13 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.

BlackRock’s Bitcoin ETF Records $332 Million Outflow

BlackRock’s Bitcoin ETF Records $332 Million Outflow

On January 2, 2024, BlackRock’s iShares Bitcoin Trust (IBIT) recorded a staggering $332.6 million outflow, the largest since its launch. According to SoSoValue, this event represents the most significant single-day outflow ever for a Bitcoin ETF.

03 Jan 2025
When NFTs Turn Deadly: The Tragic Case of Fraud and Loss

When NFTs Turn Deadly: The Tragic Case of Fraud and Loss

The NFT market remains plagued by fraudulent schemes, often with devastating outcomes. The recent case of Berman Jerry Nowlin’s death illustrates how these schemes can shatter trust and lead to tragic consequences.

03 Jan 2025
Anon World: A New Anonymous Social Platform on Farcaster

Anon World: A New Anonymous Social Platform on Farcaster

Blockchain developer Kartik Patel has launched Anon World, an innovative social platform built on the Farcaster protocol. Featuring a Reddit-style interface, community-driven discussions, and complete user anonymity, the platform aims to redefine the landscape of online social interactions.

03 Jan 2025
Can Bitcoin’s Hashrate Hit 1,000 EH/s Before the Next Halving?

Can Bitcoin’s Hashrate Hit 1,000 EH/s Before the Next Halving?

The Bitcoin network’s average hashrate could surpass 1,000 EH/s in the coming years, possibly even before the next halving. Over the past year, the hashrate has grown by 56%, currently sitting at 850 EH/s.

03 Jan 2025
Bitcoin to Hit $350,000? Robert Kiyosaki Thinks So

Bitcoin to Hit $350,000? Robert Kiyosaki Thinks So

The man behind Rich Dad Poor Dad is making headlines again, predicting Bitcoin’s rise to a staggering $350,000. Love him or doubt him, Kiyosaki’s forecast is hard to ignore this time.

03 Jan 2025
Haseeb Qureshi on 2025 — The Future of Blockchains and Innovation

Haseeb Qureshi on 2025 — The Future of Blockchains and Innovation

As crypto evolves, Haseeb Qureshi of Dragonfly outlines what lies ahead in the next year. With Layer 1 and Layer 2 distinctions fading and specialized blockchain solutions emerging, his predictions capture the pulse of the industry.

03 Jan 2025
Fred Thiel Shares His Bitcoin Investment Insights

Fred Thiel Shares His Bitcoin Investment Insights

Fred Thiel, CEO of MARA Holdings, advised retail investors to buy Bitcoin with a long-term outlook, pointing out its historic 50% growth rate over several years.

03 Jan 2025
Crypto Scam Victim Says Banks Turned a Blind Eye to Fraud

Crypto Scam Victim Says Banks Turned a Blind Eye to Fraud

A California resident, Ken Liem, has filed a lawsuit against three Asia-based banks, accusing them of negligence that enabled scammers to steal nearly $1 million in a cryptocurrency fraud.

03 Jan 2025
Do Kwon Pleads Not Guilty in $40 Billion Terra Collapse Case

Do Kwon Pleads Not Guilty in $40 Billion Terra Collapse Case

Terraform Labs co-founder Do Kwon, the figure behind the Terra blockchain and its collapsed cryptocurrency ecosystem, pleaded not guilty to criminal fraud charges during his first U.S. court appearance on January 2.

03 Jan 2025
Tether and Bitfinex Welcome a New Legal Chief

Tether and Bitfinex Welcome a New Legal Chief

With Stuart Hoegner stepping down, Michael Hilliard is set to lead Tether and Bitfinex’s legal operations as the new Chief Legal Officer. Hilliard brings years of expertise and collaboration to the table.

03 Jan 2025
SOON Goes Live on Mainnet Today

SOON Goes Live on Mainnet Today

Big news from SOON! The project is launching its Alpha Mainnet on January 3. With backing from heavyweights like Anatoly Yakovenko and Lily Liu from Solana, SOON is using Decoupled SVM to solve scalability issues and cut transaction costs.

03 Jan 2025
Crypto Industry Attracts $9.33 Billion in 2024 Investments

Crypto Industry Attracts $9.33 Billion in 2024 Investments

The $9.33 billion in venture funding for 2024 slightly surpassed the $9.28 billion from 2023. December shone bright, drawing $740 million in investments, making it a standout month.

02 Jan 2025
KuCoin Launches KuCoin Pay — Redefining Retail Payments

KuCoin Launches KuCoin Pay — Redefining Retail Payments

The KuCoin platform has introduced KuCoin Pay, an advanced payment solution that seamlessly integrates cryptocurrencies into the retail experience. By offering smooth, borderless, and contactless transactions, KuCoin Pay is setting the stage for a new era of digital commerce.

02 Jan 2025
Pump.fun Pushes Over $300M Through Kraken

Pump.fun Pushes Over $300M Through Kraken

Solana’s memecoin platform Pump.fun recently transferred 120,000 SOL to Kraken, a centralized crypto exchange, valued at $24.9 million at current market rates.

02 Jan 2025
Crypto Exploit Losses Down to $24.7M — PeckShield

Crypto Exploit Losses Down to $24.7M — PeckShield

In December 2024, the crypto industry faced over 25 significant breaches, leading to losses totaling $24.7 million. According to PeckShield, this is a 71% drop compared to November 2024.

02 Jan 2025
SyncSwap Announces the Launch of Its V3 with a New Pool Model

SyncSwap Announces the Launch of Its V3 with a New Pool Model

Decentralized exchange SyncSwap kicked off 2025 by announcing the launch of SyncSwap V3. The platform’s latest version introduces the Range Pool model for improved capital efficiency, better risk management, and custom price ranges.

02 Jan 2025
Uniswap Announces v4 Platform Update

Uniswap Announces v4 Platform Update

Uniswap Labs has dropped hints about the upcoming Uniswap v4. Expect game-changing features like customizable Hooks for swaps, limit orders, user-driven oracles, and automated liquidity management.

02 Jan 2025
IRS Defers Crypto Tax Rules Until 2026

IRS Defers Crypto Tax Rules Until 2026

On the last day of 2024, the IRS revealed a decision to delay its new cryptocurrency tax reporting regulations by a year. Originally planned for January 1, 2025, the rollout will now begin on January 1, 2026.

02 Jan 2025
$100M in USDT Frozen on Tron Blockchain

$100M in USDT Frozen on Tron Blockchain

Established by Tron, TRM Labs, and Tether, T3 FCU has halted more than $100M in USDT stablecoins within a few months of operation.

02 Jan 2025
Polymarket Losing Relevance in 2025? The Numbers Tell All

Polymarket Losing Relevance in 2025? The Numbers Tell All

Blockchain-based prediction market Polymarket surged in 2024, with trading volumes reaching new highs during the U.S. presidential elections as users actively bet on related outcomes.

02 Jan 2025
Crypto Scams and Hacks Hit Record Lows: CertiK Report

Crypto Scams and Hacks Hit Record Lows: CertiK Report

December 2024 showcased significant strides in the cryptocurrency industry’s fight against fraud and cybercrime. According to blockchain security firm CertiK, losses from scams, hacks, and exploits fell to their lowest level of the year, amounting to $28.6 million.

02 Jan 2025
Spot Ethereum ETFs Record All-Time High Inflows in December

Spot Ethereum ETFs Record All-Time High Inflows in December

December 2024 set a new benchmark for net monthly inflows into U.S. spot Ethereum ETFs. According to SoSoValue, nine ETH ETFs attracted over $2.08 billion, nearly doubling November’s total of just over $1 billion.

02 Jan 2025
Spanish Banking Giant BBVA Launches Crypto Services

Spanish Banking Giant BBVA Launches Crypto Services

European bank clients are set to gain the ability to buy and sell cryptocurrencies directly from their accounts, thanks to new MiCA regulations that will be effective in 2025. BBVA has become one of the first major banks to take this step.

02 Jan 2025
Floki DAO Greenlights Token Allocation for ETP Launch

Floki DAO Greenlights Token Allocation for ETP Launch

Floki, a dog-themed meme coin, is preparing to launch its Exchange-Traded Product (ETP) in early Q1 2025.

02 Jan 2025
Elon Musk’s Profile Update Sparks Surge in $KM Token

Elon Musk’s Profile Update Sparks Surge in $KM Token

Elon Musk, known for his unexpected social media moves, changed his X profile name to “Kekius Maximus” on December 31 and updated his profile picture to Pepe the Frog, a widely recognized meme character.

31 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.