Dubai Continues March as World’s Web3 Capital
Dubai’s specialist Virtual Assets Regulatory Authority (VARA) formulated a Test-Adapt-Scale model that has proven to be a compelling proposition for global future economy companies. The model is a magnet for net-zero, high-value-add, technology-driven firms that are migrating to Dubai. The city seeks to become one of the top 10 metaverse economies and a global pioneer […]
Marc Ellis, the First UAE Recruitment & Training Agency to Enter the Metaverse in the GCC
Marc Ellis is one of the most advanced brands in the IT Recruitment Industry within the UAE & the GCC and will become the first recruitment firm to transition into the Metaverse in the UAE. In direct connection with the proposed Metaverse Strategy introduced by His Royal Highness Sheikh Hamdan Bin Mohammed Al Maktoum to […]
Dubai Blockchain Center Signs MoU with Chaintech Labs Ltd
The Dubai Blockchain Center (DBCC) and Chaintech Labs Ltd (CTL) have announced a new cooperation agreement to foster long-term blockchain technology research and development for enterprises and government authorities in the GCC region. The agreement, in the form of a Memorandum of Understanding (MoU), formalizes the mutual interaction and strengthens the existing relationship between the […]
FTX Exchange FZE Secures Dubai’s 1st Virtual Asset Service Provider MVP Licence from VARA
FTX Exchange FZE, announced that it has received approval to enter Dubai’s ‘Minimum Viable Product’ (MVP) programme for Virtual Assets under the world’s only specialist regime for this sector operated by the Virtual Asset Regulatory Authority (VARA). As a subsidiary of FTX Europe, FTX Exchange FZE (FTX) becomes the first Virtual Asset Service Provider (VASP) […]
The Merge: The Aftermath
The Merge and transition to Ethereum staking is one of the most widely anticipated crypto events to date. Following UNLOCK Blockchain’s report that explained the how and why, this piece will cover the effects of The Merge on Ethereum, along with analytical segments that answer every crypto enthusiast’s questions and thoughts. Effects on Ethereum Switching […]
Komainu Secures Initial Provisional Regulatory Approval to Operate in Dubai
Komainu, a regulated digital asset custody provider built by institutions for institutions, has announced its provisional regulatory approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to commence operational readiness, as the application goes through the warranted due diligence in accordance with VARA requirements, enabling Komainu to be amongst the first fully regulated digital asset custody services for […]
Dubai Forms Higher Committee for Future Technology and Digital Economy
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai a leading global economic hub and in line with the launch of the Dubai Metaverse Strategy by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman […]
Digital Financial Exchange (DIFX) Partners with Crypto Oasis to Further Establish Its Foothold in the Global Crypto Market
Digital Financial Exchange (DIFX), an EU-regulated crypto exchange, marks a major milestone in its Blockchain journey by partnering with Crypto Oasis, the world’s fastest-growing crypto ecosystem. With the support of Crypto Oasis’ world-class talent and infrastructure, DIFX will cement its place as the leading cross-asset trading platform in the global crypto market. Their exchange connects […]
3AC Founders Break Silence and Mention 3 Crypto Trades that Led to Bankruptcy
The two co-founders of the recently bankrupt crypto hedge fund Three Arrows Capital (3AC), Su Zhu and Kyle Davies, decided to break their silence in an interview with Bloomberg. Zhu and Davies explained that 3AC’s rapid collapse happened due to over-optimistic speculations on their part. Zhu mentioned that their strategy was developed for a kind […]
Dubai Police to Rollout 2nd NFT Collection
As many as 22.91 million people from all over the globe registered their interest in getting Dubai Police’s first collection of non-fungible tokens, “NFT”, which was released by the Dubai Police General Command during the second quarter of this year. Brigadier Khalid Nasser Al Razooqi, Director of the General Department of Artificial Intelligence at Dubai […]