LetsBonk Surpasses Pump.fun in Market Share
LetsBonk’s share among platforms for launching meme-coins surged from 5% to 64% in a month. Meanwhile, former leader Pump.fun saw its share plummet from 90% to 24%, reports The Block.
LetsBonk Surpasses Pump.fun in Market Share
LetsBonk’s share among platforms for launching meme-coins surged from 5% to 64% in a month. Meanwhile, former leader Pump.fun saw its share plummet from 90% to 24%, reports The Block.
Whales Withdraw Bitcoin and Ethereum from Wallets
The cryptocurrency market is witnessing significant activity from major holders, a trend observed in both the Bitcoin and Ethereum networks. An unknown whale transferred 10,603 BTC worth $1.26 billion after several years of inactivity, according to Lookonchain, citing Arkham data. 3 wallets (likely belonging to the same whale) just transferred 10,606 $BTC($1.26M) out after being […]
MetaMask Developer ConsenSys to Lay Off 47 Employees Amid Crypto Market Growth
ConsenSys, the company behind the development of the most popular Web3 wallet, will lay off 47 employees—7% of its total workforce, according to Bloomberg.
FBI Concludes Investigation into Jesse Powell
The United States Federal Bureau of Investigation (FBI) has concluded its inquiry into Jesse Powell, co-founder of Kraken, regarding allegations of hacking a nonprofit organization he established. This was reported by Fortune, citing documents from the Department of Justice. Authorities also returned equipment seized during searches of Powell’s home, including dozens of laptops and phones. […]
Pump.fun Token Falls Below ICO Price
The native coin of the “meme-token factory” Pump.fun has dropped below the $0.004 level at which it was sold during the token sale. At the time of writing, PUMP is trading at $0.0037. Hourly chart of PUMP/USDT on Bybit exchange. Source: TradingView. From its peak values of around $0.0068, the token has fallen by 45%, […]
Tornado Cash Co-Founder’s Defense Seeks Dismissal of Legal Proceedings
Lawyers for Tornado Cash developer Roman Storm plan to file a motion to dismiss the legal proceedings. This was reported by Inner City Press. The defense argues that witness testimonies are not directly related to the charges against their client. Storm’s lawyers challenged the testimony of witness Hanfeng Li, who claimed to have lost about […]
TD Cowen Defends Strategy’s Stock Valuation
Analysts at TD Cowen have dismissed critics’ claims of Strategy’s stock being overvalued as “logically flawed,” reports The Block. They argue that the company’s strategy of issuing shares and raising capital does not dilute, but rather increases, each investor’s share of bitcoin. The premium on Strategy’s net asset value stands at 72.6%. This is the […]One-Third of American Teens Use Chatbots for Social Interaction
Among American teenagers, 72% have experimented with AI companions, according to a study by the nonprofit organization Common Sense Media. The term “companions” in the study refers to chatbots designed for more personal and emotional conversations, rather than educational assistants, image generators, or voice assistants that answer questions. Examples of such solutions include digital characters […]
Analyst calls time on the era of “mass altseasons”
The next altseason will not lift the whole market; only a few projects will outpace bitcoin’s returns. The reason is saturation and waning correlations between assets, argues CryptoQuant contributor and on-chain analyst Timo Oinonen. Tron as an Altseason Indicator (via @cryptoquant_com) [Context] Tron (TRX) is a blockchain ecosystem that focuses on decentralizing the internet through […]
Hackers Infect Over 3,500 Websites with Monero Cryptojacker
Cybercriminals have infected more than 3,500 websites with scripts for covert cryptocurrency mining, according to cybersecurity firm c/side. The malware does not steal passwords or lock files. Instead, it uses a small portion of computing power without user consent to mine Monero. The miner avoids suspicious CPU load, making it difficult to detect. “By limiting […]
Telegram’s TON Wallet Now Available to U.S. Residents
On July 22, the non-custodial TON Wallet enabled American users to manage digital assets via the Telegram messenger. This was reported to ForkLog by the service’s developers. At launch, U.S. residents have access to cryptocurrency transfers within Telegram chats, integrated trading and analytics tools, staking, transaction signing, direct deposit, and withdrawals to bank cards through […]
Coinbase Introduces Perpetual Futures for U.S. Traders
The largest American cryptocurrency exchange, Coinbase, has launched trading of perpetual futures for users in the United States. The platform offers contracts on Bitcoin and Ethereum. The product is available through the Coinbase Financial Markets division and is regulated by the Commodity Futures Trading Commission (CFTC). Coinbase noted that American traders have been unable to […]We use cookies to improve the quality of our service.
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