DeFi

Top crypto news from the Middle East region over the last week (Oct. 1–7, 2022): Future Blockchain Summit: Chainalysis experts to discuss blockchain risks, opportunities, and compliance  Chainalysis, the blockchain data platform, announced its plans to participate in the 2022 edition of the Future Blockchain Summit, taking place in Dubai from Oct. 10-14. Through a…

As I write, the cryptocurrency bear market is roaring, again, and seems to throw off a headline a day. Perhaps the most spectacular statistic is that $2 trillion has been lost since November 2021 and some commentators are saying that there is worse still to come. So, it may seem a strange moment to champion…

Users of the decentralized exchange aggregator 1inch Network can now use human-readable addresses supplied by Unstoppable Domains within 1inch’s product ecosystem. Unstoppable Domains hit over 2.5 million registered domains, which can be used perpetually, amid a recent surge in domain name service popularity. According to the new agreement, users of the 1inch Wallet can purchase…

Top investment deals across the crypto sector over the last week (Sept. 24–30, 2022): Deribit raises $40 million from existing investors at a $400 million valuation Deribit, the largest Bitcoin options exchange by market share, has raised funds from existing investors at a $400 million valuation, The Block reported. The Panama-based exchange raised around $40…

Interbank messaging service SWIFT has partnered with Chainlink Labs (LINK) for a cross-chain interoperability proof-of-concept project. The project would connect SWIFT’s network to every blockchain to allow traditional finance players access to digital and traditional assets within the single network. The link-up was announced at an event in New York on Sept. 28. At the…

Staked ETH is more capital efficient and profitable than regular ETH, and platforms that offer liquid staking derivatives are bolstering its popularity, writes Sam Forman on Cointelegraph. For years, various blockchain projects were rumored to be future “Ethereum killers,” projects that would unseat Ether from its throne and usurp its title as the top digital…