As the first of many announcements to come from the region, OpenNode intends to test a bitcoin payment processing and payouts solution via the Central Bank of Bahrain ("CBB's") Regulatory Sandbox. Bitcoin payments had been non-existent in the island nation until now, which highlights the growing interest in Bitcoin throughout the Middle East. OpenNode intends to provide the infrastructure to help the country grow its economy and will showcase why Bitcoin is synonymous with better business.

Samsung Goldex announced that it will actively promote the establishment of "Gold & Crypto Asset Bank", a new decentralized financial institute, combining the conventional gold exchange with the DEX. More specifically, the blockchain-based ledger is introduced in the gold market to cover digital gold platform and gold NFTs, as well as gold money, the traditional valuable assets.

Digital asset trading has long suffered due to high crypto exchange transaction fees, regulatory hurdles by regulators, and stringent crypto exchange rules. Then came CoinFloww, the most advanced digital asset exchange. Based on the world-class digital asset exchange technology, CoinFloww is proud to launch at a time when crypto exchanges are fighting for rights and struggling with a fraught market.

The last few years have witnessed a tremendous rise in the GameFi space in terms of revenue and user base. We now have several popular titles, but the craze for most of these tends to subside after a while. It’s mainly because these are centered around the game and do not focus on the other aspects of the domain. And this led to the creation of ChocoDoge, an NFT GameFi project on the Dogechain.

After launching the first ever cross-chain NFT breeding and minting event in April 2022, Monkey Kingdom, recognized as the first Asian PFP NFT project to gain mainstream recognition, is introducing yet another breakthrough with a Web3 auction house named MonkeyBids. Built on the Solana blockchain, MonkeyBids is a decentralized auction house that provides low barriers of entry for auctions of virtual assets and physical luxury goods. Supported by the traceability and transparency of blockchain technology, MonkeyBids aims to reinvent the way auctions are being conducted. Monkey Kingdom is calling it the Degen Auction - place your bid if you're degen enough!

Metaverse company RFOX has introduced the RFOX Metahack 2022, a hackathon that will foster the development of creative Web 3.0 solutions to important challenges in the quest to shape the future of the Internet. Interested innovators can submit their applications to the hackathon on the RFOX Metahack 2022 website until September 30, 2022, at 11:59pm (GMT+8).

XT.COM, the world's first social-infused crypto exchange, is happy to announce new developments in its growing trading platform—the integration of the FIO Protocol and the listing of its native token FIO. Through this incorporation, FIO users can register using their FIO Crypto Handles and send/receive not just FIO tokens, but the following coins and tokens supported by XT.COM — BTC, ETH, TRX, BNB, MATIC, SOL, DOT, XWC, LTC and EOS. In addition, with the FIO Protocol present, traders can take advantage of linking an easy-to-read address rather than the usual long-string public wallet address. This makes sending and receiving cryptocurrency as easy as sending and receiving an email.

De University of Ethereum (UETH), the co-host of "Ethereum a New Era," is delighted to share that one of the last monumental Ethereum events prior to the Merge has been a roaring success. Over 1,400 attendees signed up to gather in San Francisco to gain insights from the all-star lineup at Chase Center.

Silence Laboratories, a web3 focused cybersecurity startup, headquartered in Singapore and working on libraries for MPC and Proofs-based Decentralised Security-as-Service (DSaaS), has closed a $1.7 million round in a seed funding, led by Pi Ventures. Their core technology to support developer focused decentralised and high grade security for digital assets with functionalities of key management, distributed signature and authorization is built on top of a unique fusion of multi-party computation (MPC), sensing and intelligent signal processing.