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.
Curve Finance, a prominent decentralized exchange, has initiated the deployment of smart contracts for its stablecoin, crvUSD, on the Ethereum mainnet. The launch is not yet fully completed, as the user interface needed for users to interact with the crvUSD smart contracts is still being developed.
Microsoft’s AI-powered Bing search engine is now open to everyone, marking a significant upgrade for the search engine. After initially releasing a limited preview version in February, Microsoft has made the ChatGPT-powered search engine accessible to all users without a waitlist.
Burger King fast-food restaurants in Paris are partnering with payment systems Alchemy Pay and Binance Pay, allowing customers to rent power banks from Instpower vending machines using cryptocurrency.
To commemorate the 12th anniversary of Prince William and Kate Middleton’s wedding, digital artist Zoobs and art platform ElmonX have released exclusive NFTs called “God Save the Future Queen” and “King of Pop”.
The Writers Guild of America (WGA) is advocating for limitations on the use of artificial intelligence in creating film and television scripts. Meanwhile, Hollywood studios, striving to make streaming services profitable amid dwindling ad revenues, appear less concerned and more open to technological advancements.
Meta is feeling bullish even though the numbers are telling a different story.
During her presentation on the “state of the chain” at Consensus 2023 conference, Lisa Neigut, a Lightning Protocol engineer for Blockstream, announced that the Bitcoin ecosystem is on the brink of a layer 2 “Cambrian explosion”.
Renowned entrepreneur and cryptocurrency advocate Balaji Srinivasan has officially conceded defeat on his bold $1 million Bitcoin price prediction. After acknowledging the unrealistic forecast, he decided to settle the bet amicably.
Singaporean state-owned investment firm Temasek has invested $10 million in promising crypto startup Array. The second funding round brought the platform’s valuation to $100 million.
Web3 company Truth Labs, known for its popular non-fungible token (NFT) collection Goblintown, is preparing to launch its Season 2 mint, Big Inc, a 15,000-unit sequel. The collection aims to celebrate the culture and community of Web3 and will prioritize collectors based on their “rekt activity,” or poor trades in the NFT space.
A Coinbase investor has lodged a stockholder derivative lawsuit against several of the firm’s top executives and board members, including CEO Brian Armstrong and prominent venture capitalists. The lawsuit alleges that these individuals reaped financial benefits from insider information during Coinbase’s public listing.
The Odesa Fine Arts Museum (OFAM) has teamed up with ArtWhale to launch NFT passes for art enthusiasts and Web3 supporters who want to support Ukraine’s iconic cultural institution.
Gemini Foundation has launched a non-US derivatives platform for global traders, in a move that follows the recent launch of Coinbase International Exchange. This new platform is now live and available for trading to customers in multiple jurisdictions, including Singapore, Hong Kong, India, Israel, Jersey, New Zealand, and more.
Coinbase, one of the largest cryptocurrency exchanges in the world, has launched an international exchange for institutional traders outside the US. The platform will allow users to trade perpetual futures, which accounted for almost 75% of global crypto trading volume in 2022.
Over 225,000 unconfirmed transactions are currently in the Bitcoin memory pool (mempool), indicating a growing demand for the network, according to data from mempool.space on May 2. The mempool’s size has surpassed 580 MB, nearly double its 300 MB limit, reaching levels last seen in 2017.
Elon Musk’s latest tweet has once again caused a stir in the cryptocurrency market. This time, the Cult DAO (CULT) token reaped the benefits, with its price doubling after Musk’s mention.
National Police in cooperation with the FBI shut down a network of services for exchanging cryptocurrencies obtained through crime.
Coinbase isn’t planning to follow in the footsteps of Kraken who settled a case with the SEC after its stake program was accused of being a security.
In their recent report, Microstrategy revealed that it has maintained a steadfast position on its Bitcoin holdings, retaining 140,000 BTC on its balance sheet throughout Q1 2023. This unwavering commitment showcases the company’s confidence in the long-term potential of the cryptocurrency.
And more people have lost their money in yet another crypto scam dubbed Harvest Keeper.
The United States Financial Industry Regulatory Authority (FINRA) Investor Education Foundation recently conducted a study that unveiled social factors and the fear of missing out (FOMO) as the driving forces behind first-time cryptocurrency investments.
Due to increasing pressure from American regulators, many cryptocurrency exchanges are leaving the US markets. Is Gemini the next one to follow suit?
Non-fungible tokens (NFTs) keep rocking the art scene. This time, the legendary late musician David Bowie who created “Space Oddity” is in the focus.
As controversies surrounding the use of copyrighted material by artificial intelligence (AI) tools continue to gain attention, the European Union (EU) has responded by advancing a draft bill to regulate the technology and its developers.
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.
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.