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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MRHB to launch localized Blockchain enabled NFT platform in Saudi
In collaboration with Saudi Arabian Blockchain tech provider Limar, MRHB Network, Fintech DeFi firm will be localizing MRHB’s Souq NFT platform for KSA and GCC...
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UAE virtual asset regulator to regulate tokenization, TradeFi and DeFi in 2024
Dubai’s virtual asset regulator (VARA) has not only entered the social media scene but has announced its plans for 2024 which will include enhancements to...
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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...
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