05 Apr 2025
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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.

Zuckerberg and Lex Fridman Dive into the Metaverse!

Zuckerberg and Lex Fridman Dive into the Metaverse!

In an episode of the Lex Fridman podcast on September 28th, Mark Zuckerberg and the renowned computer scientist engaged in a one-hour conversation in the metaverse. The entire exchange took place using photorealistic avatars, made possible by Meta’s Quest 3 headsets and noise-canceling headphones. “9 minutes into Lex/Mark metaverse podcast, I forgot I was watching avatars,” fans say. Fridman himself shared his impressions of the challenge of distinguishing Zuckerberg’s avatar from his actual physical presence.

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Ethereum Launches Holesky Testnet”

Ethereum Launches Holesky Testnet”

Ethereum has just launched the Holesky test network, albeit on the second attempt. During a live broadcast on the EthStaker YouTube channel, one of the developers announced, ‘It seems the launch has gone smoothly.’ Meanwhile, another developer smiled and noted, ‘It looks like we won’t have to do this a third time.'”

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Did you know that Gary Hensler has a twin brother named Robert?

Did you know that Gary Hensler has a twin brother named Robert?

Since 1993, he held the position of portfolio manager at the investment firm T. Rowe Price, and he also served as its vice president. Most of the mentions of him date back to the early 2000s, making it challenging to unearth any fresh and intriguing information about Robert.

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Meta Rolls Out Its New AI Chatbot

Meta Rolls Out Its New AI Chatbot

Under the leadership of Mark Zuckerberg, Meta is charting a new course with its AI-driven chatbot, Meta AI. This innovaton is set to be a fixture in all apps and devices the company releases. With the Llama 2 language model as its base, this chatbot can produce both text and images, providing users with multiple use cases. Celebrity-inspired chatbots for entertainment, with Snoop Dogg among the first, are also in the pipeline.

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Initial Ether Futures ETF Approval Expected in October

Initial Ether Futures ETF Approval Expected in October

Eric Balchunas from Bloomberg, a seasoned ETF Analyst, estimates a 90% chance of the first Ether Futures ETF receiving approval come early October. According to him, Valkyrie Funds is set to lead with its application, with a series of affirmative decisions expected to follow. “The spot ETF remains in limbo,” Balchunas points out.

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The CIA is developing its own artificial intelligence

The CIA is developing its own artificial intelligence

The Central Intelligence Agency of the United States is gearing up to release a ChatGPT-style application aimed at assisting analysts in swiftly and efficiently processing data from open sources. “We’ve gone from newspapers and radio, to newspapers and television, to newspapers and cable television, to basic internet, to big data, and it just keeps going,” remarked Randy Nixon, the head of the CIA’s intelligence division. This initiative is part of a broader government strategy to harness artificial intelligence for the purpose of effectively countering China in the realm of AI-related matters. Furthermore, the CIA has declined to comment on the specific model it intends to employ in its application.

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Binance Exits Russia

Binance Exits Russia

Binance has agreed to sell its entire russian assets to CommEX, marking a full exit from the country. The transition will take up to a year, ensuring a smooth migration for existing russian users. Notably, CommEX is a newly launched exchange, just one day into its official journey. Alex Bornyakov, the Deputy Minister of Digital Transformation of Ukraine, reflects on Binance’s exit from the russian market: “There’s no longer room for any business to stay “neutral”. Blockchain technology is neutral but people leading crypto businesses should not be.” Check out our exclusive interview with Alex Bornyakov, where we delve into Ukrainian blockchain projects and digital education on the Diia.Digital platform.

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Walmart to Sell Pudgy Penguins NFT Toys

Walmart to Sell Pudgy Penguins NFT Toys

Walmart is set to retail toys based on the NFT collection, Pudgy Penguins, in its 2,000 U.S. stores. Each toy grants access to Pudgy World, a digital platform on zkSync Era, where users can create characters, play games, and socialize. The range includes 26 toys like Plush Buddies and Igloo Collectibles, priced between $2.99-$11.97. Exclusive to Walmart are Ice Chrome and Gold Chrome figures and a Blind Box with a surprise Clip-On Plush. Each toy comes with a unique birth certificate allowing users to claim traits for their digital characters in Pudgy World by scanning a QR code. Current NFT holders will receive licensing royalties for each corresponding toy sold at Walmart.

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Cryptocurrency Transactions Face Block by Chase UK

Cryptocurrency Transactions Face Block by Chase UK

Citing potential fraud risks, British banking titan Chase has chosen to halt cryptocurrency-related payments from October 16th. “If we think you’re making a payment related to crypto assets, we’ll decline it,” was the message relayed to clients via email. The bank also emphasized that those intent on investing in cryptocurrencies have the liberty to switch to other banks or providers.

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MoneyGram Debuts Wallet for Crypto

MoneyGram Debuts Wallet for Crypto

Bridging the gap between fiat and the stablecoin USDC, MoneyGram has unveiled its non-custodial crypto wallet. The payment solution ensures compliance with all KYC norms and maintains adherence to sanction regulations. “We’re turning MoneyGram into a global ATM concept using blockchain,” shared CEO Alex Holmes.

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Can Wall Street Memes (WSM) Match PEPE’s Stellar Performance?

Can Wall Street Memes (WSM) Match PEPE’s Stellar Performance?

The Wall Street Memes (WSM) meme token is slated for listing on OKX Exchange, happening today at 10:00 GMT. A similar event with PEPE saw the token’s price soar with a 15x increase. But what exactly is Wall Street Memes? Originating from Reddit a few years back, this meme community has grown to nearly 800,000 members across different social media platforms, humorously dissecting crypto and financial news. Before rolling out the WSM token in May, they were renowned for their Wall Street Bulls NFT collection. Their token’s presale has drawn to a close, amassing approximately $25 million with the token’s cost fixed at $0.0337.

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Mixin’s Compensation Strategy Unveiled:

Mixin’s Compensation Strategy Unveiled:

“We will compensate users for up to 50% of the stolen assets. Additionally, ‘tokenized claims’ will be issued, with an intent for Mixin to buy them back from future profits.” Moreover, the BTC.TOP mining pool’s CEO is adamant that the bitcoins held within Mixin’s protocol shouldn’t have gone missing. He emphasized that Mixin’s standard practice was to keep their bitcoins in cold storage, making them impervious to the cloud server breach that compromised their hot wallets.

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Hot Wallet Breach at HTX (Huobi): $7.9 Million Gone

Hot Wallet Breach at HTX (Huobi): $7.9 Million Gone

Yesterday, the Cyvers team raised alarms over a questionable HTX transaction. Their concerns grew when there was no communication in return. Fast forward to today, the damage is clear: 5,000 ETH, or $7.9 million, is gone, snatched by a hacker. The HTX team has proposed a 5% reward for the return of the funds. Should the hacker decline, they plan to engage law enforcement. “Compared to the $3 billion in assets held by Huobi HTX users, $8 million is a small number. This is only equivalent to two weeks of revenue from the HTX platform,” Justin Sun stated in X. The underlying issue behind the breach has been eliminated, he adds, and the exchange will reimburse the lost amount.

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Ukrainian Law Enforcement Undergoes Crypto Training

Ukrainian Law Enforcement Undergoes Crypto Training

Ukraine’s law enforcement officers are leveling up with cryptocurrency training, thanks to a collaboration between tax authorities from the US, UK, and Netherlands. This initiative aims to boost their skills in handling decentralized assets, detecting illicit transactions, and curbing tax and sanctions evasion. “Knowledge sharing is one of the priorities within these international partnerships and can contribute to greater know-how to counter cybercrime,” said the director general of the Dutch Fiscal Information and Investigation Service.

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Justin Sun Receives Extended Time for Defense

Justin Sun Receives Extended Time for Defense

The court has granted Justin Sun additional time to respond to the SEC allegations, pushing the deadline to December 8. The SEC accuses Sun, along with Tron Foundation, Bittorrent Foundation, and Rainberry, of offering TRX and BTT tokens as unregistered securities, infringing upon U.S. legislation. Additionally, the SEC is leveling charges against Sun for manipulating the market value of TRX.

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Are Gaming Skins Dominating the NFT Collection Scene?

Are Gaming Skins Dominating the NFT Collection Scene?

DMarket, hailing from Ukraine and specializing in game skin trades, has carved a niche for itself in the NFT world. According to CryptoSlam!, marketplace raced past a trading volume of $1 million, leaving behind popular NFT collections such as Sorare, Bored Ape Yacht Club, and CryptoPunks. Additionally, CSGO skins have chalked up a hefty $216 million in secondary sales.

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Data Leak Alert for OpenSea Users!

Data Leak Alert for OpenSea Users!

Reports are surfacing that OpenSea, the NFT marketplace, has potentially suffered a data breach. Due to a vendor’s security lapse, OpenSea’s API keys may have been compromised, and users have been alerted via email. The best course of action? Replace those keys. Yet, there’s been a noticeable absence of official comments from OpenSea on platform X.

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Uniswap Introduces Swap Protection Feature

Uniswap Introduces Swap Protection Feature

Uniswap has rolled out “Swap Protection” to shield Ethereum mainnet transactions from sandwich attacks and front-running. When users enable this feature in the Uniswap Wallet, swaps are directed to a private transaction pool, enhancing security against potential threats. Due to this added layer, some swaps might have higher auto slippage to boost the likelihood of successful transactions.

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Nansen’s Vendor Compromise Leads to User Data Exposure

Nansen’s Vendor Compromise Leads to User Data Exposure

Crypto analytics platform Nansen revealed a security breach stemming from a compromised third-party vendor. This breach led to the exposure of emails, password hashes, and some blockchain addresses for 6.8% of its users. The attacker gained admin access to an account used for customer platform access. Nansen has reached out to affected users, urging password changes and caution against phishing attacks.

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Binance and CZ Challenge SEC Legal Action

Binance and CZ Challenge SEC Legal Action

Binance Holdings and Changpeng Zhao have filed a motion to dismiss the lawsuit lodged against them by the SEC. Company representatives assert that the financial watchdog is overstepping its bounds in the ongoing legal battle.

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Singaporean Authorities Investigate Vast Money Laundering Scheme

Singaporean Authorities Investigate Vast Money Laundering Scheme

Singapore witnessed one of its largest crackdowns on money laundering last month. 400 police officers coordinated raids throughout the city-state, detaining 10 foreigners. These individuals allegedly were “laundering the proceeds of their overseas organised crime activities, including scams and online gambling”. The seizures were significant, totaling $1.76 billion, with cryptocurrencies accounting for nearly $30 million. The operation also led to the confiscation of 68 gold ingots, 110 real estate holdings, and 62 cars. Sketches released provide a look at those under suspicion.

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OpenAI Faces Lawsuit Over ChatGPT’s Use of Copyrighted Works

OpenAI Faces Lawsuit Over ChatGPT’s Use of Copyrighted Works

The Authors Guild, backed by renowned writers like George R.R. Martin and Jodi Picoult, has filed a lawsuit against OpenAI. The suit alleges that OpenAI’s ChatGPT, by using copyrighted works, commits “flagrant and harmful” copyright infringement. The technology is accused of feeding copyrighted manuscripts into its algorithms, generating human-like text responses. The Authors Guild argues that this not only diminishes writers’ earning potential but also creates AI-generated copycat works.

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6:00 PM (UTC): U.S. Fed to Clarify Its Stand on Interest Rate

6:00 PM (UTC): U.S. Fed to Clarify Its Stand on Interest Rate

The likelihood is high, at 99%, that the interest rate will stay the same. This is because the Federal Reserve is still gauging the effect of the current rate on the economy. Following the decision, there will be a press conference by Jerome Powell 30 minutes later. Given the potential for market shifts from his remarks, traders are advised to hold off on transactions.

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Stanford University to Return FTX’s Donations

Stanford University to Return FTX’s Donations

A spokesperson for the university stated that they have been in talks with FTX debtor attorneys to facilitate the full return of the donated funds. It’s worth noting that Sam Bankman-Fried’s parents have a longstanding association with Stanford Law School, serving as legal scholars and professors there. The donations in question, totaling approximately $5.5 million, were made by FTX-related entities between November 2021 and May 2022 for pandemic-related prevention and research.

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Arrest of Worldcoin’s Top Managers in Kenya Blocked by US

Arrest of Worldcoin’s Top Managers in Kenya Blocked by US

Kenya’s interior cabinet secretary Kithure Kindiki stated that individuals attempted to exit the country but were detained. However, the U.S. government stepped in, asserting they should be permitted to depart since they hadn’t been formally convicted of any wrongdoing. The U.S. further promised to ensure their return if needed for legal proceedings. The committee probing Worldcoin has until September 28 to submit its findings. It’s interesting to note that last week, Sam Altman was seen in a private meeting with Kenya’s President William Ruto and some other individuals.

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Opinion

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Hot Crypto Discussions on X Today: Market Volatility, Crypto ETFs, & More

Hot Crypto Discussions on X Today: Market Volatility, Crypto ETFs, & More

Today, the crypto community is discussing market volatility, regulations, and the future of crypto ETFs, among other topics on X/Twitter.

The Man Who Forgot $240M: A Bitcoin Tragedy for the Ages

Sam Altman, ChatGPT, and the AI Spark That Lit Up Crypto

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.

What is Liquidity and How Does It Work in Crypto?

Altitude: An Overview of the Project and Testnet Guide