Announcements

Dubai-based crypto rating platform Evai.io announced that its EvaiStableFund saw $1 million worth in tokens staked into the new fund within 24 hours of going live. Launched on November 22, the new EvaiStableFund, gives investors the opportunity to yield a fixed 15% APY with an additional 10% per annum bonus. In addition, the fund does…

The Theatre of Digital Art and Generative Gallery has organized an exhibition of immersive digital art of seven modern artists around the world in Dubai. The event, held till February 2022, is featured by non-fungible tokens (NFTs) exposition and sales. In Dubai, the Theatre of Digital Art (ToDA) and Generative Gallery is organizing a multi-dimensional…

Emirates Post Group (EPG) announced on November 28 the first in the region issuance of non-fungible token (NFT) stamps in commemoration of the UAE National Day 2021. Each of the four NFT stamps carries a distinct design centered on the UAE national theme. The set of four different NFT stamps will be released on December…

MoonPay, a payment infrastructure provider for crypto companies, said Monday it has raised $555 million in an all-equity Series A round led by Coatue and Tiger Global that values the firm at $3.4 billion. The funds will be used to hire people, expand geographic coverage and add more payment methods such as letting users buy…

The World Economic Forum (WEF) published a resource suite about digital assets, including central bank digital currencies (CBDCs) and stablecoins. More than 85 members of the WEF Digital Currency Governance Consortium contributed eight white papers to inform lawmakers and individuals in the private sector. The World Economic Forum announced on Friday its Digital Currency Governance…

El Salvador announced Saturday plans to create a “Bitcoin City” near a volcano funded by the cryptocurrency, the President said. Also, the country plans to partner with Blockstream, a digital assets infrastructure company, to raise about $1 billion via a “Bitcoin Bond.” The Central American nation plans to build a “Bitcoin City” near the Conchagua…