Category: World

From diplomatic negotiations and conflict zones to trade deals, climate challenges, and technological breakthroughs, Arabian Post provides balanced reporting that connects global events with regional implications. With a dedicated focus on accuracy and context, our world news section highlights the voices of policymakers, experts, and communities directly affected by international change.

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The Delhi High Court has mandated a renewed investigation into the July 2024 cyberattack on cryptocurrency exchange WazirX, which resulted in the theft of approximately $235 million in digital assets. This directive comes after the court dismissed an earlier status report from the Delhi Police that concluded no criminal case could be substantiated.

Advocate Jaivir Bains had petitioned the court, seeking criminal proceedings against WazirX's management concerning the

ZBD, a fintech company specializing in Bitcoin Lightning Network payments, has obtained regulatory approval from the Dutch Authority for the Financial Markets (AFM) for its application under the European Union's Markets in Crypto-Assets (MiCA) framework. This approval positions ZBD among the first to operate under MiCA regulations, enabling the company to offer a comprehensive suite of cryptocurrency custody and exchange services across the EU upon the license's activation

Databricks, a leading global player in data and artificial intelligence (AI), has raised $10 billion in its Series J funding round, positioning itself for accelerated growth and further innovation in the AI space. This new investment brings the company’s valuation to $62 billion, reinforcing its stature as a key player in the AI and big data sectors.

The Series J round has been spearheaded by Thrive Capital, a prominent

By Dr. Gyan Pathak The twin bills introduced in the Lok Sabah on December 17 seeking ‘one nation and one election’ – ie simultaneous elections to the Lok Sabha and Vidhan Sabhas of the States and Union Territories –contains provisions of too much centralization

Grammarly, the AI-powered writing assistant, has acquired Coda, a productivity platform originally designed as an advanced alternative to Google Docs. Coda’s evolution into a project management tool that combines the functionalities of documents, spreadsheets, and databases aligns with Grammarly's strategy to enhance its own suite of AI-driven tools. While the specific terms of the deal remain undisclosed, the acquisition is expected to propel Grammarly's capabilities in integrating more

Derek Gee, a 27-year-old cyclist from Ottawa, is gearing up to take the helm of the Israel-Premier Tech team at the upcoming Giro d’Italia. This marks his second appearance in the prestigious race, having made a significant impact in the previous edition. His leadership role signals a growing recognition of his talents and potential in the professional cycling world.Gee’s career trajectory has been closely followed by cycling enthusiasts ever since he joined Israel-Premier Tech in 2022. Known for his tactical

Ohio Congressman Derek Merrin has introduced the Ohio Bitcoin Reserve Act, a proposal aimed at establishing a state treasury-held Bitcoin fund. The bill seeks to grant the Ohio state treasury the flexibility to invest in Bitcoin, positioning the state as a potential leader in cryptocurrency adoption among U.S. states. This initiative allows the treasury to manage Bitcoin holdings without mandating participation from state funds or requiring active involvement

India’s Income Tax Appellate Tribunal (ITAT) has clarified the taxation of cryptocurrency profits, ruling that sales of digital assets made before the introduction of the Virtual Digital Asset (VDA) tax regime in 2022 should be treated as capital gains. The ruling grants taxpayers the advantage of benefiting from long-term capital gains tax rates and deductions, a decision that addresses the ambiguity surrounding crypto taxation in the country. This

Telegram has taken a significant step into the world of non-fungible tokens (NFTs) by launching a new feature that allows users to trade digital stickers. The messaging platform's latest initiative, in collaboration with the TON blockchain, introduces the “Sticker Shop” mini-app. This shop will enable Telegram users to purchase exclusive, limited edition NFT stickers using Telegram Stars, a virtual currency tied to Toncoin (TON).

The Sticker Shop allows creators

The rise of Bitcoin exchange-traded funds (ETFs) has seen a notable milestone, with Bitcoin ETFs now surpassing gold ETFs in assets under management (AUM). This shift represents a significant turning point in the financial landscape, signaling growing investor confidence in digital assets despite gold’s long-established dominance as a safe haven investment.

Bitcoin ETFs, which first launched in 2021, have rapidly gained traction among institutional and retail investors alike. As

By Nitya Chakraborty Leftwing Democratic senator Bernie Sanders is a veteran self proclaimed socialist who has been consistently fighting for drastic cut in the budget of the U.S. military since his election as a young senator from Vermont decades ago. In the November elections, he

Zand, a prominent player in the digital finance sector, has been strengthening its custody services with advanced security protocols aimed at protecting client assets. This move highlights the increasing importance of safeguarding digital assets amid growing concerns about cyber threats in the evolving financial landscape.

The company has invested significantly in both technology and expert security teams to fortify its custodial framework, ensuring that it remains at the forefront

The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to CyberKongz, a prominent non-fungible token (NFT) platform known for its gaming integrations. This notice indicates that the SEC is considering enforcement action against the company, primarily concerning the issuance and sale of its ERC-20 tokens in conjunction with blockchain-based games.

CyberKongz disclosed that initial contact with the SEC occurred two years ago, during which the

By Nantoo Banerjee China’s sudden change of mind to uphold peace and tranquility with India at the Line of Actual Control (LAC) and work for early resolution of outstanding issues should not be read beyond these words as framed at the joint declaration at the end of

A powerful cyclone struck Mayotte, a French overseas territory located in the Indian Ocean, causing extensive damage to infrastructure and homes across the region. The storm, which intensified to hurricane strength, battered the island with relentless winds and heavy rain, leading to destruction that officials are likening to the aftermath of a catastrophic event.The cyclone made landfall over the weekend, with winds reaching speeds of up to 180 kilometers per hour (112 mph), toppling trees, tearing off roofs, and flooding

MicroStrategy, the business intelligence firm that has increasingly positioned itself as a major player in the Bitcoin space, is set to join the Nasdaq 100 index, a milestone that will further integrate Bitcoin-linked assets into mainstream financial markets. The decision underscores the growing intersection between traditional technology firms and cryptocurrency exposure, signaling to investors a new wave of passive investment flows.

This move places MicroStrategy among the 75 largest

By Dr. Nilanjan Banik On November 30, Mr. Donald Trump posted a threat on his social media, warning that if BRICS countries abandon the US dollar, they would face a 100% tariff. This is not a new threat; similar warnings have also been directed

By Dr. Gyan Pathak India’s flagship Employment Linked Incentive (ELI) scheme announced in the Union Budget 2024-25 for decent job creation in the country did not take off even in mid-December 2024. Union Ministry of Finance is busy in making next Union Budget 2025-26,

By Dr. Gyan Pathak Halt all fresh suits, proceedings, and orders in relation to the Places of Worship (Special Provisions) Act 1991, ordered a three-judge bench of the Supreme Court of India on December 12, implications of which will be far reaching since it

A proposed law in New York City aimed at regulating electric bikes has ignited significant debate, with critics arguing that it unfairly targets marginalized communities while failing to address the larger issue of road safety. The legislation, which would impose stricter regulations on e-bikes, is being touted by some as a necessary step to reduce accidents involving these vehicles. However, many activists and community leaders have raised concerns that the law may disproportionately impact low-income workers who rely on e-bikes

The Linux Foundation has launched LF India, aiming to propel open source development across the country, focusing on key technological domains such as cloud computing, artificial intelligence (AI), the Internet of Things (IoT), and blockchain. This initiative aims to empower both developers and startups, providing the necessary infrastructure and support to build scalable, secure, and innovative open-source solutions. LF India reflects the growing importance of open-source technologies in

The number of flesh-eating bacteria cases in Florida has surged, with experts pointing to a confluence of factors including warmer coastal waters and an uptick in severe weather events, such as hurricanes. Among the bacteria responsible for these infections is *Vibrio vulnificus*, a pathogen that thrives in brackish waters and can lead to life-threatening conditions when people are exposed through open wounds or by consuming contaminated seafood.In 2024, Florida has seen an alarming increase in infections caused by *Vibrio vulnificus*,

Step Finance, a pioneering dashboard for Solana blockchain users, has unveiled its strategy to bring tokenized trading of popular stocks, such as Nvidia and Tesla, to the decentralized finance (DeFi) ecosystem. This initiative follows the acquisition of Moose Capital, an early-stage startup specializing in financial licensing and infrastructure. Step Finance aims to launch these services by the first quarter of 2025, positioning itself as a trailblazer in integrating

Guillermo Söhnlein, co-founder of OceanGate, has put forth a groundbreaking proposal to establish a floating colony on Venus by 2050, aiming to send up to 1,000 humans to live in the planet's atmosphere. This plan, under his venture Humans2Venus, focuses on creating a sustainable habitat at an altitude of about 30 miles above the Venusian surface, where conditions are more Earth-like and survivable.Unlike the harsh surface of Venus, which is often regarded as uninhabitable due to extreme temperatures and pressure,

By P. Sudhir The rapid advance of Hayat Tahrir al-Sham and other armed factions led to the fall of Bashar al- Assad’s government in Syria. With this, the US has succeeded in toppling the last of the secular regimes in West Asia.

Base, a layer-2 blockchain solution built atop Ethereum, has garnered significant attention due to its robust growth in 2024, securing $2.7 billion in net inflows year-to-date. The surge marks a pivotal moment for the project, reflecting strong investor confidence and the growing appeal of scaling solutions within the crypto ecosystem. In stark contrast, Ethereum itself, despite its dominance in the space, experienced a record $7.4 billion in net

Google has unveiled its latest AI model, Gemini 2.0, which the tech giant positions as a critical step in the evolution of artificial intelligence. With a focus on enhancing decision-making and multi-step reasoning capabilities, Gemini 2.0 aims to serve as a powerful AI tool for both individual and business use. CEO Sundar Pichai, in his announcement, highlighted the model’s capacity to understand complex contexts, predict outcomes, and autonomously

The Game Developers Association of India (GDAI), a pivotal new entity, has been established to drive forward the video game industry in India. This body is poised to foster a more structured and collaborative ecosystem for developers, empowering the sector to reach new heights. The GDAI marks a significant milestone in India's gaming journey, aiming to connect developers, share resources, and advocate for the industry's growth on both

Regulators from El Salvador and Argentina have entered into a strategic agreement aimed at strengthening oversight in the cryptocurrency sector. The move is seen as a significant step toward enhancing regulatory frameworks and fostering innovation in the rapidly evolving world of digital assets. The collaboration, which aligns both countries’ regulatory authorities, focuses on boosting the integrity, efficiency, and security of virtual and digital asset services.

The agreement was formalized

By Nitya Chakraborty On December 9 Monday, Indian foreign secretary held crucial talks in Dhaka with his Bangladesh counterpart as also the head of interim government Dr. Muhammad Yunus to find some ways for improving the bilateral relations in the wake of reports of attacks on

Coincheck, Japan’s largest cryptocurrency exchange, has marked a significant milestone by becoming the first crypto exchange from the country to be listed on Nasdaq. The Tokyo-based exchange is set to go public through a merger with Thunder Bridge Capital Partners IV, a special purpose acquisition company (SPAC). This development positions Coincheck as a key player in the global crypto landscape, particularly as Japan’s regulatory environment for cryptocurrencies continues

Mohammed Bin Rashid Aerospace Hub (MBRAH) has inaugurated a new hangar facility at Dubai World Central (DWC), marking a significant milestone for both the aviation industry in the UAE and global business aviation. The event, which took place recently, was attended by key figures including Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation, alongside senior executives from MBRAH and Comlux, a prominent name in business aviation,

By Dr. Gyan Pathak The current week is crucial for the Chief Justice of India Justice Sanjiv Khanna. He has a new task in hand –making judiciary above suspicion. The task has come on his way through two sets of petitions – the first

The United States government has approved the export of cutting-edge artificial intelligence (AI) chips to the United Arab Emirates (UAE) under a deal involving Microsoft and the Emirati technology firm G42. This decision comes after a prolonged review, and the deal underscores growing interest in enhancing the UAE’s AI capabilities. Microsoft has invested heavily in G42, forming a partnership to push forward the development of AI technologies in the UAE, but

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