17 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.

Changpeng Zhao’s Fortune Equals Georgia’s GDP

Changpeng Zhao’s Fortune Equals Georgia’s GDP

CZ’s net worth now stands at $17.3 billion, marking an 82% drop from its peak of $96.9 billion in January 2022. Back then, the Binance CEO was ranked 11th among the world’s richest people.

27 Oct 2023
Sam Bankman-Fried’s Testimony

Sam Bankman-Fried’s Testimony

SBF took the stand as anticipated, but things took an unexpected turn. Judge Kaplan allowed a witness to be questioned without the jury present.

27 Oct 2023
Phishing Scammers Create Fake Blockworks and Etherscan Sites

Phishing Scammers Create Fake Blockworks and Etherscan Sites

The fake Blockworks site presents a fabricated ‘BREAKING’ news report, alleging a multimillion-dollar ‘approvals exploit’ on Uniswap.

27 Oct 2023
Is Solana Trying to Poach Talent from Other Chains?

Is Solana Trying to Poach Talent from Other Chains?

Solana Labs has unveiled an incubator program, aiming to attract startups to leverage its blockchain platform. This initiative is the latest in a series of efforts by Solana to stimulate network growth, complementing other projects like hackathons and an AI accelerator.

26 Oct 2023
Avoiding Legal Challenges: Will SEC Approve Spot Bitcoin ETFs?

Avoiding Legal Challenges: Will SEC Approve Spot Bitcoin ETFs?

In its latest report, American bank JPMorgan has noted that the U.S. Securities and Exchange Commission (SEC) might find itself facing legal challenges from applicants if it decides to deny the approval of spot Bitcoin Exchange Traded Funds (ETF) applications.

26 Oct 2023
Bitmain Unveils Air-Cooled Bitcoin Antminer T21

Bitmain Unveils Air-Cooled Bitcoin Antminer T21

Bitmain, a leading global Bitcoin ASIC producer, has announced its latest air-cooled BTC miner, the Antminer T21.

26 Oct 2023
Is the Fifth Bull Cycle Upon Us?

Is the Fifth Bull Cycle Upon Us?

As per the latest insights from Matrixport, the crypto market has officially entered its bullish phase, starting June 22, 2023, largely due to expectations of institutional adoption.

26 Oct 2023
UK Legislators Approve Crypto Confiscation Framework

UK Legislators Approve Crypto Confiscation Framework

In the United Kingdom, a bill has successfully passed through the legislative chambers, providing law enforcement with the authority to seize and freeze cryptocurrencies associated with criminal activities.

26 Oct 2023
Convert Store Points to USDC: Circle’s New Taiwan Initiative

Convert Store Points to USDC: Circle’s New Taiwan Initiative

Circle, the issuer of the USDC stablecoin, is expanding its footprint in Taiwan through a partnership with crypto exchange BitoGroup and convenience store chain FamilyMart.

26 Oct 2023
JPMorgan Processes $1 Billion Daily via JPMorgan Coin

JPMorgan Processes $1 Billion Daily via JPMorgan Coin

JPMorgan Coin is a stablecoin designed to maintain a 1:1 peg with the U.S. dollar, offering stability and efficiency in transactions.

26 Oct 2023
Firm Offers to Hack Former Ripple CTO’s Wallet

Firm Offers to Hack Former Ripple CTO’s Wallet

Unciphered, a crypto recovery firm, has extended an offer to unlock a cold wallet containing over 7,000 BTC that Stefan Thomas forgot the password to 12 years ago.

26 Oct 2023
U.S. House of Representatives Gets Next Speaker

U.S. House of Representatives Gets Next Speaker

Members of the United States House of Representatives have elected Mike Johnson as their next speaker.

26 Oct 2023
Elliptic Disputes Claims of Hamas Receiving Crypto Donations

Elliptic Disputes Claims of Hamas Receiving Crypto Donations

The blockchain forensic firm has highlighted that a Hamas fundraising campaign raised only $21,000 since the October 7 attack on Israel.

26 Oct 2023
Worldcoin Expands World ID Access in Germany

Worldcoin Expands World ID Access in Germany

Building upon the success of their pilot program, the company have decided to extend verifications through December and will be introducing Orbs in new locations in Germany.

25 Oct 2023
Hacken’s Q3 2023 Security Insights Report

Hacken’s Q3 2023 Security Insights Report

Blockchain security auditor’s latest report is aiming to spot the trends in Q3 crypto hacks and evaluate how affected projects approached security.

25 Oct 2023
Sweet Lies vs. Bitter Truth: The AI Dilemma

Sweet Lies vs. Bitter Truth: The AI Dilemma

A recent study by Anthropic AI reveals that artificial intelligence often leans towards providing responses that people want to hear, rather than presenting the unvarnished truth.

25 Oct 2023
Euroclear Launches RWA Tokenization Service

Euroclear Launches RWA Tokenization Service

Euroclear, one of the world’s largest securities settlement houses, has launched a digital securities issuance service, settling a €100 million digital World Bank bond.

25 Oct 2023
FTX’s Reboot Update

FTX’s Reboot Update

FTX has initiated discussions with three undisclosed bidders regarding their platform’s relaunch. They are considering three options:

25 Oct 2023
BTC to Hit $59,000 Post Spot ETF Launch, Says Galaxy

BTC to Hit $59,000 Post Spot ETF Launch, Says Galaxy

Crypto investment firm Galaxy Digital anticipates a 74.1% surge in BTC’s price in the first year after spot Bitcoin exchange-traded funds (ETFs) are launched in the United States.

25 Oct 2023
dYdX Gears Up for Mainnet Launch

dYdX Gears Up for Mainnet Launch

Decentralized exchange dYdX has officially released its V4 platform code, signifying the completion of its migration to an independent blockchain within the Cosmos ecosystem.

25 Oct 2023
SEC Charges BlackRock, IBTC Back on DTCC

SEC Charges BlackRock, IBTC Back on DTCC

The U.S. Securities and Exchange Commission (SEC) has charged BlackRock with misrepresenting investments in the entertainment industry.

25 Oct 2023
What’s the Latest with the Investment Titans?

What’s the Latest with the Investment Titans?

The value of Bitcoin surged to $35,000, catapulting MicroStrategy’s unrealized gains from its investments to an impressive $857 million in under a day.

24 Oct 2023
Crypto Exchange Appoints Turkish State Officials to Key Roles

Crypto Exchange Appoints Turkish State Officials to Key Roles

The Turkish crypto exchange CoinTR announced today that:

24 Oct 2023
Friend.Tech User Ditches Keys for Bitcoin-Based Social App

Friend.Tech User Ditches Keys for Bitcoin-Based Social App

A high-profile user of Friend.Tech, known as @Vombatus_eth, has sold 176 keys worth $1.5 million, to switch to New Bitcoin City, a Bitcoin-based social app.

24 Oct 2023
Major Banks Complete Stablecoin Transfers on Their Platform

Major Banks Complete Stablecoin Transfers on Their Platform

Deutsche Bank and SC Ventures have successfully executed the first stablecoin swaps within the Universal Digital Payments Network (UDPN). This platform was established to facilitate transactions using stablecoins and Central Bank Digital Currencies (CBDC).

24 Oct 2023

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.