According to Watcher.Guru, the Dubai government will build a 17-story crypto tower, which is expected to be completed in 2027.
Dubai-based investment firm Sigma Capital has launched the $100 million Sigma Capital Fund I, which focuses on early-stage ventures in the Web3 and blockchain space. The fund will invest in DeFi, blockchain infrastructure, real-world asset tokenization, gaming, and the meta-universe. In terms of investment strategy, Sigma Capital plans to manage a liquid token portfolio and adopt a high-yield DeFi approach to improve returns. Over the next three years, Sigma Capital plans to invest in 100 early-...
Dubai-based tokenization platform Allo has announced a $100 million bitcoin-backed credit line financed by Greengage and a "long-running US institution". The funds will be used to expand on-chain lending and physical asset tokenization services.
On his social media platform, Mr. Musk retweeted a video of migrants from Mars posted by Mario Nawfal, founder and CEO of Dubai-based venture capital firm IBC Group, saying it was backed by the creators of the "meme" OG. In the video, Richard Dawkins, a prominent scholar, praised Musk's plan to colonize Mars as "practical and a great challenge."
The Dubai Financial Services Authority (DFSA) has announced that ZetaChain (ZETA) has been accredited by the Dubai Financial Services Authority in accordance with the relevant requirements of GEN Rule 3A.3.4 in its rulebook. As a general-purpose blockchain, ZetaChain has native access to blockchains including bitcoin, and the approval of the Dubai Financial Services Authority brings greater trust and global access to ZetaChain.
On November 5th, CZ appeared in Bahrain, another Middle Eastern country, following Binance Blockchain Week in Dubai, UAE at the end of October. He told reporters that before Binance obtained the virtual asset service provider (VASP) license issued by Dubai, it was in the Gulf Arab States Cooperation Council (GCC).
Binance founder Changpeng Zhao replied to Wang Hanyang's essay "Binance and Dubai Essays" on social media, saying, "Well written! Why do I feel like I have taken pictures with everyone, at least thousands of them? It's just that most people don't have time to chat. I'm not very good at chatting either. It's often cold, so there's nothing to lose. "
At the GameOn TON Hackathon Dubai Development Workshop hosted by Payment Protocol AEON, Oak Grove Ventures introduced its comprehensive support program for the participating teams of this Hackathon. As the co-organizer and judge of the event, Oak Grove Ventures actively cultivates early-stage projects in the TON ecosystem through a tailored TON Valuable Builder (TVB) project program. The program provides one-on-one workshops and direct investment opportunities for participating teams, with speci...
Alessandro Giori, Senior Strategic Partnerships Manager at Tether, announced at the TON Gateway event in Dubai that the UAE dirham stablecoin will be issued on the TON blockchain. The stablecoin project, developed by Tether in partnership with Phoenix Group and Green Acorn Investments in the UAE, will be fully backed by local liquid assets in the UAE. In addition, Giori also announced that USDT on the TON chain will be connected to the digital asset platform Fireblocks.
On October 31st, CZ said in an interview at the main venue of Binance Blockchain Week in Dubai, "I can't predict the future, but I can analyze history. Historically, Bitcoin has gone through a very clear four-year cycle. 2013 and 2017 were bull markets. But in fact 2012 was a" recovery year ", and many people didn't go back that far. 2016 was also a" recovery year ", and 2017 soared. 2020 was also a" recovery year ", and 2021 was a bull market. So based on the existing...
On October 31st, CZ said in an interview at the main venue of Binance Blockchain Week in Dubai: In fact, a few prison guards recognized me and asked me what tokens to buy. I can only tell them that I am serving a sentence, I don't have an internet connection, and I can't get any information.
On October 31st, at Binance Dubai Blockchain Week, the host asked CZ, will Giggle Academy involve Web3 or blockchain in the future? Will there be airdrops? CZ said, "I don't want to add new tokens in the short term. Therefore, we may support all other tokens that already exist, such as Bitcoin, Ethereum, BNB, etc. They are creating incentives for the system to make the tokens work properly. But we may not need to issue our own tokens."
On October 31st, at Binance Dubai Blockchain Week, the host asked CZ, What is your current relationship with Binance? CZ replied, "Yes, I have resigned as CEO and I should not be involved in the day-to-day operations of the company, but my shareholder rights have not been affected. I am still a major shareholder of Binance and can still access information, but I cannot make decisions or issue orders. When forced to step down...
Binance founder CZ has appeared on the main stage of this Dubai Binance Blockchain Week for a question-and-answer session, his first public appearance since his release.
According to Hong Kong media Ming Pao, Deepa Raja Carbon, managing director and vice chairperson of the Dubai Virtual Asset Regulatory Authority (VARA), said that after the turmoil in the virtual asset industry, people prefer to have clear regulations, which is why international exchanges come to Dubai to develop their business. Hong Kong and Dubai have very similar DNA, and the supervision of virtual assets in various regions does not need to be consistent, but the coordination between regulato...