Author: Crypto Insider

In January, global NFT sales volume is hitting new all-time highs of $8.6 billion despite the crypto market’s latest sell-off. According to data aggregator CryptoSlam, global NFT sales have topped previous records with $8.6 billion worth of sales in January, dwarfing the previous high of $4.5 billion set in August. New data from blockchain research…

Speaking at the company’s earnings for Q1 of 2022, Apple CEO Tim Cook said that the company sees a “lot of potential” in the metaverse and invests in the technology. Tim Cook addressed the idea of the “metaverse” during Apple’s Q1 2022 earnings call with analysts and investors. In response to a question from Morgan…

According to anonymous sources, Meta (ex-Facebook) appears to be looking to pull the pin on its Diem/Novi crypto project, with company representatives searching for a buyer for its intellectual property. After three years of development and a raft of changes to its name, scope, leadership, and purpose, it seems like Meta’s trouble stablecoin project may…

OpenSea, the leading NFT marketplace, is reportedly preparing to feature NFTs on the Solana (SOL) blockchain soon. With NFTs hosting over $17.5 billion cumulatively, the addition of Solana-based NFTs to Opensea might explode it furthermore. Screenshots shared by Jane Manchun Wong, a prolific hacker who has leaked several yet-to-launch features of tech platforms, indicate this,…

Why this downturn is different from 2018. Michael J. Casey, CoinDesk’s Chief Content Officer, shared his opinion in Money Reimagined, a weekly look at the technological, economic, and social events and trends that are redefining our relationship with money and transforming the global financial system. When token markets plunged in 2018 following the initial coin…

Cryptocurrency exchange FTX US has raised $400 million in its first funding round from investors, including Japan’s SoftBank Group Corp and Singapore’s Temasek Holdings, reaching the market value at $8 billion. The investment gives FTX US a valuation of $8 billion, placing it among the world’s most valuable private crypto firms. Investors in the round…