Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to said the company growing too quickly.
Category: Finance & Crypto
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Ex-FTX users report funds being released in $900M distribution round
Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to…
Tether earns $1.5B in Q2 as US Treasury holdings fuel profits
Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite…
Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral
Eligible retail and institutional users can use tokenized shares of Nvidia, Apple, Tesla and three other…
US Treasury yields rise as TIPS challenge the inflation narrative
TIPS data points to rising real yields, not inflation, a dynamic that weighs on non-yielding assets…
Bitcoin price sinks to 2-week lows as US stocks fail to copy Asia rebound
Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month,…
ECB says digital euro app will exceed EU accessibility standards
The European Central Bank proposed accessibility standards for its planned digital euro app, saying it would…
AMLBot launches AI Tracer for self-service blockchain investigations
Crypto forensics company AMLBot launched an AI-enabled tool allowing users with no specialist knowledge to trace…
Circle receives New York trust charter for subsidiary
The New York trust charter allows Circle’s subsidiary to provide fiduciary and custody services under state…
BOJ intervenes to defend yen near 160, holds rates steady
The Japanese yen crosses a key psychological level after the country’s central bank reportedly conducted a…
Citadel buys bulk of Situational Awareness stock portfolio after AI rout: Reports
Situational Awareness retained about $10 billion in assets, including its Anthropic stake, after reportedly selling leveraged…
BIS Project Agorá settles $1 million in tokenized cross-border payment trials
Twenty-eight financial institutions and central banks completed real-value settlements across six currencies using tokenized central bank…