Crypto

Sport Web 3.0

Crypto Fight Night to entertain on December 6

News Desk 2 04/12/2024 0

With 2 major web3 influencers A highly anticipated crypto and combat sports event is set for December 6, 2024, in Dubai. Crypto Fight Night (CFN) will bring together two major web3 influencers for a thrilling showdown: Ansem, known as “The Solana Guy,” and BitBoy, whose real name is

NEWS DESK

Saudi Woman Makes History: Patents World’s First Non-Depreciating Crypto Asset

News Desk 1 27/11/2024 0

Quintes Protocol is set to redefine decentralized finance (DeFi) with its innovative no-depreciation cryptocurrency model. Now protected by a newly-secured Patent Cooperation Treaty (PCT) PCT/IB2024/061188 from the World Intellectual Property Organization (WIPO), this groundbreaking protocol offers a unique approach to perpetual asset growth, ensuring long-term value

NEWS DESK

Crude Oil and Bitcoin Surge Amid Geopolitical Tensions and Crypto Optimism – Century Financial

News Desk 1 20/11/2024 0

Crude oil futures in European morning hours Wednesday were climbing higher as the escalating geopolitical situation around Russia continued to dominate. Moscow has threatened to respond after Ukraine fired a US long-range missile into Russian territory, coming after the Biden administration lifted restrictions on their use. The Kremlin also announced a change in its

Blockchain & Cryptocurrency Thought leadership

Cryptocurrency market optimism rises ahead of Donald Trump’s second term

News Desk 2 17/11/2024 0

By Lorien Carter, Research Analyst at Juniper Research As Donald Trump prepares to assume office for a second term in January 2025, significant attention is turning to his cryptocurrency and regulatory reform promises. His recent electoral victory has sparked a wave of optimism in the digital currency market, particularly surrounding Bitcoin, which saw an astounding […]

Blockchain & Cryptocurrency

UAE stablecoin usage up 55% YoY

News Desk 2 06/11/2024 0

As new regulations drive market momentum The UAE is witnessing a significant surge in the use of stablecoins as the value of stablecoins transacted in the first half of 2024 reached over $9.8 billion, a 55% increase from the $6.3 billion recorded during the same period in 2023. As a result, stablecoins now dominate the […]

Crypto

UAE crypto market grows 42% YoY

News Desk 2 15/10/2024 0

Boosted by institutional investment and government push The United Arab Emirates (UAE) has solidified its position as the Middle East and North Africa (MENA) region’s third-largest cryptocurrency economy, receiving a staggering $34 billion in cryptocurrencies from July 2023 to June 2024. This remarkable figure represents a 42% year-on-year growth, significantly outpacing

NEWS DESK

Mining Grid Gathers Industry Experts for Its Inaugural Crypto and Blockchain Event

News Desk 1 24/09/2024

Mining Grid, a leading provider of blockchain and BITCOIN Mining solutions, is set to host its inaugural event focused on the booming crypto and blockchain ecosystem in the Middle East. Taking place on September 28, 2024, in Dubai, and sponsored by ICONX the event will feature expert talks and panel discussions. These sessions will explore […]

NEWS DESK

Impact of the Fed rate cut on stocks, crypto and other investments – Noor Capital

News Desk 1 20/09/2024

The Federal Reserve has lowered interest rates at its Sept. 17-18 meeting, decreasing the federal funds rate by 50 basis points to 4.75 to 5.0%. This is likely the first of a string of rate cuts that should help buoy the U.S. economy. Interest rates are one of the biggest tools the Fed has for […]

NEWS DESK

FEG DEBUTS REVOLUTIONARY SMARTDEFI CRYPTO PLATFORM IN THE UAE

News Desk 1 19/08/2024

FEG (Feed Every Gorilla) has officially launched its groundbreaking SmartDeFi platform in the UAE, marking a significant milestone in the decentralised finance (DeFi) industry.  By allowing users to create their own cryptocurrency tokens without needing to involve specialised developers, the most daunting barrier to entry is removed, making the crypto space more

Blockchain & Cryptocurrency Cybersecurity

Chainalysis: Global crypto crime has fallen 19.6% YTD

News Desk 2 19/08/2024 0

Ransomware emerges as a notable exception New research from Chainalysis, the blockchain analysis firm headquartered in New York City, reveals a significant drop in global crypto-related crime. Year-to-date (YTD) illicit activity has decreased by 19.6%, from $20.9 billion to $16.7 billion. Despite the decline in illicit transactions, ransomware has emerged as a notable

NEWS DESK

Bybit and DMCC Extend Successful Partnership, Pioneering New Role to Drive the Growth of Dubai’s Crypto Ecosystem

News Desk 1 13/08/2024

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced the extension of its strategic partnership with Dubai Multi Commodities Centre (DMCC), After a year of successful collaboration, Bybit is  thrilled to announce its new role from a key ecosystem partner to an advisory role, solidifying its position as a leading force in Dubai’s

Thought leadership

Women in the Middle East must seize lucrative blockchain careers

News Desk 2 11/08/2024 0

EXCLUSIVE: By Zina Ashour, Founder, Women In Crypto Arabia The blockchain industry is rapidly transforming the global economic landscape, offering innovative solutions and new career opportunities. This emerging field presents a unique chance for women in the Middle East to break traditional barriers and build successful careers. As the founder of Women in Crypto Arabia,

NEWS DESK

Bybit Report Reveals Explosive Growth in Institutional Memecoin Investments and Strategic Retail Trends

News Desk 2 05/06/2024

Bybit, one of the world’s top three crypto exchanges by volume, has released a new report: “Beyond the Hype: The Realities of Institutional Memecoin Investments.” This analysis illuminates institutional and retail involvement in the memecoin market, providing insights for investors and newcomers. The full report is now available, offering a deep dive into Bybit’s data

Blockchain & Cryptocurrency Business UAE

New York’s Chainalysis Opens Regional Headquarters In Dubai

News Desk 2 17/05/2024 0

Cementing Commitment To UAE’s Crypto Evolution Chainalysis, a global blockchain intelligence platform, has launched its regional headquarters in Dubai. The New York-headquartered company specialises in cryptocurrency investigation and compliance solutions for global law enforcement agencies, regulators, and private sector entities fighting illicit cryptocurrency

NEWS DESK

Bybit Integrates a New Synthetic Dollar to Boost Trading Options

News Desk 2 09/05/2024

Bybit, one of the world’s top three crypto exchanges by volume, has integrated Ethena Labs’ synthetic dollar USDe to be used as collateral for trading activities, and has plans to list further USDe spot pairs in the coming months. The change will allow traders greater capital efficiency, earning yield on base assets while engaged in […]

Blockchain & Cryptocurrency Events

‘Global Blockchain Show Dubai’ Set For April 16 To 17, 2024

News Desk 1 05/04/2024 0

A Convergence Of Innovation And Networking Dubai-headquartered VAP Group will host the highly anticipated ‘Global Blockchain Show Dubai’ at the Grand Hyatt Dubai from April 16 to 17, 2024. With a Web3 community spanning over 120 countries, the event is poised to be a cornerstone in the crypto and blockchain scene. With thousands of participants, […]

NEWS DESK

Middle East Crypto Predictions: Bitcoin to Hit $100,000 by Q1 of 2025?

News Desk 1 14/03/2024

Amidst predictions for Bitcoin to hit the $100,000 mark, the Middle East emerges as an important player on the global crypto scene, in particular, the GCC region, which stands poised to capitalize on recent developments in this sector. According to Ritu Singh, Regional Director of Stone X Group Inc. “The GCC region is primed to […]

NEWS DESK

Bybit Unveils Second Generation of ByBUIDLERs Program

News Desk 1 24/01/2024

Bybit, the world’s third largest crypto exchange by volume, is thrilled to announce the launch of the second generation of its innovative ByBUIDLERs Program.  Building on the resounding success of its original program, Bybit aims to transform more individuals into influential content creators and community influencers in the dynamic world of cryptocurrency. Launched

NEWS DESK

Institutions Have Doubled their Bitcoin Allocations this Year

News Desk 1 05/12/2023

Bybit, the world’s third-largest crypto exchange by volume, has released new research offering analysis of how traders adapt their strategies in fluctuating market conditions. “Navigating Bull and Bear Markets — A Dive Into Asset Allocation,” uses Bybit’s proprietary data and is the first initiated by a crypto exchange. The report provides a detailed examination of […]

NEWS DESK

Bybit’s Fifth Anniversary Celebration Unveils #High5Bybit Personality Test & 1-Million USDT Trading Competition

News Desk 1 27/11/2023

Bybit, the world’s third-largest crypto exchange by volume, is celebrating its fifth anniversary with a unique personality-based trading competition. This initiative invites crypto enthusiasts to discover their trading personalities, gain NFTs, and join their fellows in a team competition that rewards trading prowess. Bybit’s fifth anniversary is an opportunity for