Web3

Blockchain & Cryptocurrency Web 3.0

Global Blockchain Show begins in Dubai today

News Desk 2 12/12/2024 0

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

Sport Web 3.0

Crypto Fight Night to entertain on December 6

News Desk 2 04/12/2024 0

With 2 major web3 influencers A highly anticipated crypto and combat sports event is set for December 6, 2024, in Dubai. Crypto Fight Night (CFN) will bring together two major web3 influencers for a thrilling showdown: Ansem, known as “The Solana Guy,” and BitBoy, whose real name is Ben Armstrong. The match has sparked significant […]

NEWS DESK

Bybit and DMCC Hackathon Pitch Day: Watch the Future of Web3 Unfold in Dubai

News Desk 1 17/11/2024 0

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding MENA’s flagship Web3 hackathon of the year with DMCC (Dubai Multi Commodities Centre) Crypto Centre on Nov.20, in Dubai. Following the immense success of its inaugural event, this year’s Pitch Day and After Party of Web3 Unleashed are not to be missed. The […]

NEWS DESK

Dubai AI & Web3 Festival Attracts 6,800 Visitors from over 100 Countries

News Desk 1 12/09/2024

Under the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, Chairman of The Executive Council of Dubai, and Chairman of the Higher Committee for Future Technology and Digital Economy, the Dubai AI & Web3 Festival organised by […]

Web 3.0

Okto gets RAK Digital Assets Oasis operational licence

Dan Ngiam 28/08/2024 0

First Web3 wallet to do so Okto, the innovative self-custodial wallet developed by CoinDCX, has secured an operational licence from RAK Digital Assets Oasis (RAK DAO). This makes Okto the first Web3 wallet in the industry to obtain a pioneering licence from the world’s only free zone featuring common law attributes. The licence affirms Okto’s […]

Blockchain & Cryptocurrency Finance

Ras Al Khaimah’s Web3 initiative gets $100-million investment pledge

News Desk 2 12/07/2024 0

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 […]

NEWS DESK

Bybit Reaches 30 Million Registered Users, Marking Explosive Growth and Industry Leadership into Web3

News Desk 2 22/05/2024

Bybit, one of the world’s top three crypto exchanges by trading volume, today celebrates a monumental milestone: surpassing 30 million registered users globally. This remarkable achievement comes alongside a period of exceptional growth, solidifying Bybit as a frontrunner in the blockchain industry. Market Share Soars, User Trust Flourishes Bybit’s market

Business Web 3.0

Mantra Launches Incubator At Dubai World Trade Centre

Arnold Pinto 03/05/2024 0

In Collaboration With Virtuzone Mantra, a leading player in the Real World Asset (RWA) tokenisation sector, has unveiled its latest initiative, the inauguration of an incubation programme at the Dubai World Trade Centre (DWTC). This announcement follows an $11 million funding round spearheaded by Shorooq Partners, underscoring Mantra’s commitment to fostering

Blockchain & Cryptocurrency Web 3.0

Medad Holding And Franklin Templeton In Strategic Partnership

Middle East News 247 25/04/2024 0

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 […]

NEWS DESK

Bybit and World Leaders Forge Major Alliance to Direct Web3 for Social Good

News Desk 1 16/04/2024

Bybit, one of the world’s top three crypto exchanges by volume, has forged a strategic partnership with global Web3 communities to unveil the establishment of the Blockchain for Good Alliance (BGA). This new coalition unites blockchain foundations, universities, and NGOs in a commitment to leveraging blockchain technology for social good. Addressing a gap in the […]

NEWS DESK

Ayshei unveils its highly anticipated Web3-enabled marketplace, Ayshei.com

News Desk 1 30/01/2024

Ayshei.com, the first-of-its-kind Web3-enabled online marketplace, has officially launched, marking a paradigm shift in the UAE digital commerce landscape. The marketplace introduces a novel approach to customer-2-customer (C2C) online commerce, providing users with a dynamic space to buy, sell, and bid on products and services. Ayshei.com also introduces an open auction

NEWS DESK

Bybit and DMCC Crypto Centre Announce Top Ten Finalists

News Desk 1 13/11/2023

Bybit, in collaboration with the Dubai Multi Commodities Centre (DMCC) Crypto Centre, has revealed the top ten finalists for the hackathon: “Web3 Unleashed: Crypto Innovation Challenge. This showcases innovative Web3 startups and aspiring businesses in the UAE, showcasing their contributions to the digital asset market. From the 100 teams who applied, ten have been

NEWS DESK

Discover the Future of Blockchain and Web3 at the Web3 Summit: Blockchain & Beyond in Riyadh, Saudi Arabia

News Desk 1 17/10/2023

Are you ready to unlock the power of Web3 and dive into the world of blockchain technology? Look no further than the highly anticipated Web3 Summit: Blockchain & Beyond, the first of its kind in Saudi Arabia and the MENA region. Organized by BRI Middle East, this exciting event is set to take place on […]

NEWS DESK

Web3 Remains Highly Relevant for Private Equity in the Middle East

News Desk 2 24/07/2023

By Brahim Laaidi, Partner, Bain & Company, and Thomas Olsen, Global Co-lead of Web3 and Metaverse Practice, Bain & Company Watching almost $3 trillion in web3-related asset value shrink by more than 70% is unnerving, to say the least. But the rise and fall of crypto isn’t really the issue. What counts are the core underlying […]

NEWS DESK

New Global Study, Including UAE, Reveals that 52% of Gen Z (16-25-year-olds)

News Desk 2 22/06/2023

The first global study to measure Gen Z’s attitudes towards web3 found that 52% wanted their schools to teach them more about the virtual and digital environments in which many find themselves when not in class. The study, conducted by New York-based Boss Beauties and released today, is the most up-to-date comprehensive look at how […]

NEWS DESK

Web3 launchpad Enjinstarter MENA granted Initial Approval by the Dubai’s Virtual Assets Regulatory Authority

News Desk 2 09/05/2023

MAY 9TH, 2023, DUBAI—Web3 launchpad and advisory company Enjinstarter MENA announced today that it has been granted initial approval by Dubai’s Virtual Assets Regulatory Authority (VARA), while it undertakes the in-depth process of applying for a licence, in accordance with VARA requirements. With the Middle East and North Africa considered to be a booming Web3 […]

Business

Crypto 1 Announces Its $500M C1 Secondaries Fund in Blockchain, Crypto and Web3 Companies

Middle East News 247 30/03/2023

DUBAI, United Arab Emirates — Crypto 1 announces the founding of the C1 Secondaries Fund (the “Fund”), a newly incorporated investment fund targeting $500M investing in secondaries in Blockchain, Crypto, Web3 and FinTech companies. The C1 Secondaries Fund is a regulated private investment fund formed for the purpose of investing in secondaries asset acquisition –

NEWS DESK

ENJINSTARTER APPOINTS VASSEH AHMED

News Desk 2 09/02/2023

FEBRUARY 2023, DUBAI—Enjinstarter, a leading Web3 launchpad and advisory company, is pleased to announce the appointment of Vasseh Ahmed as the new managing director of the MENA region. In this role, Vasseh will be responsible for helping companies reach their Web3 ambitions and positioning Enjinstarter as the go-to provider for Web3 adoption in the region. […]