Hello there!
Day started from:
The global cryptocurrency market cap today is $1.13 Trillion, a 0.8% change in the last 24 hours
Bitcoin ~ $23,377.53 (0.3%)
Ethereum ~ $1,666.82 (1.0%)
Solana ~ $24.41 (0.1%)
Polkadot ~ $6.85 (0.2%)
Flow ~ $1.16 (0.7%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.13 Trillion, a 0.8% change in the last 24 hours
Bitcoin ~ $23,377.53 (0.3%)
Ethereum ~ $1,666.82 (1.0%)
Solana ~ $24.41 (0.1%)
Polkadot ~ $6.85 (0.2%)
Flow ~ $1.16 (0.7%)
Follow and subscribe - @GulfCryptoInsight
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London emerges as world’s most crypto-ready city for business — Research
An examination of eight key data points determined London to sport the highest crypto readiness to entice businesses and start-ups.
Along with pro-crypto regulations, mainstream adoption of cryptocurrencies requires a supporting infrastructure that can allow the general public access and exposure to the ecosystem. When considering eight key indicators around taxes, ATMs, jobs and events…
https://cryptoinsight.ae/london-emerges-as-worlds-most-crypto-ready-city-for-business-research/
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An examination of eight key data points determined London to sport the highest crypto readiness to entice businesses and start-ups.
Along with pro-crypto regulations, mainstream adoption of cryptocurrencies requires a supporting infrastructure that can allow the general public access and exposure to the ecosystem. When considering eight key indicators around taxes, ATMs, jobs and events…
https://cryptoinsight.ae/london-emerges-as-worlds-most-crypto-ready-city-for-business-research/
Website | Twitter | LinkedIn | Telegram
How to protect against crime in the metaverse
What is the dark side of the metaverse?
The metaverse has the potential to alter the way we interact and engage with one another and technology. However, there are also possible drawbacks and risks, just like with any new technology. Potential problems with privacy, security and legislation are part of the metaverse’s negative side.
One…
https://cryptoinsight.ae/how-to-protect-against-crime-in-the-metaverse/
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What is the dark side of the metaverse?
The metaverse has the potential to alter the way we interact and engage with one another and technology. However, there are also possible drawbacks and risks, just like with any new technology. Potential problems with privacy, security and legislation are part of the metaverse’s negative side.
One…
https://cryptoinsight.ae/how-to-protect-against-crime-in-the-metaverse/
Website | Twitter | LinkedIn | Telegram
Tax strategies allow crypto investors to offset losses
Reporting cryptocurrency when filing taxes can help investors offset their losses.
2022 was tough for the crypto market. A recent report published by security services platform Immunefi found that the crypto industry lost a total of $3.9 billion in 2022.
Detrimental losses such as these are often concerning for crypto investors, yet there may be…
https://cryptoinsight.ae/tax-strategies-allow-crypto-investors-to-offset-losses/
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Reporting cryptocurrency when filing taxes can help investors offset their losses.
2022 was tough for the crypto market. A recent report published by security services platform Immunefi found that the crypto industry lost a total of $3.9 billion in 2022.
Detrimental losses such as these are often concerning for crypto investors, yet there may be…
https://cryptoinsight.ae/tax-strategies-allow-crypto-investors-to-offset-losses/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.1 Trillion, a -2.5% change in the last 24 hours
Bitcoin ~ $22,762.88 (-2.5%)
Ethereum ~ $1,622.04 (-2.6%)
Solana ~ $23.09 (-5.4%)
Polkadot ~ $6.63 (-3.3%)
Flow ~ $1.10 (-5.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.1 Trillion, a -2.5% change in the last 24 hours
Bitcoin ~ $22,762.88 (-2.5%)
Ethereum ~ $1,622.04 (-2.6%)
Solana ~ $23.09 (-5.4%)
Polkadot ~ $6.63 (-3.3%)
Flow ~ $1.10 (-5.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
What is the global financial crisis and its impact on the global economy
The Global Financial Crisis was a widespread economic downturn that began in 2008 and resulted from the collapse of the housing market and investment banks.
When the financial system or the economy as a whole undergoes a rapid and large decline, it is said to be in a financial crisis. Financial assets like stocks, bonds,…
https://cryptoinsight.ae/what-is-the-global-financial-crisis-and-its-impact-on-the-global-economy/
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The Global Financial Crisis was a widespread economic downturn that began in 2008 and resulted from the collapse of the housing market and investment banks.
When the financial system or the economy as a whole undergoes a rapid and large decline, it is said to be in a financial crisis. Financial assets like stocks, bonds,…
https://cryptoinsight.ae/what-is-the-global-financial-crisis-and-its-impact-on-the-global-economy/
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Crypto needs ‘adult supervision’ and turmoil to ‘grow up’ — MicroStrategy co-founder
The bankruptcies of once high-profile crypto players are “painful” but helpful, according to Michael Saylor, but industry oversight is still needed.
High-profile crypto bankruptcies and a hearty price crash are necessary evils to help the industry grow, while greater regulation is a must, according to MicroStrategy co-founder Michael Saylor.
In a Feb. 3 interview on…
https://cryptoinsight.ae/crypto-needs-adult-supervision-and-turmoil-to-grow-up-microstrategy-co-founder/
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The bankruptcies of once high-profile crypto players are “painful” but helpful, according to Michael Saylor, but industry oversight is still needed.
High-profile crypto bankruptcies and a hearty price crash are necessary evils to help the industry grow, while greater regulation is a must, according to MicroStrategy co-founder Michael Saylor.
In a Feb. 3 interview on…
https://cryptoinsight.ae/crypto-needs-adult-supervision-and-turmoil-to-grow-up-microstrategy-co-founder/
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Spanish rehab center adds crypto trading addiction to services list
The rehabilitation center cited estimates that about 1% of cryptocurrency traders will develop an “extreme” addiction to crypto trading.
A luxury rehabilitation center in Spain has recently added services aimed at treating a relatively new kind of addiction — crypto trading.
The center, called “The Balance,” is a Switzerland-founded wellness center, with its main facility…
https://cryptoinsight.ae/spanish-rehab-center-adds-crypto-trading-addiction-to-services-list/
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The rehabilitation center cited estimates that about 1% of cryptocurrency traders will develop an “extreme” addiction to crypto trading.
A luxury rehabilitation center in Spain has recently added services aimed at treating a relatively new kind of addiction — crypto trading.
The center, called “The Balance,” is a Switzerland-founded wellness center, with its main facility…
https://cryptoinsight.ae/spanish-rehab-center-adds-crypto-trading-addiction-to-services-list/
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Interpol wants to police metaverse crimes, reveals secretary general
According to Stock, criminals have started targeting users on platforms similar to the metaverse, adding that “we need to sufficiently respond to that.”
The International Criminal Police Organization (ICPO), or Interpol, is investigating how it could police crimes in the metaverse. However, a top Interpol executive believes there are issues with defining a metaverse crime.…
https://cryptoinsight.ae/interpol-wants-to-police-metaverse-crimes-reveals-secretary-general/
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According to Stock, criminals have started targeting users on platforms similar to the metaverse, adding that “we need to sufficiently respond to that.”
The International Criminal Police Organization (ICPO), or Interpol, is investigating how it could police crimes in the metaverse. However, a top Interpol executive believes there are issues with defining a metaverse crime.…
https://cryptoinsight.ae/interpol-wants-to-police-metaverse-crimes-reveals-secretary-general/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.11 Trillion, a 1.1% change in the last 24 hours
Bitcoin ~ $22,958.06 (0.9%)
Ethereum ~ $1,636.73 (0.9%)
Solana ~ $23.15 (0.3%)
Polkadot ~ $6.64 (0.2%)
Flow ~ $1.10 (-0.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.11 Trillion, a 1.1% change in the last 24 hours
Bitcoin ~ $22,958.06 (0.9%)
Ethereum ~ $1,636.73 (0.9%)
Solana ~ $23.15 (0.3%)
Polkadot ~ $6.64 (0.2%)
Flow ~ $1.10 (-0.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
North Korea stole more crypto in 2022 than any other year: UN report
A report submitted to the United Nations found North Korean cyber attacks have become vastly more sophisticated and raked in more crypto than ever before.
A confidential United Nations report has revealed North Korean hackers stole more crypto assets in 2022 than in any other year so far.
The UN report, seen by Reuters, was…
https://cryptoinsight.ae/north-korea-stole-more-crypto-in-2022-than-any-other-year-un-report/
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A report submitted to the United Nations found North Korean cyber attacks have become vastly more sophisticated and raked in more crypto than ever before.
A confidential United Nations report has revealed North Korean hackers stole more crypto assets in 2022 than in any other year so far.
The UN report, seen by Reuters, was…
https://cryptoinsight.ae/north-korea-stole-more-crypto-in-2022-than-any-other-year-un-report/
Website | Twitter | LinkedIn | Telegram
FTX CEO testifies on ‘pure hell’ post-bankruptcy days at exchange
John Ray said when he took control of FTX in November 2022, there was a “massive scramble for information” related to the exchange’s funds, insurance and personnel.
John Ray, who took over as CEO of crypto exchange FTX, has described some of the chaotic experiences at the firm following the company declaring bankruptcy.
In testimony…
https://cryptoinsight.ae/ftx-ceo-testifies-on-pure-hell-post-bankruptcy-days-at-exchange/
Website | Twitter | LinkedIn | Telegram
John Ray said when he took control of FTX in November 2022, there was a “massive scramble for information” related to the exchange’s funds, insurance and personnel.
John Ray, who took over as CEO of crypto exchange FTX, has described some of the chaotic experiences at the firm following the company declaring bankruptcy.
In testimony…
https://cryptoinsight.ae/ftx-ceo-testifies-on-pure-hell-post-bankruptcy-days-at-exchange/
Website | Twitter | LinkedIn | Telegram
Genesis creditors to expect 80% recovery under proposed restructuring plan
Digital Currency Group (DCG) plans to hand its equity stake in Genesis’ trading arm to Genesis Global, which will then be sold, pending court approval.
A Genesis creditor has revealed the new proposed restructuring plan between Genesis, Digital Currency Group and creditors will see creditors getting back at least 80% of their funds.
On Feb.…
https://cryptoinsight.ae/genesis-creditors-to-expect-80-recovery-under-proposed-restructuring-plan/
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Digital Currency Group (DCG) plans to hand its equity stake in Genesis’ trading arm to Genesis Global, which will then be sold, pending court approval.
A Genesis creditor has revealed the new proposed restructuring plan between Genesis, Digital Currency Group and creditors will see creditors getting back at least 80% of their funds.
On Feb.…
https://cryptoinsight.ae/genesis-creditors-to-expect-80-recovery-under-proposed-restructuring-plan/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.14 Trillion, a 2.8% change in the last 24 hours
Bitcoin ~ $23,218.14 (1.2%)
Ethereum ~ $1,675.28 (2.4%)
Solana ~ $23.67 (2.2%)
Polkadot ~ $6.88 (3.6%)
Flow ~ $1.23 (12.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.14 Trillion, a 2.8% change in the last 24 hours
Bitcoin ~ $23,218.14 (1.2%)
Ethereum ~ $1,675.28 (2.4%)
Solana ~ $23.67 (2.2%)
Polkadot ~ $6.88 (3.6%)
Flow ~ $1.23 (12.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
The history and evolution of the fintech industry
The fintech industry has evolved from early adopters using technology to automate financial services to a comprehensive revolution of the financial sector.
The financial technology (fintech) industry has its roots in the late 20th century, with the advent of electronic banking and online stock trading. Since then, fintech has expanded and changed over time as…
https://cryptoinsight.ae/the-history-and-evolution-of-the-fintech-industry/
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The fintech industry has evolved from early adopters using technology to automate financial services to a comprehensive revolution of the financial sector.
The financial technology (fintech) industry has its roots in the late 20th century, with the advent of electronic banking and online stock trading. Since then, fintech has expanded and changed over time as…
https://cryptoinsight.ae/the-history-and-evolution-of-the-fintech-industry/
Website | Twitter | LinkedIn | Telegram
SEC to up scrutiny of firms offering or giving advice about crypto
Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC.
Crypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the scope of the United States’ securities watchdog this year.
A Feb. 7 statement from the Securities…
https://cryptoinsight.ae/sec-to-up-scrutiny-of-firms-offering-or-giving-advice-about-crypto/
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Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC.
Crypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the scope of the United States’ securities watchdog this year.
A Feb. 7 statement from the Securities…
https://cryptoinsight.ae/sec-to-up-scrutiny-of-firms-offering-or-giving-advice-about-crypto/
Website | Twitter | LinkedIn | Telegram
DeFi’s Next Big Thing: Liquid Staking Derivatives
More and more DeFi Protocols have begun supporting LSDs to offer a more flexible way to stake and earn.
The popularity of liquid staking derivatives (LSDs) has increased significantly in recent months resulting in a surge in cash flow in DeFi. LSDs are a relatively new type of token that enables stakers to augment potential…
https://cryptoinsight.ae/defis-next-big-thing-liquid-staking-derivatives/
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More and more DeFi Protocols have begun supporting LSDs to offer a more flexible way to stake and earn.
The popularity of liquid staking derivatives (LSDs) has increased significantly in recent months resulting in a surge in cash flow in DeFi. LSDs are a relatively new type of token that enables stakers to augment potential…
https://cryptoinsight.ae/defis-next-big-thing-liquid-staking-derivatives/
Website | Twitter | LinkedIn | Telegram
Dubai releases crypto regulations for virtual asset service providers
The laws apply to market participants within the Emirate of Dubai, with the exception of those under the Dubai International Financial Centre.
The Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued new guidelines for virtual asset service providers (VASPs) operating within the emirate.
According to Irina…
https://cryptoinsight.ae/dubai-releases-crypto-regulations-for-virtual-asset-service-providers/
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The laws apply to market participants within the Emirate of Dubai, with the exception of those under the Dubai International Financial Centre.
The Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued new guidelines for virtual asset service providers (VASPs) operating within the emirate.
According to Irina…
https://cryptoinsight.ae/dubai-releases-crypto-regulations-for-virtual-asset-service-providers/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.1 Trillion, a -2.8% change in the last 24 hours
Bitcoin ~ $22,597.75 (-2.6%)
Ethereum ~ $1,627.60 (-2.9%)
Solana ~ $22.68 (-4.3%)
Polkadot ~ $6.64 (-3.5%)
Flow ~ $1.09 (-11.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.1 Trillion, a -2.8% change in the last 24 hours
Bitcoin ~ $22,597.75 (-2.6%)
Ethereum ~ $1,627.60 (-2.9%)
Solana ~ $22.68 (-4.3%)
Polkadot ~ $6.64 (-3.5%)
Flow ~ $1.09 (-11.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
End of bull run? The Graph awaits correction after a 200% GRT price rally
GRT has turned technically overbought, but its long-term potential remains skewed to the upside thanks to healthy network fundamentals.
The Graph (GRT) price slipped on Feb. 8 alongside a broader correction across the top crypto assets.
GRT price skyrockets with other data management tokens
GRT’s price plunged nearly 14.5% intraday to $0.18, showing signs of…
https://cryptoinsight.ae/end-of-bull-run-the-graph-awaits-correction-after-a-200-grt-price-rally/
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GRT has turned technically overbought, but its long-term potential remains skewed to the upside thanks to healthy network fundamentals.
The Graph (GRT) price slipped on Feb. 8 alongside a broader correction across the top crypto assets.
GRT price skyrockets with other data management tokens
GRT’s price plunged nearly 14.5% intraday to $0.18, showing signs of…
https://cryptoinsight.ae/end-of-bull-run-the-graph-awaits-correction-after-a-200-grt-price-rally/
Website | Twitter | LinkedIn | Telegram