On December 15, the Global Distributed Cloud Storage Summit (DCS 2021), a prominent blockchain event with over 20,000 delegates, was officially started at the Abu Dhabi National Exhibition Centre in the United Arab Emirates. Right in the heart of the UAE, this summit is a blockchain festival drawing in the best-in-blockchain industry from around the…

Dubai Multi Commodities Centre’s (DMCC) new crypto-focused Future of Trade report highlights growing opportunities for global trade’s $260.9 billion decentralized finance (DeFi) sector. Focused on DeFi, the report examines the key opportunities and challenges that the growing technology faces and how DeFi can bolster global trade. The thought leadership report series of DMCC – the…

Breaking crypto news from the last week (Dec. 11 – 17, 2021): Dec. 11: The International Monetary Fund (IMF) called for a “comprehensive, consistent, and coordinated” approach  to harness the benefits of crypto’s underlying technology while mitigating its risks. The fund plans to work closely with the Financial Stability Board (FSB) and other members of…

The SubQuery Network is a data indexing protocol (decentralized data aggregator) for the Polkadot and Substrate Projects. The main objective of SubQuery is to expand access to the Polkadot blockchain data by creating new markets for data indexing and provision. In mid-December, the SubQuery Network announced its partnership with Solarbeam, the largest DEX on the…

The CNBC Millionaire Survey results show that 83% of millennial millionaires own crypto. Furthermore, 48% state they would be adding to their holdings in 2022. Meanwhile, baby boomers and Gen X are few investing in crypto. A new report released by CNBC shows that millennial millionaires are planning to add more cryptocurrency to their portfolios…

The crypto economy as of late has been developing most rapidly in Africa, Latin America and the post-Soviet states. We decided to take a closer look at the process. Africa as a region still has the smallest cryptocurrency economy on the planet. But that is precisely why it’s growing so fast, starting from a low…