19 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.

Hong Kong Encourages Banks to Support Crypto Firms Pre-License

Hong Kong Encourages Banks to Support Crypto Firms Pre-License

In a recent circular, the Hong Kong Monetary Authority (HKMA) urged authorized institutions to adopt a risk-based approach to Anti-Money Laundering efforts and take a forward-looking approach to new sectors, including the crypto market.

28 Apr 2023
Former MIT Blockchain Cheerleader Changes Tune

Former MIT Blockchain Cheerleader Changes Tune

Gary Gensler, who once enthusiastically taught blockchain and cryptocurrency courses at MIT, now serves as the Chairman of the SEC and has made a notable about-face regarding his stance on the crypto industry. Gensler now claims that many crypto platforms are operating in violation of securities laws, raising eyebrows among industry insiders.

28 Apr 2023
Coinbase Execs Laugh Off SEC’s Wells Notice

Coinbase Execs Laugh Off SEC’s Wells Notice

Coinbase founder Brian Armstrong and Chief Legal Officer Paul Grewal addressed the SEC’s Wells notice with a sincere tone on YouTube and at Consensus 2023. Paul stated that their commitment to regulatory compliance has never wavered, empha

28 Apr 2023
Jeremy Cowart to Create 10,000 NFTs in 20 Minutes

Jeremy Cowart to Create 10,000 NFTs in 20 Minutes

“I’m not anti-AI but we can’t lose sight of human processes that have been built over years,” says Jeremy Cowart, an American artist and photographer who aims to revolutionize the Web3 space with his Auras project.

28 Apr 2023
MoonPay partners with filmmaker Julie Pacino for NFT-based movie

MoonPay partners with filmmaker Julie Pacino for NFT-based movie

Filmmaker and artist Julie Pacino is collaborating with MoonPay, a Web3 infrastructure company, to produce an NFT-based movie titled “I Live Here Now”.

27 Apr 2023
Donate crypto and help children in Ukraine!

Donate crypto and help children in Ukraine!

Ukraine is one of the global leaders in cryptocurrency adoption and blockchain implementation. WhiteBIT, Whitepay, and the charitable organization “Ronald McDonald House Charities in Ukraine” have joined forces to help the younger generation.

27 Apr 2023
The ISO DTI Standard Now Included in the FIX Protocol

The ISO DTI Standard Now Included in the FIX Protocol

The Financial Information eXchange (FIX) protocol has now integrated the ISO Digital Token Identifier (DTI) standard. It is imperative to acknowledge that ISO, standing for International Organization for Standardization, should not be conflated with ICO (Initial Coin Offering).

27 Apr 2023
Who Are Crypto Influencers and What’s Their Impact?

Who Are Crypto Influencers and What’s Their Impact?

Novice investors and traders who are entering the world of digital assets for the first time are actively searching for information about this new industry. They educate themselves by reading books, watching videos, and subscribing to channels run by renowned experts in the cryptocurrency industry.

26 Apr 2023
Coinbase to SEC: “Can We Get a Straight Answer?!”

Coinbase to SEC: “Can We Get a Straight Answer?!”

Coinbase has decided to sue the SEC, seeking much-needed clarity on digital asset rules. It’s like navigating through a maze of bureaucracy, hoping to find answers.

25 Apr 2023
California Proposes Legal Framework for DAOs

California Proposes Legal Framework for DAOs

California is poised to embrace the future of Decentralized Autonomous Organizations (DAOs) by introducing a new Assembly Bill, all while maintaining a cheeky grin.

25 Apr 2023
AirBit Club Co-Founders and Promoters Plead Guilty to Fraud

AirBit Club Co-Founders and Promoters Plead Guilty to Fraud

Six employees of a company that turned out to be a global multi-million dollar cryptocurrency pyramid scheme have pleaded guilty, according to the Southern District of New York prosecutor’s office.

24 Apr 2023
Breaking News on SUI! Will Ukrainians Get Access to the Sale?

Breaking News on SUI! Will Ukrainians Get Access to the Sale?

The recent decision by Sui to replace airdrop as a means of distributing tokens to early testers with initial token sales on centralized exchanges such as OKX, Bybit, and Kucoin has sparked widespread disappointment among many supporters of the project. However, despite the concerns raised, the current situation remains unchanged.

24 Apr 2023
Zilliqa launches EVM-compatible mainnet

Zilliqa launches EVM-compatible mainnet

Zilliqa recently announced its EVM compatibility feature will be available on its mainnet on April 25th. This upgrade will provide users with the ability to execute Ethereum smart contracts and use popular wallets within the Zilliqa ecosystem. This will enable the transfer of ZIL tokens through platforms such as MetaMask.

24 Apr 2023
Good Gensler Memecoin: The Hero Crypto Deserves?

Good Gensler Memecoin: The Hero Crypto Deserves?

There’s a new memecoin making waves in the world of crypto, and it’s called Good Gensler (GENSLR). With a staggering 1,500% surge in just a few days, this new ERC-20 token has caught everyone’s attention.

24 Apr 2023
Security Breach Addressed: Trust Wallet Users to Be Compensated

Security Breach Addressed: Trust Wallet Users to Be Compensated

Trust Wallet, a leading provider of secure wallet software, has announced that it has addressed a WebAssembly (WASM) vulnerability affecting a small number of users. The vulnerability was reported by a security researcher in November 2022 through the company’s bug bounty program and affected new wallet addresses generated between November 14 and 23, 2022, by the Trust Wallet Browser Extension.

22 Apr 2023
Is Coinbase Expanding to Africa?

Is Coinbase Expanding to Africa?

Coinbase’s CEO has recently announced its plans to integrate the Lightning Network protocol into their trading platform. This move could potentially open up opportunities for Coinbase to expand its operations in Africa.

21 Apr 2023
The Fortune Crypto 40: PayPal, OpenSea, Uniswap, and More

The Fortune Crypto 40: PayPal, OpenSea, Uniswap, and More

Fortune, the American business magazine, has recently released its inaugural Crypto 40 ranking of top cryptocurrency companies, featuring a mix of seasoned players and bright newcomers in the crypto industry.

21 Apr 2023
AI-Generated CEO Scams: Taking Crypto Fraud to the Next Level?

AI-Generated CEO Scams: Taking Crypto Fraud to the Next Level?

Crypto scam projects are getting more creative by the day. California’s financial regulator has accused two firms of devising elaborate fraudulent schemes, complete with actors and AI to impersonate CEOs – talk about commitment to the con! Desist orders were issued against companies like Harvest Keeper, Visque Capital, and Maxpread Technologies.

21 Apr 2023
Japanese Banks Launch MoneyTap Blockchain Payment System

Japanese Banks Launch MoneyTap Blockchain Payment System

With the MoneyTap platform, Yamaguchi, Momiji, and Kitakyushu, three Japanese banks managed by SBI Remit, offer international transaction services using blockchain technology.

20 Apr 2023
Gary Gensler’s Position at SEC in Jeopardy

Gary Gensler’s Position at SEC in Jeopardy

Congressman Warren Davidson has announced his intention to remove Gary Gensler from his position as the current chair of the US Securities and Exchange Commission (SEC), putting Gensler’s career in jeopardy.

20 Apr 2023
Elon Musk Claims Microsoft Illegally Trained AI on Twitter Data

Elon Musk Claims Microsoft Illegally Trained AI on Twitter Data

Elon Musk, the CEO of both Tesla and Twitter, has threatened to sue Microsoft over allegations that the company illegally trained its artificial intelligence (AI) on Twitter data. Musk made the claims on Twitter after it was reported that Microsoft would cease supporting Twitter on its Smart Campaigns and Multi-platform tools.

20 Apr 2023
Ukraine’s Postage Stamps to Turn NFT (Pics)

Ukraine’s Postage Stamps to Turn NFT (Pics)

Ukraine loves NFT, and it’s ready to prove that by turning its war-time postage stamps into non-fungible tokens.

20 Apr 2023
NFT Collection from Collapsed 3AC to be Auctioned by Sotheby’s

NFT Collection from Collapsed 3AC to be Auctioned by Sotheby’s

On April 19, Sotheby’s revealed plans to auction a distinctive digital art collection originating from the now-dissolved crypto hedge fund, Three Arrows Capital (3AC). The assortment comprises nonfungible tokens (NFTs) curated as a segment of 3AC’s digital portfolio in 2021.

20 Apr 2023
Green Crypto Mining: Powering with Animal Waste

Green Crypto Mining: Powering with Animal Waste

Irish farmers are utilizing anaerobic digestion, a process that converts animal waste into biogas, to generate electricity and power cryptocurrency mining.

17 Apr 2023
Arbitrum DAO Shake-Up: Where Will 700 Million ARB Go?

Arbitrum DAO Shake-Up: Where Will 700 Million ARB Go?

On March 16th, the Arbitrum Foundation made a big announcement about their ARB token airdrop and the creation of the Arbitrum DAO. This news was met with much excitement and positivity in the cryptocurrency community. It gave the market a boost of optimism. However, things have taken a mysterious turn with the Arbitrum DAO and it’s unclear what is going on.

13 Apr 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.