DeFi shows an 880% spike in adoption due to emerging markets

    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 teams up with a crypto platform to combat frauds

    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 is experimenting with the NFTs using its viral moments

    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…

    FIRST BLOCKCHAIN EVENT IN THE “WORLD EXPO” HISTORY

    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…

    Mineplex lauds its 1st anniversary in Dubai

    This week, Mineplex has celebrated its maiden year at Ritz-Carlton Hotel, Dubai International Financial Centre (DIFC) in Dubai. The unprecedented CrossFi Mineplex successfully launched and operating the blockchain by indicating stability in its PLEX token during the hard days of the crypto market. More than 150 guests lauded its stable performance around the year. Mineplex…

    Crypto Trends Weekly Sept. 25 – Oct. 1

    Breaking crypto news from the last week (Sept. 24 –Oct. 1, 2021): 25 Sept.: Solana announced the launch of the Wormhole Network, an Ethereum – Solana cross-chain bridge, which enables the transfer of digital assets between ERC-20 and SPL blockchains. Saber, the Solana-based protocol with more than $4 billion total-value locked (TVL), will support migration…