Abu Dhabi

Decentralized Autonomous Organizations will soon have a home in UAE ADGM

UAE Abu Dhabi Global Market’s registration authority is seeking to develop regulations for DLT ( Distributed Ledger Technology) decentralized autonomous...

Marathon Digital in UAE to use fossil fuel offset and or nuclear to mine Bitcoin

Sygnum Digital asset bank receives license from UAE ADGM and opens its hub in Abu Dhabi

Sygnum, a global digital asset bank, has opened its Middle East hub in the Abu Dhabi Global Market international financial...

UAE Al Nawwar Investments to purchase Sequoia Capital for $45 million from Alameda Research

Al Nawwar Investments RSC a Private Limited Company established in 2018 in Abu Dhabi, UAE, will be purchasing the remaining...

UK Nexo crypto lender to hire a150 workforce in UAE as it expands its MENA presence

In a recent article published by Arabian Gulf Business Insight, Nexo Co-Founder and MD Antoni Trenchev announced that the UK entity would...

UAE Hub71 launches $2 billion blockchain digital asset initiative to fund startups

Abu Dhabi' Hub71, the technology ecosystem in UAE has launched the Hub71+ Digital Assets. This ecosystem is dedicated to advancing...

UAE Music Festival to incorporate NFT tickets by BNB Chain and Fellaz

The Ultra-Abu Dhabi, the premier EDM music festival taking place on March 4th and 5th 2023 will be powered by NFT (Non...

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...

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...

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...