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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UAE based Crypto Oasis Ventures invests in bootstrapping layer for DeFi
UAE based Crypto Oasis Ventures is one of the investors in Kaskade Finance, cross-chain liquidity bootstrapping layer for DeFi protocols and networks. The oversubscribed seed...
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Sastanaqqam a blockchain Web3 company moves headquarters to UAE
Blockchain and Web3 Company, Sastanaqqam, has relocated its headquarters to Dubai UAE. It will be present at the One Central district in Dubai at the...
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UAE Cypher Capital invests in Bitcoin DeFi Platform, Velar
UAE based Cypher Capital, a venture capital firm that invests in Web3, Blockchain, and crypto startups has invested in Bitcoin DeFi platform Velar. Velar closed...
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