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.

China Intensifies Its Campaign Against Cryptocurrencies

China Intensifies Its Campaign Against Cryptocurrencies

In China, local governments and law enforcement agencies warned the public against illegal fundraising activities masked as lucrative crypto investments.

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Do Emojis Hold the Key to Successful Crypto Trading?

Do Emojis Hold the Key to Successful Crypto Trading?

Researchers found that emojis expressing positive emotions in social media posts can predict upward trends in the cryptocurrency market.

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Chip Acceleration: Groq Chatbot Zooms Past ChatGPT

Chip Acceleration: Groq Chatbot Zooms Past ChatGPT

The Groq chatbot, harnessing the power of the Mixtral AI model, has impressively outpaced OpenAI’s ChatGPT in terms of query processing and response generation speeds.

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AllianceBernstein Anticipates SEC Approval for Ethereum ETF

AllianceBernstein Anticipates SEC Approval for Ethereum ETF

Asset management firm AllianceBernste posits that Ethereum (ETH) might be the only cryptocurrency to follow Bitcoin in receiving the green light from the U.S. Securities and Exchange Commission (SEC) for the launch of an exchange-traded fund (ETF). Analysts from the firm estimate a 50% chance of an Ethereum ETF being approved by May 2024, with the likelihood nearing 100% by the end of the year.

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AI: North Korea’s Latest Tool in Cyber Warfare

AI: North Korea’s Latest Tool in Cyber Warfare

North Korean hackers are now leveraging artificial intelligence to orchestrate more complex cyberattacks targeting military, infrastructure, and financial entities, including crypto projects. This advancement has been acknowledged by AI developer OpenAI, Microsoft, and the South Korean government, which consistently monitors attempts to infiltrate its public sector employees.

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Air Canada to Compensate Customer for AI Chatbot’s Misguidance

Air Canada to Compensate Customer for AI Chatbot’s Misguidance

A Canadian court has ordered Air Canada to partially refund the cost of tickets ($482) and pay the legal fees of Jake Moffatt due to misleading information provided by the airline’s AI chatbot. The client sought discounted tickets due to a family death and consulted the AI for details.

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Satoshi Nakamoto’s Identity: Craig Wright’s Sister Speaks Out

Satoshi Nakamoto’s Identity: Craig Wright’s Sister Speaks Out

At a recent court hearing, Daniel DeMorgan, Craig Wright’s sister, made a striking claim: she recalled seeing Wright dressed as a ninja and later working amidst numerous computers. According to her, this experience confirms that her brother is none other than Bitcoin’s creator, Satoshi Nakamoto.

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Uniswap V4 is Set for Launch in Q3 2024

Uniswap V4 is Set for Launch in Q3 2024

The Uniswap Foundation has revealed that Uniswap V4, the upcoming version of its decentralized exchange protocol, is expected to go live on the mainnet in the third quarter of 2024, post the Dencun update on Ethereum.

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A New iOS Trojan Mines Biometric Data for Deepfakes

A New iOS Trojan Mines Biometric Data for Deepfakes

Cybersecurity experts at Singapore’s Group-IB have uncovered GoldPickaxe, a new trojan preying on iOS users. The trojan harvests a range of data, from personal and financial details to biometric information, later used in AI-generated deepfakes.

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Apple Preparing Developer-Focused AI

Apple Preparing Developer-Focused AI

Apple has dedicated the last year to the development of an AI coding tool. This new instrument, aimed at surpassing Microsoft’s Copilot, will become part of the Xcode programming software. Xcode is used for creating applications across all major Apple systems: macOS, iOS, watchOS, and tvOS.

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OFAC Could Exert Influence on Tether

OFAC Could Exert Influence on Tether

JPMorgan bank analysts suggest that the US Department of Treasury’s Office of Foreign Assets Control (OFAC) may wield certain influence over Tether, the issuer of the USDT stablecoin. For example, it could enforce compliance with sanctions and restrictions regarding various projects, individuals, and nations.

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OpenAI Unveils its New Video-Generation Model Sora

OpenAI Unveils its New Video-Generation Model Sora

OpenAI has introduced a new neural network named Sora, capable of generating high-quality videos up to one minute long based on textual prompts. Initially, this technology will undergo testing by a select group of users, including researchers and artists, before being rolled out to the general public.

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Apple Vision Pro: High Tech, High Discomfort

Apple Vision Pro: High Tech, High Discomfort

American buyers of Apple’s augmented reality glasses, the Vision Pro, are returning the device due to its uncomfortable fit, causing headaches, dizziness, and rapid eye fatigue. With a hefty price tag of $3,500, the company offers a 14-day return policy.

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Introducing Gemini 1.5: Google’s Latest AI Leap

Introducing Gemini 1.5: Google’s Latest AI Leap

Google has launched Gemini 1.5, the latest version of its language model. Initially targeting corporate users and developers, Gemini 1.5 is set to eventually become accessible to the broader public. The new model significantly outperforms its previous version, showing almost a 100% improvement in tests.

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U.S. Treasury Refutes Crypto’s Dominance in Terrorism Financing

U.S. Treasury Refutes Crypto’s Dominance in Terrorism Financing

Brian Nelson, the U.S. Deputy Treasury Secretary for Terrorism and Financial Intelligence, conceded in a Congressional hearing that the role of cryptocurrencies in funding terrorism has been overstated.

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John Deaton Eyes Senate Run Against Elizabeth Warren

John Deaton Eyes Senate Run Against Elizabeth Warren

John Deaton, a prominent lawyer and cryptocurrency advocate known for defending Ripple in court, is contemplating a run as a Republican candidate in the Massachusetts Senate race. This was confirmed by political strategist Jim Conroy, who recently discussed the upcoming elections with Deaton.

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Klaytn and Finschia Announce Merger

Klaytn and Finschia Announce Merger

L1 blockchains Klaytn and Finschia have agreed on a merger to establish the largest Web3 ecosystem in Asia. The proposal was voted on by community members of both projects and passed with 95% in favor, as detailed in a press release.

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Bitcoin ETF Greenlight Doesn’t Extend to Ethereum ETFs

Bitcoin ETF Greenlight Doesn’t Extend to Ethereum ETFs

SEC Chairman Gary Gensler, in a CNBC interview, emphasized that the recent approval of spot Bitcoin ETFs shouldn’t be seen as an endorsement for similar products, including Ethereum ETFs.

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FinCEN Unveils Crypto Statistics in Human Trafficking

FinCEN Unveils Crypto Statistics in Human Trafficking

The U.S. Financial Crimes Enforcement Network (FinCEN) has released a report that unveils statistics on the use of various cryptocurrencies in crimes related to human trafficking and the sexual exploitation of children between 2020 and 2021. Throughout this period, the criminal funds identified amounted to $412 million.

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HANetf Anticipates Closure of Numerous Bitcoin ETFs

HANetf Anticipates Closure of Numerous Bitcoin ETFs

HANetf, Europe’s independent ETF provider, predicts the closure of several American Bitcoin ETFs due to profitability challenges. This situation could arise from excessively low fees set by major players, which small or developing investment firms cannot match.

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ChatGPT Introduces a Memory Feature

ChatGPT Introduces a Memory Feature

OpenAI has rolled out an update for its artificial intelligence chatbot, ChatGPT, which includes a new memory feature. This allows the bot to remember and store certain information from conversations for future interactions. Initially, access to this update will be granted only to a select group of users before becoming available to everyone.

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PlayDapp Endures Double Hack Disaster

PlayDapp Endures Double Hack Disaster

PlayDapp, the cryptocurrency gaming platform, is reeling from a massive $290 million token loss following two hacking incidents in just one week. The initial breach was on February 9, where a hacker managed to mint 200 million PLA tokens, valued at $36.5 million, presumably by cracking into the developers’ private key.

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Ripple Secures Standard Custody & Trust in Latest Acquisition

Ripple Secures Standard Custody & Trust in Latest Acquisition

Ripple (XRP), a cryptocurrency company, has just finalized the purchase of Standard Custody & Trust Company, a subsidiary of PolySign that specializes in corporate governance and the custody of digital assets. The transaction details, including the financial aspect, are yet to be revealed.

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Introducing DN404: The Evolution of ERC404 Standard

Introducing DN404: The Evolution of ERC404 Standard

Just a week following the debut of ERC-404, the NFT world welcomes DN404, a new hybrid standard. This innovation, announced by developer cygaar, promises a more seamless integration of fungible and non-fungible token functionalities.

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Altman Foresees the UAE as an AI Hub

Altman Foresees the UAE as an AI Hub

OpenAI CEO Sam Altman envisions the United Arab Emirates (UAE) as a pivotal location for trialing artificial intelligence and other innovative technologies. He expressed this viewpoint during a virtual meeting with the UAE’s Minister of Artificial Intelligence.

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Hot Crypto Discussions on X Today: Market Volatility, Crypto ETFs, & More

Hot Crypto Discussions on X Today: Market Volatility, Crypto ETFs, & More

Today, the crypto community is discussing market volatility, regulations, and the future of crypto ETFs, among other topics on X/Twitter.

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.