20 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.

Celsius Creditors Starting a New Appeal

Celsius Creditors Starting a New Appeal

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.

26 Apr 2024
FTC Decision Liberates Workforce

FTC Decision Liberates Workforce

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.

25 Apr 2024
Worldcoin Faces Shortage of Biometric Orbs Amid Surging Demand

Worldcoin Faces Shortage of Biometric Orbs Amid Surging Demand

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.

25 Apr 2024
Coca-Cola to Integrate Microsoft AI into Its Operations

Coca-Cola to Integrate Microsoft AI into Its Operations

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.

24 Apr 2024
U.S. Prosecutors Propose Increased Sentence for CZ

U.S. Prosecutors Propose Increased Sentence for CZ

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.

24 Apr 2024
The Fall of Chivo: Hackers Leak More Data

The Fall of Chivo: Hackers Leak More Data

CiberInteligenciaSV, the hacking group behind the security breach of El Salvador’s state-run Bitcoin wallet Chivo, has started leaking portions of the app’s source code. They had already disclosed the personal information of almost all adult users in El Salvador (5.1 million people) who downloaded the wallet.

23 Apr 2024
Tech Giants Join Forces to Shield Children from AI’s Reach

Tech Giants Join Forces to Shield Children from AI’s Reach

Artificial intelligence developers including OpenAI, Anthropic, Stability AI, Google, Meta, and Microsoft have pledged to bolster security measures to protect children during the development and deployment of AI models. This effort is spearheaded by the nonprofits All Tech Is Human and Thorn, dedicated to child safety.

23 Apr 2024
WhiteBIT Steadfast in Contributing to Ukraine’s Victory

WhiteBIT Steadfast in Contributing to Ukraine’s Victory

The WhiteBIT cryptocurrency exchange in collaboration with the Whitepay company, has backed the establishment of the NGO Space Territorial Community Representative Center in Dnipro, Ukraine. This center will function as a coworking space accommodating 25 organizations and community groups. It will offer facilities for various events, consultations, and educational programs. Importantly, the center will have 75 specialists providing psychological support to veterans and families of fallen soldiers.

23 Apr 2024
Opt for Crypto: Venezuela’s Strategy Against U.S. Sanctions

Opt for Crypto: Venezuela’s Strategy Against U.S. Sanctions

Venezuela is stepping up its adoption of cryptocurrencies for fuel transactions in response to U.S. sanctions targeting the state-owned oil company PDVSA.

23 Apr 2024
WhiteBIT to List the Token of Ukrainian Boxer Usyk’s Project

WhiteBIT to List the Token of Ukrainian Boxer Usyk’s Project

Cryptocurrency exchange WhiteBIT is set to list the world’s first boxing token, RTF, of the Ready to Fight project, co-founded by renowned Ukrainian boxer Oleksandr Usyk and his coach Serhii Lapin. Trading is scheduled to commence at 10:30 AM (UTC) on April 24, 2024.

22 Apr 2024
ZKasino staked the ETH it ought to return to users

ZKasino staked the ETH it ought to return to users

The blockchain gambling project ZKasino has transferred 10,515 ETH ($33 million) of user funds to the Lido staking protocol, despite initially promising to return them to their owners.

22 Apr 2024
AI Escalates Misinformation in India

AI Escalates Misinformation in India

As India enters a six-week electoral period, misinformation is on the rise. According to Pratik Sinha, co-founder of the Indian fact-checking website Alt News, this misinformation is particularly aimed at dividing society and often targets specific communities on social media.

20 Apr 2024
Bitcoin Network Celebrates Its Fourth Halving

Bitcoin Network Celebrates Its Fourth Halving

On April 20th, at 0:09 UTC, the Bitcoin network reached a new milestone with the completion of its fourth halving at block 840,000, reducing the mining reward from 6.25 BTC to 3.125 BTC per block.

20 Apr 2024
Durov Discusses Tokenization and Revenue Sharing at Token2049

Durov Discusses Tokenization and Revenue Sharing at Token2049

During his keynote at the Token2049 conference, Pavel Durov, founder of Telegram, unveiled various blockchain integrations within the messaging app, including built-in NFTs and a new profit-sharing strategy for content creators.

19 Apr 2024
Stellar Calls for Blockchain Protocol Compatibility

Stellar Calls for Blockchain Protocol Compatibility

Denelle Dixon, CEO of the Stellar Development Foundation, argues that the key to broad adoption of blockchain protocols is to facilitate easy transfers between traditional finances and digital assets.

19 Apr 2024
Meta Releases Llama 3

Meta Releases Llama 3

Meta has introduced two new open-source LLMs from its Llama 3 series, available in various parameter configurations (8B/70B). Developers are inviting the global community to actively engage in testing and developers to assist in identifying any potential flaws or critical bugs.

19 Apr 2024
Google Ditches Employees in Favor of AI Deal

Google Ditches Employees in Favor of AI Deal

Google has fired 28 workers who objected to its deal with the Israeli Defense Ministry, which includes using cloud-based AI technologies. These employees had accused the company’s leadership of contributing to the genocide of Palestinians.

18 Apr 2024
Senators Lummis and Gillibrand Push for Stablecoin Regulation

Senators Lummis and Gillibrand Push for Stablecoin Regulation

Senators Cynthia Lummis and Kirsten Gillibrand have proposed a legislative framework for regulating payment-oriented stablecoins.

17 Apr 2024
CoinList Revamps Karma System and Launches New Trading Platform

CoinList Revamps Karma System and Launches New Trading Platform

CoinList has rolled out an update featuring a revamped Karma points system, designed to increase users’ chances of securing allocations in token sales.

17 Apr 2024
Mining Companies Face Challenges Ahead of Bitcoin Halving

Mining Companies Face Challenges Ahead of Bitcoin Halving

Shares of top mining companies such as Marathon Digital (MARA) and Riot Platforms (RIOT) have plunged more than 35% since the beginning of the year in anticipation of the upcoming Bitcoin halving. Analysts from these firms, however, consider the fears over reduced block rewards to be unfounded and maintain a positive outlook on the miners’ activities.

17 Apr 2024
Adobe Develops a New AI Video Model

Adobe Develops a New AI Video Model

Adobe is working on a new artificial intelligence model from the Firefly family, set to be integrated into Adobe Premiere Pro. This tool will enable users to create videos based on textual queries, manipulate objects within the footage, and expand the length of video recordings.

16 Apr 2024
Amazon Music Experiments with AI-Driven Playlists

Amazon Music Experiments with AI-Driven Playlists

Amazon Music is beta-testing a feature known as Maestro, an artificial intelligence-driven playlist generator. This functionality allows users to create personalized playlists through text input, emojis, specified emotions, or even auditory cues like other songs.

16 Apr 2024
Man Arrested for Cloud Mining Scheme

Man Arrested for Cloud Mining Scheme

American authorities have charged Charles Parks III with fraud and money laundering related to his operation of illegally mining cryptocurrencies using cloud services. From January to August 2021, the suspect orchestrated a cryptojacking scheme, exploiting third-party computing resources and equipment to mine cryptocurrencies.

16 Apr 2024
Hong Kong Greenlights BTC and ETH Spot ETFs, Yet There is a Catch

Hong Kong Greenlights BTC and ETH Spot ETFs, Yet There is a Catch

Harvest Fund Management, Bosera Asset Management, and China Asset Management have secured approval from the Hong Kong regulator to launch spot ETFs for Bitcoin and Ethereum.

15 Apr 2024
Microsoft to Upgrade Its Security Systems

Microsoft to Upgrade Its Security Systems

Microsoft is set to upgrade all of its security systems. The initiative includes accelerating response times to security breaches, enhancing personal data protection, and automating two-factor authentication processes. These upgrades were prompted by a detailed and critical report from the U.S. Cybersecurity Board.

15 Apr 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.