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The Dubai Land Department (DLD) is exploring real estate tokenisation to simplify property-related transactions. The government-backed agency has launched the pilot phase of its “Real Estate Tokenisation Project”, that aims for collaboration between global Web3 firms and Dubai’s real estate community. DLD estimates that by 2033, the valuation of tokenised properties could touch AED 60 […]
Ripple Labs is reportedly looking to expand its custody services with a digital wallet offering. In February, the XRP issuer filed a trademark application titled “Ripple Custody,” seeking approval for “downloadable software” for crypto custody—potentially hinting at a wallet service. The application also indicates Ripple’s intent to store and manage both cryptocurrencies and fiat currencies […]
US President Donald Trump met with several crypto founders and leaders during the recent Crypto Summit held at the White House. The event brought US lawmakers under one roof with the crypto industry for the first time. At the summit, President Trump asked the US Securities and Exchange Commission’s (SEC) Crypto Task Force to put […]
The rise of “pig butchering” scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams to a record high in 2024, according to blockchain analytics firm Chainalysis. Revenue from pig butchering scams, where perpetrators cultivate relationships with individuals and convince them to participate in fraudulent schemes, increased nearly 40 percent […]
Saudi Arabia has launched a Web3 alliance group as part of its Saudi Vision 2030 program that aims to diversify the country’s economy. The newly construed Web3 Alliance of Saudi Arabia (WASA) will bring together players from the international Web3 industry. The group will work to create awareness around Web3 and help Saudi Arabia develop […]
The government is set to present the Union Budget for the next financial year on February 1. With only a couple of days until the next budget is revealed, members of India’s Web3 sector have revealed some of the changes to policy and taxation that they are hoping to see during the coming year. In […]
Coinbase CEO Brian Armstrong has raised concerns about the rising number of crypto tokens flooding the market. In a post on X Sunday, Armstrong claimed one million crypto tokens were being created on a weekly basis. With the massive influx of new tokens, he said, evaluating each token was no longer feasible. As per CoinMarketCap, […]
Malaysia could soon join other nations that are working on policies that govern the integration of cryptocurrencies and blockchain-related technologies into their financial systems. Earlier this week, Malaysian Prime Minister Datuk Seri Anwar Ibrahim met with UAE officials and Binance representatives to discuss the formulation of a supportive policy framework for cryptocurrencies. The Malaysian PM […]
Malicious crypto scammers have been found to be fishing for their victims posing as job recruiters online. Popular cyber investigator Taylor Monahan, who goes by the username @tayvano_, has posted an update to his 85,000 followers on X. As per the update, scammers are using recruiting platforms like LinkedIn to reach out to job seekers, […]
ENS Labs, the firm that launched the Ethereum Name Service (ENS) in 2017, are gearing up for their next major project. By late 2025, they plan to launch a layer-2 blockchain network called Namechain, built on the Ethereum blockchain. Namechain will leverage zero-knowledge rollup technology to improve transaction efficiency, reducing both costs and processing times. […]