Abu Dhabi’s crypto mining firm Phoenix Group posts 236% revenue surge amid global expansion
Phoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner ...
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Efficiency Meets Power: Microbt Launches New Whatsminer Bitcoin Miners in Abu Dhabi
Microbt, the well-known developer of Whatsminer application-specific integrated circuit (ASIC) bitcoin miners, revealed an exciting trio of new mining machines ...
Blockchain Center in Abu Dhabi Aims to Lead Global Innovation
The Abu Dhabi Blockchain Center has been officially revealed as a mark of the region’s commitment to drive innovation and ...
Abu Dhabi Prohibits Crypto Mining on Farms
The Abu Dhabi Agriculture and Food Safety Authority has banned cryptocurrency mining on farms. This regulation addresses the misuse of ...
Bitcoin miner Phoenix Group makes $2.47B trading debut in Abu Dhabi rising 50%
Middle East-based Bitcoin (BTC) miner Phoenix Group became the first crypto-related firm to go public on the Abu Dhabi Securities ...
Abu Dhabi Global Market introduces comprehensive DLT Foundations Regulations
The Abu Dhabi Global Market (ADGM) Registration Authority has introduced comprehensive regulations governing Web3 organizations. The international financial free zone’s ...
First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx
JPMorgan’s Onyx Coin Techniques has scored one other win within the Center East with the completion of a blockchain-based cross-border ...
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