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Dubai
Goldman Still Sees Strong USD; Bitcoin Miners Downgraded Amid Bear Market Woes
A Goldman Sachs strategist wrote a peak in the U.S. dollar "feels several quarters away," which could be bad news for bitcoin (BTC). Bitcoin miners Core Scientific (CORZ) and Argo Blockchain (ARBK) were downgraded by Wall Street investment bank DA Davison due to bear market woes. Terraform Labs co-founder Do Kwon is rumored to have left Singapore for Dubai, according to Bloomberg.
Do Kwon Denies Manipulation Allegation in Laura Shin Interview, Report Suggests Kwon Transited via Dubai
"The Hash" panel discusses the key takeaways from Terraform Labs co-founder Do Kwon's interview with "Unchained" podcast host Laura Shin amid rumors he has left Singapore for Dubai, and whether Kwon's earlier failed algorithmic stablecoin Basis Cash could have been an indication of UST's fate.
South Korean Prosecutors Say Reports of Do Kwon’s Stopover in Dubai ‘Not False’: Bloomberg
Terra blockchain creator Do Kwon, who said he is not on the run, is rumored to have left Singapore for Dubai according to South Korean prosecutors telling Bloomberg. Merkle Science co-founder and CEO Mriganka Pattnaik discusses what we know so far and the outlook for algorithmic stablecoins. Plus, insights into tracking Luna Foundation Guard's bitcoin (BTC) reserves.
S. Korean Prosecutors Say Reports of Do Kwon's Stopover in Dubai 'Not False': Bloomberg
Kwon's Terra ecosystem collapsed in May with $60 billion in value imploding, after which he faced charges of violating capital markets laws in South Korea.
Crypto Investment Product Firm 21Shares Launches Bitcoin ETP in Middle East
21Shares’ physical bitcoin exchange-traded product will list on the Nasdaq Dubai.
Dubai’s Big Plans for Web3 and the Metaverse
Is Dubai the new crypto-promised land? Plus, host Joel Flynn discusses the Islamic Coin, a Shariah-compliant digital money. This story and other news shaping the cryptocurrency world in this episode of “The Daily Forkast.”
Crypto Exchange CoinCorner Eyes Middle East Expansion Via Partnership With Emirates CEO's Private Office
Through the partnership with Seed Group, CoinCorner will establish a platform for the buying, selling, sending, receiving and storing of bitcoin and offer local businesses services to transact in crypto.
Binance Secures License in Dubai to Offer More Crypto Services
The exchange had previously secured a license to offer limited crypto exchange products and services to qualified investors in Dubai.
Blockchain.com to Open Dubai Office After Securing Preliminary Regulatory Approval
The crypto exchange joins a number of companies expanding to the Middle East as Dubai aims to turn itself into a leading cryptocurrency hub.
Dubai-Based Virtuzone to Accept Crypto Payments via Binance Pay
The business formation services provider is joining a number of other UAE companies using Binance Pay for crypto payments.
