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 Crypto.com has launched legal action against the U.S. Securities and Exchange Commission (SEC), stating that it is joining the fight alongside other industry players to protect the future of the crypto industry in the United States.
The native USDC stablecoin is now live on the Sui Network. This means developers and users can make transactions with it without any bridging.
With the upcoming release of HBO’s documentary Money Electric: The Bitcoin Mystery, debates have erupted online about whom HBO will claim as the real Satoshi Nakamoto. Bets are even being placed on Polymarket.
Uber, renowned for its ride-hailing and delivery services, has announced that it will be launching an AI-driven chatbot assistant (GPT-4o) to assist its drivers with real-time, useful information. Scheduled for an early 2025 release in the U.S., the assistant is designed to simplify tasks and provide relevant insights to drivers.
In the past 24 hours, the dog-inspired memecoin Neiro (NEIRO) soared over 16%, securing the highest return in CoinMarketCap’s top 100 rankings. The rest of the top five were rounded out by EIGEN, FTM, SUI, and SEI.
Binance has officially announced the 60th project on its Launchpool featuring Scroll (SCR). Pre-market trading for the token will start on October 11.
BitMEX co-founder Arthur Hayes discussed issues connected with token launches in the current crypto market.
In November 2022, FTX, once one of the largest cryptocurrency exchanges, filed for bankruptcy. Estimates indicated the company owed approximately $11.2 billion to its creditors.
The U.S. government is poised to significantly increase its funds following a Supreme Court ruling that opens the door for the sale of 69,370 BTC, seized from the notorious Silk Road dark web marketplace.
Dan Gallagher, the Chief Legal Officer at Robinhood, is being considered as a potential candidate to lead the U.S. Securities and Exchange Commission (SEC) if Donald Trump secures the presidency, Politico reports, referencing opinions from former SEC officials.
The International Monetary Fund (IMF) has revised its stance on El Salvador’s Bitcoin adoption. Initially, the IMF had been pressing for a complete ban on BTC’s use as official legal tender since 2021.
FalconX is accelerating its efforts to expand through acquisitions. The company plans to focus on acquiring top-tier, smaller companies, with a primary interest in tokenization, institutional infrastructure, and data analytics.
A new project brings tokenized whiskey barrels to the Bitcoin blockchain.
Tether, the issuer of the world’s largest stablecoin, USDT, is celebrating a decade of operations. In honor of this milestone, the company has announced a documentary titled “Stability and Freedom in Chaos,” which focuses on USDT’s role in combating national currency inflation, using case studies from countries like Turkey, Brazil, and Argentina.
The morning of October 7 saw a dramatic drop in the price of Bitget’s BGB token, plummeting from $1.14 to $0.064. While the price bounced back relatively quickly, several traders were affected by the volatility.
Crypto investment company 21Shares urged financial authorities to establish clear rules for the European market.
Crime gangs in Southeast Asia are increasingly using Telegram to traffic personal data such as credit card numbers, passwords, browsing histories, and more, according to a UN report. The report also mentions recent legal actions against Telegram founder Pavel Durov, initiated by French authorities.
In response to the MiCA regulations that took effect in the EU on July 1, 2024, Tether has revealed it’s working on a game-changing solution, specifically created for the European market. This bold move comes as Coinbase sets strict deadlines for compliance, with rumors swirling about a possible delisting of USDT within the European Economic Area.
Ben Adams, co-founder of Illyriad Games, proposed an initiative to speed up the Ethereum blockchain. His proposal, submitted as Ethereum Improvement Proposal (EIP) #8931, recommends reducing Ethereum’s slot time* from 12 seconds to 8 seconds.
The latest report from the Bureau of Statistics, published on October 4, shows that 254,000 new jobs were added in September.
Moo Deng, a baby hippo that became known on the internet has a crypto token inspired by it.
Coinbase, the world’s second-largest cryptocurrency exchange by trading volume, announced it will delist all stablecoins that do not meet the MiCA regulations set by European authorities. Among those at risk is USDT, the leading stablecoin issued by Tether Holdings Ltd.
On October 3, HBO revealed its upcoming documentary “Money Electric: The Bitcoin Mystery”. According to Politico, HBO claims to have identified the true Satoshi Nakamoto and plans to unveil their findings in the film, which is set to air on October 8.
A recent sale of a $56M CryptoPunk became a hot topic for discussions not only for the high price but for the nature of the transaction. There can be more behind the transaction for CryptoPunk #1563, the blockchain community was quick to spot.
A recent report from Kaiko reveals that Crypto․com has become the market leader in the U.S. for platforms supporting USD transactions. With over 50% of market share in weekly trading volume, the platform has outpaced Coinbase nearly three times over.
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.