TL;DR 89% of new tokens launched in 2024 will come from the Solana ecosystem, with a strong push from memecoins. Pump.fun has been the main platform for the launch of these tokens, especially in the case of memecoins. Despite the high volume of tokens launched, only...
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Elon Musk dodges $258 billion Dogecoin lawsuit as investors drop appeal
Key Takeaways Investors dismissed their appeal over the ruling that cleared Elon Musk of manipulating Dogecoin prices. The court ruled that Musk's tweets did not constitute securities fraud as claimed by the investors. Share this article A group of crypto investors...
Pepe Rockets 60% as Meme Coin Mania Gains Momentum
In a dramatic turn of events, $PEPE has taken the crypto world by storm, skyrocketing over 60% within hours of its surprise listing on major US exchanges. Both Robinhood and Coinbase added the meme coin to their platforms, signaling a new era for meme coin enthusiasts...
Crypto Hater SEC Chair Gary Gensler Indirectly Confirms His Resignation
Gary Gensler praised the SEC’s role in protecting U.S. investors and indirectly hinted at his upcoming resignation.Since 2021, Gary Gensler has served as SEC Chairman. Under his leadership, the SEC has aggressively tried to regulate the crypto sector using traditional...
Somnia Launches Devnet for Lightning-Fast Blockchain Experience—400k TPS
TL;DR Somnia launches its public Devnet, capable of processing up to 400,000 transactions per second. It offers Ethereum compatibility and a $10 million grant program for developers. Users can test dApps and applications with free test tokens. Somnia has launched its...
18 US states Sue the SEC, Citing Authority Abuse Under Gary Gensler
On November 14, eighteen US states filed to sue the Securities and Exchange Commission (SEC) for “unconstitutional overreach and unfair persecution” of the crypto industry under Gary Gensler’s leadership.Notably, it was a joint filing led by Russell Coleman,...
Infura Unveils Progress in DIN, Plans AVS Launch on EigenLayer Platform
TL;DR Infura has announced significant advancements in its Decentralized Infrastructure Network (DIN), aiming to make Web3 more accessible and efficient, with DIN currently active on multiple networks. Infura plans to launch DIN as an Actively Validated Service (AVS)...
BOOSIE EXPECTING 9TH CHILD WITH FIANCEE RAJEL NELSON
Boosie and fiancee Rajel Nelson are expecting their first child together-a baby girl! The couple learned of the gender of their baby on November 14th at Boosie’s 42nd birthday celebration, which doubled as a gender reveal party. Boosie took to Instagram to share the...
XRP Soars 15% Amid Speculation of Gensler’s Exit and SEC Lawsuits
TL;DR XRP surged 15%, reaching $0.84, amid speculation of SEC Chair Gary Gensler’s potential resignation and ongoing SEC lawsuits. The price increase is driven by market sentiment and significant whale accumulation, with wallets holding at least 1 million XRP reaching...