Author: Crypto Insider

Apple is adding standardizing acceptance of NFT-based apps to be available on the Apple App Store. However, the company is including their standard 30% transaction fees for all transactions, a mechanism that many NFT firms argue is unreasonable and simply not feasible for their existence in the store. In a report from The Information first…

The Grayscale Bitcoin Trust (GBTC), which has been trading at a discount since the beginning of 2021, hit a record low of -35.26% on Sept. 23. This decline comes four months after its previous all-time low of 34%. Now, Grayscale is suing the SEC after rejecting its application to convert to a spot Bitcoin ETF…

A new job posting on LinkedIn revealed that The Walt Disney Company is looking to hire a transaction lawyer working at an “accelerated and aggressive timeline” to explore new technology opportunities, like the metaverse, DeFi, and NFTs. The media conglomerate looks to expand into Web3 territory focusing on “next generation storytelling.” Meanwhile, Walmart sells NFT-linked…

Breaking crypto news from the last week (Sept. 17 – 23, 2022): Sept. 18: Metaplex, a creator of the NFT protocol on Solana, is launching an MPLX governance token and will conduct an airdrop for NFT creators. Metaplex said it took a snapshot of eligible creators who created NFTs via Metaplex by August 24 and…

Top crypto news from the Middle East region over the last week (Sept. 17–23, 2022): Islamic finance sector sees growth opportunities in crypto and metaverse New research of IslamicMarkets.com with leading Islamic finance professionals shows growing acceptance of crypto and digital assets and rising interest in the metaverse. Nearly 63% predict the adoption of crypto…

Crypto exchange Binance announced on Sept. 22 the formation of its new Global Advisory Board (GAB), a strategic council of experts to advise Binance on the regulatory, political and social issues faced by the crypto industry. Former US Senator Max Baucus will lead the Board, alongside a former Obama advisor and policy experts from around…