MENA News

Unlock is the only official source of Blockchain and Crypto news from MENA region. latest projects and implementations in Dubai, Abu Dhabi, Bahrain, Saudi Arabia and other regional countries in the Middle East and north Africa.

  • Crypto News WazirX hack

    Liminal has released an in-depth report regarding the recent security breach at WazirX, which resulted in the loss of funds from their Gnosis SAFE smart contract wallet. This report aims to clarify the events leading to the breach and emphasize that Liminal’s infrastructure remains uncompromised. Overview of the Incident The breach, which occurred on July 18, 2024, involved the draining of funds from a Gnosis SAFE multisig wallet used by…

    Read More »
  • The Ministry of Digital Economy and Entrepreneurship in Jordan has launched a national blockchain technology network, MODEE DLT, in partnership with Jordanian blockchain company Blockexe. This initiative aims to enhance trust and transparency in government services. MODEE DLT, a cornerstone of Jordan’s digital transformation, has been integrated with the “Sanad” system to provide a decentralized and verifiable digital record of all Sanad transactions. This integration aims to bolster digital trust…

    Read More »
  • AI UAE

    Retail investors in the UAE are increasingly rallying behind artificial intelligence (AI) stocks, while interest in Big Tech and pharmaceutical stocks wanes, according to the latest quarterly data from trading and investing platform eToro. The data reveals significant changes in the proportion of holders of various stocks on eToro’s platform. NVIDIA, a leader in the AI market, surged to become the second-most popular stock among UAE investors, trailing only Tesla.…

    Read More »
  • XRP Healthcare, Registers Trademark, UAE, blockchain news, crypto news

    XRP Healthcare, the blockchain XRPL-based healthcare platform, officially announced the registration of its trademark in the United Arab Emirates (UAE), on July 12. This achievement follows the company’s strategic incorporation in the crypto-friendly Gulf state last year, highlighting its commitment to global expansion and brand protection. In addition to the UAE, XRP Healthcare has also secured trademark registrations in the United Kingdom and Uganda. The UK trademark was registered shortly…

    Read More »
  • dubai customs

    Dubai Customs has introduced a revolutionary blockchain platform designed to enhance the efficiency and transparency of trade operations within Dubai and internationally. This digital network is a major advancement in Dubai’s digital transformation strategy, aiming to improve collaboration between government bodies and the logistics sector. .@DubaiCustoms launches blockchain platform in a pioneering step aimed at enhancing efficiency and transparency in commercial operations within #Dubai and across borders.https://t.co/H7aE0LWv5J pic.twitter.com/R5C0opz7Zv— Dubai Media…

    Read More »
  • Crypto News GCEX UAE

    GC Exchange FZE (GCEX), part of the GCEX Group, has named Saeed Al Darmaki as Non-Executive Director for the UAE region. Saeed Al Darmaki brings extensive connections and experience in the digital asset industry. He will focus on driving growth for GCEX, which holds an Operational Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). A prominent figure in the UAE’s blockchain and cryptocurrency sectors, Al…

    Read More »
  • Crypto News CoinDCX acquisition BitOasis UAE MENA

    CoinDCX, India’s largest crypto exchange, has announced the acquisition of BitOasis. This strategic move follows CoinDCX’s initial investment in BitOasis in August 2023, where CoinDCX initially acquired an 85% ownership stake. Subsequently, CoinDCX has now completed the acquisition, securing full ownership of BitOasis. This groundbreaking alliance marks a transformative milestone for the MENA region. With BitOasis recently obtaining a license in Bahrain and reopening its platform in Dubai, the acquisition…

    Read More »
  • Crypto News Tokenization UAE Real Estate Leader MAG Partners with MANTRA to Tokenize $500 Million in Property

    MANTRA has announced on their medium page a strategic partnership with MAG, a prominent UAE developer with a real estate portfolio valued at over US$5 billion. This collaboration aims to transform real estate investment by leveraging blockchain technology, democratizing access to premium Dubai properties. Advancing Real Estate Investment through Blockchain Tokenization This strategic alliance signifies a major advancement for both institutions. MANTRA’s institutional-grade blockchain infrastructure will provide a secure and…

    Read More »
  • DORA, digital operational resilience Act, EU regulation, digital finance, cybersecurity, UAE, financial institutions, central bank, blockchain news

    The financial sector’s growing reliance on information and communications technology (ICT) exacerbated by the COVID-19 crisis, has underscored the critical need for enhanced digital resilience. This dependency has heightened technological and cyber risks exponentially, a concern addressed by the Digital Operational Resilience Act (DORA), an EU regulation effective from 16 January 2023 and enforceable starting 17 January 2025. Dora is one aspect of the EU’s Digital Finance Package, which includes…

    Read More »
  • Alex Chehade Leaves Binance Dubai UAE

    The general manager of Binance FZE in Dubai, Alex Chehade, is set to leave the company after a two-year tenure, as per a report by Imogen Lillywhite ,Zawya. Chehade, who joined the virtual assets exchange in June 2022, played a pivotal role in securing Binance’s Dubai Virtual Assets Regulatory Authority (VARA) license in April. He will officially depart at the end of July. Significant Contributions Binance, in a statement, expressed…

    Read More »
Back to top button