There are a continuous barrage of DeFi projects sprouting from UAE. We have selected 5 which we think are of interest.
ZPAYae
ZPAYae, which is leading the way in DeFi. The platform is decentralized and simpler to store, exchange, or use assets such as cryptocurrencies. ZPAYae enables you to pass AED...
It was announced that the Central Bank of Bahrain (CBB) is working together with J.P. Morgan and Bank ABC to present an ongoing cross-line transaction arrangement in advanced cash repayment pilot methods. Bank ABC alongside J.P. Morgan will guide the moving of assets from and to the Kingdom of...
The KSA based blockchain startup IR4LAB has managed to raise about $1.5M in an investment fund round. The round was led by Wa’ed which is the entrepreneurship arm of Aramco. IR4LAB was founded back in 2017 and they’ve been offering access to corporations to root out resumes and professional...
Bahrain-based RAIN, the country’s first cryptocurrency trading platform has announced that they’re completely set to be launched as the arrangements have been done completely in this regard. The platform claims to be the first crypto exchange platform to earn a regulatory license in the entire Middle East along with...
It’s been already established among the crypto fans that bitcoins are the new hot investment trends that will stick to the economy. But unfortunately, professional investors think otherwise and completely opposite referencing from the BofA survey and that’s not all.
The survey was pretty solid and among those surveyed in...
The UAE minister of economy said at a panel for the World Economic Forum’s Global Technology Governance Summit that utilizing cryptocurrency along with asset tokenization will be the key to double up the country’s economy. The future economy of the country in 10 years is estimated to be the...
It was announced back on May 27 that the private loan specialist Işbank turned into the main Turkish bank to offer secure transactions in foreign exchanges via blockchain innovation. As per what the bank stated on this move, the exchange, wherein Turkish glass manufacturer Şişecam, German-based chemical organization Kuraray...
Based on last night's Super Tuesday published results, it seems like the crypto fundraising groups won a decisive victory. Rep.Katie Porter's attempt to become the Democratic Senate candidate for California failed because of negative ads from asset PACs that are worth almost $10 million, where other crypto-fan candidates all...
Metaverse can be defined as a collective virtual shared space created by converging multiple virtual reality environments, augmented reality overlays, the internet, and other digital platforms. It is a persistent, immersive, and interactive virtual world where you can socialize, work, play, and create. Essentially, the metaverse is a digital...
Abu Dhabi, UAE – The Abu Dhabi Securities Exchange (ADX) is set to make history with the listing of the Middle East and North Africa's (MENA) first distributed ledger technology (DLT)-based digitally native bond. This landmark move follows the commencement of the pricing stage for the instrument, issued by...
