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.
Venture capital firm Founders Fund, co-founded by Peter Thiel, has invested in the cryptocurrency prediction market platform Polymarket, which allows users to place bets on various events, including U.S. presidential elections. The project has raised a total of $70 million, with even Vitalik Buterin joining in as one of the investors.
Data from Deribit shows a significant concentration of ETH call options (as of this writing) around a strike price of $6,500 for June.
The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Zoox, an Amazon-owned developer of systems for autonomous vehicles, following two incidents involving Toyota Highlander SUVs equipped with its technology.
The term “ultrasound money” refers to a currency that resists inflation and maintains its long-term purchasing power.
Neel Somani, CEO and founder of the L2 blockchain Eclipse, has temporarily reduced his public involvement in the project amidst numerous allegations of sexual harassment. He believes this step will help protect the project’s reputation and minimize damage to other members of the ecosystem.
TikTok is set to automatically label content produced by artificial intelligence through the integration of Content Credentials technology. This system identifies AI-generated content and inserts special tags into the metadata, which are displayed to users.
A new Web3 mini-game, Pocket Rocket, has launched on the Whitechain blockchain. This space-themed strategy clicker game invites players to compete for valuable crystals and positions on the global leaderboard.
Mastercard, in collaboration with banking giants CITI and JPMorgan, is currently testing a blockchain-based settlement system.
Microsoft has developed a generative AI model specifically for U.S. intelligence agencies, aimed at processing the large volumes of confidential data they receive daily. This AI operates independently of the internet and is managed via a dedicated cloud infrastructure.
Recently, the cross-chain transfer project LayerZero (L0) announced that it took its first snapshot on May 1st. This snapshot is likely to serve as the basis for distributing an airdrop among early users.
The Ethereum Name Service (ENS) has filed a petition with the U.S. Patent and Trademark Office (USPTO) to challenge the validity of a patent held by the competing blockchain domain name project, Unstoppable Domains (UD).
Terraform Labs has declared its opposition to paying the $5.3 billion fine levied by the American regulatory authority, pointing out that most investors in the TerraUSD (UST) stablecoin are based outside the U.S. It should be noted that the project saw a total of $40 billion in assets obliterated.
Pavel Durov, creator of Telegram, has been actively learning Ukrainian, a language closely connected to his maternal Ukrainian roots. He discussed this revelation with his audience following a survey that showed strong interest in Ukrainian as the next topic from the esteemed entrepreneur and coder.
Chairman Patrick McHenry of the U.S. House Financial Services Committee has accused SEC Chairman Gary Gensler of misleading Congress.
The Ukrainian Ministry of Foreign Affairs has launched a digital AI avatar named Victoria Shi (AI in Ukrainian: ШІ), modeled after the singer Rosalie Nombre, to provide consular information to the media. Her statements are scheduled to be published on official pages and sent to journalists in advance.
Cryptocurrency exchange Binance faces the risk of losing access to the European Union market if French regulators reject the company’s application for registration under the new MiCa legislation. A major reason for this could be that Changpeng Zhao (CZ) is the sole owner of the French branch, holding 100% of its shares.
Newly revealed documents from a Consensys lawsuit indicate that the SEC’s committee approved an investigation named “Ethereum 2.0” in April 2023. According to Fox Business, these documents provide insights into the SEC’s evolving views on Ethereum’s classification as a security.
The non-profit European Center for Digital Rights (NOYB) has filed a complaint against the AI developer OpenAI for breaching GDPR. As it turns out, ChatGPT can still provide inaccurate information about individuals due to AI hallucinations, contravening EU legislation that mandates accuracy in personal data.
The North Korean hacking group Lazarus is now impersonating the CEO of Fenbushi Capital, a Chinese digital asset management company, to launch phishing attacks on LinkedIn users, reports cybersecurity firm SlowMist.
The U.S. Securities and Exchange Commission (SEC) has charged the Texas-based mining company Geosyn and its founders, Caleb Ward and Jeremy McNutt, for engaging in fraudulent activities.
Some clients of the defunct crypto platform Celsius intend to challenge the restructuring plan in court, dissatisfied with the allocation of assets among creditors. Those with locked cryptocurrency collateral are particularly unhappy, feeling they have received insufficient compensation.
Linda Jeng, CEO of Digital Self Labs, a Web3 venture, praised the Federal Trade Commission’s (FTC) prohibition of non-compete agreements that limit employees from moving to rival companies. Linda shared how this issue had personally affected her career.
Sam Altman’s Worldcoin project is facing a shortage of its Orb devices, used for capturing biometric data such as iris scans. This data is integral to verifying users and preventing the creation of duplicate or fake accounts.
Coca-Cola and Microsoft have announced a five-year strategic partnership to advance the digital transformation of the beverage giant through Microsoft’s cloud technologies and artificial intelligence innovations.
The U.S. Department of Justice is pushing for a three-year prison sentence and a $50 million fine for the former Binance CEO, Changpeng Zhao (CZ), due to violations of federal sanctions and anti-money laundering laws.
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.