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…
The Starknet Alpha project is gearing up for an ambitious move that the development team has dubbed Starknet Regenesis. At its core is the feature-rich programming language for smart contracts, Cairo 1.0. After Regenesis, Starknet will exclusively operate with contracts based on Cairo 1.0, starting from a new foundational block. Let’s first recall the key…
Interbank messaging service SWIFT has partnered with Chainlink Labs (LINK) for a cross-chain interoperability proof-of-concept project. The project would connect SWIFT’s network to every blockchain to allow traditional finance players access to digital and traditional assets within the single network. The link-up was announced at an event in New York on Sept. 28. At the…
Christie’s, the British auction giant, launched on Sept. 27 its own dedicated NFT on-chain auction platform,” allowing auctions to be carried out fully on-chain on the Ethereum network. For the launch of the new platform, Christie’s is offering just one exclusive collection from multidisciplinary artist Diana Sinclair. Titled Christie’s 3.0, the new platform was created…