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RAK Digital Assets Oasis, the first free zone for digital and virtual asset enterprises, will be launched by the Ras Al Khaimah government. Blockchain Life 2023 announced it on Monday. RAK Digital Assets Oasis will be a non-regulated virtual assets free zone that fosters innovation. It will be the first free zone in the world devoted to digital and virtual assets service providers developing in future sectors including metaverse, blockchain, utility tokens, virtual asset wallets, NFTs, DAOs, DApp, and other Web3-related enterprises. RAK Digital Assets Oasis will accept applications in Q2 2023. Commenting on the new free zone, Sheikh Mohammed bin Humaid bin Abdullah Al Qasimi, Chairman of RAK ICC and Chairman of RAK Digital Assets Oasis, said: “We are proud to further the UAE’s position as a primary destination for innovation with the launch of RAK Digital Assets Oasis. We are building the free zone of the future for the companies of the future. As the wor...

Illuvium council member Deraji pointed out that the community made their stand and highlighted that the event risks the reputation that the DAO worked hard to build. The community supporting Illuvium, an interoperable blockchain game, has demonstrated the power of decentralized autonomous organizations (DAOs) after blocking a scheduled nonfungible token (NFT) pack-opening event between Illuvium CEO Kieran Warwick and Three Arrows Capital (3AC) founder Su Zhu. Warwick was scheduled to go against Zhu in what’s called an “Influencer Illuvitars D1sk Battle” where prominent crypto personalities go against each other to open NFT packs. However, due to the controversies surrounding Zhu and 3AC, the Illuvium community expressed concerns over the potential risks of being associated with Zhu, who currently faces various accusations of unethical behavior.  Influencer Illuvitar D1sk Battles are happening after the launch of Illuvium: Beyond! The first match will be between me and @zhusu. We...

Trezor wants to respond quickly to demand-triggering events like the FTX collapse by taking control of wallet chip production. Hardware wallet manufacturer Trezor is accelerating the production of new Trezor wallet s by producing its own wallet silicon chips . Trezor officially announced on Feb. 27 that the firm will start facilitating the production of its own key component, the chip wrapper, in its flagship product, Trezor Model T. The move aims to significantly optimize Trezor wallet s’ production, reducing lead times in the supply cycle from two years to several months. The optimization will also eliminate delays in shipping finished products and protect consumers from exposure to price fluctuations based on component supply and demand, Trezor said. As previously reported, demand for Trezor wallets spiked by at least 300% in the aftermath of the FTX collapse in November 2022 as crypto investors rushed to move their crypto holdings from centralized crypto exchanges. Prior to b...

Discover the top seven cybersecurity jobs in high demand: from security analyst to information security manager and more. In today’s digital age, cybersecurity has become a critical aspect of almost every business. Cyber threats are increasing daily, and businesses must take proactive measures to protect their networks and data. As a result, the demand for cybersecurity professionals has skyrocketed. Little Friday humour #meme # cyber security @hackurityio pic.twitter.com/MArEpCh03k — Harold De Vries (@devries_harold) February 17, 2023 In this article, we will discuss the top seven cybersecurity jobs that are in high demand. Cybersecurity analyst A cybersecurity analyst is responsible for identifying and mitigating cyber threats to an organization’s network and data. They examine system logs and network traffic to find and fix security holes. Additionally, they create and implement security policies and processes to defend the company against future cyberattacks. Cybersecurity...

Functions of Nabox Wallet that all Nuls customers and users need to know. Nabox is a decentralized, non-custodial cryptocurrency wallet that allows users to securely manage, store, and exchange their digital assets. It is designed to provide users with a user-friendly interface and a seamless experience for managing their cryptocurrencies. With Nabox, users have complete control over their funds and private keys, which are stored on the user’s device, rather than on a central server. This means that users are the only ones who have access to their funds, and they are not at risk of losing them due to hacks or server failures. Nabox supports multiple blockchains, including Ethereum, Binance Smart Chain, Heco, and others, and allows users to seamlessly switch between them. It also supports a wide range of cryptocurrencies, including BTC, ETH, USDT, and many others. Overall, Nabox is a secure and easy-to-use cryptocurrency wallet that provides users with full control over their digit...

Join Our Telegram channel to stay up to date on breaking news coverage The Fetch.ai price prediction shows that FET spikes above the 9-day and 21-day moving averages to touch the $0.47 high. Fetch.ai (FET) Prediction Statistics Data: FET price now – $0.44 FET market cap – $364.4 million FET circulating supply – 818.9 million FET total supply – 1.1 million FET Coinmarketcap ranking – #122 FET/USD Long-term Trend: Bullish (1D Chart) Key Levels: Resistance levels: $0.60, $0.65, $0.70 Support levels: $0.30, $0.25, $0.20 FETUSD – Daily Chart FET/USD is breaking to the positive side as the coin is posting gains of over 0.70% in the last 24 hours, with the coin trading above the 9-day and 21-day moving averages at $0.44, the coin may head towards the upper boundary of the channel. Fetch.ai Price Prediction: FET Price Explodes to the Upside The Fetch.ai price is facing the upside as the coin heads toward the upper boundary of the channe...

Join Our Telegram channel to stay up to date on breaking news coverage According to recent reports, the popular social trading and investing platform, eToro, managed to secure a license to offer digital asset services in the state of New York. New York has been one of the strictest states in the country when it comes to offering crypto services, and firms have to secure the so-called BitLicense in order to legally offer crypto trading, investing, and other related services. Now, according to eToro, the platform will be able to join the ranks of those who managed to obtain it from the New York State Department of Financial Services (NYDFS). Apart from the BitLicense itself, eToro NY LLC subsidiary also managed to secure a money transmitter license. 🥳 It’s official! We have receive d our BitLicense in the state of New York. Once operational, users in New York will have access to our award winning virtual portfolio, integrated social investing tools and be able to ...

Join Our Telegram channel to stay up to date on breaking news coverage Trust Wallet Token price is starting to feel the pinch as investor confidence in the crypto market’s recovery gradually deteriorates. Unlike other tokens, TWT tumbled in December from highs around $2.74 to lows of $1.24. Bulls have struggled to keep the uptrend in January and February, but TWT hit another snag at $1.88, leaving the critical resistance at $2.00 untested. TWT, the token powering the Trust Wallet, a crypto asset self-custody platform, now trades at $1.47 while balancing the subtle gains accrued in 2023 with the possibility of declines to $1.00. Trust Wallet Token Price Balances on The Very Edge of Cliff TWT price is forming a bearish divergence with the Relative Strength Index (RSI) on the daily chart. If this technical outlook does not improve with the RSI lifting above the falling trendline, investors would begin to acclimatize to the possibility of declines taking over the next few da...

The prominent cryptocurrency exchange, FTX, collapsed in November 2022. Ever since, there have been multiple turns in the case. While the rest of the community is yet to recover their lost funds, the Japanese branch of the exchange is going to resume crypto and fiat withdrawals. According to a recent statement, FTX’s Japanese subsidiary revealed that it would commence withdrawals at noon in Tokyo. JUST IN: 🇯🇵 FTX Japan resumes fiat and # crypto withdrawals. — Watcher.Guru (@WatcherGuru) February 21, 2023 As of Feb.20, 2023, the exchange entailed a total of fourteen assets. Elaborating on the status of these crypto currencies, FTX stated, “For some time now, we have been instructing you that the assets entrusted to us by our customers are managed separately in accordance with laws and regulations, with crypto assets in our cold wallets and fiat currencies in trust accounts in Japan. “ Source Here’s how FTX Japan is carryi...

Executives in cryptography said that the “They had to cut jobs to “get through this long crypto winter” when things were “very hard.” Several crypto companies have cut jobs this week because of the ongoing crypto winter. However, they have kept “impactful” workers as they prepare for a “longer downturn.” Three crypto companies—open-source software lab Protocol Labs, blockchain data business Chainalysis, and U.S. cryptocurrency exchange Bittrex—cut 216 employees. 89, 83, and 44 employees lost their jobs, respectively, at Protocol Labs, Chainalysis, and Bittrex. On February 3, Protocol Labs CEO Juan Benet announced the employment layoffs. He said that the company had to focus its staff on the most important and business-critical efforts. He said that the reason the company decided to cut “89 roles,” or about 21% of its staff, was to make sure it was ready to “weather this extended winter....

According to Analysis firm Dune, NFT (non-fungible token) sales and volumes witnessed a surge yesterday. Both the volume per user and sales per user reached 90-day highs, indicating a rise in market activity. About 106K sales were reported, while 26K users traded around 70K ETH. As per the statistics, the volume was worth $4,470 per user. The NFT market has experienced a surge in sales and volume, reaching a 90-day high. A total of 26,707 users traded 70,236 ETH (~$119M) in 106K sales, which translates to about $4,470 worth of volume per user.@DuneAnalytics dashboard by @hildobby_. pic.twitter.com/tpDuySclk7 — NFTgators 🐊 (@NFTgators) February 20, 2023 Since its Feb. 14 debut, the Blur NFT marketplace has steadily increased its market share. It achieved a staggering 57.3% of all sales, 83.2% of all volume, and 40.2% of all unique users on Feb.16. The launch of $BLUR is likely responsible for this increase in activity. The traded volume for the NFT projec...

The "Kimchi premium" has flipped to discount again, and could be saying something about crypto market sentiment, at least in South Korea. South Korea’s "Kimchi premium" has flipped to a discount again, meaning cryptocurrencies such as Bitcoin are now cheaper to buy on South Korean exchanges. The phenomenon is named after the Korean dish kimchi. The Kimchi premium refers to when the price of Bitcoin (BTC) trades higher on South Korean exchanges than in other markets. According to data from blockchain analytics provider CryptoQuant, the Korea Premium index has been shifting between the -0.24 and 0.01 range between Feb 17 and 19. The Korea Premium index has been shifting between the -0.24 and 0.01 range between Feb 17 and 19. Source: CryptoQuant. As of writing, data on CoinMarketCap shows BTC is trading at roughly $24,464 on Coinbase and $24,487 on Binance. In comparison, Korean exchange Bithumb has it listed at $24,386 and one of the largest exchanges in South Korea ...

Join Our Telegram channel to stay up to date on breaking news coverage Caitlin Long, founder and CEO of Custodia Bank, has condemned Washington D.C. authorities and politicians over the ongoing crackdowns in the crypto industry terming them as “misguided”. She argues that the authorities ignored her warnings of fraud conducted by entities that are now bankrupt.  In her blog post titled “ Shame On Washington, DC For Shooting A Messenger Who Warned of Crypto Debacle” , Long called out the government for failing to protect investors and now working to get rid of good players in the industry. ”Washington’s misguided crackdown will only push risks into the shadows, leaving regulators to play whack-a-mole as the risks continuously pop up in unexpected places,” she said. In the blog, she reveals that she provided evidence to authorities and regulators of probable fraud crimes being committed by a big crypto firm. She argues that the evid...