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 […]
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....
The memecoin frenzy has reached the Tron Network after the launch of Pump.fun’s rival, SunPum. The new memecoin deployer has been making the headlines after surpassing its Solana-based counterpart on key metrics this week. The platform’s remarkable performance in the past two weeks has propelled the network, TRX, and the SUN ecosystem. As a result, SUN, the native token of the DeFi protocol behind SunPump, has surged over 190% in the last seven days. Related Reading: Trump-Inspired Memecoins Soar 40% Amid Rumors Of Endorsement By RFK Jr. SunPump Takes The Market By Storm Nearly two weeks....
A major South Korean TV series with crypto and blockchain-related topics is set to launch its production stage at the beginning of 2021, directed by Gemstone Film, in collaboration with firms in China and the United States. South Korean Crypto-Related TV Drama Series ‘Pumping Time’ Is Set to Start in 2021 According to Financial News, “Pumping Time,” the tentative name for the drama series, is planned for a total of 10 seasons with 20 episodes per each one. The producers estimate that each episode will have a duration of 30 minutes. Gemstone Film will allocate an....