The TGE format lets Binance Wallet users trade tokens with prices that rise as demand grows, with the first project reveal set for July 15.
Hyperliquid Strategies is expected to hold 12.6 million HYPE tokens and $305 million in cash at closing of the deal.
Ethereum rose 1.2% in the past 24 hours to $2,981, trading near its highest level since early February this year.
Pump.fun, a platform that enables anyone to create and launch memecoins, concluded one of the largest and fastest initial coin offerings (ICOs) on Saturday. Within 12 minutes of the ICO going live, the platform raised $600 million from the sale of 15% of its token supply for $0.0040 each. The ICO, which ended far quicker […]
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NFT-related tokens delivered the strongest sector performance in the second quarter, gaining an average of 55.4% even as dollar-denominated NFT trading volume fell to multi-year lows. Artemis data shows that the average gains from NFT-related tokens surpassed the second-best performance, which was Ethereum’s (ETH) 37.2%, by nearly 50%. Pudgy Penguins’ PENGU token accounted for much […]
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Bitcoin (BTC) registered a new all-time high of $118,287.46 on July 11 and is up 3.3% in the past 24 hours, but major altcoins are leading the gains during the same period. Ethereum (ETH) breached the $3,000 threshold for the first time since Feb. 2, and is currently trading at $2,987.55 as of press time, […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Solana-based memecoin platform Pump.fun is preparing for what could become one of the largest token sales in crypto history. The project aims to raise $1.32 billion through its upcoming PUMP token offering, potentially securing the third spot among the highest-ever fundraising events in the industry. According to data from Cryptorank, Pump.fun’s fundraising goal would put […]
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Caldera, a rollup-as-a-service infrastructure provider, is launching its native token called ERA with a total supply of 1 billion.
Traders are seemingly hedging their bets on Pump.fun's upcoming ICO by shorting the token on Hyperliquid and Binance.
Hester Peirce, head of the US Securities and Exchange Commission’s (SEC) Crypto Task Force, said that putting securities on a blockchain “does not have magical abilities to transform the nature of the underlying asset.” In a July 9 statement, Peirce emphasized that tokenized shares, notes, or entitlements “are still securities,” requiring issuers, intermediaries, and traders […]
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Solana-based memecoin launchpad Pump.fun has confirmed that its native PUMP token will debut through an Initial Coin Offering (ICO) on July 12. The token will have a total supply of 1 trillion and a structured allocation designed to serve institutional, community, and internal stakeholders. PUMP’s ICO details About 33% of the total PUMP token supply […]
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Thumzup Media also disclosed that Donald Trump Jr. owns 350,000 shares, worth about $4 million at current prices.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Pump.fun is launching its first and only public token sale on July 12 on Bybit and other exchanges, aiming to raise $600 million.
Kraken and Backed are expanding xStocks support to BNB Chain, enabling users to trade tokenized U.S. equities as BEP-20 tokens.
Simplicity Group's study analyzed over 50,000 data points related to 40 crypto token launches in the first four months of the year.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The firm plans to lead Series A rounds in companies building on Bitcoin with initial checks ranging from $3 million to $8 million.
Polymarket, a crypto-based betting platform, has recently been involved in two controversies surrounding its resolution system, raising questions about the reliability of decentralized dispute mechanisms. One controversy centers on a $200 million bet on whether Ukrainian President Volodymyr Zelensky would wear a suit before the end of June. The wager’s outcome has sparked debate about […]
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Solana’s tokenized stock market hit $48.53 million on July 4, up more than threefold from $15.28 million on June 20, according to on-chain data tracked by rwa.xyz. Solana’s tokenized stocks capitalization expanded more than threefold in two weeks, outpacing every other tracked network during the period. Furthermore, the tokenized stock market on Solana represented 11.4% […]
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Robinhood’s private equity tokens, offering exposure to tech stocks like SpaceX and OpenAI, have triggered regulatory scrutiny in Europe after OpenAI raised concerns and said that the digital assets do not represent equity ownership in the company, CNBC reported on July 7. The Bank of Lithuania, which serves as Robinhood’s primary regulator in the European […]
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The TON Foundation has denied claims that it has launched an official UAE Golden Visa initiative, clarifying that no formal partnership exists between the blockchain project and the UAE government. The clarification follows widespread social media reports suggesting that digital asset investors could gain UAE residency through staking TON tokens. Over the weekend, TON promotions […]
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Authorities in the United Arab Emirates have officially refuted claims that digital asset investors now qualify for the country’s long-term Golden Visa. The clarification comes after social media reports suggested a new residency pathway had emerged for crypto users, particularly those involved with the Telegram-related TON token. UAE rejects TON’s golden visa In a joint […]
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Regulatory tailwinds are set to usher in an "equity tokenization wave," according to analysts at research and brokerage firm Bernstein.
World Liberty Financial, the decentralized finance platform linked to U.S. President Donald Trump’s family, has unveiled a proposal that would allow its WLFI governance token to become transferable and tradeable across the wider crypto market. Currently confined within its own protocol, the WLFI token cannot be traded externally, restricting price discovery and limiting participation in […]
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While the broader crypto market remains subdued, with both Bitcoin and Ethereum posting slight losses, a select group of altcoins have defied the trend, registering substantial gains over the last 24 hours. These market-defying rallies appear disconnected from general market sentiment, instead fueled by project-specific catalysts, including major exchange listings, deflationary tokenomics, and strategic partnerships. […]
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Prominent blockchain investigator ZachXBT has criticized two prominent stablecoins, including Ripple’s RLUSD and Circle’s USDC, highlighting concerns about their compliance and adoption strategies. In a now-deleted social media post, ZachXBT questioned Ripple’s RLUSD stablecoin, arguing that it lacked an authentic user base and relied on paid partnerships to create the illusion of organic growth. Due […]
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Local reports indicate that South Korea’s central bank has suspended its central bank digital currency (CBDC) pilot program, pivoting the nation’s focus toward a private, bank-led stablecoin initiative. The Bank of Korea (BOK) halted its “Project Han River,” following mounting pressure from commercial banking partners who cited prohibitive costs and the absence of a viable […]
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The integration will allow “qualified borrowers to access USDC loans while earning ETHFI incentives,” the startup said in a statement.