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Shiba Inu And UAE Shake Hands On Web3 Projects To Be Implemented Across UAE’s Public Sector

The UAE is taking measures to integrate next-gen Web3 solutions into the country’s energy, infrastructure, and government services. To this end, the UAE Ministry of Energy and Infrastructure (MoEI) signed a partnership with Shiba Inu on 5 February 2025. The collaboration marks a historic milestone, making MoEI the first-ever government entity of the UAE to … Read more

UAE’s Phoenix Group Announces 50MW Bitcoin Mining Facility In North Dakota

The Phoenix Group, a UAE-based crypto powerhouse, is flexing its muscles in the US. On 6 January 2025, the company announced that its latest 50MW Bitcoin mining facility in North Dakota is officially live and operational. Boosting Hash Rates With Cutting-Edge Tech The North Dakota facility is nothing short of a beast. Designed with advanced … Read more

Binance’s Zhao sparks debate over UAE’s $40b BTC holdings

Binance founder Changpeng Zhao has triggered a discussion about cryptocurrency adoption in the UAE after sharing claims about the nation’s Bitcoin holdings. In a recent X tweet, Zhao shared an article claiming the United Arab Emirates holds $40 billion in Bitcoin (BTC). The figure immediately drew attention from industry observers, particularly crypto lawyer Irina Heaver. … Read more

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