18 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.

Ordinals Protocol Could Be Stopped After the Bitcoin Core Upgrade

Ordinals Protocol Could Be Stopped After the Bitcoin Core Upgrade

Bitcoin Core developer Luke Dashjr has revealed that the forthcoming v27 update, designed to block spam in the blockchain, may inadvertently disrupt the Ordinals protocol.

06 Dec 2023
SEC Aims to Restrict Juror Involvement in Terraform Labs Trial

SEC Aims to Restrict Juror Involvement in Terraform Labs Trial

The U.S. Securities and Exchange Commission (SEC) has sought to minimize the jury’s involvement in the lawsuit against Terraform Labs and its co-founder, Do Kwon. The agency is reluctant to allow jurors to determine if a cryptocurrency constitutes a security.

05 Dec 2023
Increased Lobbying Activity in the US Crypto Sector

Increased Lobbying Activity in the US Crypto Sector

In the US, crypto industry lobbying is on the rise, with expenditures reaching $19 million in just the first three quarters of the year, surpassing the previous year’s total. In 2022, the total lobbying budget reached $22 million, with FTX contributing significantly.

05 Dec 2023
Crypto Project Selection: Insights from Hacken’s CEO

Crypto Project Selection: Insights from Hacken’s CEO

Dmytro Budorin, the CEO of blockchain security auditor Hacken, has laid out five critical guidelines for safeguarding investments against fraud in crypto projects.

05 Dec 2023
Yann LeCun’s Insights: The State of AI and Its Future

Yann LeCun’s Insights: The State of AI and Its Future

Meta’s Chief Scientist, Yann LeCun, believes that current AI systems are a decade away from achieving any semblance of sentience or common sense.

05 Dec 2023
Thirdweb Identifies Flaws in Common Smart Contracts

Thirdweb Identifies Flaws in Common Smart Contracts

Web3 development platform Thirdweb has detected a critical vulnerability in its open-source library, impacting various NFT collections. This issue affects a range of pre-built smart contracts, including DropERC20, ERC721, ERC1155, and AirdropERC20.

05 Dec 2023
Hashdex’s 2024 Projections

Hashdex’s 2024 Projections

Investment firm Hashdex, vying for a spot in the Bitcoin ETF race, has released a report titled “2024 Crypto Investment Outlook—Opportunity meets Optimism.”

05 Dec 2023
BlackRock Attracts the First Investor for its Bitcoin ETF

BlackRock Attracts the First Investor for its Bitcoin ETF

Asset management powerhouse BlackRock has secured seed funding for its spot Bitcoin ETF, still awaiting the green light from the U.S. Securities and Exchange Commission (SEC).

05 Dec 2023
GTA VI Trailer is Finally Here!

GTA VI Trailer is Finally Here!

RockStar Games has just released the long-awaited trailer for Grand Theft Auto VI (GTA VI), coming more than a decade after its last installment. The trailer reveals the action taking place in the iconic Vice City, mirroring Miami, and introduces a new protagonist, Lucia.

05 Dec 2023
Interview with the KyberSwap Hacker

Interview with the KyberSwap Hacker

A brief interview with the KyberSwap hacker has surfaced on the Internet. Interviewer: Could you please explain why you did what you did? Hacker: Is not obvious? I want to buy a crypto company at a cheap price.

05 Dec 2023
Brazil’s Itaú Unibanco Launches Crypto Service

Brazil’s Itaú Unibanco Launches Crypto Service

The largest bank by assets in Brazil and one of the leading lenders in Latin America has introduced a crypto trading service as part of its investment platform.

04 Dec 2023
El Salvador’s BTC Investments Yield $3.62 Million Profit

El Salvador’s BTC Investments Yield $3.62 Million Profit

This was announced by the country’s president and well-known Bitcoin enthusiast, Nayib Bukele.

04 Dec 2023
Jenny Johnson Invests in Cryptocurrencies

Jenny Johnson Invests in Cryptocurrencies

The CEO of Franklin Templeton Investments, Jenny Johnson, disclosed that she has made personal investments in Bitcoin as well as several altcoins, including Uniswap and SushiSwap.

04 Dec 2023
Max Keiser’s Aggressive Assault on Cardano

Max Keiser’s Aggressive Assault on Cardano

Bitcoin maximalist Max Keiser has initiated a fresh bout of hostility towards altcoins, specifically targeting Cardano. This provoked a range of negative and, at times, derogatory responses from the community, further inciting him to persist with his inappropriate tirades.

04 Dec 2023
UK Aims to Revamp CBDC Regulations

UK Aims to Revamp CBDC Regulations

U.K. House of Commons Treasury Committee lawmakers, in its recent report, have urged the government to reconsider the regulations for a potential Central Bank Digital Currency (CBDC). Proposed changes include setting a lower limit on individual holdings (up to £3,000) and the option to earn interest on these holdings.

04 Dec 2023
AstraZeneca Bets on AI for Cancer Treatments

AstraZeneca Bets on AI for Cancer Treatments

Pharmaceutical giant AstraZeneca signed a $247 million deal with biotech firm Absci, specializing in AI-driven drug development. This partnership aims to innovate cancer treatment methods.

04 Dec 2023
Bitcoin Proposed to Bolster U.S. National Defense

Bitcoin Proposed to Bolster U.S. National Defense

US Space Force Major Jason Lowery advocates for the U.S. Defense Innovation Board to explore Bitcoin’s Proof-of-Work transaction validation mechanism as a tool to fortify national security.

04 Dec 2023
Platypus Finance Hackers Cleared in Court

Platypus Finance Hackers Cleared in Court

A French court has exonerated two brothers of criminal charges related to the $8.5 million Platypus Finance hack in February 2023.

04 Dec 2023
Arbitrum DAO Announces Distribution of 21.52 Million ARB

Arbitrum DAO Announces Distribution of 21.52 Million ARB

Following a community vote, Arbitrum has decided to disburse the remaining ARB tokens from its initial round of grant funding. Out of the numerous projects, only 29 secured enough votes in the first round.

03 Dec 2023
Binance’s VIP Traders Were Preemptively Informed of Looming Fine

Binance’s VIP Traders Were Preemptively Informed of Looming Fine

Bloomberg reports that during a private dinner in Singapore, Binance alerted its VIP traders about an anticipated settlement with U.S. authorities, totaling $4.3 billion.

01 Dec 2023
AI and Copyright: The Fight Rages On

AI and Copyright: The Fight Rages On

A collective of artists has broadened their copyright infringement lawsuit to include AI developers Stability AI, Midjourney, DeviantArt, and most recently, Runway AI.

01 Dec 2023
KuCoin Forms Partnership with TON

KuCoin Forms Partnership with TON

KuCoin’s investment division has declared a partnership with the TON Foundation. This cooperation entails a $20,000 grant from KuCoin Ventures aimed at fostering the development and expansion of the TON ecosystem.

01 Dec 2023
FTX and Alameda Move Another $10 Million to Exchanges

FTX and Alameda Move Another $10 Million to Exchanges

Wallets linked to the bankrupt companies FTX and Alameda Research have conducted a new round of cryptocurrency transfers, amounting to $10.8 million, to accounts on Coinbase, Binance, and Wintermute.

01 Dec 2023
Memecoin Skyrockets Following Charlie Munger’s Passing

Memecoin Skyrockets Following Charlie Munger’s Passing

A memecoin, created just 15 minutes after Charlie Munger’s death, saw an astonishing surge of over 31,000% in its value.

01 Dec 2023
Insights on Sam Bankman-Fried’s Jail Stay

Insights on Sam Bankman-Fried’s Jail Stay

A former New York mob enforcer turned informant described SBF as feeling “out of his element” in jail and even considering paying another inmate for “protection.”

01 Dec 2023

Opinion

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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

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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.