DMCC Bybit

DMCC, Bybit join forces to propel crypto and Web3 adoption in Dubai

Bybit will offer financial assistance amounting to Dhs500,000 to support new crypto ventures interested in establishing themselves within the DMCC Crypto Centre


Bitcoin faces first monthly drop of 2023 as crypto revival cools

The largest cryptocurrency was steady at $27,630 as of 12:05 pm in Singapore on Wednesday


Bitcoin jumps to more than two-week high

Smaller tokens ranging from Ether to Binance Coin also posted gains

Crypto Oasis

Crypto Oasis identifies over 1,800 Web3 organisations in the UAE

More than 8,650 individuals currently contribute to the crypto, blockchain, metaverse and Web3 ecosystem of the country

Bitcoin sags after its longest streak of monthly gains since 2021

Bitcoin’s 73 per cent rebound in 2023 from last year’s crypto rout has stalled around the $30,000 level


Bitcoin extends recent bout of volatility in climb back toward $30,000

The largest token rose as much as 3.7 per cent on Thursday


Bitcoin trading signal hints at an upcoming leap back above $30,000

Bitcoin dropped about 1 per cent to $28,860 as of 10:42am on Thursday in Singapore


Bitcoin drops about 4%, slips below $30,000 amid crypto selloff

The largest token fell as much as 4.5 per cent on Wednesday


Crypto exchange Bybit opens global headquarters in Dubai

The company also revealed future plans to elevate its global presence with a stronger foothold in the region


Bitcoin stalls near $30,000 after the token’s biggest drop in over a month

The digital currency has jumped 78 per cent this year


Insights: Crypto silver linings to build up in 2023

Focusing on engaging with regulators and policymakers to ensure secure and sustainable growth of the crypto ecosystem is key


Bitcoin climbs past $30,000 for the first time since June 2022

However, it is still down more than 50 per cent from its all-time high in November 2021


Bitcoin breaks above $28,000 for first time since June

Since the start of the year, Bitcoin’s price has risen almost 70 per cent


Metapolis’ Sandra Helou on how the metaverse is revolutionising industries

The co-founder and CCO says that the creator economy will see a lot of individuals start to collaborate with brands and their community

Crypto lenders

Crypto lenders morph into miners

With the recent surge in loan defaults and plunge in cryptocurrencies, the value of new generation machines has dropped 85 per cent

Blockchain solar

Top 5 benefits of investing in blockchain-based solar energy programmes

Blockchain has the potential to spur sustainable development through increased efficiency and reduced environmental impacts


Crypto exchange Kraken shuts Abu Dhabi office, lays off 8 employees

The exchange has suspended support for transactions in the UAE’s currency, but clients in the region will still be able to use other products and services


GIC-backed Chainalysis cuts jobs in latest crypto layoffs

The spokesperson said the cuts are part of a wider reorganisation


Bitcoin jumps to highest since August in post-Fed crypto rally

The largest token rose as much as 2.4 per cent and was trading at $24,020 in Singapore


Binance CEO says customer funds fully backed on crypto exchange

Digital asset platforms are facing a crisis in investor confidence following the collapse of FTX exchange


Where is crypto headed in the next 5 years?

Crypto is an essential long-term investment and is the building block towards a cashless society


UAE developer to facilitate property purchases using cryptocurrencies

The developer aims to create new avenues for investors to diversify their investment portfolio via digital assets


Can Dubai’s growing tech affinity propel its real estate sector?

Dubai’s real estate sector has taken massive strides in terms of sales and investment


Ex-FTX CEO Bankman-Fried arrested in Bahamas as US files charges

More than 100 FTX-related entities filed for US bankruptcy protections on November 11


Europe’s cryptocurrency investment app SwissBorg enters the UAE

The application is said to provide a welcoming environment for first-time crypto investors, offering a wide range of services for novice to advanced users

Changpeng Zhao, founder and CEO of Binance,

Binance CEO Zhao seeks Middle East cash for crypto recovery fund

Details on the size of the fund and the projects to support are still not decided and it’s likely several weeks before the vehicle takes off


Komainu secures MVP licence from Dubai’s Virtual Assets Regulatory Authority

The company can now offer an approved range of virtual asset related services to institutional investors in Dubai


ADGM launches Crypto Hub at Abu Dhabi Finance Week 2022

Holding its third day of sessions, the event under the theme of “Crypto Abu Dhabi”, facilitated the assembly of the global crypto, blockchain and decentralised finance entities


Binance receives licence from Abu Dhabi regulator

The permission will enable Binance to provide custody to professional clients, provided they meet the conditions of the FSP as outlined by FSRA


How Binance and FTX sent shockwaves through the crypto world

Binance Holdings is now set to acquire FTX.com in what would be a radical consolidation of power in the crypto world