UAE Abu Dhabi University’s department of computer science and IT has hosted the first 5ire Web3 Blockchain hackathon in collaboration with 5ire and MetaDecrypt. Over 50 teams representing nine universities acros shte UAE participated in a bid to further enhance students’ knowledge of blockchain technology and innovation and to strengthen blockchain education, research and entrepreneurship. ADU’s faculty members and 5ire trainers introduced students and academics to Web3 and blockchain technology, fostering innovation in the next generation of developers through the utilisation of several technologies such as Metamask, NFT, 5irechain, Ethereum and IPFS. In addition, participants from all coding and programming levels received expert guidance, valuable resources and networking opportunities to ignite their critical thinking and problem-solving skills. As part of the event, students attended a workshop focused on Web3 and blockchain technologies, as well as entrepreneurship. Fol

    Once again Bybit is supporting the crypto and blockchain ecosystem in the UAE. Yesterday it was with DMCC crypto center, and today it is with the University of Sharjah. Bybit has contributed $272.000 equivalent to 1 million AE to establish a scholarship fund to support 20 students to accelerate their academic and research career into fintech and blockchain at the American University of Sharjah. 20 computer science and computer engineering students will benefit from the Bybit Scholarship as soon as this fall. Bybit is also committed to broader initiatives including an extra AED 100,000 to sponsor a hackathon for the blockchain community in the UAE. The first AUS-Bybit Inter-College Hackathon will be held at the AUS College of Engineering in the 2023-2024 academic year. “AUS’ reputation as a center for education excellence stems in part from its strong industry links that allows it to continuously bridge gaps between industry and academia. Through this partnership with Bybit

  Despite the dire economic situation and maybe because of it, many startups are turning towards solutions built on blockchain and crypto. Lebanon has become one of the leading countries in MENA region for crypto mining, and crypto trading. Recently, the American University of Beirut witnessed a 48 hour Blockchain Crypto Hackathon which culminated in the success of four Lebanese startups offering innovative crypto blockchain solutions. Organized by the Darwazah Center for Innovation Management & Entrepreneurship (DC) at the Olayan School of Business (OSB) within th American University of Beirut (AUB) in partnership i-Park and Beirut Digital District, four Lebanese crypto blockchain startups were announced as winners.  First prize went to CrypLock, which is working to bring trustless operations to cover over the counter crypto transactions via a digital escrow. The second Prize went to Cash2Coin, which is working to make crypto transaction as easy as ATM operations via stablecoin