Source: Coingeek Employees in the United Arab Emirates (UAE) can receive salaries in digital assets after a Dubai Court of First Instance overruled a 2023 decision, setting a new legal precedent. According to the ruling in case number 1739 of 2024, the court held that employees are entitled to receive compensation in both fiat currencies… Continue reading Dubai court recognizes employees’ right to receive salary in digital assets
Source: NFT Plazas Nexus Interactive has raised $2 million in an oversubscribed seed funding round, marking a significant step in its efforts to expand its web3 gaming operations. The funds will be directed toward developing new game titles and enhancing Nexus Interactive’s existing ecosystem, which has already seen substantial community engagement and revenue generation. Key… Continue reading Nexus Interactive Secures $2M Funding for Web3 Gaming Expansion
Source: CoinDesk ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined. BlackRock’s iShares Ethereum Trust (ETHA) has surpassed $1 billion in cumulative net inflows, making it the first among 11 issuers… Continue reading BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
Source: Cointelegraph Tether teams up with the UAE’s Phoenix Group and Green Acorn Investments to launch a dirham-backed stablecoin, which aims to improve international trade and remittances. Tether, the largest stablecoin provider in the digital asset industry, has announced plans to launch a new stablecoin pegged to the United Arab Emirates dirham (AED). According to… Continue reading Tether plans to launch dirham stablecoin with UAE partners
Source: Cryptoflies Sotheby’s launches a new digital art auction featuring prominent NFTs like CryptoPunks and Beeple’s “Mother of Evolution.” British auction house Sotheby’s has announced the launch of its latest digital art sale, featuring popular non-fungible tokens (NFTs) including CryptoPunks and other well-known digital artworks. Among the highlights of the sale are two CryptoPunks, #491… Continue reading Sotheby’s Launches New NFT Auction Featuring CryptoPunks, Beeple, and more
Source: CryptoNews Asset manager Hashdex has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for the first-ever spot Exchange-Traded Fund (ETF) tracking multiple digital assets. The proposed ETF aims to provide investors with diversified exposure to numerous digital assets. The final deadline for SEC approval will be March 2025, noted James… Continue reading Hashdex Files S1 With SEC for First Spot ETF Tracking Multiple Digital Assets
Source: Cointelegraph The Nigerian government has launched an annual training program for 1,000 citizens in AI and blockchain to position Nigeria ahead of global economies and foster innovation. Nigeria has announced a government-led initiative to train 1,000 Nigerians annually on various cutting-edge technologies, including artificial intelligence and blockchain, as it prepares “to overtake other world… Continue reading Nigeria to train 1,000 youths on AI, blockchain every year
Source: Reuters Ferrari (RACE.MI), opens new tab said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars to its European dealers network from the end of this month, after starting in the United States last year. The Italian company will also extend the scheme by the end… Continue reading Ferrari extends cryptocurrency payment system to Europe after US launch
Source: CoinDesk Ethena’s proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum’s development organization. Ethena shared plans to allocate a part of its $235 million USDT stablecoin collateral and $45 million surplus reserve in yield-generating real-world asset (RWA) offerings. BlackRock’s BUIDL fund pitched… Continue reading BlackRock’s $500M Tokenized Fund Pitches for Ethena’s RWA Investment Plan; ENA Rallies 22%
Source: Business Standard Meta uses its Llama models to power its AI chatbot, called Meta AI, which operates inside its apps, including Instagram and WhatsApp, and also as a separate web product “If AI Is Going To Be As Important In The Future As Mobile Platforms Are, Then I Just Don’t Want To Be In… Continue reading Zuckerberg’s Meta aims to rival OpenAI, Google with new Llama AI model
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