Kraken closes its UAE office, Chainalysis hires for MENA
As per Bloomberg Kraken, crypto exchange based out of Abu Dhabi UAE has closed its office while Chainalysis lays off 4.8 percent of its global workforce, but...
Details
UAE Abu Dhabi University introduces Blockchain courses with 5ire blockchain
UAE Abu Dhabi University (ADU) signed a Memorandum of Understanding (MoU) with 5ire, a fifth generation blockchain ecosystem, to strengthen blockchain education, research and entrepreneurship....
Details
Alea Global Investment Group to have a session on Blockchain in trade Finance at KSA event
Alea Global Group will be holding their edition of Alea Sessions in Riyadh KSA. The one day gathering under the theme ‘The New Opportunities in Investment in...
Details
The Crypto ecosystem grows in Bahrain after entrance of Binance
In January 2023 Binance celebrated its official entrance into Bahrain. Bahrain’s crypto ecosystem has flourished with the entrance of Binance. Bahrain has witnessed a growth...
Details
UAE Venom invests $5 million in Everscale to scale the blockchain
UAE based Venom Ventures Fund, a Web3 and blockchain innovation fund managed by Abu Dhabi-based investment fund manager Iceberg Capital Limited, has invested $5 million...
Details
Bahrain EazyPay and Binance follow CoinMENA’s lead offering crypto payments in real estate
Bahrain real estate developer Bin Faqeeh Real estate Investment Company announced that clients can buy apartments or houses using cryptocurrencies. Bin Faqeeh will be offering crypto payment...
Details
US Marathon Digital Holdings to jointly build $406 million crypto mining facility in UAE
In an SEC Filing dated January 27th 2022, USA based Marathon digital Holdings, a digital asset mining entity, announced that it had entered into a shareholder’s agreement with...
Details
US based Tykhe Block Ventures to allocate $10 million USD to Blockchain start-ups in MENA
US based Tykhe Block Ventures which recently raises $30 million for its Blockchain growth fund is allocating $10 million of that to Blockchain and Web3...
Details
50 percent of MENA VCs surveyed to increase investments in blockchain and crypto projects in 2023
In a recent survey entitled “MENA Investor Survey 2022-2023 for crypto Blockchain sector” carried out by laraontheblock with 83 MENA venture capitalists, fund managers, and family offices,...
Details
Bahrain telecom operator and Ericsson deploy Blockchain project management platform
Ericsson and Bahrain telecom operator, Batelco, part of the Beyon Group, have deployed Blockchain enabled Ericsson Customer Acceptance platform. As per the press release, the customer...
Details
