• DMCC, the premier free zone in the world and Government of Dubai Authority on Commodities Trade and Enterprise, has entered into a technology partnership with Enya Labs, a core contributor to Boba Network.
• Utilizing Boba Network, the first hybrid blockchain that provides off-chain data and computation, this partnership will promote web3 and blockchain enterprises in Dubai.
• By using Hybrid Compute technology, dApps can be created that may use “off-chain” data from any web2-based system.

Partnership Between DMCC & Enya Labs

DMCC, the premier free zone in the world and Government of Dubai Authority on Commodities Trade and Enterprise, has partnered with Enya Labs – a core contributor to Boba Network – to further strengthen its Crypto Centre ecosystem by providing significant technology cooperation.

Promotion of Web3 & Blockchain Enterprises in Dubai

By utilizing Boba Network – the first hybrid blockchain that provides off-chain data and computing – this partnership greatly promotes the expansion of web3 and blockchain enterprises in Dubai, allowing smarter applications.

Hybrid Compute Technology for DApps

Enya Labs is a pioneer of software frameworks with a focus on distributed systems engineering and application development. It assists partners in leveraging their current operations to seize new possibilities facilitated by hybrid blockchain solutions. On top of that, Boba Network gives developers access to Hybrid Compute technology which enables them to create dApps that can use “off-chain” data from any web2-based system.

Benefits for DMCC Members

Ahmed Bin Sulayem – Executive Chairman & Chief Executive Officer of DMCC – stated: “The ability of the DMCC Crypto Centre to attract such high-profile impactful players in the web3 space is a true testament to the thriving ecosystem we have created. By bringing Boba Network into our fold through this partnership with core contributor Enya Labs we are further expanding support provided to our members as well as enhancing ways they can scale their operations within Dubai & beyond”.

Conclusion

Overall, this significant technology cooperation between DMCC & Enya Labs enables members to benefit from accessing Boba Network’s Hybrid Compute technology which allows them to create dApps using “off-chain” data from any web 2 based system ultimately allowing companies within the region smarter applications for scaling purposes.

• Conflux (CFX) has seen a massive price surge in the last few weeks, increasing by 700%.
• This increase is due to Chinese President Xi Jinping’s reelection, which will have significant implications for domestic Chinese cryptocurrencies.
• Additionally, the recent approval of cryptocurrency trading in Hong Kong and the CPI data release have also contributed to this surge.

Conflux (CFX) Price Surge

Conflux (CFX) has seen a massive price surge in the last few weeks, increasing by 700%. The highest price CFX hit today was $0.3331, a rise of 53% over the prior 24-hour period. This increase is due to several factors such as Chinese President Xi Jinping’s reelection and the recent approval of cryptocurrency trading in Hong Kong. Additionally, the CPI data release has also contributed to this surge.

Chinese Connections Driving Up Volume

Massive interest in blockchains and tokens with Chinese connections have been driving up trade volume on Conflux. It’s the first Chinese blockchain to adopt the Tree-Graph consensus method, which improves both bandwidth and scalability while meeting all applicable regulations. Analysts argue that China opening its market to cryptocurrency is what is behind Conflux’s price surge.

ROI For Investors

Users of Conflux have reported returns of over 1,000% despite this uncertainty surrounding China’s move into crypto adoption. Bitcoin’s price soared beyond $26,000 while Ethereum’s price surpassed $1,700 at this time as well adding more upward pressure on the cryptocurrency market overall.

Xi Jinping Reelection

With his reelection as president of China for another term, Xi Jinping could have significant repercussions for domestic Chinese cryptocurrencies like Conflux (CFX). This news drove up prices even further when it was announced recently along with other moves such as approving cryptocurrency trading in Hong Kong and releasing CPI statistics that added more upward pressure on the cryptocurrency market overall.

Conclusion

In conclusion, Conflux (CFX) has seen an enormous increase in value due to various factors such as President Xi Jinping’s reelection and approval of cryptocurrency trading in Hong Kong alongside other positive movements like releasing CPI statistics that have also added more upward pressure on the entire crypto market itself leading users of Conflux reporting returns of over 1,000%.

• Prove Identity, Inc has announced a partnership with Bitstamp USA to further strengthen its security and compliance controls.
• Prove’s Pre-Fill solution will prefill online application forms with verified identity information while mitigating fraud.
• The solution modernizes the account opening process by shaving off clicks and keystrokes that limit conversions and can onboard customers in under a minute.

Prove Identity Partners with Bitstamp USA

Prove Identity, Inc. has announced a partnership with Bitstamp, the world’s longest-running cryptocurrency exchange, to further strengthen its security and compliance controls while also expediting its user onboarding process.

Pre-Fill Solution

Powered by the Prove Identity Network (PIN), Prove’s Pre-Fill solution prefills online applications with bank-grade data from authoritative sources, and authenticates consumer identities to thwart account opening fraud, such as synthetic identity fraud. Consumers benefit from a faster, easier, and more secure sign-up process, and information is auto-filled in a privacy-enhanced fashion only with the customer’s consent.

Streamline User Onboarding Process

The Pre-Fill solution streamlines the digital onboarding process by pre-populating application forms with verified identity information tied to a phone number, while mitigating fraud through its patented industry leading identity framework. This helps expedite account openings and registrations for Bitstamp US users while meeting the highest levels of compliance and security required for crypto exchanges.

Shaving Off Clicks & Keystrokes

The solution modernizes the account opening process by shaving off clicks and keystrokes that limit conversions, which can onboard customers in under a minute. This allows users to become part of the crypto community quickly while also knowing they are being protected by secure measures taken against fraud on the platform.

Commitment to Security & Compliance

Bitstamp US Chief Compliance Officer Thomas Hook comments on their commitment to providing users a safer experience: “Our mission is to streamline each customer’s onboarding experience and accelerate the KYC process while maintaining the highest levels of platform safety.” With Prove Pre-Fill this goal is achieved as it provides “best in class user experience that is both efficient and secure” according to Joon Pak at Prove Identity Inc..

• An Indian state governor’s Twitter account was hacked to promote a cryptocurrency scam.
• Phony adverts were posted to showcase Ripple and its CEO Brad Garlinghouse.
• Similar hacks have been reported earlier in the French and Omani embassies.

Hacking of Indian State Governor’s Twitter

On March 1, 2023, hackers targeted the account of an Indian government official with the intention of spreading their cryptocurrency hoax. The account was used to publish dozens of tweets promoting XRP, a cryptocurrency backed by Ripple Labs.

Previous Hacks

Similarly, in early February, another official’s account was hacked to promote a phony XRP airdrop from Ripple, while the Indian embassy’s account in Oman has also been targeted before. This shows that authorities and those who manage their accounts do not provide appropriate attention to security and authentication, leaving them vulnerable to intrusion.

Reaction to Posts

The posts claiming that Ripple Labs CEO Brad Garlinghouse had ordered an XRP airdrop received hundreds of thousands of views. Additionally, some comments were made praising the fraudsters for the news; however, it is likely that these are either hacked or bot accounts created specifically for this purpose.

Impact on Security

This incident highlights how important it is for officials and other social media users to take security measures seriously in order to avoid being hacked or scammed by malicious actors. It also serves as a reminder that people should be mindful when responding to posts or messages online as they may be part of a larger scam or hoax attempt targeting unsuspecting victims.

Conclusion

In conclusion, this latest hack is just one example of how easily social media accounts can be compromised if proper security measures are not taken into consideration when managing them online. It is therefore essential for individuals and businesses alike to remain vigilant at all times when browsing through social networks in order to avoid falling victim to such scams or hoaxes.

• Solana Mobile has released a new NFT minting app called Minty Fresh.
• Saga, the mobile phone by Solana will enable users to trade cryptos, collect NFTs, access seed vault and enjoy web3 games.
• Minty Fresh makes the NFT minting process easy for the Saga user and is exclusive to the Solana dApp store.

Solana’s NFT Minting App on Saga Mobile

Solana Mobile has unveiled Minty Fresh, a new NFT minting app built in-house. Solana hinted at more updates to follow in the upcoming weeks.

Saga Mobile Overview

Saga, Solana Mobile has unveiled Minty Fresh, a new NFT minting app built in-house. Solana Labs revealed the development of Saga mobile last year, which will be compatible with all the web3 use cases. And the device’s launch is to occur in the first quarters of this year.

The extensive features of Saga are the dApps support along with all the default traditional mobile elements. The mobile phone will enable its users to trade cryptos, collect NFT, access seed vault, and enjoy web3 games, without the tension of switching between various browsers.

The pre-order for the device is on the go but is available to residents present in “US, CA, EU, UK, CH, AU and NZ”. The cost of the device will be $1000 and $100 for pre-ordering. The developer will have a front seat to access the device as they work on provided feedback.

Minty Fresh

Minty Fresh will make the NFT minting process easy for the Saga user and it is exclusive tothe Solana dApp store. To explain its simplicity to customers during a preview event ,the engineering lead performed a live demo on how easily artwork or pictures can beconverted into NFTS using solama mobile wallet adapter.

Open Source Code

< p >The source code of thisminting app is open sourced for developers so that they can build their own appsusing this as reference . < br / >

< h2 >Upcoming Updates < p >Solanasuggested some more updates following this release . So we can expect some goodimprovements from them very soon .

• DBS Group Holdings saw a surge in Bitcoin trading volume on its DBS Digital Exchange (DDEx) in 2022.
• The amount of Ethereum (ETH) transactions processed by the firm increased significantly, with almost 65% growth.
• DDEx is trying to open up digital asset trading platforms to be overseen by a conventional financial institution.

DBS Bank Reports 80% Surge in Bitcoin Trading Volume

The Singapore-based DBS Group Holdings has reported an 80% increase in cryptocurrency trading volume on its DBS Digital Exchange (DDEx) for the year 2022. Despite the winter’s market downturn, there was still a significant uptick in Bitcoin and Ethereum trading activity which resulted in a doubling of DDEx’s user base with 1,200 new customers signing up for the service.

Amount of Ethereum (ETH) Transactions Processed

In addition to the increase in Bitcoin volume, DDEx also saw a substantial growth of almost 65% in Ethereum (ETH) transactions processed as well. This move allowed traditional financial institutions to access digital asset trading platforms which they previously had limited access to.

Opening Up Market Access

DBS had initially intended to open up their crypto services to individual investors earlier this year but due to certain regulatory restrictions within Singapore, it was reversed. However, the business is now planning on increasing its presence across Asia by applying for a license from Hong Kong’s regulatory authorities so that it may provide its cryptocurrency services more widely across Asia.

New Regulatory Framework for Crypto Services

Once the government completes its new crypto regulatory framework, DBS has promised to act accordingly and follow through with providing their services throughout Hong Kong as well as other parts of Asia where applicable. This will help them further expand their reach while at the same time adhering to all applicable laws and regulations set out by local governments and centralized financial institutions both locally and globally.

Conclusion

Overall, despite bearish market conditions during much of last year’s winter season, DBS Group Holdings was able to experience significant success when it came to cryptocurrency trading activities taking place on their DDEx exchange platform. By continuing their efforts towards applying for licenses across various markets while following all relevant laws and regulations concerning cryptocurrencies nationwide or regionally, they should be able expand even further over time without running into any major issues along the way.

• KuCoin Token (KCS) is a profit-sharing token that allows traders to draw value from the exchange.
• Currently, KuCoin Token (KCS) is at $8.74 and may reach the resistance level of $9.091 if the pattern continues.
• The support and resistance levels of KuCoin Token (KCS) are currently at $8.77 and $8.494 respectively.

What is KCS?

KuCoin Token (KCS) is a profit-sharing token that allows traders to draw value from the exchange. It was established as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. KuCoin has also announced that Empowering KCS will be a priority of KuCoin and will build KCS as a killer product rather than a simple token, which is bound to further diversify the benefits that KCS holders can access. It employs the standard encryption protocol that ensures that user data and data transfers within the system are hidden from other users.

KuCoin Token (KCS) Price Prediction 2023

KuCoin Token (KCS) holds the 60th position on CoinGecko right now with its current price being at $8.47 with 24 hour trading volume of $1,867,244 and 24 hour price change being 3.5% down in market status according to CoinGecko.. In terms of prediction for 2023, bullish predictions show KCS price reaching up to $14.513 while bearish predictions suggest it could go down till 6$.

Descending Channel Pattern

The chart above shows how KSC follows a descending channel pattern which means it’s in a bearish market state currently with its current price being 8$74 but if it continues this pattern then it might reach resistance level of 9$091 or else fall back to 8$494 if trend reverses suddenly .

Support & Resistance Levels

The daily time frame chart suggests us about Support & Resistance levels for KSC which are currently situated at 8$77 & 8$494 respectively .

Conclusion – Predictions For 2023

In conclusion , Kucoin Token’s(KSC )price prediction for 2023 can range between 6$257 – 14$513 depending upon various factors such as patterns , RSI , RVOL etc . But overall it looks like this cryptocurrency has potential to hit 25$ mark soon enough .

• Sam Bankman-Fried (SBF), co-founder of the now-defunct cryptocurrency exchange FTX, has reportedly attempted to influence witnesses in a case being investigated by the US government.
• In a recent court document, the U.S. prosecutors declared that SBF sent a Signal message to “Witness-1” on January 15th, asking to reconnect and “vet things with each other.”
• The attorneys of the Southern District of New York have requested the judge to restrict SBF’s access to encrypted messaging systems such as “Signal”, and also prohibit him from contacting former employees of FTX and Alameda Research.

Sam Bankman-Fried (SBF), co-founder of the now-defunct cryptocurrency exchange FTX, has reportedly attempted to influence witnesses in a case being investigated by the US government. In a recent court document, the U.S. prosecutors declared that SBF sent a Signal message to “Witness-1” on January 15th, asking to reconnect and “vet things with each other.” The prosecutors noted that this message was suggestive of an effort to influence the witness’s potential testimony, and so they requested the judge restrict SBF’s access to encrypted messaging systems such as “Signal”, and also prohibit him from contacting former employees of FTX and Alameda Research.

The court document went on to say that SBF has a history of using Signal for obstructive purposes, and the message he sent to the witness was consistent with that. It also noted that given that the defendant was aware that Witness-1 may have information that tends to implicate him, the request was “very troubling.”

In response to the prosecutors’ request, the judge has yet to issue a ruling, but the document does suggest that if the restrictions are granted, it may have a significant impact on SBF’s ability to communicate with potential witnesses. This would be an important step in the investigation, as it would help to ensure that the witnesses are not unduly influenced by the defendant. It is unclear at this point what the outcome of the case will be, but it is clear that the prosecutors are taking all necessary steps to ensure that the witnesses are not swayed in any way.

• Cameron Winklevoss, the co-founder and CEO of the Gemini trading platform, has threatened to sue Genesis Global and its parent company, the Digital Currency Group, after Genesis filed for bankruptcy involving two of its subsidiaries.
• Cameron has voiced his displeasure on social media at the complacency of Genesis and Digital Currency Group, owned by Barry Silbert, with regard to settling Gemini Earn customers.
• The Winklevoss twins have claimed that Silbert and Genesis are using stall tactics to avoid paying the $900 million owed to its Earn customers.

Cameron Winklevoss, the co-founder and Chief Executive Officer (CEO) of the Gemini trading platform, has threatened to take legal action against Genesis Global and its parent company, the Digital Currency Group. This follows the bankruptcy filing lodged by Genesis involving two of its subsidiaries.

Cameron has been vocal on social media about the complacency of Genesis and the Digital Currency Group, owned by Barry Silbert, with respect to settling the unpaid funds of the Gemini Earn customers. The Earn program was designed to reward users who subscribed to the product. Unfortunately, the customers were unable to access their funds as Genesis closed withdrawals and deposits in late March.

Cameron and his twin brother Tyler have expressed their dissatisfaction with the slow progress of the negotiations between the two companies. They have also accused Silbert and Genesis of using stalling tactics in order to avoid paying the $900 million owed to its Earn customers.

Cameron has stated that legal action is necessary to ensure that the firm is able to recoup its funds as the Digital Currency Group continues to refuse to offer its creditors a fair deal. He has also expressed his intention to seek justice and compensation for the customers who have been affected by the bankruptcy filing.

The Winklevoss twins have also stated that they are willing to take on the Digital Currency Group and Genesis in court in order to protect the rights of the customers and to ensure that all parties receive a fair resolution. They have also requested that the US Securities and Exchange Commission (SEC) and other regulatory bodies investigate the situation.

The Gemini trading platform remains in operation, but the company has been working to resolve the bankruptcy filing in order to protect the interests of its customers. In the meantime, the Winklevoss twins have made it clear that they are prepared to take legal action to ensure that their customers receive the compensation they are owed.

• Netflix (NASDAQ: NFLX) exceeded Wall Street’s expectations in Q4, gaining 7.66 million paid subscribers.
• The significant addition to its subscribers in Q4 increased the company’s shares by 6%.
• Co-founder Reed Hastings is stepping down as the CEO.

Netflix (NASDAQ: NFLX) recently announced their fourth quarter financial results, which exceeded Wall Street’s expectations. The company gained 7.66 million paid subscribers, over the predicted 4.57 million, resulting in a 6% increase in their stock. At the time of writing, the company’s stock is up 7.12% in after-hours trading to $338.27. NFLX has seen positive growth since the beginning of the year, with a 9.05% increase in the last three months and 7.06% in the past month.

The fourth quarter financial results also marked the first time Netflix’s latest tier was added to their earnings report; the ad-supported service titled “Basic with Ads”. This service was rolled out in the US last year at a price point of $6.99 per month and provides access to the streaming giant’s library with limited commercials.

In light of the impressive results, the company’s co-founder Reed Hastings announced his decision to step down as the CEO. He will continue to serve as the Chairman of the Board of Directors and will be succeeded by current Chief Content Officer Ted Sarandos. Sarandos has been with the company since 2000 and is well-suited to take over the leadership role.

This news comes after the streaming giant has seen significant growth in 2020. The company added 37 million new subscribers in the US, Canada, and Latin America, making it the biggest year of subscriber growth in the company’s history. Netflix achieved this growth despite the pandemic and competition from other streaming services.

Overall, Netflix’s Q4 results exceeded Wall Street’s expectations and the company’s stock has seen positive growth in the past year. Co-founder Reed Hastings is stepping down as the CEO and will be succeeded by current Chief Content Officer Ted Sarandos. With Sarandos at the helm, Netflix is sure to continue its growth and success.