ATM makers have recently warned the public that hackers may be targeting US cash machines with tools that force them to spit out cash in a hacking schemes known as “jackpotting.”
Education, Government
Preparing young Emiratis in AI is vital for UAE’s future, says minister
Omar Sultan Al Olama, UAE’s Minister of State for Artificial Intelligence, member of the Board of Trustees of Dubai Future Foundation and deputy managing Director, has revealed a new initiative that aims to equip the next generation of Emiratis with leadership skills.0 3882
Bubble or opportunity: where are cryptocurrencies heading?
Globally, the jury is still out regarding bitcoins, as there are many supporters for the cryptocurrency, but also critics.
Qatar mulls implementation of virtual currencies: central bank chief
Qatar’s central bank will consider the topic of virtual currencies and there may be an opportunity in the future to introduce them in Qatar, Reuters reported.
Dubai poised to be the blockchain capital of the world
The organisation said it is close to rolling out 20 blockchain applications in a number of government firms including the Dubai Roads and Transport Authority, Dubai Police and DEWA among others.
Parity: Bug freezes $162 million cryptocurrency
Hackers never give up! They’re like those opportunists who would mercilessly rob you the first chance they get. Recently, they …
Cryptocurrency withdrawals will soon be available at UAE ATMs
NCR has announced that it has teamed-up with CoinHub to enable users to make cash withdrawals from their cryptocurrency account at the ATM.
KPMG Kuwait to accept payments in bitcoins
KPMG, a global network of professional firms providing audit, tax, and advisory services, has announced that its office in Kuwait will now accept payments in bitcoins for a wide range of consulting services.
France seeks bitcoin regulation dialogue at G20
France Finance Minister Bruno Le Maire has reportedly said that he aims to propose that the G20 group of major economies discuss regulation of the bitcoin virtual currency next year.
CBB teams up with Bahrain FinTech Bay
The announcement is the most recent in a series of steps affirming the CBB’s commitment to developing Bahrain into a leader of fintech innovation.
UAE, Saudi Arabia plan to launch joint digital currency
The UAE is working with Saudi Arabia’s central bank to develop a joint digital currency to be used for cross-border transactions between the two nations.