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FOREO’s Flagship Products Launch as NFTs Before Conventional Release, Paving the Way for Skincare Innovation
22.9.2022
PRESS RELEASE. Stockholm, September 22nd: As the world moves into more digital environments, Swedish beauty-tech giant FOREO has taken the initiative to bring a whole new product to audiences everywhere – the beauty NFT. Blockchain technology has allowed FOREO to challenge traditional...
Africa-Focused Crypto Exchange Yellow Card Raises $40 Million via Series B Round
21.9.2022
Africa-focused crypto exchange Yellow Card recently revealed it has closed its $40 million Series B funding round. The exchange’s announcement of its latest capital raise comes just over a year after it raised $15 million from its Series A round. Funds to Be Used for Development of...
Eurocoinpay Partners With Mastercard to Launch One of the First Cryptocurrency Based Cards in Spain
20.9.2022
Eurocoinpay, a Spanish cryptocurrency exchange, has closed a deal to offer one of the first cryptocurrency-based debit cards in Spain. The card, which is already available for customers of Eurocoinpay, will allow users to acquire products in more than 90 million establishments in the European Union...
DeFi platform sees strong interest in halal-approved crypto products
20.9.2022
Navigating crypto is made more difficult for those with religious considerations and the founder of an Islamic law compliant DeFi platform has thousands of users seeking approved cryptocurrencies
Crypto Investors Yanked Money From ETH Products Despite a Smooth Ethereum Merge
19.9.2022
Nigerian Inflation Rate Rises to 20.52% in August — Month-on-Month Rate Drops
19.9.2022
While Nigeria’s year-on-year inflation rose for the seventh straight month to 20.52% in August 2022, the latest data from Nigeria’s National Bureau of Statistics shows that the month-on-month rate declined from 1.82% to 1.77% during the same period. The depreciation of the local...
UK Regulator Warns Crypto Exchange FTX Is Providing Services Without Authorization
18.9.2022
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has issued a warning about cryptocurrency exchange FTX operating in the U.K. without authorization. “Almost all firms and individuals offering, promoting or selling financial services or products in the U.K....
Crypto Investment Products Suffer Ethereum Merge Jitters, Prompting Outflow
13.9.2022
The upcoming Ethereum merge has created uncertainty among institutional investors. Despite the uptick in the price of Ether (ETH), the native token of the Ethereum blockchain, the asset has been the primary focus of outflows in terms of digital asset funds. ...
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Merge 'jitters' sees outflow from Ether-based investment products
13.9.2022
CoinShares' head of research James Butterfill said the outflows come despite "the improved certainty of the Merge."
European Union Presents Project to Fight Counterfeiting by Using NFTs for 2023
9.9.2022
The European Union (EU) is working on a project that involves blockchain architecture and the use of non-fungible tokens (NFTs) to fight counterfeiting and forgery. The project is the product of several meetings and blockchain hackathons organized by the European Union Intellectual Property Office...
ETH products grow in August as BTC products dip: CryptoCompare report
31.8.2022
The upcoming Merge has contributed to a rise in Ethereum investment products and trading volume, as crypto market AUM figures continue to drop amid the bear market
Report: Ethiopia-Based Crypto Service Providers Told to Register With the Country’s Cybersecurity Agency
28.8.2022
Cryptocurrency service providers operating in Ethiopia are now required to register with the country’s cybersecurity agency known as the Information Network Security Administration (INSA), a report has said. According to the agency, legal measures will be applied to crypto entities that fail...
Whitepay Introduces Crypto Payments to Ukraine’s Tech Stores
19.8.2022
Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset exchange Whitebit, has recently implemented crypto payments in the country’s largest tech...
Leading European Tire Retreader Vaculug to Accept Crypto Payments
15.8.2022
Vaculug, a British company that brands itself as Europe’s largest independent tire retreader, will now accept cryptocurrencies for its products and services. Its management says the business must move with the times and offer customers more options than pounds and pence. Vaculug to Take...
Billionaire Mark Cuban Sued for Allegedly Promoting a Massive Crypto ‘Ponzi Scheme’
14.8.2022
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, is facing a class action lawsuit for promoting Voyager Digital’s crypto products. The plaintiffs claim that Voyager was “a massive Ponzi scheme” and Cuban “duped millions of Americans into...
World’s Largest Asset Manager Blackrock Launches Bitcoin Private Trust Citing ‘Substantial Interest’ From Clients
12.8.2022
The world’s largest asset manager, Blackrock, has launched a spot bitcoin private trust. “Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients,” said Blackrock. Blackrock Launches Bitcoin Trust...
Mark Cuban faces class action lawsuit for promoting Voyager crypto products
11.8.2022
The lawsuit alleged Mark Cuban misrepresented the crypto offerings and services by Voyager and leveraged his years of experience to lure inexperienced customers into investing their life savings
Coinbase Faces SEC Probe Over Crypto Yield, Staking Products
10.8.2022
The crypto exchange disclosed it received an "investigative subpoena" from U.S. securities regulators
Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives
5.8.2022
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge...
Central Bank of Uruguay Summons to Binance Due to Its Savings Focused Cryptocurrency Products
1.8.2022
The Central Bank of Uruguay has issued a summon to Binance, one of the biggest exchanges in the world, due to the series of crypto-based savings products they are offering in the country. These savings products, according to the bank, can only be made through verified banking institutions or...