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Blockchain set for massive exposure in Abu Dhabi

Blockchain industry set to flourish in the Middle East

Image source: IDB Blockchain technology has been the hottest topic in the tech industry for the past few years, and it is now looking to take a leap forward. A new blockchain and crypto association was recently formed in the Abu Dhabi Free Economic Zone. It

Oil Sink by 6% as COVID Lockdown Weighs on Markets in China

Oil Prices Sink by 6% as COVID Lockdown Weighs on Markets in China

As China, the world’s biggest oil importer resumed its coronavirus lockdowns, oil prices fell around 6 percent on Monday along with stock markets. The price of Brent crude decreased by $6.45, or 5.7%, to $105.94 per barrel. Oil prices in the United States dropped $6.68, or

What Are NFTs?

Source: Financial Times NFTs are technically virtual objects established in the blockchain, a digital ledger of operations distributed across an entire network of computer systems, holding unique and non-interchangeable features.  NFTs can fundamentally be anything, but a more significant part of it can be in the

Several factors may have caused the June 6 crypto market crash

The Crypto Market Crashed Once Again On June 6

To say that this year has been a roller coaster would be an understatement. The crypto market crashing is nothing new in the space. But with major losses at one point last month. Then two days ago another crash saw popular digital assets fall significantly lower

Stablecoins witness change after Circle confirms SVB exposure

Stablecoins witness change after Circle confirms SVB exposure

Stablecoin –  The failure of Silicon Valley Bank last week alarmed the tech and crypto industries, with the latter especially affected in the aftermath of the 2022 FTX failure. Circle reported that it had been exposed to Silicon Valley Bank, and USDC was momentarily depegged over

Metaverse team in Meta produces negative numbers

Metaverse team in Meta produces negative numbers

Metaverse: Facebook has grown into a dominant force in social media, bringing in billions for its founder Mark Zuckerberg. Instead of dying out, the social media platform adapted to the times and found strategies to appeal to users of all ages. The world is at the

What Are NFTs?

Source: Financial Times NFTs are technically virtual objects established in the blockchain, a digital ledger of operations distributed across an entire network of computer systems, holding unique and non-interchangeable features.  NFTs can

Metaverse team in Meta produces negative numbers

Metaverse team in Meta produces negative numbers

Metaverse: Facebook has grown into a dominant force in social media, bringing in billions for its founder Mark Zuckerberg. Instead of dying out, the social media platform adapted to the times and