Pump.fun Faces Backlash Over Disturbing Content in Livestream Feature
Pump.fun, a decentralized platform designed for creating Solana-based memecoins, has come under intense scrutiny following reports that users have been streaming harmful and violent behavior. The platform’s livestream feature has sparked concerns within the crypto community, with many calling for stronger moderation or even a complete shutdown of the feature due to its increasingly troubling […]
MicroStrategy Increases Bitcoin Holdings with $5.4B Acquisition
MicroStrategy, the publicly traded business intelligence and software company, revealed on Nov. 25 that it had significantly increased its Bitcoin holdings in a recent filing. The company purchased approximately 55,000 Bitcoin (BTC) for a total of $5.4 billion between Nov. 18 and 24, at an average price of $97,862 per coin. This acquisition was financed […]
Sui to launch Bitcoin staking
Babylon Labs and Lombard Protocol are collaborating to introduce liquid Bitcoin staking on Sui, a rapidly growing layer-1 blockchain network. The announcement, made on November 25, outlines plans for Bitcoin holders to begin staking their BTC on Babylon, a Bitcoin layer-2 network, starting in December. This will allow users to mint LBTC, Lombard’s liquid staking […]
WisdomTree Registers XRP ETF Application in Delaware Amid Regulatory Shifts
WisdomTree Funds, an asset management firm headquartered in New York, has registered in Delaware for an XRP exchange-traded fund (ETF) as of Nov. 25. This marks a significant step in the company’s broader strategy to submit its application to the U.S. Securities and Exchange Commission (SEC). Joining the ranks of early XRP ETF applicants like […]