Author: Crypto Insider

Staking for decentralized oracle network Chainlink is now live on Ethereum for early access users, which is one of the most highly anticipated events for its network. After being open fully on Dec. 8, holders of its native token LINK will be able to contribute to the network’s security and receive appropriate rewards. Previously, Chainlink…

Investment bank Goldman Sachs plans to spend “tens of millions of dollars” to buy or invest in crypto firms whose valuations declined after the collapse of crypto exchange FTX, Reuters reported. “We do see some really interesting opportunities, priced much more sensibly,” said the bank’s digital asset head Mathew McDermott. According to a Reuters report,…

Coca-Cola has teamed up with Crypto.com to release a collection of 2022 FIFA World Cup NFTs based on heatmaps of the games played. The move is the latest corporate play to try to capitalize on crypto fever amid the World Cup in Qatar. Coca-Cola is releasing a set of 10,000 World Cup NFTs, which are…

USDC stablecoin issuer Circle and publicly traded special purpose acquisition company Concord Acquisition Corp mutually ended their proposed business combination after the deal “timed out.” The mutual termination comes after over a year and a half of deliberating around the terms of Circle’s potential multibillion-dollar listing. Previously, Circle had been eyeing an entry into the…

Sam Bankman-Fried is a con man and fraudster of historic proportions. But you might not learn that from the New York Times, CoinDesk’s Chief Insights Columnist David Z. Morris writes. In the weeks since Sam Bankman-Fried’s cryptocurrency empire was revealed to be a house of lies, mainstream news organizations and commentators have often failed to…

Breaking crypto news from the last week (Nov. 26–Dec. 2, 2022): Nov. 27: Recently announced, Binance’s Proof-of-Reserves system met criticism from Kraken’s CEO Jesse Powell. Soon, Binance CEO Changpeng “CZ” Zhao responded on Twitter to the remarks made by Jesse Powell. CZ was quoted as saying “Upcoming Plans: Involve third-party auditors to audit PoR outcomes.”…