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.

CertiK Slashes Workforce by 15%

CertiK Slashes Workforce by 15%

Facing the challenges of a dynamic market, CertiK, a prominent figure in blockchain auditing, has parted ways with 15% of its staff.

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HAMAS openly uses cryptocurrency for war against Israel

HAMAS openly uses cryptocurrency for war against Israel

According to TRM Labs, a group called GazaNow, which actively supports HAMAS, collects donations in cryptocurrency from all over the world.

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XRP Replaces USDC: Hong Kong Crypto Indexes Undergo New Changes

XRP Replaces USDC: Hong Kong Crypto Indexes Undergo New Changes

The Hong Kong Virtual Asset Consortium (HKVAC) has announced a decision to replace the stablecoin USDC and introduce Ripple into two of its crypto indexes, which are based on the top 5 cryptocurrencies.

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G20 Adopts Roadmap for Regulating Cryptocurrencies

G20 Adopts Roadmap for Regulating Cryptocurrencies

Today, the G20 countries unanimously approved a roadmap for regulating cryptocurrencies. This roadmap was proposed in a joint report by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) last month.

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Coinbase Challenges IRS Tax Proposals

Coinbase Challenges IRS Tax Proposals

Coinbase has voiced major reservations about the tax guidelines put forth by the US Internal Revenue Service (IRS).

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Dramatic Decline in Ethereum Validator Aspirations

Dramatic Decline in Ethereum Validator Aspirations

Since the Shapella upgrade, Ethereum’s queue of potential validators has dwindled to near emptiness.

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CFTC Targets Voyager’s Co-founder Over Alleged Fraud

CFTC Targets Voyager’s Co-founder Over Alleged Fraud

Former Voyager Digital CEO Steve Ehrlich is facing legal action from the Commodity Futures Trading Commission (CFTC) and the Federal Trade Commission (FTC) for alleged fraudulent activities and customer deception.

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AI Content Gets a New Identifier Courtesy of Adobe

AI Content Gets a New Identifier Courtesy of Adobe

With its latest release, Adobe provides a means to distinguish AI-created content through a bespoke symbol.

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Decline in Coinbase Trading Volumes Persists

Decline in Coinbase Trading Volumes Persists

Coinbase has registered a trading volume of $76 billion in Q3 2023, showing a marked decrease from the $159 billion in the preceding year.

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Japanese Digital Currency for Green Initiatives

Japanese Digital Currency for Green Initiatives

Several Japanese companies are gearing up to introduce DCJPY, a digital currency pegged to the Japanese yen, aimed at facilitating transactions involving clean energy certificates.

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Cryptocurrency lending in China now stands officially unprotected

Cryptocurrency lending in China now stands officially unprotected

A Chinese court has ruled that lending in cryptocurrency falls outside the purview of the state’s legal safeguards, and defrauded users are not entitled to seek compensation through the judicial system.

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FTX and Thai Prostitutes: Scheme from the Bankrupt Exchange

FTX and Thai Prostitutes: Scheme from the Bankrupt Exchange

During her court deposition, Caroline Ellison revealed the extraordinary lengths her company went to in an attempt to recover $1 billion frozen on Chinese exchanges.

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Trezor Unveils a New Crypto Wallet and Key Storage Solution

Trezor Unveils a New Crypto Wallet and Key Storage Solution

In celebration of its 10th anniversary, hardware crypto wallet pioneer Trezor has released a range of new products. The lineup includes the Trezor Safe 3 wallet, designed to support over 7,000 cryptocurrencies.

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Is the Scroll Mainnet Already Live?

Is the Scroll Mainnet Already Live?

Network data suggests that the zkEVM-based blockchain, Scroll, has quietly launched on the mainnet. The project team hasn’t dropped the official news yet, but they’ve left a subtle hint.

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USDR Loses Its Peg

USDR Loses Its Peg

The Real USD stablecoin (USDR), backed by crypto assets and real estate, has lost its peg to the dollar, resulting in nearly a 50% price drop.

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The TON & Alibaba Cloud Alliance for World’s Fastest Blockchain

The TON & Alibaba Cloud Alliance for World’s Fastest Blockchain

They plan establish 256 servers for validator nodes and initiate a dedicated TON blockchain network for performance testing.

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Another Day, Another Ellison Tale: Day Two of Testimony Is Here!

Another Day, Another Ellison Tale: Day Two of Testimony Is Here!

Attorney: What did the defendant tell you to do? Ellison: To continue repaying Alameda’s loans. Attorney: How did you? Ellison: Taking money from FTX customer funds.

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Brazilian Committee Recommends Charging Binance Execs with Fraud

Brazilian Committee Recommends Charging Binance Execs with Fraud

The Brazilian Congressional Committee has recommended that local law enforcement authorities bring charges against Changpeng Zhao and three other executives of Binance on allegations of fraud and other financial crimes.

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Hacken to Ensure Security of Radix Smart Contracts

Hacken to Ensure Security of Radix Smart Contracts

Ukrainian blockchain security firm, Hacken, has entered into a partnership with the smart contract platform Radix to conduct audits on projects developed using their proprietary programming language, Scrypto.

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JPMorgan launches new blockchain-based product

JPMorgan launches new blockchain-based product

The commercial bank JPMorgan tested the Tokenized Collateral Network (TCN) system for tokenizing collateral, conducting a real transaction between the financial giants BlackRock and Barclays.

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WOO Addresses Concerns

WOO Addresses Concerns

The crypto exchange, WOO, is set to repurchase its shares and tokens from Three Arrows Capital (3AC), a now-bankrupt hedge fund and its major investor.

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Arab Accounts on Crypto Exchanges at Risk

Arab Accounts on Crypto Exchanges at Risk

Paxful’s co-founder, Ray Youssef, has sounded the alarm about Israeli authorities exerting pressure on cryptocurrency platforms to freeze accounts linked to Arab nations.

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Hut 8 Mining Corp Retains Their Bitcoins

Hut 8 Mining Corp Retains Their Bitcoins

Canadian mining firm Hut 8 reported that it hasn’t sold any of the 111 BTC it minted in September 2023, despite a decline in the previous year’s revenues.

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Probe into FTX Legal Advisors Over $200 Million Deceitful Loan

Probe into FTX Legal Advisors Over $200 Million Deceitful Loan

Seeking to explore the suspected engagement of FTX’s legal advisers in approving deceitful loans from Alameda amounting to $200 million, Sam Bankman-Fried’s law team is in the process of obtaining the necessary permissions.

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Trader Joe’s Takes Legal Action Against Crypto “Trader Joe”

Trader Joe’s Takes Legal Action Against Crypto “Trader Joe”

American supermarket giant Trader Joe’s alleges that the crypto platform is unfairly benefiting from the well-established supermarket brand and its reputation due to their similar branding.

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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.