How do exchanges survive and thrive in an increasingly competitive market? We take a look…
Laser Digital Middle East will be able to offer virtual asset broker-dealer and investment management services locally
The largest digital-asset by market value fell as much as 4.2 per cent
The country’s Capital Markets Authority placed a prohibition on the use of digital currencies in making payments
The total funding has reached $400m
The token edged below $30,000 as of 10:05am Friday in Singapore
Bybit will offer financial assistance amounting to Dhs500,000 to support new crypto ventures interested in establishing themselves within the DMCC Crypto Centre
The largest cryptocurrency was steady at $27,630 as of 12:05 pm in Singapore on Wednesday
Smaller tokens ranging from Ether to Binance Coin also posted gains
More than 8,650 individuals currently contribute to the crypto, blockchain, metaverse and Web3 ecosystem of the country
Bitcoin’s 73 per cent rebound in 2023 from last year’s crypto rout has stalled around the $30,000 level
The largest token rose as much as 3.7 per cent on Thursday
Bitcoin dropped about 1 per cent to $28,860 as of 10:42am on Thursday in Singapore
The largest token fell as much as 4.5 per cent on Wednesday
The company also revealed future plans to elevate its global presence with a stronger foothold in the region
The digital currency has jumped 78 per cent this year
Focusing on engaging with regulators and policymakers to ensure secure and sustainable growth of the crypto ecosystem is key
However, it is still down more than 50 per cent from its all-time high in November 2021
Since the start of the year, Bitcoin’s price has risen almost 70 per cent
The co-founder and CCO says that the creator economy will see a lot of individuals start to collaborate with brands and their community
With the recent surge in loan defaults and plunge in cryptocurrencies, the value of new generation machines has dropped 85 per cent
Blockchain has the potential to spur sustainable development through increased efficiency and reduced environmental impacts
The exchange has suspended support for transactions in the UAE’s currency, but clients in the region will still be able to use other products and services
The spokesperson said the cuts are part of a wider reorganisation
The largest token rose as much as 2.4 per cent and was trading at $24,020 in Singapore
Digital asset platforms are facing a crisis in investor confidence following the collapse of FTX exchange
Crypto is an essential long-term investment and is the building block towards a cashless society
The developer aims to create new avenues for investors to diversify their investment portfolio via digital assets
Dubai’s real estate sector has taken massive strides in terms of sales and investment
More than 100 FTX-related entities filed for US bankruptcy protections on November 11