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.
Yesterday, December 21st, BlackRock, the investment company, was among those attending a meeting with the U.S. Securities and Exchange Commission (SEC). The discussion centered on the regulations for listing and trading the iShares Bitcoin Trust, a spot Bitcoin ETF.
It’s election time. In 2024, US citizens will be heading off to polling to choose the new leader of the country, which will likely feature a standoff between the former president Donald Trump and the incumbent Joe Biden.
Blockchain-based game Rebase has declared a strategic alliance with the Avalanche. This collaboration will introduce the project’s NFTs to the Avalanche L1 network.
The National Agency on Corruption Prevention of Ukraine (NACP) is set to utilize an automated artificial intelligence system for the scrutiny of all submitted declarations.
South Korean gaming giant Wemade has teamed up with Singaporean private investment firm Whampoa Digital in a collaborative effort to bolster the Web3 sector. The partnership entails the creation of a $100 million fund dedicated to this initiative.
Elon Musk has shared his relatively indifferent stance towards cryptocurrencies, considering money primarily as a database for resource distribution. He opined that fiat currencies are quite capable of serving this purpose effectively, provided that governments don’t abuse the system and fuel inflation.
Solana Mobile recently reported that last week’s demand for the Saga smartphone far surpassed expectations, leading to the shipment of 20,000 devices globally. This overwhelming demand resulted in the total exhaustion of their available stock.
The Ethereum development team is poised to initiate a test network for the forthcoming Dencun upgrade on January 17, 2024. Anticipated to bring a host of innovations, this upgrade is set to lower transaction fees for second-layer Rollups and enhance scalability.
CoinGecko has unveiled a ranking of the 50 largest airdrops by cryptocurrency companies, gauged by the peak historical prices of the tokens distributed. Uniswap leads the pack with its airdrops valuing a staggering $6.43 billion, closely followed by Apecoin with $3.54 billion in distributions.
For undisclosed reasons, Worldcoin has suspended the use of its eye scanner, Orb, for biometric verification in Brazil, India, and France. According to company representatives, this decision was made to comply with regulatory requirements in these countries.
The liquidators of the collapsed cryptocurrency hedge fund, Three Arrows Capital (3AC), have projected that creditors could recover about 45.74% of their funds, based on the current frozen assets. The bulk of this seized investment portfolio, amounting to 82%, is tied up in non-liquid tokens.
Decentralized exchange PancakeSwap has published a discussion proposal to reduce the CAKE maximum token supply from 750 mln to 450 mln.
Phantom Wallet has announced its latest update, introducing support for Bitcoin, Ordinals, and BRC-20 tokens. This new feature is currently available in a beta version, which users can activate through the wallet’s settings.
The British Virgin Islands court has frozen assets worth nearly $1.14 billion belonging to the founders of the collapsed crypto hedge fund, Three Arrows Capital (3AC).
The token of the Stacks project surged over 25% in a day following positive remarks from renowned investor Tim Draper in an interview with CoinBureau.
Coinbase’s L2 blockchain, Base, and the music platform Sound have declared a partnership. Through this collaboration, artists are enabled to mint their music on the Base network.
Ledger, the manufacturer of hardware cryptocurrency wallets, has announced its plan to return stolen crypto assets valued at approximately $600,000. These assets were unlawfully appropriated through an exploit of the Ledger Connect Kit.
The International Organization of Securities Commissions (IOSCO) has released guidelines concerning the regulatory approach to the decentralized finance (DeFi) industry.
In line with its updated policy, the issuer of the USDT stablecoin is intensively freezing cryptocurrency wallets.
Perianne Boring, the founder and CEO of the Chamber of Digital Commerce, declared that Senator Elizabeth Warren’s crypto regulation bill is unlikely to pass. She asserts that, as it currently stands, the bill doesn’t have a fighting chance at the federal level.
The Chinese government, known for its cryptocurrency ban, is showing signs of easing its policy on decentralization. It has announced plans to support the development of the Web3 ecosystem, dApps, and NFTs. This new approach is detailed in a recent strategic planning document released by China’s Ministry of Industry and Information Technology.
Google has announced intentions to limit the responses of its artificial intelligence systems, such as the Bard chatbot, to political queries, especially those concerning the forthcoming U.S. elections.
Web3 gaming platform Immutable has officially introduced the Immutable Passport, a tool that streamlines the login process and automatically creates a crypto wallet for its users. Now, gamers have the convenience of using their Apple ID, Google account, or regular email address for signing in.
Shiba Inu, in partnership with D3, is gearing up to submit an application to the Internet Corporation for Assigned Names and Numbers (ICANN) to establish a new top-level domain, “.shib”. One of the initial features available for users will be the ability to create their own email addresses.
The non-profit foundation DFINITY has rolled out a GDPR-compatible subnet on the Internet Computer (ICP) protocol. This development allows for the creation of decentralized apps and games that are in full compliance with European regulatory standards.
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.