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Getting Started with Staking $RADIO: A Beginner’s Walkthrough with Binance – Medium

Estimated Time: 4 Minutes No Financial Investment Required Earn Rewards by Staking Your Free RadioShack Crypto Tokens Potential Earnings: $4900 or More per year Annual Percentage Yield (APY): Up to 11%

Learn how simple it is to stake your RadioShack tokens and earn rewards! Just follow these steps to start staking now.

Visit the Official Staking Page: Click [here] to access the RadioShack staking platform. Sync Your E-Wallet Securely: Ensure your wallet is connected and secure. Stake Your RadioShack Tokens: Click the stake button and complete the transaction. Confirm Stake: Wait for the alert confirming your tokens are successfully staked.

Staking your RadioShack tokens supports blockchain security and offers passive income. Engage in staking to earn substantial rewards and effortlessly grow your crypto portfolio.

Passive Income: Gain rewards without active trading. High APY: Enjoy an Annual Percentage Yield of up to 11%. Security: Strengthen the blockchain network's security. Growth: Expand your holdings through earned rewards. Good Job! Was this post interesting? Dont forget to and leave your thoughts .

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XRP News Today: Binance Ruling’s Influence on SEC vs. Ripple Case – FX Empire

Does the SEC vs. Binance ruling bolster the Ripple defense against selling unregistered XRP to institutional investors?

Ripple would need to appeal against the court ruling that it breached US securities laws for selling unregistered XRP to institutional investors. Nevertheless, the Binance ruling has significant influences.

The Binance ruling likely bolsters the 2023 Programmatic Sales of XRP ruling. In July 2023, Judge Torres ruled that programmatic sales of XRP do not satisfy the third prong of the Howey Test. Significantly, Judge Amy Berman Jackson cited the Programmatic Sales of XRP ruling in the Binance ruling, surmising,

The court is inclined to agree with the approach of the court in Ripple Labs, since the it-is-what-it-is approach of the SEC appears to be inconsistent with the clear Supreme Court directives [].

The Binance ruling was significant as it poured cold water on the chances of the SEC successfully appealing against the Programmatic Sales of XRP ruling.

An end to SEC plans to appeal against the Programmatic Sales of XRP ruling could be a boon for XRP. In response to the July 2023 court ruling, XRP rallied to a high of $0.9327. However, fears of the SEC appealing against the ruling led to an XRP retreat to sub-$0.50.

With court filings and rulings in focus, investors should remain vigilant. XRP and the broader crypto market remain sensitive to court rulings that impact the crypto regulatory landscape and SEC authority to regulate the crypto space.

Monitor real-time data and expert commentary to adjust your trading strategies accordingly. Stay informed with our latest updates and insights to navigate the crypto market effectively.

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How to Stake xRNBW ($HaloDAO) with Binance: A Step-by-Step Guide – Medium

Estimated Time: 4 Minutes No Financial Investment Required Earn Rewards by Staking Your Free xRNBW Crypto Tokens Potential Earnings: $4300 or More per year Annual Percentage Yield (APY): Up to 16%

Learn the simple process of staking your xRNBW tokens and earn rewards! Follow these instructions now.

Visit the Official Staking Page: Click [here] to access the xRNBW staking platform. Sync Your E-Wallet Securely: Ensure your wallet is connected and secure. Stake Your xRNBW Tokens: Click the stake button and complete the transaction. Confirm Stake: Wait for the alert confirming your tokens are successfully staked.

Staking xRNBW tokens not only supports blockchain security but also offers passive income. Engage in staking to earn significant rewards and effortlessly expand your crypto portfolio.

Passive Income: Gain rewards without active trading. High APY: Enjoy an Annual Percentage Yield of up to 11%. Security: Enhance the security of the blockchain network. Growth: Expand your holdings through earned rewards. Nicely Done! Was this post interesting? Dont forget to and leave your thoughts .

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Binance Faces Legal Challenges in Nigeria Amid Allegations of Unauthorized Operations – Blockonomi

Cryptocurrency exchange Binance is facing significant legal challenges in Nigeria, as the countrys central bank alleges unauthorized banking services and currency conversions. The ongoing case has shed light on the complex relationship between cryptocurrency platforms and traditional financial regulations in emerging markets.

In a testimony before the Federal High Court of Nigeria in Abuja, Olubukola Akinwunmi, head of payment policy and regulation at the Central Bank of Nigeria (CBN), accused Binance of performing banking services without proper authorization. Akinwunmi stated that Binances deposit and withdrawal transactions should be reserved for banks and authorized financial institutions only.

The Nigerian government has accused Binance and its executives, Tigran Gambaryan and Nadeem Anjarwalla, of conspiring to obscure the origins of $35.4 million in alleged illegal financial proceeds.

The case, brought by the Economic and Financial Crimes Commission (EFCC), highlights the growing scrutiny of cryptocurrency operations in Nigeria.

According to Akinwunmis testimony, Binances website misled Nigerians into using its platform for naira transactions via a cash link.

The platform promoted fee-free deposits and flat-fee withdrawals, activities that are regulated by the CBN and typically reserved for licensed banks and financial institutions. Akinwunmi also claimed that Binance facilitated currency conversion from naira to US dollars without the necessary CBN authorization.

A key point of contention is Binances peer-to-peer (P2P) transaction process. Akinwunmi detailed how users could transfer naira to each others bank accounts and confirm the transaction on the platform, prompting Binance to release cryptocurrency or fiat currency. He argued that this service is a regulated activity that Binance was not authorized to perform.

The case has taken on additional complexity due to the detention of Binance executive Tigran Gambaryan.

Arrested on February 28 alongside Binances regional head for Africa, Nadeem Anjarwalla, Gambaryan remains in custody while Anjarwalla has since fled the country. The detention has raised concerns about Gambaryans health and treatment.

Gambaryans family has stated that he is suffering immensely in detention, citing health issues including numbness in his foot, back pain, double pneumonia, and malaria.

However, Nigerian prison officials have countered these claims, stating that Gambaryan has no serious health condition and is doing fine in detention.

The conflicting reports about Gambaryans health have become a focal point in the ongoing legal battle. His lawyers informed the court that despite several court orders, officials at the Kuje prison in Abuja have yet to release his medical records from a hospital visit on June 3.

The case against Binance is part of a broader crackdown on cryptocurrency activities in Nigeria. The countrys National Security Adviser recently classified cryptocurrency trading as a national security issue, leading to directives for fintech startups to block and report accounts engaging in cryptocurrency transactions.

In response to government scrutiny, Binance disabled its peer-to-peer feature for Nigerian users in February. The Nigerian Securities and Exchange Commission has called for measures to delist the naira from P2P platforms to curb market manipulation and protect the integrity of Nigerias capital market.

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SEC Slams Ripple in New Filing, Says Its Reference of Binance Ruling is Irrelevant – The Crypto Basic

The U.S. SEC responds to the notice of supplemental authority from Ripple regarding the Binance decision, which the company argues supports its remedies-related opposition brief.

According to the filing shared by famous defense lawyer James K. Filan, the SEC contended that the Binance decision is irrelevant to the pending remedies motion.

The securities regulator argued that Ripple attempted to use a single observation in the nearly 90 pages of the Binance ruling to argue against harsh penalties. Notably, the SEC stated that Ripples attempt to leverage the Binance decision to extrapolate its litigation strategies is unwarranted.

Additionally, the agency stated that the Binance decision did not address Ripples conduct or penalty for its securities law violation. Furthermore, it contended that Ripple omitted a relevant portion of the Binance decision that could significantly impact the remedies decision.

Specifically, the SEC emphasized that the court rejected Binances argument regarding the fair notice doctrine and found that the defendants are fully aware of potential regulatory risks.

The Binance court also found that, while the fair notice defense is an objective inquiry, it was notable that the defendants were alleged to have actual notice that the SEC could pursue them, [] just like Ripple here had specific notice about the risks of its actions, based on the advice of counsel [] and chose to proceed anyway, the regulatory agency argued in an excerpt of the filing.

Consequently, the SEC asserts that Ripples attempt to leverage the Binance decision to argue against harsh penalties is wholly irrelevant.

Meanwhile, the SECs response to Ripples recently filed supplemental authority elicited reactions among XRP enthusiasts.

Prominent community figure Ashley Prosper questioned the SECs rationale for dedicating a full paragraph to the fair notice doctrine when Ripple did not mention it in its notice.

Prosper claimed that Ripple had no fair notice since it was the first victim of the SEC lawsuit. He also slammed the SEC for its recent legal setbacks since Judge Torres issued the Ripple summary judgment.

The industry commentator urged Judge Analisa Torres to consider Ripples supplemental authority and bolster her ruling against any potential appeal from the SEC.

The SECs filing comes a day after Ripple submitted its supplemental authority around the Binance decision. As reported earlier, Ripple said the Binance judge followed Judge Analisa Torres reasoning to declare that secondary market sales of BNB do not constitute investment contracts.

The company also claimed that the Binance judge criticized the SECs regulation strategy, contending that the judges recognition of the lack of clarity in the industry supports its position against harsh penalties. In the meantime, the parties are awaiting the courts final judgment.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basics opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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South Africa’s message to the rest of Africa – Mariblock

Mariblock Weekly

Jul 9, 2024 at 10:01 AM Updated: Jul 9, 2024 at 12:48 PM 5 min read

Plus: South Africa grants 63 new crypto licenses FSCA chief outlines principles-based regulation CBN official testifies against Binance Fuse Network launches $10K summer hackathon

Oluwaseun here, the lead editor here at Mariblock.

Welcome to Mariblock Weekly, where we bring you the most important developments in the African blockchain scene over the past week.

I think we can safely call this edition of MB Weekly the South African edition. Quite frankly, no other country on the continent produces high signal blockchain and crypto headlines as much as South Africa.

Well, theres the continuation of the Nigeria vs. Binance legal battle, which continues to see Binance staffer Tigran Gambarya lock up.

In a way, the two stories are similar in that theyre becoming a case study of how and how not to regulate a nascent market. For South Africa, a progressive regulatory stance is attracting builders and investments. In Nigeria, builders are fleeing, and so are the investments that builders attract.

Lets get to it!

Stay up-to-date with the latest blockchain developments in Africa

Topline: The Financial Sector Conduct Authority (FSCA) ofSouth Africahas significantly expanded its roster of licensed crypto asset service providers (CASPs), approving 63 new applications in the second quarter of 2024. (Details)

The details: As of June 30, 2024, the total number of licensed CASPs in South Africa was 138, up from 75 in April 2024, FSCA said in a July 2press release.

Oluwaseunsthoughtbubble: As I wrote on LinkedIn, the most notable part of the new licenses for me is that Kotani Pay originally founded in Kenya by Kenyans is now licensed in South Africa.

Switching gears: The FSCA isnt just expanding the number of licensed CASPs; its also ramping up enforcement of its regulations.

Topline: The Financial Sector Conduct Authoritys (FSCA) commissioner, Unathi Kamlana, delivered a wide-ranging public lecture at North-West University on June 26, 2024, addressing South Africas approach to striking a balance between fostering innovation in the financial sector and maintaining effective regulatory oversight. (Details)

Telling quote: The future demands that as regulators we should be both proactive and adaptive, continuously evolving our approaches to keep pace with technological advancements, Kamlana said. This will involve embracing new regulatory frameworks, leveraging advanced technologies for oversight, and maintaining a flexible mindset to accommodate the rapid changes in the sector.

The details: In a move to match words with action, Kamlana said the FSCA is shifting towards a principles-based regulatory approach.

Of note: The FSCAs regulation places significant oversight responsibilities on key individuals, which include top executives.

Topline:A Central Bank of Nigeria (CBN) official has testified that Nigerian users of Binance conduct transactions using pseudonyms, potentially complicating the ongoing legal case against the cryptocurrency exchange. (Details)

The details: Olubukola Akinwumi, deputy director at the CBN, testified before the Federal High Court in Abuja on July 5, 2024.

Oluwaseuns thought bubble:The stark contrast between Nigeria and South Africas approaches to crypto regulation is becoming increasingly significant, with the effects growing more apparent by the day.

Crypto exchange KuCoin imposes 7.5% VAT on transaction fees for Nigerian users (Mariblock)

South Africa announces 30 investigations into crypto activities (Mariblock)

Binance vs Nigeria: A timeline of events as they unfold (Mariblock)

Worldcoin to resume operations as Kenyan police drop investigations (Mariblock)

Nigeria to launch AI and Blockchain research hub nationwide (Mariblock)

Nigeria's SEC announces regulatory sandbox for crypto firms (Mariblock)

Fuse Network is hosting its summer 2024 hackathon from July 15th to August 4th, with a $10,000 prize pool. (Details )

Thats it for this week.

See you next week.

Cheers,

Oluwaseun.

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South Africa's message to the rest of Africa - Mariblock

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Two Whales Deposit 9,500 BTC to Binance in a week – Crypto Times

Since June 27, two wallets have deposited 9,500 BTC to Binance, indicating potential whale liquidations worth nearly $550 million.

Blockchain analytics firm Lookonchain identified these wallets, which might be liquidating nearly $550 million in Bitcoin holdings. These transfers were initially valued at $575 million but have since dropped to $537 million after Bitcoin price fell.

Blockchain analytics firm Lookonchain first identified these transactions, suggesting they may indicate large-scale investors, often referred to as whales, liquidating their Bitcoin holdings. The timing of these deposits coincided with declines in bitcoins price, which were possibly influenced by the large sell-offs.

One of the wallets, still holding over 4,300 bitcoins worth nearly $250 million, made its most recent deposit just two days ago. This ongoing movement of funds to Binance addresses, flagged as deposit wallets by Arkham Intelligence, underscores a significant shift in cryptocurrency holdings among large investors.

The crypto market has been particularly sensitive to such movements recently, partly due to the repayment of creditors associated with the hacked exchange Mt. Gox. This ongoing process, involving Bitcoin and Bitcoin cash repayments, has triggered substantial liquidations across the market.

However, the exact timeline for these repayments varies by custodian, potentially leaving some creditors waiting for up to three months to receive their digital assets.

This influx of Bitcoin to Binance highlights the ongoing dynamics of large-scale transactions within the cryptocurrency ecosystem, influencing market trends and investor sentiment.

As these whales continue to adjust their holdings, the broader market remains attentive to potential impacts on prices and overall market stability.

Also Read: Brace for Mt. Gox Creditors 99% Bitcoin Sell-off: Analyst

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Incoming Binance Update Affecting Bitcoin (BTC) and Ethereum (ETH) Traders: Details – TradingView

Key points:

TL;DR

Binances Latest Move

The worlds largest cryptocurrency exchange Binance will terminate trading services for the following six pairs: BTC/AEUR, ETH/AEUR,AI/TUSD, CHR/BNB, GAS/FDUSD, and LQTY/FDUSD. The amendments will take effect on July 5.

The company did not provide an exact reason for the delisting effort, reminding that it periodically reviews all listed spot trading pairs and removes some in case of poor liquidity or other factors.

The majority of the affected cryptocurrencies are in the red today (July 3). Their poor performance coincides with the sectors overall decline. According to CoinGeckos data, the global crypto market capitalization is currently standing at around $2.35 trillion, a 3.5% plunge compared to the figure observed the day before.

As CryptoPotatoreported, Bitcoins (BTC) price retraced toward the $60K mark, while Ethereum (ETH) dipped to approximately $3,300.

Contrary to halting services for some existing trading pairs, Binance recently included some new ones in its platform. WIF/BRL, ZK/USDC, and ZRO/USDC were added to Binance Spot. It is worth noting that the service is not available to all clients:

Currently, users residing in the following countries or regions will not be able to trade the above-mentioned spot trading pair(s): Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States of America, and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.Previous Binance Announcements

The exchange has enforced numerous similar changes since the beginning of the year. Last month, itceasedtrading services with the following pairs: ALPACA/BTC, NFP/TUSD, MDX/BTC, QUICK/BTC, and XAI/BNB.

A few months before, Binance terminated all operations involving Monero (XMR). The move was followed by a price crash for the popular privacy coin.

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Probing Dark Matter: Quantum Technology and the Quest To Solve Space’s Biggest Mystery – SciTechDaily

Researchers are using quantum technologies to develop sensitive dark matter detectors, focusing on two likely candidates: weakly interacting particles and axions. The technology involves superfluid helium-3 and quantum amplifiers. (Artists concept.) Credit: SciTechDaily.com

Scientists are employing advanced quantum technologies to build highly sensitive dark matter detectors, aiming to directly observe and identify dark matter, which makes up 80% of the universes matter.

One of the greatest mysteries of science could be one step closer to being solved.

Approximately 80% of the matter in the universe is dark, meaning that it cannot be seen. In fact, dark matter is passing through us constantly possibly at a rate of trillions of particles per second.

We know it exists because we can see the effects of its gravity, but experiments to date have so far failed to detect it.

Taking advantage of the most advanced quantum technologies, scientists from Lancaster University, the University of Oxford, and Royal Holloway, University of London are building the most sensitive dark matter detectors to date.

Their public exhibit entitled A Quantum View of the Invisible Universe was showcased at this years Royal Societys flagship Summer Science Exhibition.

The researchers include Dr. Michael Thompson, Professor Edward Laird, Dr. Dmitry Zmeev, and Dr. Samuli Autti from Lancaster, Professor Jocelyn Monroe from Oxford, and Professor Andrew Casey from RHUL.

EPSRC Fellow Dr Autti said: We are using quantum technologies at ultra-low temperatures to build the most sensitive detectors to date. The goal is to observe this mysterious matter directly in the laboratory and solve one of the greatest enigmas in science.

The experiment is at about a 10,000th of a degree above absolute zero in a special refrigerator; Dr. Autti (right). Credit: Lancaster University

There is indirect observational evidence of the typical dark matter density in the galaxy, but the mass of the constituent particles and their possible interactions with ordinary atoms are unknown.

Particle physics theory suggests two likely dark matter candidates: new particles with interactions so weak we havent observed them yet, and, very light wave-like particles termed axions. The team is building two experiments, one to search for each.

Of the two candidates, new particles with ultra-weak interactions could be detected through their collisions with ordinary matter. However, whether these collisions can be identified in an experiment depends on the mass of the dark matter being searched for. Most searches so far would be able to detect dark matter particles weighing between five and 1,000 times more than a hydrogen atom, but it is possible that much lighter dark matter candidates may have been missed.

The Quantum Enhanced Superfluid Technologies for Dark Matter and Cosmology (QUEST-DMC) team aims to reach world-leading sensitivity to collisions with dark matter candidates with mass between 0.01 to a few hydrogen atoms. To achieve this, the detector is made of superfluid helium-3, cooled into a macroscopic quantum state, and instrumented with superconducting quantum amplifiers. Combining these two quantum technologies creates the sensitivity to measure extremely weak signatures of dark matter collisions.

By contrast, if dark matter is made from axions, they will be extremely light more than a billion times lighter than a hydrogen atom but correspondingly more abundant. Scientists would not be able to detect collisions with axions, but they can search instead for another signature an electrical signal that results when axions decay in a magnetic field. This effect can only be measured using an exquisitely sensitive amplifier that works at the highest precision allowed by quantum mechanics. The Quantum Sensors for the Hidden Sector (QSHS) team is therefore developing a new class of quantum amplifier that is perfectly suited to search for an axion signal.

The stand at this years exhibition will enable visitors to observe the unseeable with imaginative hands-on exhibits for all ages.

Demonstrating how we infer dark matter from observing galaxies, there will be a gyroscope-in-a-box that moves in surprising ways due to the unseen angular momentum. There will also be glass marbles that are transparent in liquid, showing how invisible masses may be observed using clever experimentation.

A light-up dilution refrigerator will demonstrate how the team achieves ultra-low temperatures, and a model dark matter particle collision detector will show how our Universe would behave if dark matter behaved like normal matter.

Visitors can then search for dark matter with a model axion detector by scanning the frequency of a radio receiver, and they can also create their own parametric amplifier using a pendulum.

Cosmologist Carlos Frenk, Fellow of the Royal Society and Chair of the Public Engagement Committee, said: Science is vital in helping us understand the world we live in past, present, and future. I urge visitors of all ages to come along with an open mind, curiosity, and enthusiasm and celebrate incredible scientific achievements that are benefiting us all.

Reference: QUEST-DMC: Background Modelling and Resulting Heat Deposit for a Superfluid Helium-3 Bolometer by S. Autti, A. Casey, N. Eng, N. Darvishi, P. Franchini, R. P. Haley, P. J. Heikkinen, A. Kemp, E. Leason, L. V. Levitin, J. Monroe, J. March-Russel, M. T. Noble, J. R. Prance, X. Rojas, T. Salmon, J. Saunders, R. Smith, M. D. Thompson, V. Tsepelin, S. M. West, L. Whitehead, K. Zhang and D. E. Zmeev, 15 May 2024, Journal of Low Temperature Physics. DOI: 10.1007/s10909-024-03142-w

The research in this exhibit is supported by the UKRI Quantum Technologies for Fundamental Physics program.

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Dubai to Host the Second Edition of The Quantum Innovation Summit – The Quantum Insider

Insider Brief

PRESS RELEASE The Quantum Innovation Summit returns for its second edition from February 25-27, 2025, at The H Hotel, with additional virtual participation via the QIS Event APP. Hosted by Vernewell Group, this prestigious event coincides with the International Year of Quantum Science and Technology, declared by the United Nations for 2025. Celebrating 100 years of quantum mechanics, the summit aims to catalyze global advancements and collaborations in quantum technologies, setting a transformative agenda for key industries worldwide.

Theme: Quantum Frontiers: Innovating for a Secure Future Building upon the formidable success of its inaugural edition, this years theme emphasizes the pivotal role of quantum technologies in tackling critical global challenges, from enhancing global security to promoting health and environmental sustainability. The Quantum Innovation Summit 2025 is dedicated to significantly elevating global awareness and accelerating the deployment of quantum technologies across critical sectors such as energy, aviation, cybersecurity, finance, defense, and space exploration.

Malak Trabelsi Loeb, Founder and President of Vernewell Group, reflects on the Summits goals: The second edition of the Quantum Innovation Summit is designed as a catalyst for profound industry transformations. By showcasing practical applications and encouraging the adoption of quantum technologies, we are not only celebrating a century of quantum mechanics but are actively shaping a future where these technologies are at the heart of industry innovation and global problem-solving. She adds: With this edition, we aim to catalyze a major leap forward, propelling quantum innovations to new heights and driving profound transformations across diverse industries.

Key Features of the Summit:

Official Academic Partner:We are excited to announce our partnership with the Center for Quantum and Topological Systems (CQTS) at New York University Abu Dhabi. This partnership is set to promote groundbreaking research and influential collaborations in quantum technologies.

Sponsorship and Exhibition Opportunities:For opportunities to sponsor, exhibit, or speak, please contact us at[emailprotected]. We aim to optimize ROI for our partners by transforming prospects into tangible outcomes.

Join Us:Do not miss this chance to ignite innovation, seize opportunities, and secure your future in the quantum realm. For more information, visitquantuminnovationsummit.com

About Vernewell Group

Vernewell Group Inc. oversees a portfolio of subsidiaries in key sectors such as space and deep tech, with an emphasis on quantum technology, cryptography, and artificial intelligence. Our corporate strategy centers on robust risk management and proactive growth initiatives. At Vernewell Group Inc., we focus on creating a diversified and synergistic ecosystem of companies and partnerships in the Middle East and North Africa. We aim to drive the success of our subsidiaries, ensuring they lead in their respective fields while contributing to the broader advancement of technology and education in the region. Our mission is to be a pivotal force in shaping the future of these high-tech industries, fostering innovation, and setting new standards of excellence with a human-centric approach.

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