19 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.

Ionic Digital Delays IPO

Ionic Digital Delays IPO

Mining company Ionic Digital, which acquired assets from the defunct Celsius platform, postponed its initial public offering (IPO) after losing its CEO and auditor. However, the company’s management remains committed to its plans to go public.

09 Aug 2024
Tether Plans Major Team Expansion

Tether Plans Major Team Expansion

Tether, the issuer behind the USDT stablecoin, is planning to double its headcount over the next year to better meet regulatory demands. This expansion will bring the company’s workforce to around 200 employees. The financial department, responsible for managing the company’s $118 billion in reserves, will also see the bolstering.

09 Aug 2024
Gyroscope Unveils Yield-Bearing Stablecoin

Gyroscope Unveils Yield-Bearing Stablecoin

DeFi protocol Gyroscope introduced a yield-bearing version of its stablecoin, Savings GYD (sGYD), offering an annual return of approximately 12–15%, depending on market conditions.

08 Aug 2024
Anthropic Offers Payments for AI Jailbreak Discoveries

Anthropic Offers Payments for AI Jailbreak Discoveries

Anthropic, an AI development company, broadened its bug bounty program to reward those who discover vulnerabilities in AI models.

08 Aug 2024
Ripple Scores Legal Victory Over the SEC?

Ripple Scores Legal Victory Over the SEC?

District Judge Analisa Torres of the Southern District of New York imposed a $125 million fine on Ripple, citing their sales of XRP to institutional clients as breaches of federal securities laws.

08 Aug 2024
Arthur Hayes: ‘Trump or Harris, it doesn’t matter’

Arthur Hayes: ‘Trump or Harris, it doesn’t matter’

In an interview with DLNews, Arthur Hayes, co-founder of BitMEX, stated that both Trump and Harris’ administrations will continue to print money. Hayes believes this will drive cryptocurrency prices up, although the journey might be volatile.

07 Aug 2024
Coinbase Co-Founder Starts a New Company

Coinbase Co-Founder Starts a New Company

Fred Ehrsam, a co-founder of the cryptocurrency exchange Coinbase, teamed up with Quintin Frerichs to establish a new company called Nudge. This venture is set to develop an ultrasonic headset aimed at enhancing people’s daily lives. It will enable users to boost focus or go to sleep with just the press of a button.

07 Aug 2024
Kamala Harris Hires New Crypto Advisors

Kamala Harris Hires New Crypto Advisors

U.S. Democratic presidential candidate Kamala Harris hired two new advisors linked to the cryptocurrency industry: David Plouffe and Brian Nelson. However, their approaches and views on digital assets, as well as their previous work experiences, differ significantly.

07 Aug 2024
Saudi Arabia Invests $750 Million in Augmented Reality

Saudi Arabia Invests $750 Million in Augmented Reality

Since early 2023, Saudi Arabia’s Public Investment Fund (PIF) injected more than $750 million into Magic Leap, an augmented reality company. The investments were split into two tranches: $590 million at the start of 2023 and $160 million a year later as convertible debt.

06 Aug 2024
Google Unveils AI-Powered Thermostat

Google Unveils AI-Powered Thermostat

Google introduced the next generation of its smart thermostat, the Nest Learning Thermostat, after a ten-year break. This latest model boasts an entirely new design and several upgrades, including support for the Matter smart home standard. The key innovation, however, is the integration of artificial intelligence.

06 Aug 2024
Federal Judge Declares Google a Monopoly

Federal Judge Declares Google a Monopoly

A federal judge ruled in favor of the U.S. Department of Justice, determining that Google spent billions to maintain its search monopoly, as reported by the Financial Times.

06 Aug 2024
SEC Declines to Provide Additional Documents in Coinbase Case

SEC Declines to Provide Additional Documents in Coinbase Case

The U.S. Securities and Exchange Commission (SEC) asked the court to reject Coinbase’s request for a broad range of documents related to crypto assets. The regulator argues that it has already provided all necessary documents, including relevant notices and materials from investigations unrelated to the case against Coinbase, and that the remaining documents are not relevant.

06 Aug 2024
UK Welcomes Crypto-Focused Xapo Bank

UK Welcomes Crypto-Focused Xapo Bank

Xapo Bank, a crypto-focused financial institution, received a license in the UK and officially launched interest-bearing accounts in USD and BTC. The Bitcoin account offers an annual interest rate of 1% paid directly in BTC, without the need to lock funds or lend to other users.

05 Aug 2024
BTC Falls Below $50,000: What’s Behind the Crypto Market Turmoil?

BTC Falls Below $50,000: What’s Behind the Crypto Market Turmoil?

On August 5, the markets were shaken as BTC dropped below $50,000, and ETH nearly hit $2,100. Throughout the day, over $1 billion in trading positions were liquidated, according to CoinGlass.

05 Aug 2024
Chinese Rival to ChatGPT Raises an Additional $300 Million

Chinese Rival to ChatGPT Raises an Additional $300 Million

The Chinese artificial intelligence startup Moonshot has successfully completed another funding round, attracting over $300 million and raising the company’s valuation to $3.3 billion. Notable investors include major tech and financial firms such as Tencent, Alibaba, and Gaorong Capital.

05 Aug 2024
Nvidia Delays Release of Next AI Chip

Nvidia Delays Release of Next AI Chip

According to The Information, Nvidia has postponed the release of its next AI chip, the Blackwell B200, by several months due to a design flaw. The company has already informed key buyers, including Microsoft and other cloud providers, about the delay.

03 Aug 2024
Unemployment Data Temporarily Lifts BTC

Unemployment Data Temporarily Lifts BTC

On August 2, the U.S. Bureau of Labor Statistics reported an increase in the unemployment rate to 4.3% in July, exceeding expectations of 4.1%.

02 Aug 2024
Convergence Lost Approximately $210,000 Due to an Exploit

Convergence Lost Approximately $210,000 Due to an Exploit

On August 1, a bug in the DeFi protocol’s smart contract allowed a hacker to mint and claim 58 million CVG. The attacker then sold these tokens for $210,000.

02 Aug 2024
WhiteBIT Launches Its Own Mining Pool

WhiteBIT Launches Its Own Mining Pool

Bitcoin doesn’t necessarily have to be bought—it can be mined. However, competing with large mining companies can be tough, prompting solo miners to consolidate their computing resources into pools. This strategy increases the overall hash rate of the pool, enhancing the likelihood of mining a new block. If successful, the reward is distributed among all participants proportionally to their contribution.

01 Aug 2024
Telegram’s Latest Update: A Web3 Browser and Mini-App Store

Telegram’s Latest Update: A Web3 Browser and Mini-App Store

On July 31, Telegram messenger announced an update that introduces several new features, including an integrated Web3 browser and a mini-app store.

01 Aug 2024
Manchester United Unveils Web3 Game with Collectible Cards

Manchester United Unveils Web3 Game with Collectible Cards

Manchester United announced the launch of Fantasy United, a Web3 game on the Tezos blockchain, along with a new series of digital cards featuring the club’s first-team players.

01 Aug 2024
Trump Unveils Exclusive Bitcoin Sneakers

Trump Unveils Exclusive Bitcoin Sneakers

Donald Trump, the U.S. presidential hopeful, took to his social network, Truth Social, to announce the sale of limited edition sneakers bearing the BTC logo and the phrase “Trump — Crypto President.” These sneakers are offered in black and orange.

31 Jul 2024
Bahamas Tightens Crypto Regulations

Bahamas Tightens Crypto Regulations

DARE 2024 expands on the previous DARE 2020 Act, covering a wider range of digital asset activities, including advisory and management services, crypto derivatives, and staking.

31 Jul 2024
Update for ChatGPT Plus Users

Update for ChatGPT Plus Users

OpenAI announced the introduction of an advanced Voice Mode for some subscribers of its paid service. If you’re one of them, you might have received a notification in the app or an email.

31 Jul 2024
Animoca Brands and LayerZero Form Strategic Partnership

Animoca Brands and LayerZero Form Strategic Partnership

As part of the partnership, LayerZero will serve as the default interoperability solution for projects within the Animoca Brands portfolio. Furthermore, Animoca will recommend LayerZero to its 540 investment portfolio companies.

31 Jul 2024

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.