Cointelegraph visited a grocery store and a luxury car club to learn how crypto has been adopted in Dubai. The city of Dubai has been very welcoming to the crypto space, providing much-needed regulatory clarity to help the industry thrive. While this attracts native Web3 and crypto businesses to the emirate, even non-crypto businesses started...Continue Reading

Sending Labs is co-founded by developers of Dolphin, one of the earliest Android-based mobile browsers launched in 2011. Developers of one of the earliest Android-based mobile browsers are working to bring online communication to the next level by introducing it to Web3. Sending Labs, a new startup focused on decentralized communications protocols, has secured $12.5M...Continue Reading

Discover 10 emerging technologies in computer science that are set to shape the future, including quantum computing, extended reality and robotics. Technology is a powerful force that has significantly influenced the future. It has enriched our lives in innumerable ways, from boosting productivity and efficiency to bridging geographical distances. Artificial intelligence (AI), machine learning (ML),...Continue Reading

Despite providing many novel services, DeFi does not differ substantially from traditional finance in its functions, the Financial Stability Board stated. The Financial Stability Board (FSB), the financial regulator funded by the Bank for International Settlements (BIS), is pushing international regulations for decentralized finance (DeFi). The FSB on Feb. 16 issued a report on the...Continue Reading

Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing BUSD, the third-largest stablecoin. The United States Securities and Exchange Commission (SEC) plans to sue Paxos for issuing and listing its Binance USD (BUSD) stablecoin, benefitting its top-rival, Tether (USDT), whose market capitalization has risen...Continue Reading

The proposition to use zero-knowledge proofs was approved by the EU Committee and may become part of the updated legislation. The European Union is famous for its ambivalent relationship with privacy — on the one hand, it was the first place in the world to apply strict data protection regulations. On the other, its central...Continue Reading

Bitcoin proponents called it the start of another bull run, while a few other analysts believe it’s a bear trap. The Bitcoin (BTC) price rose to a new six-month high of $24,800 on February 16, registering a double-digit surge of 15%.  The prolific single-day Bitcoin price surge took many by surprise, given February has been...Continue Reading

Attorneys representing Avraham Eisenberg argued he had already settled his dispute with Mango DAO and shouldn’t have to pay back any more funds. The alleged exploiter of the decentralized finance protocol Mango Markets, Avraham Eisenberg, is seeking to keep his share of crypto gained from his so-called “highly profitable trading strategy.” On Feb. 15, attorneys...Continue Reading

With exchanges losing banking partners, experts are beginnig to warn of a widening relationship between crypto firms and traditional banks. Binance, the world’s leading crypto exchange by trading volume, will temporarily suspend bank transfers in U.S. dollars. The exchange stated in a tweet on Feb. 6 that no other trading methods would be affected. The...Continue Reading

The world’s largest crypto exchange wants to resolve outstanding investigations with U.S. regulators. The world’s largest digital asset exchange, Binance, is preparing to face fines and penalties in order to settle outstanding regulatory and law-enforcement investigations in the United States. According to a Feb. 15 WSJ report citing the firm’s chief strategy officer Patrick Hillmann,...Continue Reading