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.
In a remarkable turn of events, Elon Musk, founder of Tesla and SpaceX, has pledged to reward 1 million Dogecoin (DOGE) to anyone who can substantiate the existence of an enigmatic emerald mine, which certain media outlets have linked to his family.
Vishal Gupta, senior director of product management at crypto exchange Coinbase, has left the company, becoming the second top executive to depart in 2023.
SushiSwap, a decentralized finance protocol (DeFi), lost over $3 million on April 9 due to a smart contract bug.
The US regulators have recently dealt a series of significant blows to the largest cryptocurrency exchanges and have shifted their focus towards decentralized platforms. As a strong message, they have published a detailed report highlighting the potential risks involved in DeFi.
In a recent interview with The Guardian, Michael Kagan, the CTO of well-known GPU manufacturer NVIDIA, made a bold statement about cryptocurrencies. According to him, despite the fact that the industry has brought the company huge profits in 2021, cryptocurrencies do not provide any value to society.
As artificial intelligence (AI) rapidly progresses, governments around the world face an unprecedented challenge to regulate this emerging technology. Various countries have adopted distinct approaches to handling AI’s development and integration into society.
Montenegro’s Central Bank has forged a partnership with Ripple to examine the potential for a Montenegrin digital currency, which may take the form of a central bank digital currency (CBDC) or stablecoin. Although not a member of the Eurozone, Montenegro adopted the euro as its official currency in 2002.
dYdX has left the StarkEx (a Layer 2 network from StarkWare) and is moving to its own blockchain within the Cosmos ecosystem. In the meantime, the decentralized exchange has launched the private testing phase of dYdX v4. The reason for this step is probably StarkEx shortcomings.
Ukraine’s Verkhovna Rada recently voted in favor of issuing the country’s first digital NFT postal stamp by Ukrposhta, with 283 deputies supporting the initiative.
The digital artworks by Lee Mullican, a pioneering figure in the field, has been released in NFT format on the Tezos blockchain. Dubbed LeeMullican.PCX, the collection comprises 12 pieces and was published on the Feral File platform, a leading curator of NFT art exhibitions
Arkansas is making strides with the innovative Arkansas Data Centers Act of 2023, now approved by both the House of Representatives and Senate, and pending Governor Sarah Huckabee Sanders’ signature. This cutting-edge legislation seeks to provide a robust framework for Bitcoin miners, shielding them from prejudiced regulations and taxes while guaranteeing parity with data centers.
Crypto YouTuber and trader Lark Davis recently shared a thought-provoking tweet, stirring up new speculation about the enigmatic creator of Bitcoin, Satoshi Nakamoto. Davis, who goes by @TheCryptoLark on Twitter, proposed that Apple co-founder Steve Jobs might be the shadowy figure responsible for the groundbreaking digital currency.
Thailand has been grappling with economic challenges over the past few years, including high household debt and a sharp decline in tourism due to the COVID-19 pandemic.
This information was made public through an article on the cryptocurrency analysis website, DL News. The publication has been conducting a thorough investigative report on Do Kwon’s case for several months now.
Japan’s Liberal Democratic Party (LDP) is spearheading a distinctive approach to advance Web3 and crypto development as a core element of the country’s national agenda under Prime Minister Fumio Kishida. The LDP’s Web3 project team has endorsed a white paper that delineates a series of groundbreaking recommendations aimed at fostering the industry and promoting a crypto-accommodating environment.
Coinbase has joined six plaintiffs in a legal challenge against the US government’s sanctions on Tornado Cash, a privacy-focused cryptocurrency mixer. The parties argue that the sanctions imposed by the Office of Foreign Assets Control (OFAC) are a violation of their Constitutional rights and are seeking to reopen Tornado Cash for all US-based citizens.
The payment system Alchemy Pay, which makes transactions between fiat and crypto counterparts smooth, just got a major boost. Thanks to a partnership with investment firm DWF Labs, Alchemy Pay has secured $10 million in funding. Now they can keep the good times rolling and simplify crypto payments for everyone!
The highly anticipated bankruptcy claims exchange OPNX, co-founded by former Three Arrows Capital (3AC) managers Kyle Davies and Su Zhu, made a grand entrance on Tuesday—boasting a staggering $1.26 trading volume across all spot and derivatives markets. The exchange’s native token, FLEX, is down by 28% in the past 24 hours.
No, it’s not April Fool’s Day. Just Elon Musk is playing around with Twitter once again.
Switzerland’s major retail bank, PostFinance, has formed a partnership with Sygnum, the world’s first digital asset bank, to provide regulated cryptocurrency services to their customers. This alliance brings together traditional finance and digital assets, hinting at a crypto-influenced future for the banking industry.
The Wall Street Journal reported that in late 2018, Tether and some of its partners tried to maintain access to the international banking system using fake companies and forged documents. Is Tether’s reputation at risk again?
SEB and Crédit Agricole CIB have collaborated to launch so|bond, a digital bond platform utilizing the Proof of Climate awaReness protocol to boost efficiency and real-time data synchronization for capital market issuers.
Non-fungible tokens (NFTs) are now under the EU’s scrutiny as the Union is determined to keep fighting illicit financial activity.
Swiss Post has announced the upcoming launch of Crypto Stamp 3.0, a unique blend of the physical and digital worlds that features AI-generated stamps, which also serve as Non-Fungible Tokens (NFTs). The AI-designed stamps were created during Swiss Digital Days 2022, as an artificial intelligence system generated the patterns based on words selected by event visitors.
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.