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.
Civic, a project for blockchain-based identification, has released a tangible card aimed at validating users’ identities. This card will integrate into the broader Civic ID system, serving as a deterrent against AI-facilitated fraud on various platforms during identity checks.
Qualcomm, Google, Intel, and several other tech giants have established the UXL Foundation coalition to challenge Nvidia’s AI market monopoly, which has propelled the company to a $2.2 trillion valuation.
The European Securities and Markets Authority (ESMA) has published its first final report on the regulatory framework for the crypto market under the Markets in Crypto-Assets Regulation (MiCA). This document presents ESMA’s recommendations regarding the criteria for the proper registration of crypto service providers and the procedure for handling complaints. The report has now been submitted to the European Commission, with ESMA set to assist the government in implementing these recommendations as a consultant.
The Texas-based clothing company Beba and the DeFi Education Fund (DEF) have filed a lawsuit to challenge the SEC’s classification of airdropped BEBA tokens as investment contracts (securities).
The California court has dismissed Elon Musk’s lawsuit against the Center for Countering Digital Hate (CCDH), challenging a report by CCDH that indicated a rise in instances of hate, racism, and antisemitism on the social platform X after its purchase by Musk.
The law enforcement of South Korea is set to confiscate the Belgrade apartment of Terraform Labs’ founder, Do Kwon, situated in Serbia. Estimated at $2.2 million, the apartment is in the capital’s elite district, populated by high-profile individuals like legislators, police officials, and entrepreneurs.
Today, the European Commission has announced the initiation of an investigation into Apple and Alphabet (Google) concerning the alleged illegal preferences extended to their app stores, as reported by the Financial Times.
Tech giants are seizing the opportunity to offload shares of their own companies as the market trends upward. The insider selling-to-buying ratio has reached its highest point since the beginning of 2021.
The Chinese government is set to replace Intel and AMD processors with local innovations and ban the use of Microsoft’s Windows operating system in state enterprises. The prohibition extends to all foreign database management software as well.
Law enforcement repeatedly demanded that Google provide detailed information about viewers of specific YouTube videos. The requests sought addresses, phone numbers, IP addresses, and other private details of users.
Donald Trump’s venture into social media with Truth Social is gearing up for a stock market debut, thanks to a merger deal with Digital World Acquisition getting the green light from investors. The stock could potentially trade under Trump’s initials, DJT.
For those done waiting on an Elon Musk tweet endorsement. Facing such a dilemma, the logical step is to devise and share a grand roadmap, and that’s exactly what FLOKI memecoin accomplished on March 22.
A newly identified flaw within Apple’s most recent chips could allow attackers to steal secret keys during cryptographic operations. This vulnerability stems from a side channel—a built-in aspect of the chip used during such operations.
Kyle Davies, the co-founder of the now-bankrupt crypto fund Three Arrows Capital (3AC), tried convincing LayerZero’s leadership to hand over their entire treasury to the fund just days before declaring bankruptcy. LayerZero Labs CEO Bryan Pellegrino revealed Davies offered enticingly high-interest rates for the deal.
The Chinese government is scrutinizing PricewaterhouseCoopers (PwC), the audit firm implicated in a significant fraud case with the Evergrande Group, involving around $78 billion. Chinese officials have reached out to PwC accountants who audited the construction giant, seeking more insights.
According to the Financial Times, the U.S. Department of Justice has launched an antitrust lawsuit against Apple. The lawsuit accuses the tech giant of leveraging its smartphone market dominance to stifle competition and limit choices for consumers.
Exaion, a subsidiary of France’s state-owned energy corporation EDF Group, has joined the blockchain Chiliz as a validator. This partnership is designed to enhance technological infrastructure through the expertise of a traditional company and to push the cryptocurrency industry towards ecological sustainability.
The Biden administration has officially announced direct government investments into Intel, aimed at bolstering chip manufacturing in the United States. This initiative is set to reinstate America’s dominance in the semiconductor industry and enhance its standing in the field of artificial intelligence, with the investment totaling up to $8.5 billion.
The Riksbank has published a report detailing the fourth phase of testing for the e-Krona. Throughout the pilot phase, which spanned from 2020 to 2023, the bank tested the e-Krona’s fundamental use cases as a retail currency accessible to the general public. This iteration of the e-Krona was developed on the Corda distributed ledger platform by R3, with the central bank serving as a notary node responsible for verifying and finalizing transactions.
Following Fidelity’s lead, Grayscale Investments has introduced the capability to utilize the ETH in its trust for staking, as part of its application to register a spot Ethereum ETF.
Coinbase CEO Brian Armstrong has acknowledged the need for increased investment in the platform’s infrastructure, as some users have encountered issues during significant market fluctuations. For example, at the end of February, they experienced difficulties executing trades as the price of Bitcoin surged drastically.
The legal team of former FTX CEO Sam Bankman-Fried have challenged the prosecution’s call for a maximum 50-year prison term, criticizing it as an outdated punishment method. This position was detailed in an official statement regarding the anticipated sentencing.
Inflection AI’s CEO and co-founder, Mustafa Suleyman, has transitioned to Microsoft to lead the newly formed Microsoft AI division, encompassing products like Copilot, Bing, and Edge. Karen Simonyan, another co-founder, is set to become the Chief Scientist of the team.
HyperGAI, a company specializing in artificial intelligence, has released a new multimodal language model (Multimodal LLM) named HPT, capable of recognizing images and videos. According to the developers, the HPT Pro version outperforms competitor models such as GPT-4 and Gemini Pro in MMBench and SEED-Image performance tests.
With the new Blackwell B200 GPU chip, artificial intelligence will be able to train 2.5 times faster and improve response generation by a factor of five compared to its predecessor, the H100.
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.
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.