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 ecosystem, including its L2 and L3 blockchains, has set a new record for transactions per second at 245 TPS. A significant portion of this achievement, nearly 50% or 101 TPS, was contributed by the relatively new gaming-focused L3 blockchain, Xai, even though its total value locked (TVL) is less than $2 million.
Tesla investors have accused Elon Musk of diverting the company’s resources and personnel to benefit his AI project, xAI.
Trezor has unveiled its latest hardware wallet, the Trezor Safe 5, and introduced the Trezor Expert onboarding service.
Tesla shareholders have approved a $56 billion compensation package for CEO Elon Musk. The decision came despite concerns from some institutional investors and proxy firms. Musk himself confirmed the positive vote outcome yesterday, though detailed results are expected to be released soon.
zkSync has released the FAQ report to respond to the community’s backlash concerning its recent airdrop. A major point of contention was why certain wallets received the airdrop despite having no activity, and some even had zero balances.
The Swiss financial regulator (FINMA) has shut down FlowBank, a bank that offered cryptocurrency trading, due to insufficient capital to conduct financial activities. Officials believe the company failed to meet even the minimum legal requirements for banking institutions.
Bloomberg sources report that Apple won’t be paying OpenAI for using its artificial intelligence features (ChatGPT) in its products, at least at the start of their collaboration. Apple believes that the value of embedding OpenAI’s technology into millions of its devices outweighs monetary payments.
Amanda Pritchard, the Chief Executive Officer of NHS England, has noted a significant rise in the number of people seeking help for issues related to cryptocurrency betting and trading.
Solana Labs has launched Bond, a new product tailored for corporate clients, enabling brands to create loyalty programs using blockchain technology.
Tether, the issuer of the USDT stablecoin, is set to invest another $1 billion over the next year in projects related to alternative financial infrastructure, artificial intelligence, and biotechnology.
Itaú Unibanco, a Brazilian bank, has announced that its BTC and ETH trading services are now accessible to all clients.
As the UK heads toward an election, the cryptocurrency industry is expressing support for the Labour Party, which leads in all the polls. However, there is uncertainty about what policies to expect, as Labour has not been in power since 2010, a time when Bitcoin was just emerging.
PleasrDAO, an organization engaged in collecting art and philanthropy, has filed a lawsuit against Martin Shkreli, who was previously convicted of securities fraud, for using a Wu-Tang Clan album during a live broadcast. PleasrDAO asserts that this action inflicted significant harm on their organization.
Elon Musk, the CEO of Tesla and SpaceX, has dropped his lawsuit against OpenAI and its CEO Sam Altman. The suit, filed in California in February 2024, was retracted just one day before a scheduled court hearing on a dismissal motion filed by the defendants.
French artificial intelligence company Mistal AI has secured €600 million in a new funding round, bringing its valuation to €6 billion.
Ethereum staking service Lido is planning partnerships with restaking platforms Mellow Finance and Symbiotic.
Yahoo Mail has rolled out new AI-based features in its desktop app. Users can now generate a concise email summary with key tasks highlighted in a list format.
Australia has enforced new online gambling regulations that ban the use of cryptocurrencies for betting. This restriction also applies to credit cards connected to crypto wallets.
Next week, zkSync is set to conduct its long-awaited ZK airdrop.
Apple held its annual Worldwide Developers Conference (WWDC), unveiling a slew of innovations centered around AI integration into their devices.
L2 blockchain zkSync has launched the ZK Nation community, designed to govern, protect, and develop the ZKsync protocol.
The ZK protocol based on Ethereum, Loopring, has suffered a hacker attack. The attacker stole $5 million from compromised wallets, withdrawing the funds in Ethereum.
The Chinese payment app Alipay, owned by Alibaba, has deployed a new AI feature designed to detect hair loss. This specialized model analyzes uploaded headshots and offers results, including potential medical advice.
The African Development Bank (AfDB) and Intel Corporation have initiated a joint program aimed at equipping Africans with artificial intelligence skills. The project is set to provide relevant knowledge to at least 3 million ordinary citizens and approximately 30,000 government officials.
Senator Mike Lee has proposed a bill called the “Abolish Act,” which seeks to dismantle the Federal Reserve System as a government entity. This legislation also aims to repeal the foundational Federal Reserve Act of 1913, which established the Fed.
Shibetoshi Nakamoto didn’t wear hoodies or chase venture capital. He never claimed he was going to reinvent finance or save the world with blockchain. He just cracked a joke.
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.
