Organized by the DMCC Crypto Centre and Bybit, the second iteration of the Web3 Unleashed hackathon will see 15 promising Web3 projects competing for a prize pool of $160,000. Dubai has established itself as a global hotspot for Web3 and blockchain ecosystems. From its crypto-friendly regulations to dynamic events, the United Arab Emirates metropolis has…

The cryptocurrency market has transformed the financial landscape by introducing decentralized finance (DeFi) and innovative economic models. As a digital ecosystem where traditional intermediaries are bypassed, DeFi promises transparency, security and inclusivity. But here’s the catch: not all areas of the cryptocurrency market have fully embraced decentralization. Some corners of the crypto landscape, like market making, are…

Cardano founder Charles Hoskinson has revealed he is setting up a policy office within his company, Input Output, to support cryptocurrency policy development in the United States. “I’m going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time members of the administration to help…

Ethereum, the second-largest cryptocurrency by market capitalization, hit $3,200 on Nov. 10 — its highest since August — as Bitcoin surpassed $79,000 following Donald Trump’s victory in the United States presidential election. According to CoinMarketCap, the market cap of Ether now stands at around $383 billion, up almost 5% in 24 hours, putting it roughly…

The crypto arm of venture capital firm Andreessen Horowitz (a16z) said that there will be  “greater flexibility to experiment” as the regulatory landscape for crypto improves in the United States. “While we’ll likely have greater flexibility to experiment, we can’t forget that the fundamental regulatory principles applicable to blockchain systems remain unchanged,” it stated before…

A second Trump administration is likely to elevate the crypto sector — both in the United States and overseas — informed market observers told Cointelegraph in the aftermath of the Nov. 5 presidential election. It raises the odds for digital asset market structure legislation, and will probably bring along a stablecoin payment act as well….

Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors. In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively. According to Buterin, “Info finance is…

Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October — reflecting heightened investor interest and increasing participation among retail traders heading into the 2024 United States elections. According to data from ICO Analytics, Pump Fun recorded the highest month-over-month increase in percentage terms — with 100% growth in October. BullX followed…

Stablecoin inflows to cryptocurrency exchanges are seeing a sharp rise after Donald Trump’s win in the United States presidential race and the 25 basis point cut by the Federal Reserve on Nov. 7. ERC-20 stablecoins flood exchanges Following the US presidential election results on Nov. 6, a substantial $9.3 billion worth of ERC-20 stablecoins were…

While decentralized finance (DeFi) technology is advancing within the Web3 space, a crypto executive said the sector still has a long way to go. At the recent Binance Blockchain Week in Dubai, Agne Linge, a former director of Binance Lithuania who now works with Web3 projects WeFi and Yellow Network, told Cointelegraph that while regulations…