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Major Esports Team TSM Drops Record-Breaking $210M Sponsorship Deal with FTX


Professional esports organization TSM has suspended its partnership with FTX and dropped ‘FTX’ from its name. And it's far from being the only company to end a business deal with the collapsed crypto exchange. Per the TSM announcement, the FTX branding will be removed from player jerseys, as well...

Visa Terminates Agreements With Bankrupt Crypto Exchange FTX


Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being wound down by their issuer.” Visa Ends Agreements With FTX Visa Inc., the world’s...

Abu Dhabi Fintech Startup Raises $20 Million in Series B Funding Round


Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and this brought the total of funds raised to nearly $40 million. Pyypl has said it plans to use the recently raised funds to develop and add new features to its proprietary technology....

Visa Warms Up Fans With NFT Auction Ahead of Soccer World Cup in Qatar


Financial services giant Visa has set out to activate soccer fans for the upcoming World Cup Qatar 2022 with a non-fungible token (NFT) initiative. FIFA’s payment partner has teamed up with the governing body’s crypto sponsor to celebrate the planet’s most popular sport, art and technology. Visa...

Crypto.com to offer self-issued Visa Card in Singapore


Crypto.com has officially become an Associate Programme member in Singapore with plans to soon self-issue Visa cards to its users in Singapore. However, this further deepens the global partnership of Crypto.com and Visa, with the best reach to customers across the globe. Visa Cards issued...

VISA files its application for two separate NFT trademarks


VISA, which in actuality is a global payment processor, has taken the opportunity of officially filing its application for two separate NFT trademarks. This act is duly carried out on the 22nd of October, 2022. This bit of information was shared by Mike Kondoudis, an attorney in the field...

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