Colombia’s legal system experiments in the metaverse: Report
Colombia has positioned itself at the forefront of innovative ways to conduct legal proceedings after recently hosting a trial in the metaverse.
A Colombian court recently hosted its first legal trial in the Metaverse, with the court magistrate saying it felt “more real than a video call,” according to a recent report.
According to a…
https://cryptoinsight.ae/colombias-legal-system-experiments-in-the-metaverse-report/
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Colombia has positioned itself at the forefront of innovative ways to conduct legal proceedings after recently hosting a trial in the metaverse.
A Colombian court recently hosted its first legal trial in the Metaverse, with the court magistrate saying it felt “more real than a video call,” according to a recent report.
According to a…
https://cryptoinsight.ae/colombias-legal-system-experiments-in-the-metaverse-report/
Website | Twitter | LinkedIn | Telegram
Pharma companies team up with DeSci to accelerate scientific research
Pfizer is now the first big pharma to participate in a decentralized autonomous organization (DAO).
Having emerged as a movement in the research community, Decentralized Science (DeSci) initiatives are progressing at a pace even big pharma cannot ignore. In fact, Pfizer is now the first pharmaceutical to vote on decentralized autonomous organization (DAO) proposals of…
https://cryptoinsight.ae/pharma-companies-team-up-with-desci-to-accelerate-scientific-research/
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Pfizer is now the first big pharma to participate in a decentralized autonomous organization (DAO).
Having emerged as a movement in the research community, Decentralized Science (DeSci) initiatives are progressing at a pace even big pharma cannot ignore. In fact, Pfizer is now the first pharmaceutical to vote on decentralized autonomous organization (DAO) proposals of…
https://cryptoinsight.ae/pharma-companies-team-up-with-desci-to-accelerate-scientific-research/
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Coordinated global crypto policies: G20 key financial stability priority
India’s finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms.
The first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under India’s presidency discussed key financial stability and regulatory priorities. India urged member nations to understand the macro-financial implications…
https://cryptoinsight.ae/coordinated-global-crypto-policies-g20-key-financial-stability-priority/
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India’s finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms.
The first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under India’s presidency discussed key financial stability and regulatory priorities. India urged member nations to understand the macro-financial implications…
https://cryptoinsight.ae/coordinated-global-crypto-policies-g20-key-financial-stability-priority/
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Solana faces slowdown in block production, network restarted
The issue is linked to the recent network upgrade from 1.13 to 1.14, which slowed block finalization.
Solana network faced a slowdown in block production on Fev. 25 following the upgrade in the validator software. The incident resulted in disruptions to transactions and led validators to downgrade the software in an attempt to restore network…
https://cryptoinsight.ae/solana-faces-slowdown-in-block-production-network-restarted/
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The issue is linked to the recent network upgrade from 1.13 to 1.14, which slowed block finalization.
Solana network faced a slowdown in block production on Fev. 25 following the upgrade in the validator software. The incident resulted in disruptions to transactions and led validators to downgrade the software in an attempt to restore network…
https://cryptoinsight.ae/solana-faces-slowdown-in-block-production-network-restarted/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $1.12 Trillion, a 1.2% change in the last 24 hours
Bitcoin ~ $23,417.40 (1.2%)
Ethereum ~ $1,635.91 (2.4%)
Solana ~ $22.85 (1.3%)
Polkadot ~ $6.61 (0.9%)
Flow ~ $1.21 (0.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.12 Trillion, a 1.2% change in the last 24 hours
Bitcoin ~ $23,417.40 (1.2%)
Ethereum ~ $1,635.91 (2.4%)
Solana ~ $22.85 (1.3%)
Polkadot ~ $6.61 (0.9%)
Flow ~ $1.21 (0.5%)
Follow and subscribe - @GulfCryptoInsight
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BitFlyer founder seeks to reinstate self as CEO, leading firm to IPO: Report
Despite stepping down as CEO for three years, Yuzo continued to have a significant influence on the company being the firm’s largest stakeholder.
Yuzo Kano, the co-founder of Japan-based cryptocurrency exchange bitFlyer, is seeking to reinstate himself as CEO in a shareholders meeting next month, in an apparent bid to reinvigorate what he claims is…
https://cryptoinsight.ae/bitflyer-founder-seeks-to-reinstate-self-as-ceo-leading-firm-to-ipo-report/
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Despite stepping down as CEO for three years, Yuzo continued to have a significant influence on the company being the firm’s largest stakeholder.
Yuzo Kano, the co-founder of Japan-based cryptocurrency exchange bitFlyer, is seeking to reinstate himself as CEO in a shareholders meeting next month, in an apparent bid to reinvigorate what he claims is…
https://cryptoinsight.ae/bitflyer-founder-seeks-to-reinstate-self-as-ceo-leading-firm-to-ipo-report/
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IMF prefers to regulate crypto than banning it outright: Report
On the sidelines of the G20 meeting in India, IMF managing director Kristalina Georgieva said the agency would prefer to regulate crypto than an outright ban.
The International Monetary Fund would prefer to differentiate and regulate crypto assets rather than enforce an outright ban, though the nuclear option will remain on the table for now.…
https://cryptoinsight.ae/imf-prefers-to-regulate-crypto-than-banning-it-outright-report/
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On the sidelines of the G20 meeting in India, IMF managing director Kristalina Georgieva said the agency would prefer to regulate crypto than an outright ban.
The International Monetary Fund would prefer to differentiate and regulate crypto assets rather than enforce an outright ban, though the nuclear option will remain on the table for now.…
https://cryptoinsight.ae/imf-prefers-to-regulate-crypto-than-banning-it-outright-report/
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Bitcoin may only need 4 weeks to hit $30K as key monthly close looms
Opinions vary on BTC price strength, with Bloomberg Intelligence warning that $25,000 may stay in place as major resistance.
Bitcoin sought to end the week above $23,000 into the Feb. 26 close as concerns heightened over stubborn resistance.
BTC price bulls keep faith in $30,000
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching…
https://cryptoinsight.ae/bitcoin-may-only-need-4-weeks-to-hit-30k-as-key-monthly-close-looms/
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Opinions vary on BTC price strength, with Bloomberg Intelligence warning that $25,000 may stay in place as major resistance.
Bitcoin sought to end the week above $23,000 into the Feb. 26 close as concerns heightened over stubborn resistance.
BTC price bulls keep faith in $30,000
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching…
https://cryptoinsight.ae/bitcoin-may-only-need-4-weeks-to-hit-30k-as-key-monthly-close-looms/
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FSB, IMF and BIS papers to set global crypto framework, says G20
A series of recommendations and papers setting standards for a global crypto regulatory framework will be released by the institutions in July and September.
The Financial Stability Board (FSB), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS) will deliver papers and recommendations establishing standards for a global crypto regulatory framework, the…
https://cryptoinsight.ae/fsb-imf-and-bis-papers-to-set-global-crypto-framework-says-g20/
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A series of recommendations and papers setting standards for a global crypto regulatory framework will be released by the institutions in July and September.
The Financial Stability Board (FSB), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS) will deliver papers and recommendations establishing standards for a global crypto regulatory framework, the…
https://cryptoinsight.ae/fsb-imf-and-bis-papers-to-set-global-crypto-framework-says-g20/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.12 Trillion, a -0.3% change in the last 24 hours
Bitcoin ~ $23,404.24 (-0.1%)
Ethereum ~ $1,629.43 (-0.4%)
Solana ~ $22.35 (-2.3%)
Polkadot ~ $6.54 (-1.2%)
Flow ~ $1.20 (-0.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.12 Trillion, a -0.3% change in the last 24 hours
Bitcoin ~ $23,404.24 (-0.1%)
Ethereum ~ $1,629.43 (-0.4%)
Solana ~ $22.35 (-2.3%)
Polkadot ~ $6.54 (-1.2%)
Flow ~ $1.20 (-0.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Americans ‘frustrated’ by financial system inequality, 20% own crypto: Survey
Crypto ownership among U.S. adults has remained steady over the last 12 months, with a large portion seemingly “frustrated” by the one-sided global financial system.
A whopping 80% of American adults believe the financial system favors those with “powerful interests,” while 20% currently own cryptocurrency, a new survey has revealed.
Commissioned by crypto exchange Coinbase,…
https://cryptoinsight.ae/americans-frustrated-by-financial-system-inequality-20-own-crypto-survey/
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Crypto ownership among U.S. adults has remained steady over the last 12 months, with a large portion seemingly “frustrated” by the one-sided global financial system.
A whopping 80% of American adults believe the financial system favors those with “powerful interests,” while 20% currently own cryptocurrency, a new survey has revealed.
Commissioned by crypto exchange Coinbase,…
https://cryptoinsight.ae/americans-frustrated-by-financial-system-inequality-20-own-crypto-survey/
Website | Twitter | LinkedIn | Telegram
Bitcoin bulls remain in charge even in the face of increasing regulatory FUD
BTC’s correction to $22,750 followed negative remarks from financial regulators, but key Bitcoin price metrics show bulls remain optimistic.
Bitcoin price broke above $25,000 on Feb. 21, accruing a 53% year-to-date gain. At the time, it made sense to expect the rally to continue after U.S. retail sales data from the previous week vastly surpassed…
https://cryptoinsight.ae/bitcoin-bulls-remain-in-charge-even-in-the-face-of-increasing-regulatory-fud/
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BTC’s correction to $22,750 followed negative remarks from financial regulators, but key Bitcoin price metrics show bulls remain optimistic.
Bitcoin price broke above $25,000 on Feb. 21, accruing a 53% year-to-date gain. At the time, it made sense to expect the rally to continue after U.S. retail sales data from the previous week vastly surpassed…
https://cryptoinsight.ae/bitcoin-bulls-remain-in-charge-even-in-the-face-of-increasing-regulatory-fud/
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Challenges of data accessibility in the NFT market
Lack of data accessibility is a key challenge for the NFT sector. Here is how a data analysis tool is bringing transparency and liquidity to the market.
Nonfungible tokens (NFTs) have grown into a distinct sector within the blockchain industry, but they still have to address several challenges before aiming for mass adoption. One of…
https://cryptoinsight.ae/challenges-of-data-accessibility-in-the-nft-market/
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Lack of data accessibility is a key challenge for the NFT sector. Here is how a data analysis tool is bringing transparency and liquidity to the market.
Nonfungible tokens (NFTs) have grown into a distinct sector within the blockchain industry, but they still have to address several challenges before aiming for mass adoption. One of…
https://cryptoinsight.ae/challenges-of-data-accessibility-in-the-nft-market/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.13 Trillion, a 0.9% change in the last 24 hours
Bitcoin ~ $23,699.12 (1.3%)
Ethereum ~ $1,652.69 (1.5%)
Solana ~ $22.58 (1.1%)
Polkadot ~ $6.54 (-0.1%)
Flow ~ $1.20 (-0.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.13 Trillion, a 0.9% change in the last 24 hours
Bitcoin ~ $23,699.12 (1.3%)
Ethereum ~ $1,652.69 (1.5%)
Solana ~ $22.58 (1.1%)
Polkadot ~ $6.54 (-0.1%)
Flow ~ $1.20 (-0.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Coinbase launches grassroots campaign for pro-crypto policy in the U.S.
The company provided a link for voters to sign up so that they can gain information about local politicians’ crypto policies.
Coinbase has launched a grassroots political campaign to promote pro-crypto policies, according to a Feb. 28 Twitter thread from the company.
The company said that the #Crypto435 campaign is intended to “grow the crypto…
https://cryptoinsight.ae/coinbase-launches-grassroots-campaign-for-pro-crypto-policy-in-the-u-s/
Website | Twitter | LinkedIn | Telegram
The company provided a link for voters to sign up so that they can gain information about local politicians’ crypto policies.
Coinbase has launched a grassroots political campaign to promote pro-crypto policies, according to a Feb. 28 Twitter thread from the company.
The company said that the #Crypto435 campaign is intended to “grow the crypto…
https://cryptoinsight.ae/coinbase-launches-grassroots-campaign-for-pro-crypto-policy-in-the-u-s/
Website | Twitter | LinkedIn | Telegram
Vitalik Buterin says ‘more still needs to be done’ over high Ethereum txn fees
“Good user experience is not about the average case, it is about the worst case,” wrote the Ethereum co-founder.
In a new blog post published on Feb. 28, Ethereum (ETH) co-founder Vitalik Buterin documented the continued need to improve the namesake network to better facilitate ETH as a means of payment. In one instance, Buterin…
https://cryptoinsight.ae/vitalik-buterin-says-more-still-needs-to-be-done-over-high-ethereum-txn-fees/
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“Good user experience is not about the average case, it is about the worst case,” wrote the Ethereum co-founder.
In a new blog post published on Feb. 28, Ethereum (ETH) co-founder Vitalik Buterin documented the continued need to improve the namesake network to better facilitate ETH as a means of payment. In one instance, Buterin…
https://cryptoinsight.ae/vitalik-buterin-says-more-still-needs-to-be-done-over-high-ethereum-txn-fees/
Website | Twitter | LinkedIn | Telegram
The evolution of DeFi: is a fully on-chain order book DEX a possibility?
Proving their supremacy when it comes to investor security and prioritizing investor interests is where decentralized finance has the ability to shine.
For most retail crypto investors, centralized digital marketplaces like Binance, Coinbase, Kraken, and many more have been the preferred gateway to the world of cryptocurrency trading. However, as leaked customer data like the…
https://cryptoinsight.ae/the-evolution-of-defi-is-a-fully-on-chain-order-book-dex-a-possibility/
Website | Twitter | LinkedIn | Telegram
Proving their supremacy when it comes to investor security and prioritizing investor interests is where decentralized finance has the ability to shine.
For most retail crypto investors, centralized digital marketplaces like Binance, Coinbase, Kraken, and many more have been the preferred gateway to the world of cryptocurrency trading. However, as leaked customer data like the…
https://cryptoinsight.ae/the-evolution-of-defi-is-a-fully-on-chain-order-book-dex-a-possibility/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.12 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $23,423.94 (-1.2%)
Ethereum ~ $1,642.55 (-0.6%)
Solana ~ $21.91 (-2.8%)
Polkadot ~ $6.37 (-2.6%)
Flow ~ $1.15 (-3.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.12 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $23,423.94 (-1.2%)
Ethereum ~ $1,642.55 (-0.6%)
Solana ~ $21.91 (-2.8%)
Polkadot ~ $6.37 (-2.6%)
Flow ~ $1.15 (-3.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Notorious Monkey Drainer crypto scammer says they’re ‘shutting down’
The scammer behind the crypto wallet draining kit even recommended an alternative and gave advice to budding cybercriminals.
The cryptocurrency phishing scammer behind some of the most high-profile and high-value Web3 thefts is claiming to have packed up shop and is “moving on to something better.”
The scammer by the pseudonym Monkey Drainer posted to…
https://cryptoinsight.ae/notorious-monkey-drainer-crypto-scammer-says-theyre-shutting-down/
Website | Twitter | LinkedIn | Telegram
The scammer behind the crypto wallet draining kit even recommended an alternative and gave advice to budding cybercriminals.
The cryptocurrency phishing scammer behind some of the most high-profile and high-value Web3 thefts is claiming to have packed up shop and is “moving on to something better.”
The scammer by the pseudonym Monkey Drainer posted to…
https://cryptoinsight.ae/notorious-monkey-drainer-crypto-scammer-says-theyre-shutting-down/
Website | Twitter | LinkedIn | Telegram
Polygon launches decentralized ID product powered by ZK proofs
The public launch of Polygon ID comes 12 months after it was first launched in a closed-environment to a select group of builders.
Polygon, a layer-2 scaling protocol for Ethereum, has launched a zero-knowledge decentralized identity solutionto the public nearly a year after announcing its development.
The Polygon ID service uses zero-knowledge proofs (ZK proofs)…
https://cryptoinsight.ae/polygon-launches-decentralized-id-product-powered-by-zk-proofs/
Website | Twitter | LinkedIn | Telegram
The public launch of Polygon ID comes 12 months after it was first launched in a closed-environment to a select group of builders.
Polygon, a layer-2 scaling protocol for Ethereum, has launched a zero-knowledge decentralized identity solutionto the public nearly a year after announcing its development.
The Polygon ID service uses zero-knowledge proofs (ZK proofs)…
https://cryptoinsight.ae/polygon-launches-decentralized-id-product-powered-by-zk-proofs/
Website | Twitter | LinkedIn | Telegram