Decentralized finance to be examined at inaugural CFTC tech advisory meeting
A panel at an upcoming advisory meeting for the financial regulator will “explore issues in decentralized finance.”
The United States commodities regulator is set to take a close look at the decentralized finance space at an upcoming meeting of its tech committee, where it has also invited crypto industry executives to present.
The Commodities Futures…
https://cryptoinsight.ae/decentralized-finance-to-be-examined-at-inaugural-cftc-tech-advisory-meeting/
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A panel at an upcoming advisory meeting for the financial regulator will “explore issues in decentralized finance.”
The United States commodities regulator is set to take a close look at the decentralized finance space at an upcoming meeting of its tech committee, where it has also invited crypto industry executives to present.
The Commodities Futures…
https://cryptoinsight.ae/decentralized-finance-to-be-examined-at-inaugural-cftc-tech-advisory-meeting/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a -3.7% change in the last 24 hours
Bitcoin ~ $22,374.67 (-4.5%)
Ethereum ~ $1,568.87 (-4.5%)
Solana ~ $21.01 (-4.3%)
Polkadot ~ $6.04 (-5.4%)
Flow ~ $1.08 (-6.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a -3.7% change in the last 24 hours
Bitcoin ~ $22,374.67 (-4.5%)
Ethereum ~ $1,568.87 (-4.5%)
Solana ~ $21.01 (-4.3%)
Polkadot ~ $6.04 (-5.4%)
Flow ~ $1.08 (-6.6%)
Follow and subscribe - @GulfCryptoInsight
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Bitcoin price slides 5% in 60 minutes amid Silvergate uncertainty
The price of BTC has fallen a steep 5% in 60 minutes in the early hours of Mar. 3, wiping $22 billion from Bitcoin’s market cap.
The price of Bitcoin (BTC) has fallen more than 5% from $23,500 to $22,240 in just over 60 minutes, amid a wave of uncertainty concerning crypto-friendly bank Silvergate Capital.…
https://cryptoinsight.ae/bitcoin-price-slides-5-in-60-minutes-amid-silvergate-uncertainty/
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The price of BTC has fallen a steep 5% in 60 minutes in the early hours of Mar. 3, wiping $22 billion from Bitcoin’s market cap.
The price of Bitcoin (BTC) has fallen more than 5% from $23,500 to $22,240 in just over 60 minutes, amid a wave of uncertainty concerning crypto-friendly bank Silvergate Capital.…
https://cryptoinsight.ae/bitcoin-price-slides-5-in-60-minutes-amid-silvergate-uncertainty/
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U.S. lawmakers argue SEC accounting policy places crypto customers at risk
While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators.
Two United States lawmakers have criticized crypto accounting guidelines outlined by the securities regulator, arguing it places crypto customers at greater risk of loss.
The guidelines came from the United States…
https://cryptoinsight.ae/u-s-lawmakers-argue-sec-accounting-policy-places-crypto-customers-at-risk/
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While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators.
Two United States lawmakers have criticized crypto accounting guidelines outlined by the securities regulator, arguing it places crypto customers at greater risk of loss.
The guidelines came from the United States…
https://cryptoinsight.ae/u-s-lawmakers-argue-sec-accounting-policy-places-crypto-customers-at-risk/
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US lawmaker behind crypto mining legislation urges Zuck not to offer metaverse to teenagers
A letter from two U.S. senators cited reports of Instagram being behind many teenagers experiencing suicidal thoughts, and Meta’s failure to stop harmful ads aimed at young adults.
Two United States senators have penned a letter asking Meta CEO Mark Zuckerberg to halt a plan to allow young adults to access the firm’s metaverse platform,…
https://cryptoinsight.ae/us-lawmaker-behind-crypto-mining-legislation-urges-zuck-not-to-offer-metaverse-to-teenagers/
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A letter from two U.S. senators cited reports of Instagram being behind many teenagers experiencing suicidal thoughts, and Meta’s failure to stop harmful ads aimed at young adults.
Two United States senators have penned a letter asking Meta CEO Mark Zuckerberg to halt a plan to allow young adults to access the firm’s metaverse platform,…
https://cryptoinsight.ae/us-lawmaker-behind-crypto-mining-legislation-urges-zuck-not-to-offer-metaverse-to-teenagers/
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How to set and achieve your financial goals
Set achievable financial objectives and use effective strategies to track progress and achieve success.
Before setting a financial goal, it’s important to have a clear understanding of your current financial situation, including income, debt, expenses and assets. Once you have a clear understanding of your current financial situation, you can start setting financial goals that…
https://cryptoinsight.ae/how-to-set-and-achieve-your-financial-goals/
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Set achievable financial objectives and use effective strategies to track progress and achieve success.
Before setting a financial goal, it’s important to have a clear understanding of your current financial situation, including income, debt, expenses and assets. Once you have a clear understanding of your current financial situation, you can start setting financial goals that…
https://cryptoinsight.ae/how-to-set-and-achieve-your-financial-goals/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $22,350.13 (-0.2%)
Ethereum ~ $1,569.02 (-0.0%)
Solana ~ $21.18 (0.8%)
Polkadot ~ $5.97 (-1.3%)
Flow ~ $1.08 (0.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $22,350.13 (-0.2%)
Ethereum ~ $1,569.02 (-0.0%)
Solana ~ $21.18 (0.8%)
Polkadot ~ $5.97 (-1.3%)
Flow ~ $1.08 (0.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
DeFi to be examined at inaugural CFTC tech advisory meeting: Finance Redefined
French police arrested two individuals in connection with the Platypus exploit in the month of February.
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.
DeFi will be in focus during the inaugural Commodity Futures Trading Commission (CFTC)…
https://cryptoinsight.ae/defi-to-be-examined-at-inaugural-cftc-tech-advisory-meeting-finance-redefined/
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French police arrested two individuals in connection with the Platypus exploit in the month of February.
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.
DeFi will be in focus during the inaugural Commodity Futures Trading Commission (CFTC)…
https://cryptoinsight.ae/defi-to-be-examined-at-inaugural-cftc-tech-advisory-meeting-finance-redefined/
Website | Twitter | LinkedIn | Telegram
Galaxy tips Bitcoin NFT market to hit $4.5B by 2025
Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market-share away from Ethereum.
In a “base case” scenario, Galaxy Digital’s research unit has tipped the burgeoning Bitcoin nonfungible token (NFT) market to hit a $4.5 billion market cap by March 2025.
Bitcoin…
https://cryptoinsight.ae/galaxy-tips-bitcoin-nft-market-to-hit-4-5b-by-2025/
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Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market-share away from Ethereum.
In a “base case” scenario, Galaxy Digital’s research unit has tipped the burgeoning Bitcoin nonfungible token (NFT) market to hit a $4.5 billion market cap by March 2025.
Bitcoin…
https://cryptoinsight.ae/galaxy-tips-bitcoin-nft-market-to-hit-4-5b-by-2025/
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Binance launches anti-scam campaign after Hong Kong pilot run
The new campaign features a withdrawal warning message that attempts to prevent users from sending their crypto to scammers.
Binance, in cooperation with law enforcement agencies, is launching a campaign to prevent scams by issuing targeted alerts to potential victims, according to a March 3 blog post from the company. The project, called the “Joint…
https://cryptoinsight.ae/binance-launches-anti-scam-campaign-after-hong-kong-pilot-run/
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The new campaign features a withdrawal warning message that attempts to prevent users from sending their crypto to scammers.
Binance, in cooperation with law enforcement agencies, is launching a campaign to prevent scams by issuing targeted alerts to potential victims, according to a March 3 blog post from the company. The project, called the “Joint…
https://cryptoinsight.ae/binance-launches-anti-scam-campaign-after-hong-kong-pilot-run/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $22,431.99 (0.2%)
Ethereum ~ $1,572.74 (0.0%)
Solana ~ $21.33 (0.6%)
Polkadot ~ $5.98 (0.0%)
Flow ~ $1.07 (-0.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 0.1% change in the last 24 hours
Bitcoin ~ $22,431.99 (0.2%)
Ethereum ~ $1,572.74 (0.0%)
Solana ~ $21.33 (0.6%)
Polkadot ~ $5.98 (0.0%)
Flow ~ $1.07 (-0.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
The crypto industry has ‘already started’ moving outside US, says Ripple CEO
Ripple’s CEO Brad Garlinghouse stated that the SEC’s lawsuit against Ripple is the regulator playing “offense” and “attacking” the industry as a whole, believing it could put the U.S. at “severe risk.”
The United States Securities and Exchange Commission’s (SEC) regulation through “enforcement,” as opposed to “doing the work,” is not a “healthy way” to…
https://cryptoinsight.ae/the-crypto-industry-has-already-started-moving-outside-us-says-ripple-ceo/
Website | Twitter | LinkedIn | Telegram
Ripple’s CEO Brad Garlinghouse stated that the SEC’s lawsuit against Ripple is the regulator playing “offense” and “attacking” the industry as a whole, believing it could put the U.S. at “severe risk.”
The United States Securities and Exchange Commission’s (SEC) regulation through “enforcement,” as opposed to “doing the work,” is not a “healthy way” to…
https://cryptoinsight.ae/the-crypto-industry-has-already-started-moving-outside-us-says-ripple-ceo/
Website | Twitter | LinkedIn | Telegram
What is the time value of money (TVM)?
Understanding the time value of money is essential for making sound financial decisions and maximizing returns on investment.
Time value of money, explained
The time value of money (TVM) is the concept that money available today is worth more than the same amount of money in the future. While inflation gradually weakens the purchasing power…
https://cryptoinsight.ae/what-is-the-time-value-of-money-tvm/
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Understanding the time value of money is essential for making sound financial decisions and maximizing returns on investment.
Time value of money, explained
The time value of money (TVM) is the concept that money available today is worth more than the same amount of money in the future. While inflation gradually weakens the purchasing power…
https://cryptoinsight.ae/what-is-the-time-value-of-money-tvm/
Website | Twitter | LinkedIn | Telegram
Forget time-consuming DeFi practices — Simple solutions for auto-farming
DeFi is still in its infancy, yet companies are competing to offer the most convenient and high revenue-generator tools. The latest developments in the space are explored.
The world of decentralized finance (DeFi) opened a vast array of new opportunities with its explosion in 2020, but it also brought new challenges and profound risks to…
https://cryptoinsight.ae/forget-time-consuming-defi-practices-simple-solutions-for-auto-farming/
Website | Twitter | LinkedIn | Telegram
DeFi is still in its infancy, yet companies are competing to offer the most convenient and high revenue-generator tools. The latest developments in the space are explored.
The world of decentralized finance (DeFi) opened a vast array of new opportunities with its explosion in 2020, but it also brought new challenges and profound risks to…
https://cryptoinsight.ae/forget-time-consuming-defi-practices-simple-solutions-for-auto-farming/
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 ~ $22,391.54 (-0.2%)
Ethereum ~ $1,562.17 (-0.5%)
Solana ~ $20.77 (-2.6%)
Polkadot ~ $5.92 (-1.0%)
Flow ~ $1.03 (-3.4%)
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 ~ $22,391.54 (-0.2%)
Ethereum ~ $1,562.17 (-0.5%)
Solana ~ $20.77 (-2.6%)
Polkadot ~ $5.92 (-1.0%)
Flow ~ $1.03 (-3.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
7 DeFi protocol hacks in Feb sees $21 million in funds pilfered: DefiLlama
DeFi platforms lost over $21 million to hackers throughout February, according to data released by DeFi project aggregator DefiLlama.
Reentrancy, price oracle attacks and exploits across seven protocols caused decentralized finance (DeFi) space to bleed at least $21 million in crypto in February.
According to DeFi-centric data analytics platform DefiLlama, one of the largest in…
https://cryptoinsight.ae/7-defi-protocol-hacks-in-feb-sees-21-million-in-funds-pilfered-defillama/
Website | Twitter | LinkedIn | Telegram
DeFi platforms lost over $21 million to hackers throughout February, according to data released by DeFi project aggregator DefiLlama.
Reentrancy, price oracle attacks and exploits across seven protocols caused decentralized finance (DeFi) space to bleed at least $21 million in crypto in February.
According to DeFi-centric data analytics platform DefiLlama, one of the largest in…
https://cryptoinsight.ae/7-defi-protocol-hacks-in-feb-sees-21-million-in-funds-pilfered-defillama/
Website | Twitter | LinkedIn | Telegram
Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko
“NFTfi,” on-chain derivative platforms, decentralized stablecoins and Ethereum L2s are four investment opportunities being looked at closely by one crypto investment firm.
Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, up 190% from 2021, while investments into centralized finance projects went the other way — falling 73% to $4.3 billion…
https://cryptoinsight.ae/crypto-funding-seen-shifting-from-cefi-to-defi-after-major-collapses-coingecko/
Website | Twitter | LinkedIn | Telegram
“NFTfi,” on-chain derivative platforms, decentralized stablecoins and Ethereum L2s are four investment opportunities being looked at closely by one crypto investment firm.
Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, up 190% from 2021, while investments into centralized finance projects went the other way — falling 73% to $4.3 billion…
https://cryptoinsight.ae/crypto-funding-seen-shifting-from-cefi-to-defi-after-major-collapses-coingecko/
Website | Twitter | LinkedIn | Telegram
Internal documents reveal Australia’s potential timeline for crypto legislation: Report
Internal documents from the Australian Treasury Department have revealed crypto legislation in the country could be a year away at the very least.
Crypto legislation in Australia could be dragged out past 2024 and beyond, with the government seemingly wanting to take its time in order to get a full picture of the industry, internal…
https://cryptoinsight.ae/internal-documents-reveal-australias-potential-timeline-for-crypto-legislation-report/
Website | Twitter | LinkedIn | Telegram
Internal documents from the Australian Treasury Department have revealed crypto legislation in the country could be a year away at the very least.
Crypto legislation in Australia could be dragged out past 2024 and beyond, with the government seemingly wanting to take its time in order to get a full picture of the industry, internal…
https://cryptoinsight.ae/internal-documents-reveal-australias-potential-timeline-for-crypto-legislation-report/
Website | Twitter | LinkedIn | Telegram
Russia-Ukraine war: How both sides of the conflict have used crypto to win
While tens of millions worth of crypto were donated to Ukraine in the last year, pro-Kremlin groups have also leveraged digital currencies to buy military supplies and spread propaganda.
In the Russia-Ukraine war, both sides of the conflict have been leveraging cryptocurrencies to achieve the upper hand.
Pro-Ukraine causes have collected around $200 million from…
https://cryptoinsight.ae/russia-ukraine-war-how-both-sides-of-the-conflict-have-used-crypto-to-win/
Website | Twitter | LinkedIn | Telegram
While tens of millions worth of crypto were donated to Ukraine in the last year, pro-Kremlin groups have also leveraged digital currencies to buy military supplies and spread propaganda.
In the Russia-Ukraine war, both sides of the conflict have been leveraging cryptocurrencies to achieve the upper hand.
Pro-Ukraine causes have collected around $200 million from…
https://cryptoinsight.ae/russia-ukraine-war-how-both-sides-of-the-conflict-have-used-crypto-to-win/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $22,469.53 (0.3%)
Ethereum ~ $1,573.77 (0.8%)
Solana ~ $20.77 (-0.1%)
Polkadot ~ $5.95 (0.4%)
Flow ~ $1.04 (1.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $1.08 Trillion, a 0.7% change in the last 24 hours
Bitcoin ~ $22,469.53 (0.3%)
Ethereum ~ $1,573.77 (0.8%)
Solana ~ $20.77 (-0.1%)
Polkadot ~ $5.95 (0.4%)
Flow ~ $1.04 (1.7%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram