Business
Binance is rolling out a dynamic bonding curve model for token launches, mirroring the viral mechanics behind Pump.fun’s explosive rise.
Markets
PUMP opened trading with a $5.6 billion FDV and over $100 million in volume, as early investors notched gains and perpetual markets flipped bullish.
SharpLink quietly scooped up ETH from the Ethereum Foundation days before a price surge, locking in tens of millions in paper gains.
Despite strong backing and integrations, Inception is winding down after failing to gain traction in the liquid restaking market.
Regulation
A key message used in the Tornado Cash case was mistakenly attributed to a developer, raising questions about the prosecution’s evidence.
Pump.fun’s token sale hit $600 million in minutes, but exchange issues left thousands of verified users without allocations.
Crypto prime broker FalconX says that clients are using these contracts to make large wagers on the token’s price continuing to rise.
Bitcoin
The world’s largest digital asset broke out of a period of consolidation to a new bullish phase. The stars are aligning for the asset to go at least 40% higher.
Researchers uncovered a stealth backdoor in thousands of smart contracts that exposed $10 million to theft, prompting an urgent rescue effort possibly tied to Lazarus Group.
Florida opened an investigation into Robinhood Crypto, accusing it of misleading users with claims about trading costs that may mask hidden fees.