Business
Adoption
Binance to Launch Prepaid Crypto Card in Argentina
  • Binance Card was launched in Argentina in partnership with Mastercard, allowing users to maker purchases using crypto at over 90 million merchants globally.
  • The card will not only allow customers to make payments using crypto, but also make cash ATM withdrawals, as well as earn up to 8% back on certain purchases.
August 5, 2022, 3:56 PM
Binance CEO Changpeng Zhao

Binance CEO Changpeng Zhao. CryptoMonedaseICOs

Coinbase to Provide Crypto Access to BlackRock’s Institutional Investors
  • Users of BlackRock’s institutional investment management platform Aladdin will soon have access to Bitcoin thanks to the new partnership with Coinbase Prime.
  • Shortly after the news were announced, Coinbase’s publicly traded shares jumped in price by 31%, forcing NASDAQ to briefly pause COIN trading due to volatility.
August 4, 2022, 5:27 PM
Coinbase CEO Brian Armstrong at Vanity Fair's New Establishment Summit, talking about the future of crypto and Facebook's Libra

Coinbase CEO Brian Armstrong at Vanity Fair’s New Establishment Summit, October 2019.Vanity Fair

Sygnum Bank Adds Support for ADA Staking
  • Cardano’s native token ADA has become the fourth asset to be supported by Sygnum’s staking platform, the rest being ETH, ICP, and YTZ.
  • Although Sygnum first debuted its crypto staking service two years ago, it has already become an integral part of its business.
August 2, 2022, 3:46 PM
cardano

Shutterstock

Ledger Reportedly in Talks For $100M Funding Round
  • Unnamed sources have said that the company is currently in talks with interested parties to raise at least $100 million in a new funding round.
  • The same people noted that Ledger had experienced growth in its business over the past months, as investors turn to cold storage.
August 1, 2022, 6:28 PM
ledger

Shutterstock

Jul 19, 2022
Dubai Adopts New Metaverse Strategy
  • Introduced by crown prince Sheikh Hamdan, the new strategy hopes to attract more than 1,000 blockchain and metaverse projects, and support 40,000 virtual jobs by 2030.
  • Sheikh Hamdan pointed out that the “two key enablers of the metaverse”, virtual reality and augmented reality, have already created 6,700 jobs in the area, contributing $500 million to the UAE economy.

Crown Prince of Dubai Hamdan bin Mohammed Al Maktoum during a meeting with President of Ukraine Petro Poroshenko, Abu Dhabi, United Arab Emirates, 24 February, 2015. Drop of Light/Shutterstock

Jul 13, 2022
Blockchain, NFT, and Metaverse Included in Shanghai’s 5-Year Development Plan
  • One of the main points in Shanghai’s five-year development plan was metaverse, with the government planning to fund more than 100 firms focused on virtual reality.
  • The city will also encourage the development and application of “blockchain+” technology, and the promotion of NFT trading platforms.
Jul 12, 2022
GameStop Launches NFT Marketplace in Public Beta
  • GameStop has described its new platform as a “non-custodial, Ethereum Layer-2-based marketplace that enables parties to truly own their digital assets”.
  • The company said it plans to expand the NFT marketplace functionality over time, adding new categories such as web3 gaming, introducing more creators, and more.
Jul 8, 2022
Binance Receives License From Bank of Spain
  • Now registered as a VASP in Spain, Binance is able to provide AML and CTF compliant crypto exchange and custody services in the country.
  • The exchange is now planning to expand its services in Spain, as well as onboard local talent to help grow Spain’s crypto ecosystem.
Jun 22, 2022
Crypto.com Granted In-Principle License in Singapore
  • One of the advantages of receiving a Major Payment Institution license is that it allows companies to provide Digital Payment Token services to customers in Singapore.
  • In order to acquire the license, Crypto.com was obliged to act in accordance with AML and CFT legislations, as well as comply with a number of legal demands.
Follow Us