Aptos launches keyless wallets that use ZK-proofs to verify identities
According to a July 3 announcement, the Aptos blockchain has launched a web-hosted keyless wallet application that uses ZK-proofs to verify users. Called “Aptos Connect,” the new wallet allows users to connect to decentralized applications using a Google login without needing hardware security modules, passkeys, or a multiparty computation network.
According to the announcement, Aptos…
https://cryptoinsight.ae/aptos-launches-keyless-wallets-that-use-zk-proofs-to-verify-identities/
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According to a July 3 announcement, the Aptos blockchain has launched a web-hosted keyless wallet application that uses ZK-proofs to verify users. Called “Aptos Connect,” the new wallet allows users to connect to decentralized applications using a Google login without needing hardware security modules, passkeys, or a multiparty computation network.
According to the announcement, Aptos…
https://cryptoinsight.ae/aptos-launches-keyless-wallets-that-use-zk-proofs-to-verify-identities/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.17 Trillion, a 3.5% change in the last 24 hours
Bitcoin ~ $56,378.79 (3.4%)
Ethereum ~ $2,973.78 (3.2%)
Solana ~ $134.70 (6.5%)
Polkadot ~ $5.74 (9.0%)
Flow ~ $0.5072 (4.4%)
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Day started from:
The global cryptocurrency market cap today is $2.17 Trillion, a 3.5% change in the last 24 hours
Bitcoin ~ $56,378.79 (3.4%)
Ethereum ~ $2,973.78 (3.2%)
Solana ~ $134.70 (6.5%)
Polkadot ~ $5.74 (9.0%)
Flow ~ $0.5072 (4.4%)
Follow and subscribe - @GulfCryptoInsight
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Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold — Analyst
Most of the Bitcoin being repaid by defunct exchange Mt. Gox will likely be sold, threatening to cause more downside pressure on the price of Bitcoin.
The Mt. Gox repayments could add $8.2 billion worth of additional selling pressure to the Bitcoin price, according to finance analyst Jacob King.
The analyst said that onchain movements…
https://cryptoinsight.ae/up-to-99-of-mt-goxs-8-2b-bitcoin-could-be-sold-analyst/
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Most of the Bitcoin being repaid by defunct exchange Mt. Gox will likely be sold, threatening to cause more downside pressure on the price of Bitcoin.
The Mt. Gox repayments could add $8.2 billion worth of additional selling pressure to the Bitcoin price, according to finance analyst Jacob King.
The analyst said that onchain movements…
https://cryptoinsight.ae/up-to-99-of-mt-goxs-8-2b-bitcoin-could-be-sold-analyst/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.22 Trillion, a 2.4% change in the last 24 hours
Bitcoin ~ $57,696.73 (2.1%)
Ethereum ~ $3,033.58 (1.5%)
Solana ~ $140.40 (3.4%)
Polkadot ~ $6.24 (7.6%)
Flow ~ $0.5335 (3.9%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.22 Trillion, a 2.4% change in the last 24 hours
Bitcoin ~ $57,696.73 (2.1%)
Ethereum ~ $3,033.58 (1.5%)
Solana ~ $140.40 (3.4%)
Polkadot ~ $6.24 (7.6%)
Flow ~ $0.5335 (3.9%)
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Tron is building a gas-free stablecoin solution for Tron, Ethereum chains
Tron founder Justin Sun has revealed his team is building a gasless stablecoin solution to make peer-to-peer transfers free for all.
Sun hopes to integrate the stablecoin solution on the Tron blockchain this fourth quarter, followed by Ethereum and other Ethereum Virtual Machine-compatible public chains soon after.
“Transfers can be made without paying any gas…
https://cryptoinsight.ae/tron-is-building-a-gas-free-stablecoin-solution-for-tron-ethereum-chains/
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Tron founder Justin Sun has revealed his team is building a gasless stablecoin solution to make peer-to-peer transfers free for all.
Sun hopes to integrate the stablecoin solution on the Tron blockchain this fourth quarter, followed by Ethereum and other Ethereum Virtual Machine-compatible public chains soon after.
“Transfers can be made without paying any gas…
https://cryptoinsight.ae/tron-is-building-a-gas-free-stablecoin-solution-for-tron-ethereum-chains/
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Bitcoin ATM network shrinks by 334 machines in 40 days
Coinciding with the decline in Bitcoin prices, the global network of active Bitcoin ATMs decreased by 334 machines in less than 40 days.
In June, 107 Bitcoin ATMs went offline, ending the 10-month trajectory of month-on-month increases in net installation. The reduction was further catalyzed in July. Within five days, as of July 5, 227…
https://cryptoinsight.ae/bitcoin-atm-network-shrinks-by-334-machines-in-40-days/
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Coinciding with the decline in Bitcoin prices, the global network of active Bitcoin ATMs decreased by 334 machines in less than 40 days.
In June, 107 Bitcoin ATMs went offline, ending the 10-month trajectory of month-on-month increases in net installation. The reduction was further catalyzed in July. Within five days, as of July 5, 227…
https://cryptoinsight.ae/bitcoin-atm-network-shrinks-by-334-machines-in-40-days/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.15 Trillion, a -3.1% change in the last 24 hours
Bitcoin ~ $55,592.64 (-3.8%)
Ethereum ~ $2,923.88 (-3.6%)
Solana ~ $133.22 (-5.2%)
Polkadot ~ $5.97 (-4.5%)
Flow ~ $0.5126 (-3.9%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.15 Trillion, a -3.1% change in the last 24 hours
Bitcoin ~ $55,592.64 (-3.8%)
Ethereum ~ $2,923.88 (-3.6%)
Solana ~ $133.22 (-5.2%)
Polkadot ~ $5.97 (-4.5%)
Flow ~ $0.5126 (-3.9%)
Follow and subscribe - @GulfCryptoInsight
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Weekend Wrap: Germany moves $80M more BTC, Vitalik donates 100 ETH and more
Germany shifts another 1,400 BTC
The German government has transferred another 1,400 Bitcoin — worth $80 million at current prices — in its latest string of Bitcoin movements.
On July 6, a wallet address associated with the German government transferred 700 BTC to an unknown wallet address. A day later, on July 7, the same…
https://cryptoinsight.ae/weekend-wrap-germany-moves-80m-more-btc-vitalik-donates-100-eth-and-more/
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Germany shifts another 1,400 BTC
The German government has transferred another 1,400 Bitcoin — worth $80 million at current prices — in its latest string of Bitcoin movements.
On July 6, a wallet address associated with the German government transferred 700 BTC to an unknown wallet address. A day later, on July 7, the same…
https://cryptoinsight.ae/weekend-wrap-germany-moves-80m-more-btc-vitalik-donates-100-eth-and-more/
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Solana has impacted Africa’s crypto market maturity — Exchange exec
Oladotun Wilfred Akangbe, the chief marketing officer of Flincap — a platform for African over-the-counter crypto exchanges — has highlighted the cryptocurrency industry’s remarkable growth and maturity, focusing mainly on Solana’s resilience and community efforts in Africa.
Akangbe told Cointelegraph that the crypto industry is steadily maturing, demonstrating its ability to withstand various challenges that…
https://cryptoinsight.ae/solana-has-impacted-africas-crypto-market-maturity-exchange-exec/
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Oladotun Wilfred Akangbe, the chief marketing officer of Flincap — a platform for African over-the-counter crypto exchanges — has highlighted the cryptocurrency industry’s remarkable growth and maturity, focusing mainly on Solana’s resilience and community efforts in Africa.
Akangbe told Cointelegraph that the crypto industry is steadily maturing, demonstrating its ability to withstand various challenges that…
https://cryptoinsight.ae/solana-has-impacted-africas-crypto-market-maturity-exchange-exec/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.23 Trillion, a 4.2% change in the last 24 hours
Bitcoin ~ $57,618.80 (3.5%)
Ethereum ~ $3,084.54 (5.3%)
Solana ~ $142.74 (7.1%)
Polkadot ~ $6.04 (1.0%)
Flow ~ $0.5352 (4.4%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.23 Trillion, a 4.2% change in the last 24 hours
Bitcoin ~ $57,618.80 (3.5%)
Ethereum ~ $3,084.54 (5.3%)
Solana ~ $142.74 (7.1%)
Polkadot ~ $6.04 (1.0%)
Flow ~ $0.5352 (4.4%)
Follow and subscribe - @GulfCryptoInsight
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Dubai Customs launches blockchain platform amid smart city effort
Dubai Customs has announced the launch of a new blockchain platform aimed at smoothing out supply chain friction within Dubai and across its borders.
The blockchain solution was launched as part of a broader strategy to cement Dubai’s position as a leading “smart” city, Dubai Media Office said in a July 8 statement.
“This innovation…
https://cryptoinsight.ae/dubai-customs-launches-blockchain-platform-amid-smart-city-effort/
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Dubai Customs has announced the launch of a new blockchain platform aimed at smoothing out supply chain friction within Dubai and across its borders.
The blockchain solution was launched as part of a broader strategy to cement Dubai’s position as a leading “smart” city, Dubai Media Office said in a July 8 statement.
“This innovation…
https://cryptoinsight.ae/dubai-customs-launches-blockchain-platform-amid-smart-city-effort/
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Bitcoin’s sell-off could put ETF shares on the discount rack
Bitcoin’s dramatic sell-off could present buy-and-hold bulls with a rare opportunity to scoop up BTC ETF shares at bargain-bin prices.
Spot Bitcoin prices tumbled to a four-month low on Friday of around $53,500 as markets braced for billions of dollars in impending BTC liquidations by Germany’s government and Mt. Gox, the defunct Japanese crypto exchange.…
https://cryptoinsight.ae/bitcoins-sell-off-could-put-etf-shares-on-the-discount-rack/
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Bitcoin’s dramatic sell-off could present buy-and-hold bulls with a rare opportunity to scoop up BTC ETF shares at bargain-bin prices.
Spot Bitcoin prices tumbled to a four-month low on Friday of around $53,500 as markets braced for billions of dollars in impending BTC liquidations by Germany’s government and Mt. Gox, the defunct Japanese crypto exchange.…
https://cryptoinsight.ae/bitcoins-sell-off-could-put-etf-shares-on-the-discount-rack/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.28 Trillion, a 2.8% change in the last 24 hours
Bitcoin ~ $58,975.84 (2.8%)
Ethereum ~ $3,105.16 (1.2%)
Solana ~ $144.42 (2.3%)
Polkadot ~ $6.21 (3.9%)
Flow ~ $0.5529 (4.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.28 Trillion, a 2.8% change in the last 24 hours
Bitcoin ~ $58,975.84 (2.8%)
Ethereum ~ $3,105.16 (1.2%)
Solana ~ $144.42 (2.3%)
Polkadot ~ $6.21 (3.9%)
Flow ~ $0.5529 (4.5%)
Follow and subscribe - @GulfCryptoInsight
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Ethereum’s future hinges on interoperable layer-2s
It’s almost universally agreed within the cryptosphere that the Ethereum blockchain is good – but not perfect. The vast majority of Ethereum Virtual Machine (EVM) developers agree that if the layer-1’s (L1) execution layer were fast and scalable, there would be less of a need for layer-2 (L2) solutions. Yet, we know that Ethereum’s future…
https://cryptoinsight.ae/ethereums-future-hinges-on-interoperable-layer-2s/
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It’s almost universally agreed within the cryptosphere that the Ethereum blockchain is good – but not perfect. The vast majority of Ethereum Virtual Machine (EVM) developers agree that if the layer-1’s (L1) execution layer were fast and scalable, there would be less of a need for layer-2 (L2) solutions. Yet, we know that Ethereum’s future…
https://cryptoinsight.ae/ethereums-future-hinges-on-interoperable-layer-2s/
Website | Twitter | LinkedIn | Telegram
Worldcoin invites devs to build ahead of mainnet launch in 2024
Worldcoin, the cryptocurrency and digital identity project co-founded by OpenAI CEO Sam Altman, is inching closer to a mainnet launch with the rollout of a blockchain preview for developers.
On July 9, the Worldcoin Foundation announced the launch of the World Chain developer preview, a tool providing global developers with an opportunity to start building…
https://cryptoinsight.ae/worldcoin-invites-devs-to-build-ahead-of-mainnet-launch-in-2024/
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Worldcoin, the cryptocurrency and digital identity project co-founded by OpenAI CEO Sam Altman, is inching closer to a mainnet launch with the rollout of a blockchain preview for developers.
On July 9, the Worldcoin Foundation announced the launch of the World Chain developer preview, a tool providing global developers with an opportunity to start building…
https://cryptoinsight.ae/worldcoin-invites-devs-to-build-ahead-of-mainnet-launch-in-2024/
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Crypto needs to remove friction for the next billion users: Coinbase
Bringing the first billion mainstream cryptocurrency adopters on the blockchain will first require more beginner-friendly applications.
The current user onboarding process is complicated and riddled with friction points, which is the main issue for mass crypto adoption, according to Chintan Turakhia, senior director of engineering at Coinbase.
Speaking exclusively to Cointelegraph at EthCC, Turakhia said:…
https://cryptoinsight.ae/crypto-needs-to-remove-friction-for-the-next-billion-users-coinbase/
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Bringing the first billion mainstream cryptocurrency adopters on the blockchain will first require more beginner-friendly applications.
The current user onboarding process is complicated and riddled with friction points, which is the main issue for mass crypto adoption, according to Chintan Turakhia, senior director of engineering at Coinbase.
Speaking exclusively to Cointelegraph at EthCC, Turakhia said:…
https://cryptoinsight.ae/crypto-needs-to-remove-friction-for-the-next-billion-users-coinbase/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.25 Trillion, a -1.3% change in the last 24 hours
Bitcoin ~ $57,919.68 (-1.9%)
Ethereum ~ $3,095.14 (-0.3%)
Solana ~ $140.90 (-2.0%)
Polkadot ~ $6.09 (-1.9%)
Flow ~ $0.5535 (-0.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.25 Trillion, a -1.3% change in the last 24 hours
Bitcoin ~ $57,919.68 (-1.9%)
Ethereum ~ $3,095.14 (-0.3%)
Solana ~ $140.90 (-2.0%)
Polkadot ~ $6.09 (-1.9%)
Flow ~ $0.5535 (-0.3%)
Follow and subscribe - @GulfCryptoInsight
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Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying
Bitcoin is at a “pivotal point” as several onchain metrics signal further downside, while whales experience the fastest Bitcoin accumulation rate in more than a year, according to a new CryptoQuant report.
Bitcoin has been in a downtrend since turning away from its new all-time high in March. Over the last month, Bitcoin’s price action…
https://cryptoinsight.ae/bitcoin-price-faces-major-summer-of-2021-style-correction-despite-btc-whale-buying/
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Bitcoin is at a “pivotal point” as several onchain metrics signal further downside, while whales experience the fastest Bitcoin accumulation rate in more than a year, according to a new CryptoQuant report.
Bitcoin has been in a downtrend since turning away from its new all-time high in March. Over the last month, Bitcoin’s price action…
https://cryptoinsight.ae/bitcoin-price-faces-major-summer-of-2021-style-correction-despite-btc-whale-buying/
Website | Twitter | LinkedIn | Telegram
TON ecosystem scams on the rise: How to stay safe
The Open Network (TON), a blockchain platform integrated with Telegram, has experienced record-breaking growth in 2024. The number of onchain-activated wallets surged from approximately 1 million in January to over 9 million in June.
However, TON’s massive inflow of new users has not been overlooked by scammers. In June 2024, blockchain security firm SlowMist issued…
https://cryptoinsight.ae/ton-ecosystem-scams-on-the-rise-how-to-stay-safe/
Website | Twitter | LinkedIn | Telegram
The Open Network (TON), a blockchain platform integrated with Telegram, has experienced record-breaking growth in 2024. The number of onchain-activated wallets surged from approximately 1 million in January to over 9 million in June.
However, TON’s massive inflow of new users has not been overlooked by scammers. In June 2024, blockchain security firm SlowMist issued…
https://cryptoinsight.ae/ton-ecosystem-scams-on-the-rise-how-to-stay-safe/
Website | Twitter | LinkedIn | Telegram
Starknet staking will hit mainnet in Q4 — EthCC
Eli Ben-Sasson, the CEO of StarkWare, announced at EthCC on July 10 that the company plans to introduce staking by the end of 2024 through a Starknet improvement proposal (SNIP).
If the community approves the SNIP, Starknet staking is expected to go live on testnet soon, followed by the mainnet launch in the fourth quarter.…
https://cryptoinsight.ae/starknet-staking-will-hit-mainnet-in-q4-ethcc/
Website | Twitter | LinkedIn | Telegram
Eli Ben-Sasson, the CEO of StarkWare, announced at EthCC on July 10 that the company plans to introduce staking by the end of 2024 through a Starknet improvement proposal (SNIP).
If the community approves the SNIP, Starknet staking is expected to go live on testnet soon, followed by the mainnet launch in the fourth quarter.…
https://cryptoinsight.ae/starknet-staking-will-hit-mainnet-in-q4-ethcc/
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