19 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.

Google Prepares for a New Round of Layoffs

Google Prepares for a New Round of Layoffs

Google CEO Sundar Pichai has alerted employees in a recent internal memo about forthcoming job cuts in 2024. This aligns with the company’s efforts to reach its ambitious goals, as reported by The Verge and CNBC.

18 Jan 2024
EU to Intensify Oversight of Crypto Services

EU to Intensify Oversight of Crypto Services

The European Council and Parliament have tentatively agreed to bring the cryptocurrency market under the purview of EU anti-money laundering (AML) and anti-terrorism financing laws.

18 Jan 2024
Could Nuclear Fusion Unlock the Future of AI?

Could Nuclear Fusion Unlock the Future of AI?

At the World Economic Forum in Davos, OpenAI’s CEO Sam Altman highlighted the urgent need for a significant energy breakthrough to sustain the development of artificial intelligence (AI).

18 Jan 2024
Dencun Goes Live on Testnet!

Dencun Goes Live on Testnet!

The Dencun upgrade (Cancun-Deneb) has successfully been deployed on the Ethereum Goerli test network, overcoming a minor hiccup. A glitch that caused a four-hour delay was swiftly rectified with a patch.

18 Jan 2024
Rocket Pool’s X Account Compromised!

Rocket Pool’s X Account Compromised!

The account of the Rocket Pool liquid staking protocol on X fell victim to a cyber attack. As of press time, the project team is still struggling to regain control of their account.

18 Jan 2024
Microsoft and Vodafone Invest in an AI-Driven Future

Microsoft and Vodafone Invest in an AI-Driven Future

Microsoft and Vodafone have jointly announced a landmark 10-year strategic partnership, with an investment of $1.5 billion dedicated to advancing artificial intelligence and cloud-based services.

17 Jan 2024
JPMorgan’s CEO Recognizes the Merit of Certain Cryptocurrencies

JPMorgan’s CEO Recognizes the Merit of Certain Cryptocurrencies

JPMorgan CEO Jamie Dimon, in a CNBC interview, made a distinction between cryptocurrencies that facilitate smart contracts (for data transfer and tokenization) and those he considers to have no inherent value.

17 Jan 2024
A Surge in Crypto ETFs Anticipated in 2024

A Surge in Crypto ETFs Anticipated in 2024

Brad Garlinghouse, CEO of Ripple, foresees an increase in cryptocurrency ETF approvals in 2024, especially in the wake of the SEC’s recent green light for a spot Bitcoin ETF.

17 Jan 2024
Salvadorans Show Limited Use of Bitcoin

Salvadorans Show Limited Use of Bitcoin

In El Salvador, only 12% of the population reportedly used Bitcoin for payments of goods and services in the past year, marking a 12.4% decline from the 2022 statistics. This information comes from a study conducted by the Central American University José Simeón Cañas, based on face-to-face interviews with 1,280 people.

17 Jan 2024
OpenAI Collaborates with the Pentagon

OpenAI Collaborates with the Pentagon

OpenAI, known for developing cutting-edge artificial intelligence models, has teamed up with the Pentagon. Their joint effort focuses on developing open-source cybersecurity tools, mainly aimed at bolstering national security and public protection.

17 Jan 2024
Cantor Fitzgerald’s CEO Supports Tether Amidst Criticism

Cantor Fitzgerald’s CEO Supports Tether Amidst Criticism

Howard Lutnick, the CEO of financial company Cantor Fitzgerald, has come out in support of Tether (the issuer of the USDT stablecoin) amidst various allegations of money laundering and insufficient backing. He highlighted his firsthand experience with the company, overseeing some of their assets.

17 Jan 2024
Sam Bankman-Fried’s Parents Decline to Surrender FTX Assets

Sam Bankman-Fried’s Parents Decline to Surrender FTX Assets

The parents of Sam Bankman-Fried, the founder of the now-defunct crypto exchange FTX (Joseph Bankman and Barbara Fried), are refusing to give back assets received from their son. They’ve requested the court to dismiss the lawsuit filed by the company, asserting their ignorance of any fraudulent activities and claiming that the exchange is unjustly trying to confiscate their property.

17 Jan 2024
Euro vs. Euro-Pegged Stablecoins: A Report by Kaiko

Euro vs. Euro-Pegged Stablecoins: A Report by Kaiko

Kaiko’s latest report highlights significant growth in the European cryptocurrency market, with trading volumes involving the euro tripling over the past three months to reach $16 billion.

17 Jan 2024
Tether Forges Partnership with rhino.fi

Tether Forges Partnership with rhino.fi

Tether, the cryptocurrency company, has announced a strategic partnership with the decentralized bridge, rhino.fi, aimed at boosting and improving user engagement with the USDT stablecoin. This move signifies the company’s intention to broaden the reach and utility of tokens across various blockchain platforms.

16 Jan 2024
Sony Unveils an AI-Driven System to Create Non-player Characters

Sony Unveils an AI-Driven System to Create Non-player Characters

Sony’s research team has pioneered an artificial intelligence system designed to parse dialogues and autonomously craft fictional identities for non-player characters. This technology is set to overhaul the conventional methods of secondary character development.

16 Jan 2024
OpenAI to Prevent AI Abuse in 2024 Elections

OpenAI to Prevent AI Abuse in 2024 Elections

OpenAI has announced its proactive measures to prevent the misuse of AI during the upcoming 2024 elections, likely referring to the U.S. presidential election without explicitly stating so.

16 Jan 2024
Tether Challenges UN Accusations

Tether Challenges UN Accusations

In a recent blog post, Tether addressed the United Nations’ report, underscoring its active collaboration with international law enforcement bodies.

16 Jan 2024
Microsoft Unveils Copilot Pro

Microsoft Unveils Copilot Pro

Microsoft announced the launch of Copilot Pro, a premium version of its AI-driven Copilot tool, priced at $20 per month. This offering brings features once reserved for corporate clients to a broader audience.

16 Jan 2024
Old Wisdom: A Guide Through New Challenges

Old Wisdom: A Guide Through New Challenges

Developer using the pseudonym 0xMario has shared his experience demonstrating how alertness and technical acumen prevented him from becoming a scam victim.

15 Jan 2024
TIA Token of Celestia Project Surges Nearly Ten Times in Value

TIA Token of Celestia Project Surges Nearly Ten Times in Value

The token value of Celestia, a modular blockchain (TIA), has surged nearly tenfold since its inception in late October 2023. Initially, certain users received TIA as an airdrop, contingent upon their blockchain wallet address meeting specific criteria.

15 Jan 2024
Tokenized Funds: Moody’s Identifies Unexplored Potential

Tokenized Funds: Moody’s Identifies Unexplored Potential

Moody’s, a financial services company, has expressed that the adoption of tokenized funds is enhancing the efficiency of investment in government bonds and recognizes significant unexplored potential in this area.

15 Jan 2024
More Than Half of Crypto Projects Are Dead

More Than Half of Crypto Projects Are Dead

A recent CoinGecko study reveals a startling fact: over 50% of cryptocurrency projects (14,039), listed on the platform since 2014, have faced failure. The vast majority of these setbacks (more than 70%) occurred between 2020 and 2022, largely attributed to the ease of deploying tokens and the craze around meme coins.

15 Jan 2024
South Korea Seeks to Regulate Crypto Mixers

South Korea Seeks to Regulate Crypto Mixers

The South Korean government intends to establish specific regulations targeting cryptocurrency mixers, which are used to obscure the origin of digital assets. This initiative is driven by the challenges these services pose in tracking money laundering conducted by criminal organizations.

15 Jan 2024
Tether Attracts United Nations’ Attention

Tether Attracts United Nations’ Attention

The cryptocurrency company Tether has been highlighted in a recent UN report on crime, due to the prevalent use of its stablecoin, USDT, in money laundering and fraudulent activities, particularly in Southeast Asia. The token is notably being used in sham investment schemes promising high returns.

15 Jan 2024
OpenSea Forges Ahead with Platform Update

OpenSea Forges Ahead with Platform Update

NFT marketplace OpenSea is actively working on its platform’s new version, despite losing its top spot and witnessing a downturn in the NFT market. This update includes a total redesign of the website and improved functionality for interacting with diverse NFT types.

14 Jan 2024

Opinion

MORE
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

MORE
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.