Your one-stop destination for blockchain news in the Middle East

Crypto

Stay informed on Middle East’s crypto scene. Explore news, trends, and insights on cryptocurrency in the region.

Blockchain

UAE’s Myco Raises $10M, Plans to Move to Blockchain and Expand

Financial Benchmark for Myco Myco, a Web3 streaming platform situated in the United Arab Emirates, has successfully closed its Series A fundraising round with $10 million raised. Leading venture capital...
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United Arab Emirates

Phoenix Group of the United Arab Emirates Acquires Strategic Shareholding in Tether’s Dirham Stablecoin

Tether Releases Dirham-Pegged Cryptocurrency The well-known international digital asset firm Tether, best known for its stablecoin USDT, has announced plans to launch a new stablecoin based on the United Arab...
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Cryptocurrency

Coinsbooth Brings Cash-Based Cryptocurrency Transactions to Dubai

A major participant in the blockchain and cryptocurrency space, Coinsbooth has debuted its cutting-edge services in Dubai, United Arab Emirates. Coinsbooth, which specialises in buying and selling Bitcoin, USDT, and...
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Blockchain

Gate Ventures and Blockchain Center Abu Dhabi Present $100M Web3 Innovation Fund

Falcon Gate Ventures: A Worldwide Web3 Accelerator Falcon Gate Ventures, a new $100 million venture fund focused at accelerating growth in the Web3 ecosystem, was formed by Gate Ventures and...
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Crypto Salaries

Dubai Court Paves the Way for Crypto Salaries in Groundbreaking Decision

A Seminal Opinion Upholds the Validity of Cryptocurrency Payments in Employment Agreements The Dubai Court of First Instance has recognized bitcoin as a valid method of salary payment under employment...
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crypto experience month

Bitget kickstarts crypto experience month with bondex app

Bitget, a leading cryptocurrency exchange and Web3 company, has launched the Crypto Experience Month (CEM) 2024 as part of its Blockchain4Youth (B4Y) initiative. This event, supported by a $10 million...
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Binance labs

Binance Labs Announces Investment in Liquid Staking Platform aPriori

Binance Labs, the venture capital part of Binance, has recently expanded its investment portfolio by backing aPriori, a promising liquid staking protocol operating on the Monad network. This announcement on...
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Structural Challenges in the Crypto Market: Binance’s Latest Findings

Recent reports and news reveal that the cryptocurrency market has faced significant challenges. Although there has been minimal recovery, the market capitalization remains 14% below its March peak. Below, we...
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Blockchain expo world 2024 in Istanbul: what to expect?

The Blockchain Expo World 2024, the world’s largest blockchain and crypto expo, will take place at the Istanbul Expo Center from July 4-7, 2024. This landmark event, Turkey’s first state-approved...
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Bitcoin Exchange Reserves Reach Lowest Level in Three Years

As of June 19, 2024, the Bitcoin exchange reserve has reached its lowest point in three years, indicating a decrease in the total amount of Bitcoin available on exchanges. This...
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