Gulf Crypto Insight: Hot crypto news from the MENA region – December 9
    10 Dec 2022
    538 Views

    Top crypto news from the Middle East region over the last week (Dec. 3–9, 2022): Ripple partner and JP Morgan join forces to enhance financial transfers in UAE Al Fardan Exchange, a crypto exchange licensed in the UAE and one of Ripple Labs’ partners, has inked a strategic partnership with global banking giant JP Morgan,…

    Decentraland launches virtual LAND renting
    08 Dec 2022
    273 Views

    The Decentranland metaverse announced a new platform feature that allows its virtual LAND owners to officially rent out the rights to the space for predefined periods through the digital marketplace. Decentranland users who own LAND can now become landlords to earn passive income from their metaverse assets. In an official statement, Decentraland describes LAND owners…

    Warner Music Group partners with Polygon NFT music platform LGND
    07 Dec 2022
    326 Views

    Warner Music Group, the major record label, announced on Dec. 6 a multi-year partnership with the Ethereum sidechain network and the Web3 music startup. Artists signed to Warner Music Group labels will be able to release music NFTs through the upcoming Polygon-based marketplace LGND Music. LGND Music is an online marketplace set to launch in…

    Aave acquires NFT game developer Sonar for Lens social media integration
    07 Dec 2022
    378 Views

    Aave Companies has acquired Sonar, a mobile metaverse app whose users pilot NFT-linked avatars through digital worlds, with plans to integrate its Lens social media protocol with the platform. Following the acquisition, Lens Protocol will be integrated into a game app with about 20,000 monthly active users. Software development company Aave Companies announced on Dec….

    Coca-Cola to mint NFTs based on heatmaps from FIFA World Cup games
    06 Dec 2022
    466 Views

    Coca-Cola has teamed up with Crypto.com to release a collection of 2022 FIFA World Cup NFTs based on heatmaps of the games played. The move is the latest corporate play to try to capitalize on crypto fever amid the World Cup in Qatar. Coca-Cola is releasing a set of 10,000 World Cup NFTs, which are…

    UAE puts together the building blocks for a sustainable metaverse
    04 Dec 2022
    382 Views

    The Middle East nation includes metaverse to merge play and prospects with prosperity that lasts, writes Iona Stanley on Gulf News Focus. Sustainability seeks to improve our lives on earth — from the air we breathe and the food we eat, to overcoming the perils of climate change. Meanwhile, the metaverse promises an escape from…