Cryptocurrency

Bank turmoil sparks bitcoin rally to 9-month high

On Monday, Bitcoin, the world’s largest cryptocurrency, hit a nine-month high, driven by growing turmoil…

The value of Bitcoin increased by 9.2%, reaching a price of $27,542

Bitcoin, the world’s largest and most widely recognized cryptocurrency, experienced a remarkable surge of 9.2%,…

Circle cryptocurrency company discloses $3.3 billion exposure to Silicon Valley Bank

US cryptocurrency firm Circle announced that it has an exposure of $3.3 billion of its…

UAE is a favourable environment for digital assets to thrive, says Crypto.com CEO

During a panel discussion on FinTech at the Investopia investment conference in Abu Dhabi, Eric…

The IMF to identify obstacles to debt restructuring and suggested banning cryptocurrencies could be a viable option

During a G20 meeting on Saturday, International Monetary Fund (IMF) Managing Director Kristalina Georgieva stated…

TDeFi, a decentralized finance platform, has partnered with the Dubai Crypto Centre (DCC) to launch a Web3 accelerator program

DMCC, the Dubai-based Government of Dubai Authority on commodities trade and enterprise, has partnered with…

Dubai ranks as the second most crypto-ready city in the world in 2023

According to a report by cryptocurrency asset management specialist Recap, Dubai has been ranked as…

Cryptocurrency platform Genesis files for Chapter 11 bankruptcy

Genesis Global Holdco (GGH), the parent company of bitcoin lending firm Genesis Global Capital, has…

Sam Bankman-Fried, the founder of FTX, denies charges of stealing money

In an odd online blog post, Sam Bankman-Fried, the former CEO of the defunct cryptocurrency…