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.
The European Union has adopted a new legislative framework for the crypto asset market (MiCA). Even though the development of this document began back in 2020, the issue of regulation has become increasingly urgent, especially following the problems that emerged in 2022.
As the highly anticipated launch of Worldcoin’s token approaches, concerns are mounting regarding the integrity of its unique individual verification process. Co-created by Sam Altman from OpenAI, Worldcoin aims to distribute tokens to those who can prove their uniqueness by undergoing iris scans using Worldcoin’s specialized orbs.
OpenAI’s revolutionary AI-powered language model, ChatGPT, has extended its horizon by launching a dedicated iOS app. This new development aims to facilitate users who wish to interact with ChatGPT while on the move.
Coinbase, one of the globe’s leading crypto exchanges, is extending its subscription service, ‘Coinbase One,’ to 35 countries. The expansion aims to boost user retention and create steady income in the midst of a challenging crypto market.
Ahead of the ETH: Kyiv hackathon, DAYZERO, a Web3 event, is being organized by the Web3Go studio. It is backed by notable partners such as WhiteBIT, 1inch, MC.today, Incrypted, Hacken, and others. Unit.City will host the gathering.
In a recent discussion on Bloomberg’s Odd Lots podcast, Rostin Behnam, the Chair of the Commodity Futures Trading Commission (CFTC), underscored that decentralized crypto exchanges would be regulated, either by the CFTC or the Securities and Exchange Commission. This applies even if they’re built on “self-effectuating” protocols that are merely code.
Independent audit firm BDO has compiled a reserve report for Tether Limited’s board of directors. This is a crucial step that every stablecoin issuer must take, but, unfortunately, not everyone follows this rule.
In a substantial step forward for the worldwide implementation of central bank digital currencies (CBDCs), the Hong Kong Monetary Authority (HKMA) unveiled its pilot program for the electronic Hong Kong dollar (e-HKD) on Thursday, explaining the digital currency’s numerous possible applications in payments and tokenized deposits.
In a significant moment for the burgeoning Ordinals market, Bitcoin Frogs has outpaced Bored Apes to become the highest traded non-fungible token (NFT) collection in the past 24 hours. With nearly 700 transactions, the collection has amassed over $2 million in trade volume.
Conflux Network,a public blockchain, in partnership with China Telecom, China’s second largest wireless communication operator, has unveiled its inaugural blockchain-based SIM card (BSIM).
A fervent discourse has been ignited on Twitter between John Reed Stark, a financial reporting expert, and Paolo Ardoino, the Chief Technical Officer of Tether. This verbal joust was sparked by Stark’s critique of the overall health of the company.
The Calgary Police and Chainalysis have come together to launch the Western Canada Cryptocurrency Investigation Center in mid-April. The facility’s primary objective is to tackle crimes involving blockchain and cryptocurrencies.
Tether, a leading stablecoin issuer, has unveiled a new investment approach emphasizing Bitcoin (BTC). The company will allocate up to 15% of its net realized operating profits to purchase Bitcoin, thereby diversifying and strengthening its reserves. As of March 2023, Tether already had approximately $1.5 billion in BTC reserves.
Elon Musk, the former CEO of Tesla, unveiled an impressive update on the Tesla Bot project at a recent shareholders meeting. The video footage displayed the autonomous robots performing tasks with newfound proficiency, including steady walking, object recognition, and picking up items.
In an unorthodox move, a group of British legislators has proposed that the trading of “unbacked cryptoassets” such as Bitcoin and Ethereum should be regulated akin to gambling, not as a financial service, according to a recent House of Commons Committee report.
A significant legal development has unfolded in the ongoing legal tussle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). A request from the SEC to keep internal records about a key speech made by former director William Hinman confidential has been rejected by the courts. This move has been welcomed by both Ripple and the broader cryptocurrency community.
Within the BitDAO community, there is a proposal to undergo a rebranding of the governance and treasury structure in favor of the Mantle project, while keeping the underlying processes intact. This entails the replacement of the primary token as well.
On May 11th, Elon Musk made a fascinating tweet, revealing the arrival of a new CEO for Twitter/X. Merely a day later, he unveiled the individual’s name. Now the question arises, who is this person?
This May, the WhiteBIT Bulls art tokens have made a stunning debut, injecting color and vibrancy into the world of NFTs.
To address the economic situation, Zimbabwe has introduced a gold-backed token as a measure to stabilize its economy. This token has been approved and can be used as an alternative means of payment.
Justin Sun, CEO of Tron (TRX) and stakeholder in Huobi, has made serious allegations against Li Wei, the brother of Huobi’s founder Li Lin. Sun accuses Wei of acquiring Huobi’s native token (HT) at no cost and later selling it for significant profit.
The meme-inspired cryptocurrency, Dogecoin, has witnessed an explosive surge in its transactions, driven by the newly introduced DRC-20 token standard.
Ledger is presently at the center of controversy following user reports related to its latest firmware update. It appears that this update includes a contentious subscription-based feature known as “Recover.” The community is concerned as the feature is alleged to provide Ledger access to users’ highly sensitive seed phrases.
Spotify is having none of AI-generated music and is looking to tighten its grip on the industry.
In a recent Reddit AMA (Ask Me Anything), representatives from the US Secret Service’s San Francisco Field Office and the Bay Area’s Regional Enforcement Allied Computer Team (REACT) navigated an array of questions on cryptocurrencies, NFTs, and blockchain technology from the r/cryptocurrency subreddit community.
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.