90% of businesses adopting blockchain technology, data
A new survey from CasperLabs found that despite education gaps, enterprise adoption of blockchain technology in the U.S., U.K. and China is set to increase in the next year.
The crypto and blockchain space has had a turbulent past year, but that is not stopping users and enterprises from looking into the industry.
A new…
https://cryptoinsight.ae/90-of-businesses-adopting-blockchain-technology-data/
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A new survey from CasperLabs found that despite education gaps, enterprise adoption of blockchain technology in the U.S., U.K. and China is set to increase in the next year.
The crypto and blockchain space has had a turbulent past year, but that is not stopping users and enterprises from looking into the industry.
A new…
https://cryptoinsight.ae/90-of-businesses-adopting-blockchain-technology-data/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.02 Trillion, a 8.6% change in the last 24 hours
Bitcoin ~ $20,882.72 (11.0%)
Ethereum ~ $1,549.17 (10.0%)
Solana ~ $23.59 (39.5%)
Polkadot ~ $5.75 (10.2%)
Flow ~ $1.01 (13.3%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.02 Trillion, a 8.6% change in the last 24 hours
Bitcoin ~ $20,882.72 (11.0%)
Ethereum ~ $1,549.17 (10.0%)
Solana ~ $23.59 (39.5%)
Polkadot ~ $5.75 (10.2%)
Flow ~ $1.01 (13.3%)
Follow and subscribe - @GulfCryptoInsight
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Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K
Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion.
The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12.
While the 15.5% year-to-date gain sounds promising, the…
https://cryptoinsight.ae/total-crypto-market-cap-closes-in-on-1t-right-as-bitcoin-price-moves-toward-20k/
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Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion.
The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12.
While the 15.5% year-to-date gain sounds promising, the…
https://cryptoinsight.ae/total-crypto-market-cap-closes-in-on-1t-right-as-bitcoin-price-moves-toward-20k/
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3 blockchain use cases that extend beyond crypto
Blockchains are decentralized, transparent and increase the capacity of a whole network while giving users full control of their data.
Blockchain use cases have expanded far beyond cryptocurrency in recent years, with multiple industries embracing the technology in a wide range of fields, including healthcare, logistics and financial services.
There are many factors behind the…
https://cryptoinsight.ae/3-blockchain-use-cases-that-extend-beyond-crypto/
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Blockchains are decentralized, transparent and increase the capacity of a whole network while giving users full control of their data.
Blockchain use cases have expanded far beyond cryptocurrency in recent years, with multiple industries embracing the technology in a wide range of fields, including healthcare, logistics and financial services.
There are many factors behind the…
https://cryptoinsight.ae/3-blockchain-use-cases-that-extend-beyond-crypto/
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DeFi was the most attacked ecosystem in 2022: Finance Redefined
2023 started on a bullish note for nearly all the top 100 DeFi tokens, as most of them rose to new multi-week highs.
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.
The DeFi ecosystem started 2023 on…
https://cryptoinsight.ae/defi-was-the-most-attacked-ecosystem-in-2022-finance-redefined/
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2023 started on a bullish note for nearly all the top 100 DeFi tokens, as most of them rose to new multi-week highs.
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.
The DeFi ecosystem started 2023 on…
https://cryptoinsight.ae/defi-was-the-most-attacked-ecosystem-in-2022-finance-redefined/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.01 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $20,745.74 (-0.7%)
Ethereum ~ $1,527.65 (-1.4%)
Solana ~ $22.94 (-3.1%)
Polkadot ~ $5.88 (1.8%)
Flow ~ $1.11 (10.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.01 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $20,745.74 (-0.7%)
Ethereum ~ $1,527.65 (-1.4%)
Solana ~ $22.94 (-3.1%)
Polkadot ~ $5.88 (1.8%)
Flow ~ $1.11 (10.0%)
Follow and subscribe - @GulfCryptoInsight
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Alameda Research had a $65B secret line of credit with FTX: Report
Sam Bankman-Fried ordered Gary Wang, FTX’s co-founder, to open the alleged credit line financed by the exchange’s customers.
Former FTX CEO Sam Bankman-Fried (SBF) reportedly ordered Gary Wang, co-founder of the crypto exchange, to open a $65 billion “secret backdoor line of credit” for Alameda Research, according to FTX attorney Andrew Dietderich.
The attorney disclosed…
https://cryptoinsight.ae/alameda-research-had-a-65b-secret-line-of-credit-with-ftx-report/
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Sam Bankman-Fried ordered Gary Wang, FTX’s co-founder, to open the alleged credit line financed by the exchange’s customers.
Former FTX CEO Sam Bankman-Fried (SBF) reportedly ordered Gary Wang, co-founder of the crypto exchange, to open a $65 billion “secret backdoor line of credit” for Alameda Research, according to FTX attorney Andrew Dietderich.
The attorney disclosed…
https://cryptoinsight.ae/alameda-research-had-a-65b-secret-line-of-credit-with-ftx-report/
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Solana Foundation warns about security incident with Mailchimp
According to an email sent to users, an unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance.
Solana Foundation, the non-profit organization of the Solana Network, disclosed on Jan. 14 a security incident involving its email service provider Mailchimp.
According to an email sent to users and seen by Cointelegraph,…
https://cryptoinsight.ae/solana-foundation-warns-about-security-incident-with-mailchimp/
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According to an email sent to users, an unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance.
Solana Foundation, the non-profit organization of the Solana Network, disclosed on Jan. 14 a security incident involving its email service provider Mailchimp.
According to an email sent to users and seen by Cointelegraph,…
https://cryptoinsight.ae/solana-foundation-warns-about-security-incident-with-mailchimp/
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App-specific blockchains remain a promising solution for scalability
Building an interoperable network of blockchains dedicated to a specific purpose appears to be a viable alternative to layer-2 scalability solutions.
App-specific blockchains, or appchains, are specifically designed to support the creation and deployment of decentralized applications (DApps). In an appchain, each app runs on its separate blockchain, linked to the main chain. This allows…
https://cryptoinsight.ae/app-specific-blockchains-remain-a-promising-solution-for-scalability/
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Building an interoperable network of blockchains dedicated to a specific purpose appears to be a viable alternative to layer-2 scalability solutions.
App-specific blockchains, or appchains, are specifically designed to support the creation and deployment of decentralized applications (DApps). In an appchain, each app runs on its separate blockchain, linked to the main chain. This allows…
https://cryptoinsight.ae/app-specific-blockchains-remain-a-promising-solution-for-scalability/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.04 Trillion, a 2.5% change in the last 24 hours
Bitcoin ~ $21,185.00 (2.4%)
Ethereum ~ $1,578.49 (3.3%)
Solana ~ $23.56 (2.7%)
Polkadot ~ $6.05 (2.8%)
Flow ~ $1.12 (0.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.04 Trillion, a 2.5% change in the last 24 hours
Bitcoin ~ $21,185.00 (2.4%)
Ethereum ~ $1,578.49 (3.3%)
Solana ~ $23.56 (2.7%)
Polkadot ~ $6.05 (2.8%)
Flow ~ $1.12 (0.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin steps out of ‘Fear’ for the first time in nine months
The Bitcoin Fear and Greed Index reached an index score of 52 over the weekend, marking the first time its hit neutral territory in three quarters.
The highly-referenced Bitcoin Fear and Greed Index moved into neutral territory over the weekend following several months of fear.
On Jan. 15, the index reached a neutral level of…
https://cryptoinsight.ae/bitcoin-steps-out-of-fear-for-the-first-time-in-nine-months/
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The Bitcoin Fear and Greed Index reached an index score of 52 over the weekend, marking the first time its hit neutral territory in three quarters.
The highly-referenced Bitcoin Fear and Greed Index moved into neutral territory over the weekend following several months of fear.
On Jan. 15, the index reached a neutral level of…
https://cryptoinsight.ae/bitcoin-steps-out-of-fear-for-the-first-time-in-nine-months/
Website | Twitter | LinkedIn | Telegram
Scaramucci to invest in crypto firm founded by former FTX US boss
It is understood the crypto software company will enable crypto traders to create algorithmic-based strategies to access different markets.
SkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US.
Scaramucci told Bloomberg in an email that he would be investing his own personal funds to support…
https://cryptoinsight.ae/scaramucci-to-invest-in-crypto-firm-founded-by-former-ftx-us-boss/
Website | Twitter | LinkedIn | Telegram
It is understood the crypto software company will enable crypto traders to create algorithmic-based strategies to access different markets.
SkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US.
Scaramucci told Bloomberg in an email that he would be investing his own personal funds to support…
https://cryptoinsight.ae/scaramucci-to-invest-in-crypto-firm-founded-by-former-ftx-us-boss/
Website | Twitter | LinkedIn | Telegram
Bank of Thailand to allow first virtual banks by 2025
By allowing virtual banks, Thailand seeks to boost competition and economic growth.
Bank of Thailand has disclosed plans to allow virtual banks to operate in the country for the first time. Financial firms will be able to provide services by 2025, a Bloomberg report shows.
The “Consultation Paper on Virtual Bank Licensing Framework” published by…
https://cryptoinsight.ae/bank-of-thailand-to-allow-first-virtual-banks-by-2025/
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By allowing virtual banks, Thailand seeks to boost competition and economic growth.
Bank of Thailand has disclosed plans to allow virtual banks to operate in the country for the first time. Financial firms will be able to provide services by 2025, a Bloomberg report shows.
The “Consultation Paper on Virtual Bank Licensing Framework” published by…
https://cryptoinsight.ae/bank-of-thailand-to-allow-first-virtual-banks-by-2025/
Website | Twitter | LinkedIn | Telegram
Navigating the World of Crypto: Tips for Avoiding Scams
From “pig butchering” to phishing, there are myriad ways that scammers try to take advantage of crypto users.
Despite the belief of many crypto enthusiasts that centralized exchanges (CEXs) are safer, history has often shown them to be rather vulnerable to attacks.
Because these exchanges centralize the storage of users’ assets, they can be attractive…
https://cryptoinsight.ae/navigating-the-world-of-crypto-tips-for-avoiding-scams/
Website | Twitter | LinkedIn | Telegram
From “pig butchering” to phishing, there are myriad ways that scammers try to take advantage of crypto users.
Despite the belief of many crypto enthusiasts that centralized exchanges (CEXs) are safer, history has often shown them to be rather vulnerable to attacks.
Because these exchanges centralize the storage of users’ assets, they can be attractive…
https://cryptoinsight.ae/navigating-the-world-of-crypto-tips-for-avoiding-scams/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.03 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $21,146.24 (-0.2%)
Ethereum ~ $1,566.53 (-0.5%)
Solana ~ $23.53 (0.2%)
Polkadot ~ $5.89 (-2.2%)
Flow ~ $1.05 (-5.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.03 Trillion, a -0.9% change in the last 24 hours
Bitcoin ~ $21,146.24 (-0.2%)
Ethereum ~ $1,566.53 (-0.5%)
Solana ~ $23.53 (0.2%)
Polkadot ~ $5.89 (-2.2%)
Flow ~ $1.05 (-5.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst
The Bloomberg analyst said Bitcoin is forming a bottom similar to how it looked prior to the 2019 bull run but with one major difference in the markets.
Mike McGlone, Bloomberg’s senior commodity strategist believes Bitcoin could be developing a “bottom” in the same way it did prior to 2019’s bull run but said there…
https://cryptoinsight.ae/btc-forming-bottom-akin-to-2018-with-one-key-difference-bloomberg-analyst/
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The Bloomberg analyst said Bitcoin is forming a bottom similar to how it looked prior to the 2019 bull run but with one major difference in the markets.
Mike McGlone, Bloomberg’s senior commodity strategist believes Bitcoin could be developing a “bottom” in the same way it did prior to 2019’s bull run but said there…
https://cryptoinsight.ae/btc-forming-bottom-akin-to-2018-with-one-key-difference-bloomberg-analyst/
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Japanese regulators want crypto treated like traditional banks
Mamoru Yanase said crypto needs the same safeguards as financial institutions and banks.
Financial regulators in Japan have urged global regulators to treat crypto the same way as they do banking, calling for tougher rules for the sector.
According to the deputy director-general of the Financial Services Agency’s Strategy Development and Management Bureau, Mamoru Yanase,…
https://cryptoinsight.ae/japanese-regulators-want-crypto-treated-like-traditional-banks/
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Mamoru Yanase said crypto needs the same safeguards as financial institutions and banks.
Financial regulators in Japan have urged global regulators to treat crypto the same way as they do banking, calling for tougher rules for the sector.
According to the deputy director-general of the Financial Services Agency’s Strategy Development and Management Bureau, Mamoru Yanase,…
https://cryptoinsight.ae/japanese-regulators-want-crypto-treated-like-traditional-banks/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.04 Trillion, a 1.0% change in the last 24 hours
Bitcoin ~ $21,309.43 (0.7%)
Ethereum ~ $1,585.99 (1.2%)
Solana ~ $23.17 (-1.5%)
Polkadot ~ $6.05 (2.7%)
Flow ~ $1.07 (1.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.04 Trillion, a 1.0% change in the last 24 hours
Bitcoin ~ $21,309.43 (0.7%)
Ethereum ~ $1,585.99 (1.2%)
Solana ~ $23.17 (-1.5%)
Polkadot ~ $6.05 (2.7%)
Flow ~ $1.07 (1.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Opinion: The Inter-Blockchain Communication Protocol will end ecosystem maximalism
IBC is going to allow assets to move between blockchains without the high level of risk inherent to bridging.
When I entered crypto, I succumbed to the contest between blockchain ecosystems, believing one had to be “better” than others. I have since realized the future of cryptocurrency is bringing with it a variety of platforms…
https://cryptoinsight.ae/opinion-the-inter-blockchain-communication-protocol-will-end-ecosystem-maximalism/
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IBC is going to allow assets to move between blockchains without the high level of risk inherent to bridging.
When I entered crypto, I succumbed to the contest between blockchain ecosystems, believing one had to be “better” than others. I have since realized the future of cryptocurrency is bringing with it a variety of platforms…
https://cryptoinsight.ae/opinion-the-inter-blockchain-communication-protocol-will-end-ecosystem-maximalism/
Website | Twitter | LinkedIn | Telegram
Bitcoin inches closer to a 10-year record, as other stats turn bullish
Right now, Bitcoin is a day away from matching a nearly 10-year-old record and Ethereum could hit a significant milestone by Q2.
The world’s first cryptocurrency Bitcoin is one day away from matching its historic 15-day win streak if its positive price movement keeps up.
In November 2013 Bitcoin posted a 15-day consistent positive price…
https://cryptoinsight.ae/bitcoin-inches-closer-to-a-10-year-record-as-other-stats-turn-bullish/
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Right now, Bitcoin is a day away from matching a nearly 10-year-old record and Ethereum could hit a significant milestone by Q2.
The world’s first cryptocurrency Bitcoin is one day away from matching its historic 15-day win streak if its positive price movement keeps up.
In November 2013 Bitcoin posted a 15-day consistent positive price…
https://cryptoinsight.ae/bitcoin-inches-closer-to-a-10-year-record-as-other-stats-turn-bullish/
Website | Twitter | LinkedIn | Telegram