The recent cryptocurrency market sell-off, which triggered approximately $1.6 billion in liquidations over the past 24 hours, represents the largest deleveraging event in the crypto market since February. However, underlying market data suggests the correction is being driven primarily by
cryptocurrency
BingX, a leading cryptocurrency exchange and Web3-AI company, recently announced a zero-fee trading campaign for BingX TradFi Futures running from April 13 to July 31. It allows users to trade futures on traditional financial assets with no fees, while ensuring that partners and affiliates continue to receive full commissions through platform-funded subsidies. The
BingX, a leading cryptocurrency exchange and Web3 AI company, has reached a major milestone by surpassing 40 million global users. This achievement marks an extraordinary 100% year-over-year growth, cementing BingX’s position as one of the fastest-growing platforms in the industry. Pioneering Innovation in the Crypto Space BingX is at the forefront of
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced that it has officially secured the Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE). Bybit became the first crypto exchange to obtain this full license from the SCA, marking a historic milestone in the
Just weeks after Gulf Craft announced its acceptance of cryptocurrency as a payment method, SilverCAT, the power catamaran brand within the group portfolio, has successfully completed its first-ever boat sale in Europe paid in cryptocurrency (USDT). This landmark sale highlights the brand’s forward-thinking vision and commitment to embracing digital innovation in the
Bitcoin crossed the $120,000 level for the first time on Monday, marking a major milestone for the world’s largest cryptocurrency as investors bet on long-sought policy wins for the industry this week. Starting on Monday, the U.S. House of Representatives will debate a series of bills to provide the digital asset industry with the nation’s […]
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been writing a new page of central exchanges’ (CEX) security playbook in its battle against cyber attacks. Apart from the on-going fund recovery mission, Bybit has revealed a three-dimensional revamp of its safety guardrails: security audits, wallet fortifications, and infosec upgrade. In
The crypto market, while still slowed down, is seemingly stabilising after going through a rough April. Stepping into May, the markets are showing signs of consolidation. Bitcoin reflected a minor price dip of 0.17 percent to trade at $94,920. Bitcoin showed strong resilience at lower levels, fueled by continuing Bitcoin ETF inflows and increasing whale […]
Bitget, the leading cryptocurrency exchange and Web3 company, has published an open letter by its Chief Legal Officer, Hon Ng, which highlights the exchange’s efforts in global regulatory compliance and expansion. The CEX continues to grow in the global crypto market by securing regulatory approvals and expanding its operations. With a strong focus on
SBC Medical Group Holdings Incorporated (Nasdaq: SBC) (“SBC Medical” or the “Company”) today announced that it has made a decision to purchase Bitcoin (BTC), the world’s most widely circulated cryptocurrency. This purchase, totaling equivalent to 1 billion yen, is part of the company’s strategic initiatives which aim to build a robust financial base that supports […]
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 U.S. oil inventories dropped by 1.4 million barrels last week. Such […]
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 […]
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
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
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%, […]
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
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 […]
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 […]
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 […]
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 […]


























