Crypto staking platform Freeway halts withdrawals, sending FWT token into a free fall
25 Oct 2022
396 Views

Crypto-staking platform Freeway, which touted up to 43% annual rewards, halted withdrawals and deposits on its platform on Oct. 23, citing market volatility. The platform also deleted its team details, which allegedly hints at a rug pull, according to FatManTerra. As a result, the platform’s native token FWT was down more than 70% over the…

Gulf Crypto Insight: Hot crypto news from the MENA region – October 21
23 Oct 2022
666 Views

Top crypto news from the Middle East region over the last week (Oct. 15–21, 2022): GITEX Global was held at the DWTC, UAE GITEX GLOBAL (Gulf Information Technology Exhibition) is one of the biggest and a highly influential technology conferences happening since 1981. GITEX 2022 was a five-day event (October 10th-14th) at the Dubai World…

Aptos blockchain launches its mainnet, fuelled by millions of VC dollars
18 Oct 2022
346 Views

Aptos Labs blockchain announced the long-anticipated launch of its mainnet on Oct. 17, becoming the first of the Facebook spin-off networks to premiere and test its multibillion-dollar valuation. However, until the Aptos token, wallets, trading venues, and DApps debut, there won’t be many use cases on Aptos. Aptos is the creation of several ex-Meta employees…

1inch Network partners with Oktagon MMA
17 Oct 2022
332 Views

Decentralized exchange aggregator 1inch Network has partnered with the major European sports promotion firm Oktagon MMA. The partnership signifies another step into the MMA terrain in a move to bridge DeFi and exciting competitive sports. Like the 1inch Network is committed to driving mass adoption of DeFi, Oktagon is striving to make MMA available to…

What is a Web3 browser and how does it work?
16 Oct 2022
474 Views

Web3 browsers, like Brave and Opera, allow users to access DApps, integrate cryptocurrencies, and surf over the decentralized web with greater privacy and security – describes Onkar Singh on Cointelegraph. A software program called a web service enables computer-to-computer communication over the internet. However, web services are nothing new and typically take the form of…

Gulf Crypto Insight: Hot crypto news from the MENA region – October 14
15 Oct 2022
615 Views

Top crypto news from the Middle East region over the last week (Oct. 8–14, 2022): DMCC Crypto Centre to get access to $150 million Brinc’s fund Dubai Multi Commodities Centre (DMCC) has partnered with the global VC firm Brinc to provide DMCC Crypto Centre members with access to Brinc’s $150 million accelerator fund. Brinc is…