16 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.

The TON & Alibaba Cloud Alliance for World’s Fastest Blockchain

The TON & Alibaba Cloud Alliance for World’s Fastest Blockchain

They plan establish 256 servers for validator nodes and initiate a dedicated TON blockchain network for performance testing.

11 Oct 2023
Another Day, Another Ellison Tale: Day Two of Testimony Is Here!

Another Day, Another Ellison Tale: Day Two of Testimony Is Here!

Attorney: What did the defendant tell you to do? Ellison: To continue repaying Alameda’s loans. Attorney: How did you? Ellison: Taking money from FTX customer funds.

11 Oct 2023
Brazilian Committee Recommends Charging Binance Execs with Fraud

Brazilian Committee Recommends Charging Binance Execs with Fraud

The Brazilian Congressional Committee has recommended that local law enforcement authorities bring charges against Changpeng Zhao and three other executives of Binance on allegations of fraud and other financial crimes.

11 Oct 2023
Hacken to Ensure Security of Radix Smart Contracts

Hacken to Ensure Security of Radix Smart Contracts

Ukrainian blockchain security firm, Hacken, has entered into a partnership with the smart contract platform Radix to conduct audits on projects developed using their proprietary programming language, Scrypto.

11 Oct 2023
JPMorgan launches new blockchain-based product

JPMorgan launches new blockchain-based product

The commercial bank JPMorgan tested the Tokenized Collateral Network (TCN) system for tokenizing collateral, conducting a real transaction between the financial giants BlackRock and Barclays.

11 Oct 2023
WOO Addresses Concerns

WOO Addresses Concerns

The crypto exchange, WOO, is set to repurchase its shares and tokens from Three Arrows Capital (3AC), a now-bankrupt hedge fund and its major investor.

11 Oct 2023
Arab Accounts on Crypto Exchanges at Risk

Arab Accounts on Crypto Exchanges at Risk

Paxful’s co-founder, Ray Youssef, has sounded the alarm about Israeli authorities exerting pressure on cryptocurrency platforms to freeze accounts linked to Arab nations.

11 Oct 2023
Hut 8 Mining Corp Retains Their Bitcoins

Hut 8 Mining Corp Retains Their Bitcoins

Canadian mining firm Hut 8 reported that it hasn’t sold any of the 111 BTC it minted in September 2023, despite a decline in the previous year’s revenues.

11 Oct 2023
Probe into FTX Legal Advisors Over $200 Million Deceitful Loan

Probe into FTX Legal Advisors Over $200 Million Deceitful Loan

Seeking to explore the suspected engagement of FTX’s legal advisers in approving deceitful loans from Alameda amounting to $200 million, Sam Bankman-Fried’s law team is in the process of obtaining the necessary permissions.

10 Oct 2023
Trader Joe’s Takes Legal Action Against Crypto “Trader Joe”

Trader Joe’s Takes Legal Action Against Crypto “Trader Joe”

American supermarket giant Trader Joe’s alleges that the crypto platform is unfairly benefiting from the well-established supermarket brand and its reputation due to their similar branding.

10 Oct 2023
Mobile ChatGPT Revenue Continues Upward Trend

Mobile ChatGPT Revenue Continues Upward Trend

OpenAI’s revenue for September from mobile ChatGPT subscriptions saw a notable increase of 20% from the previous month, reaching an estimated total of $3.2 million.

10 Oct 2023
Quant has unveiled a new blockchain solution designed for banks

Quant has unveiled a new blockchain solution designed for banks

The corporate blockchain firm has introduced a secure key management solution known as Overledger Authorize, designed specifically for banking blockchain systems.

10 Oct 2023
In the past, Alameda minted half of all USDT

In the past, Alameda minted half of all USDT

The head of business operations at Coinbase reported that a year ago, Alameda Research minted USDT worth $39.55 billion or about 47% of the total stablecoin supply.

10 Oct 2023
A CrypToadz NFT was Recently Sold for $1.6 Million

A CrypToadz NFT was Recently Sold for $1.6 Million

A single user acquired the CrypToadz NFT for 1055 ETH ($1.6 million), despite the fact that the average value of the entire collection is only about $1000, and this particular NFT had previously been sold for 0.95 ETH ($1500).

10 Oct 2023
THORSwap Prepares for Resumption of Operations

THORSwap Prepares for Resumption of Operations

The THORSwap development team has officially announced the final phase of their platform update, which will soon enable the decentralized exchange to resume its operations.

10 Oct 2023
Binance Fails in a $1 Billion Fundraising Attempt

Binance Fails in a $1 Billion Fundraising Attempt

Binance CEO CZ’s endeavor to amass $1 billion in support of crypto startups fell short of its goal.

10 Oct 2023
Craig Wright Teases 2024 Revelation

Craig Wright Teases 2024 Revelation

Craig Wright, who claims to be Satoshi Nakamoto, has dropped another post. “The mystery of who I am will be revealed with lots of evidence in the year 2024.” His enigmatic approach is truly captivating! Does he find joy in crafting backward messages? Learn more about Craig Wright on our website.

10 Oct 2023
Friend.Tech Introduces 2FA to Protect User Accounts

Friend.Tech Introduces 2FA to Protect User Accounts

Friend.Tech users can now enable 2FA to enhance the security of their accounts when facing potential breaches of their mobile carrier or email service.

10 Oct 2023
Israeli Web3 Community Launches “Crypto Aid Israel” Fund

Israeli Web3 Community Launches “Crypto Aid Israel” Fund

The purpose of the crypto fund is to raise funds for Israeli citizens in need of humanitarian assistance.

10 Oct 2023
Bitstamp in Talks with European Banks to Launch Crypto Services

Bitstamp in Talks with European Banks to Launch Crypto Services

Bitstamp, one of the longest-running cryptocurrency exchanges, is in discussions with three major European banks to assist them in providing crypto services, with plans to roll out these services in the first quarter of 2024.

09 Oct 2023
Consultant Safeguards FTX Assets During Hack

Consultant Safeguards FTX Assets During Hack

On November 11, 2022, alarming withdrawals raised concerns among former staff and executives.

09 Oct 2023
Surging Inflows for Crypto Investment Products

Surging Inflows for Crypto Investment Products

Crypto investment products have experienced surging inflows for the second consecutive week, totaling $78 million. It was the highest volume of inflows since July 2023.

09 Oct 2023
Sam Bankman-Fried’s Trial Continues: Key Witness Tomorrow

Sam Bankman-Fried’s Trial Continues: Key Witness Tomorrow

Sam Bankman-Fried’s trial continues tomorrow, with testimony expected from his most important witness, Caroline Ellison.

09 Oct 2023
Ukraine is Gearing up to Regulate Artificial Intelligence

Ukraine is Gearing up to Regulate Artificial Intelligence

The Ministry of Digital Transformation of Ukraine has unveiled a roadmap for regulating artificial intelligence, aiming to accelerate the country’s alignment with the future European AI Act.

09 Oct 2023
Ray Dalio: Cash is Now Relatively Attractive

Ray Dalio: Cash is Now Relatively Attractive

Billionaire investor Ray Dalio believes that his iconic phrase “cash is trash” no longer holds true in the face of profound macroeconomic shifts.

09 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.