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0 CommentsFasset, a crypto-asset gateway oriented to the Islamic world, is planning a major expansion, seeking to boost the adoption of cryptocurrencies in Indonesia and Pakistan, where it is still viewed with suspicion. The firm closed a $22 million Series A funding round led by Liberty City Ventures and Fatima Gobi Ventures, as well as regional…
Emirates revealed its plans to expand the airline’s use of the metaverse and launch NFTs to increase revenue and improve customer service. The NFTs are designed to be both collectible and utility-based, and the first projects are already underway, with launch anticipated in the coming months, it said in a statement on Thursday. Emirates added…
Circle, the issuer of the world’s second-largest stablecoin, USDC, is pursuing international expansion after securing $400 million in funding. BlackRock and Fidelity headlined the new funding round, which follows a $440 million raise last May. The capital raise, led by major investors, such as Blackrock, Fidelity Management, Marchall Wace, and Fin Capital, is expected to…
Crypto service provider Nexo announced on April 13 its partnership with Mastercard and e-money wallet provider DiPocket to launch a first-of-its-kind card in Europe that will let users get credit by putting their crypto assets up as collateral to draw fiat loans. The card will be integrated with Google Pay Apple Pay and offer 2%…
Bitcoin dropped 15% on Tuesday, falling below $40,000 for the first time since March 15, while Ethereum was down 14%, falling below $3,000 for the first time since March 23. Bullish traders lost over $439 million, which has been liquidated within 24 hours. According to CoinMarketCap, it’s part of a larger trend, with crypto markets…
Robinhood, a popular stock and cryptocurrency trading app, has listed several more digital assets, including meme-coin Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC) and Compound (COMP). It caused a spike in the price of SHIB by 20%. The company later announced on Twitter that it is giving away $100,000-worth of the new cryptocurrencies it listed….
