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.
Crypto exchange Bitnomial has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), contesting its stance that XRP futures should be classified as “securities futures contracts.”
At the “We, Robots” event on October 10 at Warner Brothers Studio in Burbank, California, Elon Musk unveiled the Tesla Robotaxi. This autonomous electric vehicle, modeled after the futuristic Cybertruck, is called the Cybercab.
Financial services company Stripe has reenabled crypto payments after halting them in 2018. The announcement came from Jeff Weinstein, Product Lead at Stripe, via his post on X (formerly Twitter).
On October 10, the U.S. Bureau of Labor Statistics released the inflation data for September, with the year-over-year Consumer Price Index (CPI) dropping from 2.5% to 2.4%, moving closer to the Federal Reserve’s target of 2%.
47% of traditional hedge fund managers invested in crypto assets, according to the “6th Annual Global Crypto Hedge Fund Report 2024,” released by AIMA (The Alternative Investment Management Association) on October 10, 2024.
Uniswap, the decentralized exchange, has revealed its proprietary L2 blockchain, Unichain, developed using the OP Stack from Optimism. According to the development team, this initiative is part of a strategy to enhance Ethereum’s scalability, leading to a major increase in payment efficiency.
Brian Armstrong, co-founder of Coinbase, married his longtime partner Angela Meng this past weekend and shared the news on X.
Helium Mobile, a decentralized wireless service based on the Helium Network and connection services provider Ameriband teamed up to expand mobile network coverage in the US.
World Liberty Financial (WLF), a newly launched DeFi project connected to the Trump family, has put forward a proposal to integrate its platform with the Aave v3 protocol on Ethereum.
On October 9, 2024, the Optimism L2 blockchain team announced their 5th airdrop. As part of this event, 10.2 million OP tokens (roughly $16 million at current prices) will be distributed to 54,000 users.
On October 9, 2024, SEC Chairman Gary Gensler spoke at an event at the New York University School of Law in Manhattan. Once again, he took the opportunity to lay out the familiar crypto concerns that the SEC, under his leadership, has been raising for years.
FBI agents set up a fake company called NexFundAI, which issued several tokens on the Ethereum blockchain. The aim was to stage a trap to expose market makers involved in market manipulation and catch the fraudsters red-handed.
David Kagel, a retired American lawyer, was sentenced to five years in prison for operating a Ponzi scheme. In May 2024, Kagel admitted to conspiracy charges and has now received his formal sentence.
The VanEck Ventures fund will invest $30 million in cryptocurrency, fintech, and artificial intelligence projects. The focus will be on pre-seed and seed-stage startups, particularly those developing innovative payment systems.
Economist Tyler Cowen has put forward Ethereum’s founder, Vitalik Buterin, as a potential candidate for the Nobel Prize in Economics. Cowen made this statement during a podcast discussion with his colleague Alex Tabarrok on YouTube on October 8.
Scroll has shared the tokenomics for their upcoming token in a recent Twitter post.
The Financial Supervisory Commission (FSC) of Taiwan announced on October 8 that institutions can begin submitting applications to test bitcoin custody services. This information was provided by the Central News Agency.
According to data from the analytical platform LayerHub, only 13.2% of users on the crypto betting platform Polymarket have made a profit from their bets. Out of 176,000 gamblers, only 23,000 earned a profit, with just 8.7% of them making more than $1,000.
On October 7, 2024, the Federal Court in San Francisco made a landmark ruling that could reshape the mobile app ecosystem.
As part of its ongoing global expansion, OpenAI is establishing new offices in five strategic capitals. The move highlights the company’s commitment to innovation and its goal to recruit top-tier talent worldwide.
Coinbase, one of the largest crypto exchanges, now allows users to send Bitcoin to Taproot-enabled wallets. In an announcement on X, Coinbase mentioned the addition allows users to access more on-chain operations.
Former Alameda Research CEO Caroline Ellison is surrendering everything she owns to leave the FTX saga behind for good.
Earlier this month, HBO stirred the internet with its promise to reveal who Bitcoin inventor Satoshi Nakamoto is in a new documentary, “Money Electric: The Bitcoin Mystery.”
Crypto investment firm Canary Capital has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP ETF. This makes them the second issuer in just a week, following Bitwise, in their attempt to offer traditional investors exposure to Ripple (XRP).
Following a conflict with local authorities over accusations of spreading disinformation, the social media platform X is set to relaunch in Brazil. Elon Musk had to comply with court orders to unblock access to the platform. In legal battles with independent judicial systems, it becomes clear that charisma and wealth don’t protect anyone from accountability.
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.
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.