Another week, another recap! Missed some news or unsure about the most important stories from the past week? Don’t worry, we’ve got you covered:
Abu Dhabi Accepts Crypto Payments for Taxis. You can now pay for taxi rides in Abu Dhabi using cryptocurrency (with the AE Coin pegged 1:1 to the UAE dirham), making it easier for tourists and locals to go cashless.
Trump Media’s Move Could Shake Washington. Trump Media has asked U.S. regulators to approve a new investment fund, which lets people invest in Bitcoin and Ethereum. This move raises questions, as Trump is promoting crypto while serving as president.
Hong Kong Approves Its First Crypto Broker. Guotai Junan, a major brokerage, got the green light to offer crypto trading in Hong Kong. This is a big step for the city as it works to become a global center for safe and legal crypto investing.
Ethereum to Cut Block Times to 6 Seconds by 2026? Ethereum developers are planning upgrades to make the network faster. One idea is to cut block times to just six seconds, which would mean quicker transactions for everyone.
Cointelegraph Website Hacked in Phishing Attack. Hackers broke into Cointelegraph’s website and posted fake news to trick readers into clicking on phishing links. The site took quick action, but it’s another reminder to always double-check what you read.
