Banks under pressure from U.S. authorities to cut ties with crypto firms
United States authorities are allegedly discouraging banks from offering services to the crypto industry.
United States authorities appear to be resurrecting past techniques to crack down on crypto firms and banks offering services to the industry, several sources told Cointelegraph.
The alleged strategy consists of isolating the traditional financial system from the crypto market by…
https://cryptoinsight.ae/banks-under-pressure-from-u-s-authorities-to-cut-ties-with-crypto-firms/
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United States authorities are allegedly discouraging banks from offering services to the crypto industry.
United States authorities appear to be resurrecting past techniques to crack down on crypto firms and banks offering services to the industry, several sources told Cointelegraph.
The alleged strategy consists of isolating the traditional financial system from the crypto market by…
https://cryptoinsight.ae/banks-under-pressure-from-u-s-authorities-to-cut-ties-with-crypto-firms/
Website | Twitter | LinkedIn | Telegram
Ethereum co-founder Joe Lubin says no chance ETH is classed as security
The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal.
Ethereum co-founder and crypto entrepreneur Joseph Lubin is confident that Ether won’t be classified as a security in the United States.
Cointelegraph spoke with Lubin, Ethereum co-founder and founder of blockchain tech firm ConsenSys, in Tel Aviv at the…
https://cryptoinsight.ae/ethereum-co-founder-joe-lubin-says-no-chance-eth-is-classed-as-security/
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The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal.
Ethereum co-founder and crypto entrepreneur Joseph Lubin is confident that Ether won’t be classified as a security in the United States.
Cointelegraph spoke with Lubin, Ethereum co-founder and founder of blockchain tech firm ConsenSys, in Tel Aviv at the…
https://cryptoinsight.ae/ethereum-co-founder-joe-lubin-says-no-chance-eth-is-classed-as-security/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.06 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $21,688.79 (-0.8%)
Ethereum ~ $1,519.50 (-1.8%)
Solana ~ $20.30 (-2.6%)
Polkadot ~ $6.21 (-0.7%)
Flow ~ $1.02 (0.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.06 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $21,688.79 (-0.8%)
Ethereum ~ $1,519.50 (-1.8%)
Solana ~ $20.30 (-2.6%)
Polkadot ~ $6.21 (-0.7%)
Flow ~ $1.02 (0.9%)
Follow and subscribe - @GulfCryptoInsight
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Bitcoin price correction was overdue — Analysts outline why the end of 2023 will be bullish
BTC and the crypto market will continue to battle with strong headwinds, but analysts explain why Q3 and Q4 of 2023 could turn out well for Bitcoin.
Bitcoin price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in January, but it’s safe…
https://cryptoinsight.ae/bitcoin-price-correction-was-overdue-analysts-outline-why-the-end-of-2023-will-be-bullish/
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BTC and the crypto market will continue to battle with strong headwinds, but analysts explain why Q3 and Q4 of 2023 could turn out well for Bitcoin.
Bitcoin price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in January, but it’s safe…
https://cryptoinsight.ae/bitcoin-price-correction-was-overdue-analysts-outline-why-the-end-of-2023-will-be-bullish/
Website | Twitter | LinkedIn | Telegram
Fed governor Waller says crypto ecosystem has distinct parts with varying potential
Christopher Waller praised the emerging applications of distributed ledger technology, smart contracts and tokenization, but he changed his tune for crypto assets.
The parts that make up the cryptocurrency ecosystem are not all equal, United States Federal Reserve Board governor Christopher Waller told a conference audience on Feb. 10. He had clear preferences among the…
https://cryptoinsight.ae/fed-governor-waller-says-crypto-ecosystem-has-distinct-parts-with-varying-potential/
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Christopher Waller praised the emerging applications of distributed ledger technology, smart contracts and tokenization, but he changed his tune for crypto assets.
The parts that make up the cryptocurrency ecosystem are not all equal, United States Federal Reserve Board governor Christopher Waller told a conference audience on Feb. 10. He had clear preferences among the…
https://cryptoinsight.ae/fed-governor-waller-says-crypto-ecosystem-has-distinct-parts-with-varying-potential/
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What is a coinbase transaction?
What are coinbase transactions
Not to be confused with the cryptocurrency exchange Coinbase, the term “coinbase transaction” refers to a particular type of transaction that occurs in every new block of a blockchain.
Coinbase transactions are a key part of the system that blockchains utilize to introduce new currencies that have never been sent into…
https://cryptoinsight.ae/what-is-a-coinbase-transaction/
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What are coinbase transactions
Not to be confused with the cryptocurrency exchange Coinbase, the term “coinbase transaction” refers to a particular type of transaction that occurs in every new block of a blockchain.
Coinbase transactions are a key part of the system that blockchains utilize to introduce new currencies that have never been sent into…
https://cryptoinsight.ae/what-is-a-coinbase-transaction/
Website | Twitter | LinkedIn | Telegram
What does the future of Web3 look like to SafePal CEO Veronica Wong?
As crypto winter and numerous disasters plagued 2022, what is next in Web3 space in 2023?
As the world moves toward a more digital future, the concept of Web3 and its potential to revolutionize the internet has become a hot topic in the tech industry. In this interview, SafePal CEO Veronica Wong, shares her insights…
https://cryptoinsight.ae/what-does-the-future-of-web3-look-like-to-safepal-ceo-veronica-wong/
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As crypto winter and numerous disasters plagued 2022, what is next in Web3 space in 2023?
As the world moves toward a more digital future, the concept of Web3 and its potential to revolutionize the internet has become a hot topic in the tech industry. In this interview, SafePal CEO Veronica Wong, shares her insights…
https://cryptoinsight.ae/what-does-the-future-of-web3-look-like-to-safepal-ceo-veronica-wong/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.07 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $21,815.17 (0.6%)
Ethereum ~ $1,535.15 (1.1%)
Solana ~ $20.85 (2.8%)
Polkadot ~ $6.25 (0.6%)
Flow ~ $1.05 (2.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.07 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $21,815.17 (0.6%)
Ethereum ~ $1,535.15 (1.1%)
Solana ~ $20.85 (2.8%)
Polkadot ~ $6.25 (0.6%)
Flow ~ $1.05 (2.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin is already in its ‘next bull market cycle’ — Pantera Capital
This cycle’s Bitcoin and altcoin lows are behind us, Pantera CEO Dan Morehead says as he looks to a “year of rebuilding trust.“
Bitcoin is beginning its “seventh bull cycle,” and investors should not be scared of crypto post-FTX, Pantera Capital believes.
In its latest “Blockchain Letter” on Feb. 8, the asset management firm’s CEO,…
https://cryptoinsight.ae/bitcoin-is-already-in-its-next-bull-market-cycle-pantera-capital/
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This cycle’s Bitcoin and altcoin lows are behind us, Pantera CEO Dan Morehead says as he looks to a “year of rebuilding trust.“
Bitcoin is beginning its “seventh bull cycle,” and investors should not be scared of crypto post-FTX, Pantera Capital believes.
In its latest “Blockchain Letter” on Feb. 8, the asset management firm’s CEO,…
https://cryptoinsight.ae/bitcoin-is-already-in-its-next-bull-market-cycle-pantera-capital/
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This layer 1 blockchain offers a unique decentralized interoperability solution
Blockchain interoperability is essential for the industry, but current solutions such as bridges are quite vulnerable. So what is the solution?
Blockchain interoperability is one of the most important goals to ensure that the industry becomes future-proofed. Smooth cross-chain communication and flow of value are essential for efficient transactions and use cases. By addressing the…
https://cryptoinsight.ae/this-layer-1-blockchain-offers-a-unique-decentralized-interoperability-solution/
Website | Twitter | LinkedIn | Telegram
Blockchain interoperability is essential for the industry, but current solutions such as bridges are quite vulnerable. So what is the solution?
Blockchain interoperability is one of the most important goals to ensure that the industry becomes future-proofed. Smooth cross-chain communication and flow of value are essential for efficient transactions and use cases. By addressing the…
https://cryptoinsight.ae/this-layer-1-blockchain-offers-a-unique-decentralized-interoperability-solution/
Website | Twitter | LinkedIn | Telegram
France’s top modern art museum to display CryptoPunks, Autoglyphs NFTs
A new exhibition targeting the intersection of art and blockchain will open this spring at the Centre Pompidou, home of the first collection of modern art in Europe.
Paris’s leading contemporary art museum, the Centre Pompidou announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible…
https://cryptoinsight.ae/frances-top-modern-art-museum-to-display-cryptopunks-autoglyphs-nfts/
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A new exhibition targeting the intersection of art and blockchain will open this spring at the Centre Pompidou, home of the first collection of modern art in Europe.
Paris’s leading contemporary art museum, the Centre Pompidou announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible…
https://cryptoinsight.ae/frances-top-modern-art-museum-to-display-cryptopunks-autoglyphs-nfts/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.06 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $21,849.44 (0.2%)
Ethereum ~ $1,520.23 (-1.0%)
Solana ~ $21.04 (0.9%)
Polkadot ~ $6.21 (-0.5%)
Flow ~ $1.03 (-1.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.06 Trillion, a -0.2% change in the last 24 hours
Bitcoin ~ $21,849.44 (0.2%)
Ethereum ~ $1,520.23 (-1.0%)
Solana ~ $21.04 (0.9%)
Polkadot ~ $6.21 (-0.5%)
Flow ~ $1.03 (-1.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Are stablecoins securities? Well, its not so simple, say lawyers
One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage, hedging, and staking opportunities.
Recently reported planned enforcement action against Paxos by the United States Securities and Exchange Commission (SEC) over Binance USD has many in the community questioning how the regulator could see a…
https://cryptoinsight.ae/are-stablecoins-securities-well-its-not-so-simple-say-lawyers/
Website | Twitter | LinkedIn | Telegram
One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage, hedging, and staking opportunities.
Recently reported planned enforcement action against Paxos by the United States Securities and Exchange Commission (SEC) over Binance USD has many in the community questioning how the regulator could see a…
https://cryptoinsight.ae/are-stablecoins-securities-well-its-not-so-simple-say-lawyers/
Website | Twitter | LinkedIn | Telegram
Wormhole hacker moves another $46M of stolen funds
The Wormhole exploiter appears to be seeking arbitrage opportunities with Ethereum-pegged assets.
The ill-gotten crypto from one of the industry’s largest exploits is on the move again, with on-chain data showing another $46 million of stolen funds has just shifted from the hacker’s wallet.
The Wormhole attack was the third largest crypto hack in 2022…
https://cryptoinsight.ae/wormhole-hacker-moves-another-46m-of-stolen-funds/
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The Wormhole exploiter appears to be seeking arbitrage opportunities with Ethereum-pegged assets.
The ill-gotten crypto from one of the industry’s largest exploits is on the move again, with on-chain data showing another $46 million of stolen funds has just shifted from the hacker’s wallet.
The Wormhole attack was the third largest crypto hack in 2022…
https://cryptoinsight.ae/wormhole-hacker-moves-another-46m-of-stolen-funds/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.05 Trillion, a -1.3% change in the last 24 hours
Bitcoin ~ $21,736.54 (-0.5%)
Ethereum ~ $1,504.18 (-1.0%)
Solana ~ $20.96 (-0.4%)
Polkadot ~ $6.12 (-1.5%)
Flow ~ $1.03 (-0.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.05 Trillion, a -1.3% change in the last 24 hours
Bitcoin ~ $21,736.54 (-0.5%)
Ethereum ~ $1,504.18 (-1.0%)
Solana ~ $20.96 (-0.4%)
Polkadot ~ $6.12 (-1.5%)
Flow ~ $1.03 (-0.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO
If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion.
Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves.
In a Feb.…
https://cryptoinsight.ae/bitcoin-could-hit-10m-in-9-years-but-more-sidechains-needed-blockstream-ceo/
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If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion.
Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves.
In a Feb.…
https://cryptoinsight.ae/bitcoin-could-hit-10m-in-9-years-but-more-sidechains-needed-blockstream-ceo/
Website | Twitter | LinkedIn | Telegram
UAE central bank to issue CBDC as part of its financial transformation program
The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments.
The Central Bank of the United Arab Emirates (CBUAE) is planning to launch a central bank digital currency (CBDC) for cross-border and domestic use as part of the first of its newly-launched financial infrastructure transformation (FIT) program.…
https://cryptoinsight.ae/uae-central-bank-to-issue-cbdc-as-part-of-its-financial-transformation-program/
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The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments.
The Central Bank of the United Arab Emirates (CBUAE) is planning to launch a central bank digital currency (CBDC) for cross-border and domestic use as part of the first of its newly-launched financial infrastructure transformation (FIT) program.…
https://cryptoinsight.ae/uae-central-bank-to-issue-cbdc-as-part-of-its-financial-transformation-program/
Website | Twitter | LinkedIn | Telegram
You don’t see that every day: Empty Bitcoin block found
Don’t be fooled by its emptiness: Block 776,339 plays as important a role as busier blocks in the Bitcoin blockchain.
Bitcoin is known for its robustness, security and predictability. Every 10 minutes — on average — the blockchain produces a new block, and the successful miner earns a block reward of 6.25 Bitcoin, around $130,000.…
https://cryptoinsight.ae/you-dont-see-that-every-day-empty-bitcoin-block-found/
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Don’t be fooled by its emptiness: Block 776,339 plays as important a role as busier blocks in the Bitcoin blockchain.
Bitcoin is known for its robustness, security and predictability. Every 10 minutes — on average — the blockchain produces a new block, and the successful miner earns a block reward of 6.25 Bitcoin, around $130,000.…
https://cryptoinsight.ae/you-dont-see-that-every-day-empty-bitcoin-block-found/
Website | Twitter | LinkedIn | Telegram
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown on BUSD issuer Paxos.
Crypto financial services Matrixport’s head of research believes the recent scrutiny of Paxos and its Binance USD token is not a direct attack on stablecoins themselves.
In a Feb. 14 analysis, Matrixport’s Markus…
https://cryptoinsight.ae/stablecoins-not-the-target-in-busd-crackdown-matrixport-head-of-research/
Website | Twitter | LinkedIn | Telegram
Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown on BUSD issuer Paxos.
Crypto financial services Matrixport’s head of research believes the recent scrutiny of Paxos and its Binance USD token is not a direct attack on stablecoins themselves.
In a Feb. 14 analysis, Matrixport’s Markus…
https://cryptoinsight.ae/stablecoins-not-the-target-in-busd-crackdown-matrixport-head-of-research/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 2.6% change in the last 24 hours
Bitcoin ~ $22,150.56 (1.7%)
Ethereum ~ $1,551.47 (3.0%)
Solana ~ $21.65 (3.2%)
Polkadot ~ $6.20 (1.3%)
Flow ~ $1.05 (2.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 2.6% change in the last 24 hours
Bitcoin ~ $22,150.56 (1.7%)
Ethereum ~ $1,551.47 (3.0%)
Solana ~ $21.65 (3.2%)
Polkadot ~ $6.20 (1.3%)
Flow ~ $1.05 (2.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram