KKR puts part of its $491 billion Private Equity fund on Avalanche blockchain
    14 Sep 2022
    499 Views

    US investment firm KKR & Co. has made its Health Care Strategic Growth Fund available on the Avalanche blockchain. The firm hopes that a tokenized fund will increase accessibility to individual investors. As The Wall Street Journal reported, investment giant KKR, which had $471 billion in assets under management at the end of 2021, is…

    Huobi delists Monero, Zcash and 5 more privacy coins due to regulatory concerns

    Crypto exchange Huobi Global said it will delist seven privacy tokens in the coming week, citing broader regulatory scrutiny of such tokens. The company claimed it is complying with regulations in different countries and regions. Privacy tokens lost 0.42% in 24 hours following the news. Spot and futures trading of the tokens was paused last…

    Starbucks to use Polygon for its NFT-based loyalty platform
    13 Sep 2022
    564 Views

    Using Ethereum scaling network Polygon, coffee chain Starbucks will launch The Starbucks Odyssey program that will give away NFT stamps to customers and employees and sell limited edition NFTs. The coffee giant plans to give out and sell digital stamps that can unlock perks like exclusive merch, private events, and trips. On Sept. 12, Starbucks…

    Dubai’s regulator grants provisional approval to Blockchain.com

    Blockchain.com, a London-based crypto exchange, has been granted provisional regulatory approval by the Virtual Assets Regulatory Authority (VARA) in Dubai. After granted provisions, institutional and retail clients can use the crypto platform in the UAE. Blockchain.com, via a blog post, stated that the organization is in the process of setting up a local office in…

    Gulf Crypto Insight: Hot crypto news from the MENA region – September 11
    12 Sep 2022
    474 Views

    6th Blockchain Dubai Summit 2022 will be held in Grand Hyatt on October 14-15 A two-day Blockchain Dubai Summit 2022 in Grand Hyatt on October 14-15 is going to become the leading gathering of senior decision-makers discussing the impact of blockchain and crypto technologies on industries. The event will bring together tech visionaries, entrepreneurs, investors,…

    MicroStrategy plans to sell up to $500 million of stock to but more Bitcoin
    11 Sep 2022
    478 Views

    MicroStrategy, a software development firm that has become a corporate Bitcoin vault, plans to sell up to $500 million of stock to fund more purchases of BTC. The deal is a sign firm’s exec Michael Saylor isn’t abandoning his bold plan to turn his software developer into a Bitcoin proxy. A filing on Sept. 9…