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.

Estonian Bank Founder Loses Access to 250,000 ETH Wallet

Estonian Bank Founder Loses Access to 250,000 ETH Wallet

Rain Lõhmus, the founder of LHV Bank, has been revealed as the owner of $470 million worth of ETH acquired during the Ethereum ICO.

07 Nov 2023
Singer Grimes Continues to Promote Artificial Intelligence

Singer Grimes Continues to Promote Artificial Intelligence

Canadian artist Grimes has partnered with the music platform Slip․stream to promote and distribute songs generated by AI using her vocal samples. More than 200 such songs have already been created, and their creators can now earn money from the commercial use of such music.

06 Nov 2023
Yuga Labs Accused of Violating Safety Measures at the Event

Yuga Labs Accused of Violating Safety Measures at the Event

Some visitors after attending the ApeFest event organized by Yuga Labs complained of vision problems, including burns and severe eye pain. They accused the organizers of violating safety measures and suggested that the company used ultraviolet lamps that caused such problems.

06 Nov 2023
Arbitrum DAO Votes to Activate ARB Staking.

Arbitrum DAO Votes to Activate ARB Staking.

The proposal initially outlined a tiered system for token allocation, offering options of 1%, 1.5%, or 1.75% of the total 10 billion ARB supply as staking rewards.

06 Nov 2023
Developer Deploys Ethereum Node On PlayStation 4

Developer Deploys Ethereum Node On PlayStation 4

Ethereum Foundation researcher Mario Havel acquired an old gaming console for a mere $150, all in the name of a unique experiment.

06 Nov 2023
DZ Bank Launches a Blockchain-Based Crypto Custody Platform

DZ Bank Launches a Blockchain-Based Crypto Custody Platform

Germany’s third-largest bank, DZ Bank AG, has unveiled a digital assets custody platform built on distributed ledger technology (DLT).

06 Nov 2023
Hong Kong Explores Tokenization of Investment Products

Hong Kong Explores Tokenization of Investment Products

The Hong Kong Securities and Futures Commission (SFC) has released a circular outlining the requirements for the potential tokenization of investment products.

06 Nov 2023
The Simpsons Go Crypto

The Simpsons Go Crypto

In the recent episode of The Simpsons titled “Wild Barts Can’t Be Token,” Bart accidentally turns into an NFT worth $1.5 million.

06 Nov 2023
Bitcoin Soars 93% Higher Than Gold in 2023

Bitcoin Soars 93% Higher Than Gold in 2023

Over the same period, ETH appreciated by 39% compared to the precious metal.

05 Nov 2023
Artificial Intelligence Dupes Users Yet Again

Artificial Intelligence Dupes Users Yet Again

Apollo Research has unveiled a project featuring artificial intelligence, driven by the GPT-4 language model, which was involved in insider trading within a controlled testing environment. Remarkably, the AI denied its actions without any external prompting.

05 Nov 2023
Grōk: Elon Musk’s AI Tool

Grōk: Elon Musk’s AI Tool

Elon Musk’s xAi has unveiled Grōk, an AI-based tool set to rival OpenAI’s ChatGPT.

05 Nov 2023
Aave Faces Challenges

Aave Faces Challenges

The lending platform has temporarily halted the Aave V2 protocol on Ethereum and frozen some assets on Aave V3 across Polygon, Arbitrum, and Optimism networks due to a discovered feature glitch.

05 Nov 2023
DeepMind Co-Founder Challenges Elon Musk’s AI Perspective

DeepMind Co-Founder Challenges Elon Musk’s AI Perspective

Mustafa Suleyman, co-founder and CEO of Inflection AI, and a co-founder of DeepMind (owned by Google), hold differing views from Elon Musk on the potential threats and benefits of AI technologies.

04 Nov 2023
U.S. Cracks Down on Russian Crypto Money Laundering

U.S. Cracks Down on Russian Crypto Money Laundering

Ekaterina Zhdanova, a Russian national, is now under sanctions from the U.S. Department of the Treasury’s OFAC for her role in laundering substantial funds and facilitating their illicit transfer overseas through cryptocurrency channels.

03 Nov 2023
Value of Claims Against FTX Soars to Record Levels

Value of Claims Against FTX Soars to Record Levels

According to Claims Market, there has been a rise to 55% in the value of claims from FTX’s creditors after Sam Bankman-Fried was found guilty on all charges, and Anthropic’s market value has gone up.

03 Nov 2023
MetaMask Enhances Cross-Chain Bridge Functionality

MetaMask Enhances Cross-Chain Bridge Functionality

The MetaMask team has released an update to its cross-chain bridge, significantly widening the scope of tokens the wallet supports for swapping.

03 Nov 2023
Fed Plans to Sue Bitcoin Magazine

Fed Plans to Sue Bitcoin Magazine

The US Federal Reserve intends to sue popular cryptocurrency magazine Bitcoin Magazine for selling merchandise parodying the recently launched FedNow payment system.

03 Nov 2023
John Deaton Promotes XRP Again

John Deaton Promotes XRP Again

Famous lawyer John Deaton again predicted the growth of the value of XRP and noted that the company will continue to actively develop the project, as it is financially interested in the progress of the token.

03 Nov 2023
SafeMoon is Going to Continue Working

SafeMoon is Going to Continue Working

The developers of the SafeMoon project, against which US law enforcement authorities opened a criminal case and arrested the CEO, promised to continue working on the platform.

03 Nov 2023
AI Safety Summit in London

AI Safety Summit in London

The London AI Safety Summit wrapped up yesterday with an hour-long conversation between Elon Musk and U.K. Prime Minister Rishi Sunak.

03 Nov 2023
SEC Seeks Summary Judgment in Lawsuit Against Do Kwon

SEC Seeks Summary Judgment in Lawsuit Against Do Kwon

The Securities and Exchange Commission (SEC) is urging a New York judge to reach a verdict in its lawsuit against Terraform Labs and co-founder Do Kwon without the need for a full trial.

03 Nov 2023
Unibot fully compensated users for hacking losses (~$650 000)

Unibot fully compensated users for hacking losses (~$650 000)

‘We’ll be working with tier 1 auditors to strengthen our security around new features and push industry-leading practices in protecting our users,’ says Unibot’s team.

03 Nov 2023
Marathon Digital Mines Bitcoin with Landfill Methane

Marathon Digital Mines Bitcoin with Landfill Methane

The company has commenced mining powered by methane gas harvested from a landfill. This off-grid pilot project, with a capacity of 280 kW, is currently operational in Utah.

03 Nov 2023
Ripple Partners with National Bank of Georgia for CBDC Project

Ripple Partners with National Bank of Georgia for CBDC Project

“The National Bank of Georgia is taking a global lead in exploring how it can use blockchain technology to take its economy into the digital era.”

03 Nov 2023
Sam Bankman-Fried Found Guilty on all 7 Charges

Sam Bankman-Fried Found Guilty on all 7 Charges

He could face up to 115 years in prison. A tentative sentencing date is set for March 28. Meanwhile, Caroline Ellison, Gary Wang (FTX co-founder), and Nishad Singh (FTX CTO) might be spared prison and hit with fines instead.

03 Nov 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.