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UAE Emerges as Cryptocurrency Hub in the Middle East

UAE Emerges as Cryptocurrency Hub in the Middle East

The United Arab Emirates (UAE) is rapidly becoming a leader in cryptocurrency adoption within the Middle East, according to a recent report by Bitget Research. The report highlights a surge of 166% in the average daily number of crypto traders acros…

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Ethereum Price Hints at Rebound

Ethereum Price Hints at Rebound

Ethereum, the world's second-largest cryptocurrency by market capitalization, has exhibited signs of potential recovery after a slump in the past two years. The token's price has displayed a recent uptick, buoyed by a surge in network activi…
Hackers Mimic LastPass to Breach Vaults

Hackers Mimic LastPass to Breach Vaults

Password manager LastPass finds itself entangled in a deceptive scheme by cybercriminals. Perpetrators are impersonating LastPass staff to infiltrate user accounts, a tactic raising concerns about multi-factor authentication's (MFA) effectivenes…
Remote Revolution Rocks City Foundations

Remote Revolution Rocks City Foundations

The once steady heartbeat of commuting crowds and bustling business districts has become a faint murmur in major cities across the globe. The widespread shift to remote work, spurred by the pandemic, is now triggering a wave of economic and social t…
Crypto Exchange Stalled in Nigerian Tax Trial

Crypto Exchange Stalled in Nigerian Tax Trial

A Nigerian court has postponed the tax evasion trial involving cryptocurrency giant Binance until May 17th. This delay stems from a procedural hurdle: Binance has not been formally served with the charges. The Nigerian Federal Inland Revenue Service…
Grayscale Slashes Fees with New Bitcoin Mini Trust

Grayscale Slashes Fees with New Bitcoin Mini Trust

In a move designed to lure investors seeking lower costs, cryptocurrency giant Grayscale Investments unveiled plans for a new exchange-traded fund (ETF) – the Bitcoin Mini Trust – boasting the lowest expense ratio of any Bitcoin ETF currently availa…
Data Security in the IoT and AI Era

Data Security in the IoT and AI Era

The burgeoning realm of interconnected devices, the Internet of Things (IoT), and the rise of artificial intelligence (AI) are revolutionizing how we live and work. However, this newfound connectivity presents a double-edged sword for data security.…
Unexplained Blast Rocks Pro-Iran Militia Base in Iraq

Unexplained Blast Rocks Pro-Iran Militia Base in Iraq

An explosion ripped through a base belonging to the Popular Mobilization Forces (PMF), an Iran-backed paramilitary group, in southern Iraq on Saturday, leaving one dead and eight injured. The cause of the blast at the Kalsu military base, located ro…
Bitcoin Halving Fails to Ignite Immediate Price Surge

Bitcoin Halving Fails to Ignite Immediate Price Surge

The much-anticipated Bitcoin halving event, which cuts the number of new bitcoins miners receive in half, has come and gone, leaving some enthusiasts disappointed by the lack of an immediate price surge. Analysts, however, remain divided on the long…
Boeing Eyes 2030 Launch for Electric Flying Cars

Boeing Eyes 2030 Launch for Electric Flying Cars

Buckling up for a new era of transportation, Boeing is setting its sights on Asian skies. The aviation giant reportedly plans to launch its flying car business in the region by 2030, aiming to alleviate traffic woes in megacities with electric verti…
Tech Giant Discharges Workers Following Disruptive Protest

Tech Giant Discharges Workers Following Disruptive Protest

Tech giant Google terminated the employment of 28 staff members following a protest that disrupted operations at their offices in Sunnyvale, California and New York City. The demonstration, which involved a prolonged sit-in, stemmed from employee di…
Petrochemical Storm Clouds Gather Over Saudi Arabia

Petrochemical Storm Clouds Gather Over Saudi Arabia

The Saudi Arabian petrochemical industry, a linchpin of the kingdom's economic diversification plans, is confronting a confluence of headwinds in 2024. A sluggish global economy, coupled with a projected growth rate of less than 2%, is dampening…
Bitcoin Halving: Bitcoin Nears Block Reward Reduction

Bitcoin Halving: Bitcoin Nears Block Reward Reduction

The Bitcoin network is hurtling towards a pivotal moment – the fourth ever Bitcoin halving. This pre-programmed event, expected to occur within the next 48 hours, will see the block reward for miners slashed in half, from 6.25 bitcoins to 3.125 bitc…
Crypto Exchange Seeks Indian Return After Regulatory Hurdles

Crypto Exchange Seeks Indian Return After Regulatory Hurdles

Global cryptocurrency exchange Binance is reportedly seeking to re-enter the Indian market, according to a report by The Economic Times. This move comes after the exchange exited the Indian market in 2021 following a regulatory crackdown on cryptocu…
Binance Shifts Emergency Fund to USDC for Stability

Binance Shifts Emergency Fund to USDC for Stability

In a move aimed at bolstering the reliability of its emergency reserves, cryptocurrency exchange giant Binance announced today the conversion of its entire Secure Asset Fund for Users (SAFU) into USDC. Previously, the SAFU fund held a combination of…
Gemini and Genesis to Return Nearly All Earn User Assets

Gemini and Genesis to Return Nearly All Earn User Assets

Beleaguered crypto companies Gemini and Genesis have received a crucial court nod, paving the way for the return of most digital assets owed to Gemini's Earn program users. Under a settlement agreement approved by the Bankruptcy Court, Gemini wi…
Telegram Founder Prioritizes Neutrality and Personal Freedom in Candid Interview

Telegram Founder Prioritizes Neutrality and Personal Freedom in Candid Interview

Pavel Durov, the enigmatic founder of the encrypted messaging app Telegram, offered a rare glimpse into his motivations and the challenges facing his platform in a recent interview. Durov, known for his unconventional approach to business and person…
Exodus at OKX: Key Executives Depart Leading Cryptocurrency Exchange

Exodus at OKX: Key Executives Depart Leading Cryptocurrency Exchange

Two senior executives at OKX, a major cryptocurrency exchange, have reportedly tendered their resignations, according to a recent industry report citing sources familiar with the matter. The departures come amidst a period of regulatory uncertainty …
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