Hello there!
Day started from:
The global cryptocurrency market cap today is $2.26 Trillion, a 0.2% change in the last 24 hours
Bitcoin ~ $60,899.37 (0.3%)
Ethereum ~ $2,674.76 (1.9%)
Solana ~ $145.12 (1.8%)
Polkadot ~ $4.74 (1.5%)
Flow ~ $0.5836 (2.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.26 Trillion, a 0.2% change in the last 24 hours
Bitcoin ~ $60,899.37 (0.3%)
Ethereum ~ $2,674.76 (1.9%)
Solana ~ $145.12 (1.8%)
Polkadot ~ $4.74 (1.5%)
Flow ~ $0.5836 (2.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
DBS Bank pilots blockchain-based government grants
Singapore’s DBS Bank launched a solution that uses blockchain technology to streamline the disbursement of government grants.
DBS Bank announced that in the pilot, it collaborated with Enterprise Singapore (ESG), a statutory board under the Ministry of Trade and Industry of the Government of Singapore and the Singapore Fintech Association (SFA), which promotes financial technology…
https://cryptoinsight.ae/dbs-bank-pilots-blockchain-based-government-grants/
Website | Twitter | LinkedIn | Telegram
Singapore’s DBS Bank launched a solution that uses blockchain technology to streamline the disbursement of government grants.
DBS Bank announced that in the pilot, it collaborated with Enterprise Singapore (ESG), a statutory board under the Ministry of Trade and Industry of the Government of Singapore and the Singapore Fintech Association (SFA), which promotes financial technology…
https://cryptoinsight.ae/dbs-bank-pilots-blockchain-based-government-grants/
Website | Twitter | LinkedIn | Telegram
ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research
Ethereum’s Dencun upgrade in March has reportedly had the unintentional consequence of increased transaction failures across layer-2 networks.
In a post on X on Aug. 22, Galaxy researcher Christine Kim delved into the impact of data blobs following the Ethereum Dencun upgrade in mid-March.
She referred to an in-depth analysis by crypto investment firm Galaxy,…
https://cryptoinsight.ae/eth-dencun-upgrade-attracts-more-l2-bots-and-failed-txs-galaxy-research/
Website | Twitter | LinkedIn | Telegram
Ethereum’s Dencun upgrade in March has reportedly had the unintentional consequence of increased transaction failures across layer-2 networks.
In a post on X on Aug. 22, Galaxy researcher Christine Kim delved into the impact of data blobs following the Ethereum Dencun upgrade in mid-March.
She referred to an in-depth analysis by crypto investment firm Galaxy,…
https://cryptoinsight.ae/eth-dencun-upgrade-attracts-more-l2-bots-and-failed-txs-galaxy-research/
Website | Twitter | LinkedIn | Telegram
Magic Eden Foundation launches ME token for cross-chain trading
The Magic Eden (ME) Foundation has announced the upcoming launch of the ME token, a new token designed to support Web3 consumer decentralized applications (DApps) via cross-chain digital asset trading.
According to a press release shared with Cointelegraph, the ME Foundation’s mission is to help develop the ME decentralized autonomous organization (DAO) protocols “with community-led…
https://cryptoinsight.ae/magic-eden-foundation-launches-me-token-for-cross-chain-trading/
Website | Twitter | LinkedIn | Telegram
The Magic Eden (ME) Foundation has announced the upcoming launch of the ME token, a new token designed to support Web3 consumer decentralized applications (DApps) via cross-chain digital asset trading.
According to a press release shared with Cointelegraph, the ME Foundation’s mission is to help develop the ME decentralized autonomous organization (DAO) protocols “with community-led…
https://cryptoinsight.ae/magic-eden-foundation-launches-me-token-for-cross-chain-trading/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.35 Trillion, a 3.1% change in the last 24 hours
Bitcoin ~ $64,000.00 (5.2%)
Ethereum ~ $2,758.74 (3.1%)
Solana ~ $154.54 (6.5%)
Polkadot ~ $4.87 (2.9%)
Flow ~ $0.6061 (3.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.35 Trillion, a 3.1% change in the last 24 hours
Bitcoin ~ $64,000.00 (5.2%)
Ethereum ~ $2,758.74 (3.1%)
Solana ~ $154.54 (6.5%)
Polkadot ~ $4.87 (2.9%)
Flow ~ $0.6061 (3.8%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Soneium blockchain launched by Sony to attract Web3 developers
Sony Block Solutions Labs, a joint venture between the Sony Group and Singapore-based Startale Labs, has announced the development of the new layer-2 blockchain, “Soneium.” The blockchain aims to attract app developers from various sectors, including entertainment, gaming, finance and more.
According to a joint statement by Sony Group and Startale, the Soneium testnet would…
https://cryptoinsight.ae/soneium-blockchain-launched-by-sony-to-attract-web3-developers/
Website | Twitter | LinkedIn | Telegram
Sony Block Solutions Labs, a joint venture between the Sony Group and Singapore-based Startale Labs, has announced the development of the new layer-2 blockchain, “Soneium.” The blockchain aims to attract app developers from various sectors, including entertainment, gaming, finance and more.
According to a joint statement by Sony Group and Startale, the Soneium testnet would…
https://cryptoinsight.ae/soneium-blockchain-launched-by-sony-to-attract-web3-developers/
Website | Twitter | LinkedIn | Telegram
Synthetix betting on new ‘multi-collateral’ perps ahead of Arbitrum rollout
Synthetix is betting that its ability to accept a variety of tokens as collateral will differentiate its v3 derivatives platform as it launches in Arbitrum’s competitive decentralized finance (DeFi) ecosystem, Matt Losquadro, a Synthetix core contributor, told Cointelegraph.
“Arbitrum is the home of DeFi derivatives. There’s no doubt about that. There’s a large number of…
https://cryptoinsight.ae/synthetix-betting-on-new-multi-collateral-perps-ahead-of-arbitrum-rollout/
Website | Twitter | LinkedIn | Telegram
Synthetix is betting that its ability to accept a variety of tokens as collateral will differentiate its v3 derivatives platform as it launches in Arbitrum’s competitive decentralized finance (DeFi) ecosystem, Matt Losquadro, a Synthetix core contributor, told Cointelegraph.
“Arbitrum is the home of DeFi derivatives. There’s no doubt about that. There’s a large number of…
https://cryptoinsight.ae/synthetix-betting-on-new-multi-collateral-perps-ahead-of-arbitrum-rollout/
Website | Twitter | LinkedIn | Telegram
Satoshi vs physics: How quantum Bitcoin miners could make ASIC obsolete
The Bitcoin mining hardware race could be on the cusp of entering its equivalent of the atomic era as the quantum computing sector matures.
While today’s quantum computers are largely experimental, recent advances in quantum chip technology and hybrid artificial intelligence functions have pushed the field forward faster than many scientists predicted.
One of the…
https://cryptoinsight.ae/satoshi-vs-physics-how-quantum-bitcoin-miners-could-make-asic-obsolete/
Website | Twitter | LinkedIn | Telegram
The Bitcoin mining hardware race could be on the cusp of entering its equivalent of the atomic era as the quantum computing sector matures.
While today’s quantum computers are largely experimental, recent advances in quantum chip technology and hybrid artificial intelligence functions have pushed the field forward faster than many scientists predicted.
One of the…
https://cryptoinsight.ae/satoshi-vs-physics-how-quantum-bitcoin-miners-could-make-asic-obsolete/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.35 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $64,107.57 (0.1%)
Ethereum ~ $2,760.19 (0.0%)
Solana ~ $157.96 (2.2%)
Polkadot ~ $4.86 (-0.2%)
Flow ~ $0.6047 (-0.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.35 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $64,107.57 (0.1%)
Ethereum ~ $2,760.19 (0.0%)
Solana ~ $157.96 (2.2%)
Polkadot ~ $4.86 (-0.2%)
Flow ~ $0.6047 (-0.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Hong Kong Bitcoin ETFs top $250M AUM
Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have surpassed 2 billion Hong Kong dollars (roughly $256 million) in assets under management (AUM).
The Hong Kong Bitcoin ETFs have had a relatively slow start compared to their United States counterparts.
According to data from SoSo Value, the three spot BTC ETFs in Hong Kong experienced a…
https://cryptoinsight.ae/hong-kong-bitcoin-etfs-top-250m-aum/
Website | Twitter | LinkedIn | Telegram
Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have surpassed 2 billion Hong Kong dollars (roughly $256 million) in assets under management (AUM).
The Hong Kong Bitcoin ETFs have had a relatively slow start compared to their United States counterparts.
According to data from SoSo Value, the three spot BTC ETFs in Hong Kong experienced a…
https://cryptoinsight.ae/hong-kong-bitcoin-etfs-top-250m-aum/
Website | Twitter | LinkedIn | Telegram
DNA computing breakthrough could turn living cells into functioning blockchains
In the not-so-far future it may be possible to run entire computer networks inside of living cells thanks to a recent breakthrough in molecular computing from scientists in the US.
According to research published on Aug 22., a team of scientists at North Carolina State University and Johns Hopkins University have built a functional DNA…
https://cryptoinsight.ae/dna-computing-breakthrough-could-turn-living-cells-into-functioning-blockchains/
Website | Twitter | LinkedIn | Telegram
In the not-so-far future it may be possible to run entire computer networks inside of living cells thanks to a recent breakthrough in molecular computing from scientists in the US.
According to research published on Aug 22., a team of scientists at North Carolina State University and Johns Hopkins University have built a functional DNA…
https://cryptoinsight.ae/dna-computing-breakthrough-could-turn-living-cells-into-functioning-blockchains/
Website | Twitter | LinkedIn | Telegram
Whatever happened to the 10 biggest projects from the ICO era?
Three out of 10 of the biggest projects launched during the initial coin offering (ICO) era are now inactive or dead, and most of the rest are struggling to find relevancy.
An examination of the big winners during the ICO mania has revealed that raising millions doesn’t solve all your problems, and sometimes, it makes…
https://cryptoinsight.ae/whatever-happened-to-the-10-biggest-projects-from-the-ico-era/
Website | Twitter | LinkedIn | Telegram
Three out of 10 of the biggest projects launched during the initial coin offering (ICO) era are now inactive or dead, and most of the rest are struggling to find relevancy.
An examination of the big winners during the ICO mania has revealed that raising millions doesn’t solve all your problems, and sometimes, it makes…
https://cryptoinsight.ae/whatever-happened-to-the-10-biggest-projects-from-the-ico-era/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.35 Trillion, a -1.7% change in the last 24 hours
Bitcoin ~ $63,900.11 (-0.3%)
Ethereum ~ $2,739.53 (-0.8%)
Solana ~ $158.85 (0.7%)
Polkadot ~ $4.77 (-2.0%)
Flow ~ $0.5986 (-1.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.35 Trillion, a -1.7% change in the last 24 hours
Bitcoin ~ $63,900.11 (-0.3%)
Ethereum ~ $2,739.53 (-0.8%)
Solana ~ $158.85 (0.7%)
Polkadot ~ $4.77 (-2.0%)
Flow ~ $0.5986 (-1.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
US trustee challenges FTX reorganization plan, citing legal concerns
The ongoing FTX reorganization proceedings have taken a new turn as the United States trustee overseeing the case has raised significant objections to the crypto exchange’s amended reorganization plan.
The trustee, Andrew Vara, along with a group of creditors, has filed complaints highlighting multiple flaws in the proposed plan, which the FTX estate has touted…
https://cryptoinsight.ae/us-trustee-challenges-ftx-reorganization-plan-citing-legal-concerns/
Website | Twitter | LinkedIn | Telegram
The ongoing FTX reorganization proceedings have taken a new turn as the United States trustee overseeing the case has raised significant objections to the crypto exchange’s amended reorganization plan.
The trustee, Andrew Vara, along with a group of creditors, has filed complaints highlighting multiple flaws in the proposed plan, which the FTX estate has touted…
https://cryptoinsight.ae/us-trustee-challenges-ftx-reorganization-plan-citing-legal-concerns/
Website | Twitter | LinkedIn | Telegram
ETH once pumped 6X months after a big Ethereum Foundation sale: Arkham
The price of Ether once surged over 500% in the months after a huge Ethereum Foundation sale of ETH, according to blockchain tracing firm Arkham Intelligence — though there’s no telling what will happen this time.
“The Ethereum Foundation famously sold the top in both May and November 2021. But in 2020, they sold 100K…
https://cryptoinsight.ae/eth-once-pumped-6x-months-after-a-big-ethereum-foundation-sale-arkham/
Website | Twitter | LinkedIn | Telegram
The price of Ether once surged over 500% in the months after a huge Ethereum Foundation sale of ETH, according to blockchain tracing firm Arkham Intelligence — though there’s no telling what will happen this time.
“The Ethereum Foundation famously sold the top in both May and November 2021. But in 2020, they sold 100K…
https://cryptoinsight.ae/eth-once-pumped-6x-months-after-a-big-ethereum-foundation-sale-arkham/
Website | Twitter | LinkedIn | Telegram
Stakeholders urge Nigeria to adopt compliance-focused crypto regulation
Local crypto stakeholders have voiced strong support for a regulatory framework centered on compliance rather than criminalization for Nigeria’s cryptocurrency industry.
Obinna Iwuno, former president of the Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), has emerged as a key advocate for a more balanced and constructive approach to crypto regulation in the country.
Plea…
https://cryptoinsight.ae/stakeholders-urge-nigeria-to-adopt-compliance-focused-crypto-regulation/
Website | Twitter | LinkedIn | Telegram
Local crypto stakeholders have voiced strong support for a regulatory framework centered on compliance rather than criminalization for Nigeria’s cryptocurrency industry.
Obinna Iwuno, former president of the Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), has emerged as a key advocate for a more balanced and constructive approach to crypto regulation in the country.
Plea…
https://cryptoinsight.ae/stakeholders-urge-nigeria-to-adopt-compliance-focused-crypto-regulation/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.31 Trillion, a -2.3% change in the last 24 hours
Bitcoin ~ $63,047.46 (-1.4%)
Ethereum ~ $2,693.66 (-1.7%)
Solana ~ $158.84 (-0.1%)
Polkadot ~ $4.64 (-2.6%)
Flow ~ $0.5869 (-1.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.31 Trillion, a -2.3% change in the last 24 hours
Bitcoin ~ $63,047.46 (-1.4%)
Ethereum ~ $2,693.66 (-1.7%)
Solana ~ $158.84 (-0.1%)
Polkadot ~ $4.64 (-2.6%)
Flow ~ $0.5869 (-1.9%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Base hits 1M daily active addresses as Basenames takes off
Coinbase layer-2 network Base has topped 1 million daily active addresses amid a massive surge in the number of new “basenames” registered on the blockchain.
Base reached a record 1.05 million daily active addresses on Aug. 24 and has fallen slightly to 1.03 million daily active users as of the time of publication.
This figure…
https://cryptoinsight.ae/base-hits-1m-daily-active-addresses-as-basenames-takes-off/
Website | Twitter | LinkedIn | Telegram
Coinbase layer-2 network Base has topped 1 million daily active addresses amid a massive surge in the number of new “basenames” registered on the blockchain.
Base reached a record 1.05 million daily active addresses on Aug. 24 and has fallen slightly to 1.03 million daily active users as of the time of publication.
This figure…
https://cryptoinsight.ae/base-hits-1m-daily-active-addresses-as-basenames-takes-off/
Website | Twitter | LinkedIn | Telegram
Rumpel Labs to launch platform for tokenizing airdrop points
Rumpel Labs will launch a new decentralized finance (DeFi) protocol in September to enable users to tokenize and trade airdrop points, according to an Aug. 26 announcement.
Backed by venture capital firms including Dragonfly and Variant, Rumpel “aims to improve liquidity and price discovery for offchain loyalty points, unlocking new opportunities for point holders, traders,…
https://cryptoinsight.ae/rumpel-labs-to-launch-platform-for-tokenizing-airdrop-points/
Website | Twitter | LinkedIn | Telegram
Rumpel Labs will launch a new decentralized finance (DeFi) protocol in September to enable users to tokenize and trade airdrop points, according to an Aug. 26 announcement.
Backed by venture capital firms including Dragonfly and Variant, Rumpel “aims to improve liquidity and price discovery for offchain loyalty points, unlocking new opportunities for point holders, traders,…
https://cryptoinsight.ae/rumpel-labs-to-launch-platform-for-tokenizing-airdrop-points/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.18 Trillion, a -7.0% change in the last 24 hours
Bitcoin ~ $59,254.34 (-6.0%)
Ethereum ~ $2,466.49 (-8.4%)
Solana ~ $147.21 (-7.2%)
Polkadot ~ $4.37(-5.8%)
Flow ~ $0.5412 (-7.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.18 Trillion, a -7.0% change in the last 24 hours
Bitcoin ~ $59,254.34 (-6.0%)
Ethereum ~ $2,466.49 (-8.4%)
Solana ~ $147.21 (-7.2%)
Polkadot ~ $4.37(-5.8%)
Flow ~ $0.5412 (-7.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram