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Pump.fun has again moved a large part of its transaction fee income. On-chain data shows that the project transferred 154,000 SOL (approximately $24.39 million) to centralized exchange Kraken over nine hours.
This sale is part of a pattern in which the earnings of Pump.fun are moved to liquid assets every one to two weeks.
Even though this practice is not new for Pump.fun, the timing and context...
The NFT market is appearing again, as OpenSea, the largest NFT marketplace, shows a major rise in user activity right before its long-awaited airdrop and token generation event (TGE) for $SEA.
But overall trading volume is still well below the highs of the bull market; however, recent user engagement data suggest that the NFT space might be heating up again.
Monthly Active Users Hit 2-Year High...
Founder of Cardano, Charles Hoskinson, has officially launched Cardinal, the first Bitcoin-focused, decentralized finance (DeFi) protocol, which is built on the Cardano blockchain.
This event is a major step forward in blockchain interoperability. Now, Bitcoin users can interact with Cardano’s DeFi ecosystem without surrendering custody of their assets. Cardinal contains several advanced...
Societe Generale’s crypto-focused subsidiary SG-Forge is advancing into the rapidly expanding digital asset ecosystem with the imminent launch of a US dollar-pegged stablecoin named USD CoinVertible, or USDCV.
This new token, which begins trading in early July, will be deployed on both the Ethereum and Solana blockchains. This move demonstrates SG-Forge’s commitment to offering stable, well-...
A collaboration between the social media platform X, under the direction of Elon Musk, and Polymarket, a top digital market prediction service, has the potential to fundamentally alter not just what people see when they log onto X but also—thanks to Grok, an AI chatbot from Musk’s startup xAI—how they understand it.
This is how the announcement on Friday, part press release, part promotional...
One of the world’s leading cryptocurrency exchanges, Coinbase, is making big strides in addressing a long-standing problem that has frustrated users for years: unexpected and prolonged account freezes.
Co-founder and CEO Brian Armstrong admits that the issue has gone on “longer than is acceptable,” but he and the rest of the company are determined to make it a top operational priority going...
On June 6, 2025, ALEX Protocol, a decentralized finance platform operating on the Stacks blockchain, suffered a substantial security breach that resulted in the loss of over 8.3 million dollars’ worth of digital assets.
The incident stemmed from a defect in the protocol’s self-listing verification logic, a shortcoming connected to limitations of the Stacks network. The defect let an attacker...
The week is ending on a positive note for the cryptocurrency market, which is now showing a semblance of life—”a modest rally”—in several major digital assets.
Even with this rally, however, Bitcoin seems to be experiencing rising downside pressure as long-term holders cash out in what appears to be the market’s first profit-taking episode since the price breakthrough earlier this month. With...
A blazing public argument has broken out between President Donald Trump and tech tycoon Elon Musk.
Musk has sharply criticized Trump’s controversial $1.7 trillion tax-cut and spending package. A policy disagreement that started with Musk calling Trump and his policies malaise has become a political and financial standoff with serious ramifications for both the markets and Musk’s business empire...
In 2024, the ten most significant launches of crypto tokens amassed over $1 billion.
Although this amount and the average per offering are large and very respectable, even by pre-2022 Bitcoin and Ethereum standards, they do not, in and of themselves, tell us anything about these tokens’ futures or the investors’ amounts of happiness in the future with regard to these tokens.
When those future...