Circle and Fuze Forge Partnership for Digital Asset Expansion in MENA
In a move towards fostering digital asset adoption in the Middle East and Africa (MENA), Circle Internet Financial (Circle), a leading global financial technology firm, has inked a strategic partnership with Fuze, the UAE’s regulated digital assets infrastructure provider. The collaboration aims to amplify the utilization of USDC, Circle’s US-dollar backed stablecoin, across the region. […]
OneDegree and Dubai Insurance Co. Forge Path for Digital Asset Insurance in UAE
OneDegree, renowned as a leading Asian licensed insurer for digital assets, has joined forces with Dubai Insurance Co., marking a significant leap in offering comprehensive digital asset insurance within the United Arab Emirates (UAE). This strategic collaboration aims to bolster support for web3 entities across key hubs in the region, notably the UAE, following OneDegree’s […]
Venom Foundation’s Enigmatic Dissolution: Unanswered Questions
Venom Foundation, a blockchain company that launched with much fanfare in 2022, has recently announced its decision to dissolve. The official statement, released on platform X on December 16, 2023, attributed this move to a change in the company’s strategic direction. However, the announcement has generated widespread speculation, leaving numerous questions unanswered and prompting concerns […]
Meta Apologizes to Qatari Billionaire Al Mana for Crypto Scam Ads
A well-known Qatari businessman, Wissam Al Mana, has received a public apology from tech giant Meta as part of a settlement concerning crypto scam ads that utilized his likeness. In a Dublin court session on Friday, Meta’s legal team acknowledged the existence of “false, misleading, and defamatory” ads, published on Facebook in 2019 by malicious […]
Mastercard Teams Up with Further Ventures for Advanced Payments and Asset Management Infrastructure Acceleration
Abu Dhabi-based venture building and investment firm, Further Ventures (Further) and Mastercard, have solidified their collaboration to advance the development of local fintech capabilities across the UAE and the broader Middle East and North Africa region. The formal partnership was announced during the Further Network Summit, a key event within Abu Dhabi Finance Week. Mastercard, […]
CoinW Redefines Crypto Presence in MENA
In the aim of global expansion, CoinW, a well-known cryptocurrency exchange, concluded a highly impactful series of events in the MENA region. Spanning two crucial industry gatherings – the DATE Fintech Show in Saudi Arabia and the Global Blockchain Congress in Dubai, UAE – CoinW’s presence transcended mere sponsorship, marking a strategic leap into the […]
Blockchain Partnership Pioneers Environmental Innovation, Sui and Fils Join Forces for Sustainability
In a move toward enhancing environmental responsibility, Layer 1 blockchain platform Sui has unveiled a strategic partnership and technological integration with Fils, a platform committed to advancing corporate ESG (Environmental, Social, and Governance) values. The collaborative venture aims to empower companies in their endeavors to foster environmental wellbeing and sustainability, amplifying the momentum of the […]
‘Intra-Planetary National Anthem’ Announced at COP28
An ‘Intra-Planetary National Anthem’ was announced at a COP28 press conference hosted by the International Association for the Advancement of Innovative Approaches to Global Challenges (IAAI) on December 8. It is a global music initiative and movement led by the Garibay Institute in collaboration with Digital Art for Climate. Fernando Garibay and Oscar Wendel at […]
Saudi Aramco and Japan’s SBI Holdings Forge Pathbreaking Partnership in Crypto and Semiconductor Sectors
Japanese crypto powerhouse SBI Holdings has inked a fundamental agreement for a strategic alliance with the colossal $2 trillion oil titan, Saudi Aramco. The collaboration marks a pivotal step in SBI’s concerted efforts to explore a partnership with the Saudi Arabian oil company. As per the latest report dated December 11, 2023, the partnership blueprint […]
Crypto: The Financial Revolution of Our Time With the Middle East as its Breeding Ground
Generations of today have had the privilege of witnessing and participating in multiple convergences of innovation and technology that created seismic shifts in innovation and redefined industries, economies, and societies. The internet revolutionized how we communicate, ushering in an era of information and connectivity. Spotify disrupted the traditional music industry by democratizing access to music. […]