13 Jan 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.

Russian drug marketplaces fight over the Darknet

Russian drug marketplaces fight over the Darknet

The russian Solaris platform was hacked by the Kraken trading platform, which also targets the russian-speaking audience. Kraken claims to have taken control of Solaris’ infrastructure and Gitlab repository, as well as locking and emptying its crypto wallets. Both platforms are linked to a Russian operator and both have about 25% market share of the total volume of drugs and weapons sold on the dark web. It is known for certain that Solaris used the services of pro-Kremlin hackers Killnet, which launched DDoS attacks on Ukrainian and European government servers in 2022. All Solaris clients are now automatically redirected to the Kraken website because the hackers not only took control of the code and wallets but also set up a redirect. There are three things you can watch forever: fire burning, water falling, and Russians destroying each other. It is still unknown what kind of Kraken it is. Maybe it’s some of ours

22 Jan 2023
Which companies have exposure to Genesis

Which companies have exposure to Genesis

Genesis filed for Chapter 11 bankruptcy protection on Thursday. Now the major creditors started to become known and ready to comment. – The Gemini Exchange is the bankrupt’s largest creditor. Its losses total more than $750 million. – Investment fund Mirana. Genesis owes the fund (which invested in platforms like Bybit and BitDAO) $151.5 million. – Decentraland. According to its representatives, it had a credit against Genesis of $7.8 million. – Stellar Blockchain has a claim for $13 million against the bankrupt company. – Coincident Cap confirmed that Genesis has $110 million in debt to them. All the creditors claim that Genesis’ troubled liabilities won’t affect their current operations and that any potential losses will be covered. However, they don’t specify at whose expense. Genesis owes a total of $3.4 billion to its creditors.

21 Jan 2023
A small miner earned 6.25 BTC for mined block

A small miner earned 6.25 BTC for mined block

A bitcoin miner with only 10 terahashes hardware capacity was able to get a new block by himself. The probability of such a jackpot with a similar hash rate is less than 0.00001%! The miner’s reward is 6.25 bitcoins per block, which is about $131,000 and many times than the old Asic costs. However, if you feel an uncontrollable urge to run to AliExpress for energy-consuming equipment, remember that this example is a real miracle.

20 Jan 2023
More crypto dominoes are falling

More crypto dominoes are falling

Genesis Global also failed to stay afloat and filed for bankruptcy. It was reported that the exchange founders filed in the New York Southern District Court for Chapter 11 bankruptcy, which provides for “sale, capital raise or reorganization of debt. That is, the exchange can still be saved, but with a different owner. Genesis Trading owes creditors more than $3 billion. The company representatives claim that they have only $150 million in cash.

20 Jan 2023
Robinhood opens wallet services to 1 million users

Robinhood opens wallet services to 1 million users

Robinhood released the beta version of Robinhood Wallet in September to 10,000 users who joined the waitlist. The wallet is now available to 1 million waitlisted customers. Robinhood Wallet is more than just a wallet. It’s a full-fledged app allowing to trade tokens and view NFTs. It provides access to additional Web3 features like connecting to dApps and NFT marketplaces on Ethereum and Polygon.

20 Jan 2023
Cardano co-founder Charles Hoskinson intends to buy CoinDesk

Cardano co-founder Charles Hoskinson intends to buy CoinDesk

CoinDesk is a media asset of the Digital Currency Group, whose financial situation leaves much to be desired. “I would like to figure out how to get to journalistic integrity again,” Hoskinson explains his motives in a live YouTube stream. Cardano expects the price of CoinDesk will be around $200 million. The Cardano ADA token is one of the top ten cryptocurrencies on CoinMarketCap with a market cap of about $11.7 billion.

20 Jan 2023
DEX aggregator 1inch Network is testing its own hardware wallet

DEX aggregator 1inch Network is testing its own hardware wallet

The developers claim that it will be on par with Ledger and Trezor in terms of technical characteristics. What is already known about the upcoming device from 1inch: ?Touch display 2.7 inches ?Thickness: 4 mm ?Weight: 70 g ?Size: credit card ?Wireless communication ?NFT support ?Signing transactions via QR code ?Ability to generate several addresses with unique pin codes There is no price tag yet, but you can already sign up for the waiting list.

19 Jan 2023
Yuga Labs is in the groove, with NFT passes sold for $9 million

Yuga Labs is in the groove, with NFT passes sold for $9 million

The NFT Sewer Pass collection generated more than 6,000 ETH in 12 hours. Despite a slight delay, the Dookey Dash game passes have been released for minting. The Sewer Passes were broken up into four tiers, if in addition to the BAYC or MAYC NFTs, users also hold the Bored Ape Kennel Club NFT. The price of the Sewer Passes on OpenSea ranges from 1.49 ETH to 420 ETH. Those wishing to join the sewer key quest have already minted 14,361 passes. The market value of the collection has reached 6,761 ETH, and it looks like this is just the beginning.

19 Jan 2023
CoinDesk considers the potential sale of the business

CoinDesk considers the potential sale of the business

Cryptocurrency-focused media company CoinDesk Inc. is exploring options for a partial or complete sale of the outlet. CoinDesk has hired experts from the independent investment bank Lazard Ltd. to study the matter. “My goal in hiring Lazard is to explore various options to attract growth capital to the CoinDesk business, which may include a partial or full sale,” CEO Kevin Worth told Reuters. According to Worth, they received many indications of interest in the business from potential buyers.

19 Jan 2023
Sam Bankman-Fried: “FTX US is solvent and always has been.”

Sam Bankman-Fried: “FTX US is solvent and always has been.”

In his new post, SBF found inconsistencies in documents filed by the law firm Sullivan & Cromwell (S&C) to a Delaware court alleging that FTX US is insolvent. S&C somehow failed to include $428 million of assets in FTX US bank accounts in the report. As a result, SBF concluded that FTX had hundreds of millions of dollars in excess of what the exchange needed to pay its obligations to users. Just return the money, Sam!

18 Jan 2023
National Geographic launches its first NFT collection on Polygon

National Geographic launches its first NFT collection on Polygon

A collaboration between the legendary magazine and NFT marketplace Snowcrash dubbed “GM: Daybreak Around the World” consists of pictures of sunrises. They were authored by 16 photographers and digital artists. The limited edition collection features 1,888 NFTs – 16 images in 118 editions. Why 1,888? “It’s a nod to Nat Geo’s birth year.” The NFTs will cost 215 MATIC and will be sold via blind mint: users will only be able to see their NFTs after purchase. According to the creators, this approach will ensure fairness and enjoyable surprises.

18 Jan 2023
Waves DEX users surprised to be unable to withdraw funds

Waves DEX users surprised to be unable to withdraw funds

Although the Waves blockchain explorer shows that transactions in USDT and USDC are in order, Twitter users are complaining en masse about the inability to withdraw stablecoins. All funds from the exchange bridge wallet were transferred to an unknown destination. The balance of the wallet is $144, although there should be over $40 million in USDC and USDT. The exchange representatives have not provided any official comments yet

17 Jan 2023
Twitter’s “$Cashtags” feature has been expanded with another 30 c

Twitter’s “$Cashtags” feature has been expanded with another 30 c

The app now displays an up-to-date price chart for nearly all of the Top 50 cryptocurrencies by market cap. However, for some reason, not all are yet visible. Among those displayed are Tether (USDT), XRP (XRP), Binance USD (BUSD), Cardano (ADA), Solana (SOL), Avalanche (AVAX), Dogecoin (DOGE), Shiba Inu (SHIB), Polygon (MATIC), Litecoin (LTC), Dai (DAI) and Uniswap (UNI). Among the losers are Polkadot (DOT), Tron (TRX), BNB (BNB), and USD Coin (USDC). Conspiracy theorists and insiders are welcome to comment. TradingView and Robinhood services are likely to have been involved in the implementation. However, none of these potential Twitter partners have officially confirmed the collaboration.

16 Jan 2023
Red Bull launched a new art project with NFT prizes

Red Bull launched a new art project with NFT prizes

Those interested in participating should create their own “doodle” (a black-and-white sketch on paper or digitally) and upload it to the project website. Each artist who submitted a work will receive their drawing in NFT format. Each of the 60 participating countries will have one winner. The contest’s finals in Amsterdam will feature their doodles tokenized and presented in NFT format.

16 Jan 2023
U.S. inflation has slowed down again!

U.S. inflation has slowed down again!

The US Consumer Price Index (CPI), which measures the inflation rate, was released today. The index decreased by 0.6% over the month and now stands at 6.5%. We covered the CPI in detail in this article. According to the release, the actual values correspond to the predicted figures. This means that inflation is sinking at the expected rate and investors are gradually returning to the market. Bitcoin is up 3% today, hitting $18,000 for the first time since Dec. 14

12 Jan 2023
Guys, do you need some weight loss tips after the holiday binge?

Guys, do you need some weight loss tips after the holiday binge?

The new eKinekt Bike Desk turns kinetic energy from cycling into an electrical charge. This technological wonder has two USB Type-A ports and one USB Type-C port for charging laptops or phones. In addition, the mobile app keeps track of energy generated and calories burned. Acer’s training machine is meant to empower a healthy lifestyle. We guess in Ukraine, many people would prefer cycling rather than jogging to the nearest Point of Invincibility to charge their devices. The retail price is $1,000. Unfortunately, for now, it is available in the U.S., Canada, and Taiwan only.

09 Jan 2023
BMW will use BNB Chain for its loyalty program

BMW will use BNB Chain for its loyalty program

According to the press release, BMW is going to use blockchain technology to reduce paperwork and integrate a loyalty program in Thailand. BMW has chosen the Coinweb platform as a provider of decentralized infrastructure and the BNB Chain blockchain for transactions. Through the new loyalty program, BMW customers will be able to receive blockchain rewards for purchases and completing various tasks. Users will be able to exchange tokens for BMW and third-party companies products and services. Token transactions will take place on the BNB Chain.

29 Dec 2022
Alameda was caught swapping tokens for ETH and BTC!

Alameda was caught swapping tokens for ETH and BTC!

Almost immediately after Bankman-Fried was released on a $250 million bail, wallet activity started. Additionally, there are persistent online rumors that he is currently not in his parents’ home wearing an electronic bracelet on his leg but rather somewhere in the Alameda office. The public came to the conclusion that Curly-haired Sam was preparing a daring escape and gathering the cryptocurrency to bribe the regulators. Furthermore, similar emptying of the company’s wallets was observed when Terra CEO Do Kwon vanished (by the way, where is Do Kwon now?) And here’s a rhetorical question: why did the regulators seize FTX accounts but not Alameda’s? Everyone can see that these two businesses are related because the same person managed (or, to be more precise, damaged) both of them.

28 Dec 2022
? MicroStrategy sold BTC for the first time in its history!

? MicroStrategy sold BTC for the first time in its history!

Since MS started investing in cryptocurrency, this is the first bitcoin sale. According to a report filed with the SEC, the company liquidated 704 BTC worth about $11.8 million on December 22. The document states: “MicroStrategy plans to carry forward capital losses resulting from this transaction against prior capital gains to the extent such carryforwards are available under applicable federal income tax laws.” Additionally, between November 1 and December 21, 2022, MicroStrategy bought another 2,395 BTC at an average price of $17,871, according to the report.

28 Dec 2022
Bitcoin has never been this weak!

Bitcoin has never been this weak!

RSI reached its all-time low (38.56). The good news is that after the previous minimum was renewed, a new one always follows shortly after. Who is your bet on in the upcoming year? Bulls or Bears? Read more about RSI on our website.

23 Dec 2022
The Ukrainian Robin Hood is stealing from Russian cybercriminals!

The Ukrainian Robin Hood is stealing from Russian cybercriminals!

Alex Holden, a hacker from Ukraine, has a singular gift for tracking down “bad russian guys” on the Internet. This week, he stole $25,000 in BTC from the russian dark web marketplace dubbed Solaris, and transferred the money to Kyiv charitable foundation “Enjoying Life”.

23 Dec 2022
Sam Bankman-Fried released on bail!

Sam Bankman-Fried released on bail!

Sam had previously claimed that he was left with only $100,000. Even assuming that Sam lied a little, and he did have some mad money under his pillow, his parents had to mortgage their home to satisfy the bail requirements. By the way, that’s the home where Sam is going to live. Hopefully, Sam will manage this tough task, and won’t get pulled over for drunk driving in the coming months.

22 Dec 2022
Sam arrived at an American prison to serve his sentence

Sam arrived at an American prison to serve his sentence

Curly-haired Sam, the former “future Rockefeller” and CEO of the bankrupt FTX exchange, has been extradited to the US from The Bahamas However, for Sam, things got much worse as two of his main accomplices, Caroline Ellison and Gary Wang, began to testify to the feds. Due to the fact that sentences can be reduced for substantial assistance in the investigation, hopeless fraudsters decided to take advantage of this.

22 Dec 2022

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