Announcements

Slovenia plans to mint national NFT tokens as gifts at Crypto Expo Dubai, banking on the growing crypto craze. The country’s world’s first promo experiment aims to boost tourism to Slovenia. Slovenia is set to make an impression as a crypto-friendly nation at Dubai’s upcoming mega-event. The country will become the world’s first nation to…

Financial services company MoneyGram International has partnered with the Stellar Development Foundation, a non-profit organization developing Stellar blockchain, to enable consumer’s cross-border transactions using popular stablecoin USD Coin (USDC) and convert directly to and from fiat. According to an announcement published Wednesday, MoneyGram’s network will integrate with the Stellar blockchain to enable cash funding and…

Bank of America, one of the largest banks on Wall Street, has launched its first digital asset research, looking to scale its crypto trading business. Led by Alkesh Shah, Global Crypto, and Digital Asset Strategist at Bank of America (BoA), the bank has released its first report on cryptocurrencies. The report titled “Digital Assets Primer:…

October 5, Arab Bank Switzerland announced its plan to integrate staking, custody, and trading services onto XTZ, the Tezos blockchain’s native token, to provide a digital asset environment for institutions, corporations, and high net-worth individuals. This announcement comes amid the token’s recent price surge, which led it to a new all-time high. The press release…

UAE-based crypto-asset exchange BitOasis has closed a $30 million Series B funding round led by Chicago-based Jump Capital and Dubai-based Wamda. The round was also joined by Alameda Research, Global Founders Capital, and existing investors, including Pantera Capital, Digital Currency Group, and NXMH. The new funds will be used to expand the company’s presence in…

On October 14-15, 2021, Dubai, one of the largest cities in the UAE and a new regional blockchain hub, will host the World of WEB3 Summit, the largest blockchain event in the Middle East. According to a press release, the WOW Summit will become a connection place for thousands of blockchain leaders, developers, crypto traders,…