Bitcoin (BTC) reigns supreme: BTC remains the top asset for Bybit users, surging to 27.5% of total holdings (up from 25.7% in April). This increase coincides with the Bitcoin halving in April, which …
Bybit bags Dubai’s VARA VASP approval, new projects coming in?
Bybit secured Provisional Approval from Dubai’s VARA for its Virtual Asset Service Provider license, strengthening its presence in the region.
UAE to Allow VASPs Licensed in Dubai to Operate Across the Country
The UAE’s Financial Services Authority will work with Dubai’s Virtual Asset Regulatory Authority to streamline Dubai-based crypto businesses’ entry into operating nationwide. The United Arab Emirates …
MicroStrategy continues bitcoin buying spree, lifting holdings to $9.45 bln
Software firm MicroStrategy acquired bitcoin worth $1.11 billion between Aug. 6 and Sept 12, boosting its total holdings of the world’s biggest cryptocurrency to roughly $9.45 billion.
QNT, FTM, OM lead altcoin rally as sentiment around Bitcoin turns positive
QNT, FTM, and OM surge as Bitcoin’s rebound triggers a broader market rally, turning the altcoin landscape green with optimism.
MENA Bitcoin analysts weigh in on IMF crypto taxation solution
Lin, two executives from the IMF recently noted that crypto mining and data centres now account for 2% of global electricity use and nearly 1% of global emissions. They added that mining footprint is …
Standard Chartered Bank Announces Digital Custody Service for Bitcoin, Ether in UAE
Jones, Global Head of Financing and Securities Services at Standard Chartered, said that the service goes beyond simple wallets.
XRP Healthcare Enters The Limitless World Of AI
With the XRPH AI Chatbot, XRP Healthcare is enabling users to access personalized healthcare advice from anywhere in the world. By combining traditional and holistic medical insights, the chatbot …
XRP Healthcare Enters The Limitless World Of AI
With the XRPH AI Chatbot, XRP Healthcare is enabling users to access personalized healthcare advice from anywhere in the world. By combining traditional and holistic medical insights, the chatbot …
Ripple announces NYU Abu Dhabi partnership extension cresearch in the UAE
This extension solidifies Ripple’s commitment to advancing blockchain research by supporting innovative student initiatives in the region, bringing the total funding grant to over $1 million in suppor …
Cardano and Quant Network Activities Surge Amid Price Drops
Activity on the Cardano and Quant networks has significantly increased despite ongoing price declines for these cryptocurrencies. This uptick in network activity, coupled with a broader altcoin market …
Tether Invests $100M In Agricultural Giant Adecoagro, Expands Beyond Bitcoin Mining, AI Investments
Stablecoin issuer Tether (CRYPTO: USDT) on Monday announced its first venture into the agricultural sector by acquiring a 9.8% stake in Adecoagro, a Latin American agricultural leader. What Happened: …
Meet the taxi driver in El Salvador who got rich with Bitcoin
“Before I was unemployed… and now I have my own business,” said the 39-year-old businessman, who uses an app to charge for rides in Bitcoin and now runs his own car rental company.
XRP steady as Ripple boosts cross-border payments and co-founder backs Kamala Harris
Ripple (XRP) is holding strong with recent developments including updates on Ripple’s cross-border payment solutions and key legal victories, bolstering investor confidence.
BRICS Summit 2024: 54 Nations to Attend, Ditching the US Dollar – Is Bitcoin Adoption Next?
About 54 nations are set to attend the highly anticipated BRICS 2024 Summit scheduled for next month. A major discussion at the event would focus on reducing US dollar trade settlements within the …
Bybit Web3 Kicks off Babylon Season With Unprecedented Access and Rewards, Uplifting Liquidity in BTC Ecosystem
From now to Sep. 20, 2024, six of the industry’s top projects—PumpBTC, Solv, B² Network, pStake, Bedrock, and Babypie enter Babylon Season with bountiful rewards. Bybit Web3 promises to offer the …
Ripple and DIFC Partner to Boost Blockchain Innovation in Dubai
Ripple partners with DIFC Innovation Hub to drive blockchain adoption in UAE. Ripple’s 1B XRP fund supports global blockchain development.