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Finance

Sui Builders collaborate with Mena for simplified blockchain nodes

In a significant move for blockchain technology, Sui Builders are collaborating with MENA to simplify the process of running blockchain nodes. This partnership focuses on the integration of AWS Blockchain...
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Vitalik Buterin Launches Circle STARKs to Boost Blockchain Performance

In an effort to improve blockchain security and efficiency, Ethereum co-founder Vitalik Buterin announced Circle STARKs. This new cryptographic protocol leverages smaller fields, such as Mersenne31, to boost proving performance...
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Companies Currently Simplifying Cross Border Payments In The Middle East

The Middle East is experiencing a FinTech revolution, significantly transforming cross-border payments. According to the World Bank, transactions across the MENA region totaled $56 billion in 2022, highlighting the critical...
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Bitpanda acquires 500k new users across MENA in Q2

In the rapidly evolving financial technology landscape, Bitpanda has made significant strides. The platform, known for its user-friendly approach to digital assets and financial services, recently announced an impressive milestone:...
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IMF: CBDCs Could Boost Middle East’s Financial Inclusion, Payment Efficiency

A recent IMF study on 19 central banks in the Middle East and Central Asia region showed that Central bank digital currencies (CBDCs) may not be necessary to achieve intended...
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Robinhood Introduces AI-Powered Tools to Assist Users in Trading

Robinhood users will soon gain access to AI-powered tools that offer more competent trades after the company acquired Pluto Capital. Pluto’s AI will provide personalized investment strategies, data analytics, and...
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Custody Provider Liminal Gets Approval in Abu Dhabi

Liminal, a Singapore-based custody services provider, achieved a significant milestone in its international expansion with regulatory approval in Abu Dhabi. According to representatives interviewed by CoinDesk, the firm’s subsidiary, First...
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PancakeSwap to Introduce New AI-Driven Portfolio Management Tool

PancakeSwap, a decentralized cryptocurrency exchange, will launch CupcakeHop, a portfolio management tool powered by artificial intelligence (AI). Below, we explore more details about PancakeSwap’s AI Tool. PancakeSwap’s AI Tool PancakeSwap’s...
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Saudi Arabia joins mbridge (digital currency project)

Saudi Arabia’s central bank has joined Project mBridge – a cross-border experiment with central bank digital currencies (CBDCs) for international trade – as a full participant, the Switzerland-based Bank for...
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Saudi Arabia Joins CBDC Project, mBridge.

The Switzerland-based Bank for International Settlements recently announced that Saudi Arabia’s central bank has officially joined the central bank digital currencies (CBDC) project, mBridge. mBridge is a cross-border experiment with...
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