UAE Mogul and Bybit Homero artist NFT artwork sells in under 10 seconds
UAE Mogul Productions, a platform transforming how movies and other forms of art and entertainment get funded through decentralization, partnered with Bybit cryptocurrency exchange platforms, to debut Colombian Artist Homero “HG” Ganem’s Manga-inspired NFT artwork at Art Dubai, where the first piece was sold in under 10 seconds. Mogul Productions is a decentralized platform that […]
UAE Photographer launches Mowjood NFT Project
UAE Photographer Waleed Shah has launched an NFT project called Mowjood built on Solana Blockchain. Mowjood in arabic means (exist). The Mowjood NFT ( Non Fungible Token) is an extension of a previous project that was launched during Covid pandemic that aimed to allow Arab artists to tell their stories through pieces of art that […]
GrePay and Alchemy bring crypto payments to UAE market
Fiat-crypto payment solutions provider, Alchemy Pay, and GrePay, global acquirer and payments are bringing crypto payment services to UAE market. Grepay has over 100 local payment channels that process over 200k transactions per day. Alchemy Pay will leverage GreyPay channels to connect crypto service providers to their global key markets including UAE (United Arab Emirates). […]
Crypto Oasis UAE partnered with IOT Blockchain Bownce
During Crypto Oasis UAE Genesis Night which brought together pertinent players within the Crypto Oasis ecosystem, Crypto Oasis partnered with IOT Blockchain entity Bownce among other partnership announcements. In addition both local and international initiatives were announced. The first edition of Genesis Night took place at Cove, Caesars Palace on the 10th of March 2022 […]
UAE Creative Studio BoredPuma launches NFT Fashion collection
UAE Creative Studio Boredpuma which operates in the Blockchain crypto, NFT, and metaverse space launches NFT Celestial Collection, with Splash Fashions. Splash Fashion label fuses both technology and fashion driven art. The Celestial Collection as per the press release is the first ever NFT collection and collaboration of its kind in MENA. The groundbreaking virtual collection […]
Global Crypto holders can now participate in UAE Emirates Draw
UAE Emirates Draw, raffle draw entity, and Blockchain data storage YottaChain partner to allow global crypto holders to participate in Emirates Draw. In the first phase global crypto holders can participate using payments through USDT stablecoin via a decentralized application. YottaChain International Holding will open access for additional tokens in the future, easing access for […]
Dubai Police to monitor crypto and fight crime with blockchain tech
The UAE’s Dubai Police cybercrime unit will monitor both cryptocurrencies and digital currencies as well as utilize Blockchain and Artificial Intelligence to prevent crimes. Brigadier Dr Saleh Al Hamrani, Deputy Director-General of Excellence and Entrepreneurship at Dubai Police stated, “Technology is changing the world and police is part of this change. We are continuously looking […]
UAE ADGM proposes amendments to virtual assets regulation
UAE ADGM (Abu Dhabi Global Market) regulator, The Financial Services Regulatory Authority (FSRA) has published a consultation paper proposing significant amendments to virtual assets regulations, allowing multilateral trading facilities ( crypto exchanges) to conduct NFT ( Non Fungible token) activities. This would mean crypto exchanges who hold MTF licenses in ADGM could conduct NFT activities. […]
Nexo Digital asset Exchange seeking a license in UAE
Nexo Digital Asset Exchange Co-Founder and Managing partner, Antoni Trenchev told Bloomberg’s Crypto in the Middle East Show, that Nexo digital asset exchange is seeking a license in the UAE similar to what Binance received recently. Trenchev stated, “We are working on something similar to Binance, as for where we will get the license in […]
Roland Berger behind the biggest Crypto Economy projects in the UAE
Roland Berger, a global strategic management consultancy firm with a strong presence in MENA is behind two of the biggest crypto economy projects taking place in the UAE. The first crypto economy project that Roland Berger has strategized on is the biggest crypto mining facility being built in the UAE, and the second one is […]