15 Jan 2025

News

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.

Sam Bankman-Fried’s Attorney Renews Jail Release Request

Sam Bankman-Fried’s Attorney Renews Jail Release Request

The legal team of the FTX founder has renewed their request for his pre-trial release.

26 Sep 2023
Microsoft Plans to Integrate a Crypto Wallet with Xbox Leaked

Microsoft Plans to Integrate a Crypto Wallet with Xbox Leaked

This leak, described as the “biggest in Xbox history,” has unveiled unredacted emails that rarely see the public domain.

26 Sep 2023
Citi’s Token Service and the Future of Banking

Citi’s Token Service and the Future of Banking

Traditional Finance (TradFi) is experiencing a surge of transformative trends. Following the footsteps of other major entities in the sector, Citibank is embracing blockchain technology. With the innovative Citi Token Service and smart contracts, this banking behemoth is aiming to enhance the transparency and efficiency of its services.

26 Sep 2023
Crypto Fund Management: The Next Big Opportunity?

Crypto Fund Management: The Next Big Opportunity?

Bernstein’s projections suggest a bright future for crypto fund management, potentially overseeing up to $50 billion in the near term.

26 Sep 2023
AI Helps to Identify DNA Mutations Early On

AI Helps to Identify DNA Mutations Early On

Artificial intelligence may be a contested subject. However, when it comes to health it appears to be bearing fruit.

26 Sep 2023
Bitboy Crypto Arrested Amidst Confrontation Drama

Bitboy Crypto Arrested Amidst Confrontation Drama

Ben Armstrong found himself in hot water when he was arrested during a confrontation at his former business partner’s home.

26 Sep 2023
NASA to Use Blockchain to Verify Moon Landing Data

NASA to Use Blockchain to Verify Moon Landing Data

In collaboration with Florida-based computing startup Lonestar and the Isle of Man, they plan to send a payload to the Moon in February 2024. This payload will include “data cubes” containing critical information.

26 Sep 2023
Legal Consequences Loom for Bankman-Fried: What to Expect

Legal Consequences Loom for Bankman-Fried: What to Expect

The Department of Justice (DOJ) has long ago highlighted the potential sentencing outcomes for Sam Bankman-Fried, should he be convicted on the various charges he faces.

25 Sep 2023
From $7 Million to $195: The Decade’s Biggest NFT Downfall

From $7 Million to $195: The Decade’s Biggest NFT Downfall

In December 2021, Cozomo de’ Medici invested $7 million in the “Right-click and Save As guy” NFT.

25 Sep 2023
ChatGPT Advances: Incorporating Auditory and Visual Recognition

ChatGPT Advances: Incorporating Auditory and Visual Recognition

Going beyond text, OpenAI’s update has introduced the option for users to interact with ChatGPT via voice.

25 Sep 2023
Billions Flow from Amazon to AI Pioneer Anthropic

Billions Flow from Amazon to AI Pioneer Anthropic

Venturing deeper into the realm of artificial intelligence, Amazon has pinpointed Anthropic for a substantial investment, potentially totaling $4 billion.

25 Sep 2023
South Korea Tightens Grip on Crypto Exchange Owners

South Korea Tightens Grip on Crypto Exchange Owners

South Korean authorities are expanding their scrutiny to include shareholders of major exchanges like Bithumb and Upbit to ensure compliance with local laws.

25 Sep 2023
Tether Stays Away from Loans

Tether Stays Away from Loans

Tether CTO Paolo Ardoino has refuted recent WSJ claims about restarting USDT-denominated loans.

25 Sep 2023
Hong Kong Tightens Grip on Unregulated Crypto Exchanges

Hong Kong Tightens Grip on Unregulated Crypto Exchanges

Following an incident with the crypto exchange JPEX, Hong Kong’s Securities and Futures Commission (SFC) is prioritizing the regulation of Virtual Asset Trading Platforms (VATP) to bolster market confidence and mitigate risks.

25 Sep 2023
Mixin Network Breached, $200 Million Stolen!

Mixin Network Breached, $200 Million Stolen!

The decentralized asset transfer network, Mixin Network, has suffered a breach due to a security vulnerability of its cloud service provider.

25 Sep 2023
$6.7 Million Accidental Windfall Leads to Community Corrections

$6.7 Million Accidental Windfall Leads to Community Corrections

In 2021, the crypto exchange Crypto.com accidentally transferred 10.5 million Australian dollars ($6.7 million) to an Australian couple.

24 Sep 2023
TOKEN2049 Recap

TOKEN2049 Recap

This year’s installment of Asia’s largest Web3 event came to an end yet promises to come back even bigger and louder.

24 Sep 2023
Terra Classic Community Halts USTC Minting

Terra Classic Community Halts USTC Minting

Terra Classic (LUNC) community has voted to cease all minting and reminting of Terra Classic USD (USTC), the algorithmic stablecoin known as UST.

24 Sep 2023
Arkham Spots $25 Billion in BTC Across Coinbase Addresses

Arkham Spots $25 Billion in BTC Across Coinbase Addresses

948,000 BTC, accounting for nearly 5% of all circulating BTC and comparable to Satoshi Nakamoto’s holdings, have been identified.

23 Sep 2023
EPRS Urges Tighter Crypto Oversight Outside EU

EPRS Urges Tighter Crypto Oversight Outside EU

The European Parliamentary Research Service (EPRS) has emphasized the need for stricter regulation from non-European Union (EU) authorities to ensure global cryptocurrency market stability and growth.

22 Sep 2023
Gang-Controlled Prison Hides Weapons, Drugs, and Bitcoin Rigs

Gang-Controlled Prison Hides Weapons, Drugs, and Bitcoin Rigs

In a massive operation involving over 11,000 police officers backed by tanks and armored vehicles, Venezuelan authorities took control of the Tocoron prison.The aftermath of the operation exposed a collection of explosives, firearms, missile gear, illicit substances, and Bitcoin mining rigs.

22 Sep 2023
Coinbase Steps Back from FTX Europe Acquisition

Coinbase Steps Back from FTX Europe Acquisition

After the bankruptcy of FTX in 2022, Coinbase expressed interest in acquiring its subsidiary, FTX Europe, with the intention of bolstering their global cryptocurrency derivatives footprint. This consideration was rekindled in September 2023, as reported by Fortune.

22 Sep 2023
FTX Launches Lawsuit Against Hong Kong Affiliate

FTX Launches Lawsuit Against Hong Kong Affiliate

The bankrupt exchange is suing former employees of Salameda, a Hong Kong-incorporated company previously associated with the FTX group.

22 Sep 2023
Shanghai Upgrade Falls Short in Stimulating Ethereum’s Activity

Shanghai Upgrade Falls Short in Stimulating Ethereum’s Activity

JPMorgan, a leading U.S. bank, has pointed out that the Shanghai upgrade did not boost Ethereum activity as expected.

22 Sep 2023
Linear Finance Hit by Attack Resulting in LUSD Liquidity Wipeout

Linear Finance Hit by Attack Resulting in LUSD Liquidity Wipeout

The attacker exploited a vulnerability, enabling them to mint an unlimited supply of LAAVE.

22 Sep 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.