Everything web3, crypto, defi, degen
In brief A revised class action accuses Pump.fun and its infrastructure partners of operating a racketeering enterprise modeled on unlicensed gambling. Plaintiffs claim the meme coin ecosystem functioned like a digital slot machine, extracting billions from retail users. The case, brought by Burwick Law, remains unproven in court and reflects the firm’s growing presence in…
In brief Prometheum can custody a handful of tokens, but it’s now racing to support on-chain securities, founder and co-CEO Aaron Kaplan said. Kaplan testified on Capitol Hill in 2023 that the SEC had laid out a clear path to compliance for crypto firms. Some tokenized offerings resemble gambling, Kaplan argued. Tokenization could revolutionize finance,…
Results for the July DFIP & CFP Voting Round Jul 23, 2025 One DeFiChain Improvement Proposal (DFIPs) was up for vote in the latest governance voting round and here are the final results.DFIPs:Listing of New Wrapped Crypto TokensDFIPsDFIP 1: Listing of New Wrapped Crypto TokensWith the integration of DMC support, DeFiChain users would then be…
In brief Ethereum has significantly outpaced Bitcoin in recent months, with a 67% gain against Bitcoin’s 18% in the last month alone. The gap between Ethereum and Bitcoin ETF inflows is converging, dropping from 45 times to just 1.6 in the past four months. Analysts anticipate Ethereum soaring past $8,000, driven by institutional adoption, regulatory…
In brief SpaceX has consolidated $153 million worth of Bitcoin into a single on-chain wallet, Arkham Intelligence data shows. The private company holds 8,285 Bitcoin, or $990 million worth of the token, on its balance sheet. -The movement comes as investors raise concerns about SpaceX, particularly following Elon Musk’s public feud with U.S. President Donald…
In brief A Dogecoin network upgrade proposal could see zero-knowledge proofs and zk-rollups introduced to the meme coin blockchain. One of the proposal’s authors said that it would mark a “massive shift” in the blockchain’s capabilities. It would unlock the potential to create scalable games, apps, and protocols on the Dogecoin network. Developers have proposed…
In brief Solana reached $200, its highest in five months, alongside a $1.5 billion rise in open interest over three days. Options data signals growing investor caution, with implied volatility and 30-day skew both spiking. Upcoming macro events—including Fed remarks, jobless claims, and a rate decision—may test the rally. Solana climbed to a five-month high…
In brief Roman Storm’s lawyers said Monday they may file a motion for a mistrial, due to alleged holes in the prosecution’s case against their client. The U.S. government has so far failed to prove that Tornado Cash was used in some of the cybercrimes recounted by their witnesses at trial, according to Storm’s lawyers.…
In brief Pump.fun boasts some of the most impressive numbers in the entire crypto industry, growing faster than any crypto app before it. It recently raised $600 million in an ICO, but it’s PUMP token is now close to falling below its ICO price. As competitors rise and Pump.fun’s revenue slows, can the Solana meme…
In brief CoinDCX confirmed a $44 million hack on July 19 that affected an internal liquidity account, while assuring that customer funds remain safe. The exchange launched a bounty program offering up to 25 percent of recovered funds, with a potential payout of $11 million to those who assist in tracing the stolen assets. The…
