Kuwait National Investment company to host Blockchain symposium
Kuwait National Investment Company (NIC) held a virtual Blockchain symposium jointly with Pantera Capital. Pantera Capital is a leading company managing institutional assets in the US and specialized in blockchain. NIC aims at shedding light on Pantera Capital experts’ expectations regarding key topics related to the blockchain industry and the latest developments in the field […]
UAE Hubpay digital wallet raises 20 million USD
UAE fintech Hubpay , which has launched the first cross border wallet has raised $20 million in Series A round. Hubpay’s cross border digital wallet offers zero-cost remittances. Signal Peak Ventures led the round, its first investment in the Arabian Gulf, joined by Olive Tree Capital and BECO Capital, and supported by early-stage backers Stormbreaker, […]
KPMG Fintech report crypto NFT interest growing in EMEA
The recent KPMG Pulse of Fintech for the second quarter of 2021 found that in the EMEA region found that The fintech ecosystem in the Middle East has continued to evolve, with a $75 million raise by Bahrain based crypto exchange Rain and a $50 million raise by UAE-based Tabby in H2’21. The report also […]
IDnow digital identity verifier for crypto industry opens office in UAE
IDnow, one of the leading global digital identity verification providers, which offers seamless and secure onboarding for crypto users anytime anywhere through a secure KYC process, has opened its new offices in Dubai UAE in DIFC innovation Hub. On their website IDnow states that as the crypto industry grows, evolves and matures, regulators around the […]
UAE Dewan Architects creates Metaverse with NFT museum
UAE Dewan Architects + Engineers, an architecture firm based in Dubai, created its own metaverse that has a virtual NFT Museum. The firm is one of the leading companies behind the architectural boom in the Middle East for the past 35 years. Background Story “Babel 4.0” is inspired by the Babylonian narrative “Tower of Babel”. […]
UAE Bitoasis Crypto Exchange offers four new crypto assets
UAE based BitOasis crypto exchange offers four new crypto assets for trading. The list includes some of the largest crypto assets by market capitalization – Cardano (ADA), Solana (SOL), Polkadot (DOT), and Cosmos (ATOM). BitOasis users can buy, hold and sell these tokens on the platform against AED, SAR and Tether (USDT) pairs. With this […]
UAE ADGM Academy announces Fintech Scholarships for women
UAE Abu Dhabi Global Market Academy (ADGMA) in collaboration with the Centre for Finance, Technology and Entrepreneurship (CFTE) London, has announced fintech scholarships for women. The 100 scholarships are in support of SDG goal number 5 of Gender Equality. FinTech or financial technology is nothing short of an economic revolution and is one of the […]
Binance to launch Blockchain Week in UA
Binance Blockchain and crypto exchange company announced that it will be launching the Blockchain Week in the UAE in Dubai from March 28 to 30, 2022. The event will include three days of talks and panel discussions from the world’s foremost blockchain experts. Topics under discussion will include NFTs, the metaverse, and beyond. The three-day […]
Central Bank of Bahrain and ABC Bank complete cross Border pilot using JP Morgan blockchain
The Central Bank of Bahrain (CBB) is one step closer to issuing its own CBDC. Bahrain ABC Bank (Bahrain Arab Banking Corporation) in partnership with The Central Bank of Bahrain have piloted their first ever cross border transfer using blockchain technology (JP Morgan Coin) . This comes after completing the central bank digital currency (CBDC) […]
UAE Crypto Oasis Sentio invests in UAE Evai.io crypto rating platform
UAE Crypto Oasis Sentio, part of the UAE Crypto Oasis Blockchain ecosystem has announced that UAE Evai.io became part of their investment profile. Crypto Oasis Sentio stated in the LinkedIn post that new partnerships and investments out of our early-stage token investment vehicle will be coming soon. UAE Evai.io is a decentralized autonomous organization (DAO) […]