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Join Third Annual Edition of Finnovex Middle East Summit: Hybrid Experience

Exibex welcomes you to Finnovex Middle East, the Leading Summit on Financial Services Innovation and Excellence where the best minds in the Banking and Financial Services Industry converge. Sponsored Sponsored They are all set to witness the presence of 30+ industry visionaries, who would share case studies for you to learn from and exemplify exceptional organizational friction points, innovations, and accomplishments. Here is the Sponsors Roll-Call for this year’s edition:Sponsored Sponsored Powered By – RAKBANK Officially Supported By – Dubai International Financial Center (DIFC) Platinum Sponsor – SmartStream Gold Sponsors

SPAC Blockchain Coinvestors Files $250M IPO

Special Purpose Acquisition Company Blockchain Coinvestors has filed for a $250 million IPO, according to an SEC filing.Sponsored Sponsored Blockchain Coinvestors Acquisition has filed for a $250 million IPO, according to a United States Securities and Exchange (SEC) filing. The preliminary prospectus notes that each share will be available at an offering price of $10. Blockchain Coinvestors Acquisition is a blank check company that is based in the Cayman Islands. The prospectus describes the company as “focused on identifying unique business concepts with high-performing organizations that have both aspirations to

XRP Searches for Support After Rejection from Resistance

XRP (XRP) has been increasing since bouncing at the $0.62 long-term horizontal support area at the end of July.Sponsored Sponsored It was rejected by a descending resistance line on Aug 29 and is now attempting to find short-term support. XRP bounces at long-term support XRP has been moving upwards since bouncing at the $0.62 horizontal support area at the end of July. So far, it has managed to reach a high of $1.35 on Aug 15. The token has been moving downward since. Sponsored Sponsored Technical indicators are providing a mostly

BIC’s Video News Show: Robinhood IPO

In this episode of the BeInCrypto video news show, host Jessica Walker takes a look at Robinhood. Sponsored Sponsored The company just had an IPO and experienced spectacular growth in terms of new users and revenue. They definitely made the most of the meme stock phenomenon and the hype around Dogecoin and Bitcoin. But what are they more focused on, democratizing access to the stock market and meme stocks, or crypto, where they’ll do battle with Coinbase and Binance? Crypto windfall Robinhood’s second-quarter earnings report late Wednesday revealed its reliance on

Study Finds NFT Industry Shows Some Undesirable Signs

A new report finds activity in the NFT community is organic, though there are undesirable signs among investors. Sponsored Sponsored Recently, Nansen, a blockchain analytic platform released a report with new findings on the emerging non-fungible token space. According to the reports there is a large amount of healthy, “organic” growth in the NFT industry.  However, despite the good signs of progress, there were also some undesirable findings. According to the report, the NFT space “remains spotted by certain profit-seeking practices.” This determination comes from transaction patterns. Token founders might be

Indian Central Bank Could Launch CBDC Trials by December

The Reserve Bank of India (RBI) could launch its first digital currency trials by December, according to central bank governor Shaktikanta Das.Sponsored Sponsored The RBI is currently studying different aspects of digital currencies, including their security, potential impact on India’s financial sector. The central bank must also consider how a digital rupee would affect monetary policy and currency in circulation. “We are being extremely careful about it because it’s completely a new product, not just for RBI, but globally,” Das explained.Sponsored Sponsored According to Das, the central bank is also

Magnificent Seven: XTZ, AVAX, TEL, ENJ, XMR, SOL, ZEN — Biggest Gainers Aug 20 – 27

BeInCrypto takes a look at the seven altcoins that increased the most over the past seven days, from Aug 20 to 27.Sponsored Sponsored These altcoins are:  Tezos (XTZ) : 26.23% Avalanche (AVAX) : 24.21% Telcoin (TEL) : 23.30% Enjin Coin (ENJ) : 18.58% Monero (XMR) : 14.56% Solana (SOL) : 14.40% Horizen (ZEN) : 13.13% XTZ XTZ has been increasing since July 20, when it was trading at a low of $2.10. In a span of 36 days, it increased by 160%, leading to a high of $5.45 on Aug.

Dexalot Ready for Mainnet After Successful Testnet Launch

What is Dexalot? Dexalot is the first decentralized exchange with a central limit order book on the Avalanche blockchain platform. Sponsored Sponsored The Avalanche community has started testing the application in early August and it will be available on mainnet in the third quarter of 2021. With functionality and interface features that rival centralized exchanges, it is fast and easy to use. Sponsored Sponsored Dexalot runs on an on-chain central limit order book reaping the inherent benefits of blockchain technology’s non-custodial, decentralized, and permissionless nature. Key characteristics of Dexalot Central

EA Sports Hiring New Senior Director to Explore Blockchain & NFTs

A new job posting on LinkedIn reveals EA Sports’ intentions of expanding their empire into blockchain and NFTs. Sponsored Sponsored The video game giant EA Sports posted an ad on LinkedIn for a new Senior Director of Competitive Gaming Brand. In the ad EA Sports specifies the applicant should be ready to lead the business into the realm of blockchain and NFTs.   According to the job post, the company plans to expand into new territories. “We set the pace for EA’s investment in gaming subscriptions, our PC storefront and platform, competitive

Crypto Hacker’s Data Vulnerable to FBI Through Palantir Glitch

A glitch in the Palantir system allegedly allowed the FBI  unauthorized access to data on a crypto hacker case from 2019. Sponsored Sponsored The Peter Thiel-founded AI company, Palantir faced unwelcomed news.  A new report claims the artificial intelligence giant faced a glitch in their secretive software program used by the FBI. Such a mishap allowed the FBI unauthorized access to private data for over a year.  Clients of this power intelligence software include the CIA, US immigration agency ICE, and the FBI among others. Sponsored Sponsored The accusation came from a

‘Communities Are Very Important For an NFT Project,’ Says Digital Artist

BeinCrypto spoke to Julien van Dorland, digital artist, and avid non-fungible token (NFT) art collector, about his work, his collections, and the NFT space as a whole. Sponsored Sponsored Van Dorland is a digital artist, an NFT art collector, and founder of Arvable, a digital agency helping artists explore the metaverse and NFTs. Completely immersed in the NFT space, van Dorland is the perfect example of what the future holds when it comes to creating the metaverse. With involvement in almost all elements of the NFT value chain, van Dorland

Luxury Hotel in Swiss Alps Accepting Crypto Payments

The Chedi Andermatt, a luxury hotel in the Swiss Alps, announced that guests can now use cryptocurrency to pay for their stay. Sponsored Sponsored Initially, the hotel will accept both Bitcoin and Ethereum, but will consider taking other cryptocurrencies in the future. Swiss crypto service provider Bitcoin Suisse, as well as payment-service provider Worldline, will facilitate the crypto payments for the hotel. Payments in cryptocurrency are immediately converted into Swiss francs upon confirmation, the hotel said. The resort initially considered taking cryptocurrencies as a payment option about four years ago. However,