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
Crypto
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
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
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
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,
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
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
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 […]
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, […]
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 […]
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
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 […]
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
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
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 –
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 […]
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
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
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 […]
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





























