Pump.Fun Hit With Proposed Class Action Lawsuit Alleging Securities Violations
The suit alleges that Pump.fun has made nearly $500 million in fees from helping users generate memecoins.
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The suit alleges that Pump.fun has made nearly $500 million in fees from helping users generate memecoins.
Expanding to Ethereum will help GraFun capture newer audiences, tap into higher liquidity for meme issuances and increase the platform’s visibility among crypto traders.
Data, however, show no uptick in Runes protocol on chain metrics as of Monday. Onchain metrics typically follow social activity and narratives, with prices leading afterward.
Some claim a new wave of big-money tokens are backed by sentient AI bots. But that’s not the reality.
Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.
Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined.
The Labs partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization.
After making over $340,500 by selling tokens he got for free, Vitalik Buterin, Ethereum (ETH) creator, made over $2 million … Continue reading
The post Ethereum creator Vitalik Buterin sells over $2 million worth of tokens appeared first on Finbold.
Traditional risk assets like stocks surged while gold and oil tumbled, but cryptos didn’t get the memo.
Memecoin teams regularly send Buterin a small portion of their supply as a marketing gimmick. He usually just sells it all for donations.