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CRYPTO NEWS (February 9, 2023)🪙

📌First-Ever ETH Staking Withdrawals On Ethereum Testnet Are Processed Successfully
The second-largest blockchain has taken a step toward its historic conversion to a proof-of-stake network after simulating staked ether withdrawals on an ETH test network. After becoming live on the testnet, known as Zhejiang, the withdrawal simulations were made possible. The test network's objective is to provide developers a trial run for withdrawals that will take place on the main ETH blockchain due to its awaited Shanghai update.

📌Nokia Connects Remote Breweries And Trains Aviation Technicians Via The Metaverse
The telecoms infrastructure company Nokia, formerly recognized as a maker of durable cell phones, has been searching for methods to leverage the Metaverse to help remote workers, from beer breweries on opposite ends of the world to aviation technicians in remote airports. Many people are familiar with Nokia as a maker of consumer mobile handsets, but it has subsequently changed its focus to creating tools and technology that delivers the internet.

📌Binance Provides $100 In BNB Airdrops To Users In The Turkey Earthquake-affected Regions
A wide range of places and people have been affected by the terrible earthquake that struck Turkey on February 6. Binance states that it will airdrop $100 worth of BNB tokens to all Binance users residing in the areas most severely affected by the earthquake as a response to the tragedy. The 10 earthquake-affected cities of Adana, Adyaman, Diyarbakr, Gaziantep, Hatay, Kahramanmaraﾅ, Kilis, Malatya, Anlurfa, and Osmaniye are considered for it.

📌Dubai Establishes Regulatory Requirements And Mandates Licensing For Crypto Companies
According to Dubai's new virtual asset regulations, cryptocurrency businesses must be authorized and hold the necessary licenses in order to hold their operations there. In-depth regulations released on Tuesday specify obligations for businesses, including compliance, risk-management, and cyber security criteria. Specific activities including issuance, advisory, custody, and exchange services are covered by different set of rulebooks.

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