CCTF, the largest hacker competition for blockchain hackers, is returning to Dubai in May, the UAE is emerging as a regional hub for crypto activities. The finalists of the CCTF, which purports to be the world’s largest “legal” crypto hacking competition, will compete on a yacht in the Emirati city for a $15,000 prize. The…

Goldman Sachs offered its first-ever lending facility backed by Bitcoin, a significant step for a major U.S. bank that shows an increased interest in crypto from traditional financial institutions. It allows crypto owners to receive fiat by using their crypto assets as collateral, which is the first case for Wall Street banks. According to Bloomberg,…

Central African Republic has adopted Bitcoin as an official currency, President Touadera said on Wednesday, becoming the first country in Africa and only the second in the world to do so. He also said the African nation is moving forward with broad crypto adoption plans. The President of the Central African Republic (CAR), Faustin Archange…

What does it take for a technology to really break through? – asks Dan Jeffries, an author, futurist, systems architect, and thinker, speaking on CoinDesk’s Payments Week. How does it go from something only a few people use to something everyone uses without even thinking about it? For over a decade people have wondered whether…

MetaMask partners with MoonPay to make crypto purchases easier. Users now can buy cryptocurrency directly from their MetaMask wallet using all major payment methods. In addition to existing partners Transak and Wyre, MoonPay has been selected to be one of the partners to help spread MetaMask on-ramps to a wider audience. MoonPay, an easy-to-use method…

Dragonfly, the crypto investment firm led by Haseeb Qureshi and Tom Schmidt, unveiled a new fund backed by $650 million in commitments. Among backers are Tiger Global and KKR as well as multiple unnamed university endowments. Dragonfly’s new fund was announced amid a flurry of new investment fund launches across the industry. Some of these…

Brazil, the largest South American country, is joining the first movers to regulate cryptocurrencies. The Brazillian senate has passed a bill to regulate cryptocurrencies in the country on April 27. The bill yet must first be passed by the Chamber of Deputies before President Jair Bolsonaro signs it into law. The bill aims at creating…

Standard Chartered, one of the biggest banks in the UK, announced on Monday it had partnered with The Sandbox to develop a Metaverse for its banking clients and supporters. The virtual land grab will allow the bank to engage clients and fans in a creative environment. Standard Chartered Bank has become the latest major bank…

Crypto trading platform Coinbase continues to have a “bull thesis” even amid a crypto market sell-off, Owen Lau, Oppenheimer executive director and senior analyst, says. He believes “this is a great entry point for investors.” “The bull thesis is the long-term crypto adoption,” Lau said on Yahoo Finance Live. “That’s number one thing the market…

A few days ago, ApeCoin (APE), the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), tapped an all-time high of $17.30, and the crypto asset is now the 32nd largest in terms of market capitalization among 13,691 other cryptocurrencies. It has climbed more than 50% against the US dollar in two…