Cryptocoins News / Finance Magnates - 4 days ago
The Middle East has emerged as a hotspot for
cryptocurrency adoption, according to a recent report by Bitget Research. The
average daily number of crypto traders in the region soared to 500,000 in
2024. This figure represents an increase of 166% year...
Bitcoin News / Bitcoin.com - 1 week ago
PRESS RELEASE. Dubai, 15 April 2024 – The Blockchain for Good Alliance (BGA) officially announces its launch today, marking a significant step forward in the mission to leverage blockchain technology for social good. BGA has partnered with leading en...
by COINS NEWS - 3 weeks ago
Someone yesterday just bought 1 billion Dollars of bitcoin. And the transaction fee was 17$. submitted by /u/nethanns [link] [comments]
More / Bitcoin Reddit - 1 month ago
The reason President Bukele made bitcoin legal tender is because he understands how fragile the US dollar system is and he doesnt want his citizens reliant on the dollar. He constantly talks about the fact nothing backs the US dollar. El Salvador had...
Cryptocoins News / Finance Magnates - 2 months ago
Commercial Bank International PJSC (CBI) and Fuze, a
digital asset infrastructure provider, have signed a Memorandum of
Understanding to explore and develop digital asset solutions within the
UAE's comprehensive regulatory frameworks. According to a...
Cryptocoins News / Finance Magnates - 2 months ago
In a monumental stride toward the future of global finance,
the United Arab Emirates (UAE) has achieved a historic feat by completing the
first cross-border payment using the Digital Dirham. This groundbreaking
transaction, initiated by Sheikh Mansou...
Cryptocoins News / Blockchain - 2 months ago
The UAE Central Bank achieved a significant milestone by executing its first cross-border digital dirham transfer worth 50 million dirhams ($13.6 million) to China using the mBridge platform on January 29, marking a new era in digital currency transa...
Cryptocoins News / CoinJournal - 3 months ago
CZ’s travel to UAE was denied by a US judge despite a $4.5B Binance equity offer.
Concerns over flight risk were cited due to Zhao’s substantial wealth and ties abroad.
Sentencing for CZ, facing 10-18 months in prison, is set for Februar...
Bitcoin News / Bitcoin.com - 3 months ago
Phoenix Group, a bitcoin mining and blockchain infrastructure company, recently disclosed its acquisition of $187 million in application-specific integrated circuit (ASIC) bitcoin mining rigs. The purchase was made from Bitmain, one of the leading AS...
Bitcoin News / Bitcoin.com - 4 months ago
United Arab Emirates-based bitcoin miner Phoenix Group PLC has signed an order worth more than $380 million with Whatsminer mining rig maker Microbt. Bijan Alizadehfard described the collaboration with Microbt as a reflection of his company’s “...
Bitcoin News / Bitcoin.com - 4 months ago
Changpeng Zhao, better known as CZ, the founder of Binance, has recently grappled with significant legal hurdles in the U.S. His guilty plea in a notable case led a Seattle federal judge to impose movement restrictions on him.
Former Binance Boss CZ...
Cryptocoins News / The Cointelegraph - 4 months ago
Hong Kong game firm to add $100M of BTC and ETH to treasury, UAE and China strike CBDC deal, Victory Securities starts new HK Bitcoin fund....
Cryptocoins News / The Cointelegraph - 4 months ago
The institute said it adopted a lightweight, efficient blockchain not intended to be computationally wasteful, where trading can be facilitated at...
Cryptocoins News / The Cointelegraph - 4 months ago
The United Arab Emirates increasingly attracts Web3 companies to its jurisdictions, becoming the center of global crypto innovation....
Cryptocoins News / CoinJournal - 4 months ago
IOTA continues strategic expansion with first DLT Foundation in the UAE’
The IOTA Foundation will allocate $100 million to the initiative.
IOTA price was rallying after the news, up 50% at the time of writing.
IOTA’s strategic expansion...
Cryptocoins News / The Cointelegraph - 4 months ago
While eToro received Financial Services Permission (FSP) approval for operating as a securities, derivatives and crypto assets broker, M2 became a fully regulated Multilateral Trading Fac...
Bitcoin News / Bitcoin.com - 5 months ago
Former Binance CEO Changpeng Zhao (CZ) is seeking to dismiss the U.S. government’s motion to prevent him from going home to the United Arab Emirates (UAE) before sentencing. Despite the judge determining that the ex-Binance boss poses no flight risk...