Announcements

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…

Global fast-food franchise McDonald’s started to accept Bitcoin and Tether as a payment method in the city of Lugano in the region of Switzerland, which is becoming a leader in crypto adoption in Europe. It follows after the Plan B Foundation has enabled Bitcoin payments for merchants across the city. A short video of ordering…

Payments giant Mastercard launches Crypto Secure, a new software product designed to help banks and other card issuers identify and block suspicious transactions from crypto exchanges. The service is powered by CipherTrace, a blockchain security startup acquired by Mastercard last year. According to a CNBC report, Mastercard on Sept. 4 debuted a new piece of…