Author: Crypto Insider

Layer-two protocols have seen 330% growth this year in terms of active addresses. One such protocol, Polygon, has briefly surpassed Ethereum, the network for which it is a scaling solution. Many of these new users may be engaged due to the upcoming mobile gaming app Arc8. Polygon, a layer 2 aggregator, has encountered an immense…

Developers are flocking to the platform’s blockchain, but nimbler rivals are emerging, Richard Waters writes on FT. Is Ethereum the future of the internet? Interest in the Ethereum blockchain has soared over the past year, as developers have turned to it to create a wave of decentralized finance projects, known as DeFi, and unique digital…

Chainanalysis has attempted to measure the adoption of decentralized finance worldwide and issued the Global DeFi Adoption Index, where compiled statistics show an 880% increase in the usage of DeFi. However, crypto is not so close to becoming mainstream as some developed markets become reluctant on the crypto market. Instead of using the usual metrics…

Dubai Police has teamed up with cryptocurrency trading platform BitOasis to educate investors and traders about crypto fraud. The collaboration aimed to educate investors and traders more about the sector. As Arab News reported, Ola Doudin, CEO of Crypto exchange BitOasis said: “We have been working with key policymakers to help them build regulation that…

TikTok announced it is releasing an NFT collection called TikTok Top Moments. The first one is set to be released in collaboration with Lil Nas X. According to a press release issued by TikTok, the company sees NFTs as an untapped growth vector in its ongoing efforts to help drive content monetization for creators. The…

The World Expo, which is going to be held in Dubai this year, has played a major role in the whole world adding more value to the innovations throughout its history. And now, the most exciting news is coming! For the first time in the history, a Blockchain event will be held at the World…