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UAE takes top spot globally in attracting crypto FDI in 2022

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  According to a recent report by FDI markets published in FDI Intelligence, UAE topped the list of countries with most crypto related FDI projects. UAE had a whopping 15 projects making it number one. It was followed by the USA which attracted 11 crypto projects; Brazil came in third with 7 projects, followed by UK, Lithuania at 4th place with 5 crypto projects, then Singapore in fifth place with 4 projects, followed by Canada, Australia, ( 3 projects each) and France, Sweden with 2 projects  Some 98 foreign direct investment (FDI) projects were announced in crypto related activities in the first half of 2022, an increase of 145% from the same period in 2021. This number was higher than any pre-recorded database since 2016. It was also double the figure for the whole of 2021. Most of the companies who announced FDI projects in H1 of 2022 were those that involve crypto services, such as crypto exchanges, who set up new physical presence in foreign countries. This is true...

Gamification enters the crypto exchange world with DIFX

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  DIFX, a cross asset crypto exchange which recently witnessed a 20 percent increase in its number of users, has launched new features amid the bear market, most notably is the introduction of Avatars  and personalized profiles, giving the exchange a more gamified look and feel.  DIFX announced the launch of its future trading, allowing users to maximize profits by utilizing both traditional and digital markets, including stocks, indices, metals, commodities and of course cryptocurrencies. While users can now create accounts through emails and phone numbers, they can also create their own avatar giving the crypto exchange a more gamified feel to it. New crypto-enthusiasts will also benefit from features such as viewing their digital assets in their preferred currencies, creating trading views with only their favorite assets and custom alerts to keep track of their investments. Other advanced features include the addition of crypto pricing and algorithmic trading, mar...