ACET Blockchain DeFi platform and H.H. Sheikh Al Qassimi of UAE for digital payments offering
ACET ($ACT), a blockchain-powered decentralized finance (DeFi) platform, has signed an Memorandum of Understanding (MoU) with the Royal Office of His Highness Sheikh Ahmed Bin...
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UAE based Brevan Howard Digital deploys $20 million of assets on Kinto DeFi L2 platform
The UAE branch of Brevan Howard Digital has deployed $20M in assets on Kinto, a Blockchain DeFi financial portal which rewards active participants such as...
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UAE Further Ventures invests $5 million in GRVT decentralized crypto exchange
UAE based Further Ventures, capital markets investment firm, has invested $5 million in GRVT, a regulated Decentralized exchange. The investment will be utilized to drive...
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BNB Chain and KernelDAO commit to DeFi and restaking tech
BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain by daily transactions, launched its BNB Executive TVL Incentive Program #5,...
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UAE Sigma Capital venture firm launches $100 million Web3 fund
UAE based Sigma Capital, a Web3 early-stage venture firm, has launched a $100 million fund dedicated to accelerating the next wave of Web3 innovation in...
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Web3 Blockchain market to reach $104 billion by 2032
The SNS Insider report has indicated that the Web 3.0 blockchain market size which was valued at USD 3.59 billion in 2023 is expected to...
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ChainLink Labs sets up office in ADGM to serve DeFi in MENA
Chainlink Labs, one of the primary contributing developers of Chainlink, the standard for DeFi and onchain finance, has expanded its presence in the Middle East...
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Saudi Arabian entrepeneur patents DeFi protocol, Quintes
A Saudi woman entrepreneur Ran Al Kharashi, has patented the Quintes Protocol a decentralized finance (DeFi) protocol with its innovative no-depreciation cryptocurrency model. The Quintes...
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Saudi Arabia Web3 sector grows amidst challenges
Cardano Blockchain accelerator, Adaverse published its first Web3 ecosystem report for the Kingdom of Saudi Arabia showcasing growth, opportunities, as well as challenges. Since its...
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UAE based NEOPIN launches new real world assets platform
NEOPIN Permissioned DeFi platform based in Abu Dhabi UAE, which launched the first DeFi product for the Klaytn-Finischia ecosystem, has announced a new RWA (...
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