Category: DeFi Digest
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Pump.fun Concludes $500M ICO in 12 Minutes — But Something Doesn’t Add Up
Pump.fun raised $500M in a 12-minute ICO for its PUMP token, but discrepancies in the allocated supply and lack of updates have sparked speculation. Tokens will be tradeable in 72 hours.
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Ripple’s RLUSD Gains Momentum as Bank Wires Lose Ground – Featured Bitcoin News
Ripple’s RLUSD stablecoin is transforming global payments with faster, cheaper transactions, entering the $27.6T stablecoin market while advocating for regulatory clarity.
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Crypto Hacker Who Drained $42,000,000 From GMX Goes White Hat, Returns Funds in Exchange for $5,000,000 Bounty – The Daily Hodl
A hacker who stole $42 million from GMX returned the funds in exchange for a $5 million bounty. The exploit was a re-entrancy attack on GMXV1, with V2 unaffected. GMX’s token price surged 18.4% post-recovery.
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While the West Chases Memecoins and ETFs, Africa is Building Blockchain Resilience – Op-Ed Bitcoin News
The article discusses how Africa is focusing on blockchain resilience while the West prioritizes memecoins and ETFs, highlighting DeFi’s potential to transform financial systems.
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Memecoin platform PumpFun concludes one of the fastest ICOs, raising $600M in 12 minutes
Pump.fun raised $600M in 12 minutes during its ICO, selling 15% of its PUMP token supply at $0.0040 each, reaching a $4B valuation. Tokens will be distributed by July 15.
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Pump.fun Raises $500 Million in Minutes in PUMP Token Sale – “The Defiant”
Pump.fun raised $500-$600 million in minutes during its PUMP token sale, valuing the project at $4 billion. Most purchases were on Solana, with tokens locked for 48-72 hours.
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Pump.fun ICO raises $500M, sells out within minutes
Pump.fun raised $500M in a 12-minute ICO for its PUMP token, signaling a potential memecoin resurgence. The crypto community is divided on the platform’s impact, with some praising growth and others criticizing its effects.
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Tether DOMINATES Sui & Base: USDT Now on 10+ Chains! Is This the End for Competing Stablecoins? News ETHNews
Tether expands USDT to Sui and Base, now on 10+ blockchains. USDT’s $159.39B circulation grows with $2.42B minted. New Swiss gold lending uses USDT as collateral. Reserve surplus hits $6.8B, reinforcing stability.
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Pump.fun Swiftly Raises $500M in Public Sale at $4B Fully Diluted Valuation
Pump.fun raised $500M in 12 minutes during its public token sale, valuing the Solana-based memecoin launcher at $4B. Tokens are locked for 48-72 hours before distribution.
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Solana’s Pump.fun Nets $500M as PUMP Token ICO Sells out in 12 Minutes – Crypto News Bitcoin News
Pump.fun’s PUMP token ICO raised $500 million in just 12 minutes, showcasing strong investor interest in the Solana-based meme coin platform.
