Hello there!
Day started from:
The global cryptocurrency market cap today is $2.31 Trillion, a 2.2% change in the last 24 hours
Bitcoin ~ $63,744.20 (2.7%)
Ethereum ~ $2,542.25 (5.3%)
Solana ~ $148.19 (7.2%)
Polkadot ~ $4.35 (3.0%)
Flow ~ $0.5853 (5.9%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.31 Trillion, a 2.2% change in the last 24 hours
Bitcoin ~ $63,744.20 (2.7%)
Ethereum ~ $2,542.25 (5.3%)
Solana ~ $148.19 (7.2%)
Polkadot ~ $4.35 (3.0%)
Flow ~ $0.5853 (5.9%)
Follow and subscribe - @GulfCryptoInsight
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DZ Bank partners with Boerse Stuttgart for crypto trading
Germany’s second-largest financial institution, DZ Bank, has partnered with Boerse Stuttgart Digital to provide customers with cryptocurrency trading and custody services to its cooperative bank network.
The collaboration will enable approximately 700 cooperative banks under DZ Bank’s umbrella to provide retail customers with an option to access digital assets like Bitcoin and Ether.
The regulated…
https://cryptoinsight.ae/dz-bank-partners-with-boerse-stuttgart-for-crypto-trading/
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Germany’s second-largest financial institution, DZ Bank, has partnered with Boerse Stuttgart Digital to provide customers with cryptocurrency trading and custody services to its cooperative bank network.
The collaboration will enable approximately 700 cooperative banks under DZ Bank’s umbrella to provide retail customers with an option to access digital assets like Bitcoin and Ether.
The regulated…
https://cryptoinsight.ae/dz-bank-partners-with-boerse-stuttgart-for-crypto-trading/
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Eclipse targets October to launch ‘Solana on Ethereum’ L2
The team behind Eclipse — the first Ethereum layer 2 that uses the Solana Virtual Machine to execute transactions — is set to launch its mainnet in October.
“Public mainnet will be launching toward the end of October,” revealed Vijay Chetty, CEO of Eclipse Labs, in an interview with Cointelegraph at the Solana Breakpoint conference…
https://cryptoinsight.ae/eclipse-targets-october-to-launch-solana-on-ethereum-l2/
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The team behind Eclipse — the first Ethereum layer 2 that uses the Solana Virtual Machine to execute transactions — is set to launch its mainnet in October.
“Public mainnet will be launching toward the end of October,” revealed Vijay Chetty, CEO of Eclipse Labs, in an interview with Cointelegraph at the Solana Breakpoint conference…
https://cryptoinsight.ae/eclipse-targets-october-to-launch-solana-on-ethereum-l2/
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CertiK Ventures discloses $45M investment plan to boost Web3
The venture arm of the major blockchain security platform CertiK is working to promote Web3 adoption with a new multimillion-dollar investment targeting new industry projects.
CertiK Ventures launched a $45-million investment plan on Sept. 19 to drive the development of high-potential Web3 projects, according to an announcement shared with Cointelegraph. The plan aims to accelerate…
https://cryptoinsight.ae/https-cointelegraph-com-news-certik-ventures-45-million-investment-web3/
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The venture arm of the major blockchain security platform CertiK is working to promote Web3 adoption with a new multimillion-dollar investment targeting new industry projects.
CertiK Ventures launched a $45-million investment plan on Sept. 19 to drive the development of high-potential Web3 projects, according to an announcement shared with Cointelegraph. The plan aims to accelerate…
https://cryptoinsight.ae/https-cointelegraph-com-news-certik-ventures-45-million-investment-web3/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.29 Trillion, a -2.1% change in the last 24 hours
Bitcoin ~ $63,058.35 (-1.1%)
Ethereum ~ $2,551.73 (0.4%)
Solana ~ $146.70 (-1.0%)
Polkadot ~ $4.33 (-0.6%)
Flow ~ $0.5806 (-0.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.29 Trillion, a -2.1% change in the last 24 hours
Bitcoin ~ $63,058.35 (-1.1%)
Ethereum ~ $2,551.73 (0.4%)
Solana ~ $146.70 (-1.0%)
Polkadot ~ $4.33 (-0.6%)
Flow ~ $0.5806 (-0.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Hashgraph Association to explore digital asset use cases with Qatar stakeholders
The Hashgraph Association (THA), a nonprofit organization building ecosystems using Hedera Hashgraph’s decentralized ledger technology, announced that it would work with stakeholders in Qatar to explore five digital asset use cases in the next 12 months.
The organization said on its official LinkedIn platform that it would look into the tokenization of equities, real estate…
https://cryptoinsight.ae/hashgraph-association-to-explore-digital-asset-use-cases-with-qatar-stakeholders/
Website | Twitter | LinkedIn | Telegram
The Hashgraph Association (THA), a nonprofit organization building ecosystems using Hedera Hashgraph’s decentralized ledger technology, announced that it would work with stakeholders in Qatar to explore five digital asset use cases in the next 12 months.
The organization said on its official LinkedIn platform that it would look into the tokenization of equities, real estate…
https://cryptoinsight.ae/hashgraph-association-to-explore-digital-asset-use-cases-with-qatar-stakeholders/
Website | Twitter | LinkedIn | Telegram
Crypto.com gains payment service license from Bahrain central bank
Singapore-based cryptocurrency exchange Crypto.com continues to grow its presence in the MENA region with the receipt of a full payment service provider license from the Central Bank of Bahrain (CBB). The license will permit the cryptocurrency exchange’s local subsidiary to offer e-money and fiat services, including the issuance of prepaid cards, throughout the Gulf Cooperation…
https://cryptoinsight.ae/crypto-com-gains-payment-service-license-from-bahrain-central-bank/
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Singapore-based cryptocurrency exchange Crypto.com continues to grow its presence in the MENA region with the receipt of a full payment service provider license from the Central Bank of Bahrain (CBB). The license will permit the cryptocurrency exchange’s local subsidiary to offer e-money and fiat services, including the issuance of prepaid cards, throughout the Gulf Cooperation…
https://cryptoinsight.ae/crypto-com-gains-payment-service-license-from-bahrain-central-bank/
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Investors claim Tether’s $118B reserves may face audit and liquidity risks
Tether’s lack of third-party audits is raising investor concerns about a potential FTX-like liquidity crisis from the $118 billion stablecoin giant.
Investor concerns are mounting around Tether, the issuer of the world’s largest stablecoin USD₮.
Cyber Capital founder Justin Bons, who shared his concerns about Tether being a potentially bigger scam than FTX, catalyzed the…
https://cryptoinsight.ae/investors-claim-tethers-118b-reserves-may-face-audit-and-liquidity-risks/
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Tether’s lack of third-party audits is raising investor concerns about a potential FTX-like liquidity crisis from the $118 billion stablecoin giant.
Investor concerns are mounting around Tether, the issuer of the world’s largest stablecoin USD₮.
Cyber Capital founder Justin Bons, who shared his concerns about Tether being a potentially bigger scam than FTX, catalyzed the…
https://cryptoinsight.ae/investors-claim-tethers-118b-reserves-may-face-audit-and-liquidity-risks/
Website | Twitter | LinkedIn | Telegram
BingX confirms the resumption of withdrawal services following hack
BingX — a popular cryptocurrency exchange — has announced that withdrawal services on the platform will resume on Sept. 21, 2024, for certain digital assets.
According to the exchange’s announcement, withdrawals for Tether’s US dollar stablecoin, Circle’s US dollar stablecoin, Bitcoin, Ethereum, Tron, and Solana will resume first followed by withdrawal services for other tokens…
https://cryptoinsight.ae/bingx-confirms-the-resumption-of-withdrawal-services-following-hack/
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BingX — a popular cryptocurrency exchange — has announced that withdrawal services on the platform will resume on Sept. 21, 2024, for certain digital assets.
According to the exchange’s announcement, withdrawals for Tether’s US dollar stablecoin, Circle’s US dollar stablecoin, Bitcoin, Ethereum, Tron, and Solana will resume first followed by withdrawal services for other tokens…
https://cryptoinsight.ae/bingx-confirms-the-resumption-of-withdrawal-services-following-hack/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.3 Trillion, a -0.5% change in the last 24 hours
Bitcoin ~ $63,024.98 (-0.1%)
Ethereum ~ $2,589.87 (1.5%)
Solana ~ $147.31 (0.4%)
Polkadot ~ $4.40 (1.7%)
Flow ~ $0.5814 (0.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.3 Trillion, a -0.5% change in the last 24 hours
Bitcoin ~ $63,024.98 (-0.1%)
Ethereum ~ $2,589.87 (1.5%)
Solana ~ $147.31 (0.4%)
Polkadot ~ $4.40 (1.7%)
Flow ~ $0.5814 (0.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Coinbase’s cbBTC wrapped Bitcoin coming to Solana — Breakpoint 2024
Coinbase’s country director for Singapore, Hassan Ahmed, recently announced plans to bring Coinbase’s new “cbBTC” — a wrapped Bitcoin asset — to the Solana network at the Breakpoint 2024 event.
No date was specified for the launch of the Bitcoin token during the announcement. Ahmed told the audience:
“We recently launched cbBTC on base, but…
https://cryptoinsight.ae/coinbases-cbbtc-wrapped-bitcoin-coming-to-solana-breakpoint-2024/
Website | Twitter | LinkedIn | Telegram
Coinbase’s country director for Singapore, Hassan Ahmed, recently announced plans to bring Coinbase’s new “cbBTC” — a wrapped Bitcoin asset — to the Solana network at the Breakpoint 2024 event.
No date was specified for the launch of the Bitcoin token during the announcement. Ahmed told the audience:
“We recently launched cbBTC on base, but…
https://cryptoinsight.ae/coinbases-cbbtc-wrapped-bitcoin-coming-to-solana-breakpoint-2024/
Website | Twitter | LinkedIn | Telegram
Powerledger integrates with Solana mainnet ecosystem
Australian energy tech company Powerledger has announced its expansion into the Solana ecosystem, claiming it shares common values with the blockchain network amid wider interest in Regenerative Finance (ReFi).
“At the heart of both Powerledger and Solana is a shared vision of innovation, sustainability and transparency — values that are becoming increasingly critical as the…
https://cryptoinsight.ae/powerledger-integrates-with-solana-mainnet-ecosystem/
Website | Twitter | LinkedIn | Telegram
Australian energy tech company Powerledger has announced its expansion into the Solana ecosystem, claiming it shares common values with the blockchain network amid wider interest in Regenerative Finance (ReFi).
“At the heart of both Powerledger and Solana is a shared vision of innovation, sustainability and transparency — values that are becoming increasingly critical as the…
https://cryptoinsight.ae/powerledger-integrates-with-solana-mainnet-ecosystem/
Website | Twitter | LinkedIn | Telegram
Crypto firms cannot naively trust engineers with code, warns Exodus CEO
Crypto firms should never carelessly trust their engineers to upload code without an external review first, says JP Richardson, CEO of the self-custodial crypto platform Exodus.
He argued that this is essential to stop bad actors, who are becoming more sophisticated in tricking crypto firms into giving them jobs, from uploading malicious code to the…
https://cryptoinsight.ae/crypto-firms-cannot-naively-trust-engineers-with-code-warns-exodus-ceo/
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Crypto firms should never carelessly trust their engineers to upload code without an external review first, says JP Richardson, CEO of the self-custodial crypto platform Exodus.
He argued that this is essential to stop bad actors, who are becoming more sophisticated in tricking crypto firms into giving them jobs, from uploading malicious code to the…
https://cryptoinsight.ae/crypto-firms-cannot-naively-trust-engineers-with-code-warns-exodus-ceo/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.33 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $63,668.35 (1.1%)
Ethereum ~ $2,659.20 (2.7%)
Solana ~ $146.87 (-0.3%)
Polkadot ~ $4.37 (-0.6%)
Flow ~ $0.5876 (1.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.33 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $63,668.35 (1.1%)
Ethereum ~ $2,659.20 (2.7%)
Solana ~ $146.87 (-0.3%)
Polkadot ~ $4.37 (-0.6%)
Flow ~ $0.5876 (1.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
IMF staff propose REDI framework to catalyze CBDC adoption
International Monetary Fund (IMF) staff members have issued a guide for policymakers and banking institutions on ways to increase the uptake of central bank digital currencies (CBDCs) globally.
The IMF issued the “Central Bank Digital Currency Adoption Inclusive Strategies for Intermediaries and Users” paper on Sept. 21. The paper recommended implementing inclusive strategies for intermediaries…
https://cryptoinsight.ae/imf-staff-propose-redi-framework-to-catalyze-cbdc-adoption/
Website | Twitter | LinkedIn | Telegram
International Monetary Fund (IMF) staff members have issued a guide for policymakers and banking institutions on ways to increase the uptake of central bank digital currencies (CBDCs) globally.
The IMF issued the “Central Bank Digital Currency Adoption Inclusive Strategies for Intermediaries and Users” paper on Sept. 21. The paper recommended implementing inclusive strategies for intermediaries…
https://cryptoinsight.ae/imf-staff-propose-redi-framework-to-catalyze-cbdc-adoption/
Website | Twitter | LinkedIn | Telegram
Crypto PR exec relishes ‘skepticism’ around crypto marketing
Despite the growing adoption of cryptocurrency, investors shouldn’t get too comfortable trusting marketing and should always do their own research, according to Amanda Cassatt, the founder of Web3 marketing firm Serotonin.
“Marketing is a mechanism for perpetrating the fakery and the scams, and I think people should be very skeptical and do their own research,”…
https://cryptoinsight.ae/crypto-pr-exec-relishes-skepticism-around-crypto-marketing/
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Despite the growing adoption of cryptocurrency, investors shouldn’t get too comfortable trusting marketing and should always do their own research, according to Amanda Cassatt, the founder of Web3 marketing firm Serotonin.
“Marketing is a mechanism for perpetrating the fakery and the scams, and I think people should be very skeptical and do their own research,”…
https://cryptoinsight.ae/crypto-pr-exec-relishes-skepticism-around-crypto-marketing/
Website | Twitter | LinkedIn | Telegram
African economies show high potential for digital asset adoption
A number of emerging economies across Africa have the potential to become digital asset hubs. Simultaneously, the cost of compliance for crypto exchanges is increasing as regulatory clarity emerges, according to Ben Caselin, chief marketing officer of VALR, a crypto exchange based in Johannesburg, South Africa.
“South Africa is the entryway to the rest of…
https://cryptoinsight.ae/african-economies-show-high-potential-for-digital-asset-adoption/
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A number of emerging economies across Africa have the potential to become digital asset hubs. Simultaneously, the cost of compliance for crypto exchanges is increasing as regulatory clarity emerges, according to Ben Caselin, chief marketing officer of VALR, a crypto exchange based in Johannesburg, South Africa.
“South Africa is the entryway to the rest of…
https://cryptoinsight.ae/african-economies-show-high-potential-for-digital-asset-adoption/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.32 Trillion, a -1.6% change in the last 24 hours
Bitcoin ~ $63,362.93 (-0.4%)
Ethereum ~ $2,640.93 (-0.6%)
Solana ~ $146.53 (-0.2%)
Polkadot ~ $4.50 (3.0%)
Flow ~ $0.5885 (0.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.32 Trillion, a -1.6% change in the last 24 hours
Bitcoin ~ $63,362.93 (-0.4%)
Ethereum ~ $2,640.93 (-0.6%)
Solana ~ $146.53 (-0.2%)
Polkadot ~ $4.50 (3.0%)
Flow ~ $0.5885 (0.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin core dev to ‘unite’ Bitcoin and Ethereum with cross-chain tunnels
As recent crypto hacks expose security vulnerabilities in cross-chain bridges, the community is exploring alternative approaches to achieving interoperability. One project has introduced an innovative feature called “tunneling,” designed to link the two largest networks in the crypto space.
Jeff Garzik, an early core Bitcoin developer, founded the Hemi Network, a blockchain protocol that aims…
https://cryptoinsight.ae/bitcoin-core-dev-to-unite-bitcoin-and-ethereum-with-cross-chain-tunnels/
Website | Twitter | LinkedIn | Telegram
As recent crypto hacks expose security vulnerabilities in cross-chain bridges, the community is exploring alternative approaches to achieving interoperability. One project has introduced an innovative feature called “tunneling,” designed to link the two largest networks in the crypto space.
Jeff Garzik, an early core Bitcoin developer, founded the Hemi Network, a blockchain protocol that aims…
https://cryptoinsight.ae/bitcoin-core-dev-to-unite-bitcoin-and-ethereum-with-cross-chain-tunnels/
Website | Twitter | LinkedIn | Telegram
TON-based wallet to support crypto assets on Tron
One of the wallets available in The Open Network (TON) ecosystem announced that it would support crypto assets on the Tron blockchain.
On Sept. 23, self-custodial wallet MyTonWallet said it would integrate Tron to support assets within its network. This includes the network’s native token, Tron, Tether’s USDt and other tokens using the TRC-20 standard.…
https://cryptoinsight.ae/ton-based-wallet-to-support-crypto-assets-on-tron/
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One of the wallets available in The Open Network (TON) ecosystem announced that it would support crypto assets on the Tron blockchain.
On Sept. 23, self-custodial wallet MyTonWallet said it would integrate Tron to support assets within its network. This includes the network’s native token, Tron, Tether’s USDt and other tokens using the TRC-20 standard.…
https://cryptoinsight.ae/ton-based-wallet-to-support-crypto-assets-on-tron/
Website | Twitter | LinkedIn | Telegram