Announcements

Equity exchange Nasdaq plans to become an institutional crypto custody service taking on established crypto players like Coinbase. This move is in line with its broader mission to be a crypto service provider rather than facilitate crypto trading. Nasdaq, which operates markets in the US and global equities, is not a newcomer to the crypto…

Algorithmic market maker service Wintermute suffered a hack on Sept. 20, with a loss from the platform’s portfolio of around $160 million across 90 assets. Wintermute stated that it has no solvency concerns, calling the hacker to engage in a “whitehat” response. Evgeny Gaevoy, Wintermute founder and CEO, said on Twitter that “we’ve been hacked…

Metaplex, creator of the NFT protocol on Solana, is launching an MPLX governance token and will conduct an airdrop for NFT creators. Metaplex said it took a snapshot of eligible creators who created NFTs via Metaplex by August 24 and has removed of the airdrop hundreds of wallets “believed to belong to bad actors.” Metaplex…

DeFi product builder Coin98 Labs is rolling out the Coin98 Dollar (CUSD), the fully collateralized decentralized stablecoin for the Coin98 cross-chain ecosystem. Coin98 sees CUSD as the default exchange unit across all Coin98 Finance products, with distant plans to gradually expand it into other DeFi ecosystems. As the world of multi-chain expands, it significantly drives…

Top crypto news from the Middle East region over the last week (Sept. 11–17, 2022): The 22nd World Blockchain Summit is set for Dubai on Oct. 17-18 The 22nd global edition of the World Blockchain Summit will bring together some of the world’s leading crypto influencers, policymakers, key government delegates, media, family offices, HNIs, and…

OpenSea, the world’s biggest NFT marketplace, has officially announced OpenRarity, a new NFT rarity protocol for the NFT community, elaborated together with Web3 analytics experts Icy.tools, Curio Tools, and PROOF, to provide a new standard of NFT ranking methods. OpenRarity will be launched next week. Nowadays, there are several high-profile NFT rarity platforms, and each…