18 Jan 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.

Tesla, Drugs and Rock-n-Roll

Tesla, Drugs and Rock-n-Roll

Entrepreneurs such as Elon Musk and Sergey Brin are involved in a drug movement that advocates believe can expand consciousness, improve lives, and potentially lead to breakthroughs in business. This trend of routine drug use has raised concerns among boards and business leaders about their responsibility towards a workforce that frequently engages in drug use.

28 Jun 2023
FTX vs K5 Global: Another Chapter in a Fraudulent Saga

FTX vs K5 Global: Another Chapter in a Fraudulent Saga

The new leadership of FTX exchange has taken legal action against investment firm K5 Global, seeking the return of $700 million they received from former FTX CEO, Sam Bankman-Fried.

28 Jun 2023
Binance Under Investigation for Suspected Illicit Activities

Binance Under Investigation for Suspected Illicit Activities

European Union authorities have raised concerns regarding Binance’s operations in Ireland and Malta, indicating potential involvement in illicit activities such as money laundering and tax evasion.

28 Jun 2023
Mystery of the Locked SUI Tokens

Mystery of the Locked SUI Tokens

The Sui Foundation has refuted allegations of unlocking SUI staking rewards and selling them on the Binance exchange.

28 Jun 2023
Sunak Wants to Bring Together Like-minded AI States

Sunak Wants to Bring Together Like-minded AI States

The UK is looking to take the reins in all things AI-related. The British PM’s new statements only serve to underscore that.

27 Jun 2023
Crypto Exchanges Should Segment Users: Chainalysis

Crypto Exchanges Should Segment Users: Chainalysis

It’s still a difficult time for crypto exchanges. But they can take steps to ameliorate the situation.

27 Jun 2023
Is the UK Paving the Way to Become a Global Crypto Hub?

Is the UK Paving the Way to Become a Global Crypto Hub?

Led by Prime Minister Rishi Sunak, the UK government is on the brink of ushering in comprehensive cryptocurrency legislation. Lisa Cameron, Chair of the Crypto & Digital Assets All-Party Parliamentary Group, foresees the coming generation of Brits leading the charge in the fintech sector.

27 Jun 2023
NASA Building ChatGPT-like System for Space Station

NASA Building ChatGPT-like System for Space Station

NASA is undeterred by the portrayal of AI systems in science fiction movies and is developing its own ChatGPT-like system for an upcoming space station. The space agency is working on a generative AI system that will enable astronauts and mission control to communicate with vessels and conduct experiments.

27 Jun 2023
Hong Kong on Its Way to Becoming a Hub for Digital Assets

Hong Kong on Its Way to Becoming a Hub for Digital Assets

Circle CEO Jeremy Allaire expressed the company’s keen interest in Hong Kong’s goal of establishing itself as a leading center for digital assets and stablecoins.

27 Jun 2023
UK Crypto Exchanges Crack Down on Referral Schemes

UK Crypto Exchanges Crack Down on Referral Schemes

UK financial authorities have issued a directive to crypto exchanges, barring them from offering bonuses to users promoting their platforms. This encompasses affiliate programs and referral links as well.

27 Jun 2023
WhiteBIT Expands its Reach to the Polish Market!

WhiteBIT Expands its Reach to the Polish Market!

WhiteBIT, a prominent European crypto exchange with Ukrainian origins, is furthering its global mission by implementing blockchain technology worldwide. The next step on their agenda? Entering the Polish market.

27 Jun 2023
Musk’s Dogecoin Legal Team Sees a Shuffle

Musk’s Dogecoin Legal Team Sees a Shuffle

Musk is facing a serious court battle regarding alleged Dogecoin price manipulation. His legal team is undergoing changes.

27 Jun 2023
ZK Stack Unveiled: zkSync’s Answer to Optimism’s Superchain

ZK Stack Unveiled: zkSync’s Answer to Optimism’s Superchain

zkSync Era is breaking new ground with the introduction of ZK Stack, a state-of-the-art framework that incorporates Hyperchains. These are tailor-made blockchains anchored in zero-knowledge proofs, which act as an innovative layer above the prevailing layer-2 protocols.

27 Jun 2023
Treasury and SEC Urged to Review Digital Asset Legislation

Treasury and SEC Urged to Review Digital Asset Legislation

Representative Maxine Waters, who holds a prominent position in the House Financial Services Committee, recently extended an invitation to influential decision-makers at federal regulatory institutions to offer their viewpoints on an upcoming framework encompassing digital assets.

27 Jun 2023
China’s Digital Yuan Faces a Setback

China’s Digital Yuan Faces a Setback

The trial run to integrate the digital yuan has faced substantial challenges, leading to its eventual failure. Despite the backing from China’s regulators, the eagerness to utilize e-CNY turned out to be insufficient.

26 Jun 2023
Animoca Brands Joins the Celo Blockchain Ecosystem

Animoca Brands Joins the Celo Blockchain Ecosystem

Animoca Brands is set to introduce their Web3 games into the mobile application of the Celo blockchain. They will also serve as one of Celo’s network validators, ensuring its security alongside industry giants like Deutsche Telekom, Coinbase, a16z, among others.

26 Jun 2023
Tornado Cash Heist: Attacker Holds Community Hostage

Tornado Cash Heist: Attacker Holds Community Hostage

After entirely disrupting the Tornado Cash governance, the attacker is apparently trying to make a benevolent move, offering to restore the state of governance.

26 Jun 2023
TradFi is Taking Over the Crypto Market

TradFi is Taking Over the Crypto Market

Right now, we’re witnessing a power shift in the American crypto market. Titans of traditional finance are seizing the positions once occupied by pioneers of the digital realm.

26 Jun 2023
Major Asset Manager Franklin Templeton Invests in BTC

Major Asset Manager Franklin Templeton Invests in BTC

Franklin Templeton, the company overseeing $1.5 trillion in assets, has decided to invest heavily in Bitcoin and blockchain startups.

26 Jun 2023
Hong Kong HSBC Customers Gain Access to Crypto ETFs

Hong Kong HSBC Customers Gain Access to Crypto ETFs

HSBC Hong Kong, a part of the Hong Kong and Shanghai Banking Corporation, has launched its first cryptocurrency services. The bank is now allowing its customers to buy and sell exchange-traded funds (ETFs) based on Bitcoin and Ethereum, according to a report by local journalist Colin Wu on June 26.

26 Jun 2023
The Rise of a New Crypto Banking System

The Rise of a New Crypto Banking System

Global banking is gradually veering towards cryptocurrency. This is in many ways a compelled pivot, given the financial sector’s transition from a state of denial and resentment to negotiation, ultimately leading to acceptance. Could this be the heralding of traditional finance’s demise?

26 Jun 2023
Yuga Labs’ Book Celebrates CryptoPunks’ 6th Anniversary

Yuga Labs’ Book Celebrates CryptoPunks’ 6th Anniversary

The creators of CryptoPunks, are crafting an immersive book that will detail each of the 10,000 Ethereum avatars, pixel by pixel. Set to release in Fall 2023, the book aims to showcase the artwork of CryptoPunks and their profound impact since their inception.

26 Jun 2023
Amazon’s AWS to Build $100 Million AI Center

Amazon’s AWS to Build $100 Million AI Center

Amazon’s cloud unit, AWS, is making a move to compete with Microsoft and Google in the generative artificial intelligence market by establishing the AWS Generative AI Innovation Center with a budget of $100 million.

26 Jun 2023
Guy Fieri and Sammy Hagar’s Santo Spirit Tequila Goes Web3

Guy Fieri and Sammy Hagar’s Santo Spirit Tequila Goes Web3

The premium brand Santo Spirit invites all connoisseurs of exclusive tequila and NFTs to join the Santo Spirits Club. The introduction of the loyalty program on Web3 comes on the heels of the new Añejo tequila release, which has a distinctive position within the Santo assortment.

26 Jun 2023
Optimism Rebranded As OP Mainnet

Optimism Rebranded As OP Mainnet

In a strategic move to align with its vision of building a network of interconnected Layer 2 blockchains, Optimism has rebranded itself as OP Mainnet. The name change signifies the distinction between the core blockchain infrastructure and the encompassing ethos of “Optimism.”

24 Jun 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.