Crypto in the desert: The founders of a VC fund explain why Dubai is the next global hub
    16 Oct 2021
    344 Views

    – CV VC invests in blockchain start-ups across Europe, Africa, and the Middle East. – It recently launched a Dubai incubation program, offering firms up to $125,000. – Its CIO and Dubai managing partner spoke to Insider about the fund’s expansion plans. For some industry insiders, a second ‘crypto valley’ – the major blockchain hub…

    NFT platform Sorare raises $680 million in funds, reaching $4.3 billion valuation
    27 Sep 2021
    369 Views

    Sorare, a sports NFT platform, raised a Series B round of $680 million at a $4.3 billion valuation. The financing by SoftBank has become the biggest Series B round in Europe. Launched in late 2019 as an alternative to traditional fantasy sports games, Sorare minted football player cards as NFTs. Users can build a weekly…

    Sharjah Innovation Park approves DLT licenses to operate blockchain and fintech startups
    25 Sep 2021
    389 Views

    The Sharjah Research Technology and Innovation Park (SRTIP) issued its third Distributed Ledger Technologies license (DLT) to ZelaaPayAE, which works to advance tokenization, promotes non-fungible tokens (NFTs), and develops payments infrastructures and various blockchain applications. ZelaaPayAE CEO, Mr. Sahil Arora said in a press release: “We chose to set up at SRTIP because of their…

    ‘Astarter’ brings DeFi to Cardano (ADA)
    18 Sep 2021
    378 Views

    On Friday, Cardano’s official commercial arm EMURGO announced Astarter, a joint venture with China-based technology firm BlockChain4A, to build decentralized financial (DeFi) services infrastructure on Cardano blockchain protocol. The joint venture will combine EMURGO’s technical expertise of Cardano’s founding entities, coupled with Blockchain4A’s experience in DeFi technical infrastructure development. After Cardano’s Alonzo hard fork successfully…

    Young siblings build crypto mining business, earning $30,000 per month
    05 Sep 2021
    327 Views

    14-year-old Ishaan Thakur and his sister, 9-year-old Aanya, have set up a lucrative mining operation. Starting with a single computer in a room desk, it is now an entire business that has a rented home and air-conditioned data center in Dallas, Texas. Monthly the two siblings earn over $30,000 mining Bitcoin and other cryptocurrencies. The…

    New NFT platform launches for artists and collectors in the Middle East
    28 Aug 2021
    412 Views

    Nabil Al Sayed, a serial startup entrepreneur, has announced the launch on Thursday of NIFTY Souq, a new digital platform where artists and collectors of the Middle East and North Africa region can create and buy NFTs. The new NFT marketplace is going to revolutionize the music and art scene in the Gulf countries. As…