Crypto companies dominated the World Economic Forum in Davos this year, a notable difference compared to the last one in 2020. Industry players welcomed the recent bear market as they said it is a chance to get rid of the bad actors and focus on product developments. As well as, stablecoins and regulation were two…

Al Jalila Foundation, a Dubai-based non-government organization (NGO), has received approval to accept charitable donations in cryptocurrencies, becoming UAE’s first healthcare charity accepting donations in crypto. The NGO is also a member of the recently created the Mohammed Bin Rashid Al Maktoum Global Initiative. The foundation has already partnered with a leading crypto platform on…

Breaking crypto news from the last week (May 28 – June 3, 2022): May 28: 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. May 29: Actively pushing reforms and policies in the field of digital…

The ongoing cryptocurrency crisis, which coincided with a large outflow of funds from DeFi protocols, is a good reason to momentarily step back from the endless race for profitability and rationally assess the prospects of the decentralized finance industry. Having done so, we will immediately see what we need to change in DeFi to make…