UAE Property Developer DAMAC to Launch Metaverse Project in March Says Managing Director – Metaverse Bitcoin News

One of the United Arab Emirates (UAE)’s leading real estate property developers, DAMAC Properties, is planning to launch a project in the metaverse soon, the company’s managing director (MD) has said. DAMAC Looking Into NFTs and Metaverse According to...

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SEC unable to locate BitConnect founder convicted in $2.4B fraud case

Indicted by the United States Department of Justice in a $2.4 billion Ponzi scheme, BitConnect founder Satish Kumbhani remains untraced following conviction. In a court filing on Monday, the Securities and Exchange Commission said that the whereabouts of Kumbhani remains...

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Survey Finds Majority of Saudis Aware, but Only a Few Invest in Crypto

YouGov’s latest survey released on Monday indicates that digital banking has become increasingly popular in Saudi Arabia. According to the survey, nine out of ten respondents (91%) say that they prefer online banking. Furthermore, 86% of respondents have even...

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Blockchain infrastructure provider InfStones closes $33 million in Series B

InfStones, a blockchain infrastructure provider, today announced the close of $33 million in Series B financing from Susquehanna International Group (SIG), Dragonfly Capital, Qiming Venture Partners, DHVC, A&T, INCE Capital, and Value Internet Fund. The InfStones team will use...

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Bitcoin’s Hashpower Drops, BTC Mining Difficulty Expected to Jump Higher in 4 Days – Mining Bitcoin News

The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s mining difficulty is...

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