Pump.fun’s Big Launch Put On Ice Over Legal Drama
Pump.fun’s latest delay has rattled its backers. The Solana‐based memecoin launchpad was set to raise $1 billion at a $4 billion valuation on June 25. Now, the team says the sale will slip into mid‑July. Related Reading: Dogecoin Breaks Free—Could Soar 60%, Analyst Says There’s no clear reason for the hold‑up, and users are on edge. Investors who queued up months ago are left wondering if they’ll ever see a token in their wallets. Token Sale Pushed Into Mid‑July According to reports on June 20, Pump.fun first hinted at raising $1 billion at a $4 billion valuation. The sale was supposed to....
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The ongoing LIBRA token scandal has taken the crypto industry by storm, sparking several debates regarding user protection, the market’s state, and bad actors taking advantage of the cycle’s memecoin frenzy. Pump.fun’s founder joined the discussion and urged token launchpads to work on practices to improve the space. Related Reading: Federal Reserve Chair Backs Bitcoin […]
Pump.fun announced the acquisition of a leading multi-chain trading terminal to further expand its ecosystem, triggering a 10% price surge for the platform’s token, PUMP. Related Reading: BNB Reclaims $1,100 As Binance Founder Receives Presidential Pardon – New Rally Coming? Pump.fun Acquires Padre On Friday, Solana’s leading launchpad, Pump.fun, announced it had acquired multichain trading terminal Padre for an undisclosed amount as part of its “mission to tokenize the world’s highest-potential opportunities.” The platform explained that trading terminals have “captured most trading....
Pump.fun, one of the popular launchpads on Solana, has been making headlines with its $PUMP token surging 77% over the past week. In July, the project initiated a buyback program and put its profits back into $PUMP, rewarding diamond hands with a price increase in the process. Despite $PUMP dipping since its $0.012 ATH in early July, Pump.fun’s recent marketing efforts and creator rewards have helped push the token to a $0.0087 peak, sparking talks of a full recovery and a potential rally. This uptick reflects strong community support and highlights just how popular Pump.fun’s creator....
Are ‘tech’ altcoins like Cardano and Polkadot really so much holier than meme coins? Pump.fun’s co-founder Alon Cohen doesn’t think so. At least not to average traders, who don’t care much about the utility or tech behind a crypto project. Instead, making a profit while having fun seems to take the crown as priority number […]
The dispute over the legal ownership of the Bitcoin whitepaper could make it all the way to the courts as one website owner refuses to back down from Craig Wright's legal threats. The unfolding drama surrounding the ownership of the Bitcoin (BTC) whitepaper could very well make its way to the courts, after both sides embroiled in the dispute told Cointelegraph they’re ready to “go all the way."On Jan. 21, the owners of two Bitcoin websites were threatened with legal action by lawyers representing Craig Wright, the man who claims to be Bitcoin inventor Satoshi Nakamoto. Wright claims to be....