Crypto-news

Polygon, a decentralized Ethereum scaling platform, has raised $450 million in a private token sale led by Sequoia India. The funding will be used to build Web3 decentralized applications or dApps, including Polygon PoS, Polygon Edge, and Polygon Avail. This is Polygon’s first major financing round since the project began in 2017. According to Bloomberg,…

While money returns to the crypto market, derivatives data shows that investor confidence is strengthening as the market forms a bottom, signaling a possible trend reversal. The Tether/CNY premium and CME futures basis have recently flipped bullish, indicating a positive investor attitude. Over last week the total capitalization of the crypto market raised 10% to…

There is perhaps nothing in this world as pointless as making predictions for the blockchain business. Prognoses that “BTC will reach $ 100,000 by the end of … 2018 … 2019 … 2020 … 2021” seem unending. So we will try to simply point to a few of the most important things to look forward…

Solana Labs, the developer team behind the Solana blockchain, announced Solana Pay, a new point-of-sale (POS) payment product that lets merchants accept crypto payments with near-instant finality and affordable fees. The payment solution is billed to be a game-changer that will help merchants interact directly with their customers by rewarding customer loyalty in a unique…

Breaking crypto news from the last week (Jan. 29 – Feb. 4, 2022): Jan. 29: 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…

UAE’s engineering firm Al Habtoor Group in partnership with Luna PR, a Dubai-based digital marketing agency, announced “Last Hopium,” an NFT project aimed to use blockchain technology to bridge digital asset holders to big hotels like Ritz, Hilton, and Waldorf. The release of the NFT collection will be during Q1 2022. Al Habtoor Group joins…