Solana-based memecoin platform Pump.fun saw its July revenue plummet to $24.96 million, down 80% from its January peak.
Launch News
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Blockchain analytics firm Bubblemaps flagged Rugproof for suspicious token activity, alleging a deceptive launch structure mimicking a rug pull setup.
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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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Pump.fun has yet to confirm or deny rumors of a $1 billion token sale and 10% airdrop, but the community is split on whether the potential launch would help or harm the crypto space.
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Katana launched its private mainnet with support from GSR and Polygon Labs, aiming to solve liquidity fragmentation in DeFi.
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Blockchain project Space and Time, backed by Microsoft, has launched its permissionless mainnet for ZK-proven data infrastructure.
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Despite heavy selling by top crypto influencers, the Kaito token surged 50% post-airdrop as analysts debate its tokenomics and future market potential.
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The agentic AI project’s contributors envision an AI-focused layer-1 with AI16Z as the native currency.
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Move-based blockchains continue to attract developers due to the expressiveness and unique architecture of the Move programming language.
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Pump.fun has halted its broadcast feature after significant backlash, while a legal expert warns the extreme content can open up criminal investigations and civil lawsuits.
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Messaging app Line is set to get “mini DApps” with the launch of Kaia’s mainnet, following the likes of rival Telegram, which launched a similar feature in 2023.
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Fair launch tokens could help the industry return to the true ethos of crypto, according to Arweave's founder.
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Convicted felon Martin Shkreli, also known as “Pharma Bro,” claims Barron Trump is the true creator behind the DJT token, which he says was even “approved” by Donald Trump.
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The around 180,000 Blast users have initially withdrawn $400 million from the network after its mainnet launch unlocked billions of staked crypto for the first time.
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SatoshiVM used Ape Terminal’s platform to launch its token, SAVM, via an Initial DEX Offering last week, which led to a myriad of scam accusations.
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