Author: Crypto Insider

US-based crypto exchange Kraken has opened the waitlist for its upcoming NFT marketplace. The exchange posted this bullish announcement on May 3, claiming that its marketplace would be the complete solution for exploring, curating, and securing NFT collections. Unlike available on other marketplaces, Kraken NFT promises to offer gasless trading. The Kraken NFT marketplace will…

Algorand (ALGO) has teamed up with FIFA to become the football organization’s official blockchain partner. The blockchain will be a “regional supporter” for North America and Europe at this year’s World Cup in Qatar and an official sponsor of next year’s Women’s World Cup. Apart from becoming FIFA’s official blockchain platform, Algorand will also offer…

Privacy-focused project Nym has raised $300 million from a set of VC firms for a fund aimed at funding ecosystem developers. The NYM Innovation Fund will support research on mixnets and privacy-enhancing technologies. Cryptography experts will judge applications for grants under the program. Nym Technologies, a Swiss privacy startup that shields online activity from surveillance…

Following the world’s media coverage of Dubai’s new crypto laws announced in March, traditional businesses and institutions, such as shops, schools, and delivery services, in the UAE are promptly embracing digital currencies. Arab News released a panoramic report on how businesses in Dubai gradually adopt payments and salaries in crypto. After the several global crypto…

Cypher Capital, the UAE-based VC firm, announced that it has invested in an immersive metaverse gaming platform, “Cross The Ages,” utilizing NFTs and GameFi tokenomics. It is poised to launch its in-game NFT marketplace and DeFi suite, which give users access to farming, pooling, and bonding. Built on the Polygon platform, Singapore-based Cross The Ages…

Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during the first half of 2022 in a bid to capitalize on growing demand. The ETF will have a structure that is similar to that of BLOK, one of Amplify Holdings’s ETF products. South Korea’s Samsung…