By YDN For months, the narrative revolved around Bitcoin as the undisputed leader of digital assets. Its climb toward $124,000 captured headlines and investor attention alike. Yet beneath the surface, a quiet but powerful shift has been underway. While Bitcoin celebrated its price peak, it failed to deliver positive monthly returns—an anomaly for an asset […]
Tag: ICO
By Emir Abyazov A class action lawsuit filed in federal court for the Southern District of New York accuses the memecoin platform Pump.fun of operating a fraudulent “slot machine” scheme that allegedly defrauded users of $5.5 billion. These allegations have placed Pump.fun at the center of a wide-reaching federal fraud investigation. A class action lawsuit […]
By Emir Abyazov Memecoin startup platform Pump.fun sold $500 million worth of PUMP tokens in a record 12 minutes—an event that has caused the crypto community to split into two camps. Looking at the token allocation, the total supply is 1 trillion tokens, with 33% allocated to the ICO, 18% to institutional investors, and 15% […]