Circle, the company behind the second-largest stablecoin USDC, announced on Sept. 28 that it will soon expand USDC support on five additional blockchains. Furthermore, the company announced a Cross-Chain Transfer Protocol to streamline the movement of USDC across networks. As the company’s CPO Nikhil Chandhok revealed at Circle’s Converge22 conference, USDC will be compatible with…

Top crypto news from the Middle East region over the last week (Sept. 24–30, 2022): First metaverse project 2117 launches in the UAE inspired by Dubai ruler’s vision The UAE-based Web3 pioneer BEDU launched the country’s first metaverse project under the name 2117, inspired by the ruler of Dubai Sheikh Mohammed bin Rashid Al-Maktoum’s vision…

BlackRock launched the iShares Blockchain Technology UCITS ETF, as the world’s largest asset manager has been increasingly engaging in the crypto sector. The world’s largest asset manager BlackRock just made another step into the crypto sector, this time launching an ETF with exposure to blockchain and crypto companies for its European customers.  According to a…

Gigantic record label conglomerate Warner Music Group announced on Sept. 29 that it would partner with NFT marketplace OpenSea to accelerate its artists’ expansion into Web3. The first joint project will be an IP-generative ‘NFT Label Pass’ developed by Web3 startup Probably Nothing. According to a statement, the collaboration will grant Warner Music artists early…