Adaverse Invests $500,000 in Saudi Web3 Company Mithu
Mithu becomes the fifth Arab Web3 company that Adaverse has invested in since opening its office in Riyadh earlier this year.
Jordan National Blockchain MODEE DLT to Support E-Government
Jordan’s Ministry of Digital Economy and Entrepreneurship will deploy Modee DLT in Sanad app for e-government services, amongst other sectors
New NFT Collection to Raise Funds for Gaza
After previous NFT and cryptocurrency campaigns successfully raised more than $220,000 in donations for the Gaza Strip and Palestine
NFT Campaign on Tezos Raising Funds for UNHCR’s Climate Resilience Fund
10 artists participate in an NFT exhibition on Tezos blockchain aimed at raising donations for UNHCR’s climate resilience fund
Indian CoinDCX Acquires UAE Crypto Exchange BitOasis
The UAE-based centralized exchange platform BitOasis revealed yesterday, Wednesday, that it has been fully acquired by its Indian counterpart CoinDCX. CoinDCX, India’s first crypto exchange platform, had previously invested in BitOasis in August 2023, before completing its full acquisition of the company now, in the company’s first step to expand into the Middle East and […]
Adaverse Invests in Saudi NFT Company Nuqtah
In its fourth investment in the Arab region this year, venture fund Adaverse announced its investment in the Saudi NFT company, Nuqtah
UAE’s BitOasis Expands to Bahrain, Reaches $6B Trading Volume
UAE’s centralized exchange platform BitOasis obtained authorization from the Central Bank of Bahrain to launch a broker-dealer platform
Decentralized Taxi App DRIFE Expands to Dubai and Arab Region
The decentralized ride hailing company DRIFE launched its app in Dubai and is preparing to expand to Saudi Arabia and Qatar.
Saudi Central Bank Joins mBridge Network for CBDCs
The Saudi Central Bank becomes the fifth full member in the mBridge network for CBDCs, built on its own blockchain called mBridge Ledger.
Oxfam Uses Blockchain in its Unblocked Cash Aid Program
Learn about Oxfam’s Unblocked Cash project, which uses blockchain technology to deliver cash aid to the unbanked