DeFi shows an 880% spike in adoption due to emerging markets
    05 Oct 2021
    444 Views

    Chainanalysis has attempted to measure the adoption of decentralized finance worldwide and issued the Global DeFi Adoption Index, where compiled statistics show an 880% increase in the usage of DeFi. However, crypto is not so close to becoming mainstream as some developed markets become reluctant on the crypto market. Instead of using the usual metrics…

    Dubai Police teams up with a crypto platform to combat frauds
    05 Oct 2021
    528 Views

    Dubai Police has teamed up with cryptocurrency trading platform BitOasis to educate investors and traders about crypto fraud. The collaboration aimed to educate investors and traders more about the sector. As Arab News reported, Ola Doudin, CEO of Crypto exchange BitOasis said: “We have been working with key policymakers to help them build regulation that…

    TikTok is experimenting with the NFTs using its viral moments
    05 Oct 2021
    578 Views

    TikTok announced it is releasing an NFT collection called TikTok Top Moments. The first one is set to be released in collaboration with Lil Nas X. According to a press release issued by TikTok, the company sees NFTs as an untapped growth vector in its ongoing efforts to help drive content monetization for creators. The…

    Kenny Li, the co-founder of Manta Network: «We are currently looking for partners in the Middle East»
    05 Oct 2021
    1,591 Views

    Exclusive interview for Gulf Crypto Insight Manta is a set of easy-to-use and secure open-source and verifiable protocols based on the Substrate framework. It uses zk-SNARK to provide complete end-to-end anonymity, high bandwidth, and strong inter-network compatibility (supports Polkadot’s main cryptocurrencies and stablecoins on the parachain). Manta includes a decentralized privacy payment protocol and a…