Cronos, the DeFi and Web3 gaming-focused blockchain network by Crypto.com, has launched the Cronos Accelerator Program aiming to help developers and builders accelerate the ecosystem’s growth. The Cronos Accelerator Program is funded by the $100 million Cronos Labs Ecosystem Fund to provide investments and guidance to early-stage blockchain projects. The Cronos Accelerator Program is funded…
The US Securities and Exchange Commission (SEC) is reportedly investigating whether Binance’s BNB token was a security during its sale in 2017. In recent months, Binance has faced scrutiny from a variety of US regulators. As Bloomberg reported on Monday, the SEC has launched a probe into the BNB token. The US securities regulator is…
A record 9 crypto companies made it onto the Forbes Fintech 50 list – the most innovative private companies in fintech. Collectively, they have raised $6.5 billion in venture capital, with the lion’s share within the past 12 months. FTX Locale: Nassau, Bahamas Valuation: $32 billion One of the largest crypto trading exchanges in the…
Pallapay, a global company that offers crypto exchange services, announced the launch of its Crypto POS Machine service in Dubai, which allows its clients to accept crypto payments without owning crypto. Pallapay’s clients now can accept payments in Bitcoin, Tether, USDC, Tron, and Palla Token directly into their fiat bank accounts in AED, USD, Euro,…
Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up against gold as a long-term investment? — a study compiled by Jordan Finneseth of Cointelegraph. The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect…
Al Jalila Foundation, a Dubai-based non-government organization (NGO), has received approval to accept charitable donations in cryptocurrencies, becoming UAE’s first healthcare charity accepting donations in crypto. The NGO is also a member of the recently created the Mohammed Bin Rashid Al Maktoum Global Initiative. The foundation has already partnered with a leading crypto platform on…