Mr. Mohamed from Egypt is a social studies teacher interested in analyzing digital currencies I work in profit from 2017 I follow the biggest analysts in the wo
How to Earn and Benefit from Binance Login Points: Your Guide to Get Rewards and Discounts!
Binance login points are part of the rewards program offered by the platform to users who log in regularly or participate in various activities. You can redeem these points in multiple ways, such as getting rewards or discounts on fees. Here’s how to redeem login points step by step:
Causes of Huge Volatility: Important Tips and Warnings for All Binance Users
The cryptocurrency market has witnessed a sharp decline that has worried many investors, especially beginners. In this article, I will explain the main reasons for this decline, in addition to providing advice and some solutions to protect your investments in light of these huge fluctuations.
First, we must know the main reasons for the decline of digital currencies.
Beware Before Investing: The Other Side of Cryptocurrencies, Advice and Warning to All
First: The relationship between digital currencies and unethical issues
Cryptocurrencies are sometimes used to support activities that may be questionable and unethical. Here are some ways in which cryptocurrencies may be linked to these issues:
1- Investing in suspicious technology companies: Some digital currencies are used to support technology projects linked to entities that raise controversy due to violations of human rights or ethical standards.
#MarketPullback UniLend, a prominent DeFi protocol that merges spot trading, borrowing, and lending services, has announced a new partnership with SoonChain. The partnership aims to boost UniLend’s worldwide network and innovate the Web3 sector. The platform disclosed this development on its official social media account on X.
UniLend and SoonChain Partner to Advance the Web3 Landscape
UniLend mentioned that the collaboration with SoonChain seeks to explore exclusive possibilities concerning the Web3 realm. SoonChain operates as a gaming layer-2 protocol that leverages artificial intelligence. Additionally, it leverages the Advanced Intelligence Gaming Group to enhance game development. As a part of this partnership, both the entities are delving into the latest innovative opportunities in the Web3 world.
Bitpanda Receives Initial Approval from VARA to Enter UAE Market #btc After receiving initial approval from the Virtual Assets Regulatory Authority (VARA) in Dubai, the European-regulated platform Bitpanda is on the verge of entering the UAE market, confirming its commitment to complying with international regulations. This achievement paves the way for Bitpanda to officially start its operations in the UAE under the umbrella of Bitpanda Broker MENA DMCC, once it receives the final operating license. The approval comes less than eight months after submitting its license application, confirming Bitpanda’s commitment to regulatory standards and innovation in the digital assets sector. This development not only enhances Bitpanda’s international presence, but also represents a pioneering step towards its global expansion beyond the borders of the European continent, strengthening its position as a key, trusted player in the digital currency sector.
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Solana Takes $12 Million to Top Daily Flows List
Solana’s daily net flows have surpassed all other major blockchains, including Sway, Bayes, Arbitrum, and Ethereum. On December 15, Solana’s network collected $12 million in net flows. According to Artmex.xY data, Solana recorded the highest daily net inflow among the top 20 blockchains on December 15. Solana’s $12 million net inflow exceeded the combined net inflows of Arbitrum and Sui, the chains that ranked second and third, respectively.
The Abu Dhabi Financial Services Regulatory Authority (ADGM) hosted the third edition of the Global Financial Regulatory Summit during Abu Dhabi Finance Week 2024, bringing together representatives of regulators from the MENA region, the European Union, the United Kingdom and Asia. With the financial sector undergoing transformation to keep pace with new and advanced technologies, this year’s exclusive summit focused on the role of artificial intelligence (AI) in the financial services sector. The summit provided a platform for global financial regulatory leaders to discuss the risks and challenges associated with the adoption of AI. The summit also explored the significant opportunities presented by the development of AI, strategies that support innovation while ensuring customer protection, market integrity and the responsible use of AI technologies by licensed financial institutions and regulators. The first panel discussion reviewed the uses of AI in the field of verification and authentication in financial services, supervision and enforcement, highlighting the importance of these uses to enhance efficiency and speed through advanced analytics, while the second panel discussed the risks and opportunities of adopting AI solutions by regulatory bodies, and came out with many insights and conclusions.
#BTC☀ Emirates NBD, a leading banking group in the MENAT region, has announced that Chainlink, the blockchain-based standard for financing, verification and interoperability, has been added to its Digital Asset Lab (DAL) Council, becoming the fifth member. Following the signing of a Memorandum of Understanding (MoU) during Abu Dhabi Finance Week, Chainlink joins other founding members of the DAL Lab Council including PwC, Fireblocks, R3 and Chainalysis.
After a period of stagnation, the non-fungible token (NFT) market has seen a remarkable recovery, with trading volumes up 22% in November. This recovery is attributed to the rise in prices of some distinctive collections such as collectible digital art and gaming collections, and increased commercial activity in these collections. DappRadar analyst Sarah Gergilas attributed this growth to several factors, most notably increased collaborations with major companies such as Yoga Labs, rising prices of NFTs, as well as improved liquidity and increased confidence among investors. Gergilas added: “The improved liquidity and increased engagement with major companies contribute to the confidence of token collectors and investors, who now view NFTs not only as speculative assets, but as cultural assets with added value.”
This recovery in the NFT market comes in conjunction with broader positive trends in the market. Last November saw a significant increase in the total market cap of non-fungible assets, reaching $8.8 billion, and daily trading volume across all networks increased by nearly 50%. This recovery is attributed to the increased demand for rare and prestigious assets, such as Cryptobanks and Bored Ape Yacht Club,
🚨 Bitcoin (BTC) reserves on exchanges have fallen to their lowest levels in years, indicating increased investor confidence in holding cryptocurrencies for the long term.. #BTC☀️ #Bitcoin❗