Marathon Digital partners with Zero Two to launch 200 MW Bitcoin mining farm in Abu Dhabi

Marathon Digital's Strategic Expansion in Bitcoin Mining

Marathon Digital is expanding its bitcoin mining operations by acquiring facilities in Texas and Nebraska, aiming to double its hash rate in the coming years.

Binance Withdraws Abu Dhabi Licence Application Under New Management

Binance has denied any links between this move and CZ's guilty plea

Phoenix Group Ignites ADX: Cryptocurrency Triumph in Abu Dhabi Debut

Amidst a surge in cryptocurrency interest, Phoenix Group's debut on the Abu Dhabi Securities Exchange marks a pivotal moment in the region's financial evolution.

Abu Dhabi's Phoenix Group Secures $370 Million in IPO

Abu Dhabi-based Bitcoin mining firm Phoenix Group has made headlines with a triumphant $370 million fundraising through its recent initial public offering (IPO).

JPMorgan's Blockchain Success: First Abu Dhabi Bank Completes Cross-Border Payment Pilot

JPMorgan's successful blockchain pilot with First Abu Dhabi Bank marks a significant step in crypto adoption across financial institutions, demonstrating the technology's growing influence in cross-border payments and financial services.

Crypto exchange Kraken closes Abu Dhabi office

Crypto exchange Kraken is shutting its Abu Dhabi office and winding down support for the United Arab Emirates’s local currency.

MicroStrategy, Marathon Digital Shares Fall Amidst Crypto Bank Silvergate's Woes

Both companies were sizable borrowers from the lender, though Marathon late last year moved to pay down a portion of its debt.

Crypto Boom In The Gulf: Dubai, Abu Dhabi Fast Becoming Hotbed Of Digital Currency

Marathon Digital moves Montana BTC mine to pursue carbon neutrality

The Bitcoin miner’s push to make its facilities run on clean energy reflects a need in the industry for all mining operations to do the same or to at least use flexible facilities.

Binance receives in-principle approval to operate in Abu Dhabi

The in-principle approval from the Abu Dhabi Global Market allows Binance to operate as a broker-dealer in digital assets including cryptocurrencies.