Key boost for blockchain innovation MGX, an Abu Dhabi-based AI and advanced technology investor, has invested $2 billion in Binance, the world’s largest cryptocurrency exchange and comes as both parties share a vision of advancing digital asset adoption. The cryptocurrency transaction is the
Blockchain & Cryptocurrency
Unlock the future of finance with MENews247.com’s Blockchain & Cryptocurrency coverage. Stay updated on the latest in blockchain innovations and cryptocurrency trends in the Middle East.
From Bitcoin and Ethereum updates to blockchain applications across industries, get your 24/7 dose of insights into the digital currency world and beyond. Dive deep into analyses that matter in the fast-evolving blockchain and crypto space in the region.
In 2025 and beyond A Address: A crypto asset address is a unique identifier that serves as a virtual location where a crypto asset can be sent. It can be freely shared with others to facilitate transactions. Alphanumeric: Alphanumeric data contains both numbers and letters. A Bitcoin address is an example of alphanumeric data. Altcoin: The term “altcoin”
Including freezing assets Elliptic, a global leader in blockchain analytics, played a key role in assisting the United States Secret Service with its investigation into Garantex, a Russian cryptocurrency exchange sanctioned by the US Treasury and the European Union. The firm’s cutting-edge data and intelligence have helped capture Garantex and freeze its assets. Garantex,
For verifiable AI data Asimov Protocol, a cutting-edge decentralised solution, is set to galvanise the artificial intelligence (AI) sector with its innovative blockchain-based approach to data verification. Officially emerging from its stealth phase, the protocol introduces a new era of trust, transparency, and accountability in AI systems by ensuring that the data they
In boost to global cooperation RAK Digital Assets Oasis (RAK DAO), the world’s first free zone that supports digital assets companies with common law features, has signed a strategic partnership with the India Blockchain Alliance (IBA). This collaboration aims to create a dynamic, interconnected blockchain ecosystem that fosters global cooperation and drives
With top Web3 founders attending VAP Group, a prominent Web3 and AI consulting player, is hosting the Global Blockchain Show on December 12 and 13, 2024, at the Grand Hyatt Exhibition Centre in Dubai. The event will offer industry professionals, thought leaders, and blockchain enthusiasts a unique platform to gather, collaborate, and explore the vast […]
From December 12-13, 2024 The highly anticipated Global Blockchain Show, the ultimate Web3 season finale, will occur in Dubai on December 12-13, 2024. The event promises to bring blockchain, crypto, and Web3 leaders together for an unprecedented networking opportunity. Hosted at the Grand Hyatt Exhibition Centre, Dubai, the two-day gathering is expected to attract more
Part of Bitcoin MENA 2024 The Bitball Flag Football tournament, the first-ever NFL event in which winners will be rewarded in Bitcoin, will feature some of the biggest names in American football when it is held at 7pm (GST) on December 10, 2024, at Al Nahyan Stadium in Abu Dhabi. Russell Okung, an 11-year NFL […]
By Lorien Carter, Research Analyst at Juniper Research As Donald Trump prepares to assume office for a second term in January 2025, significant attention is turning to his cryptocurrency and regulatory reform promises. His recent electoral victory has sparked a wave of optimism in the digital currency market, particularly surrounding Bitcoin, which saw an astounding […]
Trump family supports bitcoin Eric Trump will be the keynote speaker at the upcoming Bitcoin MENA Conference in Abu Dhabi, which will be held from December 9 to 10, 2024, at the ADNEC Centre. Trump’s participation marks a significant milestone for the event, underscoring the growing momentum of bitcoin adoption in the Middle East and […]
As new regulations drive market momentum The UAE is witnessing a significant surge in the use of stablecoins as the value of stablecoins transacted in the first half of 2024 reached over $9.8 billion, a 55% increase from the $6.3 billion recorded during the same period in 2023. As a result, stablecoins now dominate the […]
From December 12 to 13, 2024 The Global Blockchain Show, one of the premier events for blockchain enthusiasts and professionals, is set to return for its highly anticipated second edition on December 12 and 13, 2024. The two-day event at the Grand Hyatt Exhibition Centre in Dubai promises an exclusive opportunity for networking, learning, and collaboration […]
Ransomware emerges as a notable exception New research from Chainalysis, the blockchain analysis firm headquartered in New York City, reveals a significant drop in global crypto-related crime. Year-to-date (YTD) illicit activity has decreased by 19.6%, from $20.9 billion to $16.7 billion. Despite the decline in illicit transactions, ransomware has emerged as a notable
Phoenix Group and IOPn step up RAK Digital Assets Oasis (RAK DAO), the world’s first purpose-built free zone for digital and virtual assets companies, has signed a strategic partnership with Phoenix Group and Internet of People (IOPn) to turn Ras Al Khaimah emirate into a global hub for Web3 innovation by attracting top-tier talent and […]
Cementing Commitment To UAE’s Crypto Evolution Chainalysis, a global blockchain intelligence platform, has launched its regional headquarters in Dubai. The New York-headquartered company specialises in cryptocurrency investigation and compliance solutions for global law enforcement agencies, regulators, and private sector entities fighting illicit cryptocurrency
To Deploy UAE-Based Yielding Assets Medad Holding and Franklin Templeton (Templeton International) have inked a memorandum of understanding (MoU) to establish a new joint venture in the United Arab Emirates (UAE). The partnership represents a significant milestone in the evolution of digital asset innovation. It aims to introduce a tokenised digital asset from the UAE […]
From April 16 To 17, 2024 The stage is set for the much-anticipated inaugural editions of the Global AI Show and the Global Blockchain Show, organised by VAP Group, exclusively for the most discerning minds in artificial intelligence (AI), machine learning (ML), and blockchain technology. The co-located events occur on April 16 and 17, 2024, […]
Rubens and Rembrandt Artworks On Display The Global Blockchain Show (April 16-17, 2024) at Grand Hyatt, Dubai, will showcase the groundbreaking innovations of Global Market of Artification (GMA). As the event’s diamond sponsor, GMA unveils a dazzling array of NFT artworks, including masterpieces by renowned artists such as Rubens and Rembrandt. GMA, headquartered in
A Convergence Of Innovation And Networking Dubai-headquartered VAP Group will host the highly anticipated ‘Global Blockchain Show Dubai’ at the Grand Hyatt Dubai from April 16 to 17, 2024. With a Web3 community spanning over 120 countries, the event is poised to be a cornerstone in the crypto and blockchain scene. With thousands of participants, […]
UAE Is Fintech Startup’s Second Global Market Dubai-headquartered fintech startup Fasset has launched its digital asset exchange app and made it accessible to UAE-based users. The launch follows Fasset’s attainment of a Virtual Asset Service Provider (VASP) licence from Dubai’s Virtual Asset Regulatory Authority (VARA) in November 2023, positioning the startup as one