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Dubai Authorities Warn Against Fake Digital Currency Dubai Coin

Dubai authorities issued a warning against a digital currency called Dubai Coin, stating that the token never received approval from any official authority.  Dubai Does Not Have an Official Digital Currency In a tweet on Thursday (Amy 27, 2021), the Dubai Media Office said that an unlicensed website was promoting the scam token and using Read More

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DubaiCoin Rallies By 1,000% 24 Hours, Going From $0.17 To $1.13

A new cryptocurrency that was inspired by the city of Dubai and formed by it named DubaiCoin is viral in the cryptocurrency news for surging 1,000% after only 24 hours. The cryptocurrency is trading on select exchanges and is launched on a public blockchain. Now, we can see how DubaiCoin rallies, making investors rich and boosting the hype even more. From a price of $0.17, the DubaiCoin cryptocurrency rose to $1.13. Launched by the UAE-based company Arabianchain Technology, this is “the first public blockchain-based cryptocurrency in the Arabic word” as the founders say. The company also stated that people will…

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