During 2018, Abu Dhabi Port subsidiary Maqta Gateway launched its own Blockchain solution for imports, exports and other logistical commercial purposes within the port. The project which is dubbed ‘silsal-‘ Arabic synonym for chain will enable seamless and efficient processing…
Saudi Arabia and UAE launch Joint State-backed Crypto-currency
Two middle-east neighbors; Saudi Arabia and The United Arab Emirates (UAE) have a launched a government backed crypto-currency which will facilitate cross-border payments. This state-backed crypto was one of the agenda’s in the 7 point co-operation plan unveiled on the…
ICO Regulation: UAE Regulator Caution Residents over ICO Related Risks
Author – Sam Reads, UK UAE’s Securities and Commodities Authority (SCA), the kingdom financial market watchdog and regulator issued an investor warning alarm, over-investment in initial coin offering (ICO). The investor alarm was published over the weekend warning investors about…
UAE Giant Remittance Firm Partners With San Francisco DTL-based Startup Ripple
Author – Sam Reads, UK UAE Exchange, one of Middle East Top money transfer and FOREX firm just inked a new partnership with San Francisco based Blockchain – Startup Ripple. The deal comes as the XPR is trying to break…
Crypto Hacks Reach $1.58 Billion as Market Values Rise
The world of cryptocurrency has always been a double-edged sword. While the decentralized nature of digital currencies offers a wealth of opportunities, it also presents significant risks, especially in the realm of cybersecurity. In 2024, the crypto industry has seen…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
