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Chinese companies embrace DeepSeek AI, sparking investor frenzy
Feb 09,2025
Chinese automaker Great Wall Motor and the nation's top telecom providers are integrating DeepSeek's cutting-edge AI model into their systems, marking a significant step in China's push to lead the global AI race. Great Wall Motor, the country's firs...
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Tether to bring USDT into UAE real estate
Feb 09,2025
Tether and Reelly Tech have joined forces to integrate USDT into real estate transactions across the UAE. Their collaboration aims to enhance efficiency in property deals while educating real estate agents on the benefits of stablecoins. Reelly Tech,...
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Central Bank of Papua New Guinea moves forward with digital currency plans
Feb 08,2025
The Bank of Papua New Guinea has completed its trial for a central bank digital currency (CBDC) and is now exploring the next steps for digital payments. The project, conducted with partners including Soramitsu, Mitsubishi, and the Japanese governmen...
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Cerebras powers Mistral's Le Chat to claim AI speed record
Feb 08,2025
French AI company Mistral has partnered with US chipmaker Cerebras Systems to achieve what it claims is a record-breaking AI response speed. Backed by UAE tech conglomerate G42, Cerebras is providing the computing power behind Mistral's new AI assist...
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Top crypto leaders eye seats on Trump's advisory group
Feb 08,2025
Potential candidates for Donald Trump's Working Group on Digital Asset Markets have emerged, with leading crypto executives vying for spots on the advisory council. Figures such as Ripple's Brad Garlinghouse, Coinbase CEO Brian Armstrong, and Circle'...
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Czech crypto users to enjoy tax break on long-term gains
Feb 07,2025
Czech President Petr Pavel recently signed a bill that exempts cryptocurrency users from paying taxes on long-term gains. Under the new legislation, crypto assets held for over three years will not be taxed when sold, and transactions up to CZK 100,0...
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io.net teams up with Orbit to streamline AI interactions on blockchain
Feb 07,2025
io.net has partnered with Orbit, an AI-driven platform, to enhance transparency in AI interactions within the blockchain sector. The collaboration aims to streamline the way AI agents operate on decentralized GPU ecosystems by making their actions au...
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Blocksquare launches EU-compliant real estate tokenisation framework
Feb 07,2025
Blocksquare has launched a legally compliant real estate tokenisation framework in Luxembourg, marking a major step for Europe's blockchain industry. The new framework integrates with land registries, allowing property owners to tokenize economic rig...
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Cryptocurrency and taxes in focus as Germany votes
Feb 07,2025
Parties vying for power in Germany's February 23 election have outlined diverging financial policies that could affect banking, taxation and cryptocurrency regulation. The conservative CDU/CSU alliance, leading in the polls, aims to strengthen German...
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Google drops diversity-focused recruitment targets
Feb 07,2025
Google has scrapped its diversity-based hiring goals and is reviewing its inclusion initiatives, aligning with other US businesses scaling back such efforts. Chief People Officer Fiona Cicconi confirmed the company would no longer set aspirational di...
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Bitcoin is no longer legal tender in El Salvador?
Feb 07,2025
El Salvador has reversed its historic decision to make Bitcoin legal tender, following pressure from the International Monetary Fund (IMF). The law, enacted in 2021, required all businesses to accept Bitcoin alongside the US dollar, but many merchant...
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El Salvador adds 12 Bitcoin to its growing reserve
Feb 07,2025
El Salvador has made another significant addition to its Bitcoin reserve, purchasing 12 BTC in just one day, as the cryptocurrency market saw a dip. The Central American country bought 11 Bitcoin for just over$1.1 million, with an average price of$10...
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