CryptoPhoenix Group secures $380M deal for sustainable Bitcoin mining equipmentHydrocooling tech will power Phoenix Group's $380 million Bitcoin mining expansion. 2 years ago
MiningBitcoin miner Phoenix Group makes $2.47B trading debut in Abu Dhabi rising 50%The miner shares' price surged on its first day of trading following $2.47B IPO 2 years ago
AdoptionHedera Hashgraph to power new environmental asset management serviceHedera Hashgraph's technology underpins Envision Blockchain's bid to transform carbon credit management with UN support. 2 years ago
RegulationPaxos poised to expand global stablecoin operations in Abu Dhabi with regulatory green lightFSRA's provisional nods set Paxos on course to issue stablecoins and expand digital services in Abu Dhabi. 2 years ago
GamingDubai’s web3 gaming sector gets a boost with Wemade collaborationThe collaboration is part of Crown Prince Hamdan bin Mohammed bin Rashid Al Maktoum's quest to make Dubai a global web3 gaming hub. 2 years ago
LegalU.S. prosecutors argue CZ may face up to 10 years and should be detained in the U.S.The prosecutors argued that their decision to allow CZ to remain free until his sentencing does not mean that he poses no flight risk. 2 years ago
MiningPhoenix Group IPO raises $370M, signaling investor confidence in Middle Eastern crypto economyThe miner said its raise was 22 times the projected amount. 2 years ago
ExchangesCrypto.com secures preliminary VASP license from Dubai digital asset regulatorDubai has earned praise from several crypto firms operating in the region for its approach towards the emerging industry. 2 years ago
ExchangesFormer FTX general counsel to launch new crypto exchangeKey witness in SBF trial and ex-FTX counsel spearheads new Dubai-based crypto exchange. 2 years ago
RegulationAbu Dhabi institutes comprehensive regulatory framework for Digital Ledger TechnologyThe Emirate of Abu Dhabi is emerging alongside Dubai as a second crypto hub in the UAE. 2 years ago
AdoptionXRP gains approval from Dubai Financial Services AuthorityRipple also announced that it was working with the National Bank of Georgia on a digital currency as it grows its international presence. 2 years ago
BankruptcyBankrupt FTX seeks court approval to liquidate solvent Dubai subsidiaryFTX Dubai holds approximately $4.5 million in several accounts, according to court filings. 2 years ago
Floyd Mayweather to fight Don Moore in the world’s first-ever NFT sports event in Dubai NFTs · 4 years ago