Announcements

FTX crypto exchange has signed Friday a deal with an option to buy crypto lender BlockFi for up to $240 million, BlockFi CEO Zac Prince said. Lately, FTX CEO Sam Bankman-Fried and his fund Alameda Research have been seen as a lender of last resort in the crypto space. Moreover, Prince tweeted that FTX has…

Giant metaverse gaming platform The Sandbox, based on the Ethereum blockchain, has unveiled a bridge that enables users to transfer their virtual NFT (LAND) and native tokens (SAND) over to the Layer-2 network Polygon (MATIC). The upgrade comes with many perks for LAND holders, including staking features and mSAND cashback. Previously, all LAND collectibles from…

Crypto.com announced Monday that it is removing 15 cryptocurrencies from its Crypto Earn rewards program. The crypto exchange is cutting DOGE, SHIB, and 13 other coins but adding ZIL, NEAR, and FTM. According to an announcement on June 27, Dogecoin (DOGE), Shiba Inu (SHIB), Tezos (XTZ), and FLOW are among the coins to be removed,…

Crypto.com has announced the integration of Apple Pay into its mobile app and website. Apple does not support the crypto payment directly, but Crypto.com users in the US would be given an option to make the in-app purchases. Purchases can be made with both credit and debit cards through Apple Pay. Crypto.com specifically was onboard…

Electronic manufacturer HTC has announced the “Viverse” phone, its first smartphone, designed to navigate the metaverse with incorporated crypto and NFT functionality. The HTC Desire 22 Pro model includes preloaded apps compatible with its own metaverse “Viverse.” As per an announcement, the new phone comes preloaded with apps that allow access to and manage your…

Qatar is actively exploring the possibilities of launching its first central bank digital currency (CBDC). If this happens, the country will become the first Arab nation to launch a CBDC. Meanwhile, the central banks in Saudi Arabia and UAE are collaborating on blockchain projects in the financial sector. Speaking at the recently concluded Bloomberg-powered Qatar…