Morgan Stanley signaling broad crypto plans with a new job posting
    09 Aug 2022
    617 Views

    According to a new LinkedIn job posting, financial giant Morgan Stanley is looking for a product development manager with a primary focus on building a wide range of new crypto products. The new executive will lead the team responsible for more than $900 billion in assets under management. The Block reported that the new position…

    Binance-backed exchange WazirX is cracked down on by Indian authorities
    07 Aug 2022
    519 Views

    India’s Enforcement Directorate has frozen WazirX’s bank balances with around $8 million worth. WazirX faced scrutiny for its alleged money laundering. Meanwhile, Binance’s CEO said the company never completed the acquisition of WazirX, which it had announced in November 2019. India’s Enforcement Directorate (ED), a law enforcement agency that investigates financial crimes, has frozen bank…

    CME Group to release Euro-denominated Bitcoin and Ether futures
    07 Aug 2022
    604 Views

    Leading derivatives marketplace CME Group is set to offer its first euro-denominated Bitcoin and Ether futures on August 29 after its crypto derivatives posted record open interest volumes in Q2 2022. CME Group executive revealed that Europe, the Middle East and Africa region accounts for 28% of total BTC and ETH futures contracts traded. As…

    Instagram rolls out NFT support to 100 countries, while FLOW token soars at 44%
    06 Aug 2022
    720 Views

    Social media giant Meta has started to roll out NFT support on Instagram across 100 countries after integrating with Coinbase Wallet and Dapper, as well as it will also add support for NFT-focused blockchain Flow. The price of the FLOW token has surged nearly 44% over the day following Meta’s announcement. Mark Zuckerberg, the CEO…

    Coinbase stock soars 18% after the deal to provide BlackRock clients access to crypto

    Coinbase’s stock soared over 18% following the crypto exchange signing a deal with BlackRock, the world’s biggest asset manager cumulatively manages about $20 trillion. Meantime, Meta announced that it integrated Coinbase’s crypto wallet into the Instagram platform. According to an announcement published Thursday, the US-based exchange had partnered with BlackRock to provide its clients with…

    UAE businessman sets to launch an Islamic crypto ecosystem Sustain.Exchange
    04 Aug 2022
    710 Views

    Sulaiman Abdul-Karim Mohammed Al-Fahim, a well-known Emirati TV personality and a successful real estate businessman in the UAE, is set to launch Sustain.Exchange – a Shariah-compliant Islamic crypto ecosystem. As UAE ranks among nations that rapidly adopt digital technologies and invest their time and money, it has become possible due to some visionary people like…