Author: Crypto Insider

Top investment deals across the crypto sector over the last week (Oct. 29–Nov. 4, 2022): Fireblocks-powered crypto custodian RakkaR Digital raises $10 million RakkaR Digital, a Singapore-based crypto custodian that uses technology from Fireblocks, has raised $10 million in a seed funding round. The round was backed by a single investor — SCB 10X —…

Top crypto news from the Middle East region over the last week (Oct. 29 – Nov. 4, 2022): Visa announces World Cup NFT auction In partnership with the exchange giant Crypto.com, payments giant Visa has launched a new NFT initiative dubbed “Visa Masters of Movement” to celebrate the FIFA World Cup 2022 in Qatar. The…

Swiss investment bank UBS AG introduced its digital bond, claiming to be the world’s first publicly traded bond settled on both blockchain-based and traditional exchanges. The bond will be issued on the blockchain platform of SIX Digital Exchange (SDX), not requiring a central clearing counterparty. Issuing the blockchain-based bond will probably encourage more banks to…

As blockchain technology and cryptocurrencies become more popular, they can help overcome financial bias, strengthen financial markets and enhance law enforcement, Bas Lemmens, SVP & GM International, Chainalysis, explains in an interview with ZAWYA. In the popular mind, the blockchain and cryptocurrencies are often linked with ransomware and money laundering. But according to Bas Lemmens,…

One of the most popular crypto wallets MetaMask has partnered with NFTBank to power necessary pricing information with its new NFT portfolio product for about 5000 NFT collections owned by its users. MetaMask intends to resolve NFT pricing complications using an advanced machine-learning algorithm. On October 31, Metamask announced its partnership with NFTBank. As part…

Changpeng Zhao, CEO of the world’s largest crypto exchange Binance, says he’d be willing to join Twitter’s board of directors if invited by its new owner Elon Musk. Zhao says Musk has “lots of things to change,” including firing Twitter employees. While speaking at Web Summit 2022 in Lisbon, Portugal, Changpeng “CZ” Zhao said that…