Blockchain identity platform Fractal ID suffers data breach
Blockchain identity platform Fractal ID suffered a data breach on July 14, according to a notice published on Fractal’s website on July 17. Partners of the platform include the payment system Gnosis Pay, decentralized finance app Acala, the proof of personhood project Polygon ID, the social media platform Lukso, and other Web3 applications.
In its…
https://cryptoinsight.ae/blockchain-identity-platform-fractal-id-suffers-data-breach/
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Blockchain identity platform Fractal ID suffered a data breach on July 14, according to a notice published on Fractal’s website on July 17. Partners of the platform include the payment system Gnosis Pay, decentralized finance app Acala, the proof of personhood project Polygon ID, the social media platform Lukso, and other Web3 applications.
In its…
https://cryptoinsight.ae/blockchain-identity-platform-fractal-id-suffers-data-breach/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.48 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $64,396.32 (-0.7%)
Ethereum ~ $3,446.39 (0.5%)
Solana ~ $164.78 (3.6%)
Polkadot ~ $6.17 (-3.0%)
Flow ~ $0.6111 (-1.8%)
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Day started from:
The global cryptocurrency market cap today is $2.48 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $64,396.32 (-0.7%)
Ethereum ~ $3,446.39 (0.5%)
Solana ~ $164.78 (3.6%)
Polkadot ~ $6.17 (-3.0%)
Flow ~ $0.6111 (-1.8%)
Follow and subscribe - @GulfCryptoInsight
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Tornado Cash sees $1.9B resurgence this year despite sanctions
Banned crypto mixer Tornado Cash has witnessed a surprising uptick in deposit volume in the first half of 2024 despite ongoing sanctions and continued legal strife for its founding team.
According to data from Flipside Crypto, Tornado Cash has received some $1.9 billion in deposits in the first six months of this year, a 50%…
https://cryptoinsight.ae/tornado-cash-sees-1-9b-resurgence-this-year-despite-sanctions/
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Banned crypto mixer Tornado Cash has witnessed a surprising uptick in deposit volume in the first half of 2024 despite ongoing sanctions and continued legal strife for its founding team.
According to data from Flipside Crypto, Tornado Cash has received some $1.9 billion in deposits in the first six months of this year, a 50%…
https://cryptoinsight.ae/tornado-cash-sees-1-9b-resurgence-this-year-despite-sanctions/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.55 Trillion, a 3.4% change in the last 24 hours
Bitcoin ~ $66,588.89 (3.4%)
Ethereum ~ $3,503.90 (1.7%)
Solana ~ $170.09 (3.1%)
Polkadot ~ $6.33 (2.8%)
Flow ~ $0.641 (4.9%)
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Day started from:
The global cryptocurrency market cap today is $2.55 Trillion, a 3.4% change in the last 24 hours
Bitcoin ~ $66,588.89 (3.4%)
Ethereum ~ $3,503.90 (1.7%)
Solana ~ $170.09 (3.1%)
Polkadot ~ $6.33 (2.8%)
Flow ~ $0.641 (4.9%)
Follow and subscribe - @GulfCryptoInsight
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TON Network TVL surpasses $760M — Is this bullish for TON price?
Toncoin (TON) is the native coin of The Open Network, a layer-1 blockchain initially developed by the Telegram messaging app. The TON ecosystem is largely driven by Telegram’s 900 million active users.
Despite being relatively new to the decentralized applications (DApps) ecosystem, the TON Network has surpassed Optimism to become the tenth largest blockchain in…
https://cryptoinsight.ae/ton-network-tvl-surpasses-760m-is-this-bullish-for-ton-price/
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Toncoin (TON) is the native coin of The Open Network, a layer-1 blockchain initially developed by the Telegram messaging app. The TON ecosystem is largely driven by Telegram’s 900 million active users.
Despite being relatively new to the decentralized applications (DApps) ecosystem, the TON Network has surpassed Optimism to become the tenth largest blockchain in…
https://cryptoinsight.ae/ton-network-tvl-surpasses-760m-is-this-bullish-for-ton-price/
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Airdrop token prices are crashing — Does Web3 need a new model?
For the past year, airdrops — tokens launched through a free distribution to users — have dominated the narrative in cryptocurrency markets.
Now, beset by underperforming tokens and mercenary user bases, airdrops are falling out of favor. Web3 protocols are beginning to ask if it’s time for a new model.
Since 2023, airdrops have been…
https://cryptoinsight.ae/airdrop-token-prices-are-crashing-does-web3-need-a-new-model/
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For the past year, airdrops — tokens launched through a free distribution to users — have dominated the narrative in cryptocurrency markets.
Now, beset by underperforming tokens and mercenary user bases, airdrops are falling out of favor. Web3 protocols are beginning to ask if it’s time for a new model.
Since 2023, airdrops have been…
https://cryptoinsight.ae/airdrop-token-prices-are-crashing-does-web3-need-a-new-model/
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CBOE gives official launch date for spot Ethereum ETF
Five spot Ethereum exchange-traded funds (ETF) will begin trading on the Chicago Board Options Exchange on July 23, “pending regulatory effectiveness,” CBOE announced on July 19.
On May 23, the United States Securities and Exchange Commission (SEC) approved rule changes permitting the listing of several spot Ether ETFs. However, before the new products could begin…
https://cryptoinsight.ae/cboe-gives-official-launch-date-for-spot-ethereum-etf/
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Five spot Ethereum exchange-traded funds (ETF) will begin trading on the Chicago Board Options Exchange on July 23, “pending regulatory effectiveness,” CBOE announced on July 19.
On May 23, the United States Securities and Exchange Commission (SEC) approved rule changes permitting the listing of several spot Ether ETFs. However, before the new products could begin…
https://cryptoinsight.ae/cboe-gives-official-launch-date-for-spot-ethereum-etf/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.56 Trillion, a 0.4% change in the last 24 hours
Bitcoin ~ $66,754.04 (0.3%)
Ethereum ~ $3,489.74 (-0.4%)
Solana ~ $172.27 (1.4%)
Polkadot ~ $6.29 (-0.8%)
Flow ~ $0.6458 (0.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.56 Trillion, a 0.4% change in the last 24 hours
Bitcoin ~ $66,754.04 (0.3%)
Ethereum ~ $3,489.74 (-0.4%)
Solana ~ $172.27 (1.4%)
Polkadot ~ $6.29 (-0.8%)
Flow ~ $0.6458 (0.7%)
Follow and subscribe - @GulfCryptoInsight
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New zero energy storage tech could lead to immortal blockchains
Recent advances in the field of long-term storage could form the basis for the development of immutable digital ledgers capable of storing data for millions of years without power. In other words: immortal blockchains.
At its core, blockchain technology operates on the simple premise that data is demonstrably safer in a decentralized ledger than it…
https://cryptoinsight.ae/new-zero-energy-storage-tech-could-lead-to-immortal-blockchains/
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Recent advances in the field of long-term storage could form the basis for the development of immutable digital ledgers capable of storing data for millions of years without power. In other words: immortal blockchains.
At its core, blockchain technology operates on the simple premise that data is demonstrably safer in a decentralized ledger than it…
https://cryptoinsight.ae/new-zero-energy-storage-tech-could-lead-to-immortal-blockchains/
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South Korea’s strict laws on crypto exchanges come into force
The much-talked-about new regulations from South Korea’s financial security regulator, designed to protect users buying and storing crypto assets with virtual asset service providers (VASPs), came into force on July 19.
Titled the “Virtual Asset User Protection Act,” VASPs must take several steps to ensure the protection of user’s crypto, according to a July 17…
https://cryptoinsight.ae/south-koreas-strict-laws-on-crypto-exchanges-come-into-force/
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The much-talked-about new regulations from South Korea’s financial security regulator, designed to protect users buying and storing crypto assets with virtual asset service providers (VASPs), came into force on July 19.
Titled the “Virtual Asset User Protection Act,” VASPs must take several steps to ensure the protection of user’s crypto, according to a July 17…
https://cryptoinsight.ae/south-koreas-strict-laws-on-crypto-exchanges-come-into-force/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.58 Trillion, a 0.6% change in the last 24 hours
Bitcoin ~ $67,600.60 (0.8%)
Ethereum ~ $3,489.75 (-0.3%)
Solana ~ $178.80 (3.2%)
Polkadot ~ $6.28 (-0.6%)
Flow ~ $0.6365 (-1.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.58 Trillion, a 0.6% change in the last 24 hours
Bitcoin ~ $67,600.60 (0.8%)
Ethereum ~ $3,489.75 (-0.3%)
Solana ~ $178.80 (3.2%)
Polkadot ~ $6.28 (-0.6%)
Flow ~ $0.6365 (-1.8%)
Follow and subscribe - @GulfCryptoInsight
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Australian stablecoin startup Stables expands to Europe
Australian stablecoin payments startup Stables has announced its expansion to Europe in partnership with Mastercard, which co-founder Bernado Billota says indicates a wider trend of the dollar-pegged assets breaking into the mainstream.
Speaking to Cointelegraph, Bilotta said the expansion marked an important step for his firm, noting an increase in the size of the total…
https://cryptoinsight.ae/australian-stablecoin-startup-stables-expands-to-europe/
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Australian stablecoin payments startup Stables has announced its expansion to Europe in partnership with Mastercard, which co-founder Bernado Billota says indicates a wider trend of the dollar-pegged assets breaking into the mainstream.
Speaking to Cointelegraph, Bilotta said the expansion marked an important step for his firm, noting an increase in the size of the total…
https://cryptoinsight.ae/australian-stablecoin-startup-stables-expands-to-europe/
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What we know about Kamala Harris’ views on crypto
The vice president of the United States, Kamala Harris, is a bit of an anomaly among Capitol Hill politicians: she’s never had strong words to say for or against digital currencies, tokenization, blockchain, or NFTs.
None of that has mattered for the past four years, as US President Joseph Biden has had plenty to say…
https://cryptoinsight.ae/what-we-know-about-kamala-harris-views-on-crypto/
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The vice president of the United States, Kamala Harris, is a bit of an anomaly among Capitol Hill politicians: she’s never had strong words to say for or against digital currencies, tokenization, blockchain, or NFTs.
None of that has mattered for the past four years, as US President Joseph Biden has had plenty to say…
https://cryptoinsight.ae/what-we-know-about-kamala-harris-views-on-crypto/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.54 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $66,723.84 (-1.4%)
Ethereum ~ $3,456.27 (-1.1%)
Solana ~ $175.58 (-2.4%)
Polkadot ~ $6.03 (-4.2%)
Flow ~ $0.6109 (-4.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.54 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $66,723.84 (-1.4%)
Ethereum ~ $3,456.27 (-1.1%)
Solana ~ $175.58 (-2.4%)
Polkadot ~ $6.03 (-4.2%)
Flow ~ $0.6109 (-4.0%)
Follow and subscribe - @GulfCryptoInsight
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Ex-Coinbase staff founded NPC Labs raises $21M to build gaming on Base
NPC Labs, a GameFi infrastructure startup founded by three former Coinbase employees, has raised $21 million to accelerate gaming development on Coinbase’s Ethereum layer-2 network Base.
The funding included $18 million from cryptocurrency-focused venture capital firm Pantera Capital. Makers Fund, Hashed, Mirana Ventures, and several other investors chipped in, too, according to a July 22…
https://cryptoinsight.ae/ex-coinbase-staff-founded-npc-labs-raises-21m-to-build-gaming-on-base/
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NPC Labs, a GameFi infrastructure startup founded by three former Coinbase employees, has raised $21 million to accelerate gaming development on Coinbase’s Ethereum layer-2 network Base.
The funding included $18 million from cryptocurrency-focused venture capital firm Pantera Capital. Makers Fund, Hashed, Mirana Ventures, and several other investors chipped in, too, according to a July 22…
https://cryptoinsight.ae/ex-coinbase-staff-founded-npc-labs-raises-21m-to-build-gaming-on-base/
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The SEC’s war against Ethereum and Consensys isn’t over
There is a broad misunderstanding in the crypto community about the status of the Securities and Exchange Commission’s (SEC) campaign to undermine blockchain innovation in the United States. When Consensys announced in June that the SEC had decided to conclude its “Ethereum 2.0” investigation, it was taken as another signal that a hostile administration was…
https://cryptoinsight.ae/the-secs-war-against-ethereum-and-consensys-isnt-over/
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There is a broad misunderstanding in the crypto community about the status of the Securities and Exchange Commission’s (SEC) campaign to undermine blockchain innovation in the United States. When Consensys announced in June that the SEC had decided to conclude its “Ethereum 2.0” investigation, it was taken as another signal that a hostile administration was…
https://cryptoinsight.ae/the-secs-war-against-ethereum-and-consensys-isnt-over/
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Crypto community marks 10-year Ethereum ICO anniversary with global events
The global blockchain industry is celebrating the 10-year anniversary of the Ethereum network’s initial coin offering (ICO).
Ethereum started gaining traction in 2014 when co-founder Vitalik Buterin mentioned the project at a Bitcoin conference in Miami.
On July 22, Ethereum launched its ICO, selling over $18 million worth of Ether paid for in Bitcoin.
Ethereum…
https://cryptoinsight.ae/crypto-community-marks-10-year-ethereum-ico-anniversary-with-global-events/
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The global blockchain industry is celebrating the 10-year anniversary of the Ethereum network’s initial coin offering (ICO).
Ethereum started gaining traction in 2014 when co-founder Vitalik Buterin mentioned the project at a Bitcoin conference in Miami.
On July 22, Ethereum launched its ICO, selling over $18 million worth of Ether paid for in Bitcoin.
Ethereum…
https://cryptoinsight.ae/crypto-community-marks-10-year-ethereum-ico-anniversary-with-global-events/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.52 Trillion, a -0.6% change in the last 24 hours
Bitcoin ~ $65,881.39 (-1.3%)
Ethereum ~ $3,446.85 (-0.3%)
Solana ~ $173.56 (-1.2%)
Polkadot ~ $5.93 (-1.6%)
Flow ~ $0.604 (-1.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.52 Trillion, a -0.6% change in the last 24 hours
Bitcoin ~ $65,881.39 (-1.3%)
Ethereum ~ $3,446.85 (-0.3%)
Solana ~ $173.56 (-1.2%)
Polkadot ~ $5.93 (-1.6%)
Flow ~ $0.604 (-1.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Ether ETFs start trading, preliminary inflow data revealed
Ether exchange-traded funds (ETFs) are now officially trading on stock exchanges, and the preliminary inflow data for the first 15 minutes of trading has been revealed by analysts.
According to Bloomberg senior ETF analyst Eric Balchunas, Bitwise outperformed its competitors during the first quarter-hour of trading, recording $25.5 million in capital inflows, second only to…
https://cryptoinsight.ae/ether-etfs-start-trading-preliminary-inflow-data-revealed/
Website | Twitter | LinkedIn | Telegram
Ether exchange-traded funds (ETFs) are now officially trading on stock exchanges, and the preliminary inflow data for the first 15 minutes of trading has been revealed by analysts.
According to Bloomberg senior ETF analyst Eric Balchunas, Bitwise outperformed its competitors during the first quarter-hour of trading, recording $25.5 million in capital inflows, second only to…
https://cryptoinsight.ae/ether-etfs-start-trading-preliminary-inflow-data-revealed/
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Vitalik Buterin introduces Circle STARKs for blockchain efficiency
Ethereum co-founder Vitalik Buterin has introduced a new cryptographic protocol called Circle STARKs that promises to improve blockchain security and efficiency.
In his latest post, Buterin explains that this technological leap utilizes smaller fields like Mersenne31 to significantly improve proving speed without compromising security measures.
“The most important trend in STARK protocol design over the…
https://cryptoinsight.ae/vitalik-buterin-introduces-circle-starks-for-blockchain-efficiency/
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Ethereum co-founder Vitalik Buterin has introduced a new cryptographic protocol called Circle STARKs that promises to improve blockchain security and efficiency.
In his latest post, Buterin explains that this technological leap utilizes smaller fields like Mersenne31 to significantly improve proving speed without compromising security measures.
“The most important trend in STARK protocol design over the…
https://cryptoinsight.ae/vitalik-buterin-introduces-circle-starks-for-blockchain-efficiency/
Website | Twitter | LinkedIn | Telegram