Tron becomes the 3rd-largest DeFi blockchain due to new algorithmic stablecoin USDD
    31 May 2022

    Launched in 2018, Tron is now DeFi’s third-largest blockchain in terms of total value locked (TVL). Tron’s DeFi activity saw a sharp spike after the launch of its algorithmic stablecoin USDD, promising more than 20% per year returns. Currently, the TVL across Tron’s nine different apps stands at $5.9 billion, up 44% over the past…

    MBC Group partners with BitOasis to push crypto education across MENA
    31 May 2022

    MBC Group has signed a strategic partnership with the region’s largest crypto-asset exchange BitOasis to drive customer awareness and adoption using MBC Group’s TV channels and digital platforms. “We’re witnessing the fast speed at which our region is embracing and adopting the blockchain and Web 3 technologies,” Fadel Zahreddine, group director of emerging media at…

    Dubai hotel now allows crypto payment via Binance’s gateway
    31 May 2022

    Following Binance’s launch of a crypto-to-crypto payment gateway for hotels, the Manor by JA, located at Al Furjan, will allow guests to pay using cryptocurrency, according to a statement. Now, the gateway is accessible through The Manor’s official website with strict security measures to protect customers. Payments are facilitated by cryptocurrency exchange Binance. The crypto-to-crypto…

    Crypto firms join forces to launch scam reporting platform ‘Chainabuse’
    31 May 2022

    Binance, Circle, and some other prominent crypto firms have launched a crypto scam reporting platform. The tool “empowers anyone in the crypto economy to warn others about scams, hacks or other fraudulent activity as they encounter it.” Crypto firms have joined forces and launched a new, multi-chain scam reporting platform. TRM Labs,, Circle, Solana…

    Crypto Bretton Woods?
    31 May 2022

    El Salvador has recently hosted a conference of several dozen developing countries’ heads of financial departments. They discussed the digital economy, servicing the unbanked citizens, and the integration of cryptocurrency into the financial system. For several days, El Salvador welcomed representatives of central banks and economic authorities from 44 countries (32 heads of central banks…

    Play-to-earn NFT games are the most popular in India, Hong Kong, and the UAE
    30 May 2022

    India, Hong Kong, and the UAE are the top three locations where play-to-earn games are most popular. In a recent study, Finder estimated that 34% of the Indian respondents had played play-to-earn (P2E) games, Hong Kong ranked second with 29%, while the UAE held the third position with 27%. According to Finder’s NFT Gaming Adoption…