cryptocurrency

NEWS DESK

Bitcoin Stabilizes After 2024 Surge as Traders Weigh Regulatory Concerns and Slower Rate Cuts – Century Financial

News Desk 1 02/01/2025 0

Oil prices experienced an uptick on Thursday following the release of data indicating a decline in U.S. oil inventories last week. Traders, however, remained cautious as they contemplated the market outlook for the upcoming year. The American Petroleum Institute (API) reported on Tuesday that

NEWS DESK

Cryptocurrency Market Reacts to Fed’s Expected Rate Cut; Bitcoin Falls from All-Time High – Century Financial

News Desk 1 18/12/2024 0

Bitcoin slipped on Wednesday after a three-day winning streak and a record high, as the digital currency saw profit-taking ahead of a Federal Reserve interest rate decision. Bitcoin fell 2.4% to $103,688.0, after breaching the $108,000 level a day earlier. The largest cryptocurrency reached an all-time high of $108,244 for a brief period on Tuesday. This […]

NEWS DESK

Bybit to Host Exclusive Forum: Bridging Islamic Finance and Cryptocurrency

News Desk 1 01/11/2024 0

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce an exclusive forum dedicated to exploring the intersection of Islamic finance and cryptocurrency. This event will take place on November 18, 2024, at 6 PM Dubai at Bybit’s Dubai office. The educational forum will feature esteemed speakers, including Dr. Muhammad Yusuf Abu

NEWS DESK

Bitcoin and Gold Both Poised for Growth – Century Financial

News Desk 1 16/10/2024 0

Bitcoin (BTC), the world’s largest cryptocurrency by market value, surged over 3% to reach $67,200 on Wednesday, its highest level since July, driven by investor enthusiasm and political developments in the US. Market optimism was fueled by strong participation in Trump-backed WLFI tokens and anticipation of crypto-friendly regulations as the US presidential elections

NEWS DESK

Gold Prices Surge 1% as U.S. Consumer Confidence Hits New Low – Century Financial

News Desk 1 25/09/2024

Gold prices surged over 1% in yesterday’s trading session after the U.S. consumer confidence data fell unexpectedly in September to 98.7, marking the biggest drop since August 2021. The decline is attributable to concerns about the labour market. The percentage of consumers reporting a robust job market decreased for the seventh consecutive month to 30.9%, […]

Cybersecurity Gitex

Chainalysis: Romance and address poisoning scams on the rise

News Desk 2 01/09/2024 0

As average lifespan of scams falls Cryptocurrency-related scams are surging in 2024, with billions of dollars flowing into fraudulent schemes, according to a new study by Chainalysis. The study by the New York, US-headquartered blockchain data company reveals that these scams are evolving, significantly shifting toward more targeted attacks. Chainalysis’ report

NEWS DESK

INFINITY Group creates revolution by launching FINY Coin

News Desk 1 28/08/2024

INFINITY Group, a Dubai based future focused diversified group of companies has launched FINY COIN on August 25, 2024, a blockchain-enabled cryptocurrency that is set to improve the new digital dollar by replacing physical currencies in the future. The launch of FINY COIN is in line with the UAE Government’s vision for innovation and digital […]

NEWS DESK

Leading Cryptocurrency, BONK, Named Presenting Partner for Baseball United’s Inaugural Season

News Desk 1 16/08/2024

Dubai-based Baseball United, the first professional baseball league focused on the Middle East and South Asia, announced BONK DAO, as the Official Presenting Partner for the league’s inaugural 2025 season. In addition to the first season, BONK will also serve as the Presenting Partner for Baseball United’s upcoming national team tournament, the Arab Classic, as […]

NEWS DESK

Gold Sees Steepest Drop in Two Weeks Despite Robust Demand – Comments from Century Financial

News Desk 2 09/07/2024

The ADX General is declining slightly to 9,128.59 in Abu Dhabi in early trading. Aldar Properties PJSC contributed the most to the index decline, decreasing 0.9%. Emirates Driving Co. had the largest drop, falling 2.4%. The DFM General Index opened slightly higher at 4,082.11 in Dubai. Emaar Properties PJSC contributed the most to the index […]

NEWS DESK

Bybit Launches Miner’s Points Plaza: a $1 Million Prize Pool to Celebrate Bitcoin Halving

News Desk 1 26/03/2024

Bybit, one of the world’s top three cryptocurrency exchanges, has launched the Miner’s Points Plaza in celebration of the Bitcoin halving. This event, designed as a game, allows users to complete fun tasks, earn points, and mine a prize pool of 2 BTC. Why Bitcoin Halving Matters The crypto community is gearing up for the […]

NEWS DESK

Sha Zhu Pan Scammers Use Fake Cryptocurrency Trading Pools

News Desk 1 30/09/2023

Sophos, a global leader in innovating and delivering cybersecurity as a service, today released findings on a major shā zhū pán (pig butchering) operation utilizing fake trading pools of cryptocurrency (liquidity pools) to steal more than $1 million. The report, “Latest Evolution of ‘Pig Butchering’ Scam Lures Victim in Fake Mining Scheme,” details the story […]