News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Share link:In this post: Burwick Law and Wolf Popper issued a cease and desist letter to Pump.fun, demanding the removal of over 200 meme coins allegedly infringing on their intellectual property. The firms claim that Pump.fun allowed the creation of meme tokens spoofing their brands as retaliation for a class-action lawsuit filed against the platform on Jan. 30. Despite mounting legal challenges, Pump.fun continues to see record-breaking trade volumes largely driven by Trump-related meme coins.
Share link:In this post: US Bank reported $24 million holdings in Bitcoin ETFs in its latest SEC filing, an increase of $10 million since its last filing. Goldman Sachs announced it held Bitcoin ETFs of over $400 million across different funds last year. US-listed spot Ethereum ETFs recorded increased inflows amid the overall market dip.
Sonic's 31% rebound signals renewed interest and growing momentum. Can it break above key resistance and extend its rally toward $0.59?
- 20:13All Three Major U.S. Stock Indexes Close HigherAccording to Jinse Finance, all three major U.S. stock indexes closed higher, with the Dow Jones up 0.53%, the Nasdaq up 0.25% to reach another record closing high, and the S&P 500 up 0.32%.
- 18:25Whale Closes ETH Short Position with 18x Leverage, Incurring $8.44 Million Intraday LossOdaily Planet Daily reported that, according to Lookonchain monitoring, as the price of ETH surpassed $3,300, the whale "0x2258," who had previously opened 18x leveraged short positions on ETH, closed all ETH short positions before being liquidated, incurring a daily loss of $8.44 million.
- 18:08World Liberty Financial Community Approves Proposal to Open Trading for WLFI TokenAccording to ChainCatcher, the World Liberty Financial community has approved the proposal to open WLFI token trading with a support rate of 99.94%. The proposal was released on July 9, recommending that WLFI tokens be made available for trading. Voting began on July 10 and concluded on July 17. The proposal aims to transition WLFI from a closed ecosystem to an open one, allowing tokens to be traded via peer-to-peer and secondary markets, thereby expanding the community’s channels for participating in governance processes.