Saudi Arabia’s King Abdulaziz Port sets new container throughput record

Saudi Arabia’s King Abdulaziz Port sets new container throughput record
Saudi Arabia’s King Abdulaziz Port sets new container throughput record

Thank you for reading the news about Saudi Arabia’s King Abdulaziz Port sets new container throughput record and now with the details

Jeddah - Yasmine El Tohamy - Crypto Moves — Bitcoin and Ethereum fluctuate; ’s Nexus project obtains first crypto license

RIYADH: Bitcoin, the leading cryptocurrency internationally, traded higher on Monday, rising by 1.21 percent to $24,863 as of 7:56 a.m. Riyadh time.

Ethereum, the second most traded cryptocurrency, was priced at $1,984 falling by 0.26 percent, according to data from Coindesk.

On Bitstamp, Bitcoin rose to $25,212, the highest since June 13, before falling to $24,863.

Dubai’s Nexus project obtains first crypto license

Nexus Dubai, the decentralized financial payment system disrupting traditional payment systems on the blockchain, has secured the first license in the world for a cryptocurrency exchange business in Dubai, according to a statement.

The project aims to facilitate better interconnectivity and digital technology advancements in the UAE, as well as accelerate the development of digital payments, the statement said.

Tatsuya Takizawa, founder and CEO of NXD,  said in a statement: “The fact that we were able to register the license in Dubai is a major milestone, and also proves Nexus Dubai’s commitment to compliance. We aim to have NXD services in use throughout the UAE within three years.”

There are currently multiple crypto exchanges where Nexus Dubai is listed, including MEXC Global, BingX, BYBIT, and Bitget. On, a leading cryptocurrency exchange with over 1400 cryptocurrencies and stablecoins, the NXD token is now available for trading, the statement said.

Using the UAE merchant network, NXD, in partnership with different companies there, allows users to make payments easily in retail stores, restaurants, hotels, and more.

Acala’s stablecoin falls 99 percent after hackers issue 1.3b tokens

The stablecoin of decentralized finance platform Acala, a USD, depegged on Sunday after hackers exploited a bug to mint 1.28 billion tokens, according to Coindesk.

The Acala team disabled the transfer functionality of “erroneously minted aUSD” remaining on the Acala chain after discovering the exploit, Coindesk said.

Approximately 1.27 billion aUSD are still in a wallet believed to belong to the attacker.

Several other users have allegedly stolen thousands of dollars worth of DOT from the liquidity pool in addition to the attacker who made 1.28 billion aUSD.

Coinbase defines DOT as "a protocol that connects blockchains — allowing value and data to be sent across previously incompatible networks." 

Since its launch earlier this year, aUSD has successfully held its soft peg to the US dollar.

As a result of the attack, aUSD’s price plummeted from $1.03 per token to $0.09 per token.

Whether or not Acala will be able to restore the aUSD peg remains unclear, Coindesk concluded.

These were the details of the news Saudi Arabia’s King Abdulaziz Port sets new container throughput record for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Arab News and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT Emirates carried over 10m passengers this summer

Author Information

I am Joshua Kelly and I focus on breaking news stories and ensuring we (“Al-KhaleejToday.NET”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Al-KhaleejToday.NET specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 838 Emily Drive Hampton, SC 29924, USA Phone: (+1) 803-887-5567 Email: [email protected]