Author: Crypto Insider

Sam Bankman-Fried is a con man and fraudster of historic proportions. But you might not learn that from the New York Times, CoinDesk’s Chief Insights Columnist David Z. Morris writes. In the weeks since Sam Bankman-Fried’s cryptocurrency empire was revealed to be a house of lies, mainstream news organizations and commentators have often failed to…

Breaking crypto news from the last week (Nov. 26–Dec. 2, 2022): Nov. 27: Recently announced, Binance’s Proof-of-Reserves system met criticism from Kraken’s CEO Jesse Powell. Soon, Binance CEO Changpeng “CZ” Zhao responded on Twitter to the remarks made by Jesse Powell. CZ was quoted as saying “Upcoming Plans: Involve third-party auditors to audit PoR outcomes.”…

Despite the liquidity crisis in the crypto sector, criminal activity targeting the crypto industry does not seem to be slowing down, Gulf News reported. The UAE cryptominers must beware of ‘cryptojackers,’ as 11% of all corporate users affected by ‘cryptojackers’ in the META region this year were from the UAE. According to cybersecurity and anti-virus…

Top investment deals across the crypto sector over the last week (Nov. 26–Dec. 2, 2022): Crypto news site CoinDesk draws buyout interest: Semafor Crypto news site CoinDesk, owned by Digital Currency Group (DCG), has received takeover interest including one that suggested a $300 million purchase price, according to Semafor, according to Semafor. Potential buyers circling…

The Middle East nation includes metaverse to merge play and prospects with prosperity that lasts, writes Iona Stanley on Gulf News Focus. Sustainability seeks to improve our lives on earth — from the air we breathe and the food we eat, to overcoming the perils of climate change. Meanwhile, the metaverse promises an escape from…

Top crypto news from the Middle East region over the last week (Nov. 25 – Dec. 1, 2022): OasisX: The Middle East going through a digital renaissance OasisX, the nascent curated multichain non-fungible token marketplace, aims to drive the adoption of NFTs in the MENA region and embrace Web3 in several ways integrating NFTs, blockchain,…