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CryptoNote protocol-based e-cash system —MKEcoin (Monke Coin)

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The successful application of Bitcoin as the first point-to-point transmission electronic cash model. Compared with legal currency, Bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone can participate in the manufacture of Bitcoin, circulate around the world, buy and sell on any computer connected to the Internet.

The original Bitcoin was just a few thousand lines of code, and the value was not reflected, but because of its decentralization and encryption, it was essentially an anti-inflation currency, because of its decentralized “mining” incentive mechanism. Coupled with the inherent scarcity of Bitcoin and the 21 million Bitcoin output cap, many people and even institutions regard Bitcoin as hard currency. This means that internal monetary policy is driving the purchasing power of Bitcoin. On the other hand, Bitcoin’s biggest innovation is the application of blockchain technology, each block representing transactions in a Bitcoin network. The more blocks, the longer the trading time, thus forming a “chain “, although this” chain “has no actual commercial value, but because of the decentralization of value demand continues to increase, prices also rise with the water.

As technology advances, it’s not a problem to replicate any more Bitcoin networks, but so far no blockchain network has been able to match Bitcoin. A lot of facts have proved that blockchain networks in the digital economy, if separated from commercial applications, mean that bubbles are made purely. The strong have been established since ancient times, and only “killer apps” can shake Bitcoin’s position, although there are inevitable defects, but it will not affect its value at all, unless emerging technologies break the balance and make this decentralized environment no longer exist, But this is not impossible, plus Bitcoin in the transaction confirmation time is slow, poor value support and other hard injuries. There is no credit endorsement from any government or institution behind Bitcoin, which is prone to deflation with obvious market ups and downs. In terms of vision, it is already a bit contrary to the initial anti-inflationary heart, and it is difficult to realize commercial applications. The contribution to the development of digital economy is insignificant. Therefore, we think that in the development mechanism of digital economy, it is more effective to introduce a new application than to permanently repair the original application without a block chain network with commercial applications. MKEcoin (Monke Coin) is also born on this demand.

MKEcoin is a subchain technique based on Monero CryptoNote protocols. MKEcoin effectively inherits the privacy, decentralization and extensibility of the main chain Monero, and its powerful expansibility alleviates the storage pressure of the main chain. With its custom DPOS consensus mechanism, it meets the needs of more DAPP and other commercial applications in the future.

MKEcoin based on CryptoNote protocols, significant algorithm differences blur blockchain transactions, focusing on private and censored boycott transactions, transactions are confidential and untraceable to ensure user information security for each transaction. CryptoNote is an application layer protocol that supports a variety of decentralized, privacy-oriented digital currencies. Its goal is to become the evolution of ideas behind Bitcoin.

Different from Bitcoin, CryptoNote transactions can not display the way money is sent or received through block links. The approximate number of transactions can be known, but the sender, receiver and actual number can not be known. the only information available is that the actual quantity is lower than the quantity shown. the only person accessing the entire dataset about a transaction is the sender or receiver of the transaction and the person with one or two secret keys; another significant difference is the CryptoNote hash-based workload proof algorithm. Bitcoin is used SHA256, It is CPU binding function. this means that participants (miners) are only limited by their computational speed, and it is relatively cheap to create dedicated integrated circuit (ASIC) devices, which will have a hash per unit of currency over the normal computer. CryptoNote use memory binding functions CryptoNight, can not easily pipeline production.

MKEcoin sub-chain technology realizes the scalability of block chain system and provides a feasible solution to block chain fragmentation. MKEcoin subchain derived from the main chain platform with independent functions of the block chain. These subchains can not exist alone and must be run through the infrastructure provided by the main chain, so the subchain inherits all the attributes of the main chain.

A significant feature of MKEcoin subchains is the ability to define their own consensus approach and execution modules. Far from being limited to the different consensus modes of the main chain, the consensus mode of the sub-chain can be POW ,PBFT ,POS ,DPOS, even the consensus mode that different industries can define themselves. Of course, the user must define the consensus engine separately to implement the task under the custom consensus mechanism. There are several advantages to this :1. The function of the subchain is greatly enriched in a flexible way. The function of the sub-chain is not only limited to the scope of intelligent contract processing, but also increases the practicability. 2. can make full use of MKEcoin main chain to quickly deploy subchains with new functions without the need to maintain the nodes needed for a separate block chain and the cost of attracting new users to participate. 3. the difficulty of deploying subchains is greatly reduced, we only need to write subchain consensus and execution module.

MKEcoin unique custom consensus mechanism and execution module, according to the needs of the application scene, quickly form a consensus module to achieve its commercial value, and MKEcoin the block speed is independent, not limited by the public chain, Can customize block speed according to application requirements to meet transaction fluency and balance.

MKEcoin sub-chain technology can not only be used as a DAPP support platform to build complex application scenarios, but also can be deployed as a common service platform to provide specific services for other sub-chains or DAPP. MKEcoin realizes the cross-chain transaction with other block chains, and more broadly, realizes the communication between block chains and other networks, forming the interconnection of all things.

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Forex Expo Dubai Announces Opportunity to Win Up to 150 Grams of Gold This September 2026

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Dubai, United Arab Emirates, August 6th, 2026, FinanceWire

Forex Expo Dubai has announced a Gold Lucky Draw for its 9th Edition, offering eligible Verified Traders, Introducing Brokers (IBs), and Affiliates the opportunity to win a share of 150 grams of 24K gold during the event.

The Gold Lucky Draw will take place during Forex Expo Dubai 2026, scheduled for 22–23 September 2026 at Dubai World Trade Centre. A total of 150 grams of 24K gold will be awarded across the two-day event as part of the attendee programme.

The lucky draw is open exclusively to Verified Traders, Introducing Brokers (IBs), and Affiliates attending the event. In addition to participating in the draw, eligible attendees will have access to the expo’s conference sessions, networking activities, and business programmes.

With 33 winners set to take home a share of 150 grams of 24K gold, this year’s Gold Lucky Draw will be distributed across the following prize categories:

●     1 winner of a 50grams 24K Gold Bar

●     2 winners of 10grams 24K Gold Bars

●     10 winners of 4grams 24K Gold Bars

●     20 winners of 2grams 24K Gold Coin

While lucky draw winners will take home gold, every participant will have the opportunity to build new partnerships, gain fresh market insights, and connect with companies shaping the future of online trading.

Five Halls. One Global Trading Landscape.

Across five halls, Forex Expo Dubai 2026 will bring together 250+ exhibitors and 100+ speakers, featuring leading brokerages, fintech companies, liquidity providers, payment providers, trading technology firms, and financial services companies from around the world.

Attendees can discover new products and services, compare trading platforms, meet solution providers, and engage directly with businesses driving the evolution of online trading.

For those looking to stay ahead of the curve, the conference programme will feature discussions on market trends, regulation, trading strategies, and the future of online trading.

Raising the Standard for Industry Events

The 9th edition introduces expanded experiences designed around the needs of its key attendee groups.

Verified Traders gain access to dedicated seminar sessions, the Traders Lounge, and the Traders Clinic, where they can pre-book one-to-one sessions with market experts.

Introducing Brokers can participate in the dedicated IB Programme, connect with brokers to discuss partnership models and rebate structures, and access the IB Lounge for focused networking.

Beyond these dedicated experiences, attendees can explore live product demonstrations, private meeting zones, pre-bookable meetings through the official event app, and side events taking place before and after the expo — creating more ways to learn, build relationships, and discover new opportunities.

*T&C Apply

About Forex Expo Dubai

Forex Expo Dubai is one of the region’s leading gatherings for the global online trading and fintech industry, bringing together brokerages, fintech innovators, traders, investors, payment providers, IBs, affiliates, and online trading technology companies under one roof. The expo provides a platform for business networking, technology showcases, industry insights, and conversations shaping the evolution of modern finance.

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Commercial Director
Niyaz Mohamed
HQMENA
Sales@hqmena.com

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Inevitable AI Group Raises $6M From Aleph to Launch AI-Native SaaS Companies

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Tel Aviv, Israel, August 6th, 2026, FinanceWire

 Inevitable AI Group (IAIG), an AI-native venture studio founded by veteran technology entrepreneurs, today announced a $6 million pre-seed funding round led by Aleph. The company is building and launching dozens of AI-native software businesses designed to capitalize on the rapidly changing economics of software development.

Founded by Nimrod Lehavi and Ofer Bar-Or, IAIG was created around the thesis that advances in artificial intelligence are enabling small teams to build, launch, and scale software products faster and more efficiently than ever before.

Rather than building a single company, IAIG operates as a venture studio, partnering with entrepreneurs to launch AI-native products in a matter of weeks in identified and proven software markets and providing them with all of the tools to grow rapidly.

The process starts with meticulous selection, development, go-to-market execution, operations, and growth. By leveraging AI across the company-building process, IAIG achieves feature parity with established software products in weeks while dramatically reducing operating costs.

Since launching in January, IAIG has already created and launched five ventures and expects to launch dozens more by year-end. The company focuses on post market fit proven software categories with established demand and opportunities where AI can significantly improve efficiency, accessibility, or pricing.

“We believe AI is changing the foundations of how software businesses are built, marketed, grow and exit,” said Nimrod Lehavi, founder and CEO of IAIG. “Many of today’s software companies were designed for a different technological era. We see an opportunity to build a new generation of companies that can move faster, operate more efficiently, and deliver greater value to customers.”

Established software companies often face challenges adapting to AI due to legacy technology, complex architectures, and slower operating models. AI-native companies, by contrast, can automate large portions of development and operations while serving customers with significantly smaller teams.

“SaaS isn’t dying, it’s being reinvented,” said Eden Shochat, Equal Partner at Aleph. “AI gives customers the ability to create tools tailored to their needs on demand. We backed IAIG because the team understands that the winners of this transition will be those building entirely new categories of software.”

Lehavi previously founded, managed and sold Simplex to Nuvei for 300MM, while Bar-Or brings more than 30 years of entrepreneurial experience spanning telecommunications, semiconductors, internet infrastructure, machine learning, and deep technology. A graduate of Israel’s Talpiot program, Bar-Or also spent seven years in the Israeli space program.

“The biggest challenge in startups has always been finding something the market truly needs and then executing well,” said Ofer Bar-Or, founder and COO of IAIG. “AI is dramatically reducing the barriers to execution, allowing entrepreneurs to spend more time solving meaningful problems and less time navigating the complexity of software development.”

IAIG believes the next phase of the software industry will be defined by smaller, more efficient organizations capable of delivering enterprise-grade products at lower cost and higher speed. The company also expects acquisitions, partnerships, and integrations between AI-native startups and established software providers to become increasingly common as the industry adapts to AI-driven change. Looking ahead, IAIG plans to expand its network of founders, enter additional software categories, and continue refining a venture-building model designed specifically for the AI era.

About IAIG

IAIG is an AI-native venture studio that partners with solo entrepreneurs to select, build, launch, and scale software companies for the age of artificial intelligence. The company identifies proven software markets and works alongside founders to develop AI-first products through a combination of venture-building infrastructure, operational expertise, and AI-driven execution. Based in Israel, IAIG’s mission is to enable a new generation of entrepreneurs to create software companies that are faster to build, more efficient to operate, and better aligned with the opportunities created by advances in artificial intelligence.

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Nimrod Lehavi
nimrod@iaig.com

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Press Release

BlockComp and Dragonfly Partner to Launch the Third Annual Crypto Compensation Survey, Setting a New Standard for Industry Benchmarks

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Participating organizations will receive three months of complimentary access to the BlockComp Platform, featuring benchmark data from more than 55 crypto companies across 100+ countries.

Amsterdam, New York, August 6th,2026, ZEX PR WIRE — BlockComp, the compensation benchmarking platform purpose-built for crypto and digital asset organizations, today announced a partnership with Dragonfly, a leading global investment firm focused on the digital asset ecosystem, to launch the third edition of the Crypto Compensation Survey.

The initiative aims to establish the industry’s most comprehensive compensation database, providing organizations with a reliable, data-driven view of compensation practices across functions, seniority levels, geographic markets, and reward structures.

As the crypto industry continues to grow, compensation remains one of its most complex and least transparent areas. Fragmented market data, inconsistent benchmarking methodologies, and the growing prevalence of token-based compensation have made it increasingly difficult for organizations to design competitive and sustainable Total Rewards programs. The BlockComp x Dragonfly Crypto Compensation Survey addresses this challenge by consolidating anonymized and standardized compensation data from across the ecosystem into a single, trusted benchmark.

Combining Data, Talent Expertise, and Industry Reach

The partnership brings together BlockComp’s proprietary compensation dataset and deep expertise in Total Rewards with Dragonfly’s extensive network and talent insights across the global crypto ecosystem.

By expanding participation across a broader range of organizations, markets, and talent profiles, the survey aims to deliver the most representative and actionable compensation benchmark available to crypto employers. The resulting dataset will help organizations make more informed decisions around compensation strategy, talent acquisition, retention, equity design, and token-based incentive programs.

Contribute Data and Gain Complimentary Platform Access

Organizations that complete the survey submission will receive three months of complimentary access to the BlockComp Platform, enabling them to benchmark compensation practices against real market data from across the crypto industry.

The platform currently contains compensation insights from more than 55+ crypto organizations, covering 100+ countries and incorporating over 11,000 compensation data points. Participants will gain access to benchmarks across base salary, annual incentives, equity compensation, and token-based rewards. With this new partnership, the dataset is expected to grow significantly, delivering the most robust, reliable, and industry-specific compensation benchmark available.

To ensure the highest standards of confidentiality and data integrity, all submitted information is aggregated, anonymized, and analyzed in accordance with strict data privacy protocols. No individual company data will be disclosed or identifiable within the published results.

Shaping the Future of Compensation in Crypto

As competition for talent intensifies and compensation structures continue to evolve, access to reliable market intelligence has become increasingly critical for organizations operating in the digital asset sector.

By participating in the survey, organizations will not only gain access to valuable benchmarking insights but also contribute to the development of a more transparent, data-driven, and sustainable compensation landscape for the broader ecosystem.

How to Participate

Organizations interested in contributing to the industry’s leading compensation benchmark can participate by completing the survey submission.

Survey Link

About BlockComp

Built specifically for crypto and digital asset organizations, BlockComp is a compensation benchmarking platform powered by a proprietary dataset of more than 11,000 compensation data points from 55+ companies across 100+ countries. Founded by a team with 12+ years of compensation experience across the Tech and Blockchain ecosystem, BlockComp enables organizations to design, benchmark, and optimize compensation strategies covering base, bonus, equity, and token compensation.

Website: https://platform.blockcomp.io/

About Dragonfly

Dragonfly is a $3.6B crypto-focused global investment firm. Since 2017, Dragonfly has been at the forefront of blockchain and crypto innovation with a long-term-oriented, technical, and research-driven approach, having been early backers of some of the most influential protocols and companies in the industry.

Website: https://www.dragonfly.xyz/

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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