iBLOXX Proprietary Trading gets DMCC crypto trading license

iBLOXX Proprietary Trading DMCC, a fintech trading firm based in Dubai, announced last week that they had been granted the License for Proprietary Trading in Crypto Commodities by Dubai Multi Commodities Center.

iBLOXX designs AI and Machine Learning algorithms to manage active trading models for various instruments across traditional and crypto commodity markets.

“This license…

http://cryptoinsight.ae/ibloxx-proprietary-trading-gets-dmcc-crypto-trading-license/

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Crypto in 2021: 5 cases of governments embracing digital assets

While 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation. Helen Partz collected some prominent cases on Cointelegraph.

 

As digital asset prices had been hitting new historical highs in 2021, many jurisdictions were increasingly adopting cryptocurrencies like Bitcoin (BTC) and other crypto-based instruments.

In addition to Bitcoin crossing…

https://cryptoinsight.ae/crypto-in-2021-5-cases-of-governments-embracing-digital-assets/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $2.36 Trillion, a 0.4% change in the last 24 hours

Bitcoin ~ $47,108.16 (-0.2%)
Ethereum ~ $3,752.94 (0.2%)
Solana ~ $176.96 (1.8%)
Polkadot ~ $28.41 (3.7%)
Flow ~ $9.16 (1.5%)

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Elon Musk says he knows who the mysterious Bitcoin creator is

Tech billionaire Elon Musk has unveiled the identity of the person who he believes is the mysterious Satoshi Nakamoto, the creator of Bitcoin. Speaking on the Lex Fridman podcast, the entrepreneur said that computer scientist and cryptographer Nick Szabo might have developed the cryptocurrency.

Musk said that Szabo’s theories, particularly the term “smart contacts” and…

http://cryptoinsight.ae/elon-musk-says-he-knows-who-the-mysterious-bitcoin-creator-is/

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Iran bans crypto-mining again to prevent blackouts this winter

Iran, for the second time this year, ordered a shutdown of authorized cryptocurrency mining centers as part of efforts to ease the strain on the country’s power plants and avoid blackouts, according to Mostafa Rajabi Mashhadi, director of the state-run Iran Grid Management Co. and a spokesman for Iran’s power industry.

This is part of…

http://cryptoinsight.ae/iran-bans-crypto-mining-again-to-prevent-blackouts-this-winter/

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Simba Storage receives crypto storage license in Dubai

Simba Storage, the first token in the world released for Satoshi Bitcoin, receives a crypto storage license from DMCC, the UAE’s free economic zone. The project is a partner of TRES OTC DMCC, which received the first cryptocurrency trading license in Dubai.

Following in the footsteps of a partner company, Simba Storage, based in Switzerland,…

http://cryptoinsight.ae/simba-storage-receives-crypto-storage-license-in-dubai/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $2.38 Trillion, a 1.4% change in the last 24 hours

Bitcoin ~ $47,115.46 (0.1%)
Ethereum ~ $3,825.63 (1.8%)
Solana ~ $173.90 (-1.7%)
Polkadot ~ $29.14 (2.4%)
Flow ~ $9.26 (1.0%)

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Binance purchases Swipe for crypto card integration

Binance, the world’s biggest crypto exchange, revealed Thursday that it will gain the excess extraordinary shares of Swipe, a prominent crypto Visa card supplier. As a result, users of Binance will obtain the ability to spend their coins in more than 70 million areas worldwide.

 

On July 6, 2020, Binance initially reported acquiring a…

http://cryptoinsight.ae/binance-purchases-swipe-for-crypto-card-integration/

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Crypto Trends Weekly Dec. 25 – 31

Breaking crypto news from the last week (Dec. 25 – 31, 2021):

 

Dec. 25: During the 2021 Paris Auction House event, Vodafone sold the world’s first SMS as an NFT for €132,680 (or $149,729). Vodafone proceeded the entire amount for charity to support the UN Refugee Agency (UNHCR).

 

Dec. 26: Simba Storage, the…

http://cryptoinsight.ae/crypto-trends-weekly-dec-25-31/

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ProShares seeks to launch a Metaverse ETF tracking Apple, Meta, Nvidia

ProShares, the first US-based company to launch a Bitcoin ETF, is now planning to launch an exclusive Metaverse ETF. ProShares Metaverse ETF will track the performance of the Solactive Metaverse Theme Index, which includes prominent tech firms such as Apple and Nvidia.

 

On Tuesday, ProShares filed with the US Securities and Exchange Commission (SEC)…

http://cryptoinsight.ae/proshares-seeks-to-launch-a-metaverse-etf-tracking-apple-meta-nvidia/

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SAMSUNG TIME: Neo QLEDs optimized with the new Smart Hub that enables smart content curation, cloud gaming, video calls, on-screen multitasking, NFTs management and more

https://news.samsung.com/global/samsung-electronics-unveils-its-2022-micro-led-neo-qled-and-lifestyle-tvs-with-next-generation-picture-quality-and-range-of-cutting-edge-personalization-options

H&M opens the first virtual store in the metaverse

Hello there!
Day started from:

The global cryptocurrency market cap today is $2.34 Trillion, a -1.7% change in the last 24 hours

Bitcoin ~ $46,276.17 (-1.8%)
Ethereum ~ $3,754.03 (-1.8%)
Solana ~ $168.00 (-3.4%)
Polkadot ~ $30.07 (3.3%)
Flow ~ $8.87 (-4.3%)

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Over $7.7 billion was stolen in crypto scams in 2021

Over $7.7 billion was stolen in crypto scams worldwide in 2021, or an 81% rise compared to 2020, the Chainalysis report said. Including rug pulls in the DeFi ecosystem accounted for over $2.8 billion stolen, or 37% of all cryptocurrency scam revenue, compared to 1% the year before.

According to a new report by blockchain…

http://cryptoinsight.ae/over-7-7-billion-was-stolen-in-crypto-scams-in-2021/

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Gibraltar is poised to become the world’s cryptocurrency hub

The British overseas territory, Gibraltar, that was once perceived as a tax haven, might be making The British overseas territory, Gibraltar, that was once perceived as a tax haven, might be making history soon by becoming the world’s first global hub for cryptocurrency trading.

According to The Guardian, the territory is reviewing a proposal to…

http://cryptoinsight.ae/gibraltar-is-poised-to-become-the-worlds-cryptocurrency-hub/

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Indian authorities raid cryptocurrency exchanges over alleged tax evasion

On Saturday, Central Goods and Services Tax (CGST) Mumbai Zone detected massive evasion of around 700 million rupees during the crackdown on cryptocurrency service provider – WazirX. A local media report has confirmed that major cryptocurrency service providers are under investigation in India on suspicion of possible tax evasion.

According to NTDV, the director-general GST…

https://cryptoinsight.ae/indian-authorities-raid-cryptocurrency-exchanges-over-alleged-tax-evasion/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $2.36 Trillion, a 1.1% change in the last 24 hours

Bitcoin ~ $46,312.46 (0.0%)
Ethereum ~ $3,805.99 (1.4%)
Solana ~ $168.87 (0.5%)
Polkadot ~ $29.51 (-1.9%)
Flow ~ $9.13 (2.9%)

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Will Twitter, Square and Jack Dorsey break new ground in the crypto industry?

Twitter founder and Square CEO Jack Dorsey announced the creation and presented technical documentation of a new type of decentralized exchange. It is a fascinating project definitely worth paying attention to.

Jack Dorsey, the creator of Twitter, co-founder and CEO of payment company Square, is a frequent guest on our pages. More than once have…

https://cryptoinsight.ae/will-twitter-square-and-jack-dorsey-break-new-ground-in-the-crypto-industry/

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Crypto in 2022: A fintech expert’s top 6 crypto predictions

James Ledbetter, the editor and publisher of the fintech newsletter FIN and the former editor-in-chief of Inc, collected the top 6 crypto predictions for 2022.

2021 was a wild year for cryptocurrency. Despite Bitcoin’s recent plunge, for example, its price has still risen by more than 70% in the past 52 weeks.

More important, Bitcoin…

https://cryptoinsight.ae/crypto-in-2022-a-fintech-experts-top-6-crypto-predictions/

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Public companies raised their Bitcoin holdings significantly in 2021

The quantity of Bitcoin held by private corporations increased significantly during 2021, compared to the previous year. The amount of BTC held by public companies has gained significant market share since February 2021.

On Monday, on-chain analyst Willy Woo tweeted that public companies holding “significant BTC have gained market share from spot ETFs as a…

https://cryptoinsight.ae/public-companies-raised-their-bitcoin-holdings-significantly-in-2021/

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