16 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.

Jack Ma Bets Big on AI

Jack Ma Bets Big on AI

Billionaire and Alibaba Group founder Jack Ma seems to have mended fences with China’s leadership. Following a three-year setback and a $1 billion penalty, Ma is now unveiling his two new AI ventures. The timing is certainly intriguing.

19 Sep 2023
Zodia Custody to Boost Crypto Yields for Institutions

Zodia Custody to Boost Crypto Yields for Institutions

Zodia Custody, backed by Standard Chartered, is partnering with OpenEden to offer yield on crypto holdings to institutional clients.

19 Sep 2023
FTX Sues Founder’s Parents for Fraudulent Transfers

FTX Sues Founder’s Parents for Fraudulent Transfers

The bankruptcy estate of crypto exchange FTX has filed a lawsuit against Joseph Bankman and Barbara Fried, parents of FTX founder Sam Bankman-Fried. The suit aims to recover millions of dollars in funds allegedly transferred and misappropriated fraudulently.

19 Sep 2023
Chainalysis: Crypto Thrives in Low-Income Countries

Chainalysis: Crypto Thrives in Low-Income Countries

Chainalysis’ recent study indicates a notable uptick in cryptocurrency adoption among the world’s economically disadvantaged nations.

19 Sep 2023
Elon Musk discussed plans for X with the Israeli Prime Minister

Elon Musk discussed plans for X with the Israeli Prime Minister

Musk said that the social network will implement a nominal monthly fee for utilizing the X system as a measure to combat “vast armies of bots.”

19 Sep 2023
Solana’s co-founder urges the Congress to regulate crypto

Solana’s co-founder urges the Congress to regulate crypto

Anatoly Yakovenko points out that many aspiring entrepreneurs wish to build blockchain companies but struggle with compliance due to the lack of clear regulatory guidelines, unlike traditional startups that can incorporate easily and affordably.

19 Sep 2023
SEC Hits a Roadblock in Accessing Binance․US Software

SEC Hits a Roadblock in Accessing Binance․US Software

A recent hearing tackled the SEC’s bid to compel Binance for more detailed information regarding the ongoing investigation.

19 Sep 2023
Citigroup Inc. has introduced Citi Token Services

Citigroup Inc. has introduced Citi Token Services

This service will convert customers’ deposits into digital tokens, enabling instant global transactions as part of its broader strategy to offer digital assets to institutional clients.

18 Sep 2023
A Parting Gift from Gensler?

A Parting Gift from Gensler?

There’s buzz, as shared by the CEO of Digital Assets Data, that Gary Gensler of the SEC could be lining up a post-commission role at a top-tier company. How? By possibly giving the nod to their spot Bitcoin ETFs.

18 Sep 2023
Wintermute is notably critical of DWF Labs and their practices

Wintermute is notably critical of DWF Labs and their practices

The co-founder of one of the most well-known market makers clarified that, according to their terminology, DWF Labs doesn’t qualify as market makers.

18 Sep 2023
Will Scroll Soon Unveil Its Mainnet?

Will Scroll Soon Unveil Its Mainnet?

Scroll, a new L2 network leveraging zkRollup technology, is gearing up for its mainnet release in the coming weeks.

18 Sep 2023
Is Ethereum Undervalued?

Is Ethereum Undervalued?

A report from the research company RxR suggests that ETH is trading at a 27% discount to its fair value. This assessment hinges on Metcalfe’s law which states that the network’s value is proportional to the square of the number of its users.

18 Sep 2023
U.S. Legislators Seek to Prevent CBDC Rollout

U.S. Legislators Seek to Prevent CBDC Rollout

On September 20, the U.S. House Financial Services Committee will review two proposed bills targeting the suspension of Central Bank Digital Currency (CBDC) development.

18 Sep 2023
Is the STORJ official team offloading tokens?

Is the STORJ official team offloading tokens?

In the past week, the official STORJ team has moved 6.25 million tokens to an exchange, valued at approximately $2.14 million.

17 Sep 2023
QANplatform Launches a New Quantum-Resistant Blockchain

QANplatform Launches a New Quantum-Resistant Blockchain

QANplatform has rolled out a private L1 quantum-resistant blockchain with minimal fees, enabling developers to build smart contracts in any programming language.

17 Sep 2023
Holesky Testnet: Second Launch Attempt Date Revealed

Holesky Testnet: Second Launch Attempt Date Revealed

The next launch attempt for the Ethereum Holesky testnet is slated for around September 22-28.

17 Sep 2023
Magic Eden Adds Support for Solana’s Compressed NFTs

Magic Eden Adds Support for Solana’s Compressed NFTs

Magic Eden NFT marketplace will now support Solana’s compressed NFTs (cNFTs), offering a cost-effective and scalable option for digital collectibles.

17 Sep 2023
3LAU Exits Friend.tech Over Regulatory Concerns

3LAU Exits Friend.tech Over Regulatory Concerns

DJ 3LAU, a known crypto enthusiast, has stirred discussions after leaving decentralized social platform, Friend.tech.

16 Sep 2023
Is Polkadot Turning Its Back on Its Own Ecosystem?

Is Polkadot Turning Its Back on Its Own Ecosystem?

Lack of financial backing from Polkadot’s treasury has reportedly forced the PolkaWorld community to halt operations.

16 Sep 2023
Mark Cuban, fell victim to a crypto scam, losing around $870,000

Mark Cuban, fell victim to a crypto scam, losing around $870,000

Billionaire entrepreneur and Dallas Mavericks owner’s wallet had been inactive for 160 days before some of his assets were transferred.

16 Sep 2023
JPEX: Warning Bells Ringing

JPEX: Warning Bells Ringing

Critics are targeting JPEX, a crypto exchange out of Hong Kong. The grievance? A sudden surge in withdrawal fees to $999, alongside a maximum limit set at $1000.

15 Sep 2023
Breach at Curve Finance Bolsters Coinbase’s Earnings

Breach at Curve Finance Bolsters Coinbase’s Earnings

The Curve Finance hack, which led to the theft of $73 million, inadvertently resulted in a profit of roughly $1 million for the cryptocurrency exchange, Coinbase.

15 Sep 2023
Here’s What Kunis and Kutcher’s NFT Cat Collection Looks Like

Here’s What Kunis and Kutcher’s NFT Cat Collection Looks Like

Mila Kunis and her beau Ashton Kutcher are in trouble because of their NFT collection. Let’s take a look at what all the fuss is about.

15 Sep 2023
Japan Allows Fundraising Through Cryptocurrencies

Japan Allows Fundraising Through Cryptocurrencies

In an innovative update to its regulatory framework, Japan has made a significant move to modernize startup financing. The nation’s government has decided to allow businesses to attract investors using their own cryptocurrencies, breaking from the traditional reliance solely on shares.

15 Sep 2023
Remitano Firmly Denies User Fund Jeopardy

Remitano Firmly Denies User Fund Jeopardy

After PeckShield brought attention to questionable transfers from Remitano’s wallets, totaling an estimated $2.7 million, the exchange was quick to assure users about the safety of their assets.

15 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.