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.
Volatility Shares has announced that its 2x leveraged Bitcoin futures exchange-traded fund (ETF) will start trading this upcoming Tuesday. This will be the first leveraged crypto ETF available in the United States
Ledger and Revolut, likened to a familiar quote from the Old Testament, have been weighed and found wanting. According to the specialists at investment firm Molten, the fair market value of these crypto projects has taken a substantial hit this past year.
The UK-based crypto analytics firm, Elliptic, has announced its integration of artificial intelligence into its operations. Leveraging ChatGPT, the company has expedited its process of identifying risks linked to cybercrime.
The European Central Bank’s ambiguity regarding the implementation and circulation of the digital euro has spurred Slovakian legislators to take preemptive action. Slovakia’s Parliament has ratified a constitutional amendment, reinforcing the right to transact with physical euros for goods and services within the nation’s borders.
The IMF has crafted the XC platform, a solution designed to streamline cross-border payments. This project’s intricate details were unveiled by Tobias Adrian, the Director of the Monetary and Capital Markets Department. As his address drew to a close, it became clear that the XC platform is projected to lay the groundwork for the global deployment of CBDCs in the future.
The bear market hasn’t deterred seasoned investors from cryptocurrencies, a new survey shows.
In a noteworthy development, the U.S. Securities and Exchange Commission (SEC) has chosen to take a backseat regarding the enforcement of a $30 million fine on BlockFi, the crypto lending company which is currently in bankruptcy. According to legal documents from Thursday, the SEC’s stance is primarily aimed at ensuring that investors are repaid first.
JPMorgan Chase & Co., the renowned financial powerhouse, has achieved a milestone by broadening the horizons of its groundbreaking blockchain venture, JPM Coin, to encompass transactions denominated in euros.
Indian developers are continuously exploring artificial intelligence’s potential to aid their nation’s less fortunate, particularly in sectors like education, finance, and healthcare.
In the mood for another AI doom and gloom prediction? A former Google X employee has one for you.
SAP, the largest non-American software company in terms of revenue, has made an announcement regarding its use of US Dollar Coin (USDC) for testing cross-border payments.
Mitsubishi UFJ Financial Group Inc. is engaged in discussions with global stablecoin issuers to launch its own tokens on its blockchain platform. With Japan’s stablecoin law in place, MUFG plans to utilize its Progmat blockchain platform to create stablecoins linked to foreign currencies such as the US Dollar.
Over the past year, a Singaporean cybersecurity firm has discovered a major data breach involving more than 100,000 login credentials for the popular AI chatbot, ChatGPT. The compromised logins were traded on dark web marketplaces between June 2022 and May 2023, according to a recent blog post by Group-IB.
In a recent blog post, Atomic Wallet provided an update on the hack incident that occurred on June 3, stating that there have been no new confirmed cases since the initial reports. The company reiterated that less than 0.1% of app users were affected, a claim that has faced skepticism from many online.
Crypto-powered fraud continues to bother regulators as they try to crack down on crime. But who will have the punishment delivered to them?
BATHHOUSE, a spa located in Brooklyn, has come under fire after disclosing its use of energy from Bitcoin mining to heat its pools. The founders of the spa believed in the potential benefits of this technology, but their announcement sparked disapproval:
Two billionaires have sparked intense speculation with their potential cage match. The rivalry ignited when Meta announced plans for a decentralized social network to challenge Twitter, prompting Musk to call out Zuckerberg as a “copycat.”
PKO Bank Polski, a front-running bank in Poland, is enhancing and expanding its suite of services within the metaverse. This financial institution launched a virtual office on the Decentraland platform in October 2022 and has since been actively tracking the number of visits and measuring the level of engagement with this novel service model.
Ripple has scored a triumph in the island nation of Singapore, securing a preliminary nod from the Monetary Authority of Singapore (MAS) for a Major Payments Institution License.
Despite the hefty backlash, Ledger is still set to launch its seed phrase recovery feature in Q4, 2023.
Switzerland-based monetary authority, the Bank of International Settlements (BIS), has made public its plan to build a global “unified ledger” to facilitate Central Bank Digital Currencies (CBDCs) and tokenized assets. Even though it acknowledges the potential of tokenization, BIS has expressed its misgivings about decentralized cryptocurrencies.
India’s leading e-commerce company, Flipkart, in partnership with the Polygon blockchain and Hang platform, has launched Web3 loyalty program FireDrops.
On June 20, an innovative venue emerged in the heart of Kyiv. WhiteBIT, one of Europe’s largest crypto exchanges with Ukrainian roots, and Cryptology, a prominent Ukrainian crypto education company, joined forces to introduce an unprecedented concept: a pioneering crypto co-working space dubbed Digital Traders Hub.
Big AI needs regulation otherwise the “oligarchs” might “keep the workers poor”.
O’Leary Ventures CEO Kevin O’Leary is among the major institutional investors the crypto industry covets. In a recent interview with Fox News, O’Leary made his stance clear: the crypto sector must strive for compromise and establish an accord with the SEC. Without such a reconciliation, institutional investors won’t make their return to crypto.
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.