Crypto

Tech

CryptoRom Scammers Add AI Chat Tool, Like ChatGPT, and Fake Hacks on Crypto Accounts to Their Toolset, Sophos Finds

News Desk 08/08/2023

Dubai, United Arab Emirates – August 8, 2023 – Sophos, a global leader in innovating and delivering cybersecurity as a service, today released new findings on CryptoRom scams—a subset of pig butchering (shā zhū pán) schemes designed to trick users of dating apps into making fake cryptocurrency

Blockchain & Cryptocurrency GCC UAE

UAE-based Islamic Coin Gains Over 1.3M Users, Paves the Way for Halal Crypto Investments

News Desk 12/06/2023

The world of crypto is rife with risky investments. Many new coins and services ask for financial contributions with little guarantee of return, and stories of crypto investors losing large sums make headlines frequently. There is a problem of ethics and reliability in the crypto world that has proven difficult to resolve. The Haqq network, […]

Business

Crypto 1 Announces Its $500M C1 Secondaries Fund in Blockchain, Crypto and Web3 Companies

Middle East News 247 30/03/2023

DUBAI, United Arab Emirates — Crypto 1 announces the founding of the C1 Secondaries Fund (the “Fund”), a newly incorporated investment fund targeting $500M investing in secondaries in Blockchain, Crypto, Web3 and FinTech companies. The C1 Secondaries Fund is a regulated private investment fund formed for the purpose of investing in secondaries asset acquisition –

Business

ReFi Crypto Currency Xrp Classic Develops Eco-Friendly Blockchain Technology

Middle East News 247 16/01/2023

DUBAI, United Arab Emirates — Created as a carbon-free, eco-friendly regenerative finance (ReFi) blockchain, Xrp Classic has completed its Fair Launch in December 2022. It has received confirmation from SolidProof on credibility and contract software authenticity. The ReFi crypto currency is listed on Coinmarketcap, with the ultimate goal of integrating its ReFi blockchain

Finance Bahrain GCC NEWS DESK

Bahrain’s Central Bank Set to Test a Crypto Payment Solution

News Editor 07/10/2022

The Central Bank of Bahrain (CBB) has announced its plans to test out a bitcoin payment solution with OpenNode, a crypto payment processor. The test is expected to be carried out through the bank’s regulatory sandbox. The Central Bank created the regulatory sandbox in 2017 with the aim that the sandbox will help the country’s fintech firms […]