• According to the Western Union Global Money Transfer Index, 64% of money transfer consumers send and/or receive money once a month or more.
• Over the next 12 months, 75% of people expect these remittances to increase.
• Remittances are driven by family requirements but also play an important role in future financial planning, such as paying for education costs, supporting business interests at home and saving for the future.

Key Highlights from Global Money Transfer Index

The Western Union Global Money Transfer Index surveyed 30,600 consumers across 20 countries in the Middle East, Africa and Asia Pacific region. It found that 64% of money transfer consumers send and/or receive money once a month or more. Over the next 12 months, 75% expect these remittances to increase due to economic challenges such as higher global cost of living.

Main Purpose of Remittances

The survey found that while family support is identified as the main purpose for remitting, transfers also play a strong role in future financial planning. Paying for education costs ranks second highest as a reason consumers remit money. Supporting business interests at home and saving for the future are cited by consumers as critical reasons too.

Western Union’s ‘Evolve 25’ Strategy

The results from this index bolster Western Union’s ‚Evolve 25‘ strategy which is focused on combining high-value, accessible retail and digital financial services for all types of customers around the world. This strategy will help customers navigate macroeconomic headwinds with greater confidence when it comes to their current and future finances through international money transfers.

Jean Claude Farah’s Statement

Jean Claude Farah, President of Middle East and Asia Pacific at Western Union stated: „We all felt a strong sense of relief as global economies went into post-pandemic recovery,“ said Jean Claude Farah, President of Middle East and Asia Pacific at Western Union.“However, macroeconomic conditions have since made the daily lives of people more challenging.“ He further added that remittances usually remain resilient despite changing conditions because they fulfill an important purpose which makes them even more essential during times like these.

Conclusion

The Western Union Global Money Transfer Index has highlighted how increasingly important international money transfers are becoming in current economic conditions as well as providing insights into how customers use them today and what their expectations are for tomorrow when it comes to their personal finances .

• Shapella upgrade for Ethereum was successfully activated on the Goerli Testnet.
• This upgrade allows validators to withdraw ETH they have been holding since 2020.
• The update combines both Shanghai and Capella consensus layers, with Shanghai as the implementation side upgrade.

Shapella Upgrade for Ethereum Successfully Activated on the Goerli Testnet

The „Shapella“ update for Ethereum on Goerli is now complete, allowing validators to withdraw their held ETH since 2020. With the update, stakers can remove their ETH from the network’s stake and it has already been tried out on open testnets Sepolia and Zhejiang.

Consensus Layer Combination

The Shapella upgrade combines both Shanghai and Capella consensus layers, with Shanghai acting as the implementation side upgrade.

Final Test Run Before Mainnet Launch

The final test run before withdrawals go live on the mainnet in April 2023 is the Goerli testnet, where the hard split went live.

Proof-of-Stake Mechanism

Since proof-of-stake succeeded proof-of-work, Ethereum requires validators to lock in 32 ether (roughly $52,500) in order to take part in staking activities and earn rewards.

Conclusion

With successful activation of Shapella update on Goerli Testnet, validators will be able to withdraw their locked ether from beacon chain once it goes live on mainnet in April 2023.

GFT US Appoints Chief Revenue Officer

• Global digital transformation company GFT has appointed Scott Hofmann as its Chief Revenue Officer (CRO) in the U.S.
• Hofmann previously served as Senior Vice President and Managing Director at Globant and has more than two decades of experience driving digital adoption on both a regional and global scale.
• In his role, Hofmann will drive awareness of how large-scale infrastructural overhauls can enable companies to capitalize on new opportunities, including new business models, revenue streams, and digital customer acquisition.

Scott Hofmann Joins GFT

Global digital transformation company GFT has appointed Scott Hofmann as its Chief Revenue Officer (CRO) in the U.S., following the company’s recently announced plans to unify operations in the Americas to serve companies both in the U.S. and throughout the region. Prior to joining GFT, Hofmann was Senior Vice President and Managing Director at Globant with more than two decades of experience driving digital adoption on both a regional and global scale. His expertise will help fuel GFT’s ambitions in banking, private equity, insurance, manufacturing, and other industries across the country by transforming their legacy infrastructure into cloud-based opportunities for success.

GFT’s Successful Digitalization Projects

GFT has already successfully modernized the legacy infrastructure for some of America’s most influential banks, insurance companies, private equity firms and auto manufacturers on a global scale that enables them to accelerate their rate of digitalization at scale. In banking specifically, GFT built Mox—a cloud-based digital-only bank—for Standard Chartered in just 18 months with thought Machine and AWS partnerships. This successful project serves as an example of what companies can achieve when they embrace digital transformation wholeheartedly.

Hofmann’s Role at GFT

As part of his role at GFT US CRO position ,Hofman will leverage his experience to illustrate to other enterprises how they can confidently digitally transform their infrastructure with accelerated rates while taking advantage of new opportunities such as business models or customer acquisitions strategies . He will also raise awareness about how important it is for traditional industries to invest into digitizing their operations before it’s too late .

Conclusion

The appointment of Scott Hoffmanns marks an important milestone for Global Transformation Company since it signals its ambition towards expanding its reach not only within US but across all countries where it operates . His expertise combined with GFTS years long successful projects should enable other enterprise to join the revolution without fear or hesitation .

• MobileCoin announced that they will match donations made to a Ukraine Humanitarian Effort via their Moby App.
• The fundraising effort is part of ETHDenver’s Privacy Highlight, which features many subject matter experts and a surprise musical performance.
• The event is scheduled on March 4th at 4:00pm MST on ETHDenver’s Main stage.

MobileCoin to Match Crypto Donations for Ukraine Fundraiser

Business Wire reported that MobileCoin, a digital payments ecosystem, will lead a fundraising effort for Ukraine humanitarian aid following ETHDenver’s Privacy Highlight. This four-hour session will feature many subject matter experts and include MobileCoin CTO Sara Drakeley along with a surprise musical performance that will raise money for the cause. During the event, MobileCoin will match any donations collected through its Moby App.

ETHDenver an Important Event in Decentralized Industry

ETHDenver is community-run conference and widely considered one of the most important events in the Web3 industry. This year’s Privacy Highlight takes place on Saturday, March 4th at 4:00 PM MST on ETHDever’s Main Stage.

About MobileCoin

MobileCoin was founded in 2017 as a layer 1 blockchain focused on providing fast, secure, and frictionless payments compatible with mobile devices. After launching mainnet in 2020, the company released its Moby app which is now available globally.

Information For Media Inquiries

For all media inquiries related to MobileCoin or their participation at ETH Denver’s Privacy Highlight please contact [email protected]

Recent Posts Related To Crypto Donations & Funds

The crypto market witnessed $221M liquidation in 12 hours; Pawswap (PAW) set a new all-time high with 2000% surge; Shiba Inu (SHIB) Price Prediction 2023 — Will SHIB Hit $0.00008 soon?; Baby Doge Coin (BABYDOGE) Price Prediction 2023 — Will Baby Doge Hit $0.00000001 soon?; The Sandbox users targeted through phishing emails after security exploit; Pleasure Network introduces much needed reforms in adult industry

• Ault Alliance, Inc. (formerly BitNile Holdings, Inc.) and BITNILE.com, Inc. announced the creation of the exclusive „NILE“ coin for in-world purchases on BITNILE.COM.
• The metaverse platform allows users to access it via web browser and incentivizes users through a tiered rewards system.
• NILE coins can be used to play 3D immersive games, purchase digital products related to gameplay, experience various forms of entertainment, and engage with a new social networking community across any device.

Ault Alliance Announces Creation of In-World Coin

Ault Alliance, Inc., a diversified holding company formerly known as BitNile Holdings, Inc., and BITNILE.com, Inc. have jointly announced the creation of an exclusive in-world coin called “NILE” that will be used solely for in-world purchases on the BITNILE.COM platform.

Accessible Metaverse Platform

The metaverse platform is accessible via web browser and is device agnostic; meaning it can be experienced on any device such as mobile phones, tablets, PCs or virtual reality headsets without needing specialized hardware or software. It is designed to provide users with a tiered rewards system where they can earn incentives for their activity within the platform world and use their NILE coins to purchase digital products related to gaming experiences or entertainment offerings within the Networking Community available on any internet connected device.

Incentivizing Users Through Rewards System

By using their NILE coins, users will be able to participate in 3D immersive games as well as purchase digital products from within the Platform associated with gameplay such as unique avatars, customized skins and other accessories not available outside of this world. Additionally they will have access to various forms of entertainment based upon their activity within the Social Networking Community which also uses only NILE coins as its currency exchange medium between participating users inside this walled garden environment created by Ault Alliance and BITNILE together specifically for this purpose alone..

Executive Chairman Comments On Progress Of Platform

Milton “Todd” Ault III commented on his view of progress being made throughout development thus far stating that he believes this project has tremendous potential going forward due to its scalability allowing increased features functionality over time; making it one of AULT Alliances most profitable assets likely once fully mature in his opinion at least..

Recommendation For Investors Interested In Company Progress

For those interested in monitoring closely how this endeavor progresses along; AULT Alliance recommends stockholders investors review their publicly released filings & press releases regularly found under Investor Relations section at https://www

• KnownOrigin, an NFT marketplace owned by eBay, is launching creator smart contracts for its artists.
• The contract allows them to share in profits and royalties as equal partners.
• KnownOrigin was founded in 2020 and has seen over 1,523.78 Ether ($2.56 million) worth of sales volume from its collection of “digitally glitched” and flashing picture artworks.

EBay Introduces Creator Smart Contract For KnownOrigin

EBay recently purchased the non-fungible token (NFT) marketplace KnownOrigin in June 2022, with the goal of empowering creators and collectors by giving them the ability to showcase, sell and collect unique digital items. As part of this effort, KnownOrigin is now rolling out a Creator Contract beta which gives artists more control over their work while allowing them to share in profits and royalties as equal partners.

How Does It Work?

KnownOrigin’s Creator Contracts will enable artists to deploy and mint their own works on Ethereum without needing to know how to code. The contracts have already been tested for a few weeks with 84 contracts deployed and 250 NFT editions minted so far. Artists will be able to use these contracts beginning February 24th 2021.

What About Other Platforms?

Since May 2021, NFT listings have been allowed on eBay’s direct marketplace though blockchain technology is not yet incorporated into the platform for facilitating transfers or crypto-based sales at this time. Customers can still obtain their NFTs outside the platform through an airdrop in May 2022 but must utilize in-app chat or email for now until further integration takes place.

About KnownOrigin

KnownOrigin was founded in 2020 and offers a community of NFT developers and artists exclusive access to their products as well as support when needed. To date, they have seen over 1,523.78 Ether ($2.56 million) worth of sales volume from their collection of “digitally glitched” and flashing picture artworks alone!

Conclusion

                                                                                                                          
                              With these new creator contracts being put into effect later this month, it’s clear that eBay wants to continue providing opportunities for creators to capitalize on their works while also offering protection against any potential misuse or theft that may occur within the industry itself – something that will likely bring more users onto their platform moving forward!

• Neo (NEO) is a governance token of an ecosystem intended to be used in the development of a smart economy. It holds the 74th position on CoinGecko right now.
• The current market status of NEO shows that its 24-hour price change is 9.2% down and its all-time high was reached on January 15, 2018 at $198.38.
• According to Neo price prediction for 2023, it might reach as high as $20 or fall as low as $5.97 depending on the trend of horizontal channel pattern which has support levels at $6.04 and resistance levels at $10.45 and $17.43

What is Neo (NEO)?

Neo (NEO) is a governance token of Neo, a blockchain ecosystem intended to be used in the development of a smart economy. This blockchain was first introduced in 2014 under the name Antshares and rebranded as Neo three years later in 2017. There are two native tokens in this blockchain – NEO and NEO GAS, which are respectively used to establish ownership and management roles as well as pay for transactions within the system.

Neo (NEO) Price Prediction 2023

Neo (NEO) holds the 74th position on CoinGecko right now with a current price of around 8 USDT per coin and 24-hour trading volume of 77 million USDT according to its current market status information from CoinGecko website. Predictions for 2023 indicate that NEO could reach up to 20 USDT or drop down to 5 USDT depending on how the horizontal channel pattern plays out with support levels at 6 USDT and resistance levels at 10 & 17 USDT respectively.

Neo’s Horizontal Channel Pattern

The chart above illustrates how NEO’s horizontal channel pattern looks like with buy/sell points marked out clearly when prices hit either end of the rectangle formation consisting equal highs & lows . Buying & selling pressure is also balanced with prevailing direction being sideways movement instead of any particular uptrend or downtrend directionality .

Support & Resistance Levels

The chart below displays the support & resistance levels for those looking to trade NEO coins during 2023 , showing key points where buyers/sellers may enter or exit their positions accordingly :

Conclusion

In conclusion , based on current market conditions alongside various technical analysis tools such as RSI , RVOL etc., our NEO price prediction for 2023 suggests that it could range between 5 -20 USDT depending on how its horizontal channel pattern moves throughout this year .

• Damus, a decentralized Twitter rival was launched and got taken down in China by the CAC because it violated the nation’s speech rules.
• Jack Dorsey, Twitter co-founder had funded the development of Nostr protocol which is used to create applications like Damus, Anigma and Jester.
• Dorsey has been advocating for more censorship-proof social media channels since 2019.

Damus – A Decentralized Twitter Rival

Damus is a Jack Dorsey-backed decentralized, Twitter rival that was available in China’s Apple App Store for 2 days before being taken down by the Cyberspace Administration of China (CAC) for violating national speech rules. Apple cooperated promptly after being asked to by the authorities.

Nostr – A Decentralized Social Network Protocol

The open-source Nostr protocol provides the groundwork for a decentralized, censorship-resistant social network that can be accessed anywhere in the world thanks to its cryptographic key pairs. It is impossible to prohibit users or censor content on applications built on top of Nostr due to all clients being operated by users. Some examples of projects developed on top of Nostr are Damus as an alternative to Twitter, Anigma as an alternative Telegram and Jester as a chess software.

Dorsey’s Support For Censorship Resistant Platforms

Dorsey has been an outspoken supporter of the need for more censorship-proof social media channels and donated 14 BTC (about $327,000 at the time of writing) from his own funds towards developing Nostr a year ago. Back in 2019 when he was still CEO of Twitter he had allocated funds to develop a decentralized social media system too and pleaded with Elon Musk after his takeover of Twitter for it to be moved to an „open source protocol funded by a foundation.“

Chinese Government Censorship

The Chinese government enforces strict censorships laws on its citizens which is why they were quick to take down Damus when they felt it violated their speech rules even though it was only available in their app store for two days. Furthermore, Apple cooperated promptly after being asked by authorities without any hesitation or protest from them either.

Conclusion

To conclude, we can see that although there have been efforts made towards creating more censorship resistant platforms like Damus, these initiatives have not been completely successful yet due to governments enforcing strict censorships laws upon their citizens online activities which prohibits any sort of freedom of expression online.

• Ripple announced the appointment of Monica Long as the company’s new President.
• Long has been with Ripple since 2013 and has been involved in the development of the Ripple ecosystem, including the introduction of On-Demand Liquidity (ODL).
• Ripple CEO Brad Garlinghouse referred to Long as one of the most renowned figures in the industry and highlighted her role in leading Ripple to a strong financial position.

Ripple, a cryptocurrency firm, has announced the appointment of Monica Long as its new President. Long has been a part of Ripple since 2013 and has been involved in the development of the Ripple ecosystem, including the introduction of On-Demand Liquidity (ODL). This technology has now been deployed in 40 countries across several continents. The appointment of Long is seen as a recognition of the important role she has played in the success of Ripple, even in the challenging crypto landscape.

Ripple CEO Brad Garlinghouse referred to Long as one of the most renowned figures in the industry, and highlighted her role in leading Ripple to a strong financial position despite the difficult market conditions. He stated: “At a time when crypto was barely a blip on the radar, she was in the trenches establishing Ripple as a responsible leader in the crypto industry.” Long expressed her excitement and enthusiasm to take on the position of President, acknowledging the hard work of her colleagues in making Ripley a successful venture.

Long has been a part of Ripple since its early days, when the company only had ten members of staff. She has since then been involved in the development of the Ripple ecosystem, including the introduction of On-Demand Liquidity (ODL) that has now been deployed in 40 countries across several continents. In addition to her work in the development of the Ripple ecosystem, Long has also been credited for the company’s success during several crypto winters and hurdles in the market.

The appointment of Long as President is being seen as a recognition of the important role she has played in the success of Ripple. Ripple CEO Brad Garlinghouse referred to Long as one of the most renowned figures in the industry, and highlighted her role in leading Ripple to a strong financial position despite the difficult market conditions. He said: “At a time when crypto was barely a blip on the radar, she was in the trenches establishing Ripple as a responsible leader in the crypto industry.” Long expressed her excitement and enthusiasm to take on the position of President, acknowledging the hard work of her colleagues in making Ripley a successful venture.

Going forward, Long will be responsible for the strategic direction and growth of Ripple, as well as developing Ripple’s global customer base. She will also be part of the executive team that sets the company’s vision and direction. Ripple’s CEO Brad Garlinghouse is confident that Long is the right person to lead the company into the future, stating: “Monica has consistently demonstrated her ability to lead and build strong teams, drive growth and take calculated risks.”

Ripple’s appointment of Monica Long as President is a further step in the company’s mission to become a leading player in the digital payments space. Long’s experience and expertise in the industry will be important in driving the company’s growth and success in the future.

• StorX Network ($SRX) is now listed on Coinstore.com – a global cryptocurrency exchange.
• Coinstore.com will offer the SRX community a simple buy/sell crypto feature for beginners, advanced cryptocurrency spots, and futures trading dashboards.
• The SRX/USDT pair will be available for trade on the exchange.

StorX Network ($SRX) has recently been listed on Coinstore.com, a global cryptocurrency exchange with over 2,300,000 users. This listing provides the SRX community access to a simple buy/sell crypto feature for beginners, advanced cryptocurrency spots, and futures trading dashboards. The SRX/USDT pair will be available for trade on the exchange.

Coinstore.com is a global cryptocurrency exchange that was established in Singapore in April 2021. It is on a mission to disrupt the crypto industry by bringing in “fun” in finance. It provides its users clarity in an industry that can often be complex, and wants to make cryptocurrency available for everyone in a fast, relatable and secure manner. It has 80 employees across the globe, with target markets in South East Asia (Vietnam, Philippines, Indonesia, Thailand, Malaysia), India, Japan, Korea, and Nigeria. Additionally, it has a mobile app available for download, allowing users to trade anytime, anywhere.

The listing of SRX on Coinstore.com provides the community with access to the StorX Network’s low-cost and high-efficient decentralized cloud storage network. This allows users to safely store their data, providing an extra layer of security. The listing dates are as follows: Deposit time: 2023/01/20 00:00(UTC+8), Trade time: 2023/01/20 13:00(UTC+8) and Withdrawal time: 2023/01/21 00:00(UTC+8).

Overall, the listing of StorX Network ($SRX) on Coinstore.com provides the community access to a global cryptocurrency exchange with over 2,300,000 users and also access to the StorX Network’s low-cost and high-efficient decentralized cloud storage network to safely store their data. The SRX/USDT pair will be available for trade on the exchange, with deposit, trade and withdrawal dates all released. The Coinstore.com mobile app also allows users to trade anytime, anywhere.