Crypto

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

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

NEWS DESK GCC UAE

UAE-Based Bybit Achieves ‘AA’ Rating in CCData’s Crypto Exchange Benchmark Report

News Desk 1 06/11/2023

Bybit, the world’s third most visited crypto exchange, has secured an ‘AA’ rating in the latest CCData Crypto Exchange Benchmark Report. Bybit achieved the top grades in both Spot and Derivatives trading — the only centralized exchange to receive ‘AA’ in both categories. CCData’s comprehensive Exchange Benchmark serves as a critical tool for assessing the

NEWS DESK

New crypto product ‘SuperFrank (CHFP)’ poised to revolutionise MENA’s cryptocurrency market

News Desk 1 24/10/2023

VEROBLOCK.io, a company founded by the prominent investment group, WOOD & Co., and Igor Pauer, a renowned blockchain and cryptocurrency expert, launched its first ever game-changing cryptocurrency product, SuperFrank (CHFP). The product is being showcased at the Blockchain Life 2023, one of the largest international events on Web3, cryptocurrencies, and mining –

NEWS DESK

UAE-based crypto-giant Bybit Introduces Master Trader Bootcamp

News Desk 1 24/10/2023

Bybit, the world’s third most visited crypto exchange, is thrilled to announce the industry’s first funded program for crypto copy trading with the launch of its highly anticipated Master Trader Bootcamp, where participants can join for free. This initiative empowers traders to unlock their full trading potential while offering the opportunity to earn up to […]

NEWS DESK

UAE Leads GCC in Employee Crypto Withdrawals

News Desk 1 23/10/2023

Deel, a global HR platform driving the evolution of remote work has unveiled new research revealing the UAE is the frontrunner regarding employee cryptocurrency withdrawals within the GCC. The new findings are in line with the UAE’s forward-looking approach to embracing innovation in the financial sector and creating regulatory frameworks that enable users to embrace

NEWS DESK

Leading Turkish Crypto Exchange Bitay Marks an Expansion Into UAE

News Desk 1 02/10/2023

DUBAI, United Arab Emirates — Bitay.com, Turkiye’s leading cryptocurrency exchange established in 2018, has begun offering its services to crypto investors in the United Arab Emirates (UAE). The exchange empowers crypto investors to trade over 850 pairs and over 350 cryptocurrencies, using more than 20 local currencies, extending its reach to over 200 countries, including

Blockchain & Cryptocurrency Business

Bybit offers investos a new gateway at Token2049

News Desk 1 22/09/2023

Ben Zhou, co-founder and CEO of Bybit, the world’s third most visited crypto exchange, has taken to the stage at Token2049 to offer a world-class gateway to the crypto market for institutions and retail investors. Speaking on the main stage at Token2049, the world’s premier crypto event in Singapore, Zhou talked about his vision for […]

Blockchain & Cryptocurrency Tech

Technology Innovation Institute unveils software library for cryptographic hardness estimation

News Desk 1 13/09/2023 0

CryptographicEstimators assesses Post-Quantum Cryptography schemes’ security The Technology Innovation Institute (TII), a leading global scientific research centre and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), has announced that its Cryptography Research Center (CRC) has launched CryptographicEstimators, the world’s first

Tech

CryptoRom Scammers Add AI Chat Tool, Like ChatGPT, and Fake Hacks on Crypto Accounts to Their Toolset, Sophos Finds

News Desk 2 08/08/2023

Dubai, United Arab Emirates – August 8, 2023 – Sophos, a global leader in innovating and delivering cybersecurity as a service, today released new findings on CryptoRom scams—a subset of pig butchering (shā zhū pán) schemes designed to trick users of dating apps into making fake cryptocurrency investments—in its latest report, “Sha Zhu Pan Scam […]

Blockchain & Cryptocurrency GCC UAE

UAE-based Islamic Coin Gains Over 1.3M Users, Paves the Way for Halal Crypto Investments

News Desk 2 12/06/2023

The world of crypto is rife with risky investments. Many new coins and services ask for financial contributions with little guarantee of return, and stories of crypto investors losing large sums make headlines frequently. There is a problem of ethics and reliability in the crypto world that has proven difficult to resolve. The Haqq network, […]

Business

Crypto 1 Announces Its $500M C1 Secondaries Fund in Blockchain, Crypto and Web3 Companies

Middle East News 247 30/03/2023

DUBAI, United Arab Emirates — Crypto 1 announces the founding of the C1 Secondaries Fund (the “Fund”), a newly incorporated investment fund targeting $500M investing in secondaries in Blockchain, Crypto, Web3 and FinTech companies. The C1 Secondaries Fund is a regulated private investment fund formed for the purpose of investing in secondaries asset acquisition –

Business

ReFi Crypto Currency Xrp Classic Develops Eco-Friendly Blockchain Technology

Middle East News 247 16/01/2023

DUBAI, United Arab Emirates — Created as a carbon-free, eco-friendly regenerative finance (ReFi) blockchain, Xrp Classic has completed its Fair Launch in December 2022. It has received confirmation from SolidProof on credibility and contract software authenticity. The ReFi crypto currency is listed on Coinmarketcap, with the ultimate goal of integrating its ReFi blockchain

Finance Bahrain GCC NEWS DESK

Bahrain’s Central Bank Set to Test a Crypto Payment Solution

News Editor 07/10/2022 0

The Central Bank of Bahrain (CBB) has announced its plans to test out a bitcoin payment solution with OpenNode, a crypto payment processor. The test is expected to be carried out through the bank’s regulatory sandbox. The Central Bank created the regulatory sandbox in 2017 with the aim that the sandbox will help the country’s fintech firms […]