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The Solana on-chain trading environment (often referred to as "trenches") has cooled significantly in recent weeks. In the second half of last week, the "graduated" token trading volume on the pump.fun averaged just $560 million per day. This was the lowest daily average volume since Christmas 2024 and down 82% from the single-day record of $3.13 billion three weeks ago. pump.fun token graduation rate is also declining, with an average of 1.04% of tokens listing on Raydium pump.fun last week, co...
Seoul National University has announced a moratorium on cryptocurrency donations until stability and regulation are assured, reportedly in the wake of controversy over a pledge by gaming company Wemade to provide 1 billion won ($737,000) worth of WEMIX tokens to a start-up fund.
According to HODL15Capital monitoring, an address ("Mr.500") increased its holdings of 500 BTC on August 26, and has since increased its holdings of 500 BTC through two consecutive daily transactions (a total of 1,000 BTC). As of September 7, the address held 12,500 BTC, or about $677 million.
At the 15th Annual Meeting of the New Champions of the World Economic Forum (known as the "Summer Davos Forum"), Kenzai Yoshiura, Managing Director of Mizuho Bank and President of Mizuho China, said in an interview with the "Daily Economic News" that digital currencies and blockchain technology are very promising areas, but these technologies will take time to popularize and develop because (defined as) money needs to be applied to real economic scenarios, not just a few investments can decide. ...
Followers of Keith Gill (also known as the "growling kitten"), an American retail investor, flocked to pet products companies Chewy and Petco after posting a photo of a dog on social media platform X. Chewy shares are up nearly 3% to around $30, peaking at $39.10, after rising as much as 25% and rising by the limit. Chewy was founded by Ryan Cohen, the former CEO of GameStop and an investor in Bed Bath & Beyond. Petco's shares briefly soared to $3.74....
American rapper CurtisJamesJacksonIII (stage name "50Cent") claims that his X (formerly Twitter) account and website were hacked, causing hackers to promote a cryptocurrency gouge and sell tokens, defrauding victims of $300 million. Hackers created a new crypto token "GUNIT", using 50Cent's large following (about 12.90 million fans) to attract more investors and drive up the price, then depleted its value, the token price plummeted to $0.00016. June...
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