Announcements

Digital currency exchange Crypto.com announced that fighters from the MMA promotion company, Ultimate Fighting Championship (UFC), will be able to win Fight Night bonuses that will be paid in Bitcoin. Fight Night bonus payouts will vary depending on placement, up to $30,000 in Bitcoin for the winners. The Ultimate Fighting Championship, the world’s biggest professional…

Beyon Money cardholders in Bahrain now will earn 3% to 5% cashback for using their cards to deposit into their crypto wallets on CoinMENA. CoinMENA and Beyon Money’s partnership will further solidify Bahrain’s position as a leading crypto hub in the Middle East. CoinMENA has partnered with Beyon Money, a financial service app powered by…

Stock and cryptocurrency trading app Robinhood announced at the Bitcoin 2022 conference today that it’s making plans to add the Bitcoin Lightning Network to its platform for speedier BTC transactions. It also shared that eligible users from its beta waitlist can now send and receive crypto through its crypto wallet feature. Robinhood announced the addition…

We looked at two landmark documents pertaining to cryptocurrency legalization in Europe: the EU Markets in Crypto-Assets regulation (MiCA) and a similar paper from the central bank of Great Britain. These massive and extremely substantive pieces consist of hundreds of pages outlining the European vision of cryptocurrencies’ role and place in the modern world and…

Lightning Labs announced Tuesday that it is building infrastructure that would allow users to send money worldwide at a low cost and almost instantaneously through the Bitcoin network. Taro protocol, which will enable stablecoin transactions, is based on Bitcoin’s Taproot upgrade launched in November 2021. According to Decrypt, the company raised $70 million in a…

Binance, the largest crypto exchange by trading volume, is recruiting over 100 positions in the UAE and is helping to shape Dubai’s new virtual assets’ regulations, its MENA regional head said. As Reuters reported, Binance’s activity in the Gulf state has boosted in recent months as the UAE tries to style itself as the world’s…