Robinhood launches Web3 wallet beta, tapping Polygon as the first blockchain
    28 Sep 2022

    Robinhood announced the launch of its beta Web3 wallet, allowing 10,000 customers from the waitlist to participate in the wallet’s testing. The trading app said it tapped Polygon blockchain for its “scalability, speed, low network fees, and robust developer ecosystem.” Trading app Robinhood, which is solely available on iOS devices, will reportedly let users trade…

    FTX wins auction to acquire Voyager Digital’s assets
    28 Sep 2022

    Crypto exchange FTX US has won the bid for the assets of embattled crypto brokerage firm Voyager Digital, which to be approved by the UA Bankruptcy Court, with a bid valued at approximately $1.4 billion. Voyager hinted that its customers would eventually transition to the FTX platform after it finishes its Chapter 11 bankruptcy proceedings….

    Disney is looking for an M&A lawyer for its Web3 plans
    26 Sep 2022

    A new job posting on LinkedIn revealed that The Walt Disney Company is looking to hire a transaction lawyer working at an “accelerated and aggressive timeline” to explore new technology opportunities, like the metaverse, DeFi, and NFTs. The media conglomerate looks to expand into Web3 territory focusing on “next generation storytelling.” Meanwhile, Walmart sells NFT-linked…

    Gulf Crypto Insight: Hot crypto news from the MENA region – September 24
    26 Sep 2022

    Top crypto news from the Middle East region over the last week (Sept. 17–23, 2022): Islamic finance sector sees growth opportunities in crypto and metaverse New research of with leading Islamic finance professionals shows growing acceptance of crypto and digital assets and rising interest in the metaverse. Nearly 63% predict the adoption of crypto…

    Tether launches USDT stablecoin on Polkadot blockchain
    24 Sep 2022

    Tether, the company that powers the largest stablecoin by market cap and the 3rd largest cryptocurrency, announced the launch of Tether (USDT) on Polkadot. The launch will allow Tether to move in and out of the Polkadot network. Tether, the largest stablecoin on the market, continues to expand its footprint in decentralized ecosystems with the…

    Kraken CEO Jesse Powell leaves his position at the crypto exchange
    22 Sep 2022

    Jesse Powell, CEO of crypto exchange Kraken, is stepping down. David Ripley, currently serving as Kraken’s COO, will take his place in the coming months. Despite a history of controversial public remarks, Powell has denied that these controversies spurred his stepping down. As Fortune reported, Powell will continue to serve as chairman of the board…