Abu Dhabi’s crypto mining firm Phoenix Group posts 236% revenue surge amid global expansion

2025-2-12 14:17

Phoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group saw its mining revenue surge 236% in 2024, reaching $107 million as it expanded operations and navigated industry… origin »

Trident Group (TRDT) на Currencies.ru

$ 0.0132492 (+0.00%)

Объем 24H $0

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Капитализация $16.072k Rank 99999

Доступно / Всего 1.213m TRDT

group revenue mining phoenix 107 surge 2024

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Источник: btcmanager.com

group revenue → Результатов: 73

Bitcoin miner Northern Data forecasts revenue to triple in 2024

Crypto mining giant Northern Data is forecasting its revenue to triple in 2024 as the company doubles down on high-performance computing (HPC) solutions. Northern Data Group, a German-listed Bitcoin mining company, estimates its sales to soar this year up to…

2024-7-12 17:16	Mining
northern data 2024 company bitcoin mining triple

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Bitcoin mining - Here's why this group is still holding as BTC falls below $70K

The Bitcoin miner reserve has increased to its highest level since April. BTC has fallen below $70K once again. Recently, Bitcoin [BTC] mining difficulty has decreased, but miners' revenue hThe post Bitcoin mining - Here's why this group is still holding as BTC falls below $70K appeared first on AMBCrypto.

2024-5-22 09:00	BTC Trading View
btc bitcoin below 70k mining falls group

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Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1

Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million.

2024-5-9 19:05
grayscale quarter group revenue currency parent digital

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Bitcoin rally leads Grayscale’s parent company DCG to profitability

Grayscale's parent company, Digital Currency Group, wraps up 2023 with a 59% growth in Q4 revenue, reaching $210 million.

2024-2-14 18:10	News
company parent grayscale growth reaching million 210

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Digital Currency Group records 59% rise in revenues despite legal troubles

Digital Currency Group (DCG), the parent company of Grayscale Investments, reported a 59% surge in revenue in the fourth quarter of 2023.

2024-2-14 21:48
digital currency group grayscale reported investments fourth

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Digital Currency Group Reports Q4 Revenue of $210M, Up 59% Y/Y (Full Text)

Fourth quarter EBITDA was $99 million versus a loss of $7 million a year earlier.

2024-2-14 17:52
million ebitda quarter earlier loss versus fourth

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Justin Sun predicts the harshest of crypto winter has passed

The Justin Sun Group, including TRON, HTX, Poloniex and TUSD, reported a 14% increase in revenue from the previous quarter.

2023-10-27 19:31	justin sun
sun justin reported tusd increase revenue quarter

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DCG Records Surge In Q3 Revenue Amid Potential Bitcoin ETF Approval

Digital Currency Group (DCG) recently unveiled its third-quarter revenue, revealing a 23% climb. This uptick starkly contrasts the tumultuous market fluctuations observed in 2022. According to the report, the crypto industry’s recent resurgence has bolstered DCG’s financial performance.

2023-10-25 02:00
dcg revenue observed according 2022 tumultuous contrasts

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DCG announces 23% Q3 revenue jump and Genesis repayments amid legal hurdles

Digital Currency Group reports a 23 percent rise in Q3 revenue to $188 million and reports notable repayments to bankrupt crypto lender Genesis.

2023-10-25 22:10	genesis
repayments reports genesis revenue lender 188 notable

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DCG Revenue Rises 23% as Court Formalizes Grayscale Win

Digital Currency Group reports a 23% rise in its consolidated revenues as Grayscale awaits an ETF decision and Bitcoin surges. The post DCG Revenue Rises 23% as Court Formalizes Grayscale Win appeared first on BeInCrypto.

2023-10-25 19:15
grayscale win dcg formalizes revenue rises court

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Digital Currency Group nearing settlement with Genesis creditors; reports $216M Q2 revenue as new CFO takes helm

Digital Currency Group (DCG) is close to settling with the creditors of its subsidiary, Genesis, Bloomberg said on July 31. DCG reportedly released its second-quarter shareholder letter on the same day as Bloomberg’s article.

2023-8-1 04:00	featured
digital dcg bloomberg creditors genesis group currency

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Bitcoin and Ethereum network revenues spiked in May despite significant headwinds: ETC Group report

Bitcoin revenue jumped 249% YoY in May, while Ethereum network fees rose 53. 7% in May, according to a research report by the ETC Group. Ordinals and enterprise adoption drove network revenues for Bitcoin and Ethereum respectively.

2023-6-13 21:23	Ethereum News
bitcoin network may ethereum revenues group report

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Metaverse Can Build Access for Big Companies, Says Virtual Brand Group CEO

The metaverse-building company is looking to leverage the digital ecosystem so big brands can expand their demographic footprint while increasing their revenue streams.

2023-1-11 23:05	Business
big brands ecosystem leverage digital expand demographic

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Silbert downplays liquidity crisis, expects $800M revenue in 2022 for DCG

Following rumors of potential contagion from FTX, Digital Currency Group (DCG) CEO Barry Silbert sent shareholders a memo on November 22 addressing the situation surrounding Genesis’ liquidity.

2022-11-23 23:55	People
dcg silbert liquidity memo shareholders ceo group

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Bitcoin miner TeraWulf raises $17M in Q3, but here's the catch

Riot Blockchain reported revenue of $46.3 million for Q3 2022 Australian crypto mining group Iris Energy has received a default notice from Bitmain Technologies Bitcoin mining company TeraWThe post Bitcoin miner TeraWulf raises $17M in Q3, but here's the catch appeared first on AMBCrypto.

2022-11-15 13:30	News
bitcoin mining catch terawulf raises miner 17m

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DApps Group Will Form ‘DeCartel’; $LAY Token Sale to Begin

Based on the concept that DeFi should be a more accessible service for more people, DeCartel was formed to simplify the complexity of DeFi structure and to enable users to safely receive a stable revenue.

2022-5-10 12:02
decartel defi complexity simplify formed people receive

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Warner Music Group Adding Play-to-Earn Games With Splinterlands Partnership

The music giant is adding blockchain-based gaming to its repertoire in an effort to expand revenue streams for its roster of musicians.

2022-2-25 19:08	Business
adding music effort repertoire expand streams musicians

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The NAGA Group AG delivers EUR 55,3 million Group revenue beating FY 2021 guidance

NAGA Group AG provider of the social network for trading, cryptocurrencies and payments NAGA.com, has exceeded its revenue guidance for 2021 according to unaudited preliminary...

2022-1-20 14:43	Blockchain News
naga group 2021 revenue guidance payments unaudited

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CME Q3 Revenue Doubles Driven by Bitcoin Futures, The Regulated Exchange Is Increasing Contract Limits for ETF

Regulated platform CME Group reported its third-quarter profit more than doubling thanks to the approval of the exchange-traded funds (ETF) tied to CME Bitcoin futures seeing immense traction and trading in the futures exchange operators’ energy and interest rate products surging.

2021-10-28 16:07	ETF Exchange Traded Fund
cme futures exchange etf regulated bitcoin approval

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Democratic Party Politicians Turning to NFTs to Raise Funds

In the midst of debating and campaigning, a group of democratic fundraisers is turning to non-fungible tokens (NFT) for an alternative stream of revenue. The post Democratic Party Politicians Turning to NFTs to Raise Funds appeared first on BeInCrypto.

2021-10-11 13:19
turning democratic funds raise party nfts politicians

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Bitcoin Reaches $3B Annualized Revenue Run Rate: ETC Group Report

According to a recent study done by ETC Group, data shows that cryptocurrency miners enjoyed a very strong spring. The post Bitcoin Reaches $3B Annualized Revenue Run Rate: ETC Group Report appeared first on BeInCrypto.

2021-8-13 09:16
etc group rate bitcoin run report reaches

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US senators eye the crypto market for potential $28 billion in tax revenue

US President Joe Biden and the bipartisan group announced the details of a historic $550 billion federal investment in the country’s infrastructure as the Senate intends to tighten crypto taxes in order to raise $28 billion that would contribute to the funding, Bloomberg reported.

2021-7-30 20:00	Taxes
billion crypto intends investment senate country infrastructure

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Coincheck Reports 5x Surge in Revenue, Japan Assembly Members Call to Make Tokyo a Special ‘Tax-Free’ Crypto Zone

During the period of Oct. and March, Monex Group acquired a crypto exchange that was hacked in Jan. 2018 gained 210,000 users. Meanwhile, ruling party members want to transform the city into a crypto “trading center.

2021-5-12 17:50	Legal & Regulation
crypto members gained 210 jan exchange hacked

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FinTech, Investview, Reports a Record Month Adding $1 Million in Bitcoin & Crypto To Its Holdings

Fintech company Investview Inc. reported the highest monthly gross revenue in the month of February in the company's history. A public company, Investview, is listed on the OTC Markets Group. The company had $5.

2021-3-16 18:35	Gold Store of Value
company investview fintech month history february public

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Ripple Partner, SBI Group, Looks to Form Crypto Joint Venture to Boost Revenue

Tokyo-based financial giant SBI Holdings has opened up talks with various international financial institutions to form a crypto joint venture. The firm revealed that it aims to make the crypto business one of its main pillars.

2021-2-16 00:14	Announcements
crypto joint venture financial form sbi institutions

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U.S. Congress appeals for a fair tax on crypto staking rewards

A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for a fairer tax on staking rewards, a Coin Center letter revealed Tuesday. However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen.

2020-8-6 23:01	Regulation
tax rewards letter congress staking center must

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U.S. Congress appeals for zero tax on crypto staking rewards

A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for zero tax on staking rewards, a Coin Center letter revealed Tuesday. However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen.

2020-8-6 23:01	Regulation
rewards tax congress letter staking zero revealed

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Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights

Close to a year ago last July, the U. S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes.

2020-7-15 19:30	Virtual Currency
letters soft suspected sending american pay taxes

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CME’s Board Nominee Wants to Earn More Revenue With Crypto; “Bitcoin Mining Is A Win-Win”

CME set to introduce Bitcoin mining? Dante Federighi, one of the nominees in the upcoming CME Group board of directors Class B-2 shareholder election, plans to introduce Bitcoin mining activities in the firm.

2020-3-27 17:20
bitcoin cme mining introduce board nominees upcoming

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Dell Among Founding Members of IOTA Working Group

Tangle can prepare Dell for a future where users can earn revenue by selling their data.

2020-2-11 18:00	IOTA
dell users earn revenue data selling future

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Crypto Group Asks IRS to Make Small Payments Tax-Free

The Wall Street Blockchain Alliance is the latest to ask the U. S. Internal Revenue Service (IRS) to consider a ‘de minimis’ exemption for crypto tax payments below a specific value. IRS Should Reduce Crypto Tax Burden According to Law360, the Wall Street Blockchain Alliance has written a letter to the IRS calling for tax exemptions for crypto transactions below a certain threshold.

2020-2-6 19:00
crypto irs tax below street blockchain wall

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IRS Warning Letters: Agency Scrutinizing Tax Returns to Information Received from Exchanges

The Internal Revenue Service (IRS) has been sending out a fresh round of letters to a select group of taxpayers, informing them that their tax returns do not match the information provided by exchanges.

2019-8-16 15:00	IRS
information irs exchanges returns tax letters coinbase

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LGBTQ+ creators file lawsuit against YouTube for discrimination

A group of LGBTQ+ YouTubers this week filed a federal lawsuit against Google, claiming the site has engaged in discriminatory practices that deliberately suppress their ability to make money. Part of the problem is that YouTube has kept its algorithms so mysterious, there’s no way to know if it’s deliberately discriminating against any particular group, or if it’s just an offshoot of its recurring problems with ad revenue According to the vid creators, both YouTube‘s algorithms and human reviewers single out content with words like “gay,” “lesbian,” etc, and put it behind an age-restriction gate.

2019-8-15 21:02	Видео
youtube against creators lgbtq deliberately algorithms lawsuit

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Huobi Burns 14 Million Huobi Tokens Amid Revenue Gains

“There are two big trends reflecting the size of this quarter’s buyback. The first is a rapidly strengthening market for digital assets and the other is the increasing popularity of our entire product line," said Huobi Group CEO, Leon Li.

2019-7-16 00:00
huobi assets digital market increasing popularity group

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Crypto Exchanges Need To Specialize To Stay Competitive, Says Coinfloor Head

It’s been a great year for crypto exchanges, with Coinbase making over a billion in annual revenue. But those good times may soon come to an end, according to the head of a London-based exchange group, who says the largest trading platforms will have to specialize or risk being outperformed by competitors.

2019-7-11 18:09	crypto exchanges
crypto says head specialize exchanges need coinfloor

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RippleNet Holds “Great Revenue Potential”, “Undoubtedly” Help Customer Service: Deputy Group CEO Of National Bank Of Kuwait

Shaikha Al-Bahar, Deputy Group Chief Executive Officer of National Bank of Kuwait (NBK) recently delivered a speech at the Arab-British Economic Summit in London emphasizing on the importance of embracing FinTech as an opportunity to thrive and not just survive.

2019-7-7 19:30	Ripple (XRP)
group national kuwait summit deputy bank economic

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Bitcoin Group SE earnings down 20% in 2018; revenue exceeds forecast

CryptoNinjas Bitcoin Group SE, a holding company and operator of Bitcoin. de, a licensed Bitcoin exchange in Germany and Europe’s largest Bitcoin marketplace with more than 800,000 customers, recently published its figures for the 2018 fiscal year.

2019-6-3 10:10
bitcoin 2018 forecast group down earnings revenue

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Exploring Illegal Mining Camps in Western China

This article was originally published by 8btc and written by Vincent He. Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous.

2019-5-31 20:14	Mining
mining power bitcoin machines china electricity sichuan

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LocalBitcoins Denies Service to Iranian Users

The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only.

2019-5-25 20:14	Adoption & community
bitcoin localbitcoins iranian users country magazine hodl

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Of Course, The IRS is Updating Its Bitcoin Tax Guidelines as Price is Rising

With Bitcoin spiking more than 120 percent since the start of 2019, the U. S. Internal Revenue Service (IRS) says it is readying an updated set of guidelines to cover cryptocurrency taxation. IRS Preparing Additional Crypto Tax Guidelines In a letter to a bipartisan group of U.

2019-5-21 18:00	IRS
guidelines irs tax bitcoin letter updating 2019

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Japan’s GMO Internet Records Drop Of 45% In Q1 2019 Regarding Crypto Mining Profits

Japan’s GMO Internet Sees Crypto Profits Decrease By 45% In Q1 2019 GMO Internet Group, a Japanese internet company, has recently its crypto-related profits drop by 45% during the first quarter of 2019.

2019-5-10 22:46	bitcoin mining
internet 2019 crypto profits gmo japan company

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Hearsts’ Marscha Krouwel: Female-led companies get less funding but make more revenue

We’re coming to you live from day one of TNW 2019, our flagship conference in Amsterdam. Up next is Marsha Krouwel, Hearst Magazines’ publishing group director and Lead Scout and Advisory Board Member.

2019-5-9 16:34	TNW2019
startups percent went invested next founders only

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Coinbase Closing Markets Office in Chicago

According to a report from Fortune on April 23, 2019, the U. S. -based cryptocurrency exchange Coinbase will shut down its Chicago office. Coinbase will scale back plans for a high-frequency trade matching engine in development there, software that automatically matches trade bids to complete trades at a higher rate.

2019-4-25 16:57	Investing
coinbase office exchange chicago company engineers trade

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In Plain English: SEC Publishes Guidance on Tokens as Securities

The U. S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security.

2019-4-4 22:02	Regulation
sec token security test guidance cryptocurrency whether

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Hypnoxys Decentralized Messaging Application Successfully Reaches Hard-Cap with Incentivised Dapp

Bitcoin Press Release: The Hypnoxys team proudly reveals a successfully funded crypto-incentivised messaging application and protocol. February 25, 2019, Denmark– Hypnoxys (HYPX) is a project with the dream of decentralizing the ‘chatting industry’ and as such, has developed a multi-functional messenger app and protocol that delivers all the staples of instant messaging such as group chats, audio, and video calls etc.

2019-3-7 22:01	Press releases
application hypnoxys messaging successfully such all instant

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Bitcoin mining profits rise for first time in over a year

Despite news in recent months that cryptocurrency mining establishments have been shutting down, or ending contracts, profits earned from Bitcoin mining have begun to rise, blockchain research group Diar reports.

2019-3-5 17:51	hard fork
bitcoin mining months diar profits revenue rise

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Report Claims That “Sextortionists” Absconded With Over $300,000 in Crypto in 2018

Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018.

2019-3-1 18:10
emails data report online group victim bitcoin

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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax

Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.

2019-3-1 20:16	Regulation
bill state medina businesses blockchain group california

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Square’s Surging Bitcoin Business Will Restore Confidence in Crypto

Square, the $31 billion payments giant, processed over $166 million in Bitcoin purchases throughout 2018. Square Bitcoin Revenue Eclipses $50 Million in Q4 According to the firm’s Q4 shareholder letter, Square processed the sale of $52.

2019-3-1 19:58	Square
million bitcoin square crypto 2018 359 quarter

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The Dubai FSA launches Tokenization Regulatory Sandbox for crypto firms

Dubai financial regulators are opening registrations for crypto firms to participate in the nation’s first Tokenization Regulatory Sandbox, starting from March 17 to April 24. According to the site’s official announcement, the sandbox is an initiative launched by the DFSA…

M2 teams up with NiceHash to unlock liquidity for Bitcoin miners

Crypto miners can now leverage Bitcoin-backed loans through M2’s partnership with NiceHash. Abu Dhabi-based cryptocurrency exchange M2 has partnered with NiceHash, a cryptocurrency mining services provider, to introduce flexible lending solutions for miners. According to a press release shared with…

USDC and EURC become first stablecoins approved under Dubai’s new crypto rules

The Dubai Financial Services Authority has approved Circle’s USDC and EURC as the first officially recognized stablecoins under Dubai’s new token regime. Circle announced on Feb. 24 that the DFSA had approved both USDC (USDC) and EURC (EURC) as crypto…

Dubai’s crypto regulator VARA warns against meme coin promotions

The Virtual Assets Regulatory Authority has issued a public alert cautioning investors against meme coin advertisements due to their high-risk nature. Dubai’s crypto regulator the Virtual Assets Regulatory Authority has issued a warning about meme coin promotions as meme coins…

Tether partners with Reelly to introduce USDT payments in UAE real estate market

Real-estate agents in Dubai will be able to close deals using USDT payments.

UAE real estate embraces stablecoins as Tether, Reelly Tech educate agents

Tether and Reelly Tech are teaming up to integrate USDT into real estate transactions in the UAE. The partnership aims to improve efficiency in real estate deals while educating agents on the practical applications of stablecoins. Reelly Tech, which connects…

2025-2-12 14:17

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