UAE to use AI in defense, aims for 50% AI in government by 2028

Tech  UAE to use AI in defense, aims for 50% AI in government by 2028  The United Arab Emirates (UAE) Ministry of Defense is planning to roll out digital transformation and artificial intelligence (AI) projects as part of its efforts to modernize the countrys operational systems, Gulf News reported.  The initiative was launched following directives from the UAEs leadership. It will be overseen by the Office of the Assistant Minister of State for Digital Transformation, Technology and Artificial Intelligence, as well as strategic partners.  The ministry announced that the projects aim to accelerate the integration of advanced digital technologies within the defense sector, enhance efficiency, and align the sector‘s operations with the Gulf country’s goals for a more agile and responsive digital government as part of the UAE Digital Transformation Strategy 2031.  The program will emphasize the use of AI for planning, data analysis, and the development of advanced systems to improve resource management. Additionally, it seeks to boost the ministrys capacity to respond quickly to technological challenges, both domestically and internationally.  According to the ministry, these initiatives are part of a broader effort to upgrade digital infrastructure, integrate AI systems across the defense operations, and develop national capacities for future digital transformation plans. It claimed

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MegaETH MEGA Token Launch and Coinbase Listing

Tech  MegaETH MEGA Token Launch and Coinbase Listing  Ethereum layer-2 network MegaETH, promising fast and cheap transactions for consumer-focused on-chain projects, launched its long-awaited native token MEGA on Thursday. Trading at 0,156 dollars at launch, MEGA has now reached a market cap of 176 million dollars, with a fully diluted value pointing to 1,56 billion dollars. According to CoinGecko data, the token has declined about 30% since its morning opening; this is a common reaction in new token launches with limited initial liquidity. The project team manages the token supply with an approach different from traditional vesting and ties it to network performance.  MegaETH MEGA Token Supply and Performance-Based Distribution  MegaETH tracks ecosystem growth through total value locked (TVL) and the circulating supply of its native dollar stablecoin USDm, while also monitoring factors like network speed and Ethereums overall decentralization. As these milestones are achieved, more of the total 10 billion supply will be released; so far, only 1,129 billion has been made available for distribution. Contributors will earn rewards by staking their tokens, with long-term locks providing higher returns. A significant portion of the total supply is allocated to performance-based reward programs, while venture capital investors, team-advisors, token foundation, and ecosystem reserve actors

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SBI Holdings in talks to take controlling stake in crypto exchange Bitbank

Crypto  SBI Holdings in talks to take controlling stake in crypto exchange Bitbank  SBI Holdings, the Japanese financial services conglomerate operating across banking, securities, and insurance, has entered into discussions with Bitbank Co., Ltd. regarding a capital and business alliance that could result in the crypto exchange becoming a consolidated subsidiary, CoinPost reported this morning.  The company intends to acquire shares after completing due diligence, though timing and structure remain undecided.  Bitbank Co., Ltd. operates Bitbank, a Tokyo-based crypto exchange specializing in Bitcoin and other digital assets traded against the Japanese yen. The exchange ranks third in Japan by trading volume and market share, making it a key player in the domestic crypto market.  Earlier this month, Bitbank launched Japans first crypto-backed credit card in partnership with EPOS Card Co., Ltd., enabling Visa payments directly from exchange balances.  The company has also raised capital from investors including Mixi, the Japanese social networking and gaming company, and is preparing for a potential Tokyo Stock Exchange listing while expanding into GameFi and institutional services.  Japans regulatory shift  Japan is in the middle of rewriting the rules for crypto. Lawmakers are moving to fold digital assets under the Financial Instruments and Exchange Act, essentially treating them more like traditional securities. That

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Microsoft stock wipes $124 billion in a day despite double earnings beat

Microsoft stock price one-day chart. Source: GoogleHow the AI boom led to Microsoft erasing $124 billion in a day  Such performance is most likely linked to Microsoft following the trend of increasing capital expenditure (CapEx) to further the development of artificial intelligence (AI) technology and infrastructure, with the result of diminishing free cash flow almost uniformly triggering investor anxiety.  In the case of the company behind , Q3 CapEx and finance leases amounted to $31.9 billion, while gross margins fell, at 67.6%, to their lowest percentage since 2022. Free cash flow margin likewise diminished compared to the same period one year earlier, dropping from 29% to 19.1%.  Notably, the 3.93% decrease in AI expenditure is in line with an overall trend in 2026, though the late April losses were significantly smaller than the previous $360 billion daily wipe that came after the revelation that as much as 45% of Microsofts backlog was tied to OpenAI.  Why Microsoft stock will likely rally in May  Elsewhere, it appears unlikely that MSFT stock‘s latest drop will prove sticky, considering the firm’s other reported figures were overall strong. The blue-chip technology giant, for example, offered a double beat in terms of revenue and earnings per share (EPS).  Indeed, the firms

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BNB Chain Welcomes xStocksFi – A New Era of 24/5 Tokenized U.S. Equity Trading

BNB Chain has announced that xStocksFi is being included as a new partner within the BNB Ecosystem. This represents a large step forward in the development of “On-chain Capital Markets” by bringing over 50 Tokenized Equities of US companies directly to the BNB Community. The partnership will continue to develop by adding over 100 additional assets soon; thus, providing superior levels of liquidity and 24/5 availability for access to some of the most sought-after financial instruments anywhere in the world.  Bridging TradFi and DeFi with 1:1 Backing  xStocksFi on the BNB Chain launches an entirely new trading pair for global investors to trade on the Wall Street stock market as opposed to simply using a “Synthetic” price tracker. xStock is a completely different way for regulated companies to issue stocks with Backed Finance, the company that provides liquidity, and they are guaranteed 1:1 by the physical assets stored in a custodial account for the asset.  Using institutional quality infrastructure, xStocksFi provides that on-chain transactions provide real equity exposure; benefits from a new level of transparency and programmability thanks to the use of blockchain technology.  The next chapter within xStocksFi enables users to trade a wide range of assets from major global companies such as

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Terra Classic (LUNC) Rallies 60% in Seven Days: Examining the Catalysts Behind the Surge

The primary catalyst fueling this rally is the ongoing reduction in circulating supply. More than 444 billion LUNC tokens have been permanently removed from existence, representing roughly 6.4% of the total supply. Additionally, nearly 932 billion tokens are currently locked in staking mechanisms, further constraining the available trading supply.  Recent burning activity has been particularly aggressive. Over just the last 72 hours, approximately 630 million LUNC tokens were destroyed. This accelerated burn rate has reignited trader interest across the board.  Anticipated Binance Burn and Protocol Enhancement  Market participants are closely monitoring Binances upcoming monthly token burn, scheduled for May 1. The exchange conducts these burns using revenue generated from LUNC spot and margin trading fees. Given that April witnessed exceptionally high trading volumes, expectations are running high for a sizable burn.  According to data from CoinGlass, open interest in LUNC futures and derivatives contracts surged to $37.85 million during the recent price rally. This metric indicates heightened speculative activity and increased short-term trader involvement.  [[IMG_3]]Source: Coinglass  Simultaneously, a governance proposal for network upgrade v4.0.1 is currently under community consideration, with voting scheduled to conclude on May 6. This technical upgrade addresses historical blockchain vulnerabilities and seeks to enhance overall network efficiency and stability.  Regulatory Resolution and Future

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Tether-backed Oobit unveils AI agent card for autonomous USDT spending

Crypto wallet startup Oobit has introduced a Visa-backed virtual card that allows AI agents to execute payments in USDT without human input.Oobit has launched Visa-backed Agent Cards that allow AI agents to make payments in USDT directly from Tethers treasury without fiat conversion.The cards are limited to approved businesses, with spend controls and merchant restrictions set at the transaction level after compliance checks.Support for AI frameworks such as OpenAI, Claude, AutoGen, and LangChain enables agents to automate tasks like subscriptions, ad spend, and cloud services.  According to Oobit, the new “Agent Cards” draw funds directly from Tethers treasury, removing the need for fiat conversion or on-ramps when AI systems initiate transactions.  The company said these cards enable automated spending across online services, including subscription renewals, advertising budgets, and cloud infrastructure provisioning triggered by pre-set workflows.  Oobit stated that each card is assigned to a single AI agent, ensuring a traceable identity and a clear audit trail across transactions.  Spend limits and merchant-level restrictions are enforced within the transaction layer, which the company said keeps activity confined to approved parameters after businesses complete know-your-business compliance checks.  Integration with major AI frameworks allows the system to operate across commonly used tools. Oobit confirmed compatibility with solutions from

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Walrus MemWal SDK: Agent Memory Revolution with WAL

Tech  Walrus MemWal SDK: Agent Memory Revolution with WAL  While AI agents take on complex tasks, limitations in the memory layer overshadow their stability and effectiveness. Walrus is transforming agent memory by introducing the MemWal SDK integrated with WAL detailed analysis; adding qualities like verification, accessibility, portability, and shareability. Mysten Labs Group Product Manager Abinhav Garg stated in an interview with Decrypt that this innovation operates on an open data layer and eliminates model dependency. Users can switch between OpenAI and Anthropic while data is protected with immutable guarantees. This approach meets the need for auditability in critical workflows, increasing agent reliability.  Distributed Storage Advantages with WAL  Existing memory systems are usually built on closed and fragile structures; Walrus offers distributed storage advantages supported by WAL futures to agent developers via MemWal. The SDK integrates with popular orchestration frameworks like OpenClaw and NemoClaw via a plugin released this week, preventing developers from dealing with complex integrations. Garg stated that this allows adding persistent and verifiable memory directly to existing tools. In terms of privacy, native encryption and programmable access controls are in place; even storage providers cannot access the data. It raises privacy standards in sensitive areas like enterprise workflows, financial data, or personal

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Real-World Asset Tokenization Surges Past $30 Billion Milestone in 2026

Tech  Real-World Asset Tokenization Surges Past $30 Billion Milestone in 2026Real-world asset tokenization surged beyond 420% from January 2025, climbing to $30.2 billionUS Treasury tokens dominated expansion, soaring from $3.9 billion to more than $15 billionGold-backed tokens recorded $90.7 billion in spot trading during Q1 2026Europes MiCA regulation and clearer legal frameworks boosted institutional participationTokenized equity market capitalization jumped from $2 million to approximately $487 million  Blockchain-based real-world assets have experienced explosive expansion, climbing from $5.8 billion in early January 2025 to surpass $30.2 billion by late April 2026, data from analytics platform RWA.xyz reveals. This represents an extraordinary increase exceeding 420% across approximately 16 months.  [[IMG_0]]Source: RWA.xyz  US Treasury tokenization has been the primary catalyst behind this remarkable expansion. The segment surged from $3.9 billion to beyond $15 billion, establishing itself as the dominant asset category. Treasury tokens now represent over half of the entire sectors market capitalization growth throughout this timeframe.  BlackRocks USD Institutional Digital Liquidity Fund—trading under the ticker BUIDL—debuted in March 2024, offering institutional investors blockchain-based exposure to short-duration US government securities. Fidelity entered the arena in September 2025 by introducing the Fidelity Digital Interest Token, its proprietary tokenized offering.  According to Dominick John, a research analyst at Zeus Research, tokenized Treasury

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VET Weekly Analysis May 1

Tech  VET Weekly Analysis May 1  VET is showing a narrow consolidation at the $0.01 level within a downtrend; along with neutral momentum indicators, the market is giving accumulation phase signals, but BTC dominance pressure continues. Holding critical supports in the weekly view will be key for a potential trend change.  Weekly Market Summary for VET  VET traded in a narrow range ($0.01 – $0.01) at the $0.01 level with a slight decline of % -0.26 last week. Volume profile remained low at $5.71M, while the primary trend remains intact in the down direction. RSI at 45.47 is in the neutral zone, MACD histogram gives a neutral signal on the zero line. Trading below the short-term EMA20 ($0.01) maintains the bearish bias. The market structure indicates a consolidation phase within the overall downtrend; this could be a time for position traders to evaluate accumulation opportunities, but a cautious approach is necessary under macro BTC pressure. For more detailed spot data, check the VET detailed spot analysis page.  Trend Structure and Market PhasesLong-Term Trend Analysis  The long-term trend structure remains dominantly bearish for VET; lower high/lower low formations are clearly observed on higher timeframes (weekly and monthly). While the main trend filter gives a bearish signal, from

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