The Central Bank of UAE makes first official CBDC transaction to China
According to WAM news agency, as part of UAE’s Central Bank 50th anniversary, His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime...
Details
UAE blockchain hydroponic farm expands into KSA after raising $2.25 million
Crysp Farms, a UAE based innovator and operator of decentralized blockchain enabled vertical farms, has secured a $2.25 million ‘Pre-Series A’ round structured and led...
Details
Founder of Ethereum, Vitalik Buterin in UAE
In a very interesting tweet on the X platform, RAK DAO ( Ras Al Khaimah’s Digital Asset Oasis) free zone welcomed the founder and creator...
Details
Zayed University research points to Hashgraph DLT replacing blockchain
UAE Zayed University researchers have published a new research report under the title, “Investigating the Failure of the Blockchain Technology and Suggested Recommendations”, recommending the...
Details
Retail customers in UAE will now have blockchain based receipts
UAE based Klipit a blockchain digital transaction solutions provider has launched a blockchain paperless receipt application to be utilized by the retail and service sector....
Details
Cypher Capital leads $2.4 million investment in Blockchain analytics firm
UAE based Cypher Capital, crypto investment firm has co-led a $2.4 million investment round in German blockchain data analytics firm BitsCrunch. BitsCrunch specializes in multi-chain...
Details
Cardano Blockchain accelerator invests in Saudi startup Takadao
Saudi based Blockchain Fintech startup Takadao has received strategic investment from Cardano accelerator Adaverse. Adaverse focuses on scaling Web3 solutions. This comes at the heels...
Details
SC Ventures to invest in digital assets, SMEs, the online economy from its office in Abu Dhabi
Standard Chartered’s venture capital firm, SC Ventures, opens office in ADGM (Abu Dhabi Global Market) Abu Dhabi UAE, after setting up a digital asset joint...
Details
Mashreq Bank to utilize Fils Blockchain enabled platform for sustainability
UAE based Fils, a Blockchain enabled digital platform for launching sustainable focused products has signed an MOU with Mashreq Bank, a financial institution in MENA....
Details
Blockchain consulting firm enters MENA with ivolve technologies in UAE
Nisum is a global digital consulting firm based in Silicon Valley which leverages over 20 years of industry expertise in digital strategy and engineering, data-driven...
Details
