Author: Crypto Insider

One of the original NFT marketplaces, MakersPlace, has announced a $30 million Series A round of venture financing on Aug 4, led by Bessemer Venture Partners and Pantera Capital. It also includes a number of backers from the venture arm of Coinbase and Sony Music Entertainment to many important persons in the worlds of sports,…

On Tuesday, the Poly Network suffered a $612-million hack that did the hacker steal assets from Ethereum, Binance Chain, and the Polygon Network. It’s the biggest heist in DeFi history. However, the suspected hacker already returned over half of the stolen funds, saying he did it “for fun.” On Aug. 10, a hacker exploited a…

The NFT boom caused OpenSea trading volume to explode 76,240% year-to-date. The non-fungible token (NFT) marketplace processed 1.18 million transactions worth $1.06 billion just in the last 30 days. Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea in 2021 have surged by over 12,000%. According to DappRadar data, the total incoming value to OpenSea’s…

According to a new KPMG report, cryptocurrency and blockchain investments continue to grow thanks to ever-rising investor interest and have already doubled the value since 2020. Investors now have a better understanding of crypto assets and the operational and procedural side of crypto, a report claims. The study, titled “Pulse of Fintech H1 2021,” covers…

The financial package for Argentine soccer star Lionel Messi’s much-anticipated move to Paris Saint-Germain includes payment in crypto fan tokens, sources claim, providing another big-name endorsement for new digital assets. Lionel Messi’s transfer to PSG included a payment in cryptocurrency fan tokens, the club confirmed on Thursday. 34-year-old Messi left Spanish club Barcelona and signed…

Ethereum began as a spark in the eye of co-founder Vitalik Buterin’s back in 2013. That’s when he released the whitepaper for the project, though the Ethereum network wouldn’t see the light of day until 2015. In between, there was the Ether sale in 2014, which is when early buyers could scoop up some of…