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Web3 wallet Backpack to launch VASP-licensed crypto exchange in Dubai

The Dubai Virtual Assets Regulatory Authority (VARA) has issued a Virtual Asset Service Provider (VASP) license to the crypto wallet Backpack, resulting in the launch of Backpack Exchange. Backpack’s VARA license is limited to crypto exchange services in Dubai and does not allow the company to offer any other of its

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Saudi’s NEOM partners with Animoca Brands for regional Web3 development

Web3 games developer Animoca Brands and Saudi Arabia’s NEOM Investment Fund announced a new partnership on Oct. 30 to drive Web3 development in the region. According to the announcement, the new deal will have Animoca working with NEOM to build Web3 enterprise service capabilities. The planned Web3 services are intended to

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Solana Labs unveils incubator for web3 startups eyeing its network

With the initiative, early-stage projects will get fundraising and other support from the Solana Labs team. Solana Labs, the technology firm behind the Solana network, has announced the launch of a new initiative called Solana Incubator to help grow “the next great companies in the ecosystem.” 1/ Applications are now open to

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Web3 startups kick off Cointelegraph Accelerator second cohort

Cryptox Accelerator, a startup booster that leverages Cryptox’s capabilities as a media and strategic partner, announced its second cohort launching in October 2023 for up-and-coming Web3 startups.Selected from over 1000 startup applications, the 16 participants of the second cohort of the Cryptox Accelerator program represent a wide array of Web3

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