Pump.fun Unveils PumpSwap DEX, Moves Away from Raydium
Pump.fun has introduced its own decentralized exchange (DEX), PumpSwap, potentially overtaking Raydium as the go-to platform for trading Solana-based memecoins. Starting March 20, memecoins that complete the liquidity bootstrapping phase, known as “bonding,” on Pump.fun will transition directly to PumpSwap, as announced by the project on X. Previously, these bonded tokens migrated to Raydium, which […]
Tornado Cash Removed from US Sanctions List
The U.S. Treasury Department has officially removed cryptocurrency mixer Tornado Cash from its blacklist, as announced on March 21. This decision follows a January ruling by a U.S. appeals court, which determined that the Treasury’s Office of Foreign Assets Control (OFAC) lacked the authority to sanction Tornado Cash’s smart contracts. The court reasoned that these […]
Strategy Unveils 10% Preferred Stock Offering to Expand Bitcoin Holdings
Strategy has announced a new round of perpetual preferred stock issuance, a move typically made ahead of further Bitcoin acquisitions. According to the company, shares in this latest round will be priced at $85 each, featuring a 10% yield, with the initiative expected to generate around $711 million in capital. Market expert Jesse Myers pointed […]