The largest token fell as much as 4.5 per cent on Wednesday Bitcoin dropped below the closely watched $30,000 level amid a wider retreat in crypto prices as concerns about inflation prompted a bout of caution in global markets. The largest token fell as much as 4.5 per cent before...

Bitcoin’s revival has helped the digital-asset market add about $390bn in value in 2023 after a $1.5tn rout last year Bitcoin is hurtling toward a quarterly gain bigger than any since the start of 2021, the year when it went on to hit a record high. Some analysts argue the token...

UAE set to open world’s first freezone dedicated to digital and virtual asset companies The UAE will open the world’s first freezone dedicated to digital and virtual assets companies. Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, has...

Crypto Oasis hosted top organisations and players in the regional ecosystem for its annual Ecosystem Night Crypto Oasis hosted top organisations and players from the global industry at its annual Ecosystem Night on March 2, 2023. The event aimed to celebrate the most recent...

With the recent surge in loan defaults and plunge in cryptocurrencies, the value of new generation machines has dropped 85 per cent Crypto lenders have repossessed so many Bitcoin mining rigs they’re resorting to plugging them in and extracting tokens themselves. Lenders are...

Dubai is the most crypto-ready city in the Middle East According to a report by Recap, a specialist in cryptocurrency asset management, Ubai is the second most ready for cryptography city in the world. Dubai was second only to London in the ranking of global centers most suitable...