The launch was announced at a gala event at the Museum of the Future, Dubai, on October 10, 2024. OKX also operates an office in the Dubai International Financial Centre (DIFC). OKX, a prominent cryptocurrency exchange, has officially launched in Dubai, marking a significant...

Ad-hoc adoption of GenAI and LLMs by end users will compromise the enterprise attack surface and data privacy, and cybersecurity administrators will need to initiate proactive measures linked to its use Generative Artificial Intelligence or GenAI covers all AI techniques that learn...

Legitimate activity is growing more quickly than illicit activity, but stolen funds and ransomware activity continued to rise in 2024 In addition to the SEC’s approval of Spot Bitcoin ETFs in January, and the unveiling of the Central Bank of the UAE’s stablecoin regulations last month,...

The decision reinforces the importance of clear contractual terms, ensuring that both traditional and cryptocurrency forms of payment are adequately addressed Wages in the UAE can be paid in cryptocurrency if the terms are clearly defined, according to a new judgment from the Dubai...

Crypto markets have benefited this year after the US regulators approved an exchange-traded fund Bitcoin and ether tumbled on Monday to multi-month lows as worries over a possible US recession in the wake of soft data gripped financial markets and triggered a rush to safe-haven assets....

Trading in an ethereum ETF is expected to kick off in the first week of July Following in the footsteps of Bitcoin, the Ethereum cryptocurrency is about to get its own Exchange Traded Fund (ETF). In May this year, the US Securities and Exchange Commission (SEC) approved the...

The Bahrain arm of BitOasis will house a small team as it works to launch a new platform in the Kingdom during the second half of 2024 Cryptocurrency exchange BitOasis has secured a new operational licence in the Kingdom of Bahrain just two months after Dubai regulators lifted a...

Cryptocurrency is more than just a new asset class, it represents a fundamental change in how assets are managed and verified The Middle East region is one of the fastest-growing cryptocurrency markets in the world, valued at a projected $389.8bn between July 2022 and June 2023,...

Bitcoin halving is a technical event that occurs approximately every four years, reducing the reward for mining new Bitcoin by half While Bitcoin has reached record peaks over the past months, some projections put it at crossing the $100,000 mark after the upcoming ‘halving’ event....

Here are key tips from AI early adopters to help IT teams focus on the benefits rather than the hype Few topics could rival the clutch that artificial intelligence (AI) has had on humanity’s collective attention through 2023 – an achievement for which it was named the ‘word of the...