Announcements

Visa revealed that cryptocurrency-linked card usage hit $2.5 billion in its first fiscal quarter of 2022. The payments company has shown a significant effort to support widespread digital currency adoption. In a recent earnings call, the company announced that its crypto-linked card usage hit $2.5 billion in its most recent quarter. That figure is 70%…

Crypto exchange FTX Trading Ltd. has raised $400 million in a Series C funding round, valuing the company, which has leaned heavily on sports and gaming, at $32 billion. The investment values the crypto exchange at the same level as Deutsche Boerse and more than Nasdaq or Twitter. According to the company’s statement, the round…

Bahrain-based crypto exchange CoinMENA has obtained a cryptocurrency license from the European Union. As a result, CoinMENA will now be able to expand to new jurisdictions in the MENA region and beyond, as well as increase the number of crypto assets and crypto financial services on the platform. Launched in 2021 by Dina Sam’an, Talal…

Based in Dubai, blockchain-powered live streaming project Stream Coin (STRM) announced its upcoming initial coin offering (ICO) starting on February 1. Stream Coin is debuting a cutting-edge, all-in-one platform named “MeiTalk” to bring reform and innovation into the live streaming sector. Driving the engine of this platform is the STRM token. Meanwhile, the creative team…

Alphabet’s Google Cloud has launched a new enterprise that will focus on blockchain applications in an effort for the internet giant to expand its services. The new team aims to accelerate customers’ efforts in the emerging blockchain and crypto spaces, the company explained. In the future, Google Cloud could accept payments in cryptocurrencies. According to…

Cryptocurrency exchange FTX US has raised $400 million in its first funding round from investors, including Japan’s SoftBank Group Corp and Singapore’s Temasek Holdings, reaching the market value at $8 billion. The investment gives FTX US a valuation of $8 billion, placing it among the world’s most valuable private crypto firms. Investors in the round…