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Intel And Broadcom Show Off Super-Fast Wi-Fi 7 Technology

The two tech giants demonstrated the speed and stability of the incoming new Wi-Fi standard in a showcase event in Santa Clara, California.

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Although overshadowed by the announcement of Queen Elizabeth II’s death, the Intel Corporation and Broadcom yesterday quietly ushered in a huge milestone in tech with a demonstration of the first cross-company Wi-Fi 7 implementation.

The collaboration showcased consistent Wi-Fi speeds of over 5 gigabits per second (5Gbps), using an Intel Core laptop connected to a Broadcom access point.

“We are proud to highlight how next-generation Wi-Fi 7 can make new mobile PC experiences possible. Industry collaboration is essential to ensure we deliver on the promises of this new wireless technology. We would like to thank our colleagues at Broadcom for their great technical cooperation, which helped enable this unprecedented, first-of-its-kind demonstration of ultra-high speed and ultra-low latency Wi-Fi 7,” says Carlos Cordeiro, Intel Fellow and Wireless CTO, Client Computing Group, Intel.

Wi-Fi 7 will be the gold standard for at least 10 years of product releases, offering high speeds, increased stability, and low latency compared to existing solutions. For technology fans wanting more details, Wi-Fi 7 will feature wider 320 MHz channels in the 6GHz spectrum, higher order 4K QAM modulation, and improved channel utilization.

“Today’s milestone sends a clear message: the ecosystem is ready, and Wi-Fi 7 is here to deliver extraordinary capacity and blazing fast speeds to extend gigabit broadband. The reliable, low latency communication provided by Wi-Fi 7 is a key element of Broadcom’s vision for connecting everything as the Internet evolves to its next iteration,” says Vijay Nagarajan, vice president, Wireless Connectivity Division, Broadcom.

Also Read: How To Change Your Wi-Fi Password To Keep Intruders At Bay

For those less concerned about the details and more interested in future applications, the new Wi-Fi standard will almost certainly be put to work in augmented and virtual reality settings, enabling fast and steady streaming of ultra-high-definition 16K video.

As our homes become increasingly connected and more devices rely on wireless signals, gamers and work-from-home employees alike will benefit from massive speed increases, while regular multimedia users will benefit from stable streams and better utilization of high-speed broadband and fiber internet services.

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Binance Receives Virtual Assets License To Operate In Dubai

As its user base nears 200 million, CEO Richard Teng believes crypto adoption will soar over the next half of the decade.

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binance receives virtual assets license to operate in dubai

Global crypto exchange Binance has been granted a full operational license in Dubai, in a move that’s expected to accelerate digital asset adoption and strengthen the UAE’s regulatory landscape.

The virtual asset service provider license (VASP) was granted by the Dubai Virtual Assets Regulatory Authority (VARA) and will allow Binance to extend its current range of services to retail investors, the company announced yesterday.

The move by Dubai authorities will be critical to Binance’s strategy of growing its user base globally. The crypto exchange expects to pass the 200 million user mark “quite shortly”, according to Richard Teng, the company’s CEO.

Once that milestone is achieved, Binance will have around twice as many users as rival platform Coinbase. Meanwhile, Crypto.com, another popular exchange with 80 million users, received a Dubai VASP license last week.

“We’re seeing much greater institutional adoption and institutional money coming into this space [along with] much greater regulatory clarity and a lot more jurisdictions approving [digital asset] products that bring in new investor classes,” Binance’s Richard Tang explained, adding: “As of now, we stand at about 5% crypto adoption globally, but that will become much faster moving forward”.

Also Read: Microsoft Invests $1.5 Billion In Abu Dhabi AI Tech Firm G42

Dubai and the UAE are extremely supportive of technologies like digital assets, and have already launched initiatives to boost adoption. The UAE has ambitious plans to become a world leader in the crypto economy of the future, with Dubai in particular being noteworthy for passing a new law to regulate virtual assets to support investors and exchanges.

“Global crypto regulation is currently showing diverging signs. Some developed countries have long suffered from crypto-related frauds and illegal exchanges. On the other hand, emerging nations like the UAE and Singapore have enacted crypto laws at faced pace,” said Vijay Valecha, chief investment officer of Dubai-based Century Financial.

As the UAE gears up to become one of the fastest-growing crypto capitals worldwide, investors and talent are flocking to places like Dubai. During 2023, the Emirates as a whole realized $204 million in capital gains from cryptocurrency investments, according to blockchain data analysts Chainalysis.

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