Tag: ETH

Wave of Bans: Pump.fun and Memecoin Accounts Blocked on X

By Emir Abyazov Social network X has blocked the accounts of popular Solana-based memecoin startup Pump.fun and its founder, Alon Cohen. The suspension also affected numerous other memecoin platforms. As of 11 p.m. CET time on June 16, the platform’s official ‘pumpdotfun’ account and Cohen’s personal ‘a1lon9’ profile remain blocked due to alleged violations of […]

a16z Invests $70 Million Into EigenLayer to Support EigenCloud Launch

By Marco Piccolo Venture capital powerhouse Andreessen Horowitz (a16z) has deepened its bet on Ethereum restaking protocol EigenLayer, investing an additional $70 million to support the launch of EigenCloud, a new platform aimed at bringing verifiability to a broader range of decentralized and traditional applications. The investment, made through a16z’s Crypto Fund IV, builds on […]