Report : DeFi protocols have been the biggest recipient of illicit funds
Illicit DeFi transactions have risen steadily over the last three years, in terms of both raw value and also as a share of all transaction value. This is according to the latest research from Chainalysis, the blockchain data platform, which found that as of the 1st of May, DeFi protocols have accounted for 97% of […]
The Inaugural BSV Global Blockchain Convention Opens its door in Dubai Tomorrow
The BSV Global Blockchain Convention Welcomes the public, businesses, and the industry for the first time ever in Dubai. Come to the Grand Hyatt in Dubai between 24 May and 26 May 2022 and be part of the conversation. The convention will play host to thought leaders, speakers, and moderators from around the world. Hear […]
Dubai Grants Calvin Cheng’s Web3 Company a Virtual Asset License
Singaporean investor and entrepreneur Calvin Cheng has established a non-fungible token (NFT) and fan token investment holding company in Dubai. Cheng, formerly an appointed Member of Parliament in Singapore, will invest in projects to integrate crypto into fashion, media and entertainment via Calvin Cheng Web3 Holdings FZE. As per the press release, The Dubai Virtual […]
Cypher Capital Allocates $5 Million To Invest In Ocean Protocol Ecosystem Projects
Cypher Capital, a venture capital firm located in the UAE, today announced that it has set up an ecosystem fund together with Ocean Protocol according to which it will be allocating $5 million to invest in Ocean Protocol projects. Ocean Protocol is a platform for data exchange and monetization that builds on Ethereum and other […]
Ruler of Ras Al Khaimah supports the First BSV Global Blockchain Convention in UAE
For the first time ever, and under the patronage of His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, the BSV Global Blockchain Convention will take place in the UAE on 24, 25 and 26 of May 2022 at the Grand Hyatt, Dubai. BSV is […]
CUSP, A Greener Future with a Crypto Twist
In a world that is overflowing with poor quality inventory and carbon footprint, clean energy remains the leading solution to reduced emissions and negative environmental impact. CUSP Green Solutions Ltd is a startup that was established in 2021 and is now headquartered in London, a state that is well immersed in this field, and that […]
ADGM is hiring innovators for its DeFi sandbox programme
DeFi protocols might appear out of regulatory reach, especially that regulators have only held purview over legal entities within their jurisdiction. No, especially when regulators realized that DeFi shares many of their same goals as financial regulators! Today, on a post on their linkedin page, Abu Dhabi Global Market (ADGM) invited disruptors and innovators with […]
Dubai’s metaverse sector will add $4 billion to its economy by 2030 and support virtual Jobs
The Dubai Metaverse Strategy, which was announced by the Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum earlier this month, aims to increase the contribution of the metaverse sector to the emirate’s economy to $4 billion by 2030. Headed by the Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Dubai Metaverse Strategy also […]
Libera Foundation raises investment to start using Web 3.0
UAE, Dubai based Libera Foundation, a data acquisition platform for Emerging Markets, has successfully secured an investment yesterday from GAINS Associates to support the launch of their new product, which will change the supply chain industry. The Libera Foundation introduced an innovative data acquisition app based on the “Share to Earn” concept, enabling the aggregation, […]
Crypto Oasis Metaverse Collection launches Azerbaijani Visual Artist
Orkhan Mammadov has joined the Crypto Oasis Ecosystem, adding to the celebrated talent associated with it. The collaboration will create positive synergies between the art world and the crypto community. It marks an important step forward in delivering Crypto Oasis’ NFT strategy. Orkhan Mammadov is a contemporary Azerbaijani artist, whose art combines Azerbaijani carpets with […]