Cryptocurrency

$2.3 trillion crypto market reaches new heights, 95 percent more millionaires: Report

The count of Bitcoin millionaires has surged by 111 percent to reach 85,400

ADX-listed Phoenix Group, Tether partner to create UAE Dirham-pegged stablecoin

The value of the global market for stablecoins is currently at $150 billion and is set to grow exponentially to $2.8 trillion by 2028

DMCC, Bybit extend partnership to boost Dubai’s position as global crypto hub

Bybit supported and advised over 20 startups, helping them establish a foothold in Dubai's dynamic crypto landscape in 2023

UAE Banks Federation, ICAEW collaborate to guide businesses in digital currency adoption

The UAE is one of only 36 countries worldwide currently piloting the implementation of CBDCs

DIFC Innovation Hub, Ripple partner to accelerate adoption of blockchain technology in UAE

Partnership to provide the means to drive blockchain and crypto adoption amongst early-stage companies and scale-ups

Abu Dhabi’s IHC reports 46 percent rise in revenues to $11.35 billion in H1 2024

IHC continued to expand its balance sheet with a 37 percent rise in its total asset position to AED362.9 billion

Ethereum ETF: Will other cryptos join the bandwagon?

The approval of Ethereum ETFs brings more legitimacy to cryptos

Ethereum ETFs approved: Another win for cryptocurrencies

Traditional investors can now buy Ethereum without directly dabbling in cryptos

Bitcoin surges to two-week high, rises 3.26 percent to $62,956.60

U.S. ETF launch raised the world's largest cryptocurrency to a record high of $73,803.25 in mid-March

Crypto theft loss doubles to $1.38 billion in first half of 2024: Report

Five incidents accounted for 70 percent of the total amount stolen so far this year