Abu Dhabi Goes All-In on Crypto With $2 Billion Investment Program for Web3 and Blockchain Startups
Abu Dhabi's technology sector has introduced a fresh initiative to finance Web3 startups, blockchain technologies, and metaverse applications in the capital of the United Arab Emirates, with an impressive commitment of o...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The capital's tech ecosystem, called Hub71, has officially launched its brand new Hub71+ Digital Assets, which will be based at Hub71 in Abu Dhabi Global Market (ADGM). According to the Emirates News Agency (WAM), ...
Read More: Abu Dhabi Goes All-In on Crypto With $2 Billion Investment Program for Web3 and Blockchain Startups
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Strategy’s STRC Hits $100 Par for First Time Since May After Over $2 Billion in Buybacks
Bitcoin Magazine Strategy’s STRC Hits $100 Par for First Time Since May After Over $2 Billion in Buybacks Strategy’s Stretch prefe...
Standard Asset Company outlines $1.5 billion Bitcoin and UAE real estate strategy
SAC's strategy could redefine investment norms by blending traditional real estate with digital assets, impacting market dynamics...
Grayscale Reveals a Silver Lining in Binance’s $6 Billion Hack
Grayscale said Binance’s $6 billion hack could lead to stronger exchange security despite a potential setback for market confidenc...
After Binance’s $6.3 Billion Hack, Austin Campbell Calls for a 24-Hour Clock on Billion-Dollar Crypto Moves
Crypto hacks reach into the billions partly because the industry designed its systems around technology risk and never adopted the...
Binance tracked assets climb $3.4 billion in two days after post-hack withdrawal restart
Binance's swift asset recovery post-hack highlights its resilience and underscores the critical importance of maintaining user tru...
Coinbase says 99% of customer assets sit in cold storage after Binance’s $6.3 billion breach
Coinbase says 99% of customer assets are in cold storage and it wasn't affected by the $6.3 billion Binance hack.