by Jibran Munaf | August 17, 2024 | Breaking, Cryptocurrencies, Currencies, News
In a landmark decision, the Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts, marking a significant shift in the United Arab Emirates (UAE)’s legal approach to digital currencies. The 2024 ruling, case...
by Jennifer George | August 15, 2024 | Breaking, Cryptocurrencies, Currencies
In addition to the SEC’s approval of Spot Bitcoin ETFs in January, and the unveiling of the Central Bank of the UAE’s stablecoin regulations last month, the crypto sector has been bolstered by another significant development. New research by Chainalysis, the...
by Jennifer George | August 9, 2024 | Cryptocurrencies, Currencies, News
On Wednesday, John Reed Stark, a former chief of the SEC Office of Internet Enforcement, took to X to urge all investors to steer clear of any investments in the cryptoverse. Stark elaborated about the “high risks” associated with unregulated crypto...
by Jennifer George | August 5, 2024 | Cryptocurrencies, News, Trending Now
Monday morning marked the lowest Bitcoin plunge since February 2024. In the early hours of August 5th, Bitcoin fell by 16.53% to trade at $49,883. Live data from The Block also illustrated an Ether fall, the lowest since January of 2024, currently charting at $2,186...
by Jennifer George | July 30, 2024 | Cryptocurrencies, News, Trending Now
Trump believes in crypto and is prepared to fully endorse it as a legitimate asset class in the US. Republican candidate Donald Trump delivered the keynote address at the annual Bitcoin conference in Nashville, Tennessee, on July 27th, 2024, where he mapped out his...
by Jennifer George | July 19, 2024 | Breaking, Cryptocurrencies, Currencies, Trending Now
WazirX, one of the few Financial Intelligence Unit (FIU)-registered crypto exchanges in India, suffered a $230 million security breach on July 18, 2024. The crypto exchange confirmed the breach in a post on X (formerly Twitter) nearly 24 hours ago. Upon detecting...
