Bitcoin ETFs attract investments despite price drop In June, spot bitcoin ETFs recorded net inflows of $790 million despite a 7% drop in BTC price. BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) led …
To a BRICS CBDC or not a BRICS CBDC; replacing the petrodollar, that is the question
The BRICs countries announced in March 2024 that they have plans to develop their own payment system the next three years, with more countries joining, the recent being Malaysia. In a report by the …
OKX Wallet Now Integrated with NEOPIN
It provides diverse multi-chain products with competitive high yields and is developing a DeFi regulatory framework in cooperation with the UAE government. This integration brings significant benefits …
Crypto Roundup: Block’s BTC Move, Coinbase’s New Partnership, and Solana’s Rise
Cryptocurrencies have experienced a minor rally over the past week, shedding some of the jitters from the selloff that began earlier this month.
Donald Trump gets $1M Ethereum donation from Kraken co-founder
Jesse Powell, co-founder of Kraken, has made a $1M Ethereum (ETH) contribution to the 2024 presidential campaign of Donald Trump.
Kraken Co-founder Jesse Powell Donates $1M in Crypto to Trump’s Campaign
Trump’s presidential campaign has garnered more crypto support through donations since the recent legal battle.
Web3 Company Redacted Raises US$10 Million in An Investment Round Co-Led By Spartan Group, With Participation From Saison Capital, Animoca Brands, and Polygon Ventures
Web3 company Redacted has raised $10 million in a funding round co-led by Spartan Group, with participation from Saison Capital, Animoca Brands, and Polygon Ventures.Harnessing the power of blockchain …
Binance expands its Middle East presence: What’s next for BNB?
Binance received a license to operate in Dubai under new regulations. BNB’s price remained stable, but sentiment around the token declined. In a move towards regional compliance, cryptocurrency …
Binance Tackles Account Misuse with Stringent Security Measures, Plans to Suspend Violators
How Will the UAE Accounts Comply with the New Regulations? Meanwhile, Binance revealed a vital update after securing a Virtual Asser Service Provider (VASP) license in Dubai. According to the update, …
Bybit Beats Coinbase; Becomes Second Largest Crypto Exchange
Dubai-based crypto exchange, Bybit, beat Coinbase to take the crown of the second largest centralized exchange in the industry based on volume.
Bybit Becomes 2nd Largest Exchange Globally after FTX Collapse
The Bybit crypto exchange is now second globally by trading volume after attracting former FTX clients and expanding in Europe and Russia.
Crypto Exchange Bybit Grabs Global Spotlight in Void Left by FTX
A crypto exchange run by Bybit Fintech Ltd. has surged to second spot globally by trading volume after targeting former clients of the defunct FTX platform as well as users in Europe and …
EXCLUSIVE: General manager of Binance FZE in Dubai to leave virtual assets exchange
The general manager of Binance FZE in Dubai, Alex Chehade, is to leave the company after two years at the exchange, sources told Zawya. Chehade, who joined the virtual assets exchange in June 2022 and …
The Protocol: Blast’s $3B Airdrop and Bitcoin’s Mt. Gox Moment
The German government, which holds over 45,000 BTC, including bitcoins seized from a privacy website, transferred 750 BTC valued at over $46 million, with 250 BTC sent to the crypto exchanges Bitstamp …
OKX’s 20Th Monthly Proof Of Reserves Showcases USD22.4 Billion In Primary Assets Backing Customer Funds
report, showcasing USD22.4 billion in primary assets backing customer funds. OKX is among the few exchanges that regularly publish PoR reports each month, demonstrating its continued commitment to …
Exchange Binance issues crucial announcement to UAE users: details
Crypto exchange Binance unveiled a crucial announcement to users in the United Arab Emirates. After acquiring the VASP certificate from Dubai’s Virtual Assets Regulatory Authority, the trading firm …
South Korea crypto investment firm Hashed expands to Abu Dhabi
The UAE has been ramping up efforts to attract crypto companies, already luring operations from Binance, OKX and Nomura’s Laser Digital. In Abu Dhabi, Hub71 also launched a programme with over US$2 …