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.
The Ethereum Foundation has published a financial report detailing its assets, which amount to nearly $970 million. Of this, $788.7 million is held in cryptocurrencies, with ETH constituting 99.45% of the portfolio. Approximately $181.5 million is invested in conventional assets and cash reserves.
CBC Toronto reported that Dean Skurka, CEO of WonderFi, a Canadian crypto company, was abducted in downtown Toronto. He was forced into a vehicle and taken to an undisclosed site, where kidnappers demanded CAD 1 million (approximately $720,000), threatening his safety.
Justin Sun, the visionary behind Tron (TRX) and major investor in HTX (Huobi), has proposed a new career path for Gary Gensler, the chair of the U.S. SEC.
Faced with mounting competition in Bitcoin mining, Michael Novogratz’s Galaxy Digital is redirecting its focus. The company is now eyeing alternatives that could promise higher revenue streams.
UBS, the prominent Swiss bank, has revealed a successful pilot project for UBS Digital Cash, a blockchain-powered multicurrency payment solution aimed at improving cross-border transactions.
In a recent interview, Changpeng Zhao (CZ), the ex-CEO of Binance, shed light on his present association with the crypto platform and the potential sale of his controlling shares. Learn why the billionaire entrepreneur is not eager to sell now and his thoughts on the updates to social network X.
Brad Garlinghouse, the CEO of Ripple, delivered a distinctive congratulatory message to the new president. In addition to his well-wishes, he proposed key reforms aimed at restructuring the SEC in Trump’s early administration.
Several DeFi sector cryptocurrencies posted daily gains exceeding 20% after Donald Trump appeared as the clear winner of the U.S. presidential election on November 6. Investors are optimistic that the new White House administration will foster a more favorable climate between regulators and the crypto industry.
Gary Wang, co-founder and former Chief Technological Officer of FTX has appealed for no jail time as a key witness in the case.
The Avalanche Foundation has finalized the acquisition of 1.97 million AVAX tokens from the liquidated Luna Foundation Guard (LFG). LFG initially acquired these tokens to support the Terra blockchain ecosystem during its active period.
Donald Trump’s comeback as the 47th U.S. president is a huge win for the crypto industry, Coinbase CEO Brian Armstrong said in a recent post on X (formerly Twitter).
Crypto betting platforms now face the threat of prohibition.
? How did Trump’s victory impact the crypto industry’s leaders? ? Dive into the reactions of prominent crypto figures and leaders –> detailed on our site.
On November 6, Dogecoin (DOGE), one of the first and most iconic meme coins, shot up by more than 20% as Donald Trump surged to the front in the U.S. presidential race. DOGE is now poised to challenge XRP for the #7 spot in the crypto market rankings.
Donald Trump’s post-return agenda to the White House includes measures such as significant import tariff hikes, escalating trade conflicts with China, and aggressive deficit reduction. His determination to weaken the US dollar stands out as particularly significant.
Pro-crypto candidates now hold a majority in both the U.S. House and Senate, according to data from Stand With Crypto, a public initiative backed by Coinbase CEO Brian Armstrong.
According to Protos, the Linux Foundation has officially ended support for its long-standing Bitcoin Mailing List, which served as a central hub for Bitcoin developers for over a decade.
According to the state comptroller, Israel is losing substantial revenue due to an ineffective tax system for cryptocurrency transactions. Between 2018 and 2022, the country could have collected an additional $250 million annually by taxing digital asset users.
The leading cryptocurrency, Bitcoin, has reached a new all-time high of $75,000.
CoinShares has criticized MicroStrategy’s decision to pursue $42 billion in Bitcoin acquisitions, suggesting that the company should focus more on financial stability and bond attractiveness. MicroStrategy plans to fund the purchases by selling shares steadily over the next three years.
On November 5, voters across the U.S. will decide their next president in a contest that’s also attracting significant attention from the crypto sector. With Donald Trump and Kamala Harris running neck and neck, early results may be available as soon as the evening of November 6.
Binance’s legal counsel has submitted a fresh motion to the court, requesting the dismissal of the SEC’s updated complaint against the exchange.
Cartwright, a large pension advisor in the UK, announced allocating 3% of its assets to Bitcoin. This is a first-of-its-kind Bitcoin investment move by pension specialists in the country.
On November 5, 2024, an attendee of Ethereum Devcon, one of the largest crypto events, was robbed by two criminals in Bangkok.
On November 4, 2024, Semler Scientific—a leader in developing and marketing technology solutions for healthcare providers managing chronic conditions—announced its Q3 financial results.
This is perhaps the most iconic crypto loss story of all time. In 2011, Stefan Thomas received 7,002 BTC for making a video. Today, that stash is worth $240 million. But he forgot the password. An entire fortune locked away forever.
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.
