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Cardano, a blockchain platform launched in 2017, has garnered significant interest for its ambitious goals of enhancing scalability, security, and sustainability within the blockchain realm. But with cryptocurrency’s inherent volatility, is Cardano a worthwhile investment for the average investor? Cardano’s foundation rests on the ADA token, its native cryptocurrency that fuels transactions on the platform. ADA can also be staked, a process akin to earning interest by […]

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Headless browsers, software that replicates a web browser’s functionality without the graphical interface (GUI), are gaining traction across various industries. These browsers offer a unique set of advantages, particularly in terms of speed and efficiency. However, their lack of a visual component presents limitations that users should consider. A key benefit of headless browsers lies in their efficiency. By eliminating the need to render graphics and animations, […]

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Hut 8 Mining, a prominent North American Bitcoin miner, has revealed a surge in interest from institutional investors seeking to purchase the cryptocurrency directly from the company. According to Hut 8 CEO Asher Genoot, major banks have approached the firm in recent times, eager to acquire Bitcoin amid dwindling supplies on centralized exchanges. Genoot attributed this newfound interest to a combination of factors. On the one hand, […]

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Investment giants Morgan Stanley and UBS are poised to make a splash in the cryptocurrency world, with reports suggesting they’ll offer Bitcoin exchange-traded funds (ETFs) on their platforms as early as next week. This move signifies a significant shift in Wall Street’s perception of Bitcoin, potentially opening the door for wider institutional adoption. The news comes after months of speculation surrounding the approval of spot Bitcoin ETFs […]

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Imagine a browser that can access and interact with websites, but remains invisible to the user. This isn’t science fiction; it’s the concept behind headless browsers, programs that perform all the functions of a traditional web browser, minus the graphical user interface (GUI). Headless browsers are gaining traction due to their ability to automate tasks and processes. Unlike traditional browsers, they are controlled through code, allowing them […]

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In a move that could significantly impact international money transfers, PayPal announced today an update to its cross-border payments service, Xoom. U.S. customers can now leverage PayPal’s stablecoin, PYUSD, to send money abroad without incurring Xoom transaction fees. PYUSD is a digital asset pegged to the U.S. dollar, meaning its value remains relatively stable compared to other cryptocurrencies. This stability makes PYUSD suitable for international transactions, reducing […]

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Financial technology company Ripple is entering the stablecoin market with its own US dollar-backed digital currency. This move places Ripple directly in competition with established players Tether (USDT) and USD Coin (USDC), both of which are pegged to the US dollar. Analysts predict the global stablecoin market to balloon to over $2.8 trillion by 2028, up from its current valuation of $150 billion. Recognizing this potential, Ripple […]

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Bitcoin kicked off the second quarter on a high note, after experiencing a significant surge of 64% in the first three months of 2024. This impressive performance marks the cryptocurrency’s third-best quarter since the beginning of 2021, buoyed by a confluence of positive factors. Analysts point to several key drivers behind Bitcoin’s Q1 rally. Increased institutional adoption is a major contributor. Large investment firms and financial institutions […]

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Sharjah’s breathtaking landscape has a new jewel in its crown. On Saturday, His Highness Dr. Sheikh Sultan bin Muhammad Al Qasimi, the Supreme Council Member and Ruler of Sharjah, officially unveiled the Al Hafiya Lake project in Kalba. This picturesque 1.8-kilometer long lake adds another layer of beauty to Kalba’s already stunning natural tapestry. The inauguration ceremony, held in the presence of dignitaries and media personnel, marked […]

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DMF Ventures, a prominent investment firm in the cryptocurrency space, has issued a thought-provoking suggestion: memecoins, often dismissed for their whimsical origins and lack of inherent utility, could become a central marketing strategy for future blockchain projects. This proposal hinges on the undeniable cultural influence and fervent online communities fostered by memecoins. Dogecoin and Shiba Inu, the undisputed kings of the memecoin realm, have transcended the realm […]

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A viral social media post has ignited a debate about airline seating policies after a man shared his experience with IndiGo. Akshay Baheti’s complaint detailed how his family of four was assigned separate seats on a flight from Chennai to Mumbai. The post garnered significant attention, placing IndiGo’s seat allocation process under public scrutiny. IndiGo responded by clarifying their stance. The airline maintains they don’t intentionally separate […]

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In a move designed to address concerns over governance, OpenAI has reorganized its internal venture capital fund. The OpenAI Startup Fund, launched in 2021, initially had Sam Altman, OpenAI’s CEO, at the helm. This structure raised eyebrows as it functioned similarly to a corporate venture arm while being financed by external investors and having Altman call the investment shots. OpenAI has now transferred leadership of the fund […]

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The Miss Universe organization has definitively addressed recent speculation regarding Saudi Arabia’s potential participation in the 2024 pageant. In a statement released online, the organization refuted claims of a confirmed contestant from the kingdom, calling them “false and misleading.” “We would like to categorically state that no selection process has been conducted in Saudi Arabia,” the statement reads. This clarification comes after reports circulated suggesting the nation […]

GOW

Hearing loss affects millions globally, often impacting daily life and social interactions. Traditional hearing aids, however, can be expensive and require specialist fittings. This barrier to accessibility may soon be a thing of the past. Audien, a company focused on making hearing solutions affordable, has unveiled the Audien Atom – the world’s first wireless charging hearing aid priced under $100. Retailing at $99.99, the Audien Atom represents […]

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On Tuesday evening, a wave of unease rippled through UAE residents subscribed to Du mobile services. Many users reported experiencing issues with their network connectivity, leaving them unable to seamlessly utilize applications on their devices. The troubles began around 7:00 PM, as recounted by Aman D., a resident of JVC. D. detailed his struggle to stream music on YouTube across both his phone and television. His concerns […]

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Positive data on U.S. manufacturing triggered a sell-off in Bitcoin Tuesday, as the dollar index climbed to its highest point in nearly five months. The Institute for Supply Management (ISM) reported a surprising uptick in factory activity for March, leading investors to believe the Federal Reserve may be less likely to cut interest rates this year. This, in turn, strengthened the dollar, which has an inverse relationship […]

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The U.S. government has triggered a wave of speculation by transferring nearly $2 billion worth of Bitcoin (BTC) to a new address. The transferred funds are believed to be linked to the now-defunct illegal marketplace Silk Road, which was shut down by federal authorities in 2013. The move, initiated on [DATE], involved a substantial 69,370 bitcoins, according to blockchain analysis firm Elliptic. The firm traced the origin […]

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Bitwise Asset Management, a company with a pending application for a spot Ethereum exchange-traded fund (ETF), is urging the US Securities and Exchange Commission (SEC) to postpone its approval decision until December. This unexpected request has raised eyebrows in the cryptocurrency industry, sparking debate about Bitwise’s motivations. Matt Hougan, Chief Investment Officer at Bitwise, argues that a delay would benefit the launch of an Ethereum ETF. He […]

1arabia updates

Tron, the blockchain platform founded by Justin Sun, is firing back against the Securities and Exchange Commission (SEC) in a legal battle with significant implications for the cryptocurrency industry. In a recent court filing, Tron seeks dismissal of the SEC lawsuit, arguing the agency lacks jurisdiction over the token sale in question. This bold move comes a year after the SEC accused Tron and Sun of conducting […]

1arabia updates

Richard Teng, CEO of the world’s largest cryptocurrency exchange Binance, recently embarked on a visit to South Korea. The trip’s primary objective was to engage in discussions with South Korean financial authorities regarding market access for Binance. This move comes after Binance’s attempt to enter the South Korean market in 2022 through the acquisition of domestic exchange Gopax. The discussions between Teng and South Korean officials likely […]

GOW

For footwear enthusiasts who prize both heritage aesthetics and modern performance, the Huckberry x Danner Mountain Moc 917 offers an exciting new option. This boot, the result of a years-long collaboration between the two brands, takes inspiration from Danner’s iconic 1960s Canoe Moc but injects it with a contemporary twist. Maintaining the timeless silhouette and stitchwork that made the Canoe Moc a favorite, the Mountain Moc 917 […]

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The United States and United Kingdom are reportedly investigating a significant volume of cryptocurrency transactions linked to a sanctioned Russian exchange. According to sources familiar with the matter, authorities are scrutinizing roughly $20 billion worth of transfers involving Tether (USDT), a stablecoin pegged to the US dollar, that transited through Garantex, a digital currency exchange designated by the US Treasury Department in April 2022 for facilitating illicit […]

Asian News by Media-Outreach

Fortune celebrates 30 Asian companies with future growth potential from its inaugural Asia Future 30 List With over 70 international speakers and over 400 participants, the Fortune Innovation Forum created fertile ground for discussion on new strategies for growth in APAC and beyond HONG KONG SAR – Media OutReach Newswire – 28 March 2024 – Fortune Innovation Forum 2024 made waves in Hong Kong as leaders from […]

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The cryptocurrency exchange OKX has reportedly undergone a significant internal shift, prioritizing its US-based compliance department above all other operational units, according to industry journalists. This move comes amidst growing regulatory scrutiny within the crypto space, particularly following the recent indictment of KuCoin and its founders. The indictment has cast a shadow over offshore exchanges, prompting concerns and rumors about potential risks. While OKX has not officially […]

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Marissa Mayer, former CEO of Yahoo and a tech industry veteran, has finally unveiled the initial offerings from her Palo Alto-based startup, Sunshine. But the reveal – two seemingly ordinary apps for photo sharing and event planning – has left many in the tech world underwhelmed. When Mayer co-founded Sunshine six years ago, there was a buzz of anticipation. Given her experience at the helm of major […]

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A recent court decision has delivered a mixed verdict for cryptocurrency exchange Coinbase in its ongoing legal battle with the Securities and Exchange Commission (SEC). The crux of the dispute centers around whether certain Coinbase offerings qualify as unregistered securities. The SEC’s argument hinged on classifying Coinbase Wallet, a service allowing users to store cryptocurrencies, as an unregistered broker. The court, however, disagreed. This victory for Coinbase […]

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Hong Kong residents looking to invest in gold can now do so through a more convenient and accessible method thanks to HSBC’s launch of a tokenized gold product. This innovative initiative, a first-of-its-kind for retail investors in the region according to HSBC, leverages blockchain technology to provide a fractional ownership option for the precious metal. The product, called the HSBC Gold Token, is built on the bank’s […]

Buzz | Arabian Post

Floki, hailed as the world’s biggest success story, has made its presence felt worldwide, from New York’s Times Square to regions beyond. It is now setting its sights on the Middle East and North Africa (MENA) to further extend its influence, especially with its sister project TokenFi. The Arabic video promo shared on X provides a glimpse into what TokenFi products will soon offer in the MENA […]

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Elon Musk’s attempt to silence a watchdog organization known for its research into online hate speech backfired in a California courtroom yesterday. The judge presiding over the case dismissed Musk’s lawsuit entirely, siding with the research group, which focuses on exposing the prevalence of hate speech and harassment on prominent social media platforms. The lawsuit, filed in 2022, stemmed from the organization’s critical reports on Twitter, a […]

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The cryptocurrency market’s spotlight has shifted dramatically towards the movement of money in spot Bitcoin exchange-traded funds (ETFs), pushing traditional market fundamentals aside, according to a recent report by Coinbase. This shift comes on the heels of the first week of net outflows in two months, totaling $836 million, reported by the cryptocurrency exchange between March 18 and March 21. This period coincided with a dip in […]

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