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
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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
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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The Purge focuses on trimming unnecessary data storage and eliminating outdated features to make Ethereum more efficient while preserving “the permanence” of…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/
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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The Purge focuses on trimming unnecessary data storage and eliminating outdated features to make Ethereum more efficient while preserving “the permanence” of…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/
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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/
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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/
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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/
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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/
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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
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.55 Trillion, a 0.4% change in the last 24 hours
Bitcoin ~ $72,403.01 (1.9%)
Ethereum ~ $2,673.81 (2.1%)
Solana ~ $179.77 (-0.5%)
Polkadot ~ $4.21 (1.3%)
Flow ~ $0.5497 (4.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.55 Trillion, a 0.4% change in the last 24 hours
Bitcoin ~ $72,403.01 (1.9%)
Ethereum ~ $2,673.81 (2.1%)
Solana ~ $179.77 (-0.5%)
Polkadot ~ $4.21 (1.3%)
Flow ~ $0.5497 (4.3%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Visa and Coinbase partner for instant crypto buys on debit cards
Visa users with eligible debit cards will soon be able to instantly deposit and withdraw funds from their accounts with the crypto exchange Coinbase after the two firms announced a partnership.
“Coinbase already has millions of users with a debit card connected to their account,” Visa said in an Oct. 29 statement. It added United…
https://cryptoinsight.ae/visa-and-coinbase-partner-for-instant-crypto-buys-on-debit-cards/
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Visa users with eligible debit cards will soon be able to instantly deposit and withdraw funds from their accounts with the crypto exchange Coinbase after the two firms announced a partnership.
“Coinbase already has millions of users with a debit card connected to their account,” Visa said in an Oct. 29 statement. It added United…
https://cryptoinsight.ae/visa-and-coinbase-partner-for-instant-crypto-buys-on-debit-cards/
Website | Twitter | LinkedIn | Telegram
Solayer, OpenEden launch Treasury-backed stablecoin on Solana
Solayer and OpenEden are launching a yield-bearing stablecoin on Solana backed by United States Treasury bills, according to an Oct. 28 announcement.
Dubbed sUSD, the stablecoin is the first of numerous tokenized real-world assets (RWAs) Solayer plans to launch on Solana, the company said in a post on the X platform.
“[A]nyone with $5 can…
https://cryptoinsight.ae/solayer-openeden-launch-treasury-backed-stablecoin-on-solana/
Website | Twitter | LinkedIn | Telegram
Solayer and OpenEden are launching a yield-bearing stablecoin on Solana backed by United States Treasury bills, according to an Oct. 28 announcement.
Dubbed sUSD, the stablecoin is the first of numerous tokenized real-world assets (RWAs) Solayer plans to launch on Solana, the company said in a post on the X platform.
“[A]nyone with $5 can…
https://cryptoinsight.ae/solayer-openeden-launch-treasury-backed-stablecoin-on-solana/
Website | Twitter | LinkedIn | Telegram
Optimizing crypto ecosystem development: Interview with Unlimit’s Bryan Feng
The adoption of cryptocurrencies is accelerating, demanding a scalable and reliable bridge between traditional finance (TradFi) and decentralized finance (DeFi).
Global fintech firm Unlimit aims to simplify the exchange between fiat and digital currencies for businesses and users with its crypto on-ramp and off-ramp solution.
In this interview, Bryan Feng, head of crypto at Unlimit,…
https://cryptoinsight.ae/optimizing-crypto-ecosystem-development-interview-with-unlimits-bryan-feng/
Website | Twitter | LinkedIn | Telegram
The adoption of cryptocurrencies is accelerating, demanding a scalable and reliable bridge between traditional finance (TradFi) and decentralized finance (DeFi).
Global fintech firm Unlimit aims to simplify the exchange between fiat and digital currencies for businesses and users with its crypto on-ramp and off-ramp solution.
In this interview, Bryan Feng, head of crypto at Unlimit,…
https://cryptoinsight.ae/optimizing-crypto-ecosystem-development-interview-with-unlimits-bryan-feng/
Website | Twitter | LinkedIn | Telegram
Hello there!
Day started from:
The global cryptocurrency market cap today is $2.54 Trillion, a -2.0% change in the last 24 hours
Bitcoin ~ $72,295.39 (-0.1%)
Ethereum ~ $2,649.07 (-0.9%)
Solana ~ $175.07 (-2.6%)
Polkadot ~ $4.16 (-1.2%)
Flow ~ $0.5362 (-2.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Day started from:
The global cryptocurrency market cap today is $2.54 Trillion, a -2.0% change in the last 24 hours
Bitcoin ~ $72,295.39 (-0.1%)
Ethereum ~ $2,649.07 (-0.9%)
Solana ~ $175.07 (-2.6%)
Polkadot ~ $4.16 (-1.2%)
Flow ~ $0.5362 (-2.4%)
Follow and subscribe - @GulfCryptoInsight
Website | Twitter | LinkedIn | Telegram
Starknet hits record 857 TPS, averages 127.5 in stress test
On Oct. 29, Starknet, a layer-2 (L2) scaling solution on Ethereum, achieved a new milestone by reaching a peak of 857 transactions per second (TPS) in a controlled stress test.
The test averaged 127.5 TPS over a 24-hour period, showing the network’s potential to support high-demand blockchain applications, but also raising questions about long-term scalability.…
https://cryptoinsight.ae/starknet-hits-record-857-tps-averages-127-5-in-stress-test/
Website | Twitter | LinkedIn | Telegram
On Oct. 29, Starknet, a layer-2 (L2) scaling solution on Ethereum, achieved a new milestone by reaching a peak of 857 transactions per second (TPS) in a controlled stress test.
The test averaged 127.5 TPS over a 24-hour period, showing the network’s potential to support high-demand blockchain applications, but also raising questions about long-term scalability.…
https://cryptoinsight.ae/starknet-hits-record-857-tps-averages-127-5-in-stress-test/
Website | Twitter | LinkedIn | Telegram
Stablecoins boosting demand for US T-bills: Treasury Dept
Stablecoins seem to be increasing demand for short-term United States government bonds known as Treasury bills, according to US Department of the Treasury meeting minutes published Oct. 30.
In an Oct. 29 meeting, the US Treasury’s Borrowing Advisory Committee weighed the benefits of stablecoin adoption and Treasury bill tokenization, with one member suggesting the US…
https://cryptoinsight.ae/stablecoins-boosting-demand-for-us-t-bills-treasury-dept/
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Stablecoins seem to be increasing demand for short-term United States government bonds known as Treasury bills, according to US Department of the Treasury meeting minutes published Oct. 30.
In an Oct. 29 meeting, the US Treasury’s Borrowing Advisory Committee weighed the benefits of stablecoin adoption and Treasury bill tokenization, with one member suggesting the US…
https://cryptoinsight.ae/stablecoins-boosting-demand-for-us-t-bills-treasury-dept/
Website | Twitter | LinkedIn | Telegram
BlackRock Bitcoin ETF breaks $30B; US ETFs set to hit 1M BTC holdings
BlackRock’s spot Bitcoin exchange-traded fund (ETF) has surpassed $30 billion in holdings, reflecting increasing demand for the world’s leading cryptocurrency.
The world’s largest asset manager reached the $30 billion mark less than 10 months after launching its Bitcoin ETF, which began trading on Jan. 10.
BlackRock currently holds more than 417,000 Bitcoin worth over $30.4…
https://cryptoinsight.ae/blackrock-bitcoin-etf-breaks-30b-us-etfs-set-to-hit-1m-btc-holdings/
Website | Twitter | LinkedIn | Telegram
BlackRock’s spot Bitcoin exchange-traded fund (ETF) has surpassed $30 billion in holdings, reflecting increasing demand for the world’s leading cryptocurrency.
The world’s largest asset manager reached the $30 billion mark less than 10 months after launching its Bitcoin ETF, which began trading on Jan. 10.
BlackRock currently holds more than 417,000 Bitcoin worth over $30.4…
https://cryptoinsight.ae/blackrock-bitcoin-etf-breaks-30b-us-etfs-set-to-hit-1m-btc-holdings/
Website | Twitter | LinkedIn | Telegram