Pump.fun finds revenue behind meme coin-centric platform launch

In the past 38 days, Pump.fun – a meme coin generation and marketplace – has generated an impressive earnings total of $5.2 million. Based on DefiLlama’s data, the platform earned a total of $528,000 in fees on the previous day. Launched initially for Solana (SOL) tokens back in January, the platform expanded its reach by … Read more

Polkadot’s Network Reaches New Heights with 600,000 Active Addresses

The Polkadot blockchain network has reached an impressive new height with over 600,000 active addresses, marking a new record. This achievement was attained amidst recent attempts to boost engagement through memecoins, which faced challenges in generating substantial interest for the protocol. The activity highlights the strong interaction among the Polkadot community, showcasing the various uses … Read more

CoinShares: Bitcoin drives crypto investment inflows to $13.8b record

Last week, there was a massive surge in investments totaling $646 million in digital asset investment products, making it the highest inflow this year. The majority of these investments were driven by investors with a strong interest in Bitcoin. In the first quarter of 2024, cryptocurrency investment vehicles amassed approximately $13.8 billion according to CoinShares’ … Read more

Chainalysis Recruit Ex-IRS Chief to Fight  Crypto Crimes

Chainalysis, a company specializing in blockchain analysis, enhances its efforts against cryptocurrency criminal activities with the addition of Jim Lee. In his new role as Global Head of Capacity Building at Chainalysis, Lee will utilize his experience from leading the IRS-CI unit. Chainalysis hires James Lee, previous head of IRS Criminal Investigations, as their new … Read more

ZEUS token rises by 37%, surpasses $180m market cap

The price of ZEUS token on the Zeus Network jumped significantly, reaching $0.9821, which represents a daily growth of 37.4%. The increase in value of the token is indicative of heightened investor enthusiasm, as demonstrated by a substantial surge in trading activity. This surge resulted in a 140% increase in trading volume, reaching over $97 … Read more