Iran makes its first import worth $10 million in crypto with ‘widespread’ plans
    10 Aug 2022
    386 Views

    As Tasnim agency reported Tuesday, citing Alireza Peymanpak, an Iranian official from the Ministry of Industry, Mine, and Trade, the country this week executed its first official order for importing goods via the crypto payment route, worth $10 million cumulatively. “This week, the first official import order registration worth 10 million dollars was successfully completed…

    Reddit integrates FTX Pay to enable ETH gas fees for the community points system
    10 Aug 2022
    398 Views

    Reddit enlisted FTX and Arbitrum to launch its tokens on Ethereum. Users now can move Reddit’s Community Points to Arbitrum-built Ethereum wallets and pay gas fees with FTX Pay. Last month, top forum contributors earned up to $340 in Community Points tokens for posting in the r/cryptocurrency subreddit. Despite the bear market, FTX is continuing…

    Tiffany sells out all 250 ‘NFTiffs’ with real-life necklaces in 20 minutes
    09 Aug 2022
    412 Views

    Luxury brand Tiffany & Co. has jumped into the NFT world with a collection of limited edition Ethereum-based tokens and corresponding CryptoPunks-themed jewelry. Priced at 30 ETH, or about $50,000, the 250 pieces sold out in around 20 minutes, bringing in more than $12.5 million. On August 5, the world-famous luxury jeweler launched its first…

    Morgan Stanley signaling broad crypto plans with a new job posting
    09 Aug 2022
    411 Views

    According to a new LinkedIn job posting, financial giant Morgan Stanley is looking for a product development manager with a primary focus on building a wide range of new crypto products. The new executive will lead the team responsible for more than $900 billion in assets under management. The Block reported that the new position…

    Despite bear market, crypto fundraising hits $30 billion in H1 2022, topping all of 2021
    09 Aug 2022
    403 Views

    Messari’s latest report indicates that the market pullback in the year’s first half did not shake investors’ confidence in the growing crypto industry. As per the report, the overall amount of money raised in the first six months already exceeds the $30.2 billion that was raised in 1313 rounds throughout the entire year of 2021….

    Crypto Trends Weekly July 30 – Aug. 5
    08 Aug 2022
    349 Views

    Breaking crypto news from the last week (July 30 – Aug. 5, 2022): July 30: Finder.com, a panel of crypto industry experts, expects Dogecoin (DOGE) to completely lose its value. Dogecoin “was a meme coin that shouldn’t have really gotten to this point,” experts said, blaming Tesla CEO Elon Musk for the popularity of the…