23 May 2025

Breaking News

Stay ahead of the curve with The Coinomist’s breaking news coverage. From major market shifts to regulatory updates and industry-defining announcements, we deliver the critical information you need, fast and accurate. Be the first to know about the stories shaping the world of cryptocurrency, business, investing, and Web3.
CFTC May Approve First U.S. Crypto Perp Futures in the Coming Weeks

CFTC May Approve First U.S. Crypto Perp Futures in the Coming Weeks

A breakthrough for the U.S. derivatives market may be imminent, as regulators move closer to approving perpetual crypto contracts.

Anton Kryshtal
Cetus DEX on Sui Network Exploited — Over $260M Lost, CETUS Token Drops 50%

Cetus DEX on Sui Network Exploited — Over $260M Lost, CETUS Token Drops 50%

$260 million exploit hits Cetus DEX on Sui. CETUS down 50%, multiple tokens crash by 90%.

Dmytro Psevdonimenko
Drugged and Robbed: Tourist Loses $123K in Crypto After London Fake Uber Ride

Drugged and Robbed: Tourist Loses $123K in Crypto After London Fake Uber Ride

A U.S. tourist was lured into a fake Uber, drugged, and had $123,000 in crypto drained from his wallets. He’s now turning to the FBI for help recovering the funds.

Anton Kryshtal
DigiAsia Introduces Bitcoin Reserve as Part of Treasury Diversification Plan

DigiAsia Introduces Bitcoin Reserve as Part of Treasury Diversification Plan

Looking to beat inflation and avoid market volatility, DigiAsia will funnel up to 50% of net income into BTC reserve.

Anton Kryshtal
Strategy Buys Another $764.9M in Bitcoin—Now Holds Over $59B in BTC

Strategy Buys Another $764.9M in Bitcoin—Now Holds Over $59B in BTC

With a fresh purchase of 7,390 BTC, Strategy has expanded its Bitcoin reserve to 576,230 coins (worth ~$59.2B), further doubling down on the digital gold thesis.

Anton Kryshtal
Saudi Central Bank Invests in Bitcoin via Strategy Shares

Saudi Central Bank Invests in Bitcoin via Strategy Shares

The Saudi Arabian Monetary Authority (SAMA) has taken a position in Strategy (formerly MicroStrategy), securing indirect exposure to Bitcoin.

Anton Kryshtal
BTCS Unveils $57.8M Capital Raise to Accelerate Ethereum Validator Expansion

BTCS Unveils $57.8M Capital Raise to Accelerate Ethereum Validator Expansion

With 6%-yield convertible notes, BTCS looks to pour up to $57.8 million into ETH and strengthen its validator presence across the network.

Anton Kryshtal
Tether Acquires 4,812 BTC for Twenty One Capital Ahead of Public Listing

Tether Acquires 4,812 BTC for Twenty One Capital Ahead of Public Listing

Tether has acquired 4,812 BTC for Twenty One Capital, a company preparing to go public via SPAC. The transaction will be finalized once the merger closes.

Anton Kryshtal
Coinbase Enters the S&P 500—A Landmark Moment for Crypto

Coinbase Enters the S&P 500—A Landmark Moment for Crypto

On May 19, Coinbase will officially become part of the S&P 500, S&P Dow Jones Indices announced. Analysts say this marks a turning point in crypto’s journey into the financial mainstream.

Anton Kryshtal
Strategy Ramps Up Bitcoin Holdings with $1.34B Purchase

Strategy Ramps Up Bitcoin Holdings with $1.34B Purchase

Strategy has acquired 13,390 more BTC, worth approximately $1.34 billion, as part of its long-term digital asset strategy focused on building a Bitcoin-centric treasury.

Anton Kryshtal
$2.15M Drained from Mobius in Smart Contract Hack, Washed via Tornado Cash

$2.15M Drained from Mobius in Smart Contract Hack, Washed via Tornado Cash

An attacker exploited a critical flaw in Mobius Token smart contracts, making off with $2.15 million in tokens and laundering the proceeds through Tornado Cash.

Anton Kryshtal
Ripple Settles with SEC for $50M—Yet the Verdict Doesn’t Satisfy All

Ripple Settles with SEC for $50M—Yet the Verdict Doesn’t Satisfy All

Ripple’s long-running clash with the SEC may be nearing resolution. A $50 million settlement is on the table—but it still needs Judge Torres’s approval, and some argue the deal lets key questions go unanswered.

Dmytro Psevdonimenko
Fed Holds Rates Steady Citing Tariff Risks

Fed Holds Rates Steady Citing Tariff Risks

The Fed held its interest rate at 4.25%–4.5%, with Chair Jerome Powell warning that elevated tariffs could slow economic growth and fuel inflation.

Dmytro Psevdonimenko
New Hampshire Authorizes Bitcoin Reserve to Safeguard State Funds

New Hampshire Authorizes Bitcoin Reserve to Safeguard State Funds

In a bid to counter inflation, New Hampshire will allow its treasury to invest part of the state’s reserves in Bitcoin and precious metals—setting a precedent in government asset diversification.

Anton Kryshtal
SEC Requests Further Comments Before Approving Litecoin ETF

SEC Requests Further Comments Before Approving Litecoin ETF

The SEC is pressing pause on the approval process for a Litecoin ETF, seeking more comments on manipulation risks and safeguards for retail investors.

Anton Kryshtal
Strategy Buys 1,895 Bitcoin Worth $180.3M in Latest Saylor-Led Move

Strategy Buys 1,895 Bitcoin Worth $180.3M in Latest Saylor-Led Move

Michael Saylor continues his aggressive Bitcoin strategy, purchasing another 1,895 BTC for $180.3 million—bringing the company’s total to 555,450 coins.

Anton Kryshtal
Tether Hits $1B in Quarterly Profits as USDT Capitalization Climbs $7B

Tether Hits $1B in Quarterly Profits as USDT Capitalization Climbs $7B

Even with declining excess reserves, Tether’s quarterly earnings surged past $1 billion. USDT’s market cap expanded by another $7 billion.

Anton Kryshtal
Florida May Adopt Gold as a Payment Method Under New Bill HB 999

Florida May Adopt Gold as a Payment Method Under New Bill HB 999

The HB 999 proposal seeks to remove taxes on gold and silver coin transactions and allow Floridians to use them for everyday payments — positioning precious metals as a hedge for savings.

Anton Kryshtal
Arizona’s House of Representatives Passes Bills to Establish State Crypto Reserve

Arizona’s House of Representatives Passes Bills to Establish State Crypto Reserve

The House of Representatives in Arizona has voted to support crypto investments using public funds and to establish a digital asset reserve, sending the bills to the governor’s desk.

Anton Kryshtal
Strategy Expands Bitcoin Reserve with $1.42 Billion Purchase

Strategy Expands Bitcoin Reserve with $1.42 Billion Purchase

Strategy has strengthened its Bitcoin holdings, purchasing 15,355 BTC for a cumulative $1.42 billion amid growing institutional interest.

Anton Kryshtal
Federal Reserve Scales Back Pre-Approval Crypto Requirements for Banks

Federal Reserve Scales Back Pre-Approval Crypto Requirements for Banks

U.S. banks will no longer need to alert the Fed in advance before launching crypto initiatives. Supervision hasn’t disappeared—but the updated policy introduces more flexibility.

Anton Kryshtal
Revolut’s Crypto Business Sees 4x Revenue Spike, Boosting Annual Profit

Revolut’s Crypto Business Sees 4x Revenue Spike, Boosting Annual Profit

Revolut has doubled its net income over the past year, thanks in large part to growth in digital assets and a wave of new customer sign-ups.

Anton Kryshtal
WhiteBIT Announces First Participants for International Crypto Trading Cup 2025

WhiteBIT Announces First Participants for International Crypto Trading Cup 2025

Cryptocurrency exchange WhiteBIT has revealed the top crypto traders from Europe, Asia, and the Middle East who will compete in the flagship ICTC 2025 trading tournament.

The Coinomist
WazirX Inches Toward a Comeback—But the Court Holds the Key

WazirX Inches Toward a Comeback—But the Court Holds the Key

WazirX is preparing to compensate affected users and restart operations, if its restructuring proposal receives court approval.

Anton Kryshtal
Ripple and SEC Enter 60-Day Legal Hiatus to Explore Settlement Options

Ripple and SEC Enter 60-Day Legal Hiatus to Explore Settlement Options

The prolonged legal dispute between Ripple and the SEC takes a breather, as both parties agree to a 60-day pause to negotiate a potential settlement.

Anton Kryshtal
Lyn Alden vs the System: A New Philosophy of Money

Lyn Alden vs the System: A New Philosophy of Money

She avoids hype, doesn’t promise miracles, and refuses to trade on fear—yet Wall Street reads her. Who is Lyn Alden, and why are her ideas challenging the foundations of modern finance?

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.