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Hacks
Memecoin Launchpad Pump.Fun Loses Nearly $2M In Exploit
The Solana-based memecoin platform has become a favored venue for token launches in recent weeks.
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Markets
Crypto Markets Drop After US Jobless Claims Report
Solana continues to outperform, with a 10% gain in the last week.
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Blockchains
Solana Surpasses Ethereum By Revenue After Parabolic Fee Spike
The Solana community is celebrating record-high revenue, but the milestone is a sign users are paying high transaction fees.
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Markets
Bitcoin Price Bounces After 900+ Institutions Reveal $10.7B In Spot ETF Buys
More than 900 institutional entities disclosed spot Bitcoin ETF share holdings worth at least $100M each.
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DeFi
Blast Delays Token Launch But Increases Airdrop Allocation
The Ethereum Layer 2 network was widely expected to drop its token in May but has delayed the launch to June 26.
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CeFi
Circle to Relocate Legal Domicile from Ireland to U.S.
The move comes ahead of the USDC issuer’s potential IPO, for which it filed paperwork with the SEC in January.
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NFTs & Web3
Ethereum NFTs Dip as Blur Season 3 Winds Down
Many popular NFT collections have posted double-digit percentage losses in the past week as BLUR airdrop farmers offload their inventory.
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Markets
Crypto Markets Bounce Back as Core U.S Inflation Hits 3-Year Low
Bitcoin surged 6% to $65,000, with Ether and Solana rallying 3% and 7%, respectively.
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Blockchains
Degen Chain Back Online After 50-Hour Outage
The price of DEGEN has crashed 22% since May 12 amid the downtime.
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TradFi & Fintech
S&P Global Rankings Urges Asset Managers To Embrace Tokenization
The esteemed credit rating agency argued that using public blockchains for tokenization offers significant efficiency benefits over legacy financial architecture.