Art Dubai event witnessed strong NFT Art sales
Art Dubai event witnessed strong NFT Art sales. The NFT and digital offerings at Art Dubai Digital reported sales, in both dollars and ethereum. Institut.co sold an NFT by Tyler Hobbs for 88 ethereum ($220,000), as well as a strong number of editions and NFTs by Lawrence Lek (each priced at $1,111) in the first […]
UAE BitOasis welcomes Binance and new Dubai Virtual asset law
Founder and CEO of UAE based Bitoasis, Ola Doudin welcomes Binance, competition, the Dubai Virtual asset law as well as US President Biden’s executive order during a recent interview with Bloomberg Wealth. When asked about Binance entrance into the UAE she stated, “We all know that Binance is searching for a home, it has been […]
One Boost crypto mining entity opens in UAE
One Boost, Digital asset Management company that provides solutions to increase the profitability of crypto assets and mining has opened their office in the UAE in 2021 with intention to develop crypto mining business and crypto asset products. As per their website they are a team of engineers and developers whose goal is to provide […]
Russians turn to UAE to liquidate crypto
Russians are turning to Crypto firms in the UAE to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, company executives and financial sources said. In a recent article written by Reuters, it states that some clients are using cryptocurrency to invest in real estate in the UAE, […]
UAE SheeshaFinance invests in Zignaly launchpad
UAE rooted Sheesha Finance has partnered and invested in Zignaly and its new launchpad project ZigPad. Zignaly is an innovative, multi-functional crypto investing and trading platform. It provides some of the most lucrative and hands-free solutions for traders wanting to invest in the crypto market. Zignaly offers multi-factored auto trading, copy trading, profit sharing, and trading bots make Zignaly […]
UAE works on Building new young coders
UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, Omar Sultan Al Olama, announced that UAE government is focusing on building a new generation of young coders, enhancing their capabilities and skills in the fields of coding and modern technology, and empowering them with top-notch tools and expertise. This aligns with […]
Zain telecom jumps into the metaverse with HTC
Zain has become the latest global corporation to jump on the metaverse train. The company has signed an agreement with HTC to bring HTC Vive VR glasses to the MENA. The move is part of Zain’s grand campaign of onboarding the region into the immersive 3D world dubbed, the metaverse. The company said it will make Vive […]
ProgressSoft MENA wins Blockchain CBDC award
ProgressSoft, which offers real time payment solutions as well as Blockchain CBDC (Central Bank Digital Currency) solutions with offices in Jordan, Qatar, UAE, Kuwait, Oman, Germany and Nepal, presented and won an award for their blockchain CBDC solution at the the Banknote and Currency Conference and inaugural Digital Currency Conference in Washington D.C. ProgressSoft was […]
MENA Blockchain Ecosystem 1000 crypto entities by Q2 2022
MENA Blockchain Ecosystem, known as Crypto Oasis, targets reaching 1000 blockchain and crypto entities by Q2 2022. As per their release, the Middle East has officially connected to the global Blockchain ecosystem in a way that expresses community and embodies excellence. UAE Crypto Oasis, a MENA Blockchain ecosystem comprised of related organizations developed a strong […]
Dubai Virtual asset Law attracts Binance
UAE Ruler of Dubai, Vice President and Prime Minister, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued the Dubai Virtual Asset Law and erected the Dubai Virtual Assets Regulatory authority. The aim is to create an advanced legal framework to protect investors and design standards for virtual asset (VA) industry governance. Dubai Virtual […]