Serenity, a pioneering blockchain technology company specializing in Decentralized Data Survivability Protocol (DeDaSP), has achieved a groundbreaking milestone with the launch of the sAxess Biometric Card. Developed in partnership with IDEMIA, this world-first biometric-secured blockchain card revolutionizes secure data storage, digital identity authentication, and real-world asset monetization. The launch marks a significant leap in blockchain […]
Dubai’s biggest bank, Emirates NBD, has jumped into the world of crypto trading, letting customers of its digital bank, Liv, buy, sell, and swap cryptocurrencies right through the Liv X app. They’ve teamed up with Aquanow, a legit digital assets company approved by Dubai’s Virtual Assets Regulatory Authority (VARA), to make it happen. The UAE […]
Dubai: In a major leap forward for digital finance, Hubpay, a leading UAE cross-border payments platform, has partnered with Aquanow, a global digital asset infrastructure provider, to introduce the UAE’s first fully regulated crypto payments facility tailored for businesses and SMEs. This collaboration will allow businesses across various sectors – including real estate, manufacturing, and general […]
Dubai, UAE – In what is being described as the largest cryptocurrency heist in history, Dubai-based crypto exchange Bybit has lost approximately $1.5 billion (Dh5.51 billion) worth of digital assets due to a “sophisticated attack.” Despite the breach, the company has assured users that all functions remain operational and that withdrawal requests have not been […]
DUBAI, United Arab Emirates – MANTRA Finance FZE (MANTRA), a leading decentralized finance (DeFi) platform operated by MANTRA Group, today announces it has successfully obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services. This […]
Dubai, UAE/Hong Kong — Tokinvest, a leading marketplace for real-world asset tokenisation, and HKVAX, a virtual asset trading platform, have announced a landmark partnership aimed at transforming global digital asset markets. By strategically linking Hong Kong’s established financial infrastructure with Dubai’s rapidly expanding virtual asset ecosystem, this alliance paves the way for a new era of tokenised investments. […]
Yesterday was marked the official launch of the Web3 Alliance of Saudi Arabia (WASA), a groundbreaking initiative uniting key leaders in blockchain technology and digital innovation to drive the adoption of Web3 technologies in alignment with Saudi Arabia’s Vision 2030, fostering economic diversification and technological advancement across the Kingdom. Founded by global Web3 pioneers The […]
Abu Dhabi, UAE – Phoenix Group PLC (ADX:PHX), ADX-listed technology leader, today announced a remarkable 236% year-over-year (YoY) surge in revenue for FY 2024, solidifying its position as a driving force in the global digital asset ecosystem. The company’s mining revenue reached $107 million in 2024, a significant leap from $32 million in 2023 and $5.4 million in 2022. This […]
Manama, Bahrain: Qareeb Data Centres, the Middle East’s first edge data centre provider, and Pantheon, a full-service global Bitcoin mining service provider, announced today they have signed a Memorandum of Understanding (MoU). This MOU sets out a strategic partnership between Pantheon and Qareeb to cover the rollout of Pantheon Bitcoin mining data centres across the Middle East region. […]
Istanbul, Turkey – Aktif Bank’s subsidiary, Aktif Ventures, has announced a strategic partnership with digital asset infrastructure provider Fuze. Through this collaboration, Aktif Ventures has integrated Fuze’s crypto trading, custody, and OTC services into its API marketplace, Apilion. As part of its mission to foster fintech innovation, Aktif Ventures has expanded its product portfolio with […]