Author: Crypto Insider

Meta is reportedly trying to develop its own token to support its ambition of connecting users through the Metaverse. More tokens may be developed as Meta builds a metaverse, the report outlined. Despite Meta (ex-Facebook) recently giving up on its plans to create the Diem stablecoin, it’s reportedly still interested in creating tokens for use…

Beyon Money cardholders in Bahrain now will earn 3% to 5% cashback for using their cards to deposit into their crypto wallets on CoinMENA. CoinMENA and Beyon Money’s partnership will further solidify Bahrain’s position as a leading crypto hub in the Middle East. CoinMENA has partnered with Beyon Money, a financial service app powered by…

Stock and cryptocurrency trading app Robinhood announced at the Bitcoin 2022 conference today that it’s making plans to add the Bitcoin Lightning Network to its platform for speedier BTC transactions. It also shared that eligible users from its beta waitlist can now send and receive crypto through its crypto wallet feature. Robinhood announced the addition…

Binance CEO, Chengpeng Zhao, said cryptocurrencies are “terrible for avoiding sanctions.” He also noted the reason: “It is traceable.” He also explained how they lack the ability to freeze all Russian users’ assets. Chengpeng “CZ” Zhao, CEO of the biggest crypto exchange Binance, believes that cryptocurrencies are terrible for evading sanctions. This comment comes amid…

Mailchimp, the email marketing platform, has confirmed that hackers have stolen data from more than 100 of its clients and used the data to mount phishing attacks on the users of crypto services. Trezor hardware wallet users and Decentraland metaverse platform were also affected. Hackers used internal tools from Mailchimp to target customers from a…

An analytic report from American investment firm VanEck says Bitcoin appears to have a much higher upside potential than gold. If each of the assets becomes the only reserve asset globally, Bitcoin could top $1.3 million, while gold may reach a price of $31,000 per ounce, respectively. However, these extreme cases have a more likely…