#cryptocurrency

Bitcoin

Bitcoin surges above $42,000 for first time since April 2022

The cryptocurrency is up more than 150 per cent in 2022 alone and there’s now further momentum in this market amid hopes around future interest rates.

FTX founder Sam Bankman-Fried

Sam Bankman-Fried convicted of multi-billion dollar FTX fraud

The jury reached the verdict after just over four hours of deliberations

Fluent Finance to develop stablecoin technologies in the UAE

Fluent Finance to develop stablecoin technologies in the UAE

The web3 company is piloting the Fluent Economic Bridge platform in Kenya and plans to develop a digital trade corridor with the UAE

FTX founder Sam Bankman-Fried

FTX founder Sam Bankman-Fried heads to trial in the US: A timeline

Sam Bankman-Fried’s fraud trial kicked off on Tuesday and marks the culmination of a year-long legal saga

Bybit TradeGPT

Bybit’s TradeGPT to offer AI-powered trading assistant

The platform can offer market strategies in terms of percentage chance and also recommend the right products

Binance Bahrain

Binance launches crypto futures in Bahrain

Binance Bahrain BSC is the first regulated exchange in the region to offer these services and the only exchange with a CAT4 licence

BitOasis

BitOasis secures new investment from India’s crypto exchange CoinDCX

This is CoinDCX’s first investment into the MENA region

Islamic Coin

Islamic Coin announces token sale; appoints Republic as Web3 advisor

Republic Crypto will help engage with potential strategic partners, exchanges and market makers

crypto

On-chain segmentation: Unlocking insights for the region’s rising crypto exchanges

How do exchanges survive and thrive in an increasingly competitive market? We take a look…

Nomura

Nomura’s digital-asset subsidiary gets full Dubai crypto licence

Laser Digital Middle East will be able to offer virtual asset broker-dealer and investment management services locally

Bitcoin drops below $29,000 for the first time in over a month

The largest digital-asset by market value fell as much as 4.2 per cent

crypto currency

Kuwait bans cryptocurrency, crypto mining and transacting in virtual assets

The country’s Capital Markets Authority placed a prohibition on the use of digital currencies in making payments

Islamic Coin

Islamic Coin secures $200m funding from ABO Digital

The total funding has reached $400m

Bitcoin

Bitcoin set for best week since March fuelled by speculation over ETFs

The token edged below $30,000 as of 10:05am Friday in Singapore

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

VARA fines OPNX

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

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

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

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

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

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

Bybit

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

Token

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

Crypto

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

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

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

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