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0 CommentsExperts weigh in on the future of crypto as currency ahead of CoinDesk’s I.D.E.A.S. conference. Since 2009, when Bitcoin was quietly launched by its creator, the technology spurred thousands of digital money projects, creating a vibrant and lucrative landscape for investors. Investors now come in all sorts of flavors. What once was a small group…
Mastercard announced on October 17 the Crypto Source program, which will make it easier for banks and financial institutions to offer cryptocurrency trading. The payments giant is teaming up with Paxos to launch the service and take care of compliance and security. The Crypto Source program will act as a “bridge” between the crypto trading…
Breaking crypto news from the last week (Oct. 8 – 14, 2022): Oct. 8: Leon Li Lin, the founder of crypto exchange Huobi Global, is selling his controlling stake to a Hong Kong investment firm, About Capital, according to Huobi’s website. The company said the deal has no impact on Huobi’s core business. Oct. 10:…
According to a new report released by The Block Research, crypto venture funding has fallen for its second consecutive quarter for the first time since 2018. The number of VC deals also took a sharp turn, declining by 22% quarter-on-quarter. However, infrastructure startups continue to show strong growth at the seed stages. In Q3 2022,…
Top investment deals across the crypto sector over the last week (Oct. 8–14, 2022): Crypto.com invests €150 million in France, choosing Paris as its EU headquarters Crypto platform Crypto.com has announced a €150 million investment into France to support its operations in the country. This includes the establishment of a headquarters in Paris as its…
Window between Web3 and wealth generation is all set to open in the MENA region, says Farbod Sadeghian, the founder of artèQ and Qlindo, on Arab News. As is true for most of the world, the socioeconomic effects of the COVID-19 pandemic throughout the Middle East and North Africa have been quite punitive. With stringent…
