04 Apr 2025

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Get comprehensive coverage of the cryptocurrency industry with our news selection. Whether you’re a seasoned investor or just a novice crypto enthusiast, The Coinomist has the news and insights you need to stay informed. From Bitcoin to DeFi, we’ve got you covered.

Bitcoin Bull Run Is Just Starting as Institutions Buy In

Bitcoin Bull Run Is Just Starting as Institutions Buy In

A recent Bernstein report suggests that Bitcoin could soon see strong upward momentum, driven by increasing institutional investments.

Anton Kryshtal
Mystery Coder Burns $7M in ETH—Calls Out Brain-Tech ‘Weapons’

Mystery Coder Burns $7M in ETH—Calls Out Brain-Tech ‘Weapons’

A mysterious figure, Hu Lezhi, has publicly burned millions in ETH, alleging the existence of an underground organization manipulating human consciousness.

Anton Kryshtal
Lawmaker Attacks Trump’s Meme Coin, Musk’s DOGE

Lawmaker Attacks Trump’s Meme Coin, Musk’s DOGE

Democratic Congresswoman Ayanna Pressley has criticized the DOGE agency and Trump’s meme coin, arguing they represent a dangerous shift in financial oversight.

Anton Kryshtal
LIBRA Meme Coin Mystery—Is There a MELANIA Connection?

LIBRA Meme Coin Mystery—Is There a MELANIA Connection?

LIBRA’s sudden launch has left the crypto world divided. Was it just another meme coin stunt, or is there a real connection to Javier Milei? And what’s this about MELANIA? The plot thickens.

The Coinomist
Scammers Tricked Investors with a Fake Saudi Meme Coin

Scammers Tricked Investors with a Fake Saudi Meme Coin

Scammers impersonating Saudi Crown Prince Mohammed bin Salman on X claimed to launch an “official” KSA meme coin. Spoiler alert: It was a total scam.

Anton Kryshtal
Italy Moves to Rein In Crypto as EU, U.S. Rules Diverge

Italy Moves to Rein In Crypto as EU, U.S. Rules Diverge

The Bank of Italy, together with the Italian securities regulator Consob, met with industry leaders to discuss the evolving rules for digital assets.

Anton Kryshtal
HashFlare: The Story Behind the Infamous Crypto Ponzi Scheme

HashFlare: The Story Behind the Infamous Crypto Ponzi Scheme

The HashFlare cryptocurrency Ponzi scheme is coming to a close, with its founders admitting to a $577 million fraud. Let’s take a look back at how this infamous platform started and operated.

Anton Kryshtal
AI Is Making Crypto Scams Smarter—Insights from Chainalysis 2024

AI Is Making Crypto Scams Smarter—Insights from Chainalysis 2024

The 2024 Chainalysis report confirms that AI-driven fraud is on the rise, with crypto scammers cashing in at least $9.9 billion through advanced deception tactics.

The Coinomist
North Korean Hackers Infiltrate GitHub & NPM to Steal Crypto

North Korean Hackers Infiltrate GitHub & NPM to Steal Crypto

Lazarus Group, a North Korean hacking unit responsible for numerous cyber attacks, has launched a new campaign targeting software developers and crypto wallets.

Anahit Avetisyan
Solana Outpaces Rivals as App Revenues Surge in Crypto Revival

Solana Outpaces Rivals as App Revenues Surge in Crypto Revival

Messari reports that Solana-based apps saw an unbelievable 213% revenue spike, making Solana the top blockchain for app-generated earnings.

Anton Kryshtal
HashFlare Founders Admit to $575M Crypto Fraud Scheme

HashFlare Founders Admit to $575M Crypto Fraud Scheme

A long-anticipated court hearing in the U.S. has concluded with HashFlare co-founders Sergei Potapenko and Ivan Turogin admitting to charges of wire fraud.

The Coinomist
WhiteBIT Freezes $150M in Stolen Crypto: Here’s How

WhiteBIT Freezes $150M in Stolen Crypto: Here’s How

WhiteBIT has reported that in 2024, it successfully froze over $150 million in crypto assets threatened by cybercrime. This includes funds recovered from exchange hacks and assets protected from account breaches and fraudulent activities.

Dmytro Psevdonimenko
Coinbase Projects Strong Q4 Revenue as Crypto Trading Rebounds

Coinbase Projects Strong Q4 Revenue as Crypto Trading Rebounds

Coinbase, the only publicly listed crypto exchange, is on the verge of releasing its Q4 2024 earnings. Preliminary data from Coin Metrics suggests robust revenue growth, hinting at a potential crypto market recovery and improving regulatory sentiment.

Dmytro Psevdonimenko
FTX to Start Creditor Payouts in 2025—Here’s What to Expect

FTX to Start Creditor Payouts in 2025—Here’s What to Expect

On February 18, 2025, some creditors of the bankrupt crypto exchange FTX will start receiving payments, signaling one of the final steps in the company’s financial restructuring.

Anton Kryshtal
Hacker Behind SEC Breach Faces $50,000 Forfeiture Deal

Hacker Behind SEC Breach Faces $50,000 Forfeiture Deal

A plea deal could be on the table for the hacker behind the SEC account breach, but it comes at a price—a $50,000 asset forfeiture.

Anton Kryshtal
Tesla’s Bitcoin Bet Is Paying Off—$600 Million in Gains

Tesla’s Bitcoin Bet Is Paying Off—$600 Million in Gains

Tesla is back in the financial headlines, revealing a $600 million paper profit from its Bitcoin holdings in Q4 2024—proof that Tesla Bitcoin collateral play is still paying off.

Dmytro Psevdonimenko
OpenSea Foundation Mystery: Coincidence or Cover-Up?

OpenSea Foundation Mystery: Coincidence or Cover-Up?

NFT marketplace OpenSea has attracted crypto Twitter (X)’s attention with a token airdrop and KYC uncertainties.

Anahit Avetisyan
Why Crypto Is Down: How Trump’s Policies Spark Market Panic

Why Crypto Is Down: How Trump’s Policies Spark Market Panic

Despite the crypto market showing signs of recovery from its early February drop, prices are still down compared to record highs hit during President Donald Trump’s inauguration on January 20.

Anahit Avetisyan
Arthur Hayes Calls for $YE Memecoin as Kanye Sparks Controversy

Arthur Hayes Calls for $YE Memecoin as Kanye Sparks Controversy

In a recent X post, trader and BitMEX co-founder Arthur Hayes called for the launch of a $YE memecoin.

Anahit Avetisyan
GTA 6 Rumored to Feature Crypto Payments and Play-to-Earn Model

GTA 6 Rumored to Feature Crypto Payments and Play-to-Earn Model

The internet is buzzing once again with speculation that Grand Theft Auto VI (GTA 6) might introduce cryptocurrency payments and implement Play-to-Earn (P2E) mechanics.

Anton Kryshtal
Crypto Bull Market? DonAlt Says Sentiment Has ‘Never Been Worse’

Crypto Bull Market? DonAlt Says Sentiment Has ‘Never Been Worse’

Despite Bitcoin trading near the $100,000 mark, some crypto influencers argue that market sentiment is at an all-time low. BTC’s dominance has overshadowed most altcoins, leaving many retail investors frustrated.

Dmytro Psevdonimenko
Klarna to Integrate Crypto: CEO Invites User Suggestions

Klarna to Integrate Crypto: CEO Invites User Suggestions

Klarna, a global payment solutions provider based in Sweden, became the latest fintech to integrate cryptocurrencies.

Anahit Avetisyan
Polymarket Grows as Users Move Beyond Election Bets

Polymarket Grows as Users Move Beyond Election Bets

Polymarket’s rise was fueled by political wagering, but its growth hasn’t stopped there. The platform now offers a wide range of prediction markets, attracting users looking for more than just election-based speculation.

Iaroslava Kramarenko
Winklevoss Twins Consider IPO for Gemini Exchange

Winklevoss Twins Consider IPO for Gemini Exchange

The Winklevoss twins, Cameron and Tyler, are reportedly considering an initial public offering (IPO) for their cryptocurrency exchange, Gemini. If successful, this move would place Gemini among the growing list of crypto companies entering public markets.

Anahit Avetisyan
Trump Jr. States That Crypto Is America’s Path to Global Dominance

Trump Jr. States That Crypto Is America’s Path to Global Dominance

The crypto community has taken notice of Donald Trump Jr.’s latest remarks. Speaking at the Ondo Finance Summit in New York, he asserted that cryptocurrencies will play a crucial role in maintaining America’s global economic leadership.

Anton Kryshtal
The Man Who Forgot $240M: A Bitcoin Tragedy for the Ages

The Man Who Forgot $240M: A Bitcoin Tragedy for the Ages

This is perhaps the most iconic crypto loss story of all time. In 2011, Stefan Thomas received 7,002 BTC for making a video. Today, that stash is worth $240 million. But he forgot the password. An entire fortune locked away forever.

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.