UAE’s digital wallet Hubpay raises $20 million in series A round

    UAE-based digital wallet provider Hubpay has raised $20 million in a Series A round. Hubpay aims to facilitate the process of money transfers on a domestic and international level. The funding will be used to hire new employees and for the company’s planned international expansion in 2022, focusing on Asia and Africa, Magnitt reported. The…

    BlackRock reportedly plans to offer crypto trading

    BlackRock, the world’s largest asset manager, is reportedly planning to offer a crypto trading service to its investor clients, three sources revealed. Clients would be able to trade crypto through the firm’s Aladdin investment platform, one of the sources said. As one source familiar with the matter told CoinDesk, the New York-based firm means to…

    McDonald’s reportedly plans to build the metaverse restaurant

    McDonald’s, the world’s largest fast-food franchise, has filed 10 trademark applications to put McDonald’s restaurants in the metaverse. So not only will you be able to visit a digital version of the golden arches, but you’ll also be able to order popular items such as the Big Mac, a cheeseburger Happy Meal, or a McChicken,…

    Crypto Trends Weekly Feb. 5 – 11

    Breaking crypto news from the last week (Feb. 5 – 11, 2022): Feb. 6: While money returns to the crypto market, derivatives data shows that investor confidence is strengthening as the market forms a bottom, signaling a possible trend reversal. The Tether/CNY premium and CME futures basis have recently flipped bullish, indicating a positive investor…

    Metaverse crypto coin Metahero is betting on the Middle East investors

    Metahero (HERO) token was up over 18% last Friday, following the front cover placement of Everdome on Arabian Business, the leading investor magazine in the Middle East. After the successful presale, raising over $6.9 million, HERO is a highly underrated project, making it a great opportunity for early investors. Launched in July 2021, Metahero is…

    PwC report: Crypto M&A surged 4,846% in 2021, average deal size tripled

    According to a PricewaterhouseCoopers (PwC) report, the total value of crypto-related mergers and acquisitions (M&A) rose to $55 billion in 2021 versus $1.1 billion a year earlier. The average deal size has more than tripled since 2020 to $179.7 million, while the total value of crypto fundraising deals climbed by 645%. The US led in…