Breaking crypto news from the last week (Oct. 8 – 14, 2022): Oct. 8: Leon Li Lin, the founder of crypto exchange Huobi Global, is selling his controlling stake to a Hong Kong investment firm, About Capital, according to Huobi’s website. The company said the deal has no impact on Huobi’s core business. Oct. 10:…

According to a new report released by The Block Research, crypto venture funding has fallen for its second consecutive quarter for the first time since 2018. The number of VC deals also took a sharp turn, declining by 22% quarter-on-quarter. However, infrastructure startups continue to show strong growth at the seed stages. In Q3 2022,…

Top investment deals across the crypto sector over the last week (Oct. 8–14, 2022): Crypto.com invests €150 million in France, choosing Paris as its EU headquarters Crypto platform Crypto.com has announced a €150 million investment into France to support its operations in the country. This includes the establishment of a headquarters in Paris as its…

Web3 browsers, like Brave and Opera, allow users to access DApps, integrate cryptocurrencies, and surf over the decentralized web with greater privacy and security – describes Onkar Singh on Cointelegraph. A software program called a web service enables computer-to-computer communication over the internet. However, web services are nothing new and typically take the form of…

TRON founder Justin Sun announced a merger between the TRON network and the Heco Chain. In his words, the TRON and BitTorrent chain network will merge with developers from Heco. Sun made this announcement a day after revealing his Huobi tokens holdings. On Friday, he said that he has up to 10 million Huobi Tokens…

Window between Web3 and wealth generation is all set to open in the MENA region, says Farbod Sadeghian, the founder of artèQ and Qlindo, on Arab News. As is true for most of the world, the socioeconomic effects of the COVID-19 pandemic throughout the Middle East and North Africa have been quite punitive. With stringent…

Top crypto news from the Middle East region over the last week (Oct. 8–14, 2022): DMCC Crypto Centre to get access to $150 million Brinc’s fund Dubai Multi Commodities Centre (DMCC) has partnered with the global VC firm Brinc to provide DMCC Crypto Centre members with access to Brinc’s $150 million accelerator fund. Brinc is…

Japanese gaming giant Konami Digital Entertainment is looking to expand into the Web3 and metaverse space via massive new hires, according to a press release published on its official website. Famous worldwide for its video games, the company plans to launch a service where players can trade their in-game NFTs “through a unique distribution platform…

Crypto platform Crypto.com has announced a €150 million investment into France to support its operations in the country. This includes the establishment of a headquarters in Paris as its base of operations in Europe. Aside from the establishment of its EU headquarters in the capital city, Crypto.com will also seek to hire local talent to…

21Shares announced its physically-backed Bitcoin ETP in the Middle East, with the listing of 21Shares Bitcoin ETP on Nasdaq Dubai. The firm said this is 21Shares’ first entry into the Middle East – one of the world’s fastest-growing crypto markets and a key region on 21Shares’ global roadmap. Listed on Nasdaq Dubai, the 21Shares Bitcoin…