13 Jan 2025

Breaking News

Stay ahead of the curve with The Coinomist’s breaking news coverage. From major market shifts to regulatory updates and industry-defining announcements, we deliver the critical information you need, fast and accurate. Be the first to know about the stories shaping the world of cryptocurrency, business, investing, and Web3.

Investors Accuse Cube Entertainment CEO of Crypto Fraud

Investors Accuse Cube Entertainment CEO of Crypto Fraud

The co-CEO of Cube Entertainment, Kang Seung-kon, is under scrutiny following allegations of involvement in a cryptocurrency investment scam. Kang is accused of using his position and the company’s reputation to deceive investors, resulting in large financial losses.

10 Jan 2025
WhiteBIT TR Announces Strategic Partnership with Misyon Bank

WhiteBIT TR Announces Strategic Partnership with Misyon Bank

WhiteBIT TR has partnered with Turkey’s Misyon Bank to strengthen its foothold in the crypto market and drive European expansion.

10 Jan 2025
Razzlekhan Returns — A Brazen Move Before Prison

Razzlekhan Returns — A Brazen Move Before Prison

Heather Morgan, the crypto world’s notorious Razzlekhan, premiered her video “Razzlekhan vs. The United States” just days before starting her 18-month sentence for the Bitfinex hack.

10 Jan 2025
Euro Stablecoins Eye Growth Under MiCA, Says JPMorgan

Euro Stablecoins Eye Growth Under MiCA, Says JPMorgan

Analysts at JPMorgan predict that euro-denominated stablecoins will grow under Europe’s MiCA (Markets in Crypto-Assets Regulation) framework.

10 Jan 2025
CleanSpark Hits 10,000 BTC Milestone: A New Record!

CleanSpark Hits 10,000 BTC Milestone: A New Record!

U.S.-based mining company CleanSpark has surpassed 10,000 BTC in holdings, all mined exclusively using its own infrastructure.

10 Jan 2025
Polymarket Faces CFTC Scrutiny Again

Polymarket Faces CFTC Scrutiny Again

Regulators are turning up the heat on prediction markets. The Commodity Futures Trading Commission (CFTC) has issued a subpoena to Coinbase, requesting customer information linked to the Polymarket prediction platform.

10 Jan 2025
RLUSD Gearing Up for Listings

RLUSD Gearing Up for Listings

Ripple’s senior vice president of stablecoins, Jack McDonald expects RLUSD, the company’s new dollar-backed stablecoin, to be listed on several major crypto exchanges soon.

10 Jan 2025
Bitcoin’s Institutional Adoption Gains Momentum

Bitcoin’s Institutional Adoption Gains Momentum

Thumzup Media and KULR Technology Group have acquired Bitcoin worth $1 million and $21 million, respectively. Both companies aim to hold 90% of their reserves in BTC, emulating MicroStrategy’s bold strategy. Institutional enthusiasm for Bitcoin remains strong even after its price fell to $95,000.

09 Jan 2025
Bitcoin ETF Outflows Surge as Bitcoin Trades Below $95,000

Bitcoin ETF Outflows Surge as Bitcoin Trades Below $95,000

Major spot Bitcoin ETFs are experiencing significant outflows as prices dip and investors grow increasingly cautious.

09 Jan 2025
Do Kwon to Stand Trial in the US in January 2026

Do Kwon to Stand Trial in the US in January 2026

Terraform Labs co-founder Do Kwon is set to face a criminal trial in New York in January 2026 over the $40 billion TerraUSD stablecoin collapse in 2022. The trial is expected to last between 4 and 8 weeks.

09 Jan 2025
U.S. Court Approves Silk Road Bitcoin Auction

U.S. Court Approves Silk Road Bitcoin Auction

A federal court in California has authorized the U.S. government to sell off a record-breaking haul of seized cryptocurrency linked to Silk Road. The total revenue from the sale could reach $6.5 billion.

09 Jan 2025
Backpack vs. FTX: European Arm’s Purchase Sparks Dispute

Backpack vs. FTX: European Arm’s Purchase Sparks Dispute

The FTX bankruptcy estate has voiced strong opposition to what it describes as an unauthorized sale of FTX EU assets to Backpack Exchange, a venture established by former FTX employees.

09 Jan 2025
Oklahoma Paves the Way for Bitcoin Integration

Oklahoma Paves the Way for Bitcoin Integration

Senator Dusty Deevers has introduced the “Bitcoin Freedom Act,” aiming to incorporate BTC into Oklahoma’s economy. This initiative draws comparisons to El Salvador’s decision to adopt Bitcoin as legal tender, signaling a new era for cryptocurrency adoption.

09 Jan 2025
South Korean Crypto Exchanges Conduct Stress Tests for Crises

South Korean Crypto Exchanges Conduct Stress Tests for Crises

Martial law in South Korea on December 3 last year caused trading activity on crypto exchanges to skyrocket tenfold, emphasizing the need for robust preparation in future crises.

09 Jan 2025
Crypto Data Goes Next Level — Revolut Partners with Pyth Network

Crypto Data Goes Next Level — Revolut Partners with Pyth Network

Revolut’s partnership with Pyth Network introduces cutting-edge access to real-time market data, empowering DeFi developers with over 500 reliable data feeds to optimize operations in the digital economy.

08 Jan 2025
StarkWare Debuts SN Stack to Power Appchains on Starknet

StarkWare Debuts SN Stack to Power Appchains on Starknet

StarkWare’s launch of Appchains on Starknet marks a milestone. The SN Stack offers developers tools like Madara and Dojo to build tailored blockchains with ease.

08 Jan 2025
Thailand Goes Crypto: Bitcoin Payments Arrive in Phuket

Thailand Goes Crypto: Bitcoin Payments Arrive in Phuket

Thailand is set to pilot a cryptocurrency payment system in Phuket, aiming to make it more convenient for foreign tourists to use cryptocurrency for everyday purchases while giving businesses more payment options.

08 Jan 2025
Court Orders Bitcoin Millionaire to Reveal Private Keys

Court Orders Bitcoin Millionaire to Reveal Private Keys

A U.S. court has ordered Bitcoin investor Frank Richard Ahlgren III, convicted of tax fraud, to hand over private keys to his cryptocurrency wallets as part of a $1 million restitution order.

08 Jan 2025
South Korea Reviews Rules on Institutional Crypto Investments

South Korea Reviews Rules on Institutional Crypto Investments

South Korea might be opening the doors for institutional investors to trade cryptocurrencies, marking a big change in the country’s approach to digital assets.

08 Jan 2025
SPX6900 (SPX) Rises by Over 50% in a Week

SPX6900 (SPX) Rises by Over 50% in a Week

SPX6900 (SPX), a memecoin created with the mission of reaching a $69 trillion market cap to surpass the traditional S&P 500, keeps rising.

08 Jan 2025
Bhutan Officially Adds BTC, ETH, and BNB to State Reserves

Bhutan Officially Adds BTC, ETH, and BNB to State Reserves

Bhutan’s newly established special administrative region, Gelephu Mindfulness City (GMC), has announced the inclusion of select digital assets in its strategic reserves. This makes Gelephu the first region to formally adopt cryptocurrencies as part of its state reserves.

08 Jan 2025
Hex Founder’s Luxury Watch Collection Seized

Hex Founder’s Luxury Watch Collection Seized

Finnish authorities have seized a luxury watch collection worth an estimated $2.68 million from Hex founder Richard Schueler, also known as Richard Heart, who is currently the subject of an international manhunt.

08 Jan 2025
Crypto Companies Are Ramping Up Hiring

Crypto Companies Are Ramping Up Hiring

The U.S. crypto industry is seeing a surge in hiring as companies prepare for potential market growth under President Donald Trump’s administration.

08 Jan 2025
Coinbase Celebrates Legal Win

Coinbase Celebrates Legal Win

Coinbase has scored an important, though interim, victory in its ongoing legal battle with the SEC. This win not only reflects the exchange’s legal efforts but also highlights the inconsistencies in the SEC’s approach to classifying cryptocurrencies as securities.

08 Jan 2025
GoMining Expands to Solana

GoMining Expands to Solana

GoMining, a platform enabling users to earn Bitcoin through tokenized mining hashrate power (a form of cloud mining), has officially integrated with the Solana blockchain.

07 Jan 2025

Opinion

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Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers

Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers

Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.

Investigation

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Zora Network Reviewed: A Testnet Guide

Zora Network Reviewed: A Testnet Guide

Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.