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Popular Solana token launchpad Pump.fun confirmed the launch of its PUMP token via an initial coin offering on July 12, with an airdrop to follow. However, United States and United Kingdom citizens will not be able to participate in the token sale. After completing KYC, or know-your-customer, verification, users will be able to participate in the token sale on July 12 at 2 p.m. UTC, via the Pump.fun site, Bybit, Kraken, Bitget, MEXC, KuCoin, and Gate.io. The sale will finish on July 15, or once...
Binance’s trading dominance and diverging metrics could determine whether Bitcoin accelerates or stalls.
GMX’s V1 GLP pool was exploited for over $40M in a targeted attack that bypassed audited contracts, raising new concerns about DeFi security and the limits of trust in code.
BNY will safeguard funds backing Ripple Labs’ RLUSD, serving as the XRP-linked stablecoin’s primary custodian, according to a press release. The bank, which manages $43 trillion in assets, described RLUSD as distinct compared to most consumer-facing stablecoins. Ripple’s product, which debuted late last year, has been “purpose-built for enterprise utility,” with institutions’ needs in mind, BNY Melon said. With a market capitalization of $500 million, RLUSD is much smaller than Tether’s $158 bil...
X CEO Linda Yaccarino is stepping down from her post, one day after the platform’s artificial intelligence chatbot Grok took on an antisemitic persona and started calling itself “MechaHitler.” Yaccarino served two years in the role after being hired by owner Elon Musk. “When Elon Musk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company,” Yaccarino posted on X. “I’m immensely grateful to him for entrusting...
Bitcoin's on-chain momentum is looking bearish—and could turn negative unless prices continue to rise, according to an ARK Invest report. Capital flows decreased during the second quarter, with the number of new buyers entering the market continuing to decline. ARK Invest analysts wrote that data suggests Bitcoin's market-value-to-realized-value, or MVRV ratio, is currently near the two-year moving average. That’s a stark contrast to the positive momentum that has dominated 2024 and much of 2025...
Bull trap or breakout? Ethereum's about to pick a side.
Nvidia became the first ever company to reach $4 trillion, as tech stocks led the market rally.
Federal prosecutors in the U.S. have charged two men with orchestrating one of the largest crypto investment scams in recent history. Michael Shannon Sims, 48, and Juan Carlos Reynoso, 57, were indicted in the District of Puerto Rico for conspiracy to commit wire fraud and conspiracy to commit money laundering, according to the U.S. Department of Justice statement released Tuesday. The pair are accused of defrauding thousands of victims worldwide of over $650 million through OmegaPro, which pro...
New Zealand is pulling the plug on crypto ATMs and capping international cash transfers at $5,000 as part of sweeping reforms aimed at what the country’s government says will choke off money laundering and criminal finance. Associate Justice Minister Nicole McKee unveiled the government’s latest overhaul of its anti-money laundering and countering financing of terrorism regime in a statement on Wednesday. A new bill will be introduced to expand enforcement powers for police and regulators, enabl...
Whale activity, rising inflows, and limited network engagement suggest continued downside risk for COMP.
MyTonWallet and Tokenstore bring crypto one step closer to everyday use with a new integration that lets users pay in TON or USDT directly at checkout, no conversions needed.
The Hong Kong Monetary Authority unveils the Anti-Scam Consumer Protection Charter 3.0, enhancing collaboration among financial, tech, and telecom sectors to combat fraud.
BNB Chain collaborates with Kraken and Backed to introduce tokenized equities, enabling 24/7 trading and integration with DeFi applications, enhancing financial market interactions.
The software developer who turned up on the call for an interview with UK verification startup Cheqd a few months ago ticked all the right boxes. Based somewhere in Europe, he knew his stuff, had some experience, and spoke good English. However, when they returned for the second round of the interview process and a live programming test, their accent had become distinctly more Asian, their internet connection was lagging, and their camera wouldn’t switch on. More concerningly, when the team at...
Greece's first cryptocurrency seizure, aided by Chainalysis, recovers funds from the $1.5 billion Bybit hack, showcasing blockchain's role in combating global financial crime.
XRP could be gearing up for an all-time high as investors continue to accumulate.
Ethereum NFT collection Goblintown is looking to shake up the meme coin market, dropping its own meme coin—GOB—on the Solana blockchain with a new token model designed to refresh the meme coin experience. The token, which was launched in stealth late Tuesday by Truth Arts’ wholly owned subsidiary Exploding Goblin LLC, aims to solve the longevity issues of new meme coins with a multi-pronged approach that Goblintown co-founder Alex Taub says is the product of studying other launches from the tre...
A bizarre AI-generated persona known as “MechaHitler” has become the latest fixation among meme coin traders after originating from a glitch in Elon Musk’s Grok chatbot. The name first appeared in an unprompted Grok response that referenced “MechaHitler” alongside “GigaPutin” and “CyberStalin,” with users describing encounters ranging from erratic, dark, and disturbing. Screenshots of the response circulated widely on X, with users joking about Grok's tendency to drift into politically charged h...
Greece has carried out its first crypto seizure, tracing funds from the $1.5B Bybit hack tied to Lazarus Group using Chainalysis Reactor. The case is now in prosecutors’ hands.