Author: Crypto Insider

Breaking crypto news from the last week (Sept. 3 – 9, 2022): Sept. 3: Crypto exchange Crypto.com has pulled out of a $495-million sponsorship deal with the Union of European Football Association (UEFA) Champions League, citing legal issues it’s facing in some EU countries. Although, Crypto.com lasts a sponsorship for the FIFA 2022 Qatar World…

6th Blockchain Dubai Summit 2022 will be held in Grand Hyatt on October 14-15 A two-day Blockchain Dubai Summit 2022 in Grand Hyatt on October 14-15 is going to become the leading gathering of senior decision-makers discussing the impact of blockchain and crypto technologies on industries. The event will bring together tech visionaries, entrepreneurs, investors,…

MicroStrategy, a software development firm that has become a corporate Bitcoin vault, plans to sell up to $500 million of stock to fund more purchases of BTC. The deal is a sign firm’s exec Michael Saylor isn’t abandoning his bold plan to turn his software developer into a Bitcoin proxy. A filing on Sept. 9…

With the help of blockchain analysts firm Chainalysis, FBI agents seized $30 million worth of crypto stolen by the North Korean threat group Lazarus from the token-based play-to-earn game Axie Infinity. Hackers stole over $600 million from Axie earlier this year. The news was announced during the AxieCon event on Sept. 8, where the hosts…

Ethereum’s Bellatrix upgrade was successful Ethereum’s Merge came closer last week with its Bellatrix upgrade going live on Sept. 6. Bellatrix is the final step before the Ethereum blockchain switches to a proof-of-stake consensus model from its current proof-of-work model. The Bellatrix upgrade prepares Ethereum’s proof-of-stake Beacon Chain for The Merge with its mainnet Execution…

LUNA, the collapsed token of the Terra ecosystem, saw a price spike Friday morning. With more than tripled in price, its market cap jumped 210% within 24 hours. Spike could be tied to the ATOM ecosystem pump earlier, The Block’s researcher suggests. LUNA, a governance token of the recently collapsed Terra ecosystem, has more than…