How is artificial intelligence revolutionizing financial services?
What is the role of artificial intelligence in the financial services industry?
AI is proving to be a powerful tool for financial institutions looking to improve their operations, manage risks, and optimize their portfolios more effectively.
Artificial intelligence (AI) is playing an increasingly vital role in the financial services industry. Predictive analytics, which can assist…
https://cryptoinsight.ae/how-is-artificial-intelligence-revolutionizing-financial-services/
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What is the role of artificial intelligence in the financial services industry?
AI is proving to be a powerful tool for financial institutions looking to improve their operations, manage risks, and optimize their portfolios more effectively.
Artificial intelligence (AI) is playing an increasingly vital role in the financial services industry. Predictive analytics, which can assist…
https://cryptoinsight.ae/how-is-artificial-intelligence-revolutionizing-financial-services/
Website | Twitter | LinkedIn | Telegram
Gemini to launch derivatives platform outside the United States
The platform’s first derivatives contract will be a BTC perpetual contract denominated in Gemini Dollar, followed by an ETH/GUSD perpetual contract.
United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the United States. The move comes amid a tightening, uncertain regulatory environment for crypto firms in the…
https://cryptoinsight.ae/gemini-to-launch-derivatives-platform-outside-the-united-states/
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The platform’s first derivatives contract will be a BTC perpetual contract denominated in Gemini Dollar, followed by an ETH/GUSD perpetual contract.
United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the United States. The move comes amid a tightening, uncertain regulatory environment for crypto firms in the…
https://cryptoinsight.ae/gemini-to-launch-derivatives-platform-outside-the-united-states/
Website | Twitter | LinkedIn | Telegram
Trust Wallet to reimburse users after $170,000 security incident
A vulnerability impacted wallet addresses created through the browser extension between Nov. 14 and 23, resulting in nearly $170,000 in losses.
Crypto wallet Trust Wallet has disclosed a security vulnerability that resulted in nearly $170,000 in losses for some users. The vulnerability has been patched, according to the company.
Trust Wallet found out about the…
https://cryptoinsight.ae/trust-wallet-to-reimburse-users-after-170000-security-incident/
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A vulnerability impacted wallet addresses created through the browser extension between Nov. 14 and 23, resulting in nearly $170,000 in losses.
Crypto wallet Trust Wallet has disclosed a security vulnerability that resulted in nearly $170,000 in losses for some users. The vulnerability has been patched, according to the company.
Trust Wallet found out about the…
https://cryptoinsight.ae/trust-wallet-to-reimburse-users-after-170000-security-incident/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.21 Trillion, a 0.0% change in the last 24 hours
Bitcoin ~ $27,688.52 (0.2%)
Ethereum ~ $1,859.02 (-0.5%)
Solana ~ $21.58 (-1.8%)
Polkadot ~ $5.97 (0.5%)
Flow ~ $0.943730 (2.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.21 Trillion, a 0.0% change in the last 24 hours
Bitcoin ~ $27,688.52 (0.2%)
Ethereum ~ $1,859.02 (-0.5%)
Solana ~ $21.58 (-1.8%)
Polkadot ~ $5.97 (0.5%)
Flow ~ $0.943730 (2.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bank of Korea given right to investigate local crypto firms: Report
The South Korean central bank will be able to access crypto transaction data from exchanges operating in the country.
The central bank of South Korea has been given the green light to ramp up its scrutiny of cryptocurrency service operators and issuers amid further discussions on virtual asset legislation in the country.
On April 20,…
https://cryptoinsight.ae/bank-of-korea-given-right-to-investigate-local-crypto-firms-report/
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The South Korean central bank will be able to access crypto transaction data from exchanges operating in the country.
The central bank of South Korea has been given the green light to ramp up its scrutiny of cryptocurrency service operators and issuers amid further discussions on virtual asset legislation in the country.
On April 20,…
https://cryptoinsight.ae/bank-of-korea-given-right-to-investigate-local-crypto-firms-report/
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Celsius auction has Gemini and Coinbase as new bidders: Report
Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York.
Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. According to reports and court filings, crypto exchanges Gemini…
https://cryptoinsight.ae/celsius-auction-has-gemini-and-coinbase-as-new-bidders-report/
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Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York.
Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. According to reports and court filings, crypto exchanges Gemini…
https://cryptoinsight.ae/celsius-auction-has-gemini-and-coinbase-as-new-bidders-report/
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Bitcoin Cash (BCH) is now home to an innovative leverage trading app
Bitcoin Cash offers several advantages for DeFi applications thanks to its UTXO model, potentially offering better scalability and security.
Decentralized finance (DeFi) is one of the largest sectors in crypto. The applications within the DeFi space consist of decentralized trading, borrowing and lending, and many more financial services. However, even with its rising popularity, the…
https://cryptoinsight.ae/bitcoin-cash-bch-is-now-home-to-an-innovative-leverage-trading-app/
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Bitcoin Cash offers several advantages for DeFi applications thanks to its UTXO model, potentially offering better scalability and security.
Decentralized finance (DeFi) is one of the largest sectors in crypto. The applications within the DeFi space consist of decentralized trading, borrowing and lending, and many more financial services. However, even with its rising popularity, the…
https://cryptoinsight.ae/bitcoin-cash-bch-is-now-home-to-an-innovative-leverage-trading-app/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.2 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $27,418.96 (-0.9%)
Ethereum ~ $1,830.01 (-1.5%)
Solana ~ $21.07 (-2.3%)
Polkadot ~ $5.88 (-1.5%)
Flow ~ $0.886239 (0.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.2 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $27,418.96 (-0.9%)
Ethereum ~ $1,830.01 (-1.5%)
Solana ~ $21.07 (-2.3%)
Polkadot ~ $5.88 (-1.5%)
Flow ~ $0.886239 (0.5%)
Follow and subscribe - @GulfCryptoInsight
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‘Crypto is dead in America’: Tech billionaire Chamath Palihapitiya
Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors, which may have attracted the SEC’s attention.
Regulators in the United States have choked out the cryptocurrency sector to the point of death, according to Bitcoin bull and billionaire tech investor Chamath Palihapitiya.
“Crypto is dead in America,” he boldly claimed…
https://cryptoinsight.ae/crypto-is-dead-in-america-tech-billionaire-chamath-palihapitiya/
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Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors, which may have attracted the SEC’s attention.
Regulators in the United States have choked out the cryptocurrency sector to the point of death, according to Bitcoin bull and billionaire tech investor Chamath Palihapitiya.
“Crypto is dead in America,” he boldly claimed…
https://cryptoinsight.ae/crypto-is-dead-in-america-tech-billionaire-chamath-palihapitiya/
Website | Twitter | LinkedIn | Telegram
Draft bill suggests separating legislation on payment stablecoins and digital asset markets
The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study.
Republican lawmakers with the United States House Financial Services Committee have released a draft of a bill focused on payment stablecoins rather than overseeing other aspects of digital…
https://cryptoinsight.ae/draft-bill-suggests-separating-legislation-on-payment-stablecoins-and-digital-asset-markets/
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The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study.
Republican lawmakers with the United States House Financial Services Committee have released a draft of a bill focused on payment stablecoins rather than overseeing other aspects of digital…
https://cryptoinsight.ae/draft-bill-suggests-separating-legislation-on-payment-stablecoins-and-digital-asset-markets/
Website | Twitter | LinkedIn | Telegram
ECB considers digital euro access, distribution in third design progress report
The digital euro, if it is created, will be available to Eurozone users first through familiar onboarding procedures.
The European Central Bank (ECB) released its third progress report on digital euro design on April 24. This time the bank looked at access and distribution options that have been endorsed by the ECB’s Governing Council.
Convenience…
https://cryptoinsight.ae/ecb-considers-digital-euro-access-distribution-in-third-design-progress-report/
Website | Twitter | LinkedIn | Telegram
The digital euro, if it is created, will be available to Eurozone users first through familiar onboarding procedures.
The European Central Bank (ECB) released its third progress report on digital euro design on April 24. This time the bank looked at access and distribution options that have been endorsed by the ECB’s Governing Council.
Convenience…
https://cryptoinsight.ae/ecb-considers-digital-euro-access-distribution-in-third-design-progress-report/
Website | Twitter | LinkedIn | Telegram
Starknet Goals and Roadmap for 2023
This post will address Starknet’s roadmap for 2023 and provide color on the considerations driving it. The roadmap focuses on performance and UX.
We aim to provide the community with the transparency it needs, so we are sharing the roadmap as soon as possible. Naturally, sharing the roadmap early on also means things may change.
We would like to express our gratitude to Starknet’s developer community, and the Builders Council in particular, for providing invaluable insight...
https://cryptoinsight.ae/starknet-goals-and-roadmap-for-2023/
Website | Twitter | LinkedIn | Telegram
This post will address Starknet’s roadmap for 2023 and provide color on the considerations driving it. The roadmap focuses on performance and UX.
We aim to provide the community with the transparency it needs, so we are sharing the roadmap as soon as possible. Naturally, sharing the roadmap early on also means things may change.
We would like to express our gratitude to Starknet’s developer community, and the Builders Council in particular, for providing invaluable insight...
https://cryptoinsight.ae/starknet-goals-and-roadmap-for-2023/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.24 Trillion, a 3.0% change in the last 24 hours
Bitcoin ~ $28,437.03 (3.6%)
Ethereum ~ $1,869.07 (2.1%)
Solana ~ $22.04 (4.5%)
Polkadot ~ $6.03 (2.5%)
Flow ~ $0.904980 (2.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.24 Trillion, a 3.0% change in the last 24 hours
Bitcoin ~ $28,437.03 (3.6%)
Ethereum ~ $1,869.07 (2.1%)
Solana ~ $22.04 (4.5%)
Polkadot ~ $6.03 (2.5%)
Flow ~ $0.904980 (2.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin price jumps in the wake of First Republic Bank price crash
The price of Bitcoin has bounced upwards as First Republic Bank deposit slump sparks fresh banking crisis fears in the United States.
The price of Bitcoin (BTC) spiked more than 3% in the last 24 hours as fears were sparked of another possible imminent bank failure as First Republic Bank (FRC) shares closed down more…
https://cryptoinsight.ae/bitcoin-price-jumps-in-the-wake-of-first-republic-bank-price-crash/
Website | Twitter | LinkedIn | Telegram
The price of Bitcoin has bounced upwards as First Republic Bank deposit slump sparks fresh banking crisis fears in the United States.
The price of Bitcoin (BTC) spiked more than 3% in the last 24 hours as fears were sparked of another possible imminent bank failure as First Republic Bank (FRC) shares closed down more…
https://cryptoinsight.ae/bitcoin-price-jumps-in-the-wake-of-first-republic-bank-price-crash/
Website | Twitter | LinkedIn | Telegram
Stablecoin payments: Visa shares plans for ‘ambitious’ crypto product
Visa’s upcoming crypto product is designed to drive mainstream adoption of public blockchain networks and stablecoin payments.
Global payment giant Visa continues to explore the benefits of the cryptocurrency industry with a new initiative focused on stablecoin payments.
Cuy Sheffield, head of crypto at Visa, took to Twitter on April 24 to announce a new…
https://cryptoinsight.ae/stablecoin-payments-visa-shares-plans-for-ambitious-crypto-product/
Website | Twitter | LinkedIn | Telegram
Visa’s upcoming crypto product is designed to drive mainstream adoption of public blockchain networks and stablecoin payments.
Global payment giant Visa continues to explore the benefits of the cryptocurrency industry with a new initiative focused on stablecoin payments.
Cuy Sheffield, head of crypto at Visa, took to Twitter on April 24 to announce a new…
https://cryptoinsight.ae/stablecoin-payments-visa-shares-plans-for-ambitious-crypto-product/
Website | Twitter | LinkedIn | Telegram
CFTC proposes reducing anonymity to manage risks
Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero has urged crypto companies to verify the digital identity of users, saying that Congress is considering new laws addressing anonymity and digital identity.
A commissioner of the United States Commodity Futures Trading Commission (CFTC), Christy Goldsmith Romero, has proposed reducing the anonymity of cryptocurrencies as a means…
https://cryptoinsight.ae/cftc-proposes-reducing-anonymity-to-manage-risks/
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Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero has urged crypto companies to verify the digital identity of users, saying that Congress is considering new laws addressing anonymity and digital identity.
A commissioner of the United States Commodity Futures Trading Commission (CFTC), Christy Goldsmith Romero, has proposed reducing the anonymity of cryptocurrencies as a means…
https://cryptoinsight.ae/cftc-proposes-reducing-anonymity-to-manage-risks/
Website | Twitter | LinkedIn | Telegram
UK financial watchdog to crypto industry: ‘Let’s work together’
The Financial Conduct Authority wants input from crypto companies on moving forward with regulations.
The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), wants to work together with crypto companies to develop a regulatory framework for the industry.
On April 25, FCA Executive Director Sarah Pritchard spoke at London’s City Week conference highlighting the…
https://cryptoinsight.ae/uk-financial-watchdog-to-crypto-industry-lets-work-together/
Website | Twitter | LinkedIn | Telegram
The Financial Conduct Authority wants input from crypto companies on moving forward with regulations.
The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), wants to work together with crypto companies to develop a regulatory framework for the industry.
On April 25, FCA Executive Director Sarah Pritchard spoke at London’s City Week conference highlighting the…
https://cryptoinsight.ae/uk-financial-watchdog-to-crypto-industry-lets-work-together/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.25 Trillion, a 1.5% change in the last 24 hours
Bitcoin ~ $29,081.29 (2.1%)
Ethereum ~ $1,901.05 (1.7%)
Solana ~ $21.76 (-1.3%)
Polkadot ~ $5.93 (-1.7%)
Flow ~ $0.891264 (-1.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.25 Trillion, a 1.5% change in the last 24 hours
Bitcoin ~ $29,081.29 (2.1%)
Ethereum ~ $1,901.05 (1.7%)
Solana ~ $21.76 (-1.3%)
Polkadot ~ $5.93 (-1.7%)
Flow ~ $0.891264 (-1.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Hong Kong security regulator to issue crypto license guidelines in May
The crypto business guidelines were reportedly revealed by the chief executive of Hong Kong’s Securities Futures Commission, Julia Leung.
The Hong Kong Securities Futures Commission (SFC) is reportedly set to release cryptocurrency exchange licensing guidelines next month.
The plans were reported by Bloomberg on April 27, which cited comments from the SFC’s chief executive Julia…
https://cryptoinsight.ae/hong-kong-security-regulator-to-issue-crypto-license-guidelines-in-may/
Website | Twitter | LinkedIn | Telegram
The crypto business guidelines were reportedly revealed by the chief executive of Hong Kong’s Securities Futures Commission, Julia Leung.
The Hong Kong Securities Futures Commission (SFC) is reportedly set to release cryptocurrency exchange licensing guidelines next month.
The plans were reported by Bloomberg on April 27, which cited comments from the SFC’s chief executive Julia…
https://cryptoinsight.ae/hong-kong-security-regulator-to-issue-crypto-license-guidelines-in-may/
Website | Twitter | LinkedIn | Telegram
One crypto wallet launched 114 dodgy memecoins in two months
According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone.
Crypto scammers have been ramping up the launch of spurious memecoins over the past two months, according to crypto sleuths.
According to research from blockchain sleuths ZachXBT, one address, in particular, has launched “114 memecoin scams” in…
https://cryptoinsight.ae/one-crypto-wallet-launched-114-dodgy-memecoins-in-two-months/
Website | Twitter | LinkedIn | Telegram
According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone.
Crypto scammers have been ramping up the launch of spurious memecoins over the past two months, according to crypto sleuths.
According to research from blockchain sleuths ZachXBT, one address, in particular, has launched “114 memecoin scams” in…
https://cryptoinsight.ae/one-crypto-wallet-launched-114-dodgy-memecoins-in-two-months/
Website | Twitter | LinkedIn | Telegram