Friday 19 April 2024
 
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RAK luxury hotel units available for purchase in bitcoin

The Cristal Group, a leading UAE-based hospitality management company, said luxury hotel units at its premium development Al Mahra Resort by Cristal can now be purchased in Bitcoin or similar digital currency.   

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Cryptocurrency market capitalisation seen at $615bn

The cryptocurrency market capitalization is currently standing at $615 billion, said the managing director at Krypto Labs, a global all-in-one business incubator, accelerator and world-class co-working space for start-ups. Dr Sale

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Cryptocurrencies: Bubble or no bubble

A cryptocurrency is a speculative instrument, and a collapse in its market value would be just a ripple across the financial services industry, too small to disturb stability or affect the creditworthiness of banks, said S&P Global Ratings.

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The Bitcoin Bubble: Investors warned over fluctuations

The value of Bitcoin fell by 50 per cent in the past month, while other cryptocurrencies such as Longfin are down around 10-15 per cent, noted an industry expert, warning investors in the region to remain cautious about cryptocurrencies as the d

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Dubai's Star Business Centre to accept Bitcoin

The Star Business Centre, offering state-of-the-art fully furnished offices for new investors, business people and those international companies seeking suitable ready-made fully furnished plug-and-play workplaces, has announced that it is now

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Royal Capital Pro sees record cryptocurrency buys

Royal Capital Pro, a leading online trading platform for forex in the region, has announced that its sales of cryptocurrencies have now reached millions of dollars and continue to grow at a whopping rate of 200 per cent a month. &

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Holborn plans Bitcoin seminars in Dubai

Holborn Assets, a global financial services group with offices in Dubai and Abu Dhabi, UAE is planning to introduce independent seminars on Bitcoin investments for clients in the first quarter of next year. Global interest in Bitc

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Fake news ‘as a service’ on the rise: study

Criminals are increasingly exploiting the growth of ‘fake news’ for commercial gain, a report said, revealing the growth of toolkits and services – available for just $7 – that are aimed specifically at causing financial

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Blockchain changing security landscape in banking sector

Blockchain, the technology that is used in the popular cryptocurrency 'Bitcoin', is revolutionary in many ways. It addresses multiple challenges associated with digital transactions, such as double spending and currency reproduction.

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Dubai landlords to accept rents in Bitcoins

One of Dubai’s largest real estate brokerages revealed today that some landlords will start accepting Bitcoin payments for residential property rental within one of the city’s major new developments starting next month.

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