Ethereum’s future hinges on interoperable layer-2s
It’s almost universally agreed within the cryptosphere that the Ethereum blockchain is good – but not perfect. The vast majority of Ethereum Virtual Machine (EVM) developers agree that if the layer-1’s (L1) execution layer were fast and scalable, there would be less of a need for layer-2 (L2) solutions. Yet, we know that Ethereum’s future…
https://cryptoinsight.ae/ethereums-future-hinges-on-interoperable-layer-2s/
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It’s almost universally agreed within the cryptosphere that the Ethereum blockchain is good – but not perfect. The vast majority of Ethereum Virtual Machine (EVM) developers agree that if the layer-1’s (L1) execution layer were fast and scalable, there would be less of a need for layer-2 (L2) solutions. Yet, we know that Ethereum’s future…
https://cryptoinsight.ae/ethereums-future-hinges-on-interoperable-layer-2s/
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Worldcoin invites devs to build ahead of mainnet launch in 2024
Worldcoin, the cryptocurrency and digital identity project co-founded by OpenAI CEO Sam Altman, is inching closer to a mainnet launch with the rollout of a blockchain preview for developers.
On July 9, the Worldcoin Foundation announced the launch of the World Chain developer preview, a tool providing global developers with an opportunity to start building…
https://cryptoinsight.ae/worldcoin-invites-devs-to-build-ahead-of-mainnet-launch-in-2024/
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Worldcoin, the cryptocurrency and digital identity project co-founded by OpenAI CEO Sam Altman, is inching closer to a mainnet launch with the rollout of a blockchain preview for developers.
On July 9, the Worldcoin Foundation announced the launch of the World Chain developer preview, a tool providing global developers with an opportunity to start building…
https://cryptoinsight.ae/worldcoin-invites-devs-to-build-ahead-of-mainnet-launch-in-2024/
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Crypto needs to remove friction for the next billion users: Coinbase
Bringing the first billion mainstream cryptocurrency adopters on the blockchain will first require more beginner-friendly applications.
The current user onboarding process is complicated and riddled with friction points, which is the main issue for mass crypto adoption, according to Chintan Turakhia, senior director of engineering at Coinbase.
Speaking exclusively to Cointelegraph at EthCC, Turakhia said:…
https://cryptoinsight.ae/crypto-needs-to-remove-friction-for-the-next-billion-users-coinbase/
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Bringing the first billion mainstream cryptocurrency adopters on the blockchain will first require more beginner-friendly applications.
The current user onboarding process is complicated and riddled with friction points, which is the main issue for mass crypto adoption, according to Chintan Turakhia, senior director of engineering at Coinbase.
Speaking exclusively to Cointelegraph at EthCC, Turakhia said:…
https://cryptoinsight.ae/crypto-needs-to-remove-friction-for-the-next-billion-users-coinbase/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.25 Trillion, a -1.3% change in the last 24 hours
Bitcoin ~ $57,919.68 (-1.9%)
Ethereum ~ $3,095.14 (-0.3%)
Solana ~ $140.90 (-2.0%)
Polkadot ~ $6.09 (-1.9%)
Flow ~ $0.5535 (-0.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.25 Trillion, a -1.3% change in the last 24 hours
Bitcoin ~ $57,919.68 (-1.9%)
Ethereum ~ $3,095.14 (-0.3%)
Solana ~ $140.90 (-2.0%)
Polkadot ~ $6.09 (-1.9%)
Flow ~ $0.5535 (-0.3%)
Follow and subscribe - @GulfCryptoInsight
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Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying
Bitcoin is at a “pivotal point” as several onchain metrics signal further downside, while whales experience the fastest Bitcoin accumulation rate in more than a year, according to a new CryptoQuant report.
Bitcoin has been in a downtrend since turning away from its new all-time high in March. Over the last month, Bitcoin’s price action…
https://cryptoinsight.ae/bitcoin-price-faces-major-summer-of-2021-style-correction-despite-btc-whale-buying/
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Bitcoin is at a “pivotal point” as several onchain metrics signal further downside, while whales experience the fastest Bitcoin accumulation rate in more than a year, according to a new CryptoQuant report.
Bitcoin has been in a downtrend since turning away from its new all-time high in March. Over the last month, Bitcoin’s price action…
https://cryptoinsight.ae/bitcoin-price-faces-major-summer-of-2021-style-correction-despite-btc-whale-buying/
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TON ecosystem scams on the rise: How to stay safe
The Open Network (TON), a blockchain platform integrated with Telegram, has experienced record-breaking growth in 2024. The number of onchain-activated wallets surged from approximately 1 million in January to over 9 million in June.
However, TON’s massive inflow of new users has not been overlooked by scammers. In June 2024, blockchain security firm SlowMist issued…
https://cryptoinsight.ae/ton-ecosystem-scams-on-the-rise-how-to-stay-safe/
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The Open Network (TON), a blockchain platform integrated with Telegram, has experienced record-breaking growth in 2024. The number of onchain-activated wallets surged from approximately 1 million in January to over 9 million in June.
However, TON’s massive inflow of new users has not been overlooked by scammers. In June 2024, blockchain security firm SlowMist issued…
https://cryptoinsight.ae/ton-ecosystem-scams-on-the-rise-how-to-stay-safe/
Website | Twitter | LinkedIn | Telegram
Starknet staking will hit mainnet in Q4 — EthCC
Eli Ben-Sasson, the CEO of StarkWare, announced at EthCC on July 10 that the company plans to introduce staking by the end of 2024 through a Starknet improvement proposal (SNIP).
If the community approves the SNIP, Starknet staking is expected to go live on testnet soon, followed by the mainnet launch in the fourth quarter.…
https://cryptoinsight.ae/starknet-staking-will-hit-mainnet-in-q4-ethcc/
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Eli Ben-Sasson, the CEO of StarkWare, announced at EthCC on July 10 that the company plans to introduce staking by the end of 2024 through a Starknet improvement proposal (SNIP).
If the community approves the SNIP, Starknet staking is expected to go live on testnet soon, followed by the mainnet launch in the fourth quarter.…
https://cryptoinsight.ae/starknet-staking-will-hit-mainnet-in-q4-ethcc/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.22 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $57,305.07 (-1.1%)
Ethereum ~ $3,095.21 (0.0%)
Solana ~ $136.33 (-3.5%)
Polkadot ~ $5.90 (-3.1%)
Flow ~ $0.5459 (-1.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.22 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $57,305.07 (-1.1%)
Ethereum ~ $3,095.21 (0.0%)
Solana ~ $136.33 (-3.5%)
Polkadot ~ $5.90 (-3.1%)
Flow ~ $0.5459 (-1.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Ethereum ETF inflows could hit $10B, sending ETH to new highs — Analyst
Ether exchange-traded funds (ETFs) will attract up to $10 billion in new inflows in the months after launch and send Ether prices soaring to all-time highs by the end of the year, Tom Dunleavy, a managing partner at crypto investment firm MV Global, told Cointelegraph.
“We saw $15 billion in flows for Bitcoin. I think…
https://cryptoinsight.ae/ethereum-etf-inflows-could-hit-10b-sending-eth-to-new-highs-analyst/
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Ether exchange-traded funds (ETFs) will attract up to $10 billion in new inflows in the months after launch and send Ether prices soaring to all-time highs by the end of the year, Tom Dunleavy, a managing partner at crypto investment firm MV Global, told Cointelegraph.
“We saw $15 billion in flows for Bitcoin. I think…
https://cryptoinsight.ae/ethereum-etf-inflows-could-hit-10b-sending-eth-to-new-highs-analyst/
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Compound Finance site potentially breached — ZachXBT
Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked.
On July 11, the security investigator published a post on Telegram telling the community to stay away from the website for the time being. According to ZachXBT, the website redirects to a newly registered phishing site and…
https://cryptoinsight.ae/compound-finance-site-potentially-breached-zachxbt/
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Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked.
On July 11, the security investigator published a post on Telegram telling the community to stay away from the website for the time being. According to ZachXBT, the website redirects to a newly registered phishing site and…
https://cryptoinsight.ae/compound-finance-site-potentially-breached-zachxbt/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.26 Trillion, a 2.0% change in the last 24 hours
Bitcoin ~ $58,102.31 (1.5%)
Ethereum ~ $3,135.74 (1.3%)
Solana ~ $139.04 (2.0%)
Polkadot ~ $6.22 (5.5%)
Flow ~ $0.5587 (2.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.26 Trillion, a 2.0% change in the last 24 hours
Bitcoin ~ $58,102.31 (1.5%)
Ethereum ~ $3,135.74 (1.3%)
Solana ~ $139.04 (2.0%)
Polkadot ~ $6.22 (5.5%)
Flow ~ $0.5587 (2.4%)
Follow and subscribe - @GulfCryptoInsight
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Spot Bitcoin ETFs see highest flow day in over 5 weeks
United States-based spot Bitcoin exchange-traded funds recorded over $310 million in inflows on July 12 — marking its best-performing day since June 5.
BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) saw most of the flows at $120 million and $115.1 million, respectively, Farside Investors data shows.
The Bitwise Bitcoin…
https://cryptoinsight.ae/spot-bitcoin-etfs-see-highest-flow-day-in-over-5-weeks/
Website | Twitter | LinkedIn | Telegram
United States-based spot Bitcoin exchange-traded funds recorded over $310 million in inflows on July 12 — marking its best-performing day since June 5.
BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) saw most of the flows at $120 million and $115.1 million, respectively, Farside Investors data shows.
The Bitwise Bitcoin…
https://cryptoinsight.ae/spot-bitcoin-etfs-see-highest-flow-day-in-over-5-weeks/
Website | Twitter | LinkedIn | Telegram
German government offloads its final Bitcoin holdings
Germany’s government offloaded the last of its Bitcoin holdings on July 12, according to data from Arkham Intelligence.
The final transaction included 3,846 Bitcoin sent to “Flow Traders and 139Po,” which Arkham described as “likely institutional deposit/OTC service.” The transaction followed weeks of increased selling pressure from the German government, which offloaded tens of thousands…
https://cryptoinsight.ae/german-government-offloads-its-final-bitcoin-holdings/
Website | Twitter | LinkedIn | Telegram
Germany’s government offloaded the last of its Bitcoin holdings on July 12, according to data from Arkham Intelligence.
The final transaction included 3,846 Bitcoin sent to “Flow Traders and 139Po,” which Arkham described as “likely institutional deposit/OTC service.” The transaction followed weeks of increased selling pressure from the German government, which offloaded tens of thousands…
https://cryptoinsight.ae/german-government-offloads-its-final-bitcoin-holdings/
Website | Twitter | LinkedIn | Telegram
Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.
This past week, significant new developments were announced by industry-leading Web3 firms, including MetaMask, Polygon and StarkNet. Each revealed promising new infrastructure developments that could bolster mainstream…
https://cryptoinsight.ae/crypto-hacks-top-1-4b-metamask-streamlines-web3-onboarding-finance-redefined/
Website | Twitter | LinkedIn | Telegram
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.
This past week, significant new developments were announced by industry-leading Web3 firms, including MetaMask, Polygon and StarkNet. Each revealed promising new infrastructure developments that could bolster mainstream…
https://cryptoinsight.ae/crypto-hacks-top-1-4b-metamask-streamlines-web3-onboarding-finance-redefined/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.32 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $60,144.37 (3.4%)
Ethereum ~ $3,200.01 (1.9%)
Solana ~ $145.15 (4.3%)
Polkadot ~ $6.20 (-0.7%)
Flow ~ $0.5749 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.32 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $60,144.37 (3.4%)
Ethereum ~ $3,200.01 (1.9%)
Solana ~ $145.15 (4.3%)
Polkadot ~ $6.20 (-0.7%)
Flow ~ $0.5749 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.32 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $60,144.37 (3.4%)
Ethereum ~ $3,200.01 (1.9%)
Solana ~ $145.15 (4.3%)
Polkadot ~ $6.20 (-0.7%)
Flow ~ $0.5749 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.32 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $60,144.37 (3.4%)
Ethereum ~ $3,200.01 (1.9%)
Solana ~ $145.15 (4.3%)
Polkadot ~ $6.20 (-0.7%)
Flow ~ $0.5749 (2.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Donald Trump memecoin spikes 52% following assassination attempt
The price of the largest Donald Trump memecoin, MAGA (TRUMP), surged more than 30% following an assassination attempt on the former United States president while he was speaking on stage at a rally in Butler, Pennsylvania.
The Ethereum-based MAGA memecoin spiked rapidly from a price of $6.31 to $10.36 immediately after the assassination attempt, seeing…
https://cryptoinsight.ae/donald-trump-memecoin-spikes-52-following-assassination-attempt/
Website | Twitter | LinkedIn | Telegram
The price of the largest Donald Trump memecoin, MAGA (TRUMP), surged more than 30% following an assassination attempt on the former United States president while he was speaking on stage at a rally in Butler, Pennsylvania.
The Ethereum-based MAGA memecoin spiked rapidly from a price of $6.31 to $10.36 immediately after the assassination attempt, seeing…
https://cryptoinsight.ae/donald-trump-memecoin-spikes-52-following-assassination-attempt/
Website | Twitter | LinkedIn | Telegram
Bitcoin reclaims $62K, analysts say worst is ‘likely behind us’
The price of Bitcoin has reclaimed ground above the $62,000 mark, and analysts say the worst of the selling could be over with German BTC sales over and Mt. Gox payments all but priced in.
Bitcoin has rallied 5.2% in the last 24 hours, bouncing off two-month lows of $53,500 on July 4, and is…
https://cryptoinsight.ae/bitcoin-reclaims-62k-analysts-say-worst-is-likely-behind-us/
Website | Twitter | LinkedIn | Telegram
The price of Bitcoin has reclaimed ground above the $62,000 mark, and analysts say the worst of the selling could be over with German BTC sales over and Mt. Gox payments all but priced in.
Bitcoin has rallied 5.2% in the last 24 hours, bouncing off two-month lows of $53,500 on July 4, and is…
https://cryptoinsight.ae/bitcoin-reclaims-62k-analysts-say-worst-is-likely-behind-us/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.47 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $64,109.93 (2.1%)
Ethereum ~ $3,446.37 (3.2%)
Solana ~ $157.52 (3.7%)
Polkadot ~ $6.41 (-1.2%)
Flow ~ $0.6127 (3.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.47 Trillion, a 2.7% change in the last 24 hours
Bitcoin ~ $64,109.93 (2.1%)
Ethereum ~ $3,446.37 (3.2%)
Solana ~ $157.52 (3.7%)
Polkadot ~ $6.41 (-1.2%)
Flow ~ $0.6127 (3.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
BlackRock’s Larry Fink says he was wrong, calls Bitcoin digital gold
During a recent CNBC interview, the CEO of BlackRock, Larry Fink, said he was “wrong” about Bitcoin before calling the decentralized asset “digital gold” and a “legitimate” financial instrument.
The head of the $10.6-trillion asset management firm told CNBC’s Jim Cramer, “I was a skeptic, a proud skeptic,” before studying the nascent asset and changing…
https://cryptoinsight.ae/blackrocks-larry-fink-says-he-was-wrong-calls-bitcoin-digital-gold/
Website | Twitter | LinkedIn | Telegram
During a recent CNBC interview, the CEO of BlackRock, Larry Fink, said he was “wrong” about Bitcoin before calling the decentralized asset “digital gold” and a “legitimate” financial instrument.
The head of the $10.6-trillion asset management firm told CNBC’s Jim Cramer, “I was a skeptic, a proud skeptic,” before studying the nascent asset and changing…
https://cryptoinsight.ae/blackrocks-larry-fink-says-he-was-wrong-calls-bitcoin-digital-gold/
Website | Twitter | LinkedIn | Telegram