04 Apr 2025

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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.

Ethereum’s TPS Hits New All-Time High

Ethereum’s TPS Hits New All-Time High

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.

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Musk Diverts Tesla Resources to Fuel His AI Ambitions

Musk Diverts Tesla Resources to Fuel His AI Ambitions

Tesla investors have accused Elon Musk of diverting the company’s resources and personnel to benefit his AI project, xAI.

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Trezor Announces New Wallet

Trezor Announces New Wallet

Trezor has unveiled its latest hardware wallet, the Trezor Safe 5, and introduced the Trezor Expert onboarding service.

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Elon Musk’s Pay Package Receives Official Approval

Elon Musk’s Pay Package Receives Official Approval

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.

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zkSync Sheds Light on Airdrop Details

zkSync Sheds Light on Airdrop Details

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.

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FlowBank Faces Collapse

FlowBank Faces Collapse

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.

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OpenAI to Provide Free AI Services to Apple

OpenAI to Provide Free AI Services to Apple

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.

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UK’s NHS Concerned Over Increasing Crypto Trading Addiction

UK’s NHS Concerned Over Increasing Crypto Trading Addiction

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.

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Solana Introduces Bond: A Blockchain Service for Brands

Solana Introduces Bond: A Blockchain Service for Brands

Solana Labs has launched Bond, a new product tailored for corporate clients, enabling brands to create loyalty programs using blockchain technology.

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Tether’s $1 Billion Bet on Fintech, AI, and Biotech

Tether’s $1 Billion Bet on Fintech, AI, and Biotech

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.

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Itaú Unibanco: Trading Now Open for All!

Itaú Unibanco: Trading Now Open for All!

Itaú Unibanco, a Brazilian bank, has announced that its BTC and ETH trading services are now accessible to all clients.

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Labour Party Captures the Attention of the Crypto Industry

Labour Party Captures the Attention of the Crypto Industry

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.

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Wu-Tang Clan’s Exclusive Album Becomes a Bone of Contention

Wu-Tang Clan’s Exclusive Album Becomes a Bone of Contention

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.

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Elon Musk Withdraws from Legal Battle Against OpenAI

Elon Musk Withdraws from Legal Battle Against OpenAI

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.

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Mistal AI Shows Its Strength Again

Mistal AI Shows Its Strength Again

French artificial intelligence company Mistal AI has secured €600 million in a new funding round, bringing its valuation to €6 billion.

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Lido Strives to Reinstate stETH Token Status

Lido Strives to Reinstate stETH Token Status

Ethereum staking service Lido is planning partnerships with restaking platforms Mellow Finance and Symbiotic.

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Yahoo Mail Desktop Introduces New AI Capabilities

Yahoo Mail Desktop Introduces New AI Capabilities

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.

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Australia Prohibits Crypto Use in Online Casinos

Australia Prohibits Crypto Use in Online Casinos

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.

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ZkSync Announces ZK Airdrop Details

ZkSync Announces ZK Airdrop Details

Next week, zkSync is set to conduct its long-awaited ZK airdrop.

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New from Apple: AI, Satellite SMS, and Widgets on iPhone

New from Apple: AI, Satellite SMS, and Widgets on iPhone

Apple held its annual Worldwide Developers Conference (WWDC), unveiling a slew of innovations centered around AI integration into their devices.

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zkSync Introduces ZK Nation

zkSync Introduces ZK Nation

L2 blockchain zkSync has launched the ZK Nation community, designed to govern, protect, and develop the ZKsync protocol.

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Loopring Hit by $5 Million Hack Through 2FA Breach

Loopring Hit by $5 Million Hack Through 2FA Breach

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.

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Alipay Introduces AI for Hair Loss Assessment

Alipay Introduces AI for Hair Loss Assessment

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.

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AfDB and Intel Launch AI Training Program

AfDB and Intel Launch AI Training Program

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.

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U.S. Senator Proposes to Dissolve the Federal Reserve

U.S. Senator Proposes to Dissolve the Federal Reserve

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.

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The Man Who Forgot $240M: A Bitcoin Tragedy for the Ages

The Man Who Forgot $240M: A Bitcoin Tragedy for the Ages

This is perhaps the most iconic crypto loss story of all time. In 2011, Stefan Thomas received 7,002 BTC for making a video. Today, that stash is worth $240 million. But he forgot the password. An entire fortune locked away forever.

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.