Launched in 2015, the platform also recorded a doubling of its user base in the last six months compared to the same period last year DUBAI: Dubai-based digital asset platform BitOasis saw trade volumes exceeding $3 billion during the first half of 2021 – a positive sign for the...

Crypto property purchases are usually cash purchases; the cryptocurrency is converted into cash at a crypto exchange house before the transfer Some developers and real estate brokers in Dubai are telling investors that they will accept cryptocurrency as part of the purchase price for...

In July, miners earned almost a billion dollars on bitcoins, at the end of the month their profit amounted to 971.8 million dollars. This is more than in June — then the revenue was equal to 839 million. This is reported by the portal The Block. However, the record figure was...

BTC strongest since June, ETH at three-week peak HONG KONG/SINGAPORE: Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive comments from influential investors might signal a...

Bitcoin, the largest cryptocurrency, fell more than 6% last month LONDON- Trading volumes at major cryptocurrency exchanges fell by more than 40% in June, research showed on Monday, with a regulatory crackdown in China and lower volatility among the factors depressing activity....

Police officials urged the public to be cautious and not to be deceived by offers promising fast money ABU DHABI: The Abu Dhabi Police (ADP) warned the public about an advertisement sent recently to many people offering cryptocurrency trading services. It also urged the public to...

ADGM-licensed Finamaze says the two themes were in response to investor demand for stabilised daily performances in the cryptocurrency space, as well as concerns about inflationary tensions building up in markets Digital wealth manager Finamaze has launched two new investment themes –...

The Bitcoin Fund invests in long-term holdings of Bitcoin as a safer alternative to direct investments in the cryptocurrency The Bitcoin Fund listed on the Nasdaq Dubai exchange on Wednesday, the first of its kind to trade in the Middle East as cryptocurrencies grab attention globally....

The blockchain platform, the first of its kind in the GCC, aims to make investing in property a mass market product Dubai-based Aqarchain, a subsidiary of real estate crowdfunding portal SmartChain, is set to launch an end-to-end blockchain platform on open-source blockchain network,...

The huge amount of electricity needed to mine cryptocurrencies will likely exclude them from investors that need to comply with ESG guidelines DUBAI: Bitcoin mining uses as much electricity as the entire UAE, S&P estimates. The huge amount of electricity needed to mine...