04 Apr 2025

light mode

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.

AI Scandal: Schumacher’s Family to Sue a Magazine

AI Scandal: Schumacher’s Family to Sue a Magazine

The media is now using AI to be even nastier than usual.

Lesia Dubenko
Should Ukraine adopt EU’s MiCA crypto asset regulations?

Should Ukraine adopt EU’s MiCA crypto asset regulations?

Deputy Minister Alex Bornyakov of Ukraine’s Ministry of Digital Transformation has voiced his support for the adoption of certain provisions from the European Union’s MiCA regulations on crypto assets. Bornyakov believes that integrating these essential aspects of MiCA into Ukraine’s regulatory framework will facilitate the seamless integration of crypto businesses.

The Coinomist
Gate Exchange Faces Criticism for High Fees

Gate Exchange Faces Criticism for High Fees

The renowned digital exchange, Gate.io, is feeling the brunt of user outrage due to excessive fees on transactions involving BRC-20 tokens, particularly the “ordinals”.

Iaroslava Kramarenko
Fake Pentagon Explosion Image Causes Brief Stock Market Dip

Fake Pentagon Explosion Image Causes Brief Stock Market Dip

The illusion of a Pentagon explosion, brought to life by artificial intelligence, briefly startled stock markets and highlighted once again the perils of AI-engineered deception.

The Coinomist
Stepn Enables In-App NFT Trades on iPhones

Stepn Enables In-App NFT Trades on iPhones

Stepn, an Australian-based blockchain-enabled fitness app, has made a significant stride in the crypto world. The app, which awards users with cryptocurrency rewards, announced that its patrons can now directly buy and sell Stepn’s digital assets within the app, rather than needing to switch to an external marketplace.

The Coinomist
Day Zero Conference in Kyiv: Key Highlights

Day Zero Conference in Kyiv: Key Highlights

The cryptocurrency-focused Day Zero event was held at the Unit.City complex in Kyiv on May 20, brought together by Ethereum Kyiv and a multitude of partners.

Artem Khomenko
Vitalik Buterin Warns Against Overloading Ethereum’s Consensus

Vitalik Buterin Warns Against Overloading Ethereum’s Consensus

In a comprehensive blog post titled “Don’t overload Ethereum’s consensus” Ethereum co-founder Vitalik Buterin has shed light on the potential dangers of extending Ethereum’s consensus beyond its fundamental role of validating blocks and securing the network.

The Coinomist
Tornado Cash Governance Falls Prey to Malicious Hijack

Tornado Cash Governance Falls Prey to Malicious Hijack

In an alarming incident that highlights the potential vulnerabilities of decentralized systems, an attacker has managed to gain full control of the governance mechanism of Tornado Cash, a popular decentralized crypto mixer.

The Coinomist
Game Boy Transforms Into a Crypto Wallet

Game Boy Transforms Into a Crypto Wallet

In the ever-evolving crypto world, innovation often takes us to surprising places. This time, it’s led us back to the past – specifically, to the classic Nintendo Game Boy. The beloved handheld gaming device of the ’90s is getting a modern facelift thanks to crypto startup Keyp, which is turning it into a secure hardware wallet for cryptocurrencies.

The Coinomist
Crypto Scammer Hooked on a Kraken Bait

Crypto Scammer Hooked on a Kraken Bait

Streamer Kitboga has news for you: he’s got new wallets to entice you with on the Kraken exchange so you better don’t scam others.

Lesia Dubenko
Former Twitter Co-Founder Jack Dorsey Unveils New Web Platform

Former Twitter Co-Founder Jack Dorsey Unveils New Web Platform

At the Bitcoin 2023 event in Miami, a new announcement came from TBD, a subsidiary of the fintech firm Block led by CEO Jack Dorsey. The unveiling pertained to a novel decentralized web platform named Web5, designed to revolutionize how identity and data storage function in the digital world.

The Coinomist
Space Pepes Seizes the Bitcoin NFT Crown

Space Pepes Seizes the Bitcoin NFT Crown

The popularity of Bitcoin-based NFTs is gaining momentum, with collections like Space Pepes and Bitcoin Frogs challenging Ethereum’s long-standing dominance in the NFT space. The Space Pepes collection, a range of unique Bitcoin-based digital collectibles, ranked as the top-selling NFT collection in the past 24 hours, registering about $7.3 million in trading.

The Coinomist
Fancy launching your own NFT brand? Join Solana’s сontest!

Fancy launching your own NFT brand? Join Solana’s сontest!

Solana has rolled out the NFT Showdown, an initiative targeting aspiring entrepreneurs eager to curate a digital compilation. This opportunity spans various domains, including fashion, gaming, and pure recreational delight.

Anton Kryshtal
Free NFTs from Alo Yoga: A New Way to Attract Customers?

Free NFTs from Alo Yoga: A New Way to Attract Customers?

Alo Yoga, a popular retail chain specializing in casual and sportswear for yoga, is now offering free NFTs to customers via the Polygon network.

Anton Kryshtal
EU Adopts MiCA Regulations: What Lies Ahead for Cryptocurrencies?

EU Adopts MiCA Regulations: What Lies Ahead for Cryptocurrencies?

The European Union has adopted a new legislative framework for the crypto asset market (MiCA). Even though the development of this document began back in 2020, the issue of regulation has become increasingly urgent, especially following the problems that emerged in 2022.

Dmytro Psevdonimenko
Challenges Arise with Worldcoin’s Identity Verification

Challenges Arise with Worldcoin’s Identity Verification

As the highly anticipated launch of Worldcoin’s token approaches, concerns are mounting regarding the integrity of its unique individual verification process. Co-created by Sam Altman from OpenAI, Worldcoin aims to distribute tokens to those who can prove their uniqueness by undergoing iris scans using Worldcoin’s specialized orbs.

The Coinomist
ChatGPT Launches iOS App for Enhanced On-The-Go Experience

ChatGPT Launches iOS App for Enhanced On-The-Go Experience

OpenAI’s revolutionary AI-powered language model, ChatGPT, has extended its horizon by launching a dedicated iOS app. This new development aims to facilitate users who wish to interact with ChatGPT while on the move.

The Coinomist
Adapting to Crypto Winter: Coinbase One Goes Global

Adapting to Crypto Winter: Coinbase One Goes Global

Coinbase, one of the globe’s leading crypto exchanges, is extending its subscription service, ‘Coinbase One,’ to 35 countries. The expansion aims to boost user retention and create steady income in the midst of a challenging crypto market.

The Coinomist
DayZero: Kyiv Gears Up for a Monumental Web3 Gathering | May 20th

DayZero: Kyiv Gears Up for a Monumental Web3 Gathering | May 20th

Ahead of the ETH: Kyiv hackathon, DAYZERO, a Web3 event, is being organized by the Web3Go studio. It is backed by notable partners such as WhiteBIT, 1inch, MC.today, Incrypted, Hacken, and others. Unit.City will host the gathering.

Kateryna Salnichenko
DeFi Not Beyond Regulatory Scope, CFTC Chair Declares

DeFi Not Beyond Regulatory Scope, CFTC Chair Declares

In a recent discussion on Bloomberg’s Odd Lots podcast, Rostin Behnam, the Chair of the Commodity Futures Trading Commission (CFTC), underscored that decentralized crypto exchanges would be regulated, either by the CFTC or the Securities and Exchange Commission. This applies even if they’re built on “self-effectuating” protocols that are merely code.

The Coinomist
Independent Auditor Report Confirms Tether’s Dollar Peg

Independent Auditor Report Confirms Tether’s Dollar Peg

Independent audit firm BDO has compiled a reserve report for Tether Limited’s board of directors. This is a crucial step that every stablecoin issuer must take, but, unfortunately, not everyone follows this rule.

Iaroslava Kramarenko
Hong Kong Launches CBDC Program

Hong Kong Launches CBDC Program

In a substantial step forward for the worldwide implementation of central bank digital currencies (CBDCs), the Hong Kong Monetary Authority (HKMA) unveiled its pilot program for the electronic Hong Kong dollar (e-HKD) on Thursday, explaining the digital currency’s numerous possible applications in payments and tokenized deposits.

The Coinomist
Frogs Rule the Day: Bitcoin NFTs Surpass Bored Apes

Frogs Rule the Day: Bitcoin NFTs Surpass Bored Apes

In a significant moment for the burgeoning Ordinals market, Bitcoin Frogs has outpaced Bored Apes to become the highest traded non-fungible token (NFT) collection in the past 24 hours. With nearly 700 transactions, the collection has amassed over $2 million in trade volume.

The Coinomist
BSIM: Hong Kong’s Blockchain-Based SIM Card

BSIM: Hong Kong’s Blockchain-Based SIM Card

Conflux Network,a public blockchain, in partnership with China Telecom, China’s second largest wireless communication operator, has unveiled its inaugural blockchain-based SIM card (BSIM).

Hennadii Cholovenko
John Stark vs. Paolo Ardoino: A Verbal Duel for Trust

John Stark vs. Paolo Ardoino: A Verbal Duel for Trust

A fervent discourse has been ignited on Twitter between John Reed Stark, a financial reporting expert, and Paolo Ardoino, the Chief Technical Officer of Tether. This verbal joust was sparked by Stark’s critique of the overall health of the company.

Anton Kryshtal
The Man Who Forgot $240M: A Bitcoin Tragedy for the Ages

The Man Who Forgot $240M: A Bitcoin Tragedy for the Ages

This is perhaps the most iconic crypto loss story of all time. In 2011, Stefan Thomas received 7,002 BTC for making a video. Today, that stash is worth $240 million. But he forgot the password. An entire fortune locked away forever.

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.