Crypto-news

Nuqtah, Saudi Arabia’s first non-fungible token (NFT) marketplace, has closed its pre-seed funding round but is not revealing the amount of raised funds. Accroding to Founded this year, the company enables artists to register and trace their work and serves as a global platform for buyers keen on acquiring the latest NFTs by the Middle…

Bitcoin plunged along with other cryptocurrencies on Saturday, which is another indication of the risk aversion sweeping across financial markets. The biggest cryptocurrency was down about 18%, the largest one-day loss since September. Bitcoin was trading at $46,743 by 11:30 GMT on Yahoo Finance on Saturday, down 18% on the day. It was the largest…

Among the platforms for creating various blockchain projects, including in the DeFi segment, there are quite unusual initiatives associated with the Telegram messenger. More precisely, with the bold attempt of its creator Pavel Durov to turn an ambitious messenger into a whole separate world, an independent operating system with its own cryptocurrency on the blockchain….

David Marcus, the head of Facebook parent company Meta’s cryptocurrency efforts, said Tuesday that he will be parting company with the social media giant. Experts suggest that Marcus’s departure comes after delays of the Diem project amid scrutiny from regulators. Marcus announced the decision via a Monday tweet but hinted that it might be something…

Meta, ex-Facebook, on Wednesday announced its decision to reverse its long-standing policy that prevented most cryptocurrency companies from running ads on its services. The company’s new policy is huge for the crypto industry and will allow more retail investors to access cryptocurrencies than ever before. Citing greater government oversight and a more mature market for…

A few days after Jack Dorsey’s resignation as Twitter CEO, payments giant Square announced changing its name to Block Inc., the company said in a statement. Jack Dorsey’s Bitcoin funding initiative Square Crypto has rebranded to Spiral and is aimed to focus on “making Bitcoin the planet’s preferred currency.” The corporate rebrand, announced in a…