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Apex Legends Tournament Sparks Backlash From Queer Fans And Allies
15.4.2024
Respawn’s hero shooter battle royale Apex Legends is an incredibly inclusive game for the queer community. It has several playable LGBTQIA+ legends, has given players Pride Flag cosmetics to showcase their identities in-game, and developer Respawn even put a statement supporting trans rights in...
Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns
23.3.2024
AI startup Anthropic will not accept investments from Saudi Arabia in the sale process of 8% of its shares as part of FTX's bankruptcy proceedings.
The post Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns appeared first on Cryptonews
Mario Kart-Inspired F1 Track Is A Rainbow Road Fever Dream
6.3.2024
On Saturday, Formula 1 will race in Saudi Arabia on the Jeddah Corniche Circuit for the fourth time. It’s officially the longest track in the calendar and boasts the most corners of any circuit in F1, but it’s not the only ridiculous location that F1 could race in the kingdom. Now, race promoters...
Bitcoin’s Leap Past $65K Ignites Speculation of Qatari Billionaire’s Big Buy Post-Atlantis Conference
4.3.2024
Following bitcoin’s climb beyond the $65,000 mark, social media has been buzzing with discussions about the rumored acquisition of bitcoin by a billionaire from Qatar post the Bitcoin Atlantis conference in Madeira. A sighting of a Qatari jet at the airport subsequent to the Bitcoin Atlantis...
Saudi Arabia Rolls Out Metaverse Initiative to Celebrate Cultural Heritage
26.2.2024
The Saudi Arabian government has launched a metaverse to display the country’s cultural heritage which includes history, arts, and crafts.
The post Saudi Arabia Rolls Out Metaverse Initiative to Celebrate Cultural Heritage appeared first on Cryptonews
Hedera Secures $250 Million Partnership with Saudi Ministry of Investment for Web3 and Deep Tech Development
6.2.2024
Hedera, a leading Proof of Stake (POS) blockchain platform, has embarked on a transformative five-year partnership with the Saudi Ministry of Investment (MISA) to catalyze the development of Web3 technologies in the region. The collaboration, valued at $250 million, was unveiled during...
Lavrov Highlights 30 Nations’ Interest in BRICS as China-Saudi Pact Poses Challenge to US Dollar
27.12.2023
In a recent statement by Sergey Lavrov, Russia’s Foreign Affairs Minister, he noted that the BRICS bloc is set to expand in 2024 with new members including the United Arab Emirates (UAE), Iran, and Saudi Arabia. He revealed that approximately “30 countries would like to establish partner ties...
World’s Largest Oil Company Saudi Aramco Partners With SBI Holdings to Potentially Invest in Digital Assets
13.12.2023
Saudi Aramco, the largest oil and gas company by market cap, has partnered with SBI Holdings, a financial services group in Japan, to explore a potential collaboration for investing in digital assets. SBI also contemplates the launch of a subsidiary in the Middle East to expand its influence in...
Animoca Brands Courts $50M Investment From Saudi Arabia's NEOM
30.10.2023
Animoca will build Web3 service capabilities with global commercial application alongside NEOM to support its aspirations as a futuristic tech hub
Saudi’s NEOM partners with Animoca Brands for regional Web3 development
30.10.2023
Saudi Arabia’s forthcoming regional development project, NEOM, has partnered with Animoca Brands to push Web3 in the region and a potential $50 million investment deal
Saudi Central Bank Calls IMF for “Good Supervision” of Crypto Activities
16.10.2023
Ayman Alsayari, Governor of the Saudi Central Bank (SAMA), has warned against the potential dangers and risks of cryptocurrencies and their brokers.
Addressing at a session on the global economy and crypto assets at the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Morocco...
Sam Bankman-Fried considered selling FTX equity to Saudi crown prince, says Caroline Ellison
11.10.2023
Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried's criminal trial, delving into potential investments prior to FTX's bankruptcy
Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold is Now a Payment Method
10.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold...
Saudi Arabia and China collaborate on Arabic-based AI system
10.10.2023
A university in Saudi Arabia has collaborated with two Chinese universities to create an Arabic-focused AI system called AceGPT
Saudi Arabia looks to blockchain gaming and Web3 to diversify economy
8.9.2023
The kingdom is currently diversifying its economy away from oil and turning to new opportunities, such as gaming and Web3
Oil Giants Joining BRICS a Strategic Success for China and Russia, Expert Says
28.8.2023
A German expert says that the BRICS economic bloc adding several oil giants as new members “is a strategic success for China and Russia.” The BRICS leaders announced at their annual summit last week that they have invited Saudi Arabia, the UAE, Iran, Argentina, Egypt, and Ethiopia to join as...
BRICS Summit Looms: Expert Warns of ‘Dramatic’ Shifts, US Dollar’s Wane, and Wall Street’s Blind Spots
18.8.2023
Market expert Peter Grandich is urging the masses to keep a close eye on the BRICS bloc of burgeoning countries, hinting that specific partnerships might usher in “dramatic” ramifications. In just five days, the much-awaited BRICS Summit will convene, and Grandich believes...
IEA Report: Oil Prices on the Brink of Soaring as Supply Narrows and Demand Shatters Records
12.8.2023
The stage is set for a potentially striking upswing in global oil prices, as supply constricts and demand ascends to unprecedented levels. With oil reserves dwindling at a breakneck pace, OPEC’s spare capacity restrained, and powerhouse consumers like China and India snapping up record...
BRICS Expansion to Make West Recognize New World Order, De-Dollarization: UAE Professor
12.8.2023
The accession of new members will allow BRICS to push the West to accept changes in international relations, an expert from UAE has been quoted as stating. That’s valid in particular for cross-border trade and de-dollarization, said Mohamed El Yattioui, professor at the American University in...
Hong Kong and Saudi Arabia collaborate on tokens and payments
27.7.2023
The Saudi Central Bank warned in 2019 that Bitcoin is “not recognized by legal entities” but hasn’t made many statements on crypto since