Web 3.0
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PayPal Launches PayPal USD: A Game-Changer in Web3 Payment Landscape
PayPal has unveiled PayPal USD (PYUSD), a stablecoin backed by 100% U.S. dollar deposits, short-term U.S. Treasuries, and similar cash…
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Private Equity Firms in the Middle East Embrace Web3 Technologies for Continued Relevance
The sharp decline of nearly $3 trillion in web3-related asset value, representing over 70% shrinkage, has been unsettling, to say…
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Middle Eastern Employees Embrace the Power of AI
According to a study conducted by the Boston Consulting Group, employees in the Middle East are confident that the advantages…
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Cypher Capital, Tribe Capital, and Kraken Ventures Lead $4 Million Seed Funding for Concordia, Fueling Middle East Expansion
Concordia, a financial technology company, recently concluded a successful initial funding round of $4 million. Tribe Capital, Kraken Ventures, and…
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DIFC Unveils Ambitious Plan for AI and Web3.0 Hub, Targeting 500 Tech Businesses by 2028
In a bid to enhance its technology sector and expand its knowledge economy, the UAE is taking a major leap…
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Impressive 41% Surge in AI-Related Crypto Returns Following the Launch of ChatGPT
A recent study conducted by researchers at the Blockchain Research Lab in Hamburg, Germany reveals that the introduction of OpenAI’s…
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JPMorgan Embraces Blockchain for Effortless Settlement of US Dollar Forex Trades in India
JPMorgan Chase & Co. has tied up with six Indian banks to introduce a blockchain-based platform to settle interbank dollar…
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