Announcements

Polygon said on Oct. 10 that its zero knowledge-EVM public testnet for Hermez, which Polygon acquired last year for $250 million, went live. The company continues targeting the mainnet going live sometime in early 2023, calling it “the next step for Ethereum.” DeFi protocols Aave and Uniswap will also be launching on its testnet. At…

Crypto exchange FTX announce the launch of its new version on Nov. 21, featuring an improved matching engine aimed at addressing complaints from users about the performance of the current one. The upgraded order-matching engine will reduce latency by 50%. “We’ll be rolling out a whole new order matcher, lower latency API pathways, a whole…

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. About Capital said that under its control, Huobi “will embrace a series of new international brand…

Top crypto news from the Middle East region over the last week (Oct. 1–7, 2022): Future Blockchain Summit: Chainalysis experts to discuss blockchain risks, opportunities, and compliance  Chainalysis, the blockchain data platform, announced its plans to participate in the 2022 edition of the Future Blockchain Summit, taking place in Dubai from Oct. 10-14. Through a…

The European Union has confirmed a sweeping ban on providing crypto services to Russians as it tightens sanctions in the wake of what it calls “sham” secession votes in four Ukrainian regions. All transfers from Russians to European crypto wallet providers will be forbidden. Meanwhile, NFT creator Dapper Labs and crypto exchange OKX has also…

Users of the decentralized exchange aggregator 1inch Network can now use human-readable addresses supplied by Unstoppable Domains within 1inch’s product ecosystem. Unstoppable Domains hit over 2.5 million registered domains, which can be used perpetually, amid a recent surge in domain name service popularity. According to the new agreement, users of the 1inch Wallet can purchase…