Everything web3, crypto, defi, degen
In brief Pump.fun is a protocol that enables users to easily create meme coins on the Solana network. The platform has served as the launchpad for meme coins including Fartcoin, Peanut the Squirrel, Moo Deng and Chill Guy, as well as celebrity-endorsed meme coins. Pump.fun’s livestreaming feature has seen meme coin creators performing stunts on…
Bitcoin dominance has dropped to 61.6%, its lowest level in three months, just as Ethereum surged to a six-month high and the global crypto market cap topped $4 trillion. This marks the most decisive capital rotation into altcoins since April, suggesting the early stages of a new alt-season.What’s HappeningBTC Dominance Breaks DownBitcoin’s share of the…
In brief Hungary’s updated criminal code imposes penalties up to 8 years in prison for unlicensed crypto exchange operators and up to 5 years for large-scale traders. The law targets illegal operations while allowing compliant exchanges to continue operating, though unclear implementation details have created market uncertainty. EU-licensed exchanges will be able to operate in…
In brief Shane Donovan Moore, a former semi-pro rugby player, was sentenced to 30 months in prison for defrauding over 40 investors out of $900,000 through a fake crypto mining scheme. Moore promised 1% daily returns from mining equipment that didn’t exist, using investor money to fund a lavish lifestyle and repay earlier victims in…
In brief OpenAI launched ChatGPT Agent, enabling AI to complete complex tasks using a virtual computer. The tool raises security concerns, including prompt injection attacks. OpenAI added safeguards, but warned users to stay cautious. OpenAI has unveiled its most autonomous AI tool yet: a version of ChatGPT that can browse the web, run apps, and…
In brief The Nasdaq has filed a 19b-4 rules change request that would allow BlackRock’s iShares Ethereum Trust ETF to add staking. The filing is the latest for Ethereum funds hoping to include staking functionality. Ethereum funds have pulled in $2.3 billion worth of investment over a nine-day streak. BlackRock aims to include staking in…
In brief Ripple co-founder and XRP co-creator Chris Larsen has moved more of his coins to Coinbase. Could he be preparing to sell as XRP closes in on a new high after seven years? XRP is only pennies away from breaking its 2018 record mark of $3.40. Ripple co-founder and Executive Chairman Chris Larsen has…
In brief More than 40 top AI researchers propose monitoring chatbots’ internal “chain of thought” to catch harmful intent before it becomes action. Privacy experts warn that monitoring these AI thought processes could expose sensitive user data and create new risks of surveillance or misuse. Researchers and critics alike agree that strict safeguards and transparency…
In brief Jarett Dunn is being held in a London prison on remand after breaking his bail conditions. The former Pump.fun senior developer drained $2 million from the Solana meme coin factory last year. He admitted to the crime and pleaded guilty, but is now seeking to withdraw his plea. Since the attack, Pump.fun has…
In brief Canary has filed with the SEC to debut a staked Injective ETF. INJ is the native token of Injective, a layer-1 blockchain. The filing is one of several requests by issuers and exchanges to make crypto-based ETFs with staking available to U.S. investors. Canary Capital applied for a staked Injective exchange-traded fund, according…
