Pump.fun Founder Calls for Stricter Regulations Following LIBRA Collapse
TL;DR Alon, founder of Pump.fun, calls for stricter regulations following the collapse of the LIBRA token, which caused $4.4 billion in losses in six hours....
Tag : Crypto Market
Ethereum Leads DeFi Sector with Massive Fee Collection
by jose
TL;DR Ethereum’s Layer 1 blockchain accumulates $1.67 billion in DeFi fees, dominating the sector with over 30% of total fees collected. Despite leading in fee...
Bitcoin Dominance Surges Above 60% Amid Libra Memecoin Collapse
TL;DR Bitcoin’s market dominance has surpassed 60%, with a 5% increase in the last month and 12% in the last year. The collapse of the...
Crypto Leaders Discuss Social Strategies to Deter Memecoin Scams
by jose
TL;DR Crypto leaders are debating the use of a “social layer” to collectively ostracize those involved in memecoin scams, aiming to deter fraudulent activities. The...
HashKey Secures $30M Investment from Gaorong Ventures
TL;DR HashKey, a crypto exchange in Hong Kong, secured a $30 million investment from Gaorong Ventures, raising its valuation to $1.5 billion. The platform is...
Michigan Lawmakers Propose State-Backed Crypto Reserve
by jose
TL;DR Michigan proposes House Bill 4087 to create a state-backed cryptocurrency reserve, allowing up to 10% investment in digital assets. Key provisions include lending cryptocurrencies...
Ethereum: Massive Withdrawal Raises Concerns Over Beacon Chain Stability
TL;DR $3.3 billion in ETH were withdrawn from the Beacon Chain, affecting Ethereum’s stability. The increased supply of ETH in the market could negatively impact...
Mastercard Achieves 30% Transaction Tokenization, Embraces Blockchain Innovation
by jose
TL;DR 30% Transactions Tokenized: In 2024, Mastercard successfully tokenized 30% of its transactions, enhancing security and reducing fraud risks. Blockchain Commitment: The company is making...
KULR Technology Group Acquires Additional 100 Bitcoins
TL;DR KULR Technology Group has acquired 100 bitcoins for $10.4 million, increasing its holdings to a total of 610.3 BTC. The company’s strategy is to...
Against All Odds: Solo Miner Earns $310,000 in Bitcoin Block
by jose
TL;DR A solo Bitcoin miner defied the odds and mined a block worth $310,000, earning a reward of 3.158 BTC. Most Bitcoin blocks are mined...