Rumors suggest that PumpFun’s account on X was suspended for refusing to pay $5K/month for API access. That’s just 0.35% of their revenue in the past 24 hours.
Mysterious trader AguilaTrades has started realizing losses on his $BTC$BTC position. He deposited $7.5M $USDC into HyperLiquid to lower the liquidation price of his 20x leveraged long. Aguila is now closing the position at a loss. His current unrealized loss exceeds $13.5M.
PumpFun continues dumping $SOL$SOL. Since May 19, 2024, PumpFun has sold around 4.1M $SOL worth $741M at an average price of ~$180. — 264,373 $SOL sold for $41.64M USDC at $158 — 3.84M $SOL (worth $699M) sent to Kraken at $182
Eigen Labs has launched EigenCloud — a cloud platform for Ethereum restaking, backed by $70 million in funding from a16z.
This guy turned $990.5K into $10.02 Hard truth of memecoins
PumpFun Ban — What Happened? Twitter suspended PumpFun and related accounts after a lawsuit revealed possible fraud. Key claims: • Pump-and-dump schemes • No KYC/AML • Harmful marketing and offensive tokens • Founders accused of building a scam ecosystem Tokens may violate the Howey Test — if ruled securities, exchanges could start mass delistings. Some…
Arthur Hayes Releases New Essay: “Take a Position” Key Idea The golden rule of stablecoin investing: the success of any issuer depends entirely on distribution channels. Without access to crypto exchanges, social media, or traditional banks — the project is doomed to fail. https://cryptohayes.substack.com/p/assume-the-position
James Wynn warns of a “black swan” event within 48 hours.
This guy turned $990.5K into $10.02 Hard truth of memecoins
Stop thinking about crypto, relax, get outside and chill out a little bit The outside :