Dubai’s crypto PR agency Luna PR partners up with LUDO

    Dubai-based Luna PR, an award-winning crypto PR and marketing agency, will be helping NFT data aggregator LUDO with digital marketing and PR. They also have to prepare Ludo products and tokens’ launches in 2022. Ludo partnering up with Luna PR, aims to reduce frictions in the metaverse and NFT industries with their search engine and…

    Russian Central Bank proposes a blanket ban on crypto usage and mining

    Russia’s central bank (CBR) proposed banning the use and mining of cryptocurrencies in Russia, citing threats to financial stability, citizens’ wellbeing, and its monetary policy sovereignty. The central bank’s hard line against crypto reportedly dovetails with the position of Russian security services. In a report published on Thursday, the central bank said speculative demand primarily…

    Friday’s crash wipes out over $1 trillion off the crypto market

    Bitcoin lost as much as 8.7% Friday and dropped below $38,000 to its lowest level in 6 months. After the Federal Reserve signals its intention to withdraw stimulus from the market, riskier assets like cryptocurrencies have suffered. Since its peak in November, the largest digital asset has lost 40% of its value. Other cryptocurrencies have…

    Visa survey: 25% of small businesses plan to accept crypto payments in 2022

    According to a survey of the payment giant Visa, almost 25% of small business owners across 9 countries, including Brazil, Singapore, UAE, and Hong Kong, said they intend to embrace digital currencies as a form of payment in 2022. Also, 13% of consumers in these countries predicted retail stores will begin allowing crypto settlements in…

    Arab Bank Switzerland is offering clients access to DeFi tokens

    Arab Bank Switzerland, the Geneva-based affiliate of Middle Eastern lender Arab Bank PLC, has extended its crypto offerings focused on wealthy investors. It includes ten major decentralized finance (DeFi) tokens, such as AAVE, COMP, UNI, and more. Arab Bank Switzerland began offering crypto custody and brokerage of Bitcoin and Ether back in 2019. Recently, CoinDesk…

    Bahrain’s crypto platform Rain raises $110 million in the latest funding round

    Based in Bahrain, crypto exchange platform Rain has raised $110 million in a Series B funding round, led by global venture capital investors, including Kleiner Perkins, Coinbase Ventures, and Paradigm. According to the statement issued by Rain, other investors participated in its latest funding round, including Global Founders Capital, MEVP, Cadenza Ventures, and CMT Digital….