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.
In a recent crypto hack, the attackers exploited a smart contract function in PolyNetwork’s bridge tool, a cross-chain protocol, resulting in the issuance of billions worth of various tokens. The attackers manipulated the bridge to create tokens that didn’t actually exist on certain networks.
Does a work conceived by artificial intelligence qualify as authentic art? And how is copyright applied to such a creation? These questions are beginning to confront developers and legal experts alike.
Flash loans used to exploit smart contracts and price oracles of DeFi platforms are causing the decentralized finance sector to lose hundreds of millions of dollars annually. These incidents are commonly known as Flash Loan attacks.
A federal court has ruled that cryptocurrency exchange Kraken must provide the Internal Revenue Service (IRS) with user account and transaction information.
The US Securities and Exchange Commission is taking Coinbase to court. But that doesn’t seem to put off major investors like Cathie Wood, the CEO and chief investment officer of ARK Invest.
The US Securities and Exchange Commission (SEC) has raised concerns over the latest batch of applications for spot Bitcoin exchange-traded funds (ETFs).
AI and sex. What could possibly go wrong? Well, a lot.
The imminent court case of the SEC vs Ripple is drawing fervent discussions among experts and sympathizers. Some are even forecasting that the Commission will soon divert its attention towards ETH.
The WB Network testnet was launched in March 2023, and ever since, WhiteBIT has been actively gearing up for the mainnet release. This crucial event for Ukrainian crypto enthusiasts appears to be just on the horizon: the company has disclosed the conditions for the airdrop!
South Korea has approved its first standalone digital-asset bill aimed at enhancing investor protection. The move comes more than a year after the $2 trillion cryptocurrency market collapse caused by South Korean entrepreneur Do Kwon.
German Intel has some new recruitment methods. Non-fungible tokens (NFTs) play a major role in them.
French clothing brand Lacoste has announced the expansion of its Web3 program with a token-gated ecosystem that gamifies user participation and offers NFT-related perks. The initiative, called UNDW3 (pronounced “underwater”), builds upon the brand’s previous release of 11,212 profile picture NFTs featuring its iconic crocodile motif.
BTFP was established by the Federal Reserve in March of this year in response to the banking crisis in the United States, which resulted in the collapse of Silicon Valley Bank and other depository firms.
King Charles officially approved the UK bill granting regulators the authority to oversee cryptocurrencies and stablecoins. This milestone marks the final formal stage, solidifying the bill’s status as law.
In a development in the ongoing legal battle between Coinbase and the U.S. Securities and Exchange Commission (SEC), the exchange has filed a motion to dismiss the SEC’s complaint.
The National Council of the Slovak Republic, Slovakia’s parliament, has approved measures to lower taxes on cryptocurrencies and provide additional benefits for cryptocurrency holders. The amendment, passed on June 28, will reduce the personal income tax rate on profits obtained from the sale of cryptocurrencies held for at least one year.
The German financial regulator, BaFin, has reportedly denied a crypto custody license to Binance. The decision was reported by Finance Forward, citing sources familiar with the matter. It remains unclear whether the denial was a formal decision or part of ongoing discussions between Binance and BaFin.
In a milestone operation, Israel’s National Bureau for Counter Terrorist Financing has successfully intercepted millions of dollars in cryptocurrency funds allocated for terror activities. This significant achievement was the outcome of a cooperative effort involving multiple branches of the Israeli government, intelligence services, and cutting-edge technological tools.
NFT TECHNOLOGIES INC (NFT Tech) has brought to market the groundbreaking Breakout AI platform, underpinned by artificial intelligence. This platform is a solution for the monetization of intellectual property, poised to solidify NFT Tech’s leading position in the immersive experience industry.
“Cartography of the Soul” presents itself as both a tangible exhibition and an NFT online auction, offering viewers a journey through the labyrinth of the psyche. Adding a distinctive allure to the Christie’s project is the portrayal of the artists’ personal experiences with psychedelics in numerous works.
Ether is an anime-styled NFT collection, designed to form the basis of an original graphic novel, a contemporary clothing brand, and a welcoming community.
Arthur Hayes, a former BitMEX CEO, offers his insights on the current state of financial markets in his essay “Fungible,” focusing on the cryptocurrency sector and the concept of fungibility of capital.
Analytics company Chainalysis has issued a report examining the potential role of mining pools in money laundering, through asset mixing and subsequent legitimization.
Circle CEO Jeremy Allaire addressed the US Congress, casting a favorable light on the proposed bill to regulate stablecoins.
Tether, the leading stablecoin provider, has signed a Memorandum of Understanding (MOU) with the Government of Georgia to develop and promote blockchain, Bitcoin, and peer-to-peer infrastructure. This strategic partnership aims to position Georgia as a central hub for cutting-edge technologies, sparking a wave of innovation and economic growth.
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.
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.