PUMP holders sell at a loss as Pump.fun founder confirms airdrop won’t happen soon
Two wallets dumped 1.25B PUMP coins within 2 hours, incurring $1.19M loss. The move came after Pump.fun founder confirmed delays in the much-awaited airdrop. The alt exhibits bearishness amidst community…
ADA price jumps as Cardano founder Charles Hoskinson responds to scam allegations
Cardano (ADA) has jumped 39% in July amid bullish technical patterns. Cardano founder Charles Hoskinson has denied scam claims. A break above $0.80 could push ADA toward $1 and beyond.…
Gotbit founder extradited to the US to face market manipulation charges
Gotbit founder and CEO Aleksei Andriunin was extradited to the US on Feb. 25, the US Attorney’s Office, District of Massachusetts said. The 26-year old Russian national was arrested in…
Curve founder Michael Egorov proposes 21m CRV funding for Swiss Stake AG
Michael Egorov’s proposal seeks new funding for Swiss Stake AG, the organisation building Curve. The Curve founder says a 21 million CRV grant will help fund the DeFi protocol’s research…
dYdX founder Antonio Juliano steps down as CEO
Juliano steps down as dYdX CEO, Crnkovic-Rubsamen takes over. The transition marks Juliano’s move to Chairman and President roles. dYdX experiences surge in activity amid market rebound. In a significant…
Terra founder Do Kwon appeals against extradition to South Korea and the US
Do Kwon appeals his extradition decision. Kwon’s legal battle began on June 15 with a six-month detention for extradition. The High Court recently approved requests from South Korea and the…
Blast founder denies Ponzi scheme claims as TVL rockets past $400 million
Blast was supported by a $20Ms investment from notable backers like Paradigm and Standard Crypto at launch. Blast is facing Ponzi scheme claims. Roquerre clarifies that Blast’s 4 to 5%…
Huobi co-founder buys 10 million Curve DAO tokens from Curve founder
The Curve founder had taken a $100 million DeFi stablecoin loan using his own CRV stash as collateral. Curve Finance was recently hacked causing the CRV token to depreciate significantly.…
Hex founder charged with offering unregistered securities offering
Richard Heart was charged with allegedly raising over $1B through unregistered securities offerings. The SEC also charged PulseChain, PulseX, and Hex, alongside Richard Heart. In addition, Heart and PulseChain have…
Polygon founder launches Web3 accelerator Beacon
Polygon co-founder Sandeep Nailwal has helped launch a Web3-specific accelerator run by top Web3 veterans. Beacon Accelerator started in October with a cohort of 15 companies and 30 founders The…