Sun rises: Tron’s new memecoin deployer flips Pump.fun
Tron’s new memecoin deployer, Sun Pump, has just overtaken its rival, generating 59% more revenue than Pump.fun in the last 24 hours.
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Buyers shell out $7M for unseen NFT collection
Participants piled $7 million into a dutch auction to win one of 50 Golden Tokens granting ownership to unminted NFTs from artist Tyler Hobbs. 581 Total views 4 Total shares Nonfungible token (NFT) investors have poured $7 million into a dutch auction that sold 50 tokens conferring ownership over digital artworks that will not be…

Will Blockchain Protect the World Economy from Financial Crises?
In the blockchain movement’s ideology, the 2008 financial crisis holds a special spot. A critical juncture in the history of global capitalism, it readily provides a bedrock narrative that justifies the very purpose of a decentralized digital currency. This is what happens when we put too much trust in centralized custodians of wealth; this is…

AR Crypto Game Makes an Impact on Social Distancing
The coronavirus pandemic is causing the worst global economic recession among all business sectors since 1929. Advertising and marketing budgets alone could see a $3 billion loss in 2020.Both traditional brands and crypto companies are replacing their high profile ads with low budget posts in an effort to combat the rising pandemic.Crypto industry is taking…

World’s Second and Fourth Biggest Shipping Firms Join Maersk’s Blockchain Platform
Two leading global shipping firms, Mediterranean Shipping Co (MSC) and CMA CGM, have joined blockchain shipping platform TradeLens, Reuters reports on May 28.Switzerland-based MSC, the world's second-largest shipping company, and French CMA CGM, reportedly the fourth-largest container shipping firm, have joined the blockchain platform developed by the world’s largest logistics company Maersk and tech giant…

Mark Cuban officially backs Polygon
The Ethereum-based scaling solution recently appeared on the Mark Cuban Companies website, seemingly affirming his investment in the project. 4009 Total views 8 Total shares Billionaire investor Mark Cuban has thrown his weight behind Polygon, according to a new disclosure on one of his websites, offering further evidence that wealthy investors are tapping into the…

Arbitrum FUD spooks the market, but on-chain data shows whales accumulating ARB
Arbitrum suffered a big blow during the April 1 to April 2 weekend due to a conflict between the ARB token holders and the Arbitrum Foundation on the allocation of $750 million ARB tokens worth around $900 million.Data from on-chain analysis firm Arkham Intelligence shows that the transfer of $50.5 million out of the disputed…

Fed’s Lael Brainard hints at US playing a lead role in development of CBDCs
“A U.S. CBDC may be one ... way to ensure that people ... can ... rely on ... U.S. currency to ... conduct business," said Brainard. 188 Total views 12 Total shares Lael Brainard, a member of the Federal Reserve’s Board of Governors, encouraged the United States to be a leader in research and policy…

Crypto exchange eXch denies laundering Bybit’s hacked funds
Onchain sleuth ZachXBT and Nick Bax, a member of a white hat hacker group, both allege that eXch was used by the Lazarus Group to launder $35 million from the Bybit hack.