Cryptocurrency
UAE’s crypto ecosystem thrives amid regulatory clarity, key partnerships
The UAE is reinforcing its position as a global cryptocurrency powerhouse, with its digital assets sector experiencing exponential growth driven by progressive regulation, institutional adoption, and high-profile partnerships. According to…
Abu Dhabi-backed investor buys into Binance with $2 billion of crypto
Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on Wednesday, deepening ties between the world's largest crypto exchange and the United…
Why did Trump’s crypto reserve bid backfire on market?
Crypt market experts said the short-term investor disappointment paired with ongoing macroeconomic concerns related to import tariffs.. Photos by File photo Cryptocurrency prices continued to plummet on Monday as volatility…
GCC crypto ecosystem gets closer to mainstream with new offering
The launch of a cryptocurrency offering by Emirates NBD’s digital banking platform, Liv, marks a watershed moment for GCC crypto ecosystem, according to banking industry experts. As the UAE’s second-largest…
Trump family held deal talks with Binance’s US arm, WSJ reports
Binance founder Changpeng Zhao, who served four months in prison after pleading guilty to violating anti-money-laundering requirements, has been pushing for clemency from the Trump administration. Photos by File photo…
Bitcoin recovers as markets cheer possible softer Trump stance on tariffs
Bitcoin surged to $87,470, its highest level since March 7, as positive sentiment rippled through the market. Bitcoin jumped at the start of the week as investors cheered reports suggesting…
Bitcoin erases all of its gain that followed Trump’s crypto reserve announcement
Risk assets including cryptocurrencies suffered steep declines on Monday and Tuesday as traders grappled with concerns that proposed tariffs were on track to take effect. That overshadowed the exuberance around Trump's…
CEO of Abu Dhabi-based Phoenix Group hikes stake in the company
Phoenix Group PLC, the Abu Dhabi-based multi-billion-dollar global technology, announced on Monday, March 10, that its CEO & Co-Founder Munaf Ali has significantly increased his stake in the company. The company also…
Analysis: Inside the $1.5bn Bybit hack – ‘The largest digital heist in crypto history’
The $1.5 billion cryptocurrency theft from Bybit last week marks an unprecedented milestone in digital asset security breaches, according to blockchain analysis firm Chainalysis. “The Bybit hack of $1.5 billion…
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