Announcements

Solana announced the launch of the Wormhole Network, an Ethereum – Solana cross-chain bridge, which enables the transfer of digital assets between ERC-20 and SPL blockchains. The announcement notes that Saber, the Solana-based protocol with more than $4 billion total-value locked (TVL), will support migration from Wormhole V1.0 to V2.0. While the TVL of the…

Twitter users on Apple’s iOS will now be able to connect third-party tipping services to their profile on the social media site. That will include the ability to link both Bitcoin addresses and Lightning Network addresses. Twitter also announced that it will add non-fungible token (NFT) verification features to the platform. The social media giant…

Sorare, a sports NFT platform, raised a Series B round of $680 million at a $4.3 billion valuation. The financing by SoftBank has become the biggest Series B round in Europe. Launched in late 2019 as an alternative to traditional fantasy sports games, Sorare minted football player cards as NFTs. Users can build a weekly…

The UAE’s financial regulator has approved a regulatory framework for trading crypto assets in one of Dubai’s free trading zones. The United Arab Emirates’ Securities and Commodities Authority (SCA) has signed an agreement with the Dubai World Trade Centre Authority (DWTCA) to support regulation of cryptocurrencies within DWTCA’s free zone, Reuters reports. The new initiative…

Robinhood is testing a new feature on its app that would enable users to trade and store cryptocurrency in digital wallets, according to Bloomberg. People interested in beta testing the new feature can sign up soon, though the official release won’t come until 2022. Shares in Robinhood Markets, Inc. already jumped nearly 11% after the…

The Sharjah Research Technology and Innovation Park (SRTIP) issued its third Distributed Ledger Technologies license (DLT) to ZelaaPayAE, which works to advance tokenization, promotes non-fungible tokens (NFTs), and develops payments infrastructures and various blockchain applications. ZelaaPayAE CEO, Mr. Sahil Arora said in a press release: “We chose to set up at SRTIP because of their…