DeFi

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 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…

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…

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…

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…

Polygon said on Oct. 10 that its zero knowledge-EVM public testnet for Hermez, which Polygon acquired last year for $250 million, went live. The company continues targeting the mainnet going live sometime in early 2023, calling it “the next step for Ethereum.” DeFi protocols Aave and Uniswap will also be launching on its testnet. At…