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Browsing Category
Crypto
Pump.fun memecoins are dying at record rates, less than 1% survive
The memecoin frenzy on Pump.fun is hitting a wall, with the platform’s “graduation rate” sinking below 1% for a fourth straight week.“Graduation rate” is the memecoin launchpad’s…
Bitcoin panic selling costs new investors $100M in 6 weeks — Research
Bitcoin speculators suffered losses of over $100 million in just six weeks thanks to panic selling, new research calculated.Data from onchain analytics platform CryptoQuant…
Hong Kong crypto payment firm RedotPay wraps $40M Series A funding round
Hong Kong-based crypto payment platform RedotPay closed a $40 million Series A funding round led by Lightspeed, with participation from HSG and Galaxy Ventures.RedotPay aims to…
Calls for stricter rules on political memecoins after $4B Libra collapse
Industry voices have warned that presidentially endorsed cryptocurrencies must adopt stronger investor protections and liquidity safeguards to prevent another major market…
US court gives Three Arrows nod to increase its FTX claim to $1.53B
A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120…
Texas court issues judgment against Bancor DAO after it ignored summons
A Texas federal judge has entered a default judgment against Bancor DAO, which operated the decentralized finance platform Bancor, after it failed to respond to an online summons. …
Association seeks to overturn Arkansas law aimed at foreign crypto miners
The Arkansas Cryptomining Association is suing two Arkansas state officials, arguing that they enforced an unconstitutional and discriminatory state rule prohibiting foreign-born…
Solana proposal to cut inflation rate by up to 80% fails to pass
A proposal to dramatically change Solana’s inflation system has been rejected by stakeholders but is being hailed as a victory for the network’s governance process.“Even though our…
Democrat lawmaker urges Treasury to cease Trump’s Bitcoin reserve plans
A Democrat lawmaker has called on the US Treasury to “cease all attempts” to create a strategic crypto reserve in the United States, citing conflicts of interest with US President…
Ethereum pushes back Pectra upgrade to conduct third testnet ‘Hoodi’
Ethereum core developers have decided to create a third testnet, Hoodi, to better prepare for the Pectra upgrade, which has now been delayed until at least late April after the…