SEC proposes tougher rules as part of its crypto custody crackdown
The new proposals set forth by the Gensler-led Securities and Exchange Commission seek to “expand the scope” of rules set out by the 2009 Custody Rules.
A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult for cryptocurrency firms to…
https://cryptoinsight.ae/sec-proposes-tougher-rules-as-part-of-its-crypto-custody-crackdown/
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The new proposals set forth by the Gensler-led Securities and Exchange Commission seek to “expand the scope” of rules set out by the 2009 Custody Rules.
A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult for cryptocurrency firms to…
https://cryptoinsight.ae/sec-proposes-tougher-rules-as-part-of-its-crypto-custody-crackdown/
Website | Twitter | LinkedIn | Telegram
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 ~ $23,709.45 (-4.0%)
Ethereum ~ $1,657.10 (-2.3%)
Solana ~ $22.60 (-5.1%)
Polkadot ~ $6.70 (0.4%)
Flow ~ $1.16 (-2.6%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.14 Trillion, a -2.8% change in the last 24 hours
Bitcoin ~ $23,709.45 (-4.0%)
Ethereum ~ $1,657.10 (-2.3%)
Solana ~ $22.60 (-5.1%)
Polkadot ~ $6.70 (0.4%)
Flow ~ $1.16 (-2.6%)
Follow and subscribe - @GulfCryptoInsight
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California regulator launches complaint-based crypto scam tracker
The regulator receives thousands of consumer and investor complaints about possible crypto scams each year, and it appears it’s done something with the information.
The California Department of Financial Protection and Innovation has launched a new crypto scam tracker to help traders and investors spot possible industry threats.
zDFPI launched the tracker on Feb. 16.…
https://cryptoinsight.ae/california-regulator-launches-complaint-based-crypto-scam-tracker/
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The regulator receives thousands of consumer and investor complaints about possible crypto scams each year, and it appears it’s done something with the information.
The California Department of Financial Protection and Innovation has launched a new crypto scam tracker to help traders and investors spot possible industry threats.
zDFPI launched the tracker on Feb. 16.…
https://cryptoinsight.ae/california-regulator-launches-complaint-based-crypto-scam-tracker/
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Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year
Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis.
Cryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part of “pump and dump” schemes in 2022.
A Feb. 16 report from blockchain analytics firm Chainalysis…
https://cryptoinsight.ae/crypto-investors-spent-4-6b-buying-pump-and-dump-tokens-last-year/
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Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis.
Cryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part of “pump and dump” schemes in 2022.
A Feb. 16 report from blockchain analytics firm Chainalysis…
https://cryptoinsight.ae/crypto-investors-spent-4-6b-buying-pump-and-dump-tokens-last-year/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.17 Trillion, a 3.3% change in the last 24 hours
Bitcoin ~ $24,654.71 (4.0%)
Ethereum ~ $1,699.29 (2.5%)
Solana ~ $23.44 (3.7%)
Polkadot ~ $7.32 (9.3%)
Flow ~ $1.36 (18.2%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $1.17 Trillion, a 3.3% change in the last 24 hours
Bitcoin ~ $24,654.71 (4.0%)
Ethereum ~ $1,699.29 (2.5%)
Solana ~ $23.44 (3.7%)
Polkadot ~ $7.32 (9.3%)
Flow ~ $1.36 (18.2%)
Follow and subscribe - @GulfCryptoInsight
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Dexible aggregator hacked for $2M via ‘selfSwap’ function
The buggy function was intended to allow users to provide their own routing information, but the code did not limit routers to a preapproved list.
The multichain exchange aggregator Dexible has been hit by an exploit, and $2 million worth of cryptocurrency has been lost as a result, according to a Feb. 17 post-mortem report…
https://cryptoinsight.ae/dexible-aggregator-hacked-for-2m-via-selfswap-function/
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The buggy function was intended to allow users to provide their own routing information, but the code did not limit routers to a preapproved list.
The multichain exchange aggregator Dexible has been hit by an exploit, and $2 million worth of cryptocurrency has been lost as a result, according to a Feb. 17 post-mortem report…
https://cryptoinsight.ae/dexible-aggregator-hacked-for-2m-via-selfswap-function/
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Russia to roll out CBDC pilot with real consumers in April
Russia’s central bank is preparing to launch the first consumer pilot for the digital ruble in collaboration with 13 local banks.
The Bank of Russia is preparing to roll out the first consumer pilot for the nation’s central bank digital currency (CBDC) on April 1, 2023.
Russia’s central bank is set to soon debut the…
https://cryptoinsight.ae/russia-to-roll-out-cbdc-pilot-with-real-consumers-in-april/
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Russia’s central bank is preparing to launch the first consumer pilot for the digital ruble in collaboration with 13 local banks.
The Bank of Russia is preparing to roll out the first consumer pilot for the nation’s central bank digital currency (CBDC) on April 1, 2023.
Russia’s central bank is set to soon debut the…
https://cryptoinsight.ae/russia-to-roll-out-cbdc-pilot-with-real-consumers-in-april/
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Top 11 greatest investors of all time
Discover the top 11 greatest investors of all time who have achieved unparalleled success in the financial world.
Learning from the greatest investors of all time can provide valuable insights into successful investment strategies and philosophies. Their success stories and experiences can inspire and guide new investors. Studying their methods can help individuals develop their…
https://cryptoinsight.ae/top-11-greatest-investors-of-all-time/
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Discover the top 11 greatest investors of all time who have achieved unparalleled success in the financial world.
Learning from the greatest investors of all time can provide valuable insights into successful investment strategies and philosophies. Their success stories and experiences can inspire and guide new investors. Studying their methods can help individuals develop their…
https://cryptoinsight.ae/top-11-greatest-investors-of-all-time/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.18 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $24,739.03 (0.3%)
Ethereum ~ $1,700.00 (0.1%)
Solana ~ $23.81 (1.6%)
Polkadot ~ $7.32 (-0.2%)
Flow ~ $1.32 (-3.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.18 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $24,739.03 (0.3%)
Ethereum ~ $1,700.00 (0.1%)
Solana ~ $23.81 (1.6%)
Polkadot ~ $7.32 (-0.2%)
Flow ~ $1.32 (-3.1%)
Follow and subscribe - @GulfCryptoInsight
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Bitcoin faces do-or-die weekly, monthly close with macro bull trend at stake
Bitcoin monthly RSI provides a window of hope as BTC bulls battle multiple long-term resistance trend lines at once in February.
Bitcoin is leaving traders guessing as the future of the bull market depends on the last week of February.
In multiple tweets on Feb. 17, popular trader and analyst Rekt Capital flagged crucial resistance…
https://cryptoinsight.ae/bitcoin-faces-do-or-die-weekly-monthly-close-with-macro-bull-trend-at-stake/
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Bitcoin monthly RSI provides a window of hope as BTC bulls battle multiple long-term resistance trend lines at once in February.
Bitcoin is leaving traders guessing as the future of the bull market depends on the last week of February.
In multiple tweets on Feb. 17, popular trader and analyst Rekt Capital flagged crucial resistance…
https://cryptoinsight.ae/bitcoin-faces-do-or-die-weekly-monthly-close-with-macro-bull-trend-at-stake/
Website | Twitter | LinkedIn | Telegram
The economics of cryptocurrency mining: Costs, revenues and market trends
Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry.
Mining refers to the process of verifying and adding new transactions to a blockchain network, such as in the case of Bitcoin or other cryptocurrencies. The economics of mining refers to the economic incentives and costs associated…
https://cryptoinsight.ae/the-economics-of-cryptocurrency-mining-costs-revenues-and-market-trends/
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Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry.
Mining refers to the process of verifying and adding new transactions to a blockchain network, such as in the case of Bitcoin or other cryptocurrencies. The economics of mining refers to the economic incentives and costs associated…
https://cryptoinsight.ae/the-economics-of-cryptocurrency-mining-costs-revenues-and-market-trends/
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DeFi security: How trustless bridges can help protect users
Trustless bridges enable cross-chain transfers without needing a centralized custodian, potentially making it a safer option for interoperability.
Blockchain bridges allow decentralized finance (DeFi) users to use the same tokens across multiple blockchains. For example, a trader can use USD Coin on the Ethereum or Solana blockchains to interact with the decentralized applications (DApps) on…
https://cryptoinsight.ae/defi-security-how-trustless-bridges-can-help-protect-users/
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Trustless bridges enable cross-chain transfers without needing a centralized custodian, potentially making it a safer option for interoperability.
Blockchain bridges allow decentralized finance (DeFi) users to use the same tokens across multiple blockchains. For example, a trader can use USD Coin on the Ethereum or Solana blockchains to interact with the decentralized applications (DApps) on…
https://cryptoinsight.ae/defi-security-how-trustless-bridges-can-help-protect-users/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.17 Trillion, a -0.1% change in the last 24 hours
Bitcoin ~ $24,502.70 (-0.9%)
Ethereum ~ $1,692.31 (-0.6%)
Solana ~ $26.49 (11.9%)
Polkadot ~ $7.48 (2.0%)
Flow ~ $1.41 (6.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.17 Trillion, a -0.1% change in the last 24 hours
Bitcoin ~ $24,502.70 (-0.9%)
Ethereum ~ $1,692.31 (-0.6%)
Solana ~ $26.49 (11.9%)
Polkadot ~ $7.48 (2.0%)
Flow ~ $1.41 (6.0%)
Follow and subscribe - @GulfCryptoInsight
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Crypto’s next bull run will come from the East: Gemini co-founder
Gemini co-founder Cameron Winklevoss believes the next crypto bull run will come from Asia, while America has two options — embrace crypto or be left behind.
Crypto’s next bull run will start in Asia, according to Cameron Winklevoss, an American investor and co-founder of crypto exchange Gemini.
His comments have come amid an increase in…
https://cryptoinsight.ae/cryptos-next-bull-run-will-come-from-the-east-gemini-co-founder/
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Gemini co-founder Cameron Winklevoss believes the next crypto bull run will come from Asia, while America has two options — embrace crypto or be left behind.
Crypto’s next bull run will start in Asia, according to Cameron Winklevoss, an American investor and co-founder of crypto exchange Gemini.
His comments have come amid an increase in…
https://cryptoinsight.ae/cryptos-next-bull-run-will-come-from-the-east-gemini-co-founder/
Website | Twitter | LinkedIn | Telegram
Bitcoin market cap ‘flips’ payments giant Visa for the 3rd time
While the collapse of FTX shaved $100 billion off of BTC’s market cap in just four days last year, BTC has managed to fully recover and stack on another $65 billion.
A 48% Bitcoin price surge since the start of the year has pushed BTC’s market cap past that of payment processing giant Visa once…
https://cryptoinsight.ae/bitcoin-market-cap-flips-payments-giant-visa-for-the-3rd-time/
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While the collapse of FTX shaved $100 billion off of BTC’s market cap in just four days last year, BTC has managed to fully recover and stack on another $65 billion.
A 48% Bitcoin price surge since the start of the year has pushed BTC’s market cap past that of payment processing giant Visa once…
https://cryptoinsight.ae/bitcoin-market-cap-flips-payments-giant-visa-for-the-3rd-time/
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‘Privacy has become a taboo,’ says crypto-anarchist project DarkFi
A group of pseudonymous developers from DarkFi spoke with Cointelegraph about how crypto is evolving amid privacy challenges, bad actors and government oversight.
Pierre-Joseph Proudhon introduced one of the first critiques of centralized authority in 1848, a few years after publishing his now-classic book What is Property? and calling for the abolition of property and…
https://cryptoinsight.ae/privacy-has-become-a-taboo-says-crypto-anarchist-project-darkfi/
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A group of pseudonymous developers from DarkFi spoke with Cointelegraph about how crypto is evolving amid privacy challenges, bad actors and government oversight.
Pierre-Joseph Proudhon introduced one of the first critiques of centralized authority in 1848, a few years after publishing his now-classic book What is Property? and calling for the abolition of property and…
https://cryptoinsight.ae/privacy-has-become-a-taboo-says-crypto-anarchist-project-darkfi/
Website | Twitter | LinkedIn | Telegram
What is a supernet, and how does it work?
A supernet or umbrella network combines multiple smaller networks or blockchains into one larger network.
Supernets enable communication among distinct blockchain networks, considerably improving the usefulness of the overall system by enabling the transfer of assets and data among different blockchains.
Furthermore, shared infrastructure and resources can be made possible by interconnected networks, which can…
https://cryptoinsight.ae/what-is-a-supernet-and-how-does-it-work/
Website | Twitter | LinkedIn | Telegram
A supernet or umbrella network combines multiple smaller networks or blockchains into one larger network.
Supernets enable communication among distinct blockchain networks, considerably improving the usefulness of the overall system by enabling the transfer of assets and data among different blockchains.
Furthermore, shared infrastructure and resources can be made possible by interconnected networks, which can…
https://cryptoinsight.ae/what-is-a-supernet-and-how-does-it-work/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.19 Trillion, a 1.3% change in the last 24 hours
Bitcoin ~ $24,951.92 (1.8%)
Ethereum ~ $1,699.34 (0.5%)
Solana ~ $25.92 (-2.1%)
Polkadot ~ $7.47 (-0.1%)
Flow ~ $1.40 (-0.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.19 Trillion, a 1.3% change in the last 24 hours
Bitcoin ~ $24,951.92 (1.8%)
Ethereum ~ $1,699.34 (0.5%)
Solana ~ $25.92 (-2.1%)
Polkadot ~ $7.47 (-0.1%)
Flow ~ $1.40 (-0.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Bitcoin ‘fixes democracy’ and fights corruption: Human Rights Foundation
Human Rights Foundation CSO argues that Bitcoin represents free speech, property rights and open capital markets — stifling the power of tyrannical governments.
Bitcoin fixes broken democracies and fights government corruption by limiting its power to control its people, argues Bitcoin advocate and chief strategy officer of the Human Rights Foundation, Alex Gladstein.
In a…
https://cryptoinsight.ae/bitcoin-fixes-democracy-and-fights-corruption-human-rights-foundation/
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Human Rights Foundation CSO argues that Bitcoin represents free speech, property rights and open capital markets — stifling the power of tyrannical governments.
Bitcoin fixes broken democracies and fights government corruption by limiting its power to control its people, argues Bitcoin advocate and chief strategy officer of the Human Rights Foundation, Alex Gladstein.
In a…
https://cryptoinsight.ae/bitcoin-fixes-democracy-and-fights-corruption-human-rights-foundation/
Website | Twitter | LinkedIn | Telegram
Modular blockchains could be the next hot crypto market trend in 2023
As the crypto industry recovers, a new generation of modular blockchains could replace centralized bridges and exchanges.
The public blockchain sector grew from less than a few million dollars in the last decade to a $1 trillion industry. However, one thing that the space has yet to achieve is a decentralized, secure interoperable solution.
Let’s…
https://cryptoinsight.ae/modular-blockchains-could-be-the-next-hot-crypto-market-trend-in-2023/
Website | Twitter | LinkedIn | Telegram
As the crypto industry recovers, a new generation of modular blockchains could replace centralized bridges and exchanges.
The public blockchain sector grew from less than a few million dollars in the last decade to a $1 trillion industry. However, one thing that the space has yet to achieve is a decentralized, secure interoperable solution.
Let’s…
https://cryptoinsight.ae/modular-blockchains-could-be-the-next-hot-crypto-market-trend-in-2023/
Website | Twitter | LinkedIn | Telegram