Hello there!
Day started from:
The global cryptocurrency market cap today is $1.07 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $21,815.17 (0.6%)
Ethereum ~ $1,535.15 (1.1%)
Solana ~ $20.85 (2.8%)
Polkadot ~ $6.25 (0.6%)
Flow ~ $1.05 (2.5%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.07 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $21,815.17 (0.6%)
Ethereum ~ $1,535.15 (1.1%)
Solana ~ $20.85 (2.8%)
Polkadot ~ $6.25 (0.6%)
Flow ~ $1.05 (2.5%)
Follow and subscribe - @GulfCryptoInsight
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Bitcoin is already in its ‘next bull market cycle’ — Pantera Capital
This cycle’s Bitcoin and altcoin lows are behind us, Pantera CEO Dan Morehead says as he looks to a “year of rebuilding trust.“
Bitcoin is beginning its “seventh bull cycle,” and investors should not be scared of crypto post-FTX, Pantera Capital believes.
In its latest “Blockchain Letter” on Feb. 8, the asset management firm’s CEO,…
https://cryptoinsight.ae/bitcoin-is-already-in-its-next-bull-market-cycle-pantera-capital/
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This cycle’s Bitcoin and altcoin lows are behind us, Pantera CEO Dan Morehead says as he looks to a “year of rebuilding trust.“
Bitcoin is beginning its “seventh bull cycle,” and investors should not be scared of crypto post-FTX, Pantera Capital believes.
In its latest “Blockchain Letter” on Feb. 8, the asset management firm’s CEO,…
https://cryptoinsight.ae/bitcoin-is-already-in-its-next-bull-market-cycle-pantera-capital/
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This layer 1 blockchain offers a unique decentralized interoperability solution
Blockchain interoperability is essential for the industry, but current solutions such as bridges are quite vulnerable. So what is the solution?
Blockchain interoperability is one of the most important goals to ensure that the industry becomes future-proofed. Smooth cross-chain communication and flow of value are essential for efficient transactions and use cases. By addressing the…
https://cryptoinsight.ae/this-layer-1-blockchain-offers-a-unique-decentralized-interoperability-solution/
Website | Twitter | LinkedIn | Telegram
Blockchain interoperability is essential for the industry, but current solutions such as bridges are quite vulnerable. So what is the solution?
Blockchain interoperability is one of the most important goals to ensure that the industry becomes future-proofed. Smooth cross-chain communication and flow of value are essential for efficient transactions and use cases. By addressing the…
https://cryptoinsight.ae/this-layer-1-blockchain-offers-a-unique-decentralized-interoperability-solution/
Website | Twitter | LinkedIn | Telegram
France’s top modern art museum to display CryptoPunks, Autoglyphs NFTs
A new exhibition targeting the intersection of art and blockchain will open this spring at the Centre Pompidou, home of the first collection of modern art in Europe.
Paris’s leading contemporary art museum, the Centre Pompidou announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible…
https://cryptoinsight.ae/frances-top-modern-art-museum-to-display-cryptopunks-autoglyphs-nfts/
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A new exhibition targeting the intersection of art and blockchain will open this spring at the Centre Pompidou, home of the first collection of modern art in Europe.
Paris’s leading contemporary art museum, the Centre Pompidou announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible…
https://cryptoinsight.ae/frances-top-modern-art-museum-to-display-cryptopunks-autoglyphs-nfts/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.06 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $21,849.44 (0.2%)
Ethereum ~ $1,520.23 (-1.0%)
Solana ~ $21.04 (0.9%)
Polkadot ~ $6.21 (-0.5%)
Flow ~ $1.03 (-1.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.06 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $21,849.44 (0.2%)
Ethereum ~ $1,520.23 (-1.0%)
Solana ~ $21.04 (0.9%)
Polkadot ~ $6.21 (-0.5%)
Flow ~ $1.03 (-1.7%)
Follow and subscribe - @GulfCryptoInsight
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Are stablecoins securities? Well, its not so simple, say lawyers
One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage, hedging, and staking opportunities.
Recently reported planned enforcement action against Paxos by the United States Securities and Exchange Commission (SEC) over Binance USD has many in the community questioning how the regulator could see a…
https://cryptoinsight.ae/are-stablecoins-securities-well-its-not-so-simple-say-lawyers/
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One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage, hedging, and staking opportunities.
Recently reported planned enforcement action against Paxos by the United States Securities and Exchange Commission (SEC) over Binance USD has many in the community questioning how the regulator could see a…
https://cryptoinsight.ae/are-stablecoins-securities-well-its-not-so-simple-say-lawyers/
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Wormhole hacker moves another $46M of stolen funds
The Wormhole exploiter appears to be seeking arbitrage opportunities with Ethereum-pegged assets.
The ill-gotten crypto from one of the industry’s largest exploits is on the move again, with on-chain data showing another $46 million of stolen funds has just shifted from the hacker’s wallet.
The Wormhole attack was the third largest crypto hack in 2022…
https://cryptoinsight.ae/wormhole-hacker-moves-another-46m-of-stolen-funds/
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The Wormhole exploiter appears to be seeking arbitrage opportunities with Ethereum-pegged assets.
The ill-gotten crypto from one of the industry’s largest exploits is on the move again, with on-chain data showing another $46 million of stolen funds has just shifted from the hacker’s wallet.
The Wormhole attack was the third largest crypto hack in 2022…
https://cryptoinsight.ae/wormhole-hacker-moves-another-46m-of-stolen-funds/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.05 Trillion, a -1.3% change in the last 24 hours
Bitcoin ~ $21,736.54 (-0.5%)
Ethereum ~ $1,504.18 (-1.0%)
Solana ~ $20.96 (-0.4%)
Polkadot ~ $6.12 (-1.5%)
Flow ~ $1.03 (-0.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.05 Trillion, a -1.3% change in the last 24 hours
Bitcoin ~ $21,736.54 (-0.5%)
Ethereum ~ $1,504.18 (-1.0%)
Solana ~ $20.96 (-0.4%)
Polkadot ~ $6.12 (-1.5%)
Flow ~ $1.03 (-0.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO
If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion.
Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves.
In a Feb.…
https://cryptoinsight.ae/bitcoin-could-hit-10m-in-9-years-but-more-sidechains-needed-blockstream-ceo/
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If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion.
Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves.
In a Feb.…
https://cryptoinsight.ae/bitcoin-could-hit-10m-in-9-years-but-more-sidechains-needed-blockstream-ceo/
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UAE central bank to issue CBDC as part of its financial transformation program
The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments.
The Central Bank of the United Arab Emirates (CBUAE) is planning to launch a central bank digital currency (CBDC) for cross-border and domestic use as part of the first of its newly-launched financial infrastructure transformation (FIT) program.…
https://cryptoinsight.ae/uae-central-bank-to-issue-cbdc-as-part-of-its-financial-transformation-program/
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The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments.
The Central Bank of the United Arab Emirates (CBUAE) is planning to launch a central bank digital currency (CBDC) for cross-border and domestic use as part of the first of its newly-launched financial infrastructure transformation (FIT) program.…
https://cryptoinsight.ae/uae-central-bank-to-issue-cbdc-as-part-of-its-financial-transformation-program/
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You don’t see that every day: Empty Bitcoin block found
Don’t be fooled by its emptiness: Block 776,339 plays as important a role as busier blocks in the Bitcoin blockchain.
Bitcoin is known for its robustness, security and predictability. Every 10 minutes — on average — the blockchain produces a new block, and the successful miner earns a block reward of 6.25 Bitcoin, around $130,000.…
https://cryptoinsight.ae/you-dont-see-that-every-day-empty-bitcoin-block-found/
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Don’t be fooled by its emptiness: Block 776,339 plays as important a role as busier blocks in the Bitcoin blockchain.
Bitcoin is known for its robustness, security and predictability. Every 10 minutes — on average — the blockchain produces a new block, and the successful miner earns a block reward of 6.25 Bitcoin, around $130,000.…
https://cryptoinsight.ae/you-dont-see-that-every-day-empty-bitcoin-block-found/
Website | Twitter | LinkedIn | Telegram
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown on BUSD issuer Paxos.
Crypto financial services Matrixport’s head of research believes the recent scrutiny of Paxos and its Binance USD token is not a direct attack on stablecoins themselves.
In a Feb. 14 analysis, Matrixport’s Markus…
https://cryptoinsight.ae/stablecoins-not-the-target-in-busd-crackdown-matrixport-head-of-research/
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Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown on BUSD issuer Paxos.
Crypto financial services Matrixport’s head of research believes the recent scrutiny of Paxos and its Binance USD token is not a direct attack on stablecoins themselves.
In a Feb. 14 analysis, Matrixport’s Markus…
https://cryptoinsight.ae/stablecoins-not-the-target-in-busd-crackdown-matrixport-head-of-research/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 2.6% change in the last 24 hours
Bitcoin ~ $22,150.56 (1.7%)
Ethereum ~ $1,551.47 (3.0%)
Solana ~ $21.65 (3.2%)
Polkadot ~ $6.20 (1.3%)
Flow ~ $1.05 (2.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 2.6% change in the last 24 hours
Bitcoin ~ $22,150.56 (1.7%)
Ethereum ~ $1,551.47 (3.0%)
Solana ~ $21.65 (3.2%)
Polkadot ~ $6.20 (1.3%)
Flow ~ $1.05 (2.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers
The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work.
Cryptocurrency exchanges Binance and Huobi have again frozen accounts linked to the $100 million Harmony Horizon bridge attack on Jun. 24, 2022.
Around $1.4 million worth of crypto frozen by the trading platforms…
https://cryptoinsight.ae/binance-and-huobi-freeze-1-4m-in-crypto-linked-to-north-korean-hackers/
Website | Twitter | LinkedIn | Telegram
The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work.
Cryptocurrency exchanges Binance and Huobi have again frozen accounts linked to the $100 million Harmony Horizon bridge attack on Jun. 24, 2022.
Around $1.4 million worth of crypto frozen by the trading platforms…
https://cryptoinsight.ae/binance-and-huobi-freeze-1-4m-in-crypto-linked-to-north-korean-hackers/
Website | Twitter | LinkedIn | Telegram
Binance CEO: Crypto industry will probably move to non-dollar stablecoins
Changpeng Zhao, also known as “CZ,” says that the industry may start to use stablecoins pegged to the euro, yen, or Singapore dollar, following recent actions against the U.S. dollar-pegged stablecoin BUSD.
The crypto industry will “probably” start using euro, yen, or Singapore dollar-based stablecoins in the future, reducing its reliance on United States dollar-based…
https://cryptoinsight.ae/binance-ceo-crypto-industry-will-probably-move-to-non-dollar-stablecoins/
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Changpeng Zhao, also known as “CZ,” says that the industry may start to use stablecoins pegged to the euro, yen, or Singapore dollar, following recent actions against the U.S. dollar-pegged stablecoin BUSD.
The crypto industry will “probably” start using euro, yen, or Singapore dollar-based stablecoins in the future, reducing its reliance on United States dollar-based…
https://cryptoinsight.ae/binance-ceo-crypto-industry-will-probably-move-to-non-dollar-stablecoins/
Website | Twitter | LinkedIn | Telegram
Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi
While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws.
A bi-partisan anti-money laundering (AML) bill that covers “decentralized entities” such as decentralized finance (DeFi) protocols and DAOs will soon be reintroduced to Congress, according to United States Senator Elizabeth Warren.…
https://cryptoinsight.ae/sen-warren-vows-reintroduction-of-aml-bill-that-extends-to-daos-and-defi/
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While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws.
A bi-partisan anti-money laundering (AML) bill that covers “decentralized entities” such as decentralized finance (DeFi) protocols and DAOs will soon be reintroduced to Congress, according to United States Senator Elizabeth Warren.…
https://cryptoinsight.ae/sen-warren-vows-reintroduction-of-aml-bill-that-extends-to-daos-and-defi/
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The ethics of the metaverse: Privacy, ownership and control
As the metaverse continues to grow and evolve, it is essential that we consider and address the ethical questions and challenges it raises.
The metaverse, a virtual environment that simulates reality, offers complex moral dilemmas regarding privacy, ownership and control. These consist of:
Privacy: Who has access to and how is personal information used within…
https://cryptoinsight.ae/the-ethics-of-the-metaverse-privacy-ownership-and-control/
Website | Twitter | LinkedIn | Telegram
As the metaverse continues to grow and evolve, it is essential that we consider and address the ethical questions and challenges it raises.
The metaverse, a virtual environment that simulates reality, offers complex moral dilemmas regarding privacy, ownership and control. These consist of:
Privacy: Who has access to and how is personal information used within…
https://cryptoinsight.ae/the-ethics-of-the-metaverse-privacy-ownership-and-control/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.17 Trillion, a 8.6% change in the last 24 hours
Bitcoin ~ $24,701.20 (11.7%)
Ethereum ~ $1,695.87 (9.3%)
Solana ~ $23.83 (10.2%)
Polkadot ~ $6.64 (7.1%)
Flow ~ $1.19 (12.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.17 Trillion, a 8.6% change in the last 24 hours
Bitcoin ~ $24,701.20 (11.7%)
Ethereum ~ $1,695.87 (9.3%)
Solana ~ $23.83 (10.2%)
Polkadot ~ $6.64 (7.1%)
Flow ~ $1.19 (12.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Abu Dhabi to back the growth of Web3 startups with $2B
Abu Dhabi’s technology ecosystem, Hub71, has announced a new initiative called “Hub71+ Digital Assets,” with a capital backing of over US$2 billion. This project aims to advance Web3-based innovations, such as blockchain technology and metaverse applications. The initiative aspires to provide Web3 startups with access to a range of programs, and initiatives, as well as,…
https://cryptoinsight.ae/abu-dhabi-to-back-the-growth-of-web3-startups-with-2b/
Website | Twitter | LinkedIn | Telegram
Abu Dhabi’s technology ecosystem, Hub71, has announced a new initiative called “Hub71+ Digital Assets,” with a capital backing of over US$2 billion. This project aims to advance Web3-based innovations, such as blockchain technology and metaverse applications. The initiative aspires to provide Web3 startups with access to a range of programs, and initiatives, as well as,…
https://cryptoinsight.ae/abu-dhabi-to-back-the-growth-of-web3-startups-with-2b/
Website | Twitter | LinkedIn | Telegram
Binance banking problems highlight a divide between crypto firms and banks
With exchanges losing banking partners, experts are beginnig to warn of a widening relationship between crypto firms and traditional banks.
Binance, the world’s leading crypto exchange by trading volume, will temporarily suspend bank transfers in U.S. dollars. The exchange stated in a tweet on Feb. 6 that no other trading methods would be affected. The…
https://cryptoinsight.ae/binance-banking-problems-highlight-a-divide-between-crypto-firms-and-banks/
Website | Twitter | LinkedIn | Telegram
With exchanges losing banking partners, experts are beginnig to warn of a widening relationship between crypto firms and traditional banks.
Binance, the world’s leading crypto exchange by trading volume, will temporarily suspend bank transfers in U.S. dollars. The exchange stated in a tweet on Feb. 6 that no other trading methods would be affected. The…
https://cryptoinsight.ae/binance-banking-problems-highlight-a-divide-between-crypto-firms-and-banks/
Website | Twitter | LinkedIn | Telegram