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.
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.
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.
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.
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.
South Korean tech behemoth Samsung Electronics is setting its sights on surpassing Taiwanese chip titan TSMC and becoming the first to manufacture chips using 2-nanometer technology in the US. In pursuit of this goal, Samsung is channeling approximately $40 billion into research and the modernization of its Texas facility, projecting to outpace its rival by two years.
The executive committee of SAG-AFTRA, the united union of actors and musicians, has provisionally approved a new agreement with major recording companies, including Warner Music Group and Sony Music Entertainment. Among other things, this agreement addresses the regulation of artificial intelligence in the music industry.
On April 12th, a former senior security engineer for a major international tech company was sentenced to three years in prison. His crimes involved the hacking of two decentralized cryptoexchanges, as well as the theft of over $12 million in digital assets.
A group of Chinese investors victimized by a fraudulent scheme has appealed to their government for assistance in reclaiming funds discovered in the UK.
Celesta Capital, a venture firm managing over $1 billion in assets, has identified the United States as the best location for investments in artificial intelligence. This decision is largely influenced by the U.S.’s proactive policies to stimulate domestic chip manufacturing. Celesta has historically invested in AI, with a particular focus on healthcare and autonomous transportation sectors.
WhatsApp is testing the Meta AI chatbot among its user base in India and some yet-to-be-revealed regions. Remarkably, more than 500 million of WhatsApp’s 2 billion users worldwide are in India.
The Securities and Exchange Commission (SEC) of the United States secretly investigated Dapper Labs, known for its NFT initiatives, concluding its probe on September 29, 2023. Fortune, an American business publication, disclosed this based on an internal agency document.
British autonomous vehicle manufacturer Wayve Technologies announces the opening of a new research and development hub in Vancouver, Canada, marking its third establishment following London and Mountain View in California. The initiative will be spearheaded by the company’s Chief Scientific Officer, Jamie Shotton.
Solana’s developers have shed light on the root causes of the network’s recent congestion issues. High system load is a primary factor, yet there are other factors as well.
The Metamask cryptocurrency wallet has introduced new features to its Portfolio platform, notably enabling users to check if their wallet address is eligible for any airdrops they might have overlooked or been unaware of.
UK prosecutors have charged a group of individuals with the kidnapping of Chinese businessman Dylan Huang. Law enforcement reports reveal that the criminals sought a ransom of $15 million in BTC, while subjecting him to threats, physical assault, and confinement for over 30 hours.
VanEck CEO Jan van Eck is championing a shift in focus towards decreasing transaction fees on Ethereum and Bitcoin, rather than pushing for another spot ETF. He argues that the unpredictable and often high fees significantly hinder both app developers and end-users.
Former cryptocurrency journalist Jacquelyn Melinek and investor Anthony Pompliano have announced the launch of Token Relations. This platform is aimed at facilitating connections between blockchain projects and stakeholders, offering an alternative to current promotional channels.
Worldcoin unveils fresh privacy regulations, enabling users to remove their World ID information and instituting age checks to bar under-18s. These modifications come as a nod to data protection watchdogs’ suggestions.
The Department of the Treasury in the United States is pressing for expanded authority to levy sanctions against crypto exchanges and digital asset providers involved in illicit transactions.
U.S. authorities have indicted trader Avraham Eisenberg for orchestrating a fraud and market manipulation scheme on the decentralized exchange Mango Markets. The reports indicate that in late 2022, he intentionally drove up the price of the MNGO token by 1300%, leveraging it as collateral to secure a $110 million loan he failed to return.
TSMC’s U.S. operations are set to receive a $6.6 billion grant for constructing facilities in Arizona, along with an additional $5 billion in low-interest government loans. The company aims to launch the production of 2-nanometer technology chips by 2028.
YouTube’s CEO, Neal Mohan, has made it clear that OpenAI is forbidden from using YouTube user content to train its AI model, Sora, capable of creating short videos based on textual inputs. Mohan emphasized that this goes against YouTube’s service terms.
In a move by the bankrupt exchange FTX, between 25 to 30 million SOL tokens have been sold to Galaxy Trading and Pantera Capital for $64 each, according to anonymous sources cited by Bloomberg. This transaction is valued between $1.6 to $1.92 billion, though the exact date of the sale remains undisclosed.
According to staffing company Adecco Group, a significant number of top executives (41%) anticipate staff reductions and the automation of repetitive tasks with artificial intelligence. However, many have not fully succeeded in integrating this new technology into their operations.
New FTX CEO John Ray III, overseeing the exchange’s bankruptcy, continues to draw a hefty salary of $1,575 per hour. In March 2024, he clocked 231 hours, netting $363,825, which annualizes to approximately $4.36 million, though these figures may vary from month to month.
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.