Crypto Adoption Hits Record Highs

    Before our very eyes, cryptocurrencies are reverting to their original role. What has at one point turned into an investment and speculative tool is going back to its roots – crypto as a means of payment. It’s damn nice to watch your predictions come true. And in addition, it is fascinating to see exactly how…

    FTX partners with AZA Finance to push Web3, NFTs and cryptocurrencies in Africa

    Crypto exchange FTX announced the start of a partnership with AZA Finance, whose objective is to “expand the adoption of Web3 and digital currencies throughout Africa,” including also non-fungible tokens (NFTs). A statement released by AZA Finance said the two companies will work to “create pathways for African users to participate and learn about the…

    Bored Ape Yacht Club suggests its own 3D metaverse amid ApeCoin adoption

    Since the launch of ApeCoin (APE) on March 17, it has gone on to become the most traded token among Ethereum whales. Now, the BAYC trailer posted to social media hints at a 3D gaming metaverse powered by Animoca, while TIME Magazine and other prominent firms will soon begin accepting ApeCoin as payment. Yuga Labs…

    No more 4-year cycles? 5 things you should know about Bitcoin this week

    Bitcoin avoids another “Bart” style price spike this weekend, but what’s the mood like on the market going forward? Here are five potential Bitcoin price topics to consider, writes William Suberg on Cointelegraph. Bitcoin (BTC) starts a new week on a tentatively stronger footing as macro cues curiously stabilize. After a calmer weekend than most…

    Afghanistan turns to cryptocurrencies amid US sanctions

    After the US authorities have seized $7.1 billion of assets belonging to Afghanistan, the liquidity crisis in the country unable users to cash out their own money or take loans. As a result, Afghanistan has become the 20th country out of 154 fastly adopting crypto. Since the Taliban took over Afghanistan in August of last…

    BitOasis introduces simplified crypto trading for beginners in the MENA region

    BitOasis, the prominent crypto asset trading platform in the MENA region, announced new features that make buying and selling crypto assets easier. The platform allows users to search for tokens they wish to buy or sell using their balance in AED or SAR. The swap feature on BitOasis Core will also help make crypto-to-crypto trading…

    Goldman Sachs completes the first ‘over-the-counter’ crypto trade

    Goldman Sachs announced it became the first major US bank to have made an over-the-counter (OTC) cryptocurrency transaction. The bank bought an OTC Bitcoin non-deliverable option (NDO) from Galaxy Digital. The bank’s first OTC crypto transaction could spur other Wall Street giants to follow suit. An OTC Bitcoin NDO sounds complicated, but it basically means…

    FTX and Binance get approval for a crypto license in Dubai

    Popular crypto exchanges FTX and Binance have received new licenses to operate in Dubai and Bahrain. Crypto giants are setting up the stage for a major push in the Middle East. FTX’s European and Middle East affiliate (FTX Europe & MENA) announced Tuesday it had been licensed to establish and operate Virtual Asset Exchange and…

    Crypto Trends Weekly March 12 – 18

    Breaking crypto news from the last week (Mar. 12 – 18, 2022): Mar. 12: Fir Tree Capital Management, a $4 billion New York-based hedge fund, is shorting Tether as the largest stablecoin in crypto faces down scrutiny from regulators and fears over ties to the Chinese debt market. Mar. 13: Art Dubai, held on March…

    The Time of Rapid Change

    Fate certainly has a sense of irony. While Russia, Ukraine, and Belarus are engaged in an armed conflict, their citizens have rushed to explore cryptocurrencies. For Ukrainians, it is a way to bring closer the victory, but for citizens of Russia and Belarus, it is a desperate attempt to break away from their severely compromised…