Solana’s memecoin race gets a shakeup as LetsBonk overtakes Pump.fun in daily revenue, while TradFi and DeFi move closer to convergence.
Ezra Reguerra
Ezra Reguerra is a seasoned journalist and content specialist with a strong background in crypto. He has been writing for Cointelegraph since 2021, contributing news, features, and insightful interviews covering the blockchain space. With over a decade of experience in journalism and content creation, Ezra explores the intersections of Web3 culture, financial empowerment, and emerging technologies. He attended some of the biggest crypto events and moderated panel discussions with some of the biggest names in crypto. He holds a Bachelor of Arts degree in Broadcast Journalism, Communication and Media Studies, along with licenses and certifications in content marketing. He is passionate about telling stories that bridge complex crypto concepts with everyday life and enjoys playing basketball in his free time. Ezra has no crypto holdings above Cointelegraph’s disclosure threshold of $1,000
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LetsBonk stuns Solana memecoin launchpad rankings: Finance Redefined - News
Ethereum Foundation roadmap targets zkEVM in mainnet within a year The Ethereum Foundation is preparing to bring zero-knowledge technology to Ethereum, with plans to launch a zkEVM on the layer-1 network within a year.
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Hacker returns stolen funds from $40M GMX exploit The attacker behind the $40 million GMX exploit has begun returning the stolen crypto after accepting a $5 million white hat bounty offered by the GMX team.
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Bit Mining surges 350% on pivot to Solana, plans $300M token treasury Bit Mining’s stock price surged 350% in pre-market trading after announcing a strategic pivot into the Solana ecosystem.
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Researchers foil $10M DeFi backdoor in thousands of smart contracts The Venn Network team suspects the threat was linked to the North Korean Lazarus Group, citing its complexity and widespread deployment.
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NFT sales hit $2.8B in first half of 2025 as trading volumes tank CryptoSlam data shows that NFT sales volumes reached $2.82 billion in the first half of 2025, while DappRadar data shows a continued drop in trading volumes.
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Polygon’s ‘most complex’ hard fork goes live Thursday Polygon Foundation CEO Sandeep Nailwal described the upcoming Heimdall 2.0 upgrade as the “most complex” Polygon hard fork since 2020.
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OpenSea expands to mobile with Rally deal, eyes ‘onchain everything app’ OpenSea is going mobile after acquiring Rally, with plans to unify NFT and token trading, as well as expanding into DeFi, perpetuals and AI-powered tools.
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Truth Social files S-1 for ‘Crypto Blue Chip ETF,’ tracking top assets Truth Social has filed to launch a crypto ETF tracking BTC, ETH, SOL, CRO and XRP, aiming to list on NYSE Arca after regulatory approval.
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South Korean bank stocks surge on stablecoin trademark filings Shares of Kakao Bank, Kookmin Bank and the Industrial Bank of Korea rose by 10% to 19% following stablecoin trademark applications.
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Shenzhen issues warning on stablecoin scams, illegal crypto fundraising Authorities in Shenzhen, China, urged the public to be vigilant after uncovering illegal fundraising schemes masked as stablecoin investments.
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LetsBonk flips PumpFun in 24-hour revenue: DefiLlama Solana’s newest memecoin launchpad, LetsBonk, doubled Pump.fun’s daily revenue with $1.04 million, shaking up the leaderboard in the memecoin space.
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How Bhutan plans to boost its local economy with crypto tourism Damcho Rinzin, the director of Bhutan’s Department of Tourism, said the sector has struggled because of its payment infrastructure.
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Binance CEO on how Bhutan’s happiness philosophy aligns with crypto Binance CEO Richard Teng said crypto aligns with Bhutan’s happiness-first policy, highlighting financial freedom and innovation during a visit to the Himalayan kingdom.
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Bhutan embraces crypto payments despite connectivity gaps Cointelegraph is in the Kingdom of Bhutan to check the state of crypto adoption in the eastern Himalayan country.
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Bitcoin Treasury Corporation to relist on Toronto exchange, buys 292 BTC Bitcoin Treasury Corporation completed a $92 million raise and bought 292.8 BTC ahead of its trading resumption on the TSX Venture Exchange.
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Bit Digital plunges 15% after $150M public offering, Ethereum pivot Bit Digital’s stock plummeted after announcing a $150 million share sale and a transition from Bitcoin mining to Ethereum staking.
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Indian politician calls for Bitcoin reserve pilot as US embraces BTC Pradeep Bhandari, spokesperson for India’s ruling BJP party, called for a Bitcoin reserve pilot and clarity on the country’s “taxed but unregulated” approach to crypto.
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Stablecoin protocol Resupply loses $9.6M to price manipulation exploit A flaw in ResupplyFi’s contract allowed an attacker to manipulate token prices and drain $9.6 million from its wstUSR market.
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Pi Network token spikes 38% on AI plans, Google partnership rumors Pi Network’s token surged 38% as talk of an AI partnership with Google spread ahead of the project’s upcoming Pi2Day event announcement on Saturday.
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German regulator closes case against Ethena GmbH over USDe issuance Ethena Labs and Germany’s BaFin agreed on a 42-day USDe redemption plan, marking the end of a months-long regulatory dispute.
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South Korean banks plan won-pegged stablecoin launch by 2026 Eight major banks in South Korea are working on a stablecoin backed by the won, aiming to protect the currency from the growing US dollar dominance.
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Fuzzland says ex-employee was behind $2M Bedrock UniBTC exploit Fuzzland says a former employee used insider access and malware to exploit Bedrock’s UniBTC protocol, resulting in $2 million in losses.
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Michael Saylor teases fresh Bitcoin buy after $1B stock offering “Send more Orange,” Strategy executive chairman Michael Saylor wrote on X, signaling another Bitcoin purchase from the company.
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‘Bitcoin Family’ revamps security after crypto crime wave After a wave of crypto crimes, Didi Taihuttu and his “Bitcoin Family” revamped their security by splitting their Bitcoin seed phrase across four continents.
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Dubai real estate sales hit $18B in May amid tokenization push Dubai’s property market hit $18.2 billion in sales in May alongside growing tokenization momentum, new regulations and a record $3 billion real estate blockchain deal.
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Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit Alex Lab Foundation said it will fully reimburse users affected by the $8.3 million exploit, with compensation issued in USDC following a structured claims process.
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Musician made $3M selling NFTs and lost it all to taxes and a crypto crash After earning $3 million from NFT sales, Jonathan Mann watched it vanish in a crash, and now he’s turned the ordeal into a painfully honest crypto tax tune.
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Trump touts memecoin as sentiment gauge as $520M unlock nears Trump seems to recognize his official memecoin, down 85% from its all-time high, as a tool to measure public sentiment.
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Moonbirds NFT sales surge after Yuga Labs sells IP Orange Cap Games has acquired the IP rights to Moonbirds from Yuga Labs, driving the NFT collection’s biggest sales spike in months.