Tag: Blockchain
Dirham-Pegged Stablecoin Revealed
Executives from the Abu Dhabi-based company Phoenix and Tether today announced the launch of a new Dirham-pegged stablecoin, projecting a significant development in the...
6 Predictions for Fintech in 2024
Financial technology, or fintech, is undergoing rapid and transformative changes. As we look ahead to 2024, several key trends are poised to shape the...
A New Breed of Finance Leader is Embracing Cryptocurrency
Cryptocurrencies are notoriously volatile and poorly understood in mainstream markets. Yet there is little doubt that digital money and the blockchain will have a...
UAE’s Licensed 1st Crypto Foundation to Build an Infinitely Scalable Blockchain...
The project is generating attention in MENA due to its tremendous transactional management possibilities, higher security, and inbound governmental database projects.
Venom Foundation has been...
Abu Dhabi to Launch Blockchain, Virtual Assets Strategy
The Abu Dhabi Blockchain and Virtual Assets Committee (ADBVAC) held its first meeting, under the chairmanship of Mohamed Ali Al Shorafa, Chairman of the...
Dubai’s Museum of the Future, Binance NFT Launch The Most Beautiful...
Dubai's Museum of the Future has entered into a collaboration with Binance NFT, the NFT marketplace of Binance, the world’s leading blockchain and cryptocurrency...
Top 100 Fintech Companies Valuation
Data presented by Tradingplatform.com indicates that the global value of the top 100 Fintech is $2.8T and is steadily approaching the $3T mark.
Commenting on...
Dubai’s Real Estate Sector Benefits from Web3 Applications
Union Square House to launch region’s first Metaverse mansions as Dubai tops the MENA region in digital assets
Ultra-luxury virtual properties to be traded as...
Dubai To Host the Gulf Blockchain Week 2021
In October, the global blockchain community will converge to Dubai for a premiere conference to discuss the latest industry developments.
World’s leading tech experts, investors...
Ethereum Expected to Break $5,000 and Hit Fresh All-time Highs
The Ethereum price is likely to hit $5,000 over the next seven days as the cryptocurrency reaches new all-time highs, predicts the CEO of...
Blockchain Technology Creates New Opportunities for Oil and Gas Industry
Brox Equity, a private company registered in Alberta, Canada, is combining traditional energy and the emerging blockchain experience as a way to contribute to...
Encrypted Currency May Become the Next Digital Oil in UAE
Well Known Blockchain Investor Mr Ryan Xu said that in the first phase, they are going to move their crypto mining business in the...
New Mining Fork of Ethereum Completed to Incentivize The PoW Mining...
On April 15, 2021, Ethereum GeneSys successfully executed a mining fork of Ethereum. This fork, which took place in Toronto, is an effort to...
First Blockchain-enabled Precious Metals Refinery to Open in Dubai
DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has announced the signing of a sale and...
Crypto Businesses Now Able to Set Up at DMCC in Dubai
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has entered into a memorandum of...
Historical Evidence For Bitcoin Performing Like Digital Gold
In the first days after the outbreak of the coronavirus crises in the West, crypto plunged like traditional asset classes. Bitcoin was pronounced...
DIFC Reaffirms Commitment to Advancing FinTech Ecosystem
New partnership agreement signed with Tribe Accelerator, the first Singapore government supported Blockchain accelerator to collaborate on knowledge sharing and events
DIFC Authority...
Dubai Economy Joins 6 Banks to Launch KYC Consortium in UAE
Consortium has Dubai Economy and Emirates NBD Group as founding members along with HSBC, RAKBANK, ADCB, and Commercial Bank of Dubai as early...