DEX: big things to come

    Decentralized crypto exchanges received a powerful impetus for development amid the crackdown on cryptocurrencies in China and the overall growth of the DeFi sector. Now the main goal for them is to survive the increased attention from hackers and government regulators. Which of those is worse remains to be seen. In the wake of the…

    Huobi launches its NFT marketplace and Primelist event for Investors

    Huobi Global, a major global blockchain company behind the world’s third-largest cryptocurrency exchange by trading volume, announced on November 1 the launch of its Primelist event, offering both institutional and individual investors a unique opportunity to access new blockchain projects and the NFT marketplace. Blockchain firm and crypto exchange Huobi Group is staking its claim…

    Polkadot surges to a new all-time high ahead of parachain auctions

    High-speed blockchain platform Polkadot has recently passed a proposal that enables registration and crowd loans for developers. The news has made the prices of DOT soar 15% to an all-time high. In response to the news, Polkadot’s native token DOT has climbed 15% higher in prices and is currently at $51.57. The Polkadot team announced…

    Pakistan court calls government for crypto regulations

    The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. The ruling was issued by a two-judge bench presided…

    DeFi: A comprehensive guide to decentralized finance

    After Bitcoin’s launch in 2009, a robust industry blossomed, stemming from the asset, its concept, and its underlying technology. The crypto and blockchain space boasts different niches in which projects and companies develop solutions for various use cases. One such niche is the decentralized finance (DeFi) sector, which was created as an alternative to traditional…

    Saudi Arabia’s central banker says crypto too close to criminals

    Saudi Arabia’s central bank (SAMA) should have no involvement with crypto-assets, as many people who deal with crypto are criminals, said its governor. He also called regulators to catch up in regulating cryptocurrencies. Fahad Al Mubarak, head of Saudi Arabia’s central bank, claimed there would be no smashing of the banking system by digital currencies,…