Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Billion
Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity and it expects to raise an additional $60 million from leading international investors. The latest funding round sees MNT-Halan’s…
Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading
Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of…
Samsung Is Preparing Its Own Metaverse Hardware in Partnership With Google and Qualcomm
Samsung, the Korean electronics company, has revealed it is working to build its own metaverse and extended reality devices, hinting at the possibility of the launch of a VR headset in the near future. TM Roh, head of Samsung mobile experiences…
YouTuber baits MMA fighter into secretly shilling fake NFTs for $1K
Coffeezilla, a YouTuber and crypto investigator, revealed that American mixed martial artist Dillon Danis promoted a fake NFT project without disclosing that he received $1,000 for the advertisement.
Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division
Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared 2023 a “Year of…
The world must take a 'collective action' approach to regulations – India’s Finance Minister
Nirmala Sitharaman hopes that finance ministers and central bank governors will be able to agree on crypto regulations in the G-20 meeting in Bengaluru later this month.
Binance Says Indian Crypto Exchange Wazirx Can No Longer Use Its Wallet Services
Binance has announced that Indian crypto exchange Wazirx can no longer use Binance wallet services. Zanmai, the operator of Wazirx, has until Feb. 3 “to remove the funds from the accounts that they used for Wazirx’s operations.”…
FBI seizes $100K in NFTs from scammer following ZachXBT investigation
The seized property included a Bored Ape Yacht Club and Doodles NFT, 85.6 Ether and a flashy Audemars Piguet watch which ultimately helped ZachXBT identify the alleged scammer.
Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis
Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1%…
Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax
Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of crypto exchange FTX and the bankruptcy…
Don’t Get Too Greedy On Bitcoin, Analyst Suggests, Here’s Why
Bitcoin has experienced a significant trend change; the market sentiment has also changed in 2023. Since breaking from consolidation, Bitcoin’s momentum has shifted to the upside, transitioning from a bear market to potentially the early…
Uzbekistan Collects Over $300,000 From Crypto Sector
While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees…
Will Bitcoin Price Return To $20,000? Here’s What Investors Expect
Bitcoin price is still trending comfortably above the $23,000 level as it maintains its bullish trend. This has continued for a couple of weeks now, propelled forward by the newly adopted dovish stance of the United States Federal Reserve. However…
Experts Predict Future Regulation of Crypto Exchanges by 2025, With Split Opinion on Similarity to Traditional Finance
Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regulation of crypto exchanges. The experts…
Solana Can Depreciate Further If It Doesn’t Breach Its Immediate Target
Solana had significantly recovered from the lows it touched in November and December. Currently, the SOL price is stuck below the $26 mark, which has caused the altcoin to lose further value. Over the last 24 hours, Solana fell by 0.7%, which…
Sam Bankman-Fried's holding company files for bankruptcy
Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX's.
Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum
A recent report details that Russia’s largest financial institution, Sberbank, plans to launch a decentralized finance (defi) platform in May. Konstantin Klimenko, product director of Sberbank’s blockchain laboratory, said that open…
Are Cosmos’ ecosystem growth and roadmap enough to sustain ATOM’s current 50% monthly rally?
ATOM gained 50% in January and while the wider crypto market could remain bullish for some time, does the Cosmos ecosystem have strong enough fundamentals to support further upside?
Charlie Munger Doesn’t Understand Bitcoin: Michael Saylor
Warren Buffett’s right-hand man hasn’t taken the time to understand Bitcoin, MicroStrategy’s Michael Saylor said in an interview with CNBC.Michael Saylor’s latest interview includes a blast at Western elites, specifically Charlie…
Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens
Fetch.AI (FET) has set new local and 2023 highs, reaching over 30 cents per FET in a swift 20% intraday move. While some profit-taking has kicked in, the “AI arms race” heating up is causing AI-adjacent cryptocurrency tokens to spike…
Polkadot (DOT) Gains 6% In One Day As Market Sees Correction
Polkadot is rising again after slowing down on its earlier rally in January. The token is trading at $6.97, representing an increase of 5.98% in 24 hours. The token’s price has been in this range since January 20, 2023, with small increments…
Kazakhstan’s digital currency in pilot stage, per Binance, National Bank joint report
The Central Asian country’s CBDC project is right on time, according to a 2020 roadmap, as consumers and merchants use the currency in a controlled environment.
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