Scallop (SCA) news

UAE Telecom Giant du Enters Crypto Mining

Mining-as-a-service is gaining traction in the UAE, with telecom giant du launching its cloud mining service via its sub-brand for local customers.

Scallop's total locked volume surpasses 50 million SCA, accounting for 40% of the token's circulating supply.

Dubai cracks down on unlicensed crypto firms as UAE reinforces global crypto hub status

VARA Penalizes 19 Crypto Firms for Operating Without Licenses in Dubai

VARA penalized 19 unlicensed digital assets firms in Dubai. All penalized firms are to cease operations immediately, in addition to fines. VARA warned stakeholders against patronizing unlicensed virtual asset companies.

UAE Strikes Bold Deal to Merge Crypto Rules Across Emirates

TON Clarifies: No Official UAE Golden Visa for $TON Stakers — Just a Private Pilot Program

Toncoin Introduces 10-Year UAE Golden Visa With Unlockable $100K Stake in TON

TON clarifies UAE Golden Visa saga

UAE Slams TON’s “Crypto Golden Visa” Pitch—Token Plummets 7% on Official Rebuttal

Ton Foundation clarifies misleading announcement regarding UAE golden visa

UAE Clarifies Golden Visa Rule for Crypto Investors, Nomination for India

UAE Denies Launching Golden Visa Program in Partnership with TON

BREAKING: Toncoin (TON) Partnership Announcement Denied by the United Arab Emirates – TON Price Drops

CZ comments on "TON staking earns UAE Golden Visa": Information remains unclear and unconfirmed by the government

UAE Authorities Denies TON-Golden Visa Link, Toncoin Drops 10% Amid Backlash

Russia launches register for crypto mining rigs amid crackdown on illegal miners

Share link:In this post: Russia has set up its register for crypto mining hardware. The government initiative aims to identify illegal mining farms. Moscow wants to bring Russian crypto miners out of the shadows.

SCA leads gains in the Sui ecosystem, surging 36.93% in 24 hours

UAE SCA updates security and commodity token regulations

From Oil to Hashrate: The UAE’s Transition into Bitcoin

Some reports suggest that the UAE holds approximately 420k Bitcoin, but there are no official sources The UAE controls around 4% of the global Bitcoin hashrate The US controls 36% of the global Bitcoin hashrate and 94.8% of Bitcoin held by public companies is in the hands of the US firms.

Swiss Crypto Giant Bitcoin Suisse Secures Abu Dhabi Regulatory Approval—Will $6B Firm Trigger Middle East’s Crypto Boom?

This marks the first major Swiss crypto custodian entering the Gulf under ADGM’s framework, signaling a deeper fusion of European crypto expertise with the Middle East’s rapidly maturing digital asset infrastructure.

NeosLegal Launches UAE Crypto Laws Guide for Web3 Founders

NeosLegal, the UAE’s first crypto-native law firm, has launched the Founder’s Guide to UAE Crypto Laws, a groundbreaking legal resource designed for Web3 entrepreneurs. Officially unveiled at the VC Startup Connect event in Dubai, the guide seeks to demystify the legal complexities of the UAE’s rapidly developing crypto ecosystem.

Scallop Platform Earns Over $5 Million, Will Distribute $200,000 in sSCA Rewards to veSCA Holders

SUI Ecosystem Tokens Surge, SUI Rises Over 23% in 24 Hours

Financial Scams Target UAE: SCA Warns of Fake DFM Site, Imposters

UAE flags unauthorized firms and impersonation schemes Regulator identifies fake websites posing as DFM and licensed companies It urges the public to verify licenses through official SCA platform

Bitcoin Price Analysis: Balancing Long-Term Optimism with Short-Term Sell-Offs

Decoding Recent Bitcoin Market Trends: Dissecting the Struggle Between Long-term Investors' Confidence and Short-term Traders' Panic

Bitcoin Whales Face Unrealized Losses as Short-Term Pressure May Lead to Further Price Decline

Deciphering UAE's Crypto Landscape: Navigating Acronyms and Free Zones

UAE's $17B RWA market fuels regulatory innovation

UAE authorized Bybit’s in-principal approval days before hack

The UAE Digital Asset Market: Profitability, Compliance Challenges, and the US Competition