Algorand signs partnership deal with FIFA
    04 May 2022
    472 Views

    Algorand (ALGO) has teamed up with FIFA to become the football organization’s official blockchain partner. The blockchain will be a “regional supporter” for North America and Europe at this year’s World Cup in Qatar and an official sponsor of next year’s Women’s World Cup. Apart from becoming FIFA’s official blockchain platform, Algorand will also offer…

    Privacy startup Nym raises $300 million to develop the ecosystem
    04 May 2022
    481 Views

    Privacy-focused project Nym has raised $300 million from a set of VC firms for a fund aimed at funding ecosystem developers. The NYM Innovation Fund will support research on mixnets and privacy-enhancing technologies. Cryptography experts will judge applications for grants under the program. Nym Technologies, a Swiss privacy startup that shields online activity from surveillance…

    The crypto ecosystem in the UAE is set for bigger things – Arab News
    04 May 2022
    347 Views

    Following the world’s media coverage of Dubai’s new crypto laws announced in March, traditional businesses and institutions, such as shops, schools, and delivery services, in the UAE are promptly embracing digital currencies. Arab News released a panoramic report on how businesses in Dubai gradually adopt payments and salaries in crypto. After the several global crypto…

    Meta: a Step Back From Blockchain
    04 May 2022
    465 Views

    Mark Zuckerberg’s company made a lot of noise a few years ago with an attempt to create its own stablecoin as a basis of a worldwide payment system built around Facebook, Instagram, and WhatsApp. Now, the once ambitious move has been reduced to some faint cracks at creating a kind of in-game currency for the…

    UAE’s Cypher Capital invests in ‘Cross The Ages’ metaverse gaming platform
    03 May 2022
    425 Views

    Cypher Capital, the UAE-based VC firm, announced that it has invested in an immersive metaverse gaming platform, “Cross The Ages,” utilizing NFTs and GameFi tokenomics. It is poised to launch its in-game NFT marketplace and DeFi suite, which give users access to farming, pooling, and bonding. Built on the Polygon platform, Singapore-based Cross The Ages…

    Samsung Group to list Asia’s first blockchain ETF
    03 May 2022
    353 Views

    Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during the first half of 2022 in a bid to capitalize on growing demand. The ETF will have a structure that is similar to that of BLOK, one of Amplify Holdings’s ETF products. South Korea’s Samsung…