Pump.fun’s Big Solana Cash-Out: $407 Million to Kraken

A Solana-based memecoin launchpad called Pump.fun has moved a whopping $407 million worth of Solana (SOL) to the Kraken cryptocurrency exchange over the past year, according to blockchain tracker Lookonchain. Millions in Solana, Millions in Controversy Lookonchain also revealed that Pump.fun, which launched in January 2024, sold off some of its SOL, netting $41.64 million…

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Cardano’s Plomin Era: A New Chapter of Decentralized Governance

Cardano just completed its Plomin hard fork, a major upgrade that founder Charles Hoskinson calls the “most powerful blockchain government in the world.” This upgrade marks a significant step towards full decentralization. A Decade of Progress Hoskinson celebrated Cardano’s ten-year journey, recalling its humble beginnings in Japan in 2015. He highlighted the massive community effort…

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Dogecoin and Shiba Inu: Why the Prices Are Up

Dogecoin and Shiba Inu are on the rise, exciting investors after a rough week of sell-offs. What’s driving this sudden surge? The Fed’s Influence The Federal Reserve’s decision to hold interest rates steady, while generally bearish for crypto, unexpectedly gave the market a boost. Fed Chair Jerome Powell’s comments after the meeting were key. While…

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SEC Pressure Prompts Crypto Founder to Quit

Andre Cronje, founder of the Sonic blockchain and the DeFi platform Yearn Finance (YFI), recently revealed why he left the crypto world in 2022. He claims relentless harassment from the U.S. Securities and Exchange Commission (SEC) forced his hand. The SEC’s Investigation The trouble began in 2021 when the SEC contacted Cronje, demanding information about…

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Is Bitcoin’s Rise Over? One Trader Thinks Not

A well-known crypto trader believes Bitcoin (BTC) is poised for another price jump. This analyst, known as Credible Crypto, shared their perspective with over 460,000 followers on X. They argue that the current market isn’t acting like it’s at its peak. Why This Trader Sees a Healthy Market Credible Crypto points out that typical market…

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Ripple CEO Accused of Shady Dealings

A major accusation has been leveled against Brad Garlinghouse, CEO of Ripple. Brady Swenson, co-founder of the crypto firm Swan, publicly called Garlinghouse “corrupt” on X (formerly Twitter). Swenson’s accusations paint a picture of a CEO prioritizing personal profit over investor interests. The Accusations Swenson’s criticisms center around several key points: Insider Trading Allegations: Swenson…

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