Pump.fun private sale investors send over $160M to exchanges

Pump.fun whales have sent over $160 million in tokens to exchanges as PUMP drops below its ICO price, triggering fears of a broader memecoin market correction.

Pump.fun whales have sent over $160 million in tokens to exchanges as PUMP drops below its ICO price, triggering fears of a broader memecoin market correction.
U.S. regulators are urging a court docket to cease Arizona from imposing its playing legal guidelines towards crypto prediction‑market platform Kalshi. Another Battle Over Crypto Prediction Markets In a filing from yesterday, the Commodity Futures Trading Commission (CFTC) and the Justice Department (DOJ) recommended a federal court docket to cease Arizona from utilizing its playing…
BlackRock has confirmed that its Canadian arm has granted securities lending for the iShares Bitcoin ETF from Aug. 25 after offering traders with the required 60-day discover. The transfer follows disclosure within the June 26 prospectus, which outlined how the fund might have interaction in lending transactions in accordance with Canadian securities legal guidelines. The…
The long-standing legal dispute between the Securities and Exchange Commission (SEC) and blockchain payment company Ripple Labs, has officially concluded, following the new regulatory dawn for digital assets in the US. SEC And Ripple Agree To Dismiss Appeals In a recent court filing, both the SEC and Ripple announced their agreement to dismiss their appeals,…
Digital Currency Group (DCG) has sued its lending subsidiary Genesis, asking a bankruptcy court to confirm it is owed more than $105 million plus interest on a financial backstop extended during the 2022 crypto downturn. The case, filed on Aug. 14 in the U.S. Bankruptcy Court for the Southern District of New York, centers on…
Bullish, the institutional crypto exchange backed by tech billionaire Peter Thiel, is targeting a valuation of up to $4.23 billion in its U.S. initial public offering, according to a regulatory filing submitted on Aug. 4. The company is offering 20.3 million shares priced between $28 and $31, potentially raising as much as $629.3 million, Reuters…
After the Bitcoin price retracement, XRP seems to have entered into another bearish trend that has sent it below $3 once again. However, despite the correction, XRP has continued to hold major levels, unlike Bitcoin, which has gone on to make new local lows. This suggests that XRP is performing differently from Bitcoin and could…