News

Pump.fun has again moved a large part of its transaction fee income. On-chain data shows that the project transferred 154,000 SOL (approximately $24.39 million) to centralized exchange Kraken over nine hours. This sale is part of a pattern in which the earnings of Pump.fun are moved to liquid assets every one to two weeks. Even … Read more

The NFT market is appearing again, as OpenSea, the largest NFT marketplace, shows a major rise in user activity right before its long-awaited airdrop and token generation event (TGE) for $SEA. But overall trading volume is still well below the highs of the bull market; however, recent user engagement data suggest that the NFT space … Read more

Founder of Cardano, Charles Hoskinson, has officially launched Cardinal, the first Bitcoin-focused, decentralized finance (DeFi) protocol, which is built on the Cardano blockchain. This event is a major step forward in blockchain interoperability. Now, Bitcoin users can interact with Cardano’s DeFi ecosystem without surrendering custody of their assets. Cardinal contains several advanced technologies that make … Read more

Societe Generale’s crypto-focused subsidiary SG-Forge is advancing into the rapidly expanding digital asset ecosystem with the imminent launch of a US dollar-pegged stablecoin named USD CoinVertible, or USDCV. This new token, which begins trading in early July, will be deployed on both the Ethereum and Solana blockchains. This move demonstrates SG-Forge’s commitment to offering stable, … Read more

A collaboration between the social media platform X, under the direction of Elon Musk, and Polymarket, a top digital market prediction service, has the potential to fundamentally alter not just what people see when they log onto X but also—thanks to Grok, an AI chatbot from Musk’s startup xAI—how they understand it. This is how … Read more

One of the world’s leading cryptocurrency exchanges, Coinbase, is making big strides in addressing a long-standing problem that has frustrated users for years: unexpected and prolonged account freezes. Co-founder and CEO Brian Armstrong admits that the issue has gone on “longer than is acceptable,” but he and the rest of the company are determined to … Read more

On June 6, 2025, ALEX Protocol, a decentralized finance platform operating on the Stacks blockchain, suffered a substantial security breach that resulted in the loss of over 8.3 million dollars’ worth of digital assets. The incident stemmed from a defect in the protocol’s self-listing verification logic, a shortcoming connected to limitations of the Stacks network. … Read more

The week is ending on a positive note for the cryptocurrency market, which is now showing a semblance of life—”a modest rally”—in several major digital assets. Even with this rally, however, Bitcoin seems to be experiencing rising downside pressure as long-term holders cash out in what appears to be the market’s first profit-taking episode since … Read more

A blazing public argument has broken out between President Donald Trump and tech tycoon Elon Musk. Musk has sharply criticized Trump’s controversial $1.7 trillion tax-cut and spending package. A policy disagreement that started with Musk calling Trump and his policies malaise has become a political and financial standoff with serious ramifications for both the markets … Read more