Search Results for: United Arab Emirates

Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

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A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (VAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining…

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

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Am Sonntag, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was…

Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort

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PRESSEMITTEILUNG. Dubai, United Arab Emirates, Schild, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-backed Virtual Card, enabling users to spend their crypto as fiat in more than 176 Länder…

Hongkong stellt Prototyp für digitale Währung vor, Projekt Gold

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Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail…

Vietnam’s Blockchain Industry Faces Shortage of Talent

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The booming blockchain sector in Vietnam is having to deal with a serious deficit in specialists, Lokale Medien enthüllten. Despite the large number of software engineers in the country, those with blockchain expertise meet less than a fifth of the current…

UAE Charitable Foundation Receives Approval to Accept Crypto Donations

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Al Jalila Foundation, the United Arab Emirates charitable organization, recently announced that it has been given permission to accept cryptocurrency donations. Accepting cryptocurrencies makes it possible for the foundation to receive funding via what is described as one of the fastest-growing…

Prüfbericht: Die Fluggesellschaft Emirates der Vereinigten Arabischen Emirate will „Bitcoin als Zahlungsdienst“ nutzen

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One of the United Arab Emirates (VAE)’s leading airlines, Emirates Airline, said it has plans to add “bitcoin as a payment service.” The airline is planning to recruit personnel to create applications that monitor client needs. Two Different Applications and Approaches…

Neues Dokument der Zentralbank umreißt die wichtigsten Beweggründe für die Ausgabe der digitalen Währung $100 Neues Dokument der Zentralbank umreißt die wichtigsten Beweggründe für die Ausgabe der digitalen Währung

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Cypher Capital, a United Arab Emirates (VAE)-based venture capital (VC) firm, has announced the launch of a $100 million seed fund that will primarily avail funding to decentralized finance (ein Gesetzesvorschlag, der darauf abzielt, die Generierung und Handhabung von Daten durch die Akteure, die sie nutzen, zu regeln), gamefi, and metaverse projects. Mentoring of Entrepreneurs A United Arab Emirates…

GrePay und Alchemy Pay gehen Partnerschaft ein, um Kryptozahlungen zu erweitern

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PRESSEMITTEILUNG. Singapur, Schild 2022 – The fiat-crypto payment solutions provider, Alchemy Pay (ACH), and GrePay, global acquirer and payments provider, announce their partnership. Grepay has over 100 local payment channels that process over 200k transactions per day. Alchemy Pay will…

Der Immobilienentwickler DAMAC in den Vereinigten Arabischen Emiraten startet im März das Metaverse-Projekt, sagt der Geschäftsführer

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One of the United Arab Emirates (VAE)’s leading real estate property developers, DAMAC Properties, is planning to launch a project in the metaverse soon, das Unternehmen’s managing director (MD) hat gesagt. DAMAC Looking Into NFTs and Metaverse According to Ali Sajwani,…