Polus Capital Management announced a significant capital commitment from the Abu Dhabi Investment Authority (ADIA) for its Special Situations strategy, increasing the assets under management for this strategy to approximately $5 billion. This development...

Bitcoin’s surge past $62,000 has rekindled interest in the cryptocurrency market, with growing attention from major financial institutions. As fears of a U.S. dollar crisis mount, BlackRock, one of the world’s largest asset management firms, has issued wa...

AD Ports Group has successfully refinanced loans, taking advantage of favorable conditions following a recent reduction in interest rates by the Federal Reserve. This strategic move aims to bolster the company's financial position and enhance its growth p...

Nazara Technologies, a leading gaming and sports media platform, has raised $108 million in its latest funding round, signaling an aggressive push towards mergers and acquisitions. The capital injection comes at a time when the firm is looking to expand i...

A sudden spike in Bitcoin’s value has wiped out more than $200 million in liquidated positions, with the majority being attributed to short positions. The cryptocurrency surged by over 6%, surpassing the $63,300 mark within the last 24 hours. This signifi...

Louisiana has taken a significant step in embracing cryptocurrency by allowing residents to use Bitcoin, Bitcoin Lightning, and USD Coin to pay for state services. This development marks Louisiana as the first U.S. state to officially accept cryptocurrenc...

Donald Trump, the leading Republican candidate for the 2024 U.S. presidential election, made an unexpected move during a campaign stop at PubKey, a Bitcoin-friendly bar in New York City. Trump, who had previously dismissed cryptocurrencies as

e& UAE has introduced a pioneering instant eSIM that offers 10GB of free data for visitors arriving in the country. This new solution is designed for seamless activation, utilizing advanced facial recognition technology, ensuring travelers can connect...

The United Arab Emirates has introduced a groundbreaking regulation requiring private joint-stock companies to include women on their boards of directors. This mandate, unveiled this week, marks a significant step in the country’s ongoing efforts to enhan...

Abu Dhabi's Gulf Capital and Kazakhstan's QIC have joined forces to establish an $800 million fund aimed at boosting investments across Central Asia. The newly created fund is set to target key sectors such as infrastructure, energy, and technology, addre...

A potential reduction in the Federal Reserve’s interest rate might spell trouble for cryptocurrency markets and could signal the end of the era of central bank dominance. Arthur Hayes, a notable figure in the crypto space, has voiced concerns that such a...

Zoom and Mitel have embarked on a strategic collaboration aimed at transforming the enterprise communications landscape. This partnership will blend the strengths of both companies, introducing an AI-first hybrid communication platform designed to meet th...

Bybit, a leading player in the cryptocurrency industry, has released a joint report with BlockScholes, offering a deep dive into how Bitcoin (BTC) could respond to the upcoming U.S. election and the Federal Reserve's anticipated rate cuts cycle. As the gl...

Crypto trading platform Bitsgap has unveiled its latest innovation, an AI Assistant designed to help traders manage their portfolios with greater efficiency. This move marks a significant advancement for the platform, positioning Bitsgap as one of the fir...

DBS Bank, Singapore’s largest financial institution, has announced plans to expand its crypto offerings by launching over-the-counter (OTC) crypto options trading and structured notes tailored for institutional investors. This strategic move is set to rol...