‘Political shift’ drives $407M inflows to crypto products — CoinShares
Cryptocurrency investment products posted another successful week as Bitcoin led weekly inflows with $419 million.
Digital asset investment products saw inflows of $407 million during the week from Oct. 5–11, CoinShares reported in its latest Digital Asset Fund Flows Weekly Report on Oct. 14.
The fresh crypto inflows followed a minor $127 million sell-off the…
https://cryptoinsight.ae/political-shift-drives-407m-inflows-to-crypto-products-coinshares/
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Cryptocurrency investment products posted another successful week as Bitcoin led weekly inflows with $419 million.
Digital asset investment products saw inflows of $407 million during the week from Oct. 5–11, CoinShares reported in its latest Digital Asset Fund Flows Weekly Report on Oct. 14.
The fresh crypto inflows followed a minor $127 million sell-off the…
https://cryptoinsight.ae/political-shift-drives-407m-inflows-to-crypto-products-coinshares/
Website | Twitter | LinkedIn | Telegram
Aptos blockchain explained: Technology, use cases and prospects
What is Aptos blockchain?
Aptos is designed to be a fast, scalable, and reliable blockchain that supports decentralized applications (DApps) and aims to accelerate the growth of Web3.
Avery Ching and Mo Shaikh launched the Aptos blockchain on Oct. 12, 2022. It was developed to enable high throughput and low latency, which means it can…
https://cryptoinsight.ae/aptos-blockchain-explained-technology-use-cases-and-prospects/
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What is Aptos blockchain?
Aptos is designed to be a fast, scalable, and reliable blockchain that supports decentralized applications (DApps) and aims to accelerate the growth of Web3.
Avery Ching and Mo Shaikh launched the Aptos blockchain on Oct. 12, 2022. It was developed to enable high throughput and low latency, which means it can…
https://cryptoinsight.ae/aptos-blockchain-explained-technology-use-cases-and-prospects/
Website | Twitter | LinkedIn | Telegram
Vitalik Buterin ponders Ethereum’s post-Merge future
Ethereum co-founder Vitalik Buterin took to social media to share his reflections on the state of the protocol and its potential evolution after the Merge.
In a detailed blog post on Oct. 14, Buterin highlighted several key areas where Ethereum could see significant advancements, including faster transaction speeds, improved security and greater accessibility for solo…
https://cryptoinsight.ae/vitalik-buterin-ponders-ethereums-post-merge-future/
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Ethereum co-founder Vitalik Buterin took to social media to share his reflections on the state of the protocol and its potential evolution after the Merge.
In a detailed blog post on Oct. 14, Buterin highlighted several key areas where Ethereum could see significant advancements, including faster transaction speeds, improved security and greater accessibility for solo…
https://cryptoinsight.ae/vitalik-buterin-ponders-ethereums-post-merge-future/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.42 Trillion, a 0.5% change in the last 24 hours
Bitcoin ~ $67,272.58 (2.7%)
Ethereum ~ $2,618.75 (0.6%)
Solana ~ $154.60 (0.0%)
Polkadot ~ $4.37 (-0.4%)
Flow ~ $0.5541 (-0.9%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.42 Trillion, a 0.5% change in the last 24 hours
Bitcoin ~ $67,272.58 (2.7%)
Ethereum ~ $2,618.75 (0.6%)
Solana ~ $154.60 (0.0%)
Polkadot ~ $4.37 (-0.4%)
Flow ~ $0.5541 (-0.9%)
Follow and subscribe - @GulfCryptoInsight
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EU’s MiCA bill set to shape global stablecoin regulations — Binance
Global stablecoin regulation will take a crucial step forward with Europe’s upcoming regulatory framework, according to Binance, the world’s largest cryptocurrency exchange.
The European Union’s Markets in Crypto-Assets Regulation (MiCA) bill is the first comprehensive regulatory framework for crypto, which could legitimize the industry for lawmakers globally.
MiCA will be a “critical element” for the…
https://cryptoinsight.ae/eus-mica-bill-set-to-shape-global-stablecoin-regulations-binance/
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Global stablecoin regulation will take a crucial step forward with Europe’s upcoming regulatory framework, according to Binance, the world’s largest cryptocurrency exchange.
The European Union’s Markets in Crypto-Assets Regulation (MiCA) bill is the first comprehensive regulatory framework for crypto, which could legitimize the industry for lawmakers globally.
MiCA will be a “critical element” for the…
https://cryptoinsight.ae/eus-mica-bill-set-to-shape-global-stablecoin-regulations-binance/
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Blockstream secures $210M debt funding for Bitcoin layer-2 strategy
Blockchain technology firm Blockstream has expanded its capital-raising efforts, securing $210 million in financing through a convertible notes round led by Fulgur Ventures.
According to an Oct. 15 announcement, the debt will support Blockstream’s ongoing Bitcoin infrastructure projects, including its layer-2 strategy, mining operations and financial products development.
Among Blockstream’s flagship products is the Liquid…
https://cryptoinsight.ae/blockstream-secures-210m-debt-funding-for-bitcoin-layer-2-strategy/
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Blockchain technology firm Blockstream has expanded its capital-raising efforts, securing $210 million in financing through a convertible notes round led by Fulgur Ventures.
According to an Oct. 15 announcement, the debt will support Blockstream’s ongoing Bitcoin infrastructure projects, including its layer-2 strategy, mining operations and financial products development.
Among Blockstream’s flagship products is the Liquid…
https://cryptoinsight.ae/blockstream-secures-210m-debt-funding-for-bitcoin-layer-2-strategy/
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Over 90% of Salvadorans don’t transact with Bitcoin: Survey
Salvadorans haven’t yet warmed to their country’s adoption of Bitcoin as legal tender, with a recent survey finding that 92% don’t make transactions using the cryptocurrency.
Just 7.5% of respondents to an Oct. 10 survey from the San Salvador University Francisco Gavidia said they used Bitcoin to make transactions, while 0.5% chose not to respond…
https://cryptoinsight.ae/over-90-of-salvadorans-dont-transact-with-bitcoin-survey/
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Salvadorans haven’t yet warmed to their country’s adoption of Bitcoin as legal tender, with a recent survey finding that 92% don’t make transactions using the cryptocurrency.
Just 7.5% of respondents to an Oct. 10 survey from the San Salvador University Francisco Gavidia said they used Bitcoin to make transactions, while 0.5% chose not to respond…
https://cryptoinsight.ae/over-90-of-salvadorans-dont-transact-with-bitcoin-survey/
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Hello there!
Day started from:
The global cryptocurrency market cap today is $2.42 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $67,414.77 (0.4%)
Ethereum ~ $2,630.90 (0.7%)
Solana ~ $153.14 (-0.7%)
Polkadot ~ $4.27 (-2.1%)
Flow ~ $0.545 (-1.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.42 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $67,414.77 (0.4%)
Ethereum ~ $2,630.90 (0.7%)
Solana ~ $153.14 (-0.7%)
Polkadot ~ $4.27 (-2.1%)
Flow ~ $0.545 (-1.5%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Ethereum, L2s to reach over 100K TPS with the ‘Surge’ — Vitalik Buterin
Ethereum co-founder Vitalik Buterin has outlined his goals for the Ethereum blockchain in the next step of its roadmap, dubbed the “Surge.”
In an Oct. 17 technical blog post, Buterin shared his “key goals” for the Surge, which include achieving more than 100,000 transactions per second (TPS) across Ethereum’s mainnet and layer-2 blockchains and increasing…
https://cryptoinsight.ae/ethereum-l2s-to-reach-over-100k-tps-with-the-surge-vitalik-buterin/
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Ethereum co-founder Vitalik Buterin has outlined his goals for the Ethereum blockchain in the next step of its roadmap, dubbed the “Surge.”
In an Oct. 17 technical blog post, Buterin shared his “key goals” for the Surge, which include achieving more than 100,000 transactions per second (TPS) across Ethereum’s mainnet and layer-2 blockchains and increasing…
https://cryptoinsight.ae/ethereum-l2s-to-reach-over-100k-tps-with-the-surge-vitalik-buterin/
Website | Twitter | LinkedIn | Telegram
What is Neiro, and why is it trending?
Neiro explained
Neiro is a cryptocurrency built on the Ethereum blockchain that launched in August 2024. It’s garnered attention for its rapid rise, driven by a mix of community engagement, institutional interest and unique features.
The Neiro (NEIRO) cryptocurrency was designed with a focus on speed and cost-efficiency while also maintaining a community-driven ethos by…
https://cryptoinsight.ae/what-is-neiro-and-why-is-it-trending/
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Neiro explained
Neiro is a cryptocurrency built on the Ethereum blockchain that launched in August 2024. It’s garnered attention for its rapid rise, driven by a mix of community engagement, institutional interest and unique features.
The Neiro (NEIRO) cryptocurrency was designed with a focus on speed and cost-efficiency while also maintaining a community-driven ethos by…
https://cryptoinsight.ae/what-is-neiro-and-why-is-it-trending/
Website | Twitter | LinkedIn | Telegram
94% of Asian private wealth is investing or considering crypto: Report
A new report from Aspen Digital estimates that 76% of private wealth in Asia has already dabbled in digital assets, with an additional 18% planning future investments.
Interest in digital assets within Asia’s private wealth sector has grown since the Hong Kong-based wealth management platform conducted its survey in 2022. At the time, only 58%…
https://cryptoinsight.ae/94-of-asian-private-wealth-is-investing-or-considering-crypto-report/
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A new report from Aspen Digital estimates that 76% of private wealth in Asia has already dabbled in digital assets, with an additional 18% planning future investments.
Interest in digital assets within Asia’s private wealth sector has grown since the Hong Kong-based wealth management platform conducted its survey in 2022. At the time, only 58%…
https://cryptoinsight.ae/94-of-asian-private-wealth-is-investing-or-considering-crypto-report/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.44 Trillion, a -0.6% change in the last 24 hours
Bitcoin ~ $68,180.13 (1.3%)
Ethereum ~ $2,632.42 (0.1%)
Solana ~ $153.52 (0.4%)
Polkadot ~ $4.25 (-0.4%)
Flow ~ $0.5435 (-0.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.44 Trillion, a -0.6% change in the last 24 hours
Bitcoin ~ $68,180.13 (1.3%)
Ethereum ~ $2,632.42 (0.1%)
Solana ~ $153.52 (0.4%)
Polkadot ~ $4.25 (-0.4%)
Flow ~ $0.5435 (-0.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Ethereum’s Pectra fork adds dynamic blob fees to to improve L2 scaling
Ethereum developers are set to implement an Ethereum Improvement Proposal (EIP) to optimize blob-carrying transactions in a bid to improve network scalability in the upcoming Pectra fork.
EIP-7742 will create a mechanism for the Ethereum consensus layer to “dynamically” set the blob gas target and max values, Galaxy Digital’s vice president of research, Christine Kim,…
https://cryptoinsight.ae/ethereums-pectra-fork-adds-dynamic-blob-fees-to-to-improve-l2-scaling/
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Ethereum developers are set to implement an Ethereum Improvement Proposal (EIP) to optimize blob-carrying transactions in a bid to improve network scalability in the upcoming Pectra fork.
EIP-7742 will create a mechanism for the Ethereum consensus layer to “dynamically” set the blob gas target and max values, Galaxy Digital’s vice president of research, Christine Kim,…
https://cryptoinsight.ae/ethereums-pectra-fork-adds-dynamic-blob-fees-to-to-improve-l2-scaling/
Website | Twitter | LinkedIn | Telegram
Two builders produce 88% of Ethereum blocks in October, raising concerns
Two Ethereum block builders produced the majority of blocks during the first two weeks of October, raising concerns about centralization on the world’s second-largest blockchain network.
Ethereum block builders Beaverbuild and Titan Builder were responsible for 88.7% of all blocks produced over the past two weeks on the mainnet, according to Toni Wahrstätter, a researcher…
https://cryptoinsight.ae/two-builders-produce-88-of-ethereum-blocks-in-october-raising-concerns/
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Two Ethereum block builders produced the majority of blocks during the first two weeks of October, raising concerns about centralization on the world’s second-largest blockchain network.
Ethereum block builders Beaverbuild and Titan Builder were responsible for 88.7% of all blocks produced over the past two weeks on the mainnet, according to Toni Wahrstätter, a researcher…
https://cryptoinsight.ae/two-builders-produce-88-of-ethereum-blocks-in-october-raising-concerns/
Website | Twitter | LinkedIn | Telegram
Worldcoin unveils new Layer-2 network ‘World Chain’
The Sam Altman-founded “proof-of-humanity” project Worldcoin — which rebranded to World — has launched an Ethereum layer 2 blockchain it dubbed World Chain.
In an Oct. 17 statement, World said the 15 million users who have verified their identity by scanning their iris for a “World ID” could now use the network.
The firm launched…
https://cryptoinsight.ae/worldcoin-unveils-new-layer-2-network-world-chain/
Website | Twitter | LinkedIn | Telegram
The Sam Altman-founded “proof-of-humanity” project Worldcoin — which rebranded to World — has launched an Ethereum layer 2 blockchain it dubbed World Chain.
In an Oct. 17 statement, World said the 15 million users who have verified their identity by scanning their iris for a “World ID” could now use the network.
The firm launched…
https://cryptoinsight.ae/worldcoin-unveils-new-layer-2-network-world-chain/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.46 Trillion, a -0.4% change in the last 24 hours
Bitcoin ~$68,404.94 (0.3%)
Ethereum ~ $2,645.52 (0.5%)
Solana ~ $155.00 (0.9%)
Polkadot ~ $4.41 (3.6%)
Flow ~ $0.5658 (4.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.46 Trillion, a -0.4% change in the last 24 hours
Bitcoin ~$68,404.94 (0.3%)
Ethereum ~ $2,645.52 (0.5%)
Solana ~ $155.00 (0.9%)
Polkadot ~ $4.41 (3.6%)
Flow ~ $0.5658 (4.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
UAE stablecoin issuer gets nod from central bank
The Central Bank of the United Arab Emirates (CBUAE) has granted in-principle approval to AED Stablecoin under its Payment Token Service Regulation framework, the company said in a press release.
AED Stablecoin’s preliminary license approval makes it a frontrunner in the race to become the first issuer of a regulated dirham-pegged stablecoin in the UAE.…
https://cryptoinsight.ae/uae-stablecoin-issuer-gets-nod-from-central-bank/
Website | Twitter | LinkedIn | Telegram
The Central Bank of the United Arab Emirates (CBUAE) has granted in-principle approval to AED Stablecoin under its Payment Token Service Regulation framework, the company said in a press release.
AED Stablecoin’s preliminary license approval makes it a frontrunner in the race to become the first issuer of a regulated dirham-pegged stablecoin in the UAE.…
https://cryptoinsight.ae/uae-stablecoin-issuer-gets-nod-from-central-bank/
Website | Twitter | LinkedIn | Telegram
DBS rolls out blockchain-based banking for institutions
Singapore’s DBS Bank has introduced a new suite of blockchain-powered services for its institutional clients.
In an announcement sent to Cointelegraph, DBS introduced the “DBS Token Services,” which facilitate real-time payment settlements using the bank’s permissioned blockchain.
Permissioned blockchains are networks with an access layer that allows participants to only interact with a pre-approved level…
https://cryptoinsight.ae/dbs-rolls-out-blockchain-based-banking-for-institutions/
Website | Twitter | LinkedIn | Telegram
Singapore’s DBS Bank has introduced a new suite of blockchain-powered services for its institutional clients.
In an announcement sent to Cointelegraph, DBS introduced the “DBS Token Services,” which facilitate real-time payment settlements using the bank’s permissioned blockchain.
Permissioned blockchains are networks with an access layer that allows participants to only interact with a pre-approved level…
https://cryptoinsight.ae/dbs-rolls-out-blockchain-based-banking-for-institutions/
Website | Twitter | LinkedIn | Telegram
BlackRock eyes BUIDL for derivatives collateral in crypto exchanges
Asset manager BlackRock is reportedly pushing its money-market digital token to be used as collateral in cryptocurrency derivatives trading.
According to an Oct. 18 Bloomberg report, the company is in talks to integrate its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) token with the trading systems of major crypto exchanges such as Binance, OKX and…
https://cryptoinsight.ae/blackrock-eyes-buidl-for-derivatives-collateral-in-crypto-exchanges/
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Asset manager BlackRock is reportedly pushing its money-market digital token to be used as collateral in cryptocurrency derivatives trading.
According to an Oct. 18 Bloomberg report, the company is in talks to integrate its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) token with the trading systems of major crypto exchanges such as Binance, OKX and…
https://cryptoinsight.ae/blackrock-eyes-buidl-for-derivatives-collateral-in-crypto-exchanges/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.45 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~$68,211.09 (-0.2%)
Ethereum ~ $2,643.43 (0.0%)
Solana ~ $159.01 (2.7%)
Polkadot ~ $4.41 (0.1%)
Flow ~ $0.5667 (0.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.45 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~$68,211.09 (-0.2%)
Ethereum ~ $2,643.43 (0.0%)
Solana ~ $159.01 (2.7%)
Polkadot ~ $4.41 (0.1%)
Flow ~ $0.5667 (0.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram