Author: Crypto Insider

Institutional investors continue to show interest in the crypto sector, even despite the negative effects caused by the FTX debacle, data from the crypto exchange Bitstamp shows, with institutional registrations increasing by 57% in November. Other traditional finance capital allocators also seem to view the situation as an opportunity to enter. According to crypto exchange…

The Decentranland metaverse announced a new platform feature that allows its virtual LAND owners to officially rent out the rights to the space for predefined periods through the digital marketplace. Decentranland users who own LAND can now become landlords to earn passive income from their metaverse assets. In an official statement, Decentraland describes LAND owners…

Warner Music Group, the major record label, announced on Dec. 6 a multi-year partnership with the Ethereum sidechain network and the Web3 music startup. Artists signed to Warner Music Group labels will be able to release music NFTs through the upcoming Polygon-based marketplace LGND Music. LGND Music is an online marketplace set to launch in…

Aave Companies has acquired Sonar, a mobile metaverse app whose users pilot NFT-linked avatars through digital worlds, with plans to integrate its Lens social media protocol with the platform. Following the acquisition, Lens Protocol will be integrated into a game app with about 20,000 monthly active users. Software development company Aave Companies announced on Dec….

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,…