Chainalysis: MENA region was the world’s fastest-growing crypto market

    Blockchain analytics firm Chainalysis’s study revealed that the Middle East and North Africa region was the fastest-growing market for crypto adoption over the 12-month period that ended on June 30. Crypto users in the region received $566 billion in crypto from July 2021 to June 2022. Users based in The Middle East and North Africa…

    Crypto Investments Weekly – Sept. 24–30

    Top investment deals across the crypto sector over the last week (Sept. 24–30, 2022): Deribit raises $40 million from existing investors at a $400 million valuation Deribit, the largest Bitcoin options exchange by market share, has raised funds from existing investors at a $400 million valuation, The Block reported. The Panama-based exchange raised around $40…

    FTX wins auction to acquire Voyager Digital’s assets

    Crypto exchange FTX US has won the bid for the assets of embattled crypto brokerage firm Voyager Digital, which to be approved by the UA Bankruptcy Court, with a bid valued at approximately $1.4 billion. Voyager hinted that its customers would eventually transition to the FTX platform after it finishes its Chapter 11 bankruptcy proceedings….

    The Ethereum Merge just happened: What does that mean for investors?

    Investors should take note of some of Ethereum’s core traits that just changed — Christopher Robbins describes them on CoinDesk. Ethereum has been getting ready to “merge,” creating temporary disruptions in some crypto trading and potentially new opportunities for investors. Now the Merge has finally happened. But what does it really mean? In simple but…

    Crypto Investments Weekly – Sept. 10–16

    Top investment deals across the crypto sector over the last week (Sept. 10–16, 2022): VC firm Bloccelerate is raising $100 million for its second crypto-focused fund Venture capital firm Bloccelerate is looking to raise $100 million for its second fund, according to a filing with the US SEC on Sept. 9. The Bloccelerate VC Fund…

    State Street sees institutional investors don’t worry about the crypto-winter

    Investment management giant State Street says institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” the firm’s executive noted. State Street had expanded its crypto service earlier, citing soaring demand from traditional funds. The Sydney Morning Herald reported that…