Wednesday 25 September 2024
 
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GDA launches bitcoin mining centre in Argentina

Genesis Digital Assets Limited (GDA), one of the largest Bitcoin mining companies in the world in terms of hash rate, has announced the opening of a new data centre in Argentina powered by YPF Luz, a leading company in electric power generatio

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US SEC approval for Bitcoin spot ETFs a boost to digital assets

The US Securities and Exchange Commission (SEC) has approved the exchange-traded funds (ETFs) to track Bitcoin.   The approval of 11 Bitcoin spot ETFs paves the way for mass adoption of digital assets, according

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Soneva resorts to accept cryptocurrencies

Luxury hospitality pioneer Soneva is now accepting Bitcoin and Ethereum cryptocurrencies across its resorts in the Maldives and Thailand.    The payment channel is designed to make the transaction process ea

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Bitcoin expert to address Dubai precious metals summit

DMCC has announced that Michael Saylor, the Co-Founder, Chairman and CEO of MicroStrategy, the world’s largest holder of Bitcoin, will give a keynote interview at the upcoming Dubai Precious Metals Conference (DPMC) on November 18.

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Bitcoin Fund gets DFSA nod for ATM program listing

The Bitcoin Fund, the Middle East’s first listed digital asset-based fund has received approval from the Dubai Financial Services Authority (DFSA) for its At-the-Market program on Nasdaq Dubai. In line with the approval of t

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Aramco refutes Bitcoin mining plans report

Aramco has refuted recent reports claiming that the company plans to embark on Bitcoin mining activities.   In a statement, Aramco said: "With reference to recent reports claiming that the company will embar

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Canada’s 3iQ lists Bitcoin fund on Nasdaq Dubai

3iQ Corp, Canada’s largest digital asset investment fund manager, has officially listed The Bitcoin Fund on Nasdaq Dubai, the region’s international exchange. The regulated Bitcoin-based exchange traded product is the

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Rising expectation of ‘cashless’ societies worldwide

While only about 72% of respondents to a survey said that their country was likely to become a cashless society; that grew to over 81% this year, showing growing acceptance of digital currencies,  said the Economist Intelligence Unit (EIU)

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AIBC announces first conference in Dubai for bitcoin & cryptocurrency investors

The cryptocurrency and blockchain industry's leading global conference series, AIBC, has announced its line of speakers for this year’s conference which will be held on May 25 and 26, 2021 at the InterContinental Dubai Festival City.

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Cryptocurrencies still mostly about speculation: S&P

Cryptocurrencies continue to be speculative instruments, which investors mostly use as a store of value rather than a means for commerce, despite some moves toward broader adoption, said S&P Global Ratings in a new report. Aft

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