Author: Crypto Insider

Emirates Post Group (EPG) announced on November 28 the first in the region issuance of non-fungible token (NFT) stamps in commemoration of the UAE National Day 2021. Each of the four NFT stamps carries a distinct design centered on the UAE national theme. The set of four different NFT stamps will be released on December…

The Starknet Alpha project has transitioned from several months of operation on the public testnet to the Ethereum mainnet, exceeding the initial schedule. The development progressed successfully during its time on the testnet, with regular updates introducing new features. Starknet Alpha is a Layer-2 scaling solution for Ethereum, built on ZK-Rollup technology. This technology leverages…

Breaking crypto news from the last week (Nov. 20 – 26, 2021): Nov. 20: One of the world’s leading crypto exchanges, Gemini, has secured $400 million in a recent investment round led by Morgan Creek Capital. The funding round values the company at $7.1 billion. Gemini also plans to invest heavily in alternative metaverse proposals….

Swedish financial and environmental authorities have called for a wide ban on cryptocurrency mining in European Union (EU), saying that the environmental risks are significant and that crypto-assets are commonly used for criminal purposes, such as money laundering, terrorist financing, and ransomware payments. They also cited India’s and the US’s preparations to fix the unregulated…

A new analysis has found that up to 70% of cryptocurrency trades on the world’s most popular exchanges may be people buying from themselves. It is a form of market manipulation on unregulated crypto exchanges to inflate prices artificially. A study of 29 cryptocurrency exchanges – including Coinbase, Gemini, Binance, Bittrex, Huobi, and many others…

Amid the latest price surge, propelling the crypto market above $3 trillion, Germany’s new chancellor Olaf Scholz warned over a “tulip bubble” developing over the crypto market, calling to keep “the currency monopoly” in the “hands of states.” “I would doubt whether [Bitcoin and cryptocurrencies have] any prospects as a currency model,” Scholz, who has…