14 May 2025

News

Get comprehensive coverage of the cryptocurrency industry with our news selection. Whether you’re a seasoned investor or just a novice crypto enthusiast, The Coinomist has the news and insights you need to stay informed. From Bitcoin to DeFi, we’ve got you covered.

Tether Launches XAUT on Maxbit: Gold-Backed Tokens Now Tradeable in Thailand

Tether Launches XAUT on Maxbit: Gold-Backed Tokens Now Tradeable in Thailand

Tether’s XAUT—each token backed 1:1 with real gold—has launched on Maxbit, letting Thai users buy, trade, and hold gold on-chain, anytime, with full transparency and Swiss custody.

Anton Kryshtal
U.S.SEC Delays Grayscale’s Solana and Litecoin ETFs, Opens Public Comment for BlackRock and Dogecoin Proposals

U.S.SEC Delays Grayscale’s Solana and Litecoin ETFs, Opens Public Comment for BlackRock and Dogecoin Proposals

The SEC delays its decision on Grayscale’s Solana and Litecoin ETFs while opening public comment periods for proposed changes to BlackRock’s Bitcoin ETF and 21Shares’ Dogecoin ETF filing.

Vlad Vovk
Cynthia Lummis and Bernie Moreno Urge US Treasury to Review Crypto Tax Policy

Cynthia Lummis and Bernie Moreno Urge US Treasury to Review Crypto Tax Policy

U.S. Senators Cynthia Lummis and Bernie Moreno urged the Treasury to relieve the tax burden on corporations investing in digital assets, thereby promoting innovation in the country.

Anahit Avetisyan
TRON Goes Wall Street: Canary Proposes Staked TRX ETF on Cboe

TRON Goes Wall Street: Canary Proposes Staked TRX ETF on Cboe

Cboe has filed for the first TRX ETF with integrated staking. Launched by ETF issuer Canary Capital, the fund aims to deliver regulated yield from TRON’s PoS asset.

Vlad Vovk
U.S. Seeks 2-Year Sentence for Hacker Behind SEC X Account Breach

U.S. Seeks 2-Year Sentence for Hacker Behind SEC X Account Breach

U.S. prosecutors are seeking a two-year sentence and financial penalties for the hacker who compromised the SEC’s X account. The fake post he published briefly sent Bitcoin’s price higher.

Anton Kryshtal
Adam Back Invests €12.1M in Bitcoin to Back The Blockchain Group’s BTC Strategy

Adam Back Invests €12.1M in Bitcoin to Back The Blockchain Group’s BTC Strategy

The Blockchain Group has confirmed a €12.1 million BTC investment from Adam Back. The funds were raised through a bond issuance priced at €0.707 per share, over 50% below market.

Vlad Vovk
Dubai to Accept Crypto for Gov Fees in Cashless Strategy Push

Dubai to Accept Crypto for Gov Fees in Cashless Strategy Push

Dubai will enable government service fee payments in crypto as part of its strategy to go fully cashless and support digital finance.

Anahit Avetisyan
Metaplanet Tops El Salvador’s Bitcoin Holdings After Recent Purchase

Metaplanet Tops El Salvador’s Bitcoin Holdings After Recent Purchase

Metaplanet, a Japanese Bitcoin Treasury company, now holds 6,796 Bitcoins, more than the government of El Salvador.

Anahit Avetisyan
Worldcoin Launches Orb Mini, But Critics Question Data Safety

Worldcoin Launches Orb Mini, But Critics Question Data Safety

Worldcoin’s Orb Mini offers futuristic ID creation at your fingertips—but not everyone’s convinced. Privacy and feasibility concerns are casting a shadow over the launch.

Dmytro Psevdonimenko
Illegal Bitcoin Mining Drains Malaysia’s Grid: TNB Sounds the Alarm

Illegal Bitcoin Mining Drains Malaysia’s Grid: TNB Sounds the Alarm

Malaysia’s state electricity provider, Tenaga Nasional Berhad (TNB), has reported a nearly fourfold increase in power theft resulting from illegal crypto mining operations over the past six years.

Vlad Vovk
Lido Suffers Minor Oracle Exploit as 1.46 ETH Stolen, DAO Responds

Lido Suffers Minor Oracle Exploit as 1.46 ETH Stolen, DAO Responds

One of Lido’s nine oracles was compromised, resulting in a 1.46 ETH drain. The DAO has triggered an emergency vote to restore operational security.

Dmytro Psevdonimenko
Ledger Discord Compromised via Mod Account, Users Targeted in Seed Phrase Scam

Ledger Discord Compromised via Mod Account, Users Targeted in Seed Phrase Scam

Ledger’s Discord server came under attack after a hacker gained access to a moderator account and shared a phishing link that targeted users’ seed phrases.

Vlad Vovk
Celsius Founder Alex Mashinsky Gets 12-Year Prison Sentence

Celsius Founder Alex Mashinsky Gets 12-Year Prison Sentence

Alex Mashinsky, founder and ex-CEO of Celsius Network, has been sentenced to 12 years in prison after pleading guilty to securities and commodities fraud.

Anahit Avetisyan
Coinbase Acquires Deribit for $2.9B in Record-Breaking Derivatives Deal

Coinbase Acquires Deribit for $2.9B in Record-Breaking Derivatives Deal

Coinbase is acquiring Deribit for $2.9 billion to strengthen its position in the crypto derivatives market. The deal is expected to close by the end of 2025, pending regulatory approvals.

Dmytro Psevdonimenko
First-Ever International Crypto Trading Cup Hosted by WhiteBIT Goes Live

First-Ever International Crypto Trading Cup Hosted by WhiteBIT Goes Live

WhiteBIT, Europe’s largest crypto exchange by traffic, has launched the International Crypto Trading Cup (ICTC-2025), an online championship where traders worldwide can showcase their skills.

Anahit Avetisyan
U.S. Senate Postpones GENIUS Act Vote Amid Draft Gaps and Disagreements

U.S. Senate Postpones GENIUS Act Vote Amid Draft Gaps and Disagreements

The U.S. Senate declined to advance the GENIUS Act, a stablecoin-focused bill, as lawmakers failed to reach an agreement on key provisions and called for further work on the draft.

Dmytro Psevdonimenko
Securitize Raises Funding From Jump Crypto to Expand Institutional RWA Access

Securitize Raises Funding From Jump Crypto to Expand Institutional RWA Access

On May 7, 2025, Jump Crypto took a strategic position in Securitize, the platform powering BlackRock’s BUIDL fund and a key player in the $4 billion real-world asset tokenization boom.

Vlad Vovk
Banks Can Now Manage Customer Crypto, Says U.S. Regulator OCC

Banks Can Now Manage Customer Crypto, Says U.S. Regulator OCC

On May 7, 2025, the OCC officially approved U.S. banks to facilitate crypto purchases and sales for clients and to outsource custody services to external providers—paving the way for regulated crypto banking in the United States.

Vlad Vovk
Kenyan Court Orders World Foundation to Delete Biometric Data

Kenyan Court Orders World Foundation to Delete Biometric Data

A High Court judge in Kenya has ordered the Worldcoin Foundation, founded by Sam Altman, to delete biometric data collected from Kenyans, questioning its legality.

Anahit Avetisyan
Thumzup Files Amended S-3 to Raise $500M, Eyes BTC as Reserve Asset

Thumzup Files Amended S-3 to Raise $500M, Eyes BTC as Reserve Asset

Thumzup Media Corporation has increased its shelf registration to $500 million and revealed plans to use part of the funds for a strategic Bitcoin purchase for its treasury.

Vlad Vovk
Hacken CEO Calls Out Crypto Sector’s Security Complacency

Hacken CEO Calls Out Crypto Sector’s Security Complacency

The Hacken CEO argues the blockchain space is still deluding itself about its security posture, lacking the systemic vision needed to break free from its cycle of repeated breaches.

Anton Kryshtal
Movement Labs Ousts Co-Founder, Unveils New Leadership Team

Movement Labs Ousts Co-Founder, Unveils New Leadership Team

Movement Labs dismissed co-founder Rushi Manche over a controversial deal with a market maker. The project introduced a new leadership team under Move Industries, though the MOVE token still declined.

Dmytro Psevdonimenko
Bitwise Adds NEAR to Its ETF Roster With New SEC Filing

Bitwise Adds NEAR to Its ETF Roster With New SEC Filing

Bitwise has filed with the SEC for a spot ETF tied to NEAR, the native cryptocurrency of a Layer 1 blockchain built for scalability and AI integration.

Vlad Vovk
Standard Chartered Predicts BNB Price Could Double in 2025

Standard Chartered Predicts BNB Price Could Double in 2025

Standard Chartered analysts expect BNB to double in price in 2025. By the end of 2028, they forecast a potential 360% gain (up to $2,775)!

Dmytro Psevdonimenko
Congressional Rift Widens as Democrats Boycott Joint Crypto Hearing

Congressional Rift Widens as Democrats Boycott Joint Crypto Hearing

Democrats in Congress boycotted a scheduled joint hearing on digital asset policy, accusing President Trump of “crypto corruption.” The dispute escalated into parallel partisan roundtables.

Dmytro Psevdonimenko
Monica Long: How Ripple’s Quiet Force Is Redrawing Crypto’s Map

Monica Long: How Ripple’s Quiet Force Is Redrawing Crypto’s Map

Ripple’s Monica Long isn’t chasing headlines—she’s quietly building crypto’s future. From payments to tokenization, here’s how she’s reshaping finance from the inside.

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.