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.
BitMEX co-founder Arthur Hayes recently released an essay titled “Let’s Go Bitcoin”, where he addresses China’s economic challenges and anticipated shift to monetary easing, suggesting that this could lead to a significant BTC price increase.
Circle, the issuer behind the USDC stablecoin, has entered into a memorandum of understanding with Hong Kong’s largest telecommunications provider, HKT, to jointly create a blockchain-based solution for loyalty program management.
According to analytics platform Arkham, the Bhutanese government transferred $66 million in Bitcoin to Binance today as BTC prices topped $70,000. This transaction leaves the small Asian country with approximately 12,456 BTC ($889 million).
On October 25, the Wall Street Journal reported that U.S. authorities have launched an investigation into Tether, the leading issuer of stablecoin USDT. In response, Tether’s CEO Paolo Ardoino issued several remarks.
In his latest blog post, Vitalik Buterin, the lead architect of Ethereum, expanded on his insights into the network’s long-term development.
The Blockchain Association and the Crypto Council, two organizations dedicated to crypto advocacy, stepped up to support Beba and the DeFi Education Fund in a lawsuit against the US SEC (Securities and Exchange Commission).
World Liberty Financial, the project championed by Donald Trump’s sons and fueled by a recent $14 million private investment, is moving closer to releasing its USD-pegged stablecoin. According to Decrypt, the team is now focused on solidifying the technical backbone for the new coin.
On October 28, Apple announced the release of its first batch of AI features for compatible iPhones, iPads, and Macs. Apple CEO Tim Cook wrote on X that the update includes Writing Tools, intelligence in photos, and improvements to Siri.
The Bank for International Settlements (BIS) has collaborated with central banks from Australia, Singapore, South Korea, and Malaysia to test Project Mandala—a system designed to enhance cross-border payment speed and efficiency.
Meta, the parent company behind Facebook and Instagram, is developing an AI-powered search engine in a bid to reduce reliance on Google and Microsoft’s Bing, as reported by The Information on October 28, 2024.
On October 28, Phantom, the most widely used crypto wallet on the Solana network, reported intermittent service issues.
Paolo Ardoino, CEO of Tether, voiced apprehensions about Europe’s MiCA regulation (Markets in Crypto Assets), which he believes could pose substantial risks to stablecoin issuers.
Grok, an AI chatbot by Elon Musk’s xAI, can now understand images and answer users’ questions. You can try the feature only if you’re a paid user of the social platform X (formerly Twitter).
Airline company Delta Air Lines sued CrowdStrike, a cybersecurity software provider, claiming that a test update caused a global technological outage.
The Hong Kong government has announced expanded tax breaks for cryptocurrency investments and a simplified licensing process for crypto platforms.
Google is preparing to introduce its own intelligent assistant, codenamed “Project Jarvis.” Powered by the Gemini language model, this tool aims to transform the way people interact with computers.
The bankrupt crypto exchange FTX reached a $228 million settlement with Bybit, aimed at reclaiming assets to bolster funds for client and creditor repayments. FTX’s restructuring team actively sought to recover assets to strengthen its payout capacity.
In an interview with The Block, JPMorgan analysts expressed their belief that tokenized bonds backed by real-world assets (RWAs) could pose a significant challenge to stablecoins.
Through a multi-year AI partnership with Reuters, Meta now empowers its AI chatbot to legally integrate Reuters’ copyrighted news coverage in responses to user questions on news and events.
While many market participants are still banking on an Uptober surge, Deribit’s options platform puts the probability of BTC reaching $100,000 by year’s end at only 10%.
The U.S. Court of Appeals dismissed Ali Sedaghatpour’s case against Lemonade Insurance, where he had sought compensation after falling victim to a crypto scam. Sedaghatpour claimed the insurer wrongfully refused to cover his substantial cryptocurrency loss.
On October 25, a statue honoring Bitcoin’s founder, Satoshi Nakamoto, was inaugurated in Lugano, Switzerland. The statue, crafted by Valentina Picozzi, was commissioned as part of Plan ₿—an initiative founded in partnership between Tether and the Lugano city government to foster BTC and blockchain adoption.
Team Ripple requested the court to review some points in their previous ruling regarding the case against the SEC.
According to a filing on the U.S. Securities and Exchange Commission (SEC) website, Microsoft will bring the topic of corporate investments in Bitcoin to its next shareholders’ meeting on December 10.
Based on on-chain data from Arkham Intelligence, around $20 million was stolen from U.S. government crypto wallets. On October 24, the platform published an analysis on their X account.
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.
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