06 Apr 2025

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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.

Microsoft’s AI-powered Bing search engine now available

Microsoft’s AI-powered Bing search engine now available

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.

The Coinomist
Burger King in Paris Introduces Crypto Payments

Burger King in Paris Introduces Crypto Payments

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.

Kateryna Salnichenko
ElmonX Releases NFTs for the Royal Couple’s Wedding Anniversary

ElmonX Releases NFTs for the Royal Couple’s Wedding Anniversary

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”.

Kateryna Salnichenko
Writers Fights AI Use in Hollywood Scripts

Writers Fights AI Use in Hollywood Scripts

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.

The Coinomist
Meta Reports Losses, Says It’s Doing Good

Meta Reports Losses, Says It’s Doing Good

Meta is feeling bullish even though the numbers are telling a different story.

Lesia Dubenko
Blockstream Engineer: Bitcoin Set for Layer 2 Explosion

Blockstream Engineer: Bitcoin Set for Layer 2 Explosion

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”.

The Coinomist
$1 Million bitcoin forecast cancelled

$1 Million bitcoin forecast cancelled

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.

The Coinomist
Omni-Chain Protocol Array Raises $10 Million from Temasek

Omni-Chain Protocol Array Raises $10 Million from Temasek

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.

Yuliia Rokytska
A Second Chance for the Worst NFT Traders

A Second Chance for the Worst NFT Traders

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.

The Coinomist
Legal Battle Looms for Coinbase Execs

Legal Battle Looms for Coinbase Execs

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 Coinomist
OFAM NFTs: How to Support Art and Participate in a DAO

OFAM NFTs: How to Support Art and Participate in a DAO

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.

Yuliia Rokytska
Gemini Foundation Launches Non-US Derivatives Platform

Gemini Foundation Launches Non-US Derivatives Platform

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.

The Coinomist
Coinbase Launches International Exchange

Coinbase Launches International Exchange

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.

The Coinomist
The Bitcoin mempool is overwhelmed

The Bitcoin mempool is overwhelmed

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.

The Coinomist
Musk’s Tweet Boosts Cult DAO Token, Price Doubles

Musk’s Tweet Boosts Cult DAO Token, Price Doubles

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.

The Coinomist
Crypto Laundering Network Shut Down by FBI and Ukrainian Police

Crypto Laundering Network Shut Down by FBI and Ukrainian Police

National Police in cooperation with the FBI shut down a network of services for exchanging cryptocurrencies obtained through crime.

The Coinomist
Coinbase vs. SEC Battle is Looking to Get Heated

Coinbase vs. SEC Battle is Looking to Get Heated

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.

Lesia Dubenko
Microstrategy Stands Firm with its Bitcoin Holdings

Microstrategy Stands Firm with its Bitcoin Holdings

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.

The Coinomist
Another Crypto Scam Fades to Black

Another Crypto Scam Fades to Black

And more people have lost their money in yet another crypto scam dubbed Harvest Keeper.

Lesia Dubenko
FOMO and Peer Pressure: Crypto’s Investment Recipe

FOMO and Peer Pressure: Crypto’s Investment Recipe

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.

The Coinomist
Gemini to Exit the US Market

Gemini to Exit the US Market

Due to increasing pressure from American regulators, many cryptocurrency exchanges are leaving the US markets. Is Gemini the next one to follow suit?

Iaroslava Kramarenko
Put on Your Red Shoes and Dance the Blues: “Let’s Dance” Goes NFT

Put on Your Red Shoes and Dance the Blues: “Let’s Dance” Goes NFT

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.

Lesia Dubenko
EU Advances Bill to Regulate AI

EU Advances Bill to Regulate AI

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.

The Coinomist
$GENSLR Coin Airdrop? Yup

$GENSLR Coin Airdrop? Yup

Want to get some $GENSLR? You better do it fast.

Lesia Dubenko
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.

The Coinomist
Shibetoshi Nakamoto: The Man Behind Dogecoin and the Meme Revolution

Shibetoshi Nakamoto: The Man Behind Dogecoin and the Meme Revolution

Shibetoshi Nakamoto didn’t wear hoodies or chase venture capital. He never claimed he was going to reinvent finance or save the world with blockchain. He just cracked a joke.

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.