Everything web3, crypto, defi, degen
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 The GENIUS Act, now signed into law, gives stablecoin issuers like Ripple a clear regulatory path but is expected to have limited direct impact on XRP’s price. Ripple’s new stablecoin, RLUSD, positions the company to compete domestically with USDC and PayPal USD as a native U.S. liquidity provider. Legal ambiguity around XRP’s classification…
In brief Tether CEO Paolo Ardoino said his company fully intends to register its flagship USDT stablecoin via the newly-signed GENIUS Act. The company will also likely offer another, U.S.-specific stablecoin in the American market. Circle CEO Jeremy Allaire said he believes his company is nonetheless poised to particularly benefit from the passage of the…
In brief President Trump signed the GENIUS Act into law Friday afternoon, in a White House ceremony attended by numerous crypto industry leaders. The bill establishes a framework for issuing and trading stablecoins in the United States. Banks, traditional finance players, and retail giants that have expressed interest in stablecoins now have the green light…
In brief Charles Schwab is interested in introducing a stablecoin, its CEO told investors this week. The potential stablecoin initiative comes as Schwab prepares to offer spot Bitcoin and Ethereum ETFs to its clients. Schwab is one of several large financial services firms exploring issuing its own stablecoin. Charles Schwab would like to issue its…
CRYPTO MARKET CAP TOPS $4T, XRP HITS ATH, ETH TREASURIES HEAT-UPXRP hits ATH, ETH nears $4k. BlackRock files to add staking to ETH ETF. Crypto market cap hits $4T for the first time. Trump to sign EO allowing crypto in 401k. Trump backs crypto tax exemptions: WH. Sharplink buys $115m ETH, to raise $6b to…
In brief XRP price set a new all-time high on Thursday, finally topping the seven-year old record. It previously peaked at $3.40 in 2018 during the ICO boom, per data from CoinGecko. Despite regulatory headwinds, which have mostly dissipated, XRP Ledger has been adopted by hundreds of financial institutions. The price of XRP rose to…
PUMP.FUN TOKENOMICS, $HYPE, BONKGUY METAETH leads crypto majors higher, BTC dominance falls. US House taking steps for US to be crypto capital. Sharplink to buy $20m ETH, stock pops 12%. GameSquare raises $8m to buy ETH, stock +60%. Bit Digital stock keeps pumping on ETH pivot. BioSig, StreamEx to tokenise commodities on SOL. Phantom intros…
ETH CONTINUES TO RISE, PHANTOM LAUNCHES PERPS, TRUMP SHELVES TARIFFSETH leads crypto majors higher, BTC dominance falls. US House taking steps for US to be crypto capital. Sharplink to buy $20m ETH, stock pops 12%. GameSquare raises $8m to buy ETH, stock +60%. Bit Digital stock keeps pumping on ETH pivot. BioSig, StreamEx to tokenise…
We are proud to share that we closely collaborated with the United States Secret Service (USSS) on an extensive investigation into a crypto fraud scheme. Fraudsters used social engineering techniques to build trust with victims over time, an approach commonly known as “pig butchering.” This joint effort resulted in the largest-ever crypto seizure by the…
