Author: Crypto Insider

Roger Parloff for Yahoo Finance “I hope to never be as wrong as I was in that conversation,” says Adam Yedidia. He is reflecting on a chat he had with Sam Bankman-Fried, his close friend and former MIT classmate, in fall 2017. Bankman-Fried was then inviting Yedidia to join him in launching a trading firm…

Breaking crypto news from the last week (07 – 13 Aug.2021): 07 Aug.: MakersPlace, one of the original NFT marketplaces, 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…

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…