Crypto News

South Africa’s First NFT Marketplace, Momint, Shuts Down Amid Market Pressures

Momint, a South African Web3 and crypto startup, has announced its closure due to rising operational costs, limited user growth, and a challenging funding environment. Founded in 2021, it was recognized as the country’s first NFT marketplace supporting local currency transactions and gained attention with significant NFT sales. The company raised $2.1 million in seedSource link

Gate Alpha’s Points Carnival Changes How Crypto Users Access Airdrops

Two seasons, a 33-day campaign. Over 100,000 participants. $800,000 in rewards—and a third wave now underway.Source link

Abu Dhabi Ventures Into Bond Tokenization with HSBC and FAB as RWA Momentum Accelerates

The Abu Dhabi Securities Exchange (ADX) said on Thursday it is preparing to list the first blockchain-based bond in the Middle East and North Africa (MENA) region, a move that signals growing momentum behind tokenized finance in the region.Set to be issued by First Abu Dhabi Bank (FAB) using global bank HSBC’s digital asset issuance platform Orion, the bond will be recorded and traded on distributed ledger technology, the press release said. That means investors will be able to buy and hold the bond directly on blockchain rails, potentially speeding up settlement times, reducing counterparty risk and enhancing transparency.The bond will be accessible to global institutional investors via major securities settlement systems including Euroclear, Clearstream and Hong Kong’s Central Moneymarkets...

Tether Partners with Adecoagro for Renewable-Powered Bitcoin (BTC) Mining in Brazil

Tether and Adecoagro have announced a collaboration to explore renewable energy-powered Bitcoin mining in Brazil, aiming to enhance energy efficiency and boost decentralized networks. (Read More)Source link

Gate Launches xStocks Trading Section, Bridging Crypto Finance and Global Capital Markets

This content is provided by a sponsor. PRESS RELEASE. In July 2025, Gate, a global leading digital asset trading platform, officially launched its xStocks trading section, covering both spot and futures markets. The initial listings include 8 popular tokenized stocks, such as COINX, NVDAX, CRCLX, AAPLX, METAX, HOODX, TSLAX, and GOOGLX, enabling global users toSource link