Quantum-resistant network introduces ‘embedded blockchain’ approach to DePIN
Minima introduces the embedded blockchain to the DePIN ecosystem, allowing nodes to work on any device thanks to its lightweight design.
Proof-of-work (PoW) is the original blockchain consensus mechanism of the Bitcoin network and is widely praised for its security. However, the security of PoW chains is ensured by spending gigantic amounts of energy.
The…
https://cryptoinsight.ae/quantum-resistant-network-introduces-embedded-blockchain-approach-to-depin/
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Minima introduces the embedded blockchain to the DePIN ecosystem, allowing nodes to work on any device thanks to its lightweight design.
Proof-of-work (PoW) is the original blockchain consensus mechanism of the Bitcoin network and is widely praised for its security. However, the security of PoW chains is ensured by spending gigantic amounts of energy.
The…
https://cryptoinsight.ae/quantum-resistant-network-introduces-embedded-blockchain-approach-to-depin/
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Taiwan to trial crypto custody services through local banks in 2025
Taiwan is looking to advance institutional cryptocurrency adoption as local regulators aim to pilot crypto storage services through local banks.
The Financial Supervisory Commission (FSC) of Taiwan is preparing to launch an institutional trial of crypto custody services, local media Central News Agency reported on Oct. 8.
While the FSC reportedly expects to start collecting…
https://cryptoinsight.ae/taiwan-to-trial-crypto-custody-services-through-local-banks-in-2025/
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Taiwan is looking to advance institutional cryptocurrency adoption as local regulators aim to pilot crypto storage services through local banks.
The Financial Supervisory Commission (FSC) of Taiwan is preparing to launch an institutional trial of crypto custody services, local media Central News Agency reported on Oct. 8.
While the FSC reportedly expects to start collecting…
https://cryptoinsight.ae/taiwan-to-trial-crypto-custody-services-through-local-banks-in-2025/
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Bitcoin ETF options expected by Q1 2025: Bloomberg analyst
Options on Bitcoin BTC$61,113.46 exchange-traded funds (ETFs) are likely to launch in the United States by the first quarter of 2025, according to James Seyffart, a Bloomberg Intelligence analyst.
“I think before the end of the year is possible for options, but more likely in Q1 2025,” Seyffart said during an Oct. 9 panel discussion…
https://cryptoinsight.ae/bitcoin-etf-options-expected-by-q1-2025-bloomberg-analyst/
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Options on Bitcoin BTC$61,113.46 exchange-traded funds (ETFs) are likely to launch in the United States by the first quarter of 2025, according to James Seyffart, a Bloomberg Intelligence analyst.
“I think before the end of the year is possible for options, but more likely in Q1 2025,” Seyffart said during an Oct. 9 panel discussion…
https://cryptoinsight.ae/bitcoin-etf-options-expected-by-q1-2025-bloomberg-analyst/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.22 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $60,624.97 (-0.5%)
Ethereum ~ $2,407.80 (0.3%)
Solana ~ $141.21 (0.6%)
Polkadot ~ $4.08 (0.5%)
Flow ~ $0.5292 (0.1%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.22 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $60,624.97 (-0.5%)
Ethereum ~ $2,407.80 (0.3%)
Solana ~ $141.21 (0.6%)
Polkadot ~ $4.08 (0.5%)
Flow ~ $0.5292 (0.1%)
Follow and subscribe - @GulfCryptoInsight
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Web3 momentum accelerates at Binance Blockchain Week 2024 in Dubai
Binance Blockchain Week Dubai 2024 brings together leading figures in blockchain to discuss the future of Web3 and foster innovation through keynotes, interactive sessions and workshops.
Innovation rarely happens in isolation in the fast-paced world of Web3. Instead, it emerges from conversations, collaborations and the exchange of bold visions. Conferences have increasingly become the breeding…
https://cryptoinsight.ae/web3-momentum-accelerates-at-binance-blockchain-week-2024-in-dubai/
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Binance Blockchain Week Dubai 2024 brings together leading figures in blockchain to discuss the future of Web3 and foster innovation through keynotes, interactive sessions and workshops.
Innovation rarely happens in isolation in the fast-paced world of Web3. Instead, it emerges from conversations, collaborations and the exchange of bold visions. Conferences have increasingly become the breeding…
https://cryptoinsight.ae/web3-momentum-accelerates-at-binance-blockchain-week-2024-in-dubai/
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47% of traditional hedge funds maintain crypto exposure: Report
Increasing regulatory clarity around spot Bitcoin and Ether exchange-traded funds (ETFs) in the United States and Asia has encouraged almost half of traditional hedge funds to obtain exposure to digital assets.
A survey conducted by the Alternative Investment Management Association and PwC revealed that 47% of hedge fund managers trading in traditional markets have exposure…
https://cryptoinsight.ae/47-of-traditional-hedge-funds-maintain-crypto-exposure-report/
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Increasing regulatory clarity around spot Bitcoin and Ether exchange-traded funds (ETFs) in the United States and Asia has encouraged almost half of traditional hedge funds to obtain exposure to digital assets.
A survey conducted by the Alternative Investment Management Association and PwC revealed that 47% of hedge fund managers trading in traditional markets have exposure…
https://cryptoinsight.ae/47-of-traditional-hedge-funds-maintain-crypto-exposure-report/
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Dubai’s crypto regulator cracks down on unlicensed firms
Dubai’s crypto regulator has initiated a crackdown on unregulated crypto companies and firms violating its marketing rules.
On Oct. 9, Dubai’s Virtual Assets Regulatory Authority (VARA) issued fines and cease-and-desist orders to seven businesses for breaching marketing regulations and operating without required licenses.
VARA said it’s conducting further investigations in collaboration with other local authorities.…
https://cryptoinsight.ae/dubais-crypto-regulator-cracks-down-on-unlicensed-firms/
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Dubai’s crypto regulator has initiated a crackdown on unregulated crypto companies and firms violating its marketing rules.
On Oct. 9, Dubai’s Virtual Assets Regulatory Authority (VARA) issued fines and cease-and-desist orders to seven businesses for breaching marketing regulations and operating without required licenses.
VARA said it’s conducting further investigations in collaboration with other local authorities.…
https://cryptoinsight.ae/dubais-crypto-regulator-cracks-down-on-unlicensed-firms/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.29 Trillion, a 1.8% change in the last 24 hours
Bitcoin ~ $62,698.89 (3.4%)
Ethereum ~ $2,446.61 (1.6%)
Solana ~ $145.81 (3.3%)
Polkadot ~ $4.20 (2.8%)
Flow ~ $0.545 (3.0%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.29 Trillion, a 1.8% change in the last 24 hours
Bitcoin ~ $62,698.89 (3.4%)
Ethereum ~ $2,446.61 (1.6%)
Solana ~ $145.81 (3.3%)
Polkadot ~ $4.20 (2.8%)
Flow ~ $0.545 (3.0%)
Follow and subscribe - @GulfCryptoInsight
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Blockchain’s impact on video monetization and engagement — Interview with Replay
Blockchain technology offers a solution as the video content industry faces growing challenges around monetization and audience engagement.
By enabling real-time payments to creators, transparent watch data and gamified audience engagement, blockchain-powered streaming platform Replay aims to empower creators and viewers. Through its free ad-supported streaming service, Replay rewards viewers for every hour watched while…
https://cryptoinsight.ae/blockchains-impact-on-video-monetization-and-engagement-interview-with-replay/
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Blockchain technology offers a solution as the video content industry faces growing challenges around monetization and audience engagement.
By enabling real-time payments to creators, transparent watch data and gamified audience engagement, blockchain-powered streaming platform Replay aims to empower creators and viewers. Through its free ad-supported streaming service, Replay rewards viewers for every hour watched while…
https://cryptoinsight.ae/blockchains-impact-on-video-monetization-and-engagement-interview-with-replay/
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Blockchain data firm Arkham to launch derivatives exchange: Report
Blockchain analytics firm Arkham Intelligence reportedly plans to launch a cryptocurrency derivatives exchange as soon as next month, according to a Bloomberg report.
The exchange will target retail traders and compete with existing platforms such as Binance, Bloomberg said, citing a person familiar with the matter.
Arkham is already reportedly in the process of obtaining…
https://cryptoinsight.ae/blockchain-data-firm-arkham-to-launch-derivatives-exchange-report/
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Blockchain analytics firm Arkham Intelligence reportedly plans to launch a cryptocurrency derivatives exchange as soon as next month, according to a Bloomberg report.
The exchange will target retail traders and compete with existing platforms such as Binance, Bloomberg said, citing a person familiar with the matter.
Arkham is already reportedly in the process of obtaining…
https://cryptoinsight.ae/blockchain-data-firm-arkham-to-launch-derivatives-exchange-report/
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Stripe’s new stablecoin option gains traction in 70 countries on day 1
Stripe, a major payments provider, saw users from 70 countries adopt its newly launched stablecoin payment option on the first day of its rollout, highlighting strong global demand for alternative payment solutions.
Stripe was the first major payment provider to adopt Bitcoin in 2014. Still, the company backtracked on the decision in 2018, citing slow…
https://cryptoinsight.ae/stripes-new-stablecoin-option-gains-traction-in-70-countries-on-day-1/
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Stripe, a major payments provider, saw users from 70 countries adopt its newly launched stablecoin payment option on the first day of its rollout, highlighting strong global demand for alternative payment solutions.
Stripe was the first major payment provider to adopt Bitcoin in 2014. Still, the company backtracked on the decision in 2018, citing slow…
https://cryptoinsight.ae/stripes-new-stablecoin-option-gains-traction-in-70-countries-on-day-1/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.3 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $62,866.28 (0.3%)
Ethereum ~ $2,463.61 (0.8%)
Solana ~ $146.54 (0.5%)
Polkadot ~ $4.19 (-0.2%)
Flow ~ $0.5478 (0.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.3 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $62,866.28 (0.3%)
Ethereum ~ $2,463.61 (0.8%)
Solana ~ $146.54 (0.5%)
Polkadot ~ $4.19 (-0.2%)
Flow ~ $0.5478 (0.6%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Scroll lists on Binance, sparking debate over centralization concerns
Scroll, an Ethereum layer-2 project, was recently listed on the centralized cryptocurrency exchange Binance, sparking debate in the crypto community about centralization.
The listing, announced on Oct. 11, was praised for its potential to boost growth but criticized for its perceived alignment with centralized entities. Concerns were raised about whether the project was compromising on…
https://cryptoinsight.ae/scroll-lists-on-binance-sparking-debate-over-centralization-concerns/
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Scroll, an Ethereum layer-2 project, was recently listed on the centralized cryptocurrency exchange Binance, sparking debate in the crypto community about centralization.
The listing, announced on Oct. 11, was praised for its potential to boost growth but criticized for its perceived alignment with centralized entities. Concerns were raised about whether the project was compromising on…
https://cryptoinsight.ae/scroll-lists-on-binance-sparking-debate-over-centralization-concerns/
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What are tokenized commodities?
Tokenized commodities, explained
Tokenized commodities represent fractional ownership of real-world assets using digital tokens on a blockchain while preserving their tangible value.
Tokenized commodities are digital versions of real-world items like gold, oil or crops recorded on a blockchain. Each token represents a part or whole of a commodity, making it easier to divide and…
https://cryptoinsight.ae/what-are-tokenized-commodities-2/
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Tokenized commodities, explained
Tokenized commodities represent fractional ownership of real-world assets using digital tokens on a blockchain while preserving their tangible value.
Tokenized commodities are digital versions of real-world items like gold, oil or crops recorded on a blockchain. Each token represents a part or whole of a commodity, making it easier to divide and…
https://cryptoinsight.ae/what-are-tokenized-commodities-2/
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Crypto companies paid $19B in settlements to US regulators in 2024
United States regulators have received over $19 billion in lawsuit settlements from crypto companies in 2024 so far, representing almost two-thirds of all settlements to date.
Data in an Oct. 9 report from CoinGecko shows bankrupt crypto exchange FTX and affiliated trading firm Alameda are responsible for most of the funds, with $12.7 billion paid…
https://cryptoinsight.ae/crypto-companies-paid-19b-in-settlements-to-us-regulators-in-2024/
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United States regulators have received over $19 billion in lawsuit settlements from crypto companies in 2024 so far, representing almost two-thirds of all settlements to date.
Data in an Oct. 9 report from CoinGecko shows bankrupt crypto exchange FTX and affiliated trading firm Alameda are responsible for most of the funds, with $12.7 billion paid…
https://cryptoinsight.ae/crypto-companies-paid-19b-in-settlements-to-us-regulators-in-2024/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.33 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $63,802.50 (1.4%)
Ethereum ~ $2,524.79 (2.3%)
Solana ~ $150.96 (2.8%)
Polkadot ~ $4.22 (0.7%)
Flow ~ $0.5509 (0.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.33 Trillion, a 0.3% change in the last 24 hours
Bitcoin ~ $63,802.50 (1.4%)
Ethereum ~ $2,524.79 (2.3%)
Solana ~ $150.96 (2.8%)
Polkadot ~ $4.22 (0.7%)
Flow ~ $0.5509 (0.4%)
Follow and subscribe - @GulfCryptoInsight
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Andre Cronje critiques appchains: High costs and liquidity challenges
Andre Cronje, the co-founder of Sonic Labs, has critiqued layer-2 (L2) appchains, claiming they are impractical for builders.
In an Oct. 13 X post, Cronje raised concerns about high infrastructure costs, fragmented liquidity and insufficient support for developers. He suggested these challenges hinder the widespread adoption of appchains.
Appchains are customized blockchains designed to meet…
https://cryptoinsight.ae/andre-cronje-critiques-appchains-high-costs-and-liquidity-challenges/
Website | Twitter | LinkedIn | Telegram
Andre Cronje, the co-founder of Sonic Labs, has critiqued layer-2 (L2) appchains, claiming they are impractical for builders.
In an Oct. 13 X post, Cronje raised concerns about high infrastructure costs, fragmented liquidity and insufficient support for developers. He suggested these challenges hinder the widespread adoption of appchains.
Appchains are customized blockchains designed to meet…
https://cryptoinsight.ae/andre-cronje-critiques-appchains-high-costs-and-liquidity-challenges/
Website | Twitter | LinkedIn | Telegram
How to use blockchain and smart contracts in procurement
Why do traditional supply chain processes need blockchain?
Traditional procurement and supply chain processes can be manual, scattered, inefficient and complex. The use of blockchain in procurement can address these issues by making them faster, more organized and cheaper.
Procurement involves sourcing, purchasing and receiving goods and services. It’s a key part of supply chain…
https://cryptoinsight.ae/how-to-use-blockchain-and-smart-contracts-in-procurement/
Website | Twitter | LinkedIn | Telegram
Why do traditional supply chain processes need blockchain?
Traditional procurement and supply chain processes can be manual, scattered, inefficient and complex. The use of blockchain in procurement can address these issues by making them faster, more organized and cheaper.
Procurement involves sourcing, purchasing and receiving goods and services. It’s a key part of supply chain…
https://cryptoinsight.ae/how-to-use-blockchain-and-smart-contracts-in-procurement/
Website | Twitter | LinkedIn | Telegram
‘Bitcoin’ search volume drops to a yearly low, while ‘memecoin’ surges
Google search volumes for the term “Bitcoin” reached 1-year lows during the week of October 12, 2024. Out of a scale of 100, worldwide interest in the search term dropped to just 33 by the end of the week.
Meanwhile, the search volume for “memecoins” was 77 out of 100 during the same period but…
https://cryptoinsight.ae/bitcoin-search-volume-drops-to-a-yearly-low-while-memecoin-surges/
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Google search volumes for the term “Bitcoin” reached 1-year lows during the week of October 12, 2024. Out of a scale of 100, worldwide interest in the search term dropped to just 33 by the end of the week.
Meanwhile, the search volume for “memecoins” was 77 out of 100 during the same period but…
https://cryptoinsight.ae/bitcoin-search-volume-drops-to-a-yearly-low-while-memecoin-surges/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.38 Trillion, a 1.0% change in the last 24 hours
Bitcoin ~ $65,491.57 (2.5%)
Ethereum ~ $2,603.41 (2.8%)
Solana ~ $154.61 (2.2%)
Polkadot ~ $4.40 (3.9%)
Flow ~ $0.5598 (1.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.38 Trillion, a 1.0% change in the last 24 hours
Bitcoin ~ $65,491.57 (2.5%)
Ethereum ~ $2,603.41 (2.8%)
Solana ~ $154.61 (2.2%)
Polkadot ~ $4.40 (3.9%)
Flow ~ $0.5598 (1.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram