Crypto-news

Breaking crypto news from the last week (Sept. 17 – 23, 2022): Sept. 18: Metaplex, a 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…

Top crypto news from the Middle East region over the last week (Sept. 17–23, 2022): Islamic finance sector sees growth opportunities in crypto and metaverse New research of IslamicMarkets.com with leading Islamic finance professionals shows growing acceptance of crypto and digital assets and rising interest in the metaverse. Nearly 63% predict the adoption of crypto…

Crypto exchange Binance announced on Sept. 22 the formation of its new Global Advisory Board (GAB), a strategic council of experts to advise Binance on the regulatory, political and social issues faced by the crypto industry. Former US Senator Max Baucus will lead the Board, alongside a former Obama advisor and policy experts from around…

Compute North, the US-based Bitcoin mining hosting provider, has filed for Chapter 11 bankruptcy protection in a federal court, citing the decline in Bitcoin pricing and power costs rising. In addition to general market conditions, a shift in the relationship with its biggest creditor, Generate Capital, led the firm to enter the Chapter 11 process….

Tether, the company that powers the largest stablecoin by market cap and the 3rd largest cryptocurrency, announced the launch of Tether (USDT) on Polkadot. The launch will allow Tether to move in and out of the Polkadot network. Tether, the largest stablecoin on the market, continues to expand its footprint in decentralized ecosystems with the…

Cardano, the world’s 5th-largest cryptocurrency with a market cap of $15 billion, successfully deployed a highly-anticipated upgrade – ‘Vasil’ – on Sept. 23, aiming to improve network throughput and smart contract performance for DeFi Apps. The performance improvements are expected to benefit decentralized finance applications (dApps) built on Cardano, and some of them are set…