Crypto.com partners with Investopia Summit in Dubai
    28 Mar 2022
    427 Views

    Crypto.com has signed an agreement with Investopia Summit as the exclusive global crypto trading platform partner. The first edition of the summit will be held on March 28 in the UAE alongside Expo 2020 Dubai. It will become one of the major strategic initiatives under the ‘Projects of the 50’ backed by the UAE Government….

    Nuqtah NFT marketplace connects an art and crypto community in Saudi Arabia
    27 Mar 2022
    534 Views

    Nuqtah NFTs, Saudi’s first NFT marketplace, is bringing non-fungible tokens to Saudi Arabia to breed a new line of art investors and enable creators toward the wildest opportunities, CEO Salwa Radwi says. The startup will use the pre-seed investments from Shorooq Partners to grow its network across the MENA region. Salwa Radwi is currently the…

    After buying $500 million of Bitcoin, what will LUNA do with it?
    27 Mar 2022
    427 Views

    Luna has purchased more than 11,700 Bitcoin, worth about $520 million, to build a reserve for its stablecoin UST. But what does that mean exactly? — analyses Namcios on Bitcoin Magazine. Luna Foundation Guard (LFG) has bought over 11,700 BTC worth roughly $520 million so far this week to build a Bitcoin reserve to support…

    Following El Salvador and Cuba. Part 1
    27 Mar 2022
    422 Views

    While the world’s largest economies are gearing up for the CBDC race we recently wrote about, smaller countries are looking to integrate “traditional” cryptocurrencies into their financial systems. The alternative, they realise, is quickly losing their fiscal independence in the new economic reality. According to experts of the world’s largest investment company BlackRock, we are…

    Alchemy Pay partners with GrePay to offer crypto payment services in the UAE
    26 Mar 2022
    362 Views

    Alchemy Pay, a crypto payment provider, partnered with GrePay, a global acquirer and payments provider, to expand its services to global markets, including the UAE, India, Pakistan, Mexico, Brazil, Chile, and Colombia. With over 100 local payment channels, GrePay processes over 200,000 transactions per day. Using these channels, Alchemy Pay aims to connect crypto service…

    UAE’s Cypher Capital launches $100 million crypto asset fund
    26 Mar 2022
    465 Views

    Cypher Capital, a Dubai-based venture capital company, is launching a $100 million seed fund aimed at investing in crypto and digital assets. It plans to invest 40% of its funds in the emerging blockchain and crypto startups in India. The fund, financed by the company’s founder, Bijan Alizadeh, will also invest in decentralized finance platforms,…