#Blockchain

MContent

MContent appoints Hani El Khatib as chief executive officer of Blockchain and Web3

El Khatib will oversee the MContent blockchain platform as well as all Web3, NFTs and crypto divisions

Middle East Blockchain Awards

Abu Dhabi to host inaugural Middle East Blockchain Awards

As part of Abu Dhabi Finance Week, the event will be held at Palm Garden, W Abu Dhabi – Yas Island on November 18, 2022

Chainalysis

Chainalysis to discuss blockchain risks, opportunities and compliance at Gitex Global

Visitors can experience live demos of Chainalysis Storyline, its Web3-native blockchain analysis tool, designed to visualise smart contract transactions

Binance growth rate in MENA

Binance sees 49% YTD rise in new users in MENA region 

Binance recently obtained a minimal viable product license from Dubai’s Virtual Asset Regulatory Authority to offer approved virtual asset-related services

Future Blockchain Summit

Here’s a glimpse at the Future Blockchain Summit 2022’s top disruptors

The fifth edition of the summit will take place from October 10-13, 2022 at the Dubai World Trade Centre

XA Group

UAE’s XA Group rolls out blockchain-based solution to end impasse over claims recovery

Abu Dhabi National Insurance Company, Emirates Insurance Company, Yas Takaful and Oriental Insurance Company are among the first to adopt the solution in the UAE

Winners of the first edition of GB Tech Web3 Awards

Revealed: Winners of the first edition of GB Tech Web3 Awards

The ceremony was held on September 23, 2022 at Social Distrikt, The Pointe – The Palm Jumeirah and a total of 15 winners were recognised for their achievements

Crypto

Bitcoin, Ether extend crypto selloff as big Fed rate hike looms

An Ether jump since mid-June that was spurred by hype around an upgrade of the Ethereum blockchain is rapidly unwinding

Digital Assets

Cover Story: Why digital assets are key for the financial sector

Digital assets can unlock opportunities with immense potential for the financial services industry, allowing fintechs to offer their clients a host of benefits

Inery

Inery acquires investment from Metavest at $128m valuation

The company aims to expand its use cases – particularly in GameFi, where it seeks to explore the full potential of gaming industry

Crypto Oasis

Crypto Valley Association, Crypto Oasis team up to boost blockchain development in the Middle East

The alliance with Crypto Oasis will help build bridges, share knowledge and enable an exchange between crypto-passionates in Switzerland and Middle East

Nigeria

Nigeria, Binance in talks for digital city to develop blockchain

Nigeria is targetting digital technology as a means to help diversify the economy away from crude oil

Data metaverse

Insights: Managing data across metaverses – Data portability

How Inery solves the issue of data ownership, interoperability and data portability without compromising security

Inery

Inery Blockchain launches its first public testnet

The Inery public testnet will allow developers to test the different functions and features of the blockchain

Abu Dhabi blockchain

Abu Dhabi outlines blockchain and virtual assets strategy

The Abu Dhabi Blockchain and Virtual Assets Committee emphasised the significance of regulating blockchain and virtual asset operations to adhere to anti money laundering

DBS Exchange

DBS Exchange says Bitcoin trading surged amid global selloff

The quantity of the world’s largest token, Bitcoin, bought on the members-only exchange was four times higher than April

Wissam Breidy

Lebanese media star Wissam Breidy joins Dubai-based Crypto Oasis

The partnership will help break new ground and drive awareness about blockchain technologies in the Arabic speaking community

Bitcoin miners

Largest Bitcoin miners lost over $1bn during crypto crash

Core Scientific, Marathon Digital Holdings and Riot Blockchain posted net losses of $862m, $192m and $366m, respectively

Bitcoin June

Bitcoin tops $25,000 for first time since June amid crypto rally

The largest cryptocurrency rose as much as 2.2 per cent on Sunday to $25,031, its highest level since June 13

Gaming and generation next in the advent of Industry 4.0

Blockchain companies have doubled down on esports to reach gamers, signing multi-year, multi-million-dollar sponsorship contracts

OKX

Crypto exchange OKX gets Dubai licence, set to open hub in city

OKX has been granted a provisional virtual assets licence to provide services to qualified investors in the UAE

Gamestop NFT

American video game retailer Gamestop launches NFT marketplace

The marketplace is part of a push by Gamestop chairman Ryan Cohen to expand its array of digital services and online products

Bitcoin

Bitcoin falls a fourth day to about $20,000 amid dollar strength

Bitcoin is more likely to tumble to $10,000, cutting its value roughly in half, than it is to rally back to $30,000

Dani Alves NFT

Brazilian footballer Dani Alves unveils NFT project at MetaTerrace, Dubai

Alves launched the NFT drop of his trophy collection, in conjunction with Dubai-based ColossalBit and British luxury watchmaker Backes & Strauss

Decentralised Investment Group (DIG) has partnered with BRON Studios to create a Hollywood NFT Collection

An investment firm in Dubai is using NFTs to revolutionise Hollywood

The Decentralised Investment Group (DIG) has partnered with Bron Studios to create a Hollywood NFT Collection linked to a much-anticipated movie series

Binance

Binance resumes Bitcoin withdrawals after temporary halt

The transactions were stuck because they were submitted to the exchange with low transaction fees

Crypto Oasis and Roland Berger partner

Crypto Oasis, Roland Berger partner to boost region’s crypto economy

Roland Berger and Crypto Oasis will explore opportunities in the fields of blockchain and decentralised technologies in the region

Binance Web3

UAE’s Majid Al Futtaim and Binance partner to unlock Web3 capabilities

Agreement will see Majid Al Futtaim and Binance work jointly on non-fungible tokens and crypto payments with Binance Pay

FTFT Capital

Blockchain investment firm FTFT Capital inks strategic metaverse partnerships

The collaborations will help the company’s affiliate FTFTX expand its metaverse capabilities by establishing a new platform for aggregating trading information

cryptocurrency

Dubai’s crypto edtech Coinmarketpedia secures $2m to expand footprint

The funds will be used to enhance features, allow for investments in ecosystem partnerships and onboard industry experts