Web3

NEWS DESK

MovitOn Raises $2M in Community Pre-Sale to Overhaul Global Logistics with Web3 Tech

News Desk 26/03/2026

MovitOn, the pioneering Web3 decentralized logistics platform, announces the successful completion of its $2 million community pre-sale round. The milestone represents a significant advancement in the firm’s mission to revolutionize global logistics through blockchain technology, artificial

NEWS DESK

Bybit and DMCC Revealed Winners of Third Web3 Unleashed Hackathon with USD 140,000 Awarded

News Desk 28/11/2025

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the conclusion of the Web3 Unleashed #3 Hackathon, hosted in partnership with DMCC. The event recognized five projects with a combined prize pool of USD 140,000 following a global competition that brought together 90 teams across six innovation tracks. Hosted at S/O Uptown Dubai,

NEWS DESK

Bybit and Ghaf Labs Announce Strategic Partnership to Accelerate Web3 Adoption in the Middle East

PR News Desk 12/05/2025

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and Ghaf Labs, a MENA-based Web3 boutique advisory and consultancy firm, have signed a Memorandum of Understanding (MOU) to enter a multi-year strategic partnership. The alliance aims to drive crypto adoption, ecosystem development, and real-world utility across the Middle East and North Africa

NEWS DESK

Bitget Announces Strategic Partnership with SWEAT to Boost Movement Economy in Web3

PR News Desk 09/05/2025

Bitget, the leading cryptocurrency exchange and Web3 company, has announced its strategic partnership with SWEAT, the pioneering movement economy ecosystem, lowering entry barriers for Web2 audiences while seamlessly connecting them to Web3. The alliance was unveiled at Dubai Esports Festival 2025 (DEF), where attendees experienced the future first-hand through interactive

NEWS DESK

Middle East Blockchain Awards 2025 Honours Regional Trailblazers in Web3 at Iconic Dubai Ceremony

PR News Desk 30/04/2025

The second edition of the Middle East Blockchain Awards (MEBA) took place on 29 April at the iconic Jumeirah Burj Al Arab in Dubai, celebrating the region’s leading innovators in the Web 3.0 space. Held on the sidelines of TOKEN2049 Dubai — the global flagship event for the Web3 and blockchain industry — the awards […]

NEWS DESK

Rise of Fearless launches USD 700,000 investment round to advance Web3 mobile gaming in Africa

PR News Desk 22/04/2025

Rise of Fearless, a UAE-based mobile gaming platform that merges African storytelling with immersive battle royale gameplay, today announced its official launch. The game marks a major step in Africa’s rapidly expanding gaming market with over 680 million mobile users and a projected industry value of USD 3.72 billion by 2029. Rise of Fearless is […]

NEWS DESK

Viu collaborates with Azuki to expand Web3-focused initiatives

PR News Desk 03/04/2025

Viu, PCCW’s leading pan-regional OTT video streaming service, today announced its collaboration with Azuki, a global innovator in anime-driven decentralised IP and fan engagement,expanding its Web3-focused initiatives. Streaming on Viu: Azuki’s three-part series, Enter the Garden The initiative kicks off this April with Viu streaming Enter the Garden on its platform.

NEWS DESK

Fastex Shapes Future of Web3 in MENA and Beyond Via ‘Harmony Meetup VI’

PR News Desk 19/12/2024

On 13 December, Fastex, a leading Web3 ecosystem reshaping the landscape of blockchain and digital finance, hosted Harmony Meetup VI, a premier gathering of Web3 leaders, innovators, and industry experts, at the InterContinental Ras Al Khaimah. The event focused on the transformative potential of blockchain technology and its integration into the MENA region’s rapidly

Blockchain & Cryptocurrency Web 3.0

Global Blockchain Show begins in Dubai today

News Desk 12/12/2024

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 […]

Sport Web 3.0

Crypto Fight Night to entertain on December 6

News Desk 04/12/2024

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

PR News Desk 17/11/2024

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

PR News Desk 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

News Editor 2 28/08/2024

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 12/07/2024

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 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

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

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

PR News Desk 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

PR News Desk 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

PR News Desk 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