Crypto News

Revolutionizing luxury: Project Neo debuts at Icons of Porsche in Dubai

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Dubai, UAE, Jan. 8th, 2025 – Revolutionizing Luxury Ownership The concept of owning luxury assets is undergoing a remarkable transformation. At the prestigious Icons of Porsche festival held in Dubai, an innovative project named Project Neo introduced an advanced way to safeguard and enhance the value of high-end collectibles. Developed collaboratively by Galileo Protocol, Porsche, […]

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Exness Takes Center Stage as the Official Sponsor of iFX EXPO Dubai 2025

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Exness Becomes Official Sponsor for iFX EXPO Dubai 2025 Exness, a prominent CFD broker and liquidity provider, has proudly announced its sponsorship of the highly awaited iFX EXPO Dubai 2025. This premier B2B fintech event, recognized as the largest in the MENA region, is scheduled to take place from 14 to 16 January 2025 at

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Hotcoin: A Hidden Gem in the Crypto World

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What is Hotcoin? Hotcoin is a centralized cryptocurrency exchange (CEX) designed to offer a secure, versatile, and user-friendly trading experience. Whether you’re a beginner exploring the world of crypto or a seasoned trader seeking advanced features, Hotcoin caters to all levels of expertise. Established in 2017, this next-generation platform supports a vast array of trading

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Ethereum Needed to Own Property in Dubai

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Dubai’s Groundbreaking Integration of Cryptocurrency in Real Estate Dubai is a beacon of excellence in the United Arab Emirates, renowned for its cutting-edge infrastructure, luxurious lifestyle, and lucrative real estate opportunities. The city’s real estate market has embraced innovation by allowing virtual currencies, commonly known as cryptocurrencies, to be used for purchasing homes and investing

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Dubai crypto platform acquires FTX EU for $32.7m

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Backpack Exchange, a cryptocurrency trading platform headquartered in Dubai, has secured the acquisition of FTX EU, the former European division of the now-defunct FTX exchange, for $32.7 million. This move aims to enhance Backpack’s crypto derivatives services across the European Union. The deal involves overseeing €53 million (approximately $55 million) in approved claims tied to

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CytoSorbents opens new sales subsidiary in Dubai

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CytoSorbents Corporation Expands with New Sales Subsidiary in Dubai, UAE PRINCETON – CytoSorbents Corporation (NASDAQ: CTSO), a leader in blood purification therapies with a current market value of $51.21 million, has announced the launch of a new regional sales subsidiary in Dubai, United Arab Emirates. As highlighted by InvestingPro, despite achieving annual revenues of $37.74

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UAE: Young employees turn to part-time jobs, crypto as they ‘worry savings won’t last through retirement’

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Gen Z’s Early Focus on Retirement and Financial Stability The youngest members of the workforce, Generation Z, are already prioritizing retirement savings and voicing concerns about their future income. Many are exploring innovative ways to build financial security, including turning to cryptocurrencies as a potential source of income. Even with inflation easing slightly, the rising

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UAE’s Phoenix Group opens US crypto mining facility

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Phoenix Group Expands in the US with Launch of 50MW Cryptocurrency Mining Facility Phoenix Group, a publicly traded company on the Abu Dhabi Securities Exchange and a prominent global bitcoin mining firm, has officially inaugurated its 50-megawatt (MW) cryptocurrency mining facility in North Dakota, USA. This significant development is part of the company’s strategic efforts

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Shiba Inu Struggles While Avalanche and BlockDAG Soar: The Best Long-Term Crypto Picks for 2025

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The cryptocurrency market is witnessing dynamic transformations as Shiba Inu (SHIB) faces challenges despite achieving a noteworthy adoption milestone. Meanwhile, Avalanche’s ecosystem explores the intersection of blockchain and artificial intelligence, and BlockDAG (BDAG) continues to dominate headlines with its stellar presale success and enticing bonus schemes. Let’s delve into these developments and uncover why BlockDAG

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