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.

Marathon Digital Boosts Its Mining Operations

Marathon Digital Boosts Its Mining Operations

Marathon Digital (MARA), a leading public Bitcoin mining company, has finalized a deal to acquire two mining facilities with a combined capacity of 390 megawatts for $179 million from Generate Capital’s subsidiaries. This acquisition is set to boost MARA’s self-operated production capacity from a mere 3% to a substantial 45%.

19 Dec 2023
Hacker Offers Access to Binance’s Law Enforcement Interface

Hacker Offers Access to Binance’s Law Enforcement Interface

On a specialized forum, an unidentified hacker is selling access to the law enforcement request control panel for the crypto exchange Binance. The price is set at $10,000, payable in cryptocurrencies like Bitcoin (BTC) or Monero (XMR). The validity of this offer has been verified by the analysts at Hudson Rock.

19 Dec 2023
Montenegro Postpones Do Kwon’s Extradition

Montenegro Postpones Do Kwon’s Extradition

The Appeals Court of Montenegro has revoked the decision to extradite Terra founder Do Kwon to the United States or South Korea. Now, for the subsequent extradition of the criminal, the case needs to be processed from the beginning through all the required procedures.

19 Dec 2023
Growing Interest in Solana

Growing Interest in Solana

The search volume for Solana on Google has seen a significant uptick, almost tripling in the last two months. This increase comes after a period of relative stability in searches until mid-October.

19 Dec 2023
Ark Invest Locks in Profit

Ark Invest Locks in Profit

Ark Invest continues its strategy of unloading Grayscale Bitcoin Trust shares, with the latest sale amounting to $28 million in GBTC.

19 Dec 2023
Friend.Tech v2 Unveiled

Friend.Tech v2 Unveiled

Friend.Tech, the platform for trading keys (akin to shares) of social network X accounts, has announced the launch of its new version. The announcement, set to the tunes of K-Pop group NewsJeans, indicates that the release is slated for Spring 2024

19 Dec 2023
The Variety of Spot Bitcoin ETFs is Expanding

The Variety of Spot Bitcoin ETFs is Expanding

Wisdomtree, an asset manager, has joined others in updating its S-1 application for a spot Bitcoin ETF.

19 Dec 2023
A Good Sign for a Spot ETF

A Good Sign for a Spot ETF

BlackRock, Ark Invest and 21Shares have recently revised (1, 2) their applications for a spot Bitcoin ETF. Notably, the ticker ARK 21SHARES BITCOIN ETF (ARKB) has appeared on the DTCC website.

19 Dec 2023
EURC Stablecoin Debuts on Solana

EURC Stablecoin Debuts on Solana

Circle, the company behind the euro-backed stablecoin EURC, has expanded its availability. In addition to networks like Ethereum, Avalanche, and Stellar, EURC is now accessible on the Solana blockchain.

18 Dec 2023
Bitwise Elevates Bitcoin ETF Advertising to an Aristocratic Level

Bitwise Elevates Bitcoin ETF Advertising to an Aristocratic Level

Bitwise, the investment company, is proudly presenting its advertisement for the anticipated spot Bitcoin ETF, pending approval from the U.S. Securities and Exchange Commission (SEC).

18 Dec 2023
Artificial Intelligence Steps into the Political Arena

Artificial Intelligence Steps into the Political Arena

Shamaine Daniels, an American Democrat running for Congress in 2024, has made a novel move by employing an artificial intelligence (AI) system for voter outreach calls.

18 Dec 2023
Persistent Threat: The Issue with Phishing Links

Persistent Threat: The Issue with Phishing Links

Trader Joe, a decentralized exchange, alerts users to the danger of stumbling upon fake websites through Google searches, which masquerade as the exchange itself, often popping up as advertised links in search results.

18 Dec 2023
Potential Hard Fork Causes AR Token Price Decline

Potential Hard Fork Causes AR Token Price Decline

The price of the AR token, belonging to the Arweave decentralized data storage platform, fell by 13% amid speculation about a potential hard fork. Sam Williams, the founder of the platform, indicated that data storage solutions provider Irys is contemplating a network reset.

18 Dec 2023
Improbable Sells Its Gaming Unit MPG

Improbable Sells Its Gaming Unit MPG

Metaverse technology company Improbable has sold its gaming unit, The Multiplayer Group (MPG), to video game developer Keywords Studios for $97 million. MPG is renowned for its work on titles like Fallout 76 and Medal of Honor: Beyond and Beyond.

18 Dec 2023
SenseTime Shares Tumble After its Co-Founder’s Death

SenseTime Shares Tumble After its Co-Founder’s Death

Shares of Chinese AI company SenseTime fell by 18% following the demise of its co-founder, Tang Xiao’ou. A key figure in establishing SenseTime as a leader in China’s AI industry, Tang Xiao’ou had garnered support from major players like Alibaba.

18 Dec 2023
FTX Grapples with Hefty Legal Expenses

FTX Grapples with Hefty Legal Expenses

Cryptocurrency exchange FTX is facing a significant financial burden, shelling out approximately $53,000 per hour on legal counsel for its ongoing bankruptcy proceedings. From August to October 2023, the exchange’s new leadership has already expended over $118 million in legal fees.

18 Dec 2023
Deloitte Adopts AI for Enhanced HR Management

Deloitte Adopts AI for Enhanced HR Management

The global consulting company, Deloitte, has embraced artificial intelligence to streamline its employee management processes. This advanced technology is designed to evaluate individual skills, enabling tailored plans for optimal workforce allocation across diverse departments.

17 Dec 2023
Tether Highlights Security Cooperation with U.S. Authorities

Tether Highlights Security Cooperation with U.S. Authorities

Tether has made its letters to the U.S. Senate Committee on Banking, Housing, and Urban Affairs and the U.S. House Financial Services Committee public.

17 Dec 2023
Could Solana Be FTX’s Lifeline?

Could Solana Be FTX’s Lifeline?

The cryptocurrency SOL, once championed by Sam Bankman-Fried of the now-bankrupt FTX exchange, has witnessed a remarkable rise, currently priced around $75. At the start of 2023, its cost was approximately $14, indicating an increase of over five times.

15 Dec 2023
«ВуНі» Triumphs at Davos: Pioneering Crypto Show Bags Top Award

«ВуНі» Triumphs at Davos: Pioneering Crypto Show Bags Top Award

“ВуНі”, the worlds first entertainment and educational show about crypto is the Gold Winner of this years Davos Communications Awards in the category ‘Age of Crypto’.

15 Dec 2023
OpenAI Launches Second Phase of Converge Grant Program

OpenAI Launches Second Phase of Converge Grant Program

This six-week program is designed for outstanding engineers, designers, researchers, and product developers using AI to reimagine the world.

15 Dec 2023
Pope Francis Alarmed by AI Developments

Pope Francis Alarmed by AI Developments

In his 2024 World Day of Peace message, Pope Francis voices concern over Artificial Intelligence (AI) and urges an international ethical agreement for its development and application.

15 Dec 2023
a16z Announces Financial Backing for Politicians

a16z Announces Financial Backing for Politicians

The prominent investment firm Andreessen Horowitz (a16z) has announced its intent to financially support politicians who align with their technological values and vision.

15 Dec 2023
Meet Grok, Gabbo, and Grem!

Meet Grok, Gabbo, and Grem!

These kids’ toys are the first products from Curio, a Silicon Valley startup that harnesses AI technology for its toy line.

15 Dec 2023
Solana Saga Smartphones Fly off the Shelves

Solana Saga Smartphones Fly off the Shelves

Sales of Solana Saga smartphones have skyrocketed by tenfold! The secret? A genius move—every buyer since the phone’s May 2023 launch receives a 30 million BONK token airdrop.

15 Dec 2023

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.