Uber Introduces Driverless Rides in Abu Dhabi
Uber has launched its driverless taxi service in its fourth region, Abu Dhabi. The initiative is implemented in partnership with the Chinese company WeRide.Abu Dhabi is the capital city of the United Arab Emirates, known for its modern architecture and cultural landmarks.
Uber Introduces Driverless Rides in Abu Dhabi
Uber has launched its driverless taxi service in its fourth region, Abu Dhabi. The initiative is implemented in partnership with the Chinese company WeRide.
Abu Dhabi to Develop $2.5 Billion AI City
Bold Technologies, based in Abu Dhabi, in partnership with AI firm My Aion, has launched a ‘smart city’ initiative aimed at transforming urban infrastructure through artificial intelligence. The parties announced the development of a platform called Aion Sentia Cognitive City, designed to manage complex urban systems. It will operate on the Maia AI engine developed […]
Binance Secures $2 Billion Investment from MGX
The Abu Dhabi-based investment firm specializing in AI and advanced technologies, MGX, has injected $2 billion into the cryptocurrency exchange Binance. This was reported to ForkLog by representatives of the trading platform. This funding marks the first institutional and largest investment for the exchange. It is known that Binance received the funds in stablecoins, though […]
M2 to Enable Bitcoin Purchases via Bank Accounts in UAE
The M2 platform, registered with the FSRA, will allow clients to trade cryptocurrencies directly from their bank accounts, as reported by Cointelegraph. Users can exchange Bitcoin and Ethereum for dirhams and vice versa. There is also an option for depositing and withdrawing funds in the national currency. The company believes that the new integration will […]
Phoenix Group seals $380m deal with MicroBT
The mining company Phoenix Group announced a $380 million contract with the bitcoin-mining device maker under the Whatsminer brand — MicroBT.
IOTA price jumps 66% after Abu Dhabi registration
The IOTA price surged by 66%. The market reacted to the registration of The IOTA Ecosystem DLT Foundation in Abu Dhabi as the first blockchain organization.
Abu Dhabi regulator approves M2 to offer crypto services
FSRA granted the Abu Dhabi-based platform M2 a licence to provide virtual-asset-related services.
Experts explain the specifics of mining in the UAE
The UAE generates about 3.7% of the global Bitcoin hashrate and is the fastest-growing mining centre in the Middle East. Luxor's experts arrived at this conclusion.
Marathon Digital to Build Mining Farms in Abu Dhabi
Marathon Digital announced a partnership with Zero Two to create a large-scale mining site in Abu Dhabi.
Abu Dhabi launches $2 billion fund to back Web3 startups
Representatives of Hub71, the technology-innovation-oriented free zone in the International Financial Centre of Abu Dhabi (UAE), announced the Hub71+ Digital Assets initiative. It envisions allocating $2 billion to attract Web3- and blockchain startups.We use cookies to improve the quality of our service.
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