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• KyberSwap, a leading decentralized exchange and liquidity platform, is launching the first-ever $ARB token liquidity pools, liquidity mining, and trading campaigns on the Arbitrum Chain.
• Liquidity providers will have more opportunities to earn fees and rewards by adding liquidity to the $ARB pools and participating in liquidity mining programs by KyberSwap.
• KyberSwap is also introducing new 2% and 5% fee tiers, which will enable users to earn higher returns from their tokens.

KyberSwap Launches First Ever ARB Token Liquidity Pools

KyberSwap, a leading decentralized exchange (DEX) aggregator and liquidity platform, recently announced plans to launch its first-ever $ARB token liquidity pools, liquidity mining, and trading campaigns on the Arbitrum Chain. This marks significant steps forward for KyberSwap as it seeks to catalyse significant inflows of liquidity into the rapidly growing Arbitrum ecosystem.

Eligible Users Can Receive ARB Airdrop

The project is set to distribute a new governance token – $ARB – to its eligible Arbitrum ecosystem users as part of its transition. The estimated date for this airdrop is 23 March 2023, with it being one of the biggest airdrops in crypto history. Protocols such as KyberSwap whose users bridged to Arbitrum and conducted swaps on the platform are now eligible for the $ARB Airdrop.

Liquidity Providers Have Many Opportunities To Earn

With the launch of these highly anticipated yield farms on KyberSwap, users will now have access to more trading pairs and increased options for providing liquidity. Moreover, liquidty providers can look forward to earning fees and rewards by adding liquidity into ARB pools as well as participating in various reward programs hosted by KyberSwap itself. The following ARB pool pairs are eligible for rewards: ARB-ETH (2%), Apr-ETH (5%), ARB-USDT (2%), ARB-KNC (5%). An estimated total of 70,000 KNC has been allocated for incentive rewards.*Incentives may continue after designation duration is over; yet be confirmed at later date.

New Fee Tiers Allow Users To Earn Higher Returns

To provide greater flexibility when it comes to earning potential from tokens held within their wallets or DEXs such as Kyberswap’s platform; they have introduced new 2% and 5% fee tiers that allow users access higher returns from their tokens than ever before possible/ available before this announcement was made publically known/ accessible by all interested parties involved with or wishing to partake in this potentially lucrative proposal/ offer/ opportunity outlined above mentioned herein priorly mentioned already so far already earlier today officially / officially announced just recently right now today right here right now currently currently ongoing at present time up until further notice etcetera etcetera ad infinitum ad nauseam

Conclusion

Kyberswaps launch of first ever $ARB token liqudity pools provides an exciting opportunity for users looking for enhanced earning potential from their crypto holdings or those who wish access increased options when it comes providing liquidty across multiple platforms or networks. With many incentives available such as attractive reward programs or attractive fee tiers; there are numerous ways investors can capitalize upon existing conditions within both traditional financial networks & cryptosystems alike!

• Bitcoin price rose 16% to highs of $26,553 on Coinbase.
• US inflation data showed CPI rose 6% in the past 12 months in February.
• On-chain data suggests BTC price could rally to $30,000 in the short term.

Bitcoin Price Hits New Highs

Bitcoin price hit highs of $26,553 on Coinbase, with 16% upside in 24 hours. The crypto market reacted positively to the latest Consumer Price Index (CPI) data by the US Department of Labor as Bitcoin broke above $26,000.

US Inflation Data

The US Department of Labor reported that CPI rose 0.4% in February and 6% over the last year to align with market expectations. Notable was that US inflation had increased at its slowest pace since September 2021 while core CPI which strikes off more volatile food and energy items increased by 5.5%.

On-Chain Data Analysis

On-chain data shared by market research platform IntoTheBlock shows Bitcoin faces minimal selling pressure to around $30,000 indicating a potential rally for BTC prices towards this level.

Stocks Open Higher

Stocks also opened higher on Tuesday with S&P 500 up 1.5%, turning attention to the Federal Reserve and its interest rates path which is seen as providing cover for Powell’s policy changes going forward.

Altcoins Rise too

Aggregate market data from CoinGecko showed that total crypto market cap surged by more than 14%, with major altcoins like Ethereum and BNB hitting highs of $1,750 and $315 respectively

• Sony Network Communications and Astar Network have launched a joint Web3 Incubation Program to mentor developers.
• The program has received over 150 registrations since its launch on February 17th, 2023.
• The program will be powered by Sony Network Communications and Astar and will run from mid-March to mid-June with mentorship from AWS, Microsoft, Blockdaemon, Polychain, etc.

Sony Network Communications Launches Joint Web3 Incubation Program with Astar

Sony Network Communications and Astar Network have launched a Web3 Incubation Program to mentor developers worldwide. The program started accepting applications on February 17th and has already received more than 150 registrations before the registration deadline of 11:59 PM Pacific Time on Monday March 6th.

Program Powered by Sony & Astar

The incubation program is powered by both Sony Network Communications and Astar Foundation in collaboration with Startale Labs, a Singapore-based company founded by Astar’s CEO Sota Watanabe. The program is expected to run from mid-March to mid-June. All applications will be reviewed by the two companies before 10 to 15 cohorts are selected.

Mentorship From Notable Companies

The participating startups in the incubation program will be mentored by senior executives from notable companies such as Microsoft, AWS, Dragonfly, Polychain Capital and Blockdaemon. They will receive guidance on how best to use blockchain technology for their projects.

Exploring Blockchain Solutions for Various Problems

Sony Network Communications is exploring how blockchain technology can solve various problems in their industry which this incubation program makes possible for them quickly find relevant Web3 solutions that they can implement into their system.

Astonished Response from Developer Community

CEO of Startale Labs Sota Watanabe expressed his astonishment at the overwhelming response they have received from the developer community saying he was ready to begin the next stage of their program where the incubated projects would work closely with an elite group of mentors mentioned earlier in this article.

• Block Inc (NYSE: SQ) reported a 7.0% decline in its fourth quarter bitcoin revenue.
• Baird’s senior analyst David Koning said that at the current stock price, BTC’s contribution of 4.0% to gross profit doesn’t really matter.
• Block revealed a $9 million impairment charge related to its BTC investment in Q4 versus $2 million only in the prior quarter.

Block Reports Decline In Bitcoin Revenue

Block Inc (NYSE: SQ) reported a 7.0% decline in its fourth quarter bitcoin revenue. The San Francisco-based multinational noted a hit to its bitcoin revenue in the recent quarter due to the slump in bitcoin price and had a fair value of $133 million as of December 31st.

Baird Analyst’s Outlook On Block Stock

Reacting to it on CNBC’s „Closing Bell: Overtime“, Baird’s senior analyst David Koning said: Bitcoin mattered when Block was at $250 a share. At $70, it doesn’t matter. It’s 4.0% of gross profit. I haven’t even looked closely at it, that’s how much it matters. BTC generated $35 million of gross profit for Block Inc in Q4 – a 25% year-on-year decline related to the slump in bitcoin price .
Koning is keeping bullish on Block stock despite the decline and sees potential upside with his price target of $85 a share which suggests about 15%. He added that Cash App has been performing well and accelerating beyond what analysts have modelled for Q1 2021, indicating good news for stockholders tomorrow when trading resumes during regular hours.

Impairment Charge Related To Its BTC Investment

In its letter to shareholders, Block revealed a $9 million impairment charge related to its BTC investment in Q4 versus only $2 million only in the prior quarter . For the full year, Block Inc is now calling for $1 billion of adjusted EBITDA with gross profit sitting at 25%, up from 22% seen during this recent quarter .

Conclusion

Despite reporting decreased revenues from Bitcoin investments, shares of Block Inc are still trading higher mainly because former Twitter CEO Jack Dorsey’s company reported overall quarterly revenue slightly above expectations and better performances from Cash App than anticipated by analysts for Q1 2021 .

• Binance CEO Changpeng ‚CZ‘ Zhao has commented on the recent decline in market cap of Binance USD (BUSD) stablecoin, as well as the rise of Tether’s (USDT) and USDC.
• Over $2.45 billion has moved from BUSD to USDT and USDC’s market cap dropped by over 739 million amid the regulatory events of the past few days.
• CZ noted that most of the money moved from BUSD went into Tether’s stablecoin, due to traders seeking a more reliable alternative amidst negative views on BUSD following its regulatory crackdown.

Binance CEO Comments on Stablecoin Market

Binance CEO Changpeng ‚CZ‘ Zhao has commented on the recent decline in market cap of Binance USD (BUSD) stablecoin, as well as the rise of Tether’s (USDT) and USDC. With a decrease in value for BUSD, over $2.45 billion has been moved from this token to other major stablecoins such as USDT and USDC.

Regulatory Events Impact Stablecoin Market

The shift in the stablecoin landscape is attributed to regulatory events within the crypto space that have caused a decline in value for certain coins like BUSD. As a result, over $2.37 billion was shifted away from this token into USDT and USDC saw its market cap shrink by about $739 million amid these events.

Traders Move Capital Into USDT

Due to traders seeking a more reliable alternative amidst negative views on BUSD following its regulatory crackdown, most of the money moved from this token went into Tether’s stablecoin, with its market capitalization gaining significantly due to this move. Moreover, Tether recently released an additional $1 billion worth of their token which further supports this view.

Binance Mints True USD

In order to increase liquidity within other tokens associated with their platform such as TrueFi (TRU), Binance reportedly minted $50 million worth of True USD (TUSD). This helped push up TRU prices significantly with it currently trading at around $0.084 – representing an 88% gain since then announcement was made public last week..

Conclusion

In conclusion, we can see how regulatory changes have had an effect on both capital flows between different stablecoins and prices for certain tokens like TRU associated with them thanks to liquidity provided by these coins shifting between them

• Check local laws and regulations when choosing a trading platform.
• Decide what type of trader you are and assess your technical skills.
• Choose a platform that best meets your needs and matches your skill level.

Things to Consider When Choosing Your Trading Platform

Check Local Laws and Regulations

When choosing a trading platform, it is important to make sure it complies with local laws and regulations in your area. Some countries require traders to disclose their true identity before they can start trading or use a particular platform. Other countries have strict rules regarding the types of financial instruments that can be traded online and regulate which platforms are allowed to offer services in their jurisdiction.

Decide What Type Of Trader You Are

Before comparing different trading platforms, take a moment to think about what type of trader you are and what features will best help you achieve your goals. Are you just starting out and looking for an easy-to-use platform? Or are you an experienced trader looking for advanced features? Do you need a specialized platform for cryptocurrencies or one that offers multiple services? Your answers to these questions determine which features and tools are most important.

Assess Your Technical Skills

Platforms come in different levels of complexity, so choose one that matches your level of expertise. If you’re just starting out as a trader, it is best to opt for a simple platform so you don’t get overwhelmed by complicated tools and features. However, even if you have some experience in trading stocks or other financial instruments, some complex platforms might still be too much for you handle at first, so try not to bite off more than you can chew!

Compare Different Platforms

Once you know the kind of features your preferred platform should have, it’s time to compare various options available on the market. Look into factors such as fees, customer support quality, security measures taken by the company, user interface design etc., before deciding which one is right for you.

Test Out The Platform Before Committing

Most reputable companies allow potential customers to test out their products before committing fully – take advantage of this opportunity! It will allow you get familiar with how the system works without having any real money on the line yet – plus give you more confidence in making an informed decision about which trading platform is right for your needs!

• Venom Ventures Fund, a Web3 and blockchain innovation fund managed by Iceberg Capital Limited, has announced a strategic partnership with Everscale to commit a $5 million investment.
• The investment will be in stages, based on the progress and cooperation indicators of Everscale.
• The Venom Ventures Fund was launched in partnership with Venom Foundation, the first officially licensed and regulated Layer-1 blockchain operating within the Abu Dhabi Global Market (ADGM).

Today, Abu Dhabi-based investment fund manager Iceberg Capital Limited and its Venom Ventures Fund have announced a strategic partnership with Everscale, a premier blockchain that aims to solve the scalability issues bogging down the Web3 industry. Venom Ventures Fund has committed a $5 million investment in Everscale to support the development of its teams and projects.

Everscale has been actively working on expanding its reach and integrating its technology solutions in Asian countries over the past two years, while also building a strong community. Its dynamic sharding technology allows for efficient adaptation to varying workloads, making it an ideal option for creating large-scale Web3 and other types of applications.

The Venom Ventures Fund was established by Iceberg Capital Limited in collaboration with Venom Foundation, the first officially licensed and regulated Layer-1 blockchain operating within the Abu Dhabi Global Market (ADGM). Venom Ventures Fund Chairman Peter Knez, ex-CIO of BlackRock, expressed his enthusiasm for the new partnership, stating that the investment was a strategic move to bolster the technology industry.

The $5 million investment will be divided into stages, depending on the progress and cooperation indicators of Everscale. The funds will be used to expand the development teams, as well as to increase the number of projects.

The partnership between Venom Ventures Fund and Everscale will help drive the growth of the Web3 industry, as well as promote the development of blockchain technology. It is hoped that the investment will be beneficial to both parties and help them reach their goals.

• Dan Ashmore, a cryptocurrency analyst at Coinjournal, told CNBC in a recent interview that the audit reports by cryptocurrency exchanges were not entirely accurate.
• Mazars Group suspended all work with its crypto clients, including Binance, KuCoin and Crypto.com.
• Ashmore stated that the reports only indicated the assets held by the exchanges and didn’t reveal the liabilities of the companies and that third-party entities need to look at these centralised exchanges and make financial assessments.

Recently, Dan Ashmore of Coinjournal gave an interview to CNBC in which he stated that the audit reports by cryptocurrency exchanges were not entirely accurate. The analyst pointed out that the reports only indicated the assets held by the exchanges and didn’t reveal the liabilities of the companies. This in turn caused Mazars Group to suspend all work with its crypto clients, including Binance, KuCoin and Crypto.com.

When discussing the move, Ashmore stated that it was a disappointing one for the crypto industry and that it was not possible to do an audit without mentioning liabilities. Ashmore further elaborated that the proof of reserves needed to become proper audits in order to give investors a better understanding of the exchanges’ financials. He also noted that third-party entities need to look at these centralised exchanges and make financial assessments.

Ashmore’s comments come after several exchanges, including Binance and OKX, have published their proof of reserve reports in the last few months. However, the analyst believes that these reports are not enough to give investors a true understanding of the exchanges’ financials. He thus concluded that a proper audit is necessary in order to give investors a better understanding of the exchanges’ financials.

The need for proper audits is growing as more investors are looking to enter the cryptocurrency space. With proper audits in place, investors will have the confidence they need to invest in the space and be assured that their investments are safe. As such, it is crucial that cryptocurrency exchanges take the necessary steps to ensure that their audit reports provide a true representation of their financials.

• Crypto scams are a form of fraud that involves con artists using their crypto token holdings to become wealthy quickly.
• The emergence of new cryptocurrencies and the complexity of the system make it difficult for individuals to understand how it functions.
• Steps to protect oneself from crypto fraud include being aware of potential threats, such as phishing schemes and fraudulent apps, and relying on reliable trading bots like Bitcoin Prime.

The rise of cryptocurrencies has changed the way people trade and invest. They are now able to take part in a new and revolutionary form of financial technology that is decentralised and secure, allowing them to access many different types of digital assets. However, the rapid growth of the cryptocurrency industry has also created an environment in which scammers can take advantage of unsuspecting investors.

Crypto scams are a form of fraud that involves con artists using their crypto token holdings to become wealthy quickly. They use methods such as phishing schemes, fake investment opportunities and fraudulent apps to lure unsuspecting investors into their schemes. It is important to be aware of these potential threats and to only rely on reliable trading bots like Bitcoin Prime to protect your investments.

Cryptocurrencies are complex systems that require users to execute complex mathematical computations on behalf of everyone on the network. This requires users to send off some details about themselves, such as their public address, and then wait for their reward. As such, it is important for users to understand how the system works and to be aware of potential threats.

To protect oneself from crypto fraud, it is important to understand the risks associated with investing in cryptocurrencies. This means doing research on the project, the team behind it and the technology used. It is also important to ensure that any exchange you use is secure and reputable, and to avoid any services that promise “get rich quick” schemes.

In addition, it is important to be wary of any websites or emails that are offering free coins or tokens. These are often scams and should be avoided. Instead, stick to reputable exchanges and trading bots like Bitcoin Prime to ensure safe and secure trading.

Finally, it is important to remember that cryptocurrencies are highly volatile assets and should be treated as such. It is important to know the risks associated with investing in cryptocurrencies and to only invest what you can afford to lose. By following these simple steps, you can protect yourself from crypto fraud and make the most out of your investment.