18 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.

New ChatGPT Feature: Perfect Your Code and Text Effortlessly!

New ChatGPT Feature: Perfect Your Code and Text Effortlessly!

OpenAI has introduced ChatGPT Canvas, a powerful new feature aimed at improving the way users work with text and code through artificial intelligence (AI). This innovative tool offers a more interactive experience, allowing users to easily edit, enhance, and refine content.

04 Oct 2024
Nvidia Faces New Legal Blow as U.S. DOJ Backs Investor Lawsuit

Nvidia Faces New Legal Blow as U.S. DOJ Backs Investor Lawsuit

The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have officially backed a group of investors in a class action lawsuit against Nvidia.

04 Oct 2024
Shocking $415 Million Loss: Trader Sues Broker for Risky Advice

Shocking $415 Million Loss: Trader Sues Broker for Risky Advice

Canadian trader Christopher DeVocht has filed a lawsuit against RBC Dominion Securities and its financial advisors, demanding compensation for his $415 million loss (the peak value of his account). DeVocht claims the firm gave him poor investment advice and executed high-risk trades, which ultimately wiped out his entire portfolio.

04 Oct 2024
TeraWulf Sells Nautilus Stake for $92M to Boost AI Capabilities

TeraWulf Sells Nautilus Stake for $92M to Boost AI Capabilities

TeraWulf, a leading player in digital infrastructure, has finalized the sale of its 25% stake in the Nautilus joint venture to Talen Energy Corporation, netting $92 million.

04 Oct 2024
Chainalysis CEO’s Sudden Exit Shocks Industry — What’s Next?

Chainalysis CEO’s Sudden Exit Shocks Industry — What’s Next?

According to The Block, Michael Gronager, co-founder and CEO of Chainalysis, has stepped down, taking a “personal leave” for undisclosed reasons, just a week after his appearance at the Token2049 conference.

04 Oct 2024
Has Satoshi Nakamoto’s Identity Finally Been Revealed?

Has Satoshi Nakamoto’s Identity Finally Been Revealed?

In the upcoming HBO documentary Money Electric: The Bitcoin Mystery, premiering on October 8, acclaimed director Cullen Hoback embarks on a deep investigation to uncover the truth behind the creation of Bitcoin (BTC) and the mysterious identity of Satoshi Nakamoto.

04 Oct 2024
Polymarket Betting Platform’s TVL Reaches $137 Million

Polymarket Betting Platform’s TVL Reaches $137 Million

On October 3, 2024, the total value locked (TVL) on the betting platform Polymarket reached a new all-time high of $137.68 million, according to data from the analytics site DefiLlama.

03 Oct 2024
Sonic Introduces Deflationary Airdrop Initiative

Sonic Introduces Deflationary Airdrop Initiative

Sonic, a Layer 1 blockchain (formerly Fantom), is gearing up to distribute its new S token to loyal users through a unique airdrop. Sonic Labs will release about 200 million tokens, incorporating a deflationary mechanism based on a linear burn model.

03 Oct 2024
Masayoshi Son, SoftBank: AI’s True Reward Will Be Human Happiness

Masayoshi Son, SoftBank: AI’s True Reward Will Be Human Happiness

During the annual SoftBank Group Corp. forum, Masayoshi Son spoke about the potential for personal AI agents in the next 2-3 years. These AI agents will monitor their users’ health, handle routine tasks like shopping and booking services, babysit children, and even manage family investments efficiently.

03 Oct 2024
Visa Set to Introduce Tokenized Asset Platform by 2025

Visa Set to Introduce Tokenized Asset Platform by 2025

Visa, the leading company in the banking payments sector, is working on a solution to tokenize traditional assets on the blockchain. The Visa Tokenized Asset Platform (VTAP), a platform for creating tokens on Ethereum, was announced in a report published on October 3, 2024.

03 Oct 2024
Meme Tokens Are Outpacing Crypto Giants in Popularity

Meme Tokens Are Outpacing Crypto Giants in Popularity

CoinMarketCap’s Q3 report, which analyzed user behavior, revealed that meme tokens have become the most popular crypto category. Over the last three months, their popularity has maintained an average of 20.68%.

03 Oct 2024
Swift to Launch Digital Transaction Testing in 2025

Swift to Launch Digital Transaction Testing in 2025

The global payment system Swift is set to start testing digital asset transactions via its network in 2025. Having experimented with blockchain technology for a while, Swift is now preparing to conduct trials with banks. The initial tests are planned for Europe, North America, and Asia.

03 Oct 2024
Raydium Launched Teleport for EVM to Solana Transfers

Raydium Launched Teleport for EVM to Solana Transfers

Raydium, an Automated Market Maker on the Solana blockchain, has announced a new feature enabling transfers from EVM networks to Solana.

03 Oct 2024
Meet the Top Gainers: Flare (FLR) Soars 16% in 24 Hours

Meet the Top Gainers: Flare (FLR) Soars 16% in 24 Hours

Flare has emerged as a new top gainer in the cryptocurrency market. The native token FLR surged by 16%, nearly tripling the growth of its nearest competitor.

03 Oct 2024
What’s Going on With Bank of America: Is the Outage Fixed?

What’s Going on With Bank of America: Is the Outage Fixed?

Bank of America customers had trouble accessing their accounts on Wednesday. According to CNN, accounts were massively unavailable, and those who could access them saw empty balances.

03 Oct 2024
FTX Estate to Auction 22.3 Million Worldcoin Tokens

FTX Estate to Auction 22.3 Million Worldcoin Tokens

FTX Estate is set to auction 22.3 million Worldcoin (WLD) tokens at a significant discount, currently valued at $35 million. This sale is part of the ongoing efforts to recover funds for creditors of the bankrupt crypto exchange founded by Sam Bankman-Fried.

03 Oct 2024
OpenAI Breaks Records with $6.6 Billion Funding Round

OpenAI Breaks Records with $6.6 Billion Funding Round

The AI industry reaches a new milestone as OpenAI, the creator of ChatGPT, secures a record $6.6 billion in new funding. This significant investment pushes the company’s valuation to $157 billion.

03 Oct 2024
Ripple in Trouble? SEC Appeals Court’s XRP Ruling

Ripple in Trouble? SEC Appeals Court’s XRP Ruling

The U.S. Securities and Exchange Commission (SEC) has escalated its legal battle with Ripple by appealing a court decision that significantly reduced the fine from $2 billion to $125 million.

03 Oct 2024
EigenLayer (EIGEN): Now Listed on Exchanges with Airdrop Benefits

EigenLayer (EIGEN): Now Listed on Exchanges with Airdrop Benefits

The EigenLayer (EIGEN) token was listed on major exchanges as of October 1st. Investors can now access this cryptocurrency, and airdrop recipients are already reaping their rewards.

02 Oct 2024
Google Closes in on Developing AI That Thinks Like a Human

Google Closes in on Developing AI That Thinks Like a Human

Artificial intelligence may soon be capable of executing complex logical processes akin to human reasoning, and Google is leading the charge with this groundbreaking software.

02 Oct 2024
Will Robo-Dog Steal Your Girl? Cooking and Dressing Included!

Will Robo-Dog Steal Your Girl? Cooking and Dressing Included!

MIT engineers have developed Clio, a technology that enables robots to make intuitive decisions based on predefined instructions.

02 Oct 2024
Bitcoin Miners’ Revenues Hit a 12-Month Low

Bitcoin Miners’ Revenues Hit a 12-Month Low

Bitcoin miners earned approximately $815 million in September 2024, with $801.8 million from block rewards and $13.8 million from transaction fees. This marks the lowest revenue figure in the past year, down nearly threefold from the $2.01 billion peak in March 2024.

02 Oct 2024
Paolo Ardoino: Tether’s Strength Rivals Germany’s

Paolo Ardoino: Tether’s Strength Rivals Germany’s

Tether’s USDT stablecoin established itself as a major force in the global financial system. Its uses are now expanding well beyond the crypto world, notes Paolo Ardoino, CEO of Tether.

02 Oct 2024
AFP Deciphers Seed Phrase: $9.3 Million in Crypto Seized

AFP Deciphers Seed Phrase: $9.3 Million in Crypto Seized

The Australian Federal Police (AFP) “deciphered” the seed phrase of a cryptocurrency account as part of Operation Kraken. Authorities seized approximately $9.3 million from Jay Jay Je Yoon Jung, a suspected developer of the encrypted messaging app Ghost.

02 Oct 2024
Hacker Pleads Guilty to $37M Crypto Theft, Faces 20-Year Sentence

Hacker Pleads Guilty to $37M Crypto Theft, Faces 20-Year Sentence

After a year-long legal battle, 21-year-old Evan Frederick Light has pled guilty to stealing over $37 million in cryptocurrency. The final hearing was held on September 30 in South Dakota, with the official report published by the U.S. government on October 1.

02 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.