The United Arab Emirates (UAE) is positioning itself as a global hub for blockchain and cryptocurrency innovation, with key trends emerging in Shariah-compliant services, dirham-pegged stablecoins and international talent migration, according to industry leaders. At the recent Bitcoin MENA and Abu Dhabi Finance Week events held in the UAE, crypto professionals discussed the key trends…

The Ethereum community is going head to head in a debate over whether or not to raise the gas limits on the Ethereum mainnet by as much as 100%. The gas limit refers to the maximum amount of gas that’s allowed to be spent for transactions to be included in a single Ethereum block. One…

Ethereum whale wallet holdings have reached their highest levels of all time — holding an estimated 57% of all Ether in existence, according to onchain analytics platform Santiment. In a Dec. 16 post to X, the platform said that 104 whale wallets holding more than 100,000 Ether each, together hold $333 billion. At the same time,…

Bitpanda, a European digital asset platform, has received in-principle authorization from the Virtual Asset Regulatory Authority (VARA) as it prepares to expand its footprint into the United Arab Emirates (UAE). The regulatory approval sets the stage for Bitpanda to solidify its presence in the Middle East, aligning with its strategy to grow beyond Europe, where…

What are Bitcoin miners as energy buyers? Bitcoin miners can work as dynamic energy buyers with the flexibility to adjust consumption according to energy supply and demand using sophisticated energy management strategies.  First things first, you need to understand the Bitcoin mining basics. To secure the Bitcoin blockchain network, process transactions, and mint new coins, computers need…

Ethereum liquid restaking protocols saw their total value locked (TVL) increase by almost 6,000% in 2024 as demand for staked asset utility grew significantly. According to data from decentralized finance (DeFi) aggregator DefiLlama, liquid restaking TVL on the Ethereum network was approximately $284 million on Jan. 1. By Dec. 15, that figure had climbed nearly 60-fold,…