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
Blockchain & Cryptocurrency
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UAE crypto investors gained $200 million The global crypto markets experienced a robust resurgence in 2023, witnessing a substantial recovery from the tumult of the previous year. According to Chainalysis, a leading blockchain data company, the global crypto investor community amassed total gains of $37.6 billion during the year, marking a significant rebound from the […]
Participants in the initiative can earn up to 20,000 USDT Bybit, a Dubai-headquartered cryptocurrency exchange, has launched its free-to-attend 14-day Master Trader Bootcamp as the cryptocurrency industry’s first funded programme for crypto trading. The new initiative by Bybit, the world’s third most-visited crypto exchange, empowers traders to propel their trading careers
Ben Zhou, co-founder and CEO of Bybit, the world’s third most visited crypto exchange, has taken to the stage at Token2049 to offer a world-class gateway to the crypto market for institutions and retail investors. Speaking on the main stage at Token2049, the world’s premier crypto event in Singapore, Zhou talked about his vision for […]
CryptographicEstimators assesses Post-Quantum Cryptography schemes’ security The Technology Innovation Institute (TII), a leading global scientific research centre and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), has announced that its Cryptography Research Center (CRC) has launched CryptographicEstimators, the world’s first
10 August, 2023 – Zug, Switzerland – Shariah-compliant, ethics-first Islamic Coin and the Haqq Blockchain have signed four significant MOUs, integrating with leading private and government-affiliated services in the UAE, connecting with immigration, medical, wellness and travel industries. MBM Specialty Medical Center, 24 Seven Government Transactions Center,
The “2023 Exploring WEB3.0 Summit – Vietnam Station,” hosted by SureX at the CHAMPA ISLAND NHA TRANG–RESORT HOTEL & SPA in Vietnam, has drawn to a triumphant and resplendent conclusion. The summit, focused on cutting-edge technological concepts such as Web3.0 and DAO, assembled nearly 1000 global influencers including crypto teams, expert scholars,
The world of crypto is rife with risky investments. Many new coins and services ask for financial contributions with little guarantee of return, and stories of crypto investors losing large sums make headlines frequently. There is a problem of ethics and reliability in the crypto world that has proven difficult to resolve. The Haqq network, […]
Golden Brokers identified gold, copper and lithium among the most attractive metal commodities in 2023. January marked gold a champion of a month for the bullion, as the dwindling US dollar significantly contributed to gold’s 6.1% rise in the month. In March, gold prices have surged after the infamous collapse of startup-lender Silicon Valley Bank […]
What Kind of Opportunities in a World in Crisis? 2022 was turbulent to say the least, causing many unexpected turns of events in global financial markets, and leaving traders and investors perplexed. Will Cryptoasset value rise again? Is Gold still a safe haven? How about currencies; will the USD retain its hegemony despite an inevitable […]
The Mohammed bin Salman Foundation and innovation experts Plug and Play have collaborated for the Misk Accelerator Program, from which 19 entrepreneurs are moving forward with their initiatives. These recent alums are part of Cohort 3 of the program, which gives young startups in the MENA area access to a yearlong instruction curriculum. The program […]
Saudi Arabia is Set to Allocate $266 Million to Supply Chain Investors: The Kingdom of Saudi Arabia has made another significant move to up its economic game by introducing the Supply Chain Initiative. This move aims to place the country on a new level of financial and commercial development, reinforcing its place as one of […]
A physical Bitcoin (BTC) ETP is set for debut in Dubai. This unprecedented move aims to attract investors and further boost the Middle East’s keenness and receptiveness of cryptocurrency and other related products. What are the Details of the Listing? Cryptocurrencies are traditionally known for their digitalized and intangible nature, hence their widespread appeal.
Remittance is the sending of money by a migrant to his home country via electronic transfer, cheques, or drafts. In 2019, about 800 million people in the world received remittances. However, even though many people are recipients of international remittances, the industry is still fraught with issues that do not make international remittances as beneficial as […]
Qatar Establishes Public Consultations for National Blockchain Blueprint : Qatar Establishes Public Consultations for National Blockchain Blueprint Like other countries across the globe, Qatar is making moves to strengthen its blockchain adoption. Last week, the Qatar Communications Regulatory Authority (CRA) launched a consultation to get public opinions and contributions
Commercial Bank International Launches the First Ever Metaverse Bank in the UAE : Commercial Bank International Launches the First Ever Metaverse Bank in the UAE Top-tier corporate and retail bank Commercial Bank International (CBI) recently announced its prospects to become the first ever Metaverse Bank in the UAE. CBI’s launch comes after the UAE pledges […]
Dubai Recruitment Firm Introduces Program to Hire Employees in the Metaverse : The top recruitment agency, Marc Ellis, is well on becoming the first recruitment firm to introduce a recruitment and training program that directly hires employees into the Metaverse. The decision by the firm is according to the recommended Metaverse Strategy pioneered by Hamdan […]
Dubai Unveils Metaverse Strategy: Plans to Become a Global Hub for NFTs Dubai has released a metaverse policy document that contains strategies to establish the Emirate as a globally recognised hub of the metaverse and other emerging technologies. The release was announced in a tweet by Sheikh Hamdan bin Mohammed, the Crown Prince of Dubai. Among other
Bahamas-based FTX Acquires a Crypto License to Expand its Operations to Dubai : FTX, a Bahamas cryptocurrency company, has acquired a full crypto license in Dubai. This license issuance is coming after Dubai launched extensive plans to improve its blockchain industry and become a preferred destination for cryptocurrency companies. The Backstory As far back as […]
How Blockchain Can Transform Saudi Arabia’s Economy : How Blockchain Can Transform Saudi Arabia’s Economy Blockchain technology is certainly one of the many remarkable innovations of the past few decades. Since its advent, blockchain has greatly impacted several sectors, from finance to art. There is, however, so much more that one can do with technology. […]