The Abu Dhabi Blockchain and Virtual Assets Committee emphasised the significance of regulating blockchain and virtual asset operations to adhere to anti money laundering
The quantity of the world’s largest token, Bitcoin, bought on the members-only exchange was four times higher than April
The largest crypto was little changed at $21,330 as of 7.40am in London on Monday
Cryptocurrencies have been battered this year as the Fed hiked rates amid elevated inflation readings
The partnership will help break new ground and drive awareness about blockchain technologies in the Arabic speaking community
Core Scientific, Marathon Digital Holdings and Riot Blockchain posted net losses of $862m, $192m and $366m, respectively
The largest cryptocurrency rose as much as 2.2 per cent on Sunday to $25,031, its highest level since June 13
Ether’s native token, the second-largest cryptocurrency by market capitalisation, rose around 8 per cent to trade at $1,828 as of 10:17am in New York
The UAE is one of the fastest growing cryptocurrency markets in the world generating transactions worth $25bn
The software system was drained of funds over hours and in small batches by various accounts, blockchain data shows
The largest token dropped as much as 5.4 per cent on Tuesday in Asia and was trading at $21,073
The collection features 150 free digital assets that symbolise the force’s innovation, security and communication values
The NFT digital artwork collection has three categories – Dubai Sprinters, Hall of Fame and DWC Runners
As with any new technology, some misconceptions remain over cryptocurrencies. Here are the three most common ones
Ether jumped as much as 10.7 per cent on Tuesday in Asia, while Solana added 13 per cent and Polkadot about 7 per cent
The drop-off in trading volume has taken place across many platforms, including Binance, OKX and FTX
Bitcoin has struggled since hitting a high near $69,000 in November
OKX has been granted a provisional virtual assets licence to provide services to qualified investors in the UAE
The marketplace is part of a push by Gamestop chairman Ryan Cohen to expand its array of digital services and online products
Large amount of money is streaming into the metaverse and many enthusiasts and domain experts anticipate this trend will continue to increase
Bitcoin is more likely to tumble to $10,000, cutting its value roughly in half, than it is to rally back to $30,000
Alves launched the NFT drop of his trophy collection, in conjunction with Dubai-based ColossalBit and British luxury watchmaker Backes & Strauss
Assets under management for crypto investment products in June reached a record low
The Decentralised Investment Group (DIG) has partnered with Bron Studios to create a Hollywood NFT Collection linked to a much-anticipated movie series
Bitcoin has been sinking along with riskier assets in recent months
It appears to have found support around its 200-week moving average, which currently sits near $1,200
Bitcoin is down about 57 per cent since the start of the year
This will allow it to continue operating in Dubai while it completes the in-depth process of applying for a licence, as required by VARA
The company plans to lay off roughly 1200 employees, ending the current quarter with about 5,000 employees
The transactions were stuck because they were submitted to the exchange with low transaction fees