Announcements

Top investment deals across the crypto sector over the last week (Oct. 29–Nov. 4, 2022): Fireblocks-powered crypto custodian RakkaR Digital raises $10 million RakkaR Digital, a Singapore-based crypto custodian that uses technology from Fireblocks, has raised $10 million in a seed funding round. The round was backed by a single investor — SCB 10X —…

Top crypto news from the Middle East region over the last week (Oct. 29 – Nov. 4, 2022): Visa announces World Cup NFT auction In partnership with the exchange giant Crypto.com, payments giant Visa has launched a new NFT initiative dubbed “Visa Masters of Movement” to celebrate the FIFA World Cup 2022 in Qatar. The…

Swiss investment bank UBS AG introduced its digital bond, claiming to be the world’s first publicly traded bond settled on both blockchain-based and traditional exchanges. The bond will be issued on the blockchain platform of SIX Digital Exchange (SDX), not requiring a central clearing counterparty. Issuing the blockchain-based bond will probably encourage more banks to…

One of the most popular crypto wallets MetaMask has partnered with NFTBank to power necessary pricing information with its new NFT portfolio product for about 5000 NFT collections owned by its users. MetaMask intends to resolve NFT pricing complications using an advanced machine-learning algorithm. On October 31, Metamask announced its partnership with NFTBank. As part…

Find Satoshi Lab, the company behind the move-to-earn application STEPN, is releasing membership-based, multi-chain NFT marketplace MOOAR, aiming to establish a self-sustaining ecosystem for its product lineup. MOOAR users will be able to purchase the sneakers necessary to use STEPN (which currently trade on Magic Eden at a floor price of 0.98 SOL, or about…

Global payments company MoneyGram has added a service to its mobile app allowing US customers to buy, sell and hold Bitcoin, Ether, and Litecoin. Via the existing partnership with crypto exchange Coinme, the company expects to expand those cryptocurrency selections over the coming year. The new feature is being enabled by cryptocurrency exchange Coinme, in…