Women driving tech innovation as Web Summit marks 10 years

Web Summit’s Women in Tech programme marked a decade of work in Qatar by highlighting steady progress in female participation across global technology sectors.

The Web Summit event recorded an increase in women-founded startups and reflected rising engagement in Qatar, where female founders reached 38 percent.

Leaders from the initiative noted how supportive networks, mentorship, and access to role models are reshaping opportunities for women in technology and entrepreneurship.

Speakers from IBM and other companies focused on the importance of AI skills in shaping the future workforce. They argued that adequate preparation depends on understanding how AI shapes everyday roles, rather than relying solely on technical tools.

IBM’s SkillsBuild platform continues to partner with universities, schools, and nonprofit groups to expand access to recognised AI credentials that can support higher earning potential and new career pathways.

Another feature of the event was its emphasis on inclusion as a driver of innovation. The African Women in Technology initiative, led by Anie Akpe, is working to offer free training in cybersecurity and AI so women in emerging markets can benefit from new digital opportunities.

These efforts aim to support business growth at every level, even for women operating in local markets, who can use technology to reach wider communities.

Female founders also used the platform to showcase new health technology solutions.

ScreenMe, a Qatari company founded by Dr Golnoush Golsharazi, presented its reproductive microbiome testing service, created in response to long-standing gaps in women’s health research and screening.

Organisers expressed confidence that women-led innovation will expand across the region, supported by rising investment and continuing visibility at major global events.

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AI workshops strengthen digital skills in Wales tourism sector

Wales has launched a national programme of practical AI workshops to help tourism and hospitality businesses adopt digital tools. Funded by Visit Wales and the Welsh Government, the initiative aims to strengthen the sector’s competitiveness by assisting companies to save time and enhance their online presence.

Strong demand reflects growing readiness within the sector to embrace AI. Delivered through Business Wales, the free sessions have quickly reached near capacity, with most places booked shortly after launch. The programme is tailored to small and medium-sized enterprises and prioritises hands-on learning over technical theory.

Workshops focus on simple, immediately usable tools that improve website content, search visibility, and customer engagement. Organisers highlight that AI-driven search features are reshaping how visitors discover tourism services, making accuracy, consistency, and authoritative digital content increasingly important.

At the centre of the initiative is Harri, a bespoke AI tool explicitly developed for Welsh tourism businesses. Designed to reflect the local context, it supports listings management, customer enquiries, and search optimisation. Early feedback indicates that the approach delivers practical and measurable benefits.

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BlockFills freezes withdrawals as Bitcoin drops below $65,000

BlockFills, an institutional digital asset trading and lending firm, has suspended client deposits and withdrawals, citing market volatility as Bitcoin experiences significant declines.

A notice sent to clients last week stated the suspension was intended ‘to further the protection of our clients and the firm.’ The Chicago-based company serves approximately 2,000 institutional clients and provides crypto-backed lending to miners and hedge funds.

Clients were informed they could continue trading under certain restrictions, though positions requiring additional margin could be closed.

The suspension comes as Bitcoin fell below $65,000 last week, down roughly 25% in 2026 and approximately 45% from its October peak near $120,000. In the digital asset industry, withdrawal halts are often interpreted as warning signs of potential liquidity constraints.

Several crypto firms, including FTX, BlockFi, and Celsius, imposed similar restrictions during prior downturns before entering bankruptcy proceedings.

BlockFills has not specified how long the suspension will last. A company spokesperson said the firm is ‘working hand in hand with investors and clients to bring this issue to a swift resolution and to restore liquidity to the platform.’

Founded in 2018 with backing from Susquehanna and CME Group, there is currently no public evidence of insolvency.

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AML breach triggers major fine for a Netherlands crypto firm

Dutch regulators have fined a cryptocurrency service provider for operating in the Netherlands without the legally required registration, underscoring intensifying enforcement across Europe’s digital asset sector.

De Nederlandsche Bank (DNB) originally imposed an administrative penalty of €2,850,000 on 2 October 2023. Authorities found the firm breached the Anti-Money Laundering and Anti-Terrorist Financing Act by offering unregistered crypto services.

Registration rules, introduced on 21 May 2020, require providers to notify supervisors due to elevated risks linked to transaction anonymity and potential misuse for money laundering or terrorist financing.

Non-compliance prevented the provider from reporting unusual transactions to the Financial Intelligence Unit-Netherlands. Regulators weighed the severity, duration, and culpability of the breach when determining the penalty amount.

Legal proceedings later altered the outcome. The Court of Rotterdam ruled on 19 December 2025 to reduce the fine to €2,277,500 and annulled the earlier decision on objection.

DNB has since filed a further appeal with the Trade and Industry Appeals Tribunal, leaving the case ongoing as oversight shifts toward MiCAR licensing requirements introduced in December 2024.

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Facebook boosts user creativity with new Meta AI animations

Meta has introduced a new group of Facebook features that rely on Meta AI to expand personal expression across profiles, photos and Stories.

Users gain the option to animate their profile pictures, turning a still image into a short motion clip that reflects their mood instead of remaining static. Effects such as waves, confetti, hearts and party hats offer simple tools for creating a more playful online presence.

The update also includes Restyle, a tool that reimagines Stories and Memories through preset looks or AI-generated prompts. Users may shift an ordinary photograph into an illustrated, anime or glowy aesthetic, or adjust lighting and colour to match a chosen theme instead of limiting themselves to basic filters.

Facebook will highlight Memories that work well with the Restyle function to encourage wider use.

Feed posts receive a change of their own through animated backgrounds that appear gradually across accounts. People can pair text updates with visual backdrops such as ocean waves or falling leaves, creating messages that stand out instead of blending into the timeline.

Seasonal styles will arrive throughout the year to support festive posts and major events.

Meta aims to encourage more engaging interactions by giving users easy tools for playful creativity. The new features are designed to support expressive posts that feel more personal and more visually distinctive, helping users craft share-worthy moments across the platform.

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Crypto confiscation framework approved by State Duma

Russia’s State Duma has passed legislation establishing procedures for the seizure and confiscation of cryptocurrencies in criminal investigations. The law formally recognises digital assets as property under criminal law.

The bill cleared its third reading on 10 February and now awaits approval from the Federation Council and presidential signature.

Investigators may seize digital currency and access devices, with specialists required during investigative actions. Protocols must record asset type, quantity, and wallet identifiers, while access credentials and storage media are sealed.

Where technically feasible, seized funds may be transferred to designated state-controlled addresses, with transactions frozen by court order.

Despite creating a legal basis for confiscation, the law leaves critical operational questions unresolved. No method exists for valuing volatile crypto assets or for their storage, cybersecurity, or liquidation.

Practical cooperation with foreign crypto platforms, particularly under sanctions, also remains uncertain.

The government is expected to develop subordinate regulations covering state custody wallets and enforcement mechanics. Russia faces implementation challenges, including non-custodial wallet access barriers, stablecoin freezing limits, and institutional oversight risks.

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Europe’s 2025 app market shows a downloads-revenue gap

The mobile app market of Europe in 2025 revealed a distinct divergence between popularity and revenue. AI-driven productivity apps, such as ChatGPT and Google Gemini, dominated downloads, alongside shopping platforms including Temu, SHEIN, and Vinted.

While installs highlight user preferences, active use and monetisation patterns tell a very different story instead of merely reflecting popularity.

Downloads for the top apps show ChatGPT leading with over 64 million, followed by Temu with nearly 44 million. Other widely downloaded apps included Threads, TikTok, CapCut, WhatsApp, Revolut and Lidl Plus.

The prevalence of AI and shopping apps underscores the shift of tools from professional use to everyday tasks, as Europeans increasingly rely on digital services for work, study and leisure.

Revenue patterns diverge sharply from download rankings. TikTok generated €740 million, followed by ChatGPT at €448 million and Tinder at €429 million. Subscription-based and premium-feature apps, including Disney+, Amazon Prime, Google One and YouTube, also rank highly.

In-app spending, rather than download numbers, drives earnings, revealing the importance of monetisation strategies beyond pure popularity.

Regional trends emphasise local priorities. The UK favours domestic finance and public service apps such as Monzo, Tesco, GOV.UK ID Check and HMRC, while Turkey shows strong use of national government, telecom and e-commerce apps, including e-Devlet Kapısı, Turkcell and Trendyol.

These variations highlight how app consumption reflects cultural preferences and the role of domestic services in digital life.

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Crypto exchange scrambles after $40bn Bitcoin payout error

South Korea’s second-largest cryptocurrency exchange, Bithumb, is attempting to recover more than $40bn in Bitcoin after a promotional payout error credited customers with Bitcoin rather than Korean won.

The mistake occurred on 6 February during a ‘random box’ event, when prize values were entered in Bitcoin rather than in Bitcoin. Intended rewards totalled 620,000 won for 695 users, yet 620,000 bitcoins were distributed.

Only 249 customers opened their boxes, but the credited sums exceeded the exchange’s holdings.

Most balances were reversed through internal ledger corrections. About 13bn won ($9m) remains unrecovered after some users sold or withdrew funds before accounts were frozen. Authorities said 86 customers liquidated roughly 1,788 Bitcoins within 35 minutes.

Regulators have opened a full investigation, and lawmakers have scheduled an emergency hearing. Legal uncertainty remains over liability, while the exchange confirmed no hacking was involved and pledged stronger internal controls.

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Pakistan pledges major investment in AI by 2030

Pakistan plans to invest $1 billion in AI by 2030, Prime Minister Shehbaz Sharif said at the opening of Indus AI Week in Islamabad. The pledge aims to build a national AI ecosystem in Pakistan.

The government in Pakistan said AI education would expand to schools and universities, including remote regions. Islamabad also plans 1,000 fully funded PhD scholarships in AI to strengthen research capacity in Pakistan.

Shehbaz Sharif said Pakistan would train one million non IT professionals in AI skills by 2030. Islamabad identified agriculture, mining and industry as priority sectors for AI driven productivity gains in Pakistan.

Pakistan approved a National AI Policy in 2025, although implementation has moved slowly. Officials in Islamabad said Indus AI Week marks an early step towards broader adoption of AI across Pakistan.

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Lithuania selects Procivis for EU digital ID wallet sandbox

Procivis has been selected to build Lithuania’s European Digital Identity Wallet sandbox, advancing preparations for the EU digital identity rollout. The 12-month initiative will be delivered in partnership with the state Agency for Digital Solutions.

The project will establish a national test environment designed to simulate real-world digital identity scenarios. Built on Procivis One, the platform meets eIDAS 2.0 requirements and will validate the wallet infrastructure before EU deployment.

Testing will cover use cases for citizens, public institutions, and private-sector relying parties. Cross-border scenarios, including access to public and travel-related services, will also be explored to ensure interoperability across EU member states.

The sandbox will contribute to Lithuania’s readiness for the 2026 eIDAS 2.0 deadline while supporting broader participation in the EU Large Scale Pilot programmes focused on digital identity innovation.

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