Participation from international investors in UAE-based startups peaked at an all-time high in 2021 by the end of Q3, as Q3 2021 Venture Investment Report said. There are 2 crypto protects – crypto exchange BitOasis and Colexion NFT platform – among the top 20 UAE startups listed in the report. There is a gradual trajectory…
Robinhood will be partnering with crypto tracing firm Chainalysis to get data and tools for trading in advance of the app launching its crypto wallet. The trading app will adopt Chainalysis’ monitoring compliance solution Know Your Transaction and the Chainalysis Reactor, its investigations software, to meet compliance requirements. On Monday, Chainalysis announced the integrated partnership…
A significant share of institutional investors is expecting a major correction in the crypto market in 2022, a survey published by Natixis Investment Managers said. Despite this, institutional investors are increasingly warming up to crypto-assets. Natixis Investment Managers published the results of a global institutional investor survey. The company polled 500 institutional investors who collectively…
Ubisoft has entered the NFT market in the first of several video game companies getting more involved in the growing space. Ubisoft Quartz is a new platform based on Tezos blockchain that will allow gamers to earn and purchase items that are tokenized as NFTs. Ubisoft, a French video game developer, has announced the launch…
The International Monetary Fund (IMF) called for a “comprehensive, consistent, and coordinated” approach to harness the benefits of crypto’s underlying technology while mitigating its risks. The fund plans to work closely with the Financial Stability Board (FSB) and other members of the international regulatory community to develop an effective regulatory approach to crypto-assets. In a…
Breaking crypto news from the last week (Dec. 4 – 10, 2021): Dec. 4: Bitcoin plunged along with other cryptocurrencies on Saturday night, another indication of the risk aversion sweeping across financial markets. The biggest cryptocurrency was down about 18%, the largest one-day loss since September, while the crypto market has lost about $550 billion…