lionofdubai

Dubai’s SEE Institute and Cardano Foundation Collaborate to Advance Blockchain-Powered Sustainability

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Blockchain Meets Sustainability: A Groundbreaking Partnership for a Greener Future 🌍 The SEE Institute, a Dubai-based hub for sustainability education and business incubation, has entered into a strategic partnership with the Cardano Foundation to revolutionize sustainability through blockchain technology. This collaboration aims to pave the way for blockchain-powered solutions that foster global sustainability and innovation. […]

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Dubai as the region’s FinTech, AI and Web3 capital

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Dubai: Pioneering the Future of AI, FinTech, and Emerging Technologies This year, the Dubai International Financial Centre (DIFC) has spearheaded transformative initiatives under the Dubai Universal Blueprint for Artificial Intelligence. Among these groundbreaking projects are the Dubai AI Campus and the Dubai AI and Web3 Festival, which underscore Dubai’s commitment to advancing AI and FinTech.

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Bybit Champions Blockchain Innovation and Content Creation at CCCC 2024 as Title Sponsor

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Bybit Leads the Way at the Crypto Content Creator Campus (CCCC) in Dubai Bybit, the world’s second-largest cryptocurrency exchange by trading volume, proudly headlined the inaugural Crypto Content Creator Campus (CCCC) as the title sponsor. This groundbreaking event took place on November 9-10 at W Palm Dubai, uniting over 200 global creators with a combined

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Crypto startups ousted as Ponzi Schemes by US are thriving in Dubai

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Dubai: The Rise of Alleged Crypto Scams and Regulatory Challenges The UAE, particularly Dubai, has garnered global attention for its rapid growth in the cryptocurrency sector. However, this boom has also made it a hotspot for alleged crypto scams, raking in billions under the guise of legitimate enterprises. US authorities and financial experts have raised

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Dubai’s Alleged Crypto Scams Are Raking in Billions

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Cryptocurrency Controversy: Sam Lee Denies Allegations of $2 Billion Ponzi Scheme On a sweltering July afternoon in Dubai, Sam Lee, an Australian entrepreneur, sat in a sleek, climate-controlled wine bar, enjoying a glass of chilled red wine with an air of calm confidence. Earlier this year, Lee had been charged in absentia by US authorities

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Dubai Regulator Issues Warnings for Seven Unlicensed Crypto Entities

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Dubai VARA Warns Against Seven Unlicensed Crypto Entities Dubai’s Virtual Assets Regulatory Authority (VARA) has issued stern warnings against seven cryptocurrency entities falsely claiming to be licensed and regulated within the emirate. The flagged entities include Koto Crypto, Finchain, Crypto Force, Coin Cashy, BTC Bay, XT.com, and Stabit. Each operates outside VARA’s regulatory framework, posing

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DKbitex: The First Advanced Cryptocurrency Exchange of Dubai

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DKbitex: Revolutionizing Cryptocurrency in the Middle East Headquartered in the vibrant city of Dubai, DKbitex is leading the way as a pioneer in the Middle East’s burgeoning cryptocurrency landscape. As the first advanced cryptocurrency exchange established in the region, DKbitex is transforming how individuals access and invest in digital assets. With a mission to empower

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Bitcoin storms above $100,000 as bets on Trump fuel crypto euphoria

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Bitcoin Surges Beyond $100,000: A New Era for Cryptocurrencies In a historic leap, Bitcoin surpassed the $100,000 mark for the first time on Thursday, signaling a transformative moment for the world of cryptocurrencies. Even skeptics are acknowledging this milestone as a significant step toward the mainstream adoption of digital assets, with growing optimism about a

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I was an expat working in Dubai for 4 years. The culture of splurging on luxuries made saving harder than I expected.

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Victoria Blinova worked in Dubai for four years at a boutique marketing firm and Nestlé. She grew up in Cyprus and moved to the UAE in 2013 to attend NYU Abu Dhabi. Expats don’t pay taxes, but Blinova found saving in Dubai hard because of the luxury lifestyle. This as-told-to essay is based on a

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Building Dubai’s Crypto Hub, The Story Of DMCC’s Leadership

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  Dubai: A Global Crypto Hub Revolutionizing the Industry Dubai has emerged as a leading global destination for cryptocurrency companies, outpacing traditional powerhouses like Switzerland and Singapore. At the heart of this transformation lies the DMCC Crypto Centre, a pivotal initiative within the Dubai Multi Commodities Centre (DMCC), one of the emirate’s premier economic free

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