Tether to issue AED Stablecoin on TON blockchain

Tether to issue AED Stablecoin on TON blockchain

On the same day that Tether the issuer of the USDT stablecoin announced that USDT is now on TON Network on MobeeID, Alessandro Giori, Tether’s... Details
UAE M2 crypto exchange resolves $13 million hack in 16 minutes

UAE M2 crypto exchange resolves $13 million hack in 16 minutes

On October 31st, UAE crypto exchange M2, underwent a cybersecurity breach involving $13.7 million but was able to quickly address the incident within 16 minutes.... Details
Bahrain Beyon Money partners with Crypto.com for digital payments and AI

Bahrain Beyon Money partners with Crypto.com for digital payments and AI

Bahrain based Beyon Monay, and Crypto.com have partnered to enhance transaction solutions and explore innovative opportunities in digital payments and AI. As per the press... Details
UAE Commercial Bank International partners with Zumo digital assets as a service platform

UAE Commercial Bank International partners with Zumo digital assets as a service platform

UAE Commercial Bank International (CBI), a leading UAE bank, has partnered with Zumo, an award-winning digital-assets-as-a-service platform registered with the UK Financial Conduct Authority (FCA)... Details
UAE Phoenix Group reports $35.9 million in revenues from crypto mining, a 7% quarter decline

UAE Phoenix Group reports $35.9 million in revenues from crypto mining, a 7% quarter decline

UAE's multi-billion dollar tech conglomerate, Phoenix Group PLC, listed on the Abu Dhabi Securities Exchange (ADX: PHX) has announced its Q3 2024 results, reporting core... Details
UAE licensed crypto exchanges target Institutional Investors with new products and offerings

UAE licensed crypto exchanges target Institutional Investors with new products and offerings

In just 24 hours several crypto exchanges licensed in the UAE have been promoting new offerings and campaigns targeting professional and institutional traders. OKX, Binance,... Details
RAIN Crypto broker appoints new General Manager for Bahrain

RAIN Crypto broker appoints new General Manager for Bahrain

Rain crypto broker in Bahrain has appointed a new General Manager, replacing Mohamed Ateeq, its previous GM of four years. In an Instagram post Rain... Details
UAE Zand Bank at the center of a BRICS stablecoin

UAE Zand Bank at the center of a BRICS stablecoin

IDA, a Hong Kong-based stablecoin issuer, has partnered with UAE Zand Bank, the first fully licensed all-digital bank to offer cost-effective and efficient cross-border transactions... Details
OKX to use Standard Chartered for crypto custody

OKX to use Standard Chartered for crypto custody

OKX, cryptocurrency exchange and global onchain technology company, will be utilizing Standard Chartered, cross-border bank connecting the world's most dynamic markets, as a third-party crypto... Details
UAE, Argentina, and Ethiopia mine Bitcoin using government resources

UAE, Argentina, and Ethiopia mine Bitcoin using government resources

Matthew Sigel, Head of Digital Assets Research at VanEck Investment firm speaking on CNBC SquakBox noted that three new BRIC members, Argentina, UAE, and Ethiopia... Details