Tag: Crypto
Crypto Mar 24, 2025 3 min read

UAE Tops the World in Crypto Ownership: Study

The study paints a fascinating picture of how crypto adoption is unfolding globally. While countries like the United States boast an extensive network of 29,834 Bitcoin ATMs, it’s the UAE’s high crypto ownership rate of 25.3% and an adoption rate of 210% that have propelled it to the top spot.

Crypto Mar 19, 2025 3 min read

SEC Drops Appeal Against Ripple, But Legal Battle Isn’t Over Yet

While the agency is stepping back from its appeal, Ripple has not yet agreed to withdraw its own challenge. The company continues to contest the $125 million fine imposed by the court and the ongoing injunction that restricts it from selling XRP to institutional investors without registering those transactions as securities.

Funding Mar 15, 2025 3 min read

Abu Dhabi’s MGX Invests $2 Billion in Binance

MGX, an AI-focused fund launched last year, is chaired by Sheikh Tahnoon bin Zayed al-Nahyan, the UAE’s national security adviser and a key figure in the country’s push for artificial intelligence-driven economic diversification.

Crypto Mar 13, 2025 3 min read

Can PI Hit $5 Amid Market Optimism?

Speculation regarding PI’s listing on Binance has been a significant driver of investor enthusiasm. A Binance listing is often seen as a major milestone for any cryptocurrency, as it enhances liquidity and exposure to a broader investor base.

Crypto Mar 6, 2025 2 min read

Assam Police Crack Down on Rs 20 Crore Crypto Scam; Three Arrested

According to police sources, the fraudsters used online payment platforms such as PhonePe and Paytm to collect funds. The money was then converted into USDT (US Dollar Tokens) via Chinese crypto exchanges, including Binance, before being transferred to undisclosed international accounts.

Markets Mar 1, 2025 2 min read

Bitcoin Rebounds as Market Shows Signs of Recovery

A key factor contributing to the market's turnaround appears to be a policy shift from the White House. U.S. President Donald Trump is set to host a crypto summit on March 7, bringing together industry leaders, investors, and members of the President's Working Group on Digital Assets.