Crypto News
Coinbase Inks $2.9 Billion Deal to Buy Crypto Options Exchange Deribit: WSJ
The world's biggest crypto exchange will buy the world's leading options exchange.Source link
98% of Tokens on Pump.Fun Have Been Rug Pulls or an Act of Fraud, New Report...
A report by Solidus Labs has revealed the alarming scale of fraudulent activity on the Solana blockchain, with 98.6% of tokens launched on Pump.fun being chalked down as rug pulls or pump-and-dump schemes.More than seven million tokens have been issued on Pump.fun since its inception in January 2024, with just 97,000 of those maintaining at least $1,000 in liquidity, the report added.Pump.fun is a token creation platform that lets users issue new crypto tokens on the Solana blockchain at a very low cost.The largest rug pull Solidus Labs identified over the time period was worth $1.9 million and was related to MToken.Whilst the crypto industry has progressed and moved on following the spectacular implosion of FTX, hacks and scams are...
Win a Free Trip to Las Vegas in Celebration of International Casinos Day From Casinos.com
This content is provided by a sponsor. Las Vegas is a dream place for many. Now, thanks to International Casinos Day, Casinos.com offers a chance to make that dream come true. They’re giving away a free trip to Las Vegas, which includes a plane ticket, a hotel stay, and time to enjoy the exciting casinos.Source link
Move-to-Earn Game ‘Sweat’ Reveals AI Agent Amid Multi-Chain Expansion
The Sweat app, which pays you crypto for the steps you take, is now leaning into AI as its token expands out to additional chains.Source link
Sei Wants To Cut Cosmos Compatibility and Go All-In on Ethereum
A Sei Network developer proposed to depreciate the blockchain’s Cosmos support on Wednesday in a bid to remove “unnecessary” complexity for users.The proposal, if successful, will make it so Sei users will only be able to send and receive transactions that are compatible with Ethereum.Cutting Cosmos support will significantly simplify the blockchain, reduce infrastructure overhead, and position Sei more strongly within the broader Ethereum ecosystem, Philip Su, Sei Labs’ Engineering Lead, said in the proposal.“This transition will lead to greater adoption, improved developer experience, and a more cohesive community,” he said.The move comes as blockchain infrastructure builders compete to draw in developers and expand their orbits.Ethereum-based infrastructure, which runs on software called the Ethereum Virtual Machine, or EVM, is what...