US law firm Burwick announces legal action against pump.fun on behalf of memecoin investors who lost funds through the platform, which allegedly enabled various forms of harmful content while collecting substantial fees. Despite the platform’s controversial status and the fact that only 0.4% of its 14 million wallets have made significant profits, pump.fun’s founders have […]

Arweave collaborates with Iridia and LifeShip to launch its Genesis Block to the moon on using innovative molecular storage technology based on synthetic DNA. The project demonstrates Arweave’s commitment to advancing storage technologies, with founder Sam Williams highlighting how permissionless networks enable crucial experimentation in data preservation. Despite this groundbreaking initiative, Arweave’s token (AR) has […]

XRP reaches a seven-year high above US$3 as potential ETF approval looms for 2025, bolstered by anticipated changes in SEC leadership with Gary Gensler’s departure. The SEC’s recent appeal against Ripple focuses narrowly on specific sales and distributions rather than XRP’s security status, which was already ruled not to be a security in 2023. Recent […]