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….

    How do traders capitalize on crypto market crashes and liquidations

    Everyone’s a genius trader during bull markets, but there are also ways to generate profits during bear trends. How to capitalize on liquidations, writes Elaine Hu on Cointelegraph. The first week of the new year saw a vicious pullback across all cryptocurrencies in the market. Ether (ETH) price dropped from its November peak at $4,800…

    Crypto City: Guide to Dubai

    This “Crypto City” guide of Cointelegraph looks at Dubai’s crypto culture, its most notable projects, and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses. Fast facts: City: Dubai Country: United Arab Emirates Population: 4 million Established: 1833 Languages: Arabic (official), English (most common), Hindi is also widespread…

    Spain moves to regulate influencers promoting crypto

    The first country in the EU, Spain, is trying to control the way cryptocurrencies are marketed, with new restrictions on influencers’ promotions. According to the new rules published Monday, posts promoting crypto-assets must now include the appropriate disclaimer. Fines for non-compliance could reach €300,000. The new rules will come into force in February. The fast…

    Walmart is preparing to join the metaverse with its own cryptocurrency and NFTs

    American retail chain Walmart is preparing to enter the metaverse by creating its own NFT collections and cryptocurrency. This information is based on several trademarks filed by the retail giant with the United States Patent and Trademark Office. In late December, the retail chain filed several trademark applications with the United States Patent and Trademark…

    Indonesian student makes $1 million selling NFT selfies on OpenSea

    Sultan Gustaf Al Ghozali, a 22-year-old Indonesian student, has joined the NFT frenzy, becoming a millionaire as a result. He listed selfies of himself as an NFT for five years on OpenSea, the largest NFT marketplace, and sold them for $1,107,225 in total. Al Ghozali is a college student studying Computer Science and based in…