14 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.

2024 Crypto Breaches — A Quarterly Analysis

2024 Crypto Breaches — A Quarterly Analysis

Major security failures rocked the crypto world throughout 2024, with centralized and decentralized platforms falling victim to sophisticated attacks each quarter.

26 Dec 2024
Animoca Brands Co-Founder Yat Siu’s X Account Hacked

Animoca Brands Co-Founder Yat Siu’s X Account Hacked

Hackers continue to actively target X accounts belonging to crypto founders and companies.

26 Dec 2024
South Korea Sanctions North Korean Hackers Over Crypto Theft

South Korea Sanctions North Korean Hackers Over Crypto Theft

In response to rising cybercrimes, South Korea announced sanctions on December 26 targeting 15 individuals and one IT company from North Korea tied to digital asset theft.

26 Dec 2024
Vitalik Buterin’s $293K Gift to Save a Pygmy Hippo

Vitalik Buterin’s $293K Gift to Save a Pygmy Hippo

Ethereum co-founder Vitalik Buterin has made a heartfelt donation of 10 million Thai Baht ($293,000) to help Moo Deng, a baby pygmy hippo, through the Wildlife Sponsorship Program.

26 Dec 2024
PancakeSwap Achieves Record Trading Volume

PancakeSwap Achieves Record Trading Volume

The decentralized exchange (DEX) PancakeSwap has capped 2024 on a high note, reporting record-breaking trading activity.

24 Dec 2024
Did North Korean Hackers Sink DMM Exchange with a $308M Heist?

Did North Korean Hackers Sink DMM Exchange with a $308M Heist?

U.S. and Japanese authorities have identified North Korean hackers as the perpetrators behind the May 2024 breach of the DMM crypto exchange, resulting in a loss of $308 million.

24 Dec 2024
CoinGecko Summed Up 2024’s Most Popular Crypto Narratives

CoinGecko Summed Up 2024’s Most Popular Crypto Narratives

As 2025 approaches, CoinGecko’s new report highlights the top 20 crypto trends of 2024.

24 Dec 2024
Bloomberg: Singapore Becomes the World’s Leading Digital Hub

Bloomberg: Singapore Becomes the World’s Leading Digital Hub

Singapore and Hong Kong have long competed to establish themselves as global hubs for digital assets. Both financial centers have introduced regulatory sandboxes, tokenization initiatives, and legal frameworks to attract crypto companies. Now, one city has emerged as the clear leader.

24 Dec 2024
Strategist Predicts Bitcoin Price May Stall in 2025

Strategist Predicts Bitcoin Price May Stall in 2025

Jason Trennert, the founder, Managing Partner, and Chief Investment Strategist of Strategas, predicts that in 2025, the pace of Bitcoin’s price rise will slow down, though the risk of recession is low.

24 Dec 2024
TikTok Users Join Blockchain Game for Sonic Token Airdrop

TikTok Users Join Blockchain Game for Sonic Token Airdrop

Sonic Labs, built on Solana’s Layer-2 network, has launched an airdrop for TikTok users entering its blockchain game. This move is part of a strategy to tap into Web2’s massive social media audience.

24 Dec 2024
Avalon Labs Raised $10M to Grow Its Bitcoin DeFi Ecosystem

Avalon Labs Raised $10M to Grow Its Bitcoin DeFi Ecosystem

Avalon Labs, a startup focused on growing BTCFi (Bitcoin DeFi), announced that it raised $10 million in a Series A funding round led by crypto VC Framework Ventures. Participants included Kenetic Capital, UTXO Management, SNZ Holding, and others.

24 Dec 2024
Singapore’s Independent Reserve Adds RLUSD to Its Listings

Singapore’s Independent Reserve Adds RLUSD to Its Listings

Independent Reserve, Singapore’s trailblazing crypto exchange and the first to obtain a virtual asset broker license, has announced the listing of RLUSD, Ripple’s USD-pegged stablecoin.

24 Dec 2024
MicroStrategy Expands Its BTC Holdings with $561M Purchase

MicroStrategy Expands Its BTC Holdings with $561M Purchase

On December 23, Bitcoin advocate Michael Saylor announced that MicroStrategy had purchased 5,262 BTC for $561 million, with an average price of ~$106,662 per coin.

23 Dec 2024
Chainlink Adds Memecoins, Activity on the Network Soars

Chainlink Adds Memecoins, Activity on the Network Soars

On December 22, blockchain oracle Chainlink announced support for several memecoins on its data streams, including Simon’s Cat (CAT), Coq Inu (COQ), Goat (GOAT), Hamster Kombat’s HMSTR, and Mog Coin (MOG).

23 Dec 2024
Nokia Moves Into Crypto With Encryption Patent

Nokia Moves Into Crypto With Encryption Patent

As more corporations delve into cryptocurrency integration, Nokia takes a bold step by securing a patent for advanced digital asset encryption.

23 Dec 2024
SunPump’s AI-Driven Token Launch — A New Era for Meme Coins

SunPump’s AI-Driven Token Launch — A New Era for Meme Coins

TRON network expands its horizons with a new SunPump feature unveiled by Justin Sun, enabling the creation of personalized meme tokens using AI technology.

23 Dec 2024
Community Gaming’s Forkast Platform to Launch in January

Community Gaming’s Forkast Platform to Launch in January

The Web3 gaming ecosystem, Community Gaming, has announced the launch of its Forkast prediction market platform on January 7, 2025, alongside the CGX token on the Ronin bridge.

23 Dec 2024
Uniswap’s Unichain Set for Public Release in Early 2025

Uniswap’s Unichain Set for Public Release in Early 2025

Unichain, a Layer-2 Ethereum project built on the OP Stack and backed by Uniswap, is on track for a public release at the start of 2025.

23 Dec 2024
North Korean Hackers — Not So Great at Trading After All?

North Korean Hackers — Not So Great at Trading After All?

Hackers are typically associated with brilliance and technical prowess. But recent events involving HyperLiquid suggest that traders might be turning the tables in the intellectual showdown.

23 Dec 2024
40% Price Surge for Premium Plus on X

40% Price Surge for Premium Plus on X

Premium Plus on X (formerly Twitter) now costs 40% more, the steepest hike since Elon Musk’s acquisition of the platform. Does this signal a shift for crypto enthusiasts on X?

23 Dec 2024
Is a Presidential Pardon for SBF on the Horizon?

Is a Presidential Pardon for SBF on the Horizon?

Talk of a presidential pardon for Sam Bankman-Fried, the ex-FTX CEO, has taken the crypto community by storm. Could it really happen?

23 Dec 2024
Bitcoin’s Largest Drop Since August: What’s Next?

Bitcoin’s Largest Drop Since August: What’s Next?

Andre Dragosch, director and head of research Europe at Bitwise warns that Bitcoin could face further declines in the coming weeks due to U.S. Federal Reserve policies. Despite this, he sees the price drop as a prime opportunity to accumulate BTC, citing its scarcity.

23 Dec 2024
Bo Hines Appointed by Trump to Lead the Crypto Council

Bo Hines Appointed by Trump to Lead the Crypto Council

Donald Trump has appointed former football player and Yale University graduate Bo Hines as the Executive Director of the newly established Presidential Council of Advisers for Digital Assets, also known as the “Cryptocurrency Council.”

23 Dec 2024
Metaplanet Makes Its Largest Bitcoin Purchase Ever

Metaplanet Makes Its Largest Bitcoin Purchase Ever

Japanese investment firm Metaplanet has acquired 619.7 BTC ($60 million) in its largest single Bitcoin purchase to date—four times the size of its previous acquisition of 159.7 BTC.

23 Dec 2024
ETH Drops Over 30%. Did the Trump Family Know When to Buy?

ETH Drops Over 30%. Did the Trump Family Know When to Buy?

Between December 19 and 20, the crypto market plunged once again. Bitcoin fell below the $93,000 mark, while ETH lost 30% over a few days, declining from $4,100 to nearly $3,100. The last time ETH reached this price was a month ago.

20 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.