15 Jan 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.

STEPN GO and Adidas Launch a Physical Sneaker Collection

STEPN GO and Adidas Launch a Physical Sneaker Collection

On December 5, 2024, STEPN GO revealed its partnership with adidas to release a limited-edition collection of running sneakers.

05 Dec 2024
Trader Earns 120x Profit on Meme Coin VOID

Trader Earns 120x Profit on Meme Coin VOID

Sotheby’s Vice President Michael Bouhanna’s second meme coin project, VOID, helped one trader rake in an incredible 120x profit, earning over $1 million in just half an hour post-launch.

05 Dec 2024
Cathie Wood Calls Bitcoin a Much Bigger Idea Than Gold

Cathie Wood Calls Bitcoin a Much Bigger Idea Than Gold

ARK Invest founder and CEO Cathie Wood commented on Bitcoin’s surge above $100,000. In a post on X, Wood said she believes Bitcoin is still in its early innings, even after breaking through the $100,000 mark.

05 Dec 2024
HAWK Price Drops 90% Following Manipulation Allegations

HAWK Price Drops 90% Following Manipulation Allegations

On November 4, 2024, HAWK, a meme coin launched by blogger Haliey Welch (known as Hawk Tuah), debuted on the Solana network. Soon after, its price plunged by 90%, sparking controversy over its manipulative nature.

05 Dec 2024
Magic Eden Launches Its ME Token Checker

Magic Eden Launches Its ME Token Checker

Magic Eden, the Solana-based NFT marketplace, has launched an airdrop checker for its ME token.

05 Dec 2024
CFTC Adjustments: A Brighter Path for Crypto Regulation

CFTC Adjustments: A Brighter Path for Crypto Regulation

CFTC enforcement policies targeting certain crypto companies may face a reassessment.

05 Dec 2024
Crypto Community Reacts to Bitcoin’s $100,000

Crypto Community Reacts to Bitcoin’s $100,000

Bitcoin Did It. On Wednesday, Bitcoin hit the long-awaited $100,000 milestone for the first time.

05 Dec 2024
Donald Trump Picks Paul Atkins as SEC Chairman

Donald Trump Picks Paul Atkins as SEC Chairman

Announced on December 4 via Truth Social, Trump’s nomination of Paul Atkins for SEC Chairman triggered an immediate market reaction, propelling BTC up by $3,000 in just hours.

05 Dec 2024
Avery Ching on Blockchain’s Role in AI Training

Avery Ching on Blockchain’s Role in AI Training

Avery Ching, co-founder and CTO of Aptos, shares his vision for blockchain as a perfect use case in AI education, emphasizing its unmatched ability to streamline content access for machine learning.

04 Dec 2024
Forbes’ “Zombie Tokens” Make an Unexpected Comeback

Forbes’ “Zombie Tokens” Make an Unexpected Comeback

The news page Wu Blockchain, managed by Colin Wu, notes on X that most “Zombie Tokens” from Forbes’ March 2024 list have seen significant upward movement.

04 Dec 2024
Grayscale Files for Solana Spot ETF Conversion

Grayscale Files for Solana Spot ETF Conversion

Grayscale Investments aims to enter the Solana-ETF market by filing for SEC approval to convert its Solana Trust into a spot ETF.

04 Dec 2024
Roger Ver, “Bitcoin Jesus,” Battles Tax Evasion Charges

Roger Ver, “Bitcoin Jesus,” Battles Tax Evasion Charges

Crypto tycoon Roger Ver is in the spotlight for alleged tax evasion. While authorities press charges, Ver maintains he followed legal advice. Will “Bitcoin Jesus” walk free or face time behind bars?

04 Dec 2024
PancakeSwap Launches SpringBoard for Token Creation

PancakeSwap Launches SpringBoard for Token Creation

PancakeSwap, a leading decentralized exchange, has rolled out SpringBoard – a platform designed to make token creation and launch accessible to everyone, regardless of coding experience.

04 Dec 2024
Bybit Opens Doors to Chinese Traders

Bybit Opens Doors to Chinese Traders

Cryptocurrency exchange Bybit has confirmed that users from China can trade using Virtual Private Networks (VPNs). However, the platform has no plans to support the yuan.

04 Dec 2024
Australia Tightens the Screws on the Crypto Industry

Australia Tightens the Screws on the Crypto Industry

The Australian Securities and Investments Commission (ASIC) is set to significantly tighten regulations on the cryptocurrency market. Under a newly proposed framework, most companies working with digital assets will be required to obtain a financial services license.

04 Dec 2024
Paul Atkins Declines SEC Chair Role: Who’s Next in Line?

Paul Atkins Declines SEC Chair Role: Who’s Next in Line?

Speculation over the next SEC Chair has reached its peak. With one of the leading candidates stepping aside, the Securities and Exchange Commission is at a crossroads. The pool of potential candidates is limited, prompting debates over whether a surprising figure will emerge as the next leader.

04 Dec 2024
The Celsius Case: Mashinsky Faces Up to 30 Years

The Celsius Case: Mashinsky Faces Up to 30 Years

Former Celsius Network CEO Alex Mashinsky has admitted guilt to several financial crimes. This pivotal moment follows an extended legal battle sparked by the platform’s collapse, which resulted in significant investor losses.

04 Dec 2024
Arthur Hayes Proposes a Return to the ICO Model

Arthur Hayes Proposes a Return to the ICO Model

BitMEX co-founder Arthur Hayes has published a thought-provoking essay, The Cure, in which he critiques the current trajectory of the crypto industry. He highlights how venture capital has steered the sector away from its decentralized origins and proposes a solution: bringing back the ICO model.

03 Dec 2024
Martial Law Crashes South Korea’s Crypto Market

Martial Law Crashes South Korea’s Crypto Market

South Korea’s crypto market experienced a sharp decline as President Yoon Suk Yeol declared martial law.

03 Dec 2024
BAYC and ApeCoin Creators Acquire Tokenproof Tech Team

BAYC and ApeCoin Creators Acquire Tokenproof Tech Team

Yuga Labs, the powerhouse behind Bored Ape Yacht Club and ApeCoin, announced the acquisition of Tokenproof, a Web3 tokenization service, along with its technical team.

03 Dec 2024
Sonic Labs Prepares Public Launch of L1 Blockchain

Sonic Labs Prepares Public Launch of L1 Blockchain

Sonic Labs has shared news of their upcoming public L1 network launch, following a key blockchain snapshot.

03 Dec 2024
Brian Armstrong Speaks Out Against Hiring Former SEC Employees

Brian Armstrong Speaks Out Against Hiring Former SEC Employees

Coinbase’s Brian Armstrong has publicly opposed the employment of former SEC officials by legal firms, particularly those involved in targeting the cryptocurrency industry.

03 Dec 2024
RTFKT, the Iconic NFT Sneaker Platform, Calls It Quits

RTFKT, the Iconic NFT Sneaker Platform, Calls It Quits

The RTFKT NFT sneaker project will conclude its journey in January 2025, with one last collection to mark the occasion.

03 Dec 2024
Tough Times Ahead for Altseason, Warns CryptoQuant CEO

Tough Times Ahead for Altseason, Warns CryptoQuant CEO

Ki Young Ju, CEO of CryptoQuant, has cautioned that the next altseason may bring unexpected challenges and complexities, catching the market off guard.

03 Dec 2024
SunPump Adds Live Streaming Feature

SunPump Adds Live Streaming Feature

SunPump, the Tron-based meme token launch platform, added a live streaming feature in partnership with DLive. Users can now link DLive streams directly to tokens on SunPump.

02 Dec 2024

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.