Hello there!
Day started from:
The global cryptocurrency market cap today is $2.42 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $67,714.82 (0.5%)
Ethereum ~ $2,496.04 (-2.4%)
Solana ~ $174.03 (0.2%)
Polkadot ~ $4.13 (-2.4%)
Flow ~ $0.5426 (-1.5%)
Follow and subscribe - @GulfCryptoInsight
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Day started from:
The global cryptocurrency market cap today is $2.42 Trillion, a -1.5% change in the last 24 hours
Bitcoin ~ $67,714.82 (0.5%)
Ethereum ~ $2,496.04 (-2.4%)
Solana ~ $174.03 (0.2%)
Polkadot ~ $4.13 (-2.4%)
Flow ~ $0.5426 (-1.5%)
Follow and subscribe - @GulfCryptoInsight
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Ethereum ‘Verge’ upgrade to enable nodes on phones and smartwatches
Ethereum co-founder Vitalik Buterin said the network’s next upgrade, called “The Verge,” is designed to make Ethereum more secure and accessible, allowing its nodes to run on devices as small as a “phone or smartwatch.”
The Verge aims to reduce hardware requirements using “stateless verification,” which will allow nodes to verify blockchain blocks without storing…
https://cryptoinsight.ae/ethereum-verge-upgrade-to-enable-nodes-on-phones-and-smartwatches/
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Ethereum co-founder Vitalik Buterin said the network’s next upgrade, called “The Verge,” is designed to make Ethereum more secure and accessible, allowing its nodes to run on devices as small as a “phone or smartwatch.”
The Verge aims to reduce hardware requirements using “stateless verification,” which will allow nodes to verify blockchain blocks without storing…
https://cryptoinsight.ae/ethereum-verge-upgrade-to-enable-nodes-on-phones-and-smartwatches/
Website | Twitter | LinkedIn | Telegram
‘Unusually’ large Bitcoin ETF inflows spark concerns of BTC price decline
Spot Bitcoin exchange-traded funds (ETFs) within the United States have grabbed a significant amount of inflows in recent times, and analysts are concerned that it may lead to history repeating and Bitcoin’s price sliding.
“Historically, this kind of activity has been followed by bearish price movements, and we may be seeing the beginning of a…
https://cryptoinsight.ae/unusually-large-bitcoin-etf-inflows-spark-concerns-of-btc-price-decline/
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Spot Bitcoin exchange-traded funds (ETFs) within the United States have grabbed a significant amount of inflows in recent times, and analysts are concerned that it may lead to history repeating and Bitcoin’s price sliding.
“Historically, this kind of activity has been followed by bearish price movements, and we may be seeing the beginning of a…
https://cryptoinsight.ae/unusually-large-bitcoin-etf-inflows-spark-concerns-of-btc-price-decline/
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Coinbase-backed Base to improve decentralization with fault proofs
Base, an Ethereum layer-2 blockchain incubated by Coinbase, is set to become more decentralized with the introduction of a new fault-proof system.
Base took to X on Oct. 23 to announce the upcoming mainnet launch of fault proofs, or mechanisms intended to verify the correctness of transactions, such as the validity of withdrawals.
With fault…
https://cryptoinsight.ae/coinbase-backed-base-to-improve-decentralization-with-fault-proofs/
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Base, an Ethereum layer-2 blockchain incubated by Coinbase, is set to become more decentralized with the introduction of a new fault-proof system.
Base took to X on Oct. 23 to announce the upcoming mainnet launch of fault proofs, or mechanisms intended to verify the correctness of transactions, such as the validity of withdrawals.
With fault…
https://cryptoinsight.ae/coinbase-backed-base-to-improve-decentralization-with-fault-proofs/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.38 Trillion, a -2.6% change in the last 24 hours
Bitcoin ~ $67,044.01 (-1.0%)
Ethereum ~ $2,465.04 (-1.3%)
Solana ~ $166.85 (-4.2%)
Polkadot ~ $4.04 (-2.2%)
Flow ~ $0.5196 (-4.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.38 Trillion, a -2.6% change in the last 24 hours
Bitcoin ~ $67,044.01 (-1.0%)
Ethereum ~ $2,465.04 (-1.3%)
Solana ~ $166.85 (-4.2%)
Polkadot ~ $4.04 (-2.2%)
Flow ~ $0.5196 (-4.3%)
Follow and subscribe - @GulfCryptoInsight
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Stablecoins and the dollar: Allies or adversaries in the new financial era?
One of the key topics linking cryptocurrencies to all Americans, regardless of whether they are in crypto, could be the prospect of a digital dollar — a version of the currency issued by the Federal Reserve that is traced on the blockchain.
The prospect of a digital dollar has sparked concerns about privacy, leading to…
https://cryptoinsight.ae/stablecoins-and-the-dollar-allies-or-adversaries-in-the-new-financial-era/
Website | Twitter | LinkedIn | Telegram
One of the key topics linking cryptocurrencies to all Americans, regardless of whether they are in crypto, could be the prospect of a digital dollar — a version of the currency issued by the Federal Reserve that is traced on the blockchain.
The prospect of a digital dollar has sparked concerns about privacy, leading to…
https://cryptoinsight.ae/stablecoins-and-the-dollar-allies-or-adversaries-in-the-new-financial-era/
Website | Twitter | LinkedIn | Telegram
Etherscan releases v2 beta: Unifies API for over 50 blockchains
Etherscan, a blockchain explorer and analytics provider, has introduced its v2 application programming interface (API) update, a significant upgrade to simplify multichain development.
The beta release of Etherscan v2 allows developers to access data across 50 Ethereum Virtual Machine (EVM)-compatible blockchain networks using a single API key.
An API is a unique code passed in…
https://cryptoinsight.ae/etherscan-releases-v2-beta-unifies-api-for-over-50-blockchains/
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Etherscan, a blockchain explorer and analytics provider, has introduced its v2 application programming interface (API) update, a significant upgrade to simplify multichain development.
The beta release of Etherscan v2 allows developers to access data across 50 Ethereum Virtual Machine (EVM)-compatible blockchain networks using a single API key.
An API is a unique code passed in…
https://cryptoinsight.ae/etherscan-releases-v2-beta-unifies-api-for-over-50-blockchains/
Website | Twitter | LinkedIn | Telegram
FINRA says rules still apply in the metaverse
The Financial Industry Regulatory Authority (FINRA), a non-governmental, self-regulatory organization, recently published a report outlining the potential regulatory implications for securities and finance firms operating in the metaverse.
Along with a breakdown of the current state of metaverse activity in the finance industry and projections for the technology’s future, FINRA also dedicated several paragraphs of…
https://cryptoinsight.ae/finra-says-rules-still-apply-in-the-metaverse/
Website | Twitter | LinkedIn | Telegram
The Financial Industry Regulatory Authority (FINRA), a non-governmental, self-regulatory organization, recently published a report outlining the potential regulatory implications for securities and finance firms operating in the metaverse.
Along with a breakdown of the current state of metaverse activity in the finance industry and projections for the technology’s future, FINRA also dedicated several paragraphs of…
https://cryptoinsight.ae/finra-says-rules-still-apply-in-the-metaverse/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.39 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $67,060.24 (0.0%)
Ethereum ~ $2,477.46 (0.5%)
Solana ~ $172.32 (3.3%)
Polkadot ~ $4.02 (-0.6%)
Flow ~ $0.5121 (-1.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.39 Trillion, a -1.1% change in the last 24 hours
Bitcoin ~ $67,060.24 (0.0%)
Ethereum ~ $2,477.46 (0.5%)
Solana ~ $172.32 (3.3%)
Polkadot ~ $4.02 (-0.6%)
Flow ~ $0.5121 (-1.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
The ‘Purge’ — Vitalik’s plan to reduce Ethereum’s bloat
Vitalik Buterin, co-founder of Ethereum, has released the fifth part of his blog series on the blockchain network’s future path titled “The Purge,” which aims to reduce data bloat and simplify Ethereum’s protocol.
The Purge focuses on trimming unnecessary data storage and eliminating outdated features to make Ethereum more efficient while preserving “the permanence” of…
https://cryptoinsight.ae/the-purge-vitaliks-plan-to-reduce-ethereums-bloat/
Website | Twitter | LinkedIn | Telegram
Vitalik Buterin, co-founder of Ethereum, has released the fifth part of his blog series on the blockchain network’s future path titled “The Purge,” which aims to reduce data bloat and simplify Ethereum’s protocol.
The Purge focuses on trimming unnecessary data storage and eliminating outdated features to make Ethereum more efficient while preserving “the permanence” of…
https://cryptoinsight.ae/the-purge-vitaliks-plan-to-reduce-ethereums-bloat/
Website | Twitter | LinkedIn | Telegram
How digital bonds could reshape debt markets and cut borrowing costs
The rise of government-issued blockchain-based digital gilts, or bonds, could impact global debt markets by potentially reducing borrowing costs and opening up new trading strategies.
In an exclusive interview with Cointelegraph, Lamine Brahimi, co-founder and managing partner of Taurus — a digital asset infrastructure provider — shared his insights on the impact of digital bonds…
https://cryptoinsight.ae/how-digital-bonds-could-reshape-debt-markets-and-cut-borrowing-costs/
Website | Twitter | LinkedIn | Telegram
The rise of government-issued blockchain-based digital gilts, or bonds, could impact global debt markets by potentially reducing borrowing costs and opening up new trading strategies.
In an exclusive interview with Cointelegraph, Lamine Brahimi, co-founder and managing partner of Taurus — a digital asset infrastructure provider — shared his insights on the impact of digital bonds…
https://cryptoinsight.ae/how-digital-bonds-could-reshape-debt-markets-and-cut-borrowing-costs/
Website | Twitter | LinkedIn | Telegram
What happens to seized cryptocurrency?
What does the seizure of cryptocurrency mean?
Seizure of cryptocurrency refers to the confiscation of crypto assets by authorities, usually as part of legal investigations. It may occur in cases of fraud, money laundering or other unlawful activities.
If law enforcement agencies suspect illicit activity, they can confiscate digital assets from wallets. The funds are…
https://cryptoinsight.ae/what-happens-to-seized-cryptocurrency/
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What does the seizure of cryptocurrency mean?
Seizure of cryptocurrency refers to the confiscation of crypto assets by authorities, usually as part of legal investigations. It may occur in cases of fraud, money laundering or other unlawful activities.
If law enforcement agencies suspect illicit activity, they can confiscate digital assets from wallets. The funds are…
https://cryptoinsight.ae/what-happens-to-seized-cryptocurrency/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.4 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $67,770.62 (1.0%)
Ethereum ~ $2,482.17 (0.2%)
Solana ~ $173.73 (0.8%)
Polkadot ~ $4.11 (2.2%)
Flow ~ $0.5064 (-1.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.4 Trillion, a -0.8% change in the last 24 hours
Bitcoin ~ $67,770.62 (1.0%)
Ethereum ~ $2,482.17 (0.2%)
Solana ~ $173.73 (0.8%)
Polkadot ~ $4.11 (2.2%)
Flow ~ $0.5064 (-1.2%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Tether CEO breaks down reserves backing USDT stablecoin
Tether CEO Paolo Ardoino took the stage at Lugano’s PlanB event in Switzerland to provide a breakdown of the reserve assets backing the company’s Tether-USD stablecoin following allegations that the firm was under investigation by the United States Department of Justice and the Treasury.
Ardoino revealed that Tether holds approximately $100 Billion in US treasuries,…
https://cryptoinsight.ae/tether-ceo-breaks-down-reserves-backing-usdt-stablecoin/
Website | Twitter | LinkedIn | Telegram
Tether CEO Paolo Ardoino took the stage at Lugano’s PlanB event in Switzerland to provide a breakdown of the reserve assets backing the company’s Tether-USD stablecoin following allegations that the firm was under investigation by the United States Department of Justice and the Treasury.
Ardoino revealed that Tether holds approximately $100 Billion in US treasuries,…
https://cryptoinsight.ae/tether-ceo-breaks-down-reserves-backing-usdt-stablecoin/
Website | Twitter | LinkedIn | Telegram
Base stablecoin transaction volume briefly tops all other chain
The Coinbase-developed Ethereum layer-2 network Base was briefly the number one blockchain for stablecoin volume on the same day it hit a new all-time-high transaction count.
Notching a record market share of stablecoin volume on Oct. 26, Base accounted for 30.06% of all stablecoin volume, beating out other chains, including Solana, Ethereum, and Tron, for…
https://cryptoinsight.ae/base-stablecoin-transaction-volume-briefly-tops-all-other-chain/
Website | Twitter | LinkedIn | Telegram
The Coinbase-developed Ethereum layer-2 network Base was briefly the number one blockchain for stablecoin volume on the same day it hit a new all-time-high transaction count.
Notching a record market share of stablecoin volume on Oct. 26, Base accounted for 30.06% of all stablecoin volume, beating out other chains, including Solana, Ethereum, and Tron, for…
https://cryptoinsight.ae/base-stablecoin-transaction-volume-briefly-tops-all-other-chain/
Website | Twitter | LinkedIn | Telegram
Decentralized future: TON Society co-founder on crypto mass adoption
Jack Booth, co-founder of TON Society, believes that achieving mass adoption of cryptocurrency hinges on advancing decentralization within The Open Network (TON).
In an exclusive interview with Booth, whose organization is focused on decentralizing finance and data on TON, told Cointelegraph that the TON community “is building a decentralized ecosystem” to make decentralized finance (DeFi),…
https://cryptoinsight.ae/decentralized-future-ton-society-co-founder-on-crypto-mass-adoption/
Website | Twitter | LinkedIn | Telegram
Jack Booth, co-founder of TON Society, believes that achieving mass adoption of cryptocurrency hinges on advancing decentralization within The Open Network (TON).
In an exclusive interview with Booth, whose organization is focused on decentralizing finance and data on TON, told Cointelegraph that the TON community “is building a decentralized ecosystem” to make decentralized finance (DeFi),…
https://cryptoinsight.ae/decentralized-future-ton-society-co-founder-on-crypto-mass-adoption/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.51 Trillion, a 3.0% change in the last 24 hours
Bitcoin ~ $71,077.98 (4.9%)
Ethereum ~ $2,618.11 (5.5%)
Solana ~ $180.68 (4.1%)
Polkadot ~ $4.15 (1.1%)
Flow ~ $0.5269 (4.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.51 Trillion, a 3.0% change in the last 24 hours
Bitcoin ~ $71,077.98 (4.9%)
Ethereum ~ $2,618.11 (5.5%)
Solana ~ $180.68 (4.1%)
Polkadot ~ $4.15 (1.1%)
Flow ~ $0.5269 (4.1%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
EU MiCA rules pose ‘systemic’ banking risks for stablecoins — Tether CEO
Europe’s forthcoming regulatory framework will introduce banking concerns for stablecoin issuers that could threaten the stability of the broader crypto space, according to Paulo Ardoino.
The Markets in Crypto-Assets Regulation (MiCA) is the first comprehensive regulatory framework for the crypto industry and is set to go into full effect on Dec. 30. Under MiCA, stablecoin…
https://cryptoinsight.ae/eu-mica-rules-pose-systemic-banking-risks-for-stablecoins-tether-ceo/
Website | Twitter | LinkedIn | Telegram
Europe’s forthcoming regulatory framework will introduce banking concerns for stablecoin issuers that could threaten the stability of the broader crypto space, according to Paulo Ardoino.
The Markets in Crypto-Assets Regulation (MiCA) is the first comprehensive regulatory framework for the crypto industry and is set to go into full effect on Dec. 30. Under MiCA, stablecoin…
https://cryptoinsight.ae/eu-mica-rules-pose-systemic-banking-risks-for-stablecoins-tether-ceo/
Website | Twitter | LinkedIn | Telegram
‘The Splurge’ to seek better cryptography to plan for quantum computers: Buterin
Ethereum co-founder Vitalik Buterin says a goal of one of the blockchain’s roadmap stages is to research “advanced cryptography” to make it resistant to future quantum computers, which could break encryption.
“There is a heck of a lot left to do,” Buterin wrote in an Oct. 29 blog post, which shared his thoughts on a…
https://cryptoinsight.ae/the-splurge-to-seek-better-cryptography-to-plan-for-quantum-computers-buterin/
Website | Twitter | LinkedIn | Telegram
Ethereum co-founder Vitalik Buterin says a goal of one of the blockchain’s roadmap stages is to research “advanced cryptography” to make it resistant to future quantum computers, which could break encryption.
“There is a heck of a lot left to do,” Buterin wrote in an Oct. 29 blog post, which shared his thoughts on a…
https://cryptoinsight.ae/the-splurge-to-seek-better-cryptography-to-plan-for-quantum-computers-buterin/
Website | Twitter | LinkedIn | Telegram
HKMA Project Ensemble partners with Brazil, Thailand for tokenization
The Hong Kong Monetary Authority (HKMA) has been networking its tokenization-focused Project Ensemble and has new collaborations to show for it.
Project Ensemble is being linked with the Central Bank of Brazil’s (CBB) Drex pilot project and the Bank of Thailand’s (BOT) Project San.
Uniting tokenization projects around the world
The CBB announced the second…
https://cryptoinsight.ae/hkma-project-ensemble-partners-with-brazil-thailand-for-tokenization/
Website | Twitter | LinkedIn | Telegram
The Hong Kong Monetary Authority (HKMA) has been networking its tokenization-focused Project Ensemble and has new collaborations to show for it.
Project Ensemble is being linked with the Central Bank of Brazil’s (CBB) Drex pilot project and the Bank of Thailand’s (BOT) Project San.
Uniting tokenization projects around the world
The CBB announced the second…
https://cryptoinsight.ae/hkma-project-ensemble-partners-with-brazil-thailand-for-tokenization/
Website | Twitter | LinkedIn | Telegram