Top crypto news from the Middle East region over the last week (Oct. 15–21, 2022): GITEX Global was held at the DWTC, UAE GITEX GLOBAL (Gulf Information Technology Exhibition) is one of the biggest and a highly influential technology conferences happening since 1981. GITEX 2022 was a five-day event (October 10th-14th) at the Dubai World…
Gavin Wood, the Polkadot co-founder, is stepping down as the CEO of Parity Technologies, the blockchain development company behind the Polkadot ecosystem. Björn Wagner will now lead Polkadot’s key backer company. Gavin Wood, a crypto developer who exited the Ethereum Foundation in 2015 and became Polkadot’s co-founder, will remain a majority shareholder in Parity Technologies….
The US subsidiary of crypto exchange Binance has hired ex-FBI agent BJ Kang as its first head of investigations, the WSJ reported. BJ Kang is renowned as he led the numerous probes of high-profile Wall Street insider trading cases. Meanwhile, Fidelity Digital Assets expects to add about 100 more people over the next three to…
Stablecoin issuer Tether will make USDT available at 24,000 ATMs in Brazil starting Nov. 3. The mutual conversion of Tether and Brazilian reals will be managed by the local crypto services provider SmartPay and the ATMs’ owner TecBan. On Oct. 20, Tether announced it will enable the conversion of USDT to Brazilian reals through an…
Tesla’s Bitcoin holdings remain unchanged from Q2 2022, or about $218 million worth, the documents released by the car manufacturer say ahead of its Q3 investor relations call. Despite the crypto bear market, Tesla remains one of the largest Bitcoin corporate holders. As Tesla reported to the public on Oct. 19, the company says it…
Bluesky, a decentralized social network project funded by Twitter, has announced the beta version of its upcoming app. Despite Bluesky having no current blockchain features, its decentralized design will likely appeal to crypto users. A waitlist for the decentralized social media app quickly reached its limit in one day. On Oct. 19, the project team…