Exchanges
Social trading platform eToro to go public via $10 billion SPAC IPO
The combined company’s estimated valuation is currently $10.4 billion.
Liam Frost 2 min read
Middle East Crypto News
Regional policy, exchange hubs, tokenization, and sovereign initiatives across the Middle East.
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Top Middle East Stories
Investments
Major Dubai crypto fund to sell $750M worth of BTC to buy Cardano and Polkadot
FD7 Ventures, a Dubai-based crypto investment fund with $1 billion under management, has announced plans to sell off $750 million worth of their Bitcoin…
Hacks
Iranian hackers use cryptojacker to bypass sanctions, says report
Cybersecurity firm SophosLabs has traced MrbMiner, a new cryptojacking virus that primarily targets powerful database servers, back to a small software company in Iran,…
Latest Middle East Crypto News & Analysis
Technology
Crypto and stocks broker eToro becomes $2.5 billion ‘unicorn’
Popular social trading app and website eToro became the latest FinTech firm to get a “unicorn” classification earlier this week, local publication Calcalist reported.…
Adoption
This country will now buy state-mined Bitcoin to fund imports
The Irani government will now allow imports to be paid for using Bitcoin, as per a recent report in local publication ISNA. The move…
Scams
Rolls-Royce, Gucci-flaunting scammers caught after FBI analyzes Bitcoin trail
Two Nigerian scammers were held last week after hatching an elaborate fraud to steal “$435 million around the world” using illicit emails, luxury brand…
Adoption
Why crypto: Inflation “ravages” Iran’s rial, forcing creation of new currency
In a move helping to prove the intrinsic value of Bitcoin and other crypto assets, Iran's government is finally marking an end to the…
People
Mayor of Turkey’s pioneering blockchain city Konya named a keynote speaker at IstanBlock 2020
Uğur İbrahim Altay, the Mayor of Turkey’s pioneering blockchain city Konya, will speak at the upcoming IstanBlock 2020. Held on April 9-10 in Istanbul…
Adoption
Major Turkish city to introduce its own cryptocurrency for settling everyday transactions
Ugur Ibrahim Altay, the Mayor of Konya, Turkey’s seventh-most-populous city, recently confirmed that the initial steps required to launch a cryptocurrency project called “city…
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Regulation
Turkish regulatory group to propose new crypto rules and regulation
Adoption
Bitcoin’s $132bn market cap puts it above Turkey in terms of M1 money supply
People
Istanbul Blockchain Week’s flagship event ‘IstanBlock’ releases limited early bird tickets
Adoption
