Announcements

Top crypto news from the Middle East region over the last week (Dec. 10–23, 2022): MAG partners with CoinMENA to facilitate property transactions using cryptocurrency MAG, the leading real estate developer in the UAE, has signed an agreement with CoinMENA, a leading crypto asset service provider in the Middle East and North Africa (MENA), to…

The BNB Chain has seen its number of unique addresses on the blockchain grow significantly that the network now surpasses by that metric Ethereum, the second-largest cryptocurrency by market cap. In a blog post shared by the BNB Chain’s developers, they claim to be the “largest layer-1 blockchain in the world” because of the rise….

The Avalanche developers rolled out the “Banff 5″ software upgrade to introduce Avalanche Warp Messaging. The upgrade will let Avalanche subnets easily communicate and share data. Ava Labs has upgraded AvalancheGo – the software implementation of the blockchain in the Go programming language – to “Banff 5.” The new upgrade is crucial for the Avalanche…

Crypto exchange OKX published its second proof-of-reserves report, a month after its first, in a continuing effort among crypto exchanges to provide evidence they are handling customer funds safely following the collapse of FTX. Meanwhile, the proof-of-reserves method used, following the collapse of FTX has been criticized by the SEC. In a statement, OKX said…

Jameson Lopp, the co-founder of Casa, shared CoinGecko’s report on the cryptocurrencies that collapsed after being listed on CoinGecko from 2014 to 2022. 3,322 coins introduced during the “meme season” of 2021 are now defunct. According to the report from Julia Ng, CoinGecko’s head of growth, 3,322 cryptocurrencies listed on CoinGecko in 2021 have collapsed,…

Fireblocks, a crypto custody tech provider, has received the Cryptocurrency Security Standard (CCSS), a first-of-its-kind certification – a security standard for crypto wallets and custody. The CCSS was created in 2014, but no crypto company has met the necessary standards so far. The CCSS certification was created in 2014 specifically for the crypto industry, focusing…