17 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.

Scroll Unveils Airdrop Distribution Details

Scroll Unveils Airdrop Distribution Details

L2 blockchain Scroll, which leverages zk-rollup technology, has revealed the specifics of its upcoming SCR token airdrop. The airdrop will take place alongside the Token Generation Event (TGE), scheduled for October 22, 2024.

21 Oct 2024
L&G Shakes Up Finance: $1.5 Trillion Giant Considers Tokenization

L&G Shakes Up Finance: $1.5 Trillion Giant Considers Tokenization

L&G, a London-based company managing $1.5 trillion in assets, is exploring the possibility of tokenizing a portion of its holdings. This initiative places the company alongside other major traditional firms that have entered the real-world asset (RWA) sector, including BlackRock, Franklin Templeton, and Abrdn.

21 Oct 2024
Samsung Integrates Blockchain in AI Home Devices

Samsung Integrates Blockchain in AI Home Devices

Samsung Electronics announced integrating blockchain into its smart home devices to improve security.

21 Oct 2024
Stripe Acquired Bridge in the Largest Crypto Deal to Date

Stripe Acquired Bridge in the Largest Crypto Deal to Date

Stripe, a payments services company, acquired the stablecoin platform Bridge for $1.1 billion, according to TechCrunch founder Michael Arrington’s post on X.

21 Oct 2024
Massive Milestone: USDT Market Cap Breaks $120 Billion Barrier

Massive Milestone: USDT Market Cap Breaks $120 Billion Barrier

Tether’s USDT has reached a new record-high market cap of $120 billion. This increase reflects the growing demand for cryptocurrencies, with stablecoins like USDT playing a key role in providing liquidity quickly and efficiently.

21 Oct 2024
Perplexity AI on Track for a $9 Billion Valuation!

Perplexity AI on Track for a $9 Billion Valuation!

Perplexity AI, the developer of an AI-powered search engine, is planning to raise over $500 million in a new funding round, which could push its valuation to $9 billion. While discussions are still in the early stages, the company has already held promising meetings with potential investor

21 Oct 2024
Cyber Attack on EigenLayer’s X Account Results in Huge Loss

Cyber Attack on EigenLayer’s X Account Results in Huge Loss

The EigenLayer team, creators of the largest restaking protocol, has confirmed that their X account was compromised. Hackers began their activity on Friday, October 18, posting suspicious messages related to a fake airdrop.

18 Oct 2024
AI Robots Compromised: The Dangerous Quest for Security

AI Robots Compromised: The Dangerous Quest for Security

In which areas are LLM-controlled robots being applied? The advent of Large Language Models (LLMs), like GPT-4 by OpenAI, has significantly advanced human-robot collaboration. These AI models are deployed in various fields, such as autonomous vehicles, robotic warehouse management, and even security automation.

18 Oct 2024
DBS Bank Unveils Tokenization Solution for Banking Services

DBS Bank Unveils Tokenization Solution for Banking Services

On October 18, 2024, Singapore’s DBS Bank introduced DBS Token Services, a cutting-edge blockchain solution designed to enhance traditional banking services and improve the experience for its institutional clients.

18 Oct 2024
Scroll Faces Backlash Ahead of SCR Airdrop: Is It Justified?

Scroll Faces Backlash Ahead of SCR Airdrop: Is It Justified?

Scroll, a Layer-2 project, is facing backlash ahead of the SCR airdrop. A user on platform X, named Andrew 10 GWEI, published a report suggesting connections between some wallets holding tens or hundreds of thousands of marks and those linked to the developers.

18 Oct 2024
“Golden” Tokens XAUT and PAXG Reach New All-Time Highs

“Golden” Tokens XAUT and PAXG Reach New All-Time Highs

On October 18, Tether Gold (XAUT) and Pax Gold (PAXG), cryptocurrency tokens tied to the price of physical gold, reached historic highs. XAUT hit $2,715.92, according to Coingecko, while Paxos’ gold-backed token peaked at $2,723.

18 Oct 2024
Elon Musk’s DOGE Pump Resurfaces

Elon Musk’s DOGE Pump Resurfaces

Speaking at a town hall in Pennsylvania, Elon Musk once more brought up the Department of Government Efficiency (DOGE), causing the meme coin to pump by over 10%.

18 Oct 2024
Regulators Harness AI to Protect National Treasury

Regulators Harness AI to Protect National Treasury

The U.S. Department of the Treasury has reported notable success in combating fraud, aided by the introduction of innovative technologies like AI-powered machine learning. These tools have significantly boosted the department’s ability to detect and prevent fraudulent schemes.

18 Oct 2024
SEC vs Ripple: The Next Chapter

SEC vs Ripple: The Next Chapter

The U.S. Securities and Exchange Commission (SEC) has filed an appeal in its case against Ripple (XRP), challenging a district court decision made a year ago. Back then, the crypto firm secured a victory as the judge ruled that XRP sales to retail investors did not breach securities laws.

18 Oct 2024
Worldcoin Reborn: Enter World Network

Worldcoin Reborn: Enter World Network

Worldcoin, known for its ambition to build a global system of unique digital identities for every individual, has unveiled a significant rebranding.

18 Oct 2024
EU May Consider Musk’s Entire Business Empire When Fining X

EU May Consider Musk’s Entire Business Empire When Fining X

Lawmakers in the European Union are weighing the option of calculating fines for X by factoring in the revenue streams from Elon Musk’s other enterprises, such as SpaceX and Neuralink. This could lead to a steep rise in potential financial penalties for Musk over breaches in content moderation.

17 Oct 2024
Vitalik Buterin Targets 100,000 TPS in Ethereum’s Evolution

Vitalik Buterin Targets 100,000 TPS in Ethereum’s Evolution

On October 17, Vitalik Buterin published a blog post detailing Ethereum’s 2023 roadmap, titled The Surge, along with his vision for the future of the blockchain. He explains how Ethereum aims to achieve greater scalability while preserving decentralization through a mix of technological advancements.

17 Oct 2024
Pony.ai Takes Its Self-Driving Tech to the U.S. Market with IPO

Pony.ai Takes Its Self-Driving Tech to the U.S. Market with IPO

Pony.ai, an innovative startup developing autonomous driving technology, will officially file for an Initial Public Offering (IPO) in the U.S. this week.

17 Oct 2024
Monthly Active Crypto Addresses Hit a New ATH: a16z Crypto

Monthly Active Crypto Addresses Hit a New ATH: a16z Crypto

“State of Crypto 2024” report by the venture capital a16z Crypto reveals all-time highs in crypto activity, improvements to blockchain networks, and progress in regulatory discussions.

17 Oct 2024
Enhanced Security for Stellar Users with Blockaid

Enhanced Security for Stellar Users with Blockaid

Learn about the technology and the first applications that will adopt this new feature on our site.

17 Oct 2024
Elon Musk’s Optimus Robot Show: Was It All a Lie?

Elon Musk’s Optimus Robot Show: Was It All a Lie?

Tesla’s showcase of its humanoid robots created a lot of excitement in the tech world. Footage of the Optimus robots walking smoothly, completing tasks, and engaging with the crowd spread across the globe.

17 Oct 2024
Byron Donalds: Trump Will Free Crypto from Regulatory Headlock

Byron Donalds: Trump Will Free Crypto from Regulatory Headlock

U.S. presidential candidate Donald Trump aims to make significant changes to the federal regulatory landscape, particularly regarding the cryptocurrency sector.

17 Oct 2024
Asian Private Wealth Bullish on Crypto: New Report

Asian Private Wealth Bullish on Crypto: New Report

According to a new survey by private wealth platform Aspen Digital, 76% of Asian private wealth is currently investing in digital assets. This number is up from 58% in 2022 per the KPMG report at the time.

17 Oct 2024
$50M Gone in Radiant Capital Hack – How Did It Happen Again?

$50M Gone in Radiant Capital Hack – How Did It Happen Again?

Hackers gained access to three private keys that control the Radiant protocol, allowing them to manipulate smart contracts and withdraw user funds.

17 Oct 2024
MoonPay Teams Up with Ripple: XRP Now Available on the Platform

MoonPay Teams Up with Ripple: XRP Now Available on the Platform

In addition to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and the stablecoin Tether (USDT), MoonPay users can now add XRP to their portfolios. This expansion aligns with the growing demand for this cryptocurrency and broadens the platform’s capabilities.

17 Oct 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.