The Federal Reserve has hiked interest rates by another 75 basis points. This comes after inflation in the US had hit a 40-year high of 9.1% in June. The crypto market has rallied in response, despite the Fed’s repeated rate hikes are promoting concerns of a recession. Since Wednesday, US interest rates have returned to…

Unstoppable Domains raised $65 million in Series A funding, reaching a $1 billion valuation. The firm plans to use the funds to reduce the friction of crypto payments between applications and build reputation-based Web3 reward programs. Unstoppable Domains, a firm building digital identity markers as NFTs, announced on July 27 that it raised $65 million…

UAE ranks 4th among the most crypto-ready countries, while Hong Kong takes 1th place. The US and Switzerland follow Hong Kong, taking the 2nd and 3rd spots, respectively. Hong Kong also ranks 3rd among the countries with the most crypto ATMs per 100,000 people. Hong Kong, the USA, Switzerland, and the UAE rank high among…