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/
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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/
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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/
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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/
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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%)
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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
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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/
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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/
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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/
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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/
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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/
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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/
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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
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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/
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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/
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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/
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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/
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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
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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
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Sony debuts Soneium Minato testnet, Web3 developer incubator
Sony Block Solutions Labs (Sony BSL) launched the Soneium Minato public testnet and Soneium Spark incubator on Aug. 28. The layer-2 Soneium blockchain, developed by Singapore-based Startale Labs, a Sony subsidiary, debuted a week earlier as Sony’s boldest move into the Web3 space so far.
Soneium Spark will offer developers a package of benefits that…
https://cryptoinsight.ae/sony-debuts-soneium-minato-testnet-web3-developer-incubator/
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Sony Block Solutions Labs (Sony BSL) launched the Soneium Minato public testnet and Soneium Spark incubator on Aug. 28. The layer-2 Soneium blockchain, developed by Singapore-based Startale Labs, a Sony subsidiary, debuted a week earlier as Sony’s boldest move into the Web3 space so far.
Soneium Spark will offer developers a package of benefits that…
https://cryptoinsight.ae/sony-debuts-soneium-minato-testnet-web3-developer-incubator/
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New node certification could coax more institutions into Ether staking
A consortium of crypto companies, including Coinbase and Blockdaemon, has launched a new node operator standard named NORS — with the aim of attracting more institutional investors to Ethereum staking.
In an announcement on Aug. 27, the companies announced the launch of the Node Operator Risk Standard (NORS), giving Ether node operators the chance to…
https://cryptoinsight.ae/new-node-certification-could-coax-more-institutions-into-ether-staking/
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A consortium of crypto companies, including Coinbase and Blockdaemon, has launched a new node operator standard named NORS — with the aim of attracting more institutional investors to Ethereum staking.
In an announcement on Aug. 27, the companies announced the launch of the Node Operator Risk Standard (NORS), giving Ether node operators the chance to…
https://cryptoinsight.ae/new-node-certification-could-coax-more-institutions-into-ether-staking/
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CoinDCX’s Okto wallet secures operational license in UAE free zone
Okto, the self-custodial wallet of the Indian crypto exchange CoinDCX, officially received its license from the Ras Al Khaimah Digital Assets Oasis (RAK DAO) in the United Arab Emirates.
On Aug. 27, Okto announced that it secured an operational license from RAK DAO. This allows the Web3 wallet to legally operate in the UAE. The…
https://cryptoinsight.ae/coindcxs-okto-wallet-secures-operational-license-in-uae-free-zone/
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Okto, the self-custodial wallet of the Indian crypto exchange CoinDCX, officially received its license from the Ras Al Khaimah Digital Assets Oasis (RAK DAO) in the United Arab Emirates.
On Aug. 27, Okto announced that it secured an operational license from RAK DAO. This allows the Web3 wallet to legally operate in the UAE. The…
https://cryptoinsight.ae/coindcxs-okto-wallet-secures-operational-license-in-uae-free-zone/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.19 Trillion, a -0.6% change in the last 24 hours
Bitcoin ~ $59,491.23 (0.6%)
Ethereum ~ $2,549.35 (3.4%)
Solana ~ $144.76 (-1.7%)
Polkadot ~ $4.32 (-1.1%)
Flow ~ $0.5485 (1.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.19 Trillion, a -0.6% change in the last 24 hours
Bitcoin ~ $59,491.23 (0.6%)
Ethereum ~ $2,549.35 (3.4%)
Solana ~ $144.76 (-1.7%)
Polkadot ~ $4.32 (-1.1%)
Flow ~ $0.5485 (1.3%)
Follow and subscribe - @GulfCryptoInsight
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Starknet rolls out parallel execution in latest update
Starknet, a layer-2 blockchain, has rolled out a significant upgrade dubbed version 0.13.2, introducing parallel execution to its network functionality.
According to a press release shared with Cointelegraph, the update will allow Starknet to process multiple transactions simultaneously, which is noted to be the first of an L2 network on Ethereum mainnet.
In the press…
https://cryptoinsight.ae/starknet-rolls-out-parallel-execution-in-latest-update/
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Starknet, a layer-2 blockchain, has rolled out a significant upgrade dubbed version 0.13.2, introducing parallel execution to its network functionality.
According to a press release shared with Cointelegraph, the update will allow Starknet to process multiple transactions simultaneously, which is noted to be the first of an L2 network on Ethereum mainnet.
In the press…
https://cryptoinsight.ae/starknet-rolls-out-parallel-execution-in-latest-update/
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Bitfarms assumes control of 120 MW mining mega-site in US
Bitcoin mining company Bitfarms has assumed control of its newest data center in Sharon, Pennsylvania, representing the company’s first mega-site in the United States with access to up to 120 megawatts of power capacity. With this, Bitfarms has closed on 110 megawatts (MW).
The company said it has already ordered the necessary equipment and expects…
https://cryptoinsight.ae/bitfarms-assumes-control-of-120-mw-mining-mega-site-in-us/
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Bitcoin mining company Bitfarms has assumed control of its newest data center in Sharon, Pennsylvania, representing the company’s first mega-site in the United States with access to up to 120 megawatts of power capacity. With this, Bitfarms has closed on 110 megawatts (MW).
The company said it has already ordered the necessary equipment and expects…
https://cryptoinsight.ae/bitfarms-assumes-control-of-120-mw-mining-mega-site-in-us/
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This is how Web3 gaming aims to take over traditional platforms
The gaming world is abuzz with the potential of blockchain gaming, which attracts almost 3 million daily users. The popularity of blockchain in the gaming space has sparked debates about whether it could one day rival or even replace established platforms like Steam and the Epic Games Store.
Traditional platforms have set high standards for…
https://cryptoinsight.ae/this-is-how-web3-gaming-aims-to-take-over-traditional-platforms/
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The gaming world is abuzz with the potential of blockchain gaming, which attracts almost 3 million daily users. The popularity of blockchain in the gaming space has sparked debates about whether it could one day rival or even replace established platforms like Steam and the Epic Games Store.
Traditional platforms have set high standards for…
https://cryptoinsight.ae/this-is-how-web3-gaming-aims-to-take-over-traditional-platforms/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.17 Trillion, a -2.2% change in the last 24 hours
Bitcoin ~ $58,956.02 (-1.1%)
Ethereum ~ $2,516.36 (-1.3%)
Solana ~ $138.54 (-4.2%)
Polkadot ~ $4.28 (-0.9%)
Flow ~ $0.5509 (0.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.17 Trillion, a -2.2% change in the last 24 hours
Bitcoin ~ $58,956.02 (-1.1%)
Ethereum ~ $2,516.36 (-1.3%)
Solana ~ $138.54 (-4.2%)
Polkadot ~ $4.28 (-0.9%)
Flow ~ $0.5509 (0.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Crypto.com, Standard Chartered partner for global fiat services
Crypto.com, a cryptocurrency exchange based in Singapore, has launched new global retail services in partnership with Standard Chartered Bank to offer customers United States dollars, euro and United Arab Emirates dirham options.
According to information shared with Cointelegraph, the services will enable users in over 90 countries to deposit and withdraw the aforementioned fiat currencies…
https://cryptoinsight.ae/crypto-com-standard-chartered-partner-for-global-fiat-services/
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Crypto.com, a cryptocurrency exchange based in Singapore, has launched new global retail services in partnership with Standard Chartered Bank to offer customers United States dollars, euro and United Arab Emirates dirham options.
According to information shared with Cointelegraph, the services will enable users in over 90 countries to deposit and withdraw the aforementioned fiat currencies…
https://cryptoinsight.ae/crypto-com-standard-chartered-partner-for-global-fiat-services/
Website | Twitter | LinkedIn | Telegram
Aptos network integrates Nillion for privacy-preserving apps
Aptos is integrating privacy platform Nillion to support privacy-preserving applications on the layer-1 blockchain network, Nillion told Cointelegraph on Aug. 29.
Aptos will be able to support applications such as confidential decentralized finance (DeFi), private artificial intelligence assistants, secure social media, private gaming and collectibles, and more, Nillion said.
“DeFi users could benefit from private…
https://cryptoinsight.ae/aptos-network-integrates-nillion-for-privacy-preserving-apps/
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Aptos is integrating privacy platform Nillion to support privacy-preserving applications on the layer-1 blockchain network, Nillion told Cointelegraph on Aug. 29.
Aptos will be able to support applications such as confidential decentralized finance (DeFi), private artificial intelligence assistants, secure social media, private gaming and collectibles, and more, Nillion said.
“DeFi users could benefit from private…
https://cryptoinsight.ae/aptos-network-integrates-nillion-for-privacy-preserving-apps/
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