Crypto-news

The non-profit Litecoin Foundation has unveiled its OmniLite platform, which offers access to smart contracts, tokenized assets, and NFTs. OmniLite allows you to create your own cryptoassets or tokens. In effect, you can now create DeFi projects on the Litecoin network. There is nothing better for an analyst than to see his forecast come true….

Dubai, UAE & Zug, Switzerland. 6 Oct 2021. Inspirational blockchain venture capitalist CV VC begins Dubai operations with gusto, in partnership with DMCC Crypto Centre. –      Blockchain start-ups have begun to avail of CV VC expertise. Many of the 900 applications to DMCC Crypto Centre from the UAE region intend to participate in the…

UAE-based crypto-asset exchange BitOasis has closed a $30 million Series B funding round led by Chicago-based Jump Capital and Dubai-based Wamda. The round was also joined by Alameda Research, Global Founders Capital, and existing investors, including Pantera Capital, Digital Currency Group, and NXMH. The new funds will be used to expand the company’s presence in…

On October 14-15, 2021, Dubai, one of the largest cities in the UAE and a new regional blockchain hub, will host the World of WEB3 Summit, the largest blockchain event in the Middle East. According to a press release, the WOW Summit will become a connection place for thousands of blockchain leaders, developers, crypto traders,…

Surging sales and hefty prices on NFTs show no sign of abating. The Q3 figure was up from $1.3 billion in Q2 and $1.2 billion in Q1. The increase was powered by a record-breaking August that saw over $5.2 billion in trades. Reuters reported sales volumes of non-fungible tokens (NFTs) surged to $10.7 billion in…

Layer-two protocols have seen 330% growth this year in terms of active addresses. One such protocol, Polygon, has briefly surpassed Ethereum, the network for which it is a scaling solution. Many of these new users may be engaged due to the upcoming mobile gaming app Arc8. Polygon, a layer 2 aggregator, has encountered an immense…