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Banking and Finance

Banking and Finance latest

Bitget Protection Fund Averaged $735M in September, 145% Above Initial Allocation
October 24th, 2025 - 05:54 GMT

Bitget Protection Fund Averaged $735M in September, 145% Above Initial Allocation

Bitget, the world's largest Universal Exchange (UEX) today released its September 2025 Protection Fund Valuation Report, registering an average monthly valuation of $735,503,167, a level roughly 145% higher than the fund’s original $300 million allocation at launch in 2022. The fund peaked at $761,442,500 on September 18 and recorded a monthly low of $708,266,000 on September 24, reflecting steady strength through market fluctuations. Established in 2022 with a stated floor of $300 million, the Protection Fund is designed to provide a transparent, readily verifiable buffer for user assets during abnormal ...
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BH Mubasher Ranks First in DFM’s Brokers Ranking, with a Market Share of 13.79%
January 4th, 2021 - 09:54 GMT

BH Mubasher Ranks First in DFM’s Brokers Ranking, with a Market Share of 13.79%

Saudi Arabia: Sama Grants Micro-Financing License to Zain Subsidiary
January 4th, 2021 - 07:45 GMT

Saudi Arabia: Sama Grants Micro-Financing License to Zain Subsidiary

Crypto News Recap: Bitcoin on Seesaw, Ether is Back from the Dead, XRP Falls from Grace!
January 4th, 2021 - 07:30 GMT

Crypto News Recap: Bitcoin on Seesaw, Ether Is Back from the Dead, XRP Falls from Grace!

Al Yalayis Government Transactions Centre provides integrated government services under one umbrella, says Dubai Economy
January 3rd, 2021 - 01:33 GMT

Al Yalayis Government Transactions Centre provides integrated government services under one umbrella, says Dubai Economy

Deutsche Bank Eyes playing Leading Role in European Banking Consolidation
January 3rd, 2021 - 01:00 GMT

Deutsche Bank Eyes playing Leading Role in European Banking Consolidation

Al Baraka Islamic Bank Wins Two Prestigious Awards from IRBA
January 3rd, 2021 - 07:06 GMT

Al Baraka Islamic Bank Wins Two Prestigious Awards from IRBA

Breaking: Bitcoin Hits $30,000 for the First Time Ever
January 2nd, 2021 - 12:42 GMT

Breaking: Bitcoin Hits $30,000 for the First Time Ever

Lebanon: Two Banks Deny Ties to Hezbollah Lender
December 31st, 2020 - 07:45 GMT

Lebanon: Two Banks Deny Ties to Hezbollah Lender

India Mulls Imposing Tax on Crypto Trading
December 31st, 2020 - 07:15 GMT

India Mulls Imposing Tax on Crypto Trading

Turkey to Pilot Digital Currency in 2021
December 30th, 2020 - 01:00 GMT

Turkey to Pilot Digital Currency in 2021

Burgan Bank’s Working Hours During New Year’s Holiday
December 30th, 2020 - 12:46 GMT

Burgan Bank’s Working Hours During New Year’s Holiday

Burgan Bank Concludes Its Participation in “Orange the World" Campaign To Eliminate Violence Against Women’
December 29th, 2020 - 09:56 GMT

Burgan Bank Concludes Its Participation in “Orange the World" Campaign To Eliminate Violence Against Women’

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