DEEPSEEK
BNB Chain and YZi Labs Host Hackathon in Abu Dhabi with $160k in Prizes
BNB Chain and YZi Labs are organizing a hybrid hackathon in Abu Dhabi on December 5-6, 2025, offering $160,000 in prizes to foster Web3 innovation.
VeChain's Hayabusa Hard Fork Promises Enhanced Network Security and Growth
VeChain introduces the Hayabusa hard fork to enhance network security and growth through Delegated Proof of Stake, reducing VTHO inflation and improving tokenomics.
Oracle and NVIDIA Propel Abu Dhabi's AI-Driven Government Transformation
Oracle and NVIDIA are collaborating to enhance sovereign AI initiatives in Abu Dhabi, aiming for a fully AI-native government by 2027, significantly transforming public sector operations.
UAE Authority Targets Illegal Crypto Operations on Farms
UAE's capital imposes record AED 100,000 penalties on cryptocurrency mining operations misusing agricultural land, marking 900% fine increase as authorities prioritize food security over digital assets.
UK Cryptocurrency Exchanges Adapt to Enhanced Regulatory Standards
The UK is intensifying regulatory standards for crypto exchanges under the Financial Services and Markets Act, aiming for parity with traditional financial services. Exchanges must comply with stringent risk assessments and finance tests, impacting both domestic and offshore entities.
UK Supreme Court Denies AI's Claim to Inventorship in Landmark Case
The UK Supreme Court's decision not to acknowledge AI as an inventor highlights the importance of human involvement in patent applications, setting a precedent for future AI-related patent disputes.
Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply
Recent data analysis reveals that Alameda Research minted $39.55 billion USDT, nearly half of Tether's circulating supply. The findings underscore the significant role of major crypto trading firms in stablecoin operations, with a detailed examination of USDT's creation and redemption processes.
SEC Files Application to Compel Elon Musk's Compliance with Subpoena
The U.S. Securities and Exchange Commission (SEC) has filed an application to compel Tesla CEO Elon Musk to comply with an administrative subpoena. The SEC is investigating Musk's 2022 Twitter stock purchases and his related statements and SEC filings. Despite initially agreeing to testify, Musk later refused to comply with the subpoena, prompting the SEC to seek court intervention.
Laser Digital Secures In-Principal Approval from Abu Dhabi Global Market
Laser Digital, Nomura's digital asset subsidiary, has received In-Principal Approval from Abu Dhabi Global Market's Financial Services Regulatory Authority. The approval allows the company to offer broker-dealer and asset management services in the UAE, subject to fulfilling specific conditions.
Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility
Marathon Digital Holdings and Zero Two have partnered to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, based in Mina Zayed and Masdar City, will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid.