South Korean authorities tracked suspects for months after CatFi case was initially dismissed despite early blockchain sleuth reports and evidence. South Korean prosecutors have filed charges against a group of individuals linked to a Solana-based meme coin project called CatFi, following allegations that the token was used in a coordinated rugpull scheme after attracting…
The cryptocurrency market is always buzzing with energy, but the real excitement for many investors lies in discovering the “next big thing” before it hits the mainstream. While Bitcoin and Ethereum dominate headlines, a universe of low-cost digital assets offers the tantalizing prospect of explosive growth. These cheap cryptos, trading for under $0.1, present a…
Pump.fun (PUMP) is a Solana-based platform that facilitates the fair launch of meme coins, utilizing a unique bonding curve pricing model. The platform gained popularity for its user-friendly interface, which allows anyone to launch a new token with minimal technical knowledge. Shortly after its launch, the newly released PUMP token soared from its starting price…
The ongoing LIBRA token scandal has taken the crypto industry by storm, sparking several debates regarding user protection, the market’s state, and bad actors taking advantage of the cycle’s memecoin frenzy. Pump.fun’s founder joined the discussion and urged token launchpads to work on practices to improve the space. Libra Token Scandal Shakes Memecoin Sector On…
The controversial Solana-based memecoin launchpad Pump.fun has deposited $407 million worth of SOL into the crypto exchange Kraken in the past year, according to the digital asset tracker Lookonchain. Lookonchain also notes that Pump.fun, which launched in January 2024, sold 264,373 SOL for $41.64 million worth of the stablecoin USDC. The memecoin launchpad has reportedly…
Pump.fun, a decentralized launchpad for meme coins, has suspended its live streaming feature following its reported use to share shocking and controversial videos. The platform, known for enabling users to promote Solana-based crypto token launches through live streams, has faced mounting criticism after alleged instances of dangerous and odd behavior surfaced. These include ostensible criminal…