Author: Crypto Insider

Months after getting exploited in one of the largest crypto-related hacks, the team behind Ronin announced the restart date. Axie Infinity’s Ronin sidechain is expected to be relaunched next week after the $625 million exploit, ‘with all user funds returned.’ Ronin Network, an EVM blockchain powering popular play-to-earn game Axie Infinity, has announced the reopening…

BitOasis, a UAE-based Middle East crypto exchange, said it laid off nine of its staff in the face of a downturn and market turmoil. Contrary, Binance has listed over two dozen openings in the Emirates. Founded in Dubai in 2015, BitOasis serves English and Arabic-speaking customers in the Gulf. “Earlier this week, nine employees were…

Goldman Sachs is reportedly seeking $2 billion in commitments from investors to buy distressed crypto assets of Celsius at steep discounts if the crypto lender goes bankrupt. The Wall Street firm is looking to raise $2 billion from investors to buy up distressed assets from troubled crypto lender Celsius, CoinDesk reported citing two sources familiar…

While the crypto market is a hot mess, leaving many investors struggling to turn a buck, the arbitrageurs enter – Lisa Pauline Mattackal and Medha Singh write for Reuters. Bitcoin and other cryptocurrencies have either been shackled to ranges or in decline since January, leaving your regular buy-and-hold investor with little option but to sell…

Portuguese professional footballer Cristiano Ronaldo and crypto exchange Binance have signed a multi-year joint marketing agreement. As a part of the deal, multiple Ronaldo NFT collections will be produced each year of the deal and released exclusively on the Binance NFT marketplace. “Together, we’ll give you the opportunity to own an iconic piece of sports…

Solana Labs is developing its own mobile phone titled “Saga,” an Android handset featured with Web3 dApps, integrated “Solana Pay” for QR-code payments, a mobile wallet, and a “seed vault” for private keys. According to Solana backers, the devices will cost around $1,000 and be available in early 2023. At an event in New York,…