Dubai court recognizes crypto as valid salary payment: Law Decoded

August 19, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Dubai’s latest ruling marks a significant shift in the legal acceptance of cryptocurrencies, aligning the UAE with global trends in digital finance.

Bitcoin is poised to record a new all-time high of $80,000 in 2024, the same year stablecoins are set to collectively settle more money than payments giant Visa, says a Bitwise senior research analyst.In a Dec. 13 post to X (formerly Twitter), Bitwise’s Ryan Rasmussen outlined ten bullish predictions for the crypto industry in 2024

'I put most of my wealth into Bitcoin, so I am fully committed' — RFK

RFK Jr. has been a longtime Bitcoin advocate, praising its power to transmute currency inflation as US government debt tops $36 trillion.

Detroit residents will be able to pay taxes with crypto from mid-2025

Detroit says the move to begin accepting crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels.

Fed’s Lael Brainard hints at US playing a lead role in development of CBDCs

“A U.S. CBDC may be one ... way to ensure that people ... can ... rely on ... U.S. currency to ... conduct business," said Brainard. 188 Total views 12 Total shares Lael Brainard, a member of the Federal Reserve’s Board of Governors, encouraged the United States to be a leader in research and policy…

Best monthly gains since October 2021 — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week and a new month on a cautiously positive footing after protecting crucial levels.After an intense July in which macro factors provided significant volatility, BTC price action managed to provide both a weekly and monthly candle favoring the bulls.The road to some form of recovery continues, and at some points…

ChatGPT and Claude are ‘becoming capable of tackling real-world missions,’ say scientists

The scientists developed a tool called "AgentBench" to benchmark LLM models as agents. 57 Total views 1 Total shares Nearly two dozen researchers from Tsinghua University, Ohio State University and the University of California at Berkeley collaborated to create a method for measuring the capabilities of large language models (LLMs) as real-world agents.LLMs such as…

EOS’ First Hard Fork Successfully Completed

EOS, the seventh-largest cryptocurrency by market capitalization, performed its first hard fork on Monday.The EOS update tracking tool maintained by the chain’s block producer, EOSNation, reports that EOS block producers (BP) signaled their intent to implement the update.According to the website, this is the largest upgrade that the network has seen so far, and the…

3AC liquidators seek time, access to headquarters as Genesis, Algorand ties are untangled

In a court filing in Singapore, 3AC's liquidators seek to slow down an expected onslaught of suits while they figure out the company’s complex financial dealings. 506 Total views 6 Total shares The liquidators of failed crypto hedge fund Three Arrows Capital (3AC) have filed an application in the High Court of Singapore for a…

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