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Saudi Arabia
Hackers Impersonate Saudi Crown Prince to Promote Fake ‘Official’ Memecoins
The promotional posts have been deleted and the Saudi Law Conference, whose account was compromised, issued a statement on it.
Saudi Prince’s Investment Firm Shuns Crypto Investments, Citing Lack of Utility: Reuters
Speculation on social media had suggested that the Saudi royal family was considering investing in cryptocurrencies.
U.S. Added 272K Jobs in May; Semler Scientific Buys $17M More Bitcoin
"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, as bitcoin (BTC), stocks and bond markers have all turned lower in response to the strong employment data in May. Plus, Saudi Arabia’s central bank has joined Project mBridge as a full participant and medical device maker Semler Scientific has broadened its corporate strategy to include buying bitcoin.
Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant
The Saudi Central Bank joins the central banks of China, Thailand, Hong Kong and the United Arab Emirates in the project.
Saudi Arabia's NEOM Is Working to Build the 'City of the Future' With Blockchain, Web3: Yat Siu
Metaverse and gaming VC firm Animoca Brands is gearing up to enter into a partnership with Saudi Arabia's NEOM Investment Fund to support its aspirations as a futuristic tech hub. Animoca Brands Executive Chairman Yat Siu discusses the partnership and the outlook for Web3 in the region. Plus, Siu reacts to FTX founder Sam Bankman-Fried being found guilty on all seven counts of fraud and what it means for the crypto industry.
Animoca Brands Courts $50M Investment From Saudi Arabia's NEOM
Animoca will build Web3 service capabilities with global commercial application alongside NEOM to support its aspirations as a futuristic tech hub.
Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem
Bitcoin and crypto aren't unraveling the banks.
Animoca Brands' Yat Siu on Web3 Developments in MENA
Animoca Brands recently announced the backing of Nuqtah, Saudi Arabia's first NFT marketplace platform. Animoca Brands co-founder and Executive Chairman Yat Siu discusses the move and the state of Web3 developments in Saudi Arabia.
SVB Implosion Tanked NFT Trading Volumes, DappRadar Report Suggests
The day after the Federal Deposit Insurance Corp. took control of Silicon Valley Bank, there were only 12,000 active NFT traders, according to DappRadar. That's a number not seen since November 2021. Animoca Brands co-founder and Executive Chairman Yat Siu reacts to this report and discusses his outlook for the NFT market and the broader state of Web3. Plus, insights into Animoca backing Nuqtah, Saudi Arabia's first NFT marketplace platform.
Energy Giant Saudi Aramco Signs Agreement With droppGroup to Build Web3 Tech
Saudi Aramco will explore co-developing blockchain-based technologies that could benefit its workers.