UAE’s grocery delivery service YallaMarket adopts crypto payments

    YallaMarket, a grocery delivery platform in the UAE, announced Wednesday that they now accept crypto payments for customer orders, while the UAE is crypto-friendly and considered to be the center of cryptocurrency in the Middle East. United Arab Emirates (UAE) has been one of the most aggressive with its crypto adoption strategy. They have talked…

    Uniswap now blocks some crypto wallets for illegal activity

    In partnership with TRM Labs, Uniswap Labs is now blocking crypto wallets that are found to be engaged in illegal behavior. The move reveals a trend in the DeFi sector of blocking crypto addresses sanctioned by the US Treasury Department. Uniswap Labs, the Uniswap decentralized exchange protocol’s main developer, has begun blocking crypto wallet addresses…

    Andreessen Horowitz launches its research lab focused on Web3

    Venture capital giant Andreessen Horowitz (a16z) is launching a new technological research lab to focus on innovation and problem solving as the world of crypto and blockchain expands and matures. The new team of a16z Crypto Research is staffed with academics aiming to provide deeper insights for the firm’s portfolio companies. In a new press…

    Coinbase Ventures reveals its crypto outlook for the rest of the year

    Coinbase Ventures, the investment arm of crypto exchange Coinbase, recapped what it did in Q1 and what it sees happening in crypto over the rest of the year. One of the most active venture capital firms in the crypto market made 71 investments over the first three months of the year, with a record $12.5…

    Coinbase launches beta of long-awaited NFT marketplace

    Crypto exchange Coinbase has launched its long-awaited NFT marketplace in beta form after the exchange first announced plans for it in October. It is currently available for select customers and supports only Ethereum-based NFTs and payments in ETH. In the future, Coinbase will also add drops, minting, token-gated communities, and the option to buy NFTs…

    Lebanese-Canadian ex-pat restarts startup in Dubai eyeing a crypto and metaverse future

    Lebanese-Canadian ex-pat resident Rayan Najdi, 29, relaunched his business in the UAE in 2020 after an economic collapse at home forced him to look for an alternative. A personal story about a former electrical design engineer who now designs online courses for students in the UAE, published on Gulf News. ‘Cost efficiency is a mentality…