Crypto-news

Solana developers are forking Serum, the FTX-developed liquidity hub widely used on Solana, after it may have been compromised in the FTX hack. Meantime, some Serum-related Solana apps have begun limiting their exposure, citing security concerns. On Nov. 11, an unknown attacker made unauthorized withdrawals of more than $400 million from FTX. The situation has…

Nike is opening an online store and trading platform for virtual sneakers pumping investment into the metaverse. The ‘.Swoosh’ platform is a major part of the sneaker maker’s push into the metaverse. User registration begins on Nov. 18. Nike Inc., the world’s largest sportswear company, plans to release its own digital goods on the .Swoosh…

Binance’s CEO Changpeng Zhao said that Binance would launch the fund to help projects “who are otherwise strong, but in a liquidity crisis,” welcoming investors to contribute to the fund and qualifying projects to apply. Tron founder Justin Sun said that Tron, Huobi Global, and Poloniex will support the initiative. Binance plans to launch a…

Breaking crypto news from the last week (Nov. 5–11, 2022): Nov. 5: Google Cloud is adding support for the Solana blockchain in BigQuery, to make it easier to access Solana data. It is also working on bringing Solana support to its Blockchain Node Engine. Support for Solana will go live in the first quarter of…

Top investment deals across the crypto sector over the last week (Nov. 5–11, 2022): Japanese mobile operator NTT Docomo plans up to $4 billion in Web3 investments Japanese mobile operator NTT Docomo plans to invest up to ¥600 billion ($4.1 billion) over several years to focus on web3 technology, the company said in its second-quarter…

Top crypto news from the Middle East region over the last week (Nov. 4 –10, 2022): Middle East, Asia, and Africa blockchain association launches in Abu Dhabi A new blockchain, the cryptocurrency-focused association has been established within Abu Dhabi’s free economic zone, with the goal of advancing the development of blockchain and cryptocurrency ecosystems throughout…