17 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.

SEC Approval of Bitcoin ETF Won’t Shift the Game, Say JPMorgan

SEC Approval of Bitcoin ETF Won’t Shift the Game, Say JPMorgan

In a recent report, JPMorgan expressed a measured outlook on the influence a spot bitcoin exchange-traded fund (ETF) would have on cryptocurrency markets, even if the U.S. Securities and Exchange Commission (SEC) gives it the green light. The financial institution pointed out that while the approval of such an ETF is eagerly awaited, it may not be the market-altering event some anticipate.

07 Jul 2023
Sam Altman Warns of AI Risks at the Future of AI Summit

Sam Altman Warns of AI Risks at the Future of AI Summit

Sam Altman made a notable appearance at the Future of AI Summit. Remarkably, the CEO of OpenAI deemed AI a tool capable of eradicating global poverty, and in the same breath, declared it could bring about the end of humanity.

07 Jul 2023
FBI Investigates Kraken Co-Founder Jesse Powell

FBI Investigates Kraken Co-Founder Jesse Powell

The FBI has conducted a search at the Los Angeles residence of Jesse Powell, co-founder of Kraken, as part of an investigation into allegations of hacking and cyber-stalking involving a nonprofit arts group that he established.

07 Jul 2023
Twitter Threatens Legal Action Against Threads

Twitter Threatens Legal Action Against Threads

Twitter has sent a legal notice to Meta, the parent company of Instagram, regarding its recently introduced text-based platform named Threads. Twitter’s lawyer, Alex Spiro, sent a letter to Meta CEO Mark Zuckerberg accusing the company of unlawfully poaching former Twitter employees to create a “copycat” application.

07 Jul 2023
Mastercard Unveils AI Tool to Fight Payment Fraud

Mastercard Unveils AI Tool to Fight Payment Fraud

Mastercard has introduced a new tool powered by artificial intelligence (AI) to assist banks in combating payment fraud and scams in real-time.

06 Jul 2023
Which Companies Have the Least Happy Staff?

Which Companies Have the Least Happy Staff?

According to data gathered from Glassdoor, employees at crypto exchanges, including Gemini, Binance, and Coinbase, are reportedly among the least happy in the industry.

06 Jul 2023
OpenAI Forms Team to Manage Risks of Superintelligent AI

OpenAI Forms Team to Manage Risks of Superintelligent AI

OpenAI, the team behind the AI chatbot ChatGPT, has announced the formation of a new team dedicated to managing the risks associated with superintelligent AI systems. In a blog post on July 5, the non-profit organization expressed its intention to navigate and control AI systems that surpass human intelligence.

06 Jul 2023
AI Will Choose Bitcoin Over USDT

AI Will Choose Bitcoin Over USDT

Tether’s Chief Technology Officer, Paolo Ardoino, suggests that in a dystopian AI-ruled future, AGI (artificial general intelligence) would prefer a decentralized currency like Bitcoin, as machines would favor a currency independent of human influence.

05 Jul 2023
Do Kwon Went Shopping?

Do Kwon Went Shopping?

On July 3, Do Kwon, the CEO of Terraform Labs, withdrew a total of 5,592 BTC (approximately $172.4 million) from a virtual asset wallet. This represents the largest amount of Bitcoin in Kwon’s on-chain assets to date.

05 Jul 2023
Twitter’s Rivals are Beefing Up

Twitter’s Rivals are Beefing Up

Musk’s Twitter doings are driving away some users from the platform. The competitors are ready to capitalize on that.

05 Jul 2023
UK Approves Bill to Confiscate and Freeze Criminal Digital Assets

UK Approves Bill to Confiscate and Freeze Criminal Digital Assets

The House of Lords in the United Kingdom has given the green light to an unprecedented bill aimed at seizing and freezing digital assets associated with criminal activities.

05 Jul 2023
Buterin Expresses Reluctance to Stake His ETH

Buterin Expresses Reluctance to Stake His ETH

During a recent Twitter podcast, Ethereum’s creator revealed that the majority of his ETH holdings are kept in hardware wallets. He has only staked a minor portion due to potential security risks associated with staking.

05 Jul 2023
Quantum Technology Transform Digital Payments

Quantum Technology Transform Digital Payments

Researchers from the University of Vienna’s Vienna Center for Quantum Science and Technology have unveiled a quantum-secured digital payment system. Utilizing pairs of quantum entangled photons, this innovation encrypts payment transactions in a way that makes them virtually impervious to tampering.

05 Jul 2023
A New Era of AI: OpenAI’s Marketplace Reshaping the Game

A New Era of AI: OpenAI’s Marketplace Reshaping the Game

OpenAI is aiming to launch a marketplace of its own, akin to the App Store or Play Market. Here, third-party initiatives will have the opportunity to sell ready-to-use artificial intelligence models to users.

05 Jul 2023
Introducing a New Solution for DeFi Protocol Protection

Introducing a New Solution for DeFi Protocol Protection

In a bid to shield the Decentralized Finance (DeFi) ecosystem from security breaches, a collective of Ethereum enthusiasts has put forward a novel standard named ERC 7265. The standard would integrate a “circuit breaker” functionality into DeFi smart contracts, empowering them to promptly halt token transactions in the face of a hack or security anomaly.

04 Jul 2023
CBDC Payments Introduced on Buses in China

CBDC Payments Introduced on Buses in China

Jinan, a pivotal city situated in the Shandong Province of China, is propelling the adoption of China’s trailblazing central bank digital currency (CBDC), known as the digital yuan. An expansion has taken place where the entire bus network of Jinan is now fully equipped to accept digital yuan as payment for bus fares.

04 Jul 2023
#Ratelimitexceeded: Best Responses to Musk’s Announcement

#Ratelimitexceeded: Best Responses to Musk’s Announcement

Musk is once again taking controversial decisions regarding Twitter policies. The community doesn’t wish to keep silent.

04 Jul 2023
3AC Co-Founder Plans Unique Recovery Process for Creditors

3AC Co-Founder Plans Unique Recovery Process for Creditors

During a Twitter Spaces event, Kyle Davies, the founder of the bankrupt hedge fund Three Arrows Capital, revealed his plans for a new crypto trading platform called OPNX. Davies expressed his intention to give back to his creditors and explained that the new platform would offer a unique opportunity for early supporters.

04 Jul 2023
Gemini Co-Founder Accuses DCG of Fraud

Gemini Co-Founder Accuses DCG of Fraud

Cameron Winklevoss, co-founder of Gemini, has written an open letter to Barry Silbert, the CEO of Digital Currency Group (DCG), accusing the company of fraudulent behavior. The letter represents the concerns of 232,000 Earn users who have over $1.2 billion of assets trapped in Genesis, a company owned by DCG.

04 Jul 2023
OECD Countries to Implement the Crypto Asset Reporting Framework

OECD Countries to Implement the Crypto Asset Reporting Framework

The Organisation for Economic Co-operation and Development (OECD) has introduced to its member nations CARF – an all-encompassing tax regime designed specifically for the crypto sector. It seems that cryptocurrencies are no longer serving as a “silent harbor” for anarchists who prefer not to share their hard-earned money with the government.

03 Jul 2023
The Guru of Macroeconomics Foresees the Onset of Altseason

The Guru of Macroeconomics Foresees the Onset of Altseason

Former Goldman Sachs executive Raoul Pal foresees an imminent shift of capital flows into the altcoin market. This prediction stems from his comprehensive analysis of the TOTAL3 growth trend.

03 Jul 2023
Android Conductor Makes Debut at National Theatre of Korea

Android Conductor Makes Debut at National Theatre of Korea

On June 30, a landmark event unfolded at the National Theatre of Korea as a robot named EveR 6 made its public debut, co-conducting the Korean National Symphony Orchestra. This marked the first time a robot has taken on the role of conductor in South Korea.

03 Jul 2023
Thailand and Singapore Against Crypto Staking and Lending

Thailand and Singapore Against Crypto Staking and Lending

In a recent development, the Securities and Exchange Commission (SEC) of Thailand has implemented new regulations that require cryptocurrency exchanges and other entities to publicly disclose the potential risks associated with trading cryptocurrencies.

03 Jul 2023
Bittrex Seeks Dismissal of SEC Legal Dispute

Bittrex Seeks Dismissal of SEC Legal Dispute

In its court filing, Bittrex asserts that the SEC’s regulatory jurisdiction over cryptocurrencies as securities is lacking unless specifically granted by Congress. This challenges the SEC’s interpretation of existing securities regulations and aims to establish a clearer regulatory framework for digital assets.

03 Jul 2023
False Rumors Circulate About Gensler’s Resignation

False Rumors Circulate About Gensler’s Resignation

Rumors about the resignation of Gary Gensler, the chair of the United States Securities and Exchange Commission (SEC), have resurfaced, with indications that artificial intelligence (AI) may have played a role.

03 Jul 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.