28 Apr 2025

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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.

Tesla Reports $951M in Digital Assets Amid Revenue Shortfall

Tesla Reports $951M in Digital Assets Amid Revenue Shortfall

Tesla still holds 11,509 BTC on its corporate balance sheet as of Q1 2025. The company chose not to sell any crypto assets despite a drop in revenue.

Vlad Vovk
Cantor, Tether, and SoftBank Launch $3B Bitcoin Acquisition Vehicle 

Cantor, Tether, and SoftBank Launch $3B Bitcoin Acquisition Vehicle 

Investment giant Cantor Fitzgerald has joined forces with SoftBank, Tether, and Bitfinex to launch 21 Capital, a Bitcoin acquisition venture with an initial capitalization of $3 billion.

Dmytro Psevdonimenko
US SEC Charges PGI Global Founder in $198M Crypto Ponzi Scheme

US SEC Charges PGI Global Founder in $198M Crypto Ponzi Scheme

The US Securities and Exchange Commission sued the founder and CEO of PGI Global, now a defunct crypto and foreign exchange trading company, for operating a $198 million fraudulent scheme.

Anahit Avetisyan
Malicious Backdoor Detected in XRP Ledger SDK: Private Key Theft Confirmed

Malicious Backdoor Detected in XRP Ledger SDK: Private Key Theft Confirmed

If you’ve been building on XRP Ledger, check your SDK. A backdoor was quietly funneling private keys to outsiders during wallet creation or recovery. Stay alert.

Anton Kryshtal
Chiliz Looks to Reclaim U.S. Presence, Opens Dialogue With SEC Before FIFA World Cup 2026

Chiliz Looks to Reclaim U.S. Presence, Opens Dialogue With SEC Before FIFA World Cup 2026

Ahead of FIFA World Cup 2026, Chiliz is laying regulatory groundwork for a U.S. comeback—starting with SEC discussions on the status of fan tokens.

Anton Kryshtal
EU Clash: ECB and European Commission at Odds Over Dollar-Pegged Stablecoins

EU Clash: ECB and European Commission at Odds Over Dollar-Pegged Stablecoins

The European Central Bank is pressing for a revision of MiCA, arguing that U.S. stablecoins could threaten financial stability. The European Commission, for now, disagrees.

Dmytro Psevdonimenko
Federal Court Sides With Crypto Lender in Clash With ASIC

Federal Court Sides With Crypto Lender in Clash With ASIC

The Federal Court of Australia has sided with crypto lender Block Earner, ruling that fixed-yield crypto loans qualify as standard lending products and do not meet the criteria of a collective investment scheme.

Vlad Vovk
Circle Unveils CPN to Streamline Global Payments With USDC and EURC

Circle Unveils CPN to Streamline Global Payments With USDC and EURC

Circle has introduced the Circle Payments Network for cross-border settlements in USDC and other stablecoins. CPN is designed to serve as a blockchain alternative to Visa and Mastercard.

Vlad Vovk
Paul Atkins Becomes 34th SEC Chair, Pledges Transparent Crypto Regulation

Paul Atkins Becomes 34th SEC Chair, Pledges Transparent Crypto Regulation

Paul Atkins has been sworn in as the 34th SEC Chair, taking the oath in the Senate and outlining his key priorities, including transparent crypto regulation and open dialogue with industry experts.

Dmytro Psevdonimenko
Upexi to Establish $100M Solana Reserve

Upexi to Establish $100M Solana Reserve

Investment firm GSR has allocated $100 million to Upexi to establish a Solana reserve. The strategy focuses on long-term accumulation of SOL and generating staking rewards. As a result, Upexi shares have already jumped by 630%.

Dmytro Psevdonimenko
ARK Invest Unlocks Solana Staking Through 3iQ’s Canadian ETF

ARK Invest Unlocks Solana Staking Through 3iQ’s Canadian ETF

By investing in 3iQ’s SOLQ, ARK becomes the first U.S. public firm to capture on-chain yields from Solana staking.

Anton Kryshtal
HashKey Launches Asia’s First XRP Tracker Fund in Collaboration with Ripple  

HashKey Launches Asia’s First XRP Tracker Fund in Collaboration with Ripple  

HashKey Capital and Ripple have launched the first XRP Tracker Fund in Asia. The fund targets professional investors and accepts both cash and in-kind contributions.

Dmytro Psevdonimenko
a16z Pours $55M into LayerZero with Tokens Locked for 3 Years

a16z Pours $55M into LayerZero with Tokens Locked for 3 Years

Andreessen Horowitz has taken a $55M position in LayerZero with a 3-year token lockup. The token’s price rose 10% on the heels of the news.

Dmytro Psevdonimenko
Circle Brings Trustless Refunds to USDC With New Onchain Protocol

Circle Brings Trustless Refunds to USDC With New Onchain Protocol

Refund Protocol marks a new chapter for USDC: a trust-minimized mechanism where users can dispute payments, trigger refunds, and rely on arbiters — without ever relinquishing token custody.

Vlad Vovk
Ripple’s $1.25B Target Hidden Road Wins FINRA License

Ripple’s $1.25B Target Hidden Road Wins FINRA License

Hidden Road, nearing acquisition by Ripple, has locked in its U.S. broker-dealer license—opening the door to expanded institutional fixed-income services.

Dmytro Psevdonimenko
1 Bitcoin Bounty: Project Eleven Challenges Quantum World to Break BTC Key

1 Bitcoin Bounty: Project Eleven Challenges Quantum World to Break BTC Key

Quantum research company Project Eleven has launched the Q-Day Prize, a competition offering 1 BTC to anyone who can crack an ECC key. This is the same encryption used to protect the Bitcoin network.

Vlad Vovk
Slovenia Plans to Tax Crypto Profits at 25% by 2026

Slovenia Plans to Tax Crypto Profits at 25% by 2026

A new proposal from Slovenia’s Ministry of Finance could see crypto investors paying a quarter of their earnings in tax starting in 2026.

Anton Kryshtal
DWF Labs Invests $25M in WLFI and Opens New York Office

DWF Labs Invests $25M in WLFI and Opens New York Office

World Liberty Financial has raised $25 million from DWF Labs. The market maker says the investment reflects its intention to grow its footprint in the U.S. and establish a New York office.

Dmytro Psevdonimenko
A16z Calls on SEC to Revise RIA Custody Framework for Crypto Assets

A16z Calls on SEC to Revise RIA Custody Framework for Crypto Assets

Venture capital firm a16z has submitted a proposal urging the SEC to revise its crypto custody rules for registered investment advisers (RIAs).

Vlad Vovk
$169M Pulled From Spot Bitcoin ETFs, Snapping Two-Day Inflow Streak

$169M Pulled From Spot Bitcoin ETFs, Snapping Two-Day Inflow Streak

On April 17, U.S. spot Bitcoin ETFs recorded a net outflow of $169.9 million, marking the first significant withdrawal after two consecutive days of inflows. Fidelity and Ark 21Shares ETFs experienced the heaviest investor pullbacks.

Vlad Vovk
Powell Softens Stance: Banks Get Green Light on Crypto Engagement

Powell Softens Stance: Banks Get Green Light on Crypto Engagement

Fed Chair Jerome Powell, speaking at the Economic Club of Chicago, pledged to reduce crypto restrictions on banks and backed new laws for stablecoins.

Dmytro Psevdonimenko
Athens Exchange Group and Mysten Labs Build Next-Gen IPO Blockchain on Sui

Athens Exchange Group and Mysten Labs Build Next-Gen IPO Blockchain on Sui

Athens Exchange Group (ATHEX) is teaming up with Sui creators Mysten Labs to create a secure, blockchain-powered IPO platform—fusing transparency with advanced privacy tech.

Anton Kryshtal
OpenAI’s Social Vision Emerges from the Shadow of the Musk–Altman Rift

OpenAI’s Social Vision Emerges from the Shadow of the Musk–Altman Rift

OpenAI is quietly developing a project at the crossroads of artificial intelligence and social connectivity. Whether it materializes as a standalone network or evolves within ChatGPT, the move marks a notable pivot in the company’s trajectory.

Dmytro Psevdonimenko
Bitcoin Core 29.0 Drops: What’s New in the Latest Major Release

Bitcoin Core 29.0 Drops: What’s New in the Latest Major Release

Bitcoin Core 29.0 is now live. The latest version of the official Bitcoin client includes a CMake-based build system, enhanced RPCs, and updates to the mempool and network stack.

Vlad Vovk
Oklahoma Drops Proposal to Hold Bitcoin in State Reserves

Oklahoma Drops Proposal to Hold Bitcoin in State Reserves

The plan to establish a Bitcoin reserve in Oklahoma has been shot down by the state Senate. But the story doesn’t end there—other states have crypto ambitions of their own.

Vlad Vovk
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.