Ethereum’s next upgrade: Prague-Electra (Pectra)
What is the Ethereum Prague-Electra (Pectra) upgrade?
Ethereum’s Pectra upgrade combines two separate upgrades: the Prague upgrade and the Electra upgrade.
The Prague upgrade is focused on changes to the network’s execution layer, with the Electra upgrade impacting the consensus layer. These upgrades, when combined, are collectively referred to as the “Pectra” upgrade.
The Pectra…
https://cryptoinsight.ae/ethereums-next-upgrade-prague-electra-pectra/
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What is the Ethereum Prague-Electra (Pectra) upgrade?
Ethereum’s Pectra upgrade combines two separate upgrades: the Prague upgrade and the Electra upgrade.
The Prague upgrade is focused on changes to the network’s execution layer, with the Electra upgrade impacting the consensus layer. These upgrades, when combined, are collectively referred to as the “Pectra” upgrade.
The Pectra…
https://cryptoinsight.ae/ethereums-next-upgrade-prague-electra-pectra/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.58 Trillion, a 0.5% change in the last 24 hours
Bitcoin ~ $67,453.45 (0.2%)
Ethereum ~ $3,500.33 (-0.3%)
Solana ~ $151.89 (0.9%)
Polkadot ~ $6.56 (2.5%)
Flow ~ $0.7539 (-0.6%)
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Day started from:
The global cryptocurrency market cap today is $2.58 Trillion, a 0.5% change in the last 24 hours
Bitcoin ~ $67,453.45 (0.2%)
Ethereum ~ $3,500.33 (-0.3%)
Solana ~ $151.89 (0.9%)
Polkadot ~ $6.56 (2.5%)
Flow ~ $0.7539 (-0.6%)
Follow and subscribe - @GulfCryptoInsight
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TON is paving a path to the future for crypto
The road of tech giants embracing blockchain is littered with failures. Just look at Meta, which abandoned plans to launch the Diem stablecoin after three messy years and an almighty backlash.
But there are bright spots — and projects showing a lot more promise. The Open Network (TON) — formerly known as Telegram Open Network…
https://cryptoinsight.ae/ton-is-paving-a-path-to-the-future-for-crypto/
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The road of tech giants embracing blockchain is littered with failures. Just look at Meta, which abandoned plans to launch the Diem stablecoin after three messy years and an almighty backlash.
But there are bright spots — and projects showing a lot more promise. The Open Network (TON) — formerly known as Telegram Open Network…
https://cryptoinsight.ae/ton-is-paving-a-path-to-the-future-for-crypto/
Website | Twitter | LinkedIn | Telegram
OKX investigates multimillion account thefts after SIM swap attacks
The OKX cryptocurrency exchange and security partner SlowMist are investigating a multi-million dollar exploit that resulted in two stolen user accounts.
The investigation pertains to the theft of two OKX exchange accounts on June 9 through an SMS attack, also known as a SIM swap. This information was reported by Yu Xian, founder of SlowMist,…
https://cryptoinsight.ae/okx-investigates-multimillion-account-thefts-after-sim-swap-attacks/
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The OKX cryptocurrency exchange and security partner SlowMist are investigating a multi-million dollar exploit that resulted in two stolen user accounts.
The investigation pertains to the theft of two OKX exchange accounts on June 9 through an SMS attack, also known as a SIM swap. This information was reported by Yu Xian, founder of SlowMist,…
https://cryptoinsight.ae/okx-investigates-multimillion-account-thefts-after-sim-swap-attacks/
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Bitcoin Runes outperforms BRC-20 in onchain activity
While Bitcoin takes up the lion’s share of its blockchain network on most days, a clear winner has emerged from the bandwidth war between the Bitcoin standards — Ordinals, BRC-20 and Runes.
Onchain activity is a good indicator of real-time market demand and overall community interest. Since its launch on April 20, Runes, a standard…
https://cryptoinsight.ae/bitcoin-runes-outperforms-brc-20-in-onchain-activity/
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While Bitcoin takes up the lion’s share of its blockchain network on most days, a clear winner has emerged from the bandwidth war between the Bitcoin standards — Ordinals, BRC-20 and Runes.
Onchain activity is a good indicator of real-time market demand and overall community interest. Since its launch on April 20, Runes, a standard…
https://cryptoinsight.ae/bitcoin-runes-outperforms-brc-20-in-onchain-activity/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.57 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $67,056.92 (-0.5%)
Ethereum ~ $3,518.96 (-0.5%)
Solana ~ $148.17 (-2.5%)
Polkadot ~ $6.41 (-2.4%)
Flow ~ $0.7414 (-1.8%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.57 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $67,056.92 (-0.5%)
Ethereum ~ $3,518.96 (-0.5%)
Solana ~ $148.17 (-2.5%)
Polkadot ~ $6.41 (-2.4%)
Flow ~ $0.7414 (-1.8%)
Follow and subscribe - @GulfCryptoInsight
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Holograph fell 80% in 9 hours after exploiter mints 1B additional HLG
Blockchain tokenization platform Holograph’s native token fell as much as 79.4% after a malicious actor hacked the protocol’s operator contract and minted 1 billion HLG tokens worth $14.4 million.
Holograph’s X account confirmed the hack on June 14. It revealed that it has since patched up the initial exploit and is working with cryptocurrency exchange…
https://cryptoinsight.ae/holograph-fell-80-in-9-hours-after-exploiter-mints-1b-additional-hlg/
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Blockchain tokenization platform Holograph’s native token fell as much as 79.4% after a malicious actor hacked the protocol’s operator contract and minted 1 billion HLG tokens worth $14.4 million.
Holograph’s X account confirmed the hack on June 14. It revealed that it has since patched up the initial exploit and is working with cryptocurrency exchange…
https://cryptoinsight.ae/holograph-fell-80-in-9-hours-after-exploiter-mints-1b-additional-hlg/
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Memecoins are a ‘cornerstone’ of crypto — Galaxy’s Novogratz
Galaxy Digital CEO Michael Novogratz has reiterated his support for memecoins, calling it a “cornerstone” of the cryptocurrency industry in a post on X.
Not everyone agrees, though, with many still labeling them as just “silly casino chips.”
“So people are making fortunes and there are two ways to make fortunes in memecoin investing,” Novogratz…
https://cryptoinsight.ae/memecoins-are-a-cornerstone-of-crypto-galaxys-novogratz/
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Galaxy Digital CEO Michael Novogratz has reiterated his support for memecoins, calling it a “cornerstone” of the cryptocurrency industry in a post on X.
Not everyone agrees, though, with many still labeling them as just “silly casino chips.”
“So people are making fortunes and there are two ways to make fortunes in memecoin investing,” Novogratz…
https://cryptoinsight.ae/memecoins-are-a-cornerstone-of-crypto-galaxys-novogratz/
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Zero-knowledge Manta Network launches $50M ecosystem fund
Manta Network, the layer-2 modular network for zero-knowledge applications, has established a $50 million ecosystem fund through its parent, Manta Foundation, to accelerate project development on its blockchain.
“The $50 million allocation will last for one year starting from June 15th,” Manta wrote. “All applicants who successfully receive our grant or direct investment will fall…
https://cryptoinsight.ae/zero-knowledge-manta-network-launches-50m-ecosystem-fund/
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Manta Network, the layer-2 modular network for zero-knowledge applications, has established a $50 million ecosystem fund through its parent, Manta Foundation, to accelerate project development on its blockchain.
“The $50 million allocation will last for one year starting from June 15th,” Manta wrote. “All applicants who successfully receive our grant or direct investment will fall…
https://cryptoinsight.ae/zero-knowledge-manta-network-launches-50m-ecosystem-fund/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.53 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $66,195.21 (-0.7%)
Ethereum ~ $3,491.86 (-0.1%)
Solana ~ $144.16 (-2.2%)
Polkadot ~ $6.16 (-3.4%)
Flow ~ $0.7105 (-2.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.53 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $66,195.21 (-0.7%)
Ethereum ~ $3,491.86 (-0.1%)
Solana ~ $144.16 (-2.2%)
Polkadot ~ $6.16 (-3.4%)
Flow ~ $0.7105 (-2.6%)
Follow and subscribe - @GulfCryptoInsight
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Traders: Ethereum is the ‘most bullish altcoin’ as ETH reclaims $3.5K
Ether’s price is trading 15% below the multi-year high of $4,091, reached on March 21. The second-largest cryptocurrency by market capitalization has been on a downtrend, losing 7.5% of its value over the last seven days.
Despite this performance, analysts believe that Ether still remains one of the altcoins displaying the most upside potential at…
https://cryptoinsight.ae/traders-ethereum-is-the-most-bullish-altcoin-as-eth-reclaims-3-5k/
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Ether’s price is trading 15% below the multi-year high of $4,091, reached on March 21. The second-largest cryptocurrency by market capitalization has been on a downtrend, losing 7.5% of its value over the last seven days.
Despite this performance, analysts believe that Ether still remains one of the altcoins displaying the most upside potential at…
https://cryptoinsight.ae/traders-ethereum-is-the-most-bullish-altcoin-as-eth-reclaims-3-5k/
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Wall Street must be accountable for Bitcoin mining emissions — Greenpeace
Major financial institutions on Wall Street should be held responsible for bankrolling the emissions-heavy Bitcoin mining industry, according to a new report by Greenpeace USA.
The report, titled “Bankrolling Bitcoin Pollution: How Big Finance Supports a New Climate Threat” from the environment-focused nongovernment organization (NGO), differs from previous Greenpeace papers on the Bitcoin mining industry.…
https://cryptoinsight.ae/wall-street-must-be-accountable-for-bitcoin-mining-emissions-greenpeace/
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Major financial institutions on Wall Street should be held responsible for bankrolling the emissions-heavy Bitcoin mining industry, according to a new report by Greenpeace USA.
The report, titled “Bankrolling Bitcoin Pollution: How Big Finance Supports a New Climate Threat” from the environment-focused nongovernment organization (NGO), differs from previous Greenpeace papers on the Bitcoin mining industry.…
https://cryptoinsight.ae/wall-street-must-be-accountable-for-bitcoin-mining-emissions-greenpeace/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.55 Trillion, a 0.2% change in the last 24 hours
Bitcoin ~ $66,202.88 (-0.1%)
Ethereum ~ $3,564.80 (0.7%)
Solana ~ $144.36 (-0.3%)
Polkadot ~ $6.22 (-0.2%)
Flow ~ $0.7235 (0.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.55 Trillion, a 0.2% change in the last 24 hours
Bitcoin ~ $66,202.88 (-0.1%)
Ethereum ~ $3,564.80 (0.7%)
Solana ~ $144.36 (-0.3%)
Polkadot ~ $6.22 (-0.2%)
Flow ~ $0.7235 (0.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Vitalik Buterin endorses TiTok AI for onchain image storage
Ethereum co-founder Vitalik Buterin has endorsed the new Token for Image Tokenizer (TiTok) compression method for its potential blockchain application.
Not to be confused with the social media platform TikTok, the new TiTok compression method significantly reduces image size, making it more practical for storage on the blockchain.
Buterin highlighted TiTok’s blockchain potential on the…
https://cryptoinsight.ae/vitalik-buterin-endorses-titok-ai-for-onchain-image-storage/
Website | Twitter | LinkedIn | Telegram
Ethereum co-founder Vitalik Buterin has endorsed the new Token for Image Tokenizer (TiTok) compression method for its potential blockchain application.
Not to be confused with the social media platform TikTok, the new TiTok compression method significantly reduces image size, making it more practical for storage on the blockchain.
Buterin highlighted TiTok’s blockchain potential on the…
https://cryptoinsight.ae/vitalik-buterin-endorses-titok-ai-for-onchain-image-storage/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.54 Trillion, a 0.0% change in the last 24 hours
Bitcoin ~ $66,168.45 (0.0%)
Ethereum ~ $3,561.25 (0.0%)
Solana ~ $147.11 (2.0%)
Polkadot ~ $6.28 (1.0%)
Flow ~ $0.6951 (-3.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.54 Trillion, a 0.0% change in the last 24 hours
Bitcoin ~ $66,168.45 (0.0%)
Ethereum ~ $3,561.25 (0.0%)
Solana ~ $147.11 (2.0%)
Polkadot ~ $6.28 (1.0%)
Flow ~ $0.6951 (-3.9%)
Follow and subscribe - @GulfCryptoInsight
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ZkSync defends Sybil measures as Binance offers own ZK token airdrop
Ethereum zero-knowledge layer-2 scaling platform zkSync has continued to defend criticism over the criteria for its zkSync (ZK) token airdrop, slated to launch on June 17.
In a frequently asked questions (FAQ) document updated on June 15, ZK Nation answered 15 questions mostly aimed at explaining why some groups were eligible for the token while…
https://cryptoinsight.ae/zksync-defends-sybil-measures-as-binance-offers-own-zk-token-airdrop/
Website | Twitter | LinkedIn | Telegram
Ethereum zero-knowledge layer-2 scaling platform zkSync has continued to defend criticism over the criteria for its zkSync (ZK) token airdrop, slated to launch on June 17.
In a frequently asked questions (FAQ) document updated on June 15, ZK Nation answered 15 questions mostly aimed at explaining why some groups were eligible for the token while…
https://cryptoinsight.ae/zksync-defends-sybil-measures-as-binance-offers-own-zk-token-airdrop/
Website | Twitter | LinkedIn | Telegram
Ethereum scaling ecosystem’s combined TPS hits new all-time high
The Ethereum ecosystem’s combined transactions per second (TPS) has exploded to a new all-time high, thanks to a sudden TPS spike in a relatively unknown Ethereum layer 3.
L2BEAT data shows that the Ethereum scaling networks, including layer-2 and layer-3 blockchains, registered a combined 246.18 TPS on June 16, which equates to an estimated 21.2…
https://cryptoinsight.ae/ethereum-scaling-ecosystems-combined-tps-hits-new-all-time-high/
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The Ethereum ecosystem’s combined transactions per second (TPS) has exploded to a new all-time high, thanks to a sudden TPS spike in a relatively unknown Ethereum layer 3.
L2BEAT data shows that the Ethereum scaling networks, including layer-2 and layer-3 blockchains, registered a combined 246.18 TPS on June 16, which equates to an estimated 21.2…
https://cryptoinsight.ae/ethereum-scaling-ecosystems-combined-tps-hits-new-all-time-high/
Website | Twitter | LinkedIn | Telegram
Crypto startup funding eclipses $100B
More than $100 billion has been raised for cryptocurrency startups since the end of May 2014.
Looking back, there have been highs and lows amid regulatory uncertainty and market volatility. But the past four years have seen both the ceiling and floor raised despite continuing peaks and troughs.
Data sourced from TVL aggregator DefiLlama shows…
https://cryptoinsight.ae/crypto-startup-funding-eclipses-100b/
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More than $100 billion has been raised for cryptocurrency startups since the end of May 2014.
Looking back, there have been highs and lows amid regulatory uncertainty and market volatility. But the past four years have seen both the ceiling and floor raised despite continuing peaks and troughs.
Data sourced from TVL aggregator DefiLlama shows…
https://cryptoinsight.ae/crypto-startup-funding-eclipses-100b/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.48 Trillion, a -2.7% change in the last 24 hours
Bitcoin ~ $65,665.46 (-0.9%)
Ethereum ~ $3,449.16 (-3.3%)
Solana ~ $136.91 (-7.0%)
Polkadot ~ $5.79 (-7.8%)
Flow ~ $0.6067 (-12.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.48 Trillion, a -2.7% change in the last 24 hours
Bitcoin ~ $65,665.46 (-0.9%)
Ethereum ~ $3,449.16 (-3.3%)
Solana ~ $136.91 (-7.0%)
Polkadot ~ $5.79 (-7.8%)
Flow ~ $0.6067 (-12.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
41% of top ZK airdrop wallets have already sold everything: Nansen
Nearly half of the top wallets that received the new zkSync (ZK) token on Monday have already sold their entire allocation in the airdrop, contributing to a 34.5% fall in the price of ZK since its launch.
Data from blockchain analytics firm Nansen shows that nearly 41% of tracked addresses sold their entire airdrop, while…
https://cryptoinsight.ae/41-of-top-zk-airdrop-wallets-have-already-sold-everything-nansen/
Website | Twitter | LinkedIn | Telegram
Nearly half of the top wallets that received the new zkSync (ZK) token on Monday have already sold their entire allocation in the airdrop, contributing to a 34.5% fall in the price of ZK since its launch.
Data from blockchain analytics firm Nansen shows that nearly 41% of tracked addresses sold their entire airdrop, while…
https://cryptoinsight.ae/41-of-top-zk-airdrop-wallets-have-already-sold-everything-nansen/
Website | Twitter | LinkedIn | Telegram