Author: NBTC
Pump.fun, the popular Solana-based memecoin launchpad, is reportedly testing its automated market maker which could replace Raydium as the default decentralized exchange for graduated tokens. The development was first spotted by X news aggregator platform Aggr News, which took notice of amm.pump.fun, a new liquidity pool under internal testing. If implemented, Pump.fun’s in-house AMM would allow the platform to capture more fees, potentially impacting trading fees on Raydium (RAY). https://t.co/wohP4puuSl TESTING IN-HOUSE AMM, POTENTIALLY REPLACING RAYDIUM AS THIRD PARTY PROVIDER: WEBSITE pic.twitter.com/VLavRsRHFQ — Aggr News (@AggrNews) February 24, 2025 The shift comes as memecoins continue to command huge volumes in…
Two Colombian regulators have proposed another bill that would serve to regulate crypto. The bill consists of 16 provisions, including a VASP licensing system for crypto firms. According to local media outlet El Colombiano, the bill aims to establish a legal framework that would ensure protection for crypto users and encourage more investment in the nation’s budding crypto industry. The bill outlines a total of 16 articles that cover several crypto-related aspects including monitoring, marketing rules, education, crypto tax, as well as anti-money laundering and counter-terrorism financing measures or AML/CFT. In addition, the bill also proposes a virtual asset service…
Key Takeaways El Salvador resumed its Bitcoin buying strategy, adding 7 BTC worth $661,000. The purchase aligns with an IMF agreement, modifying Bitcoin policies in El Salvador. El Salvador purchased 7 Bitcoin worth $661,000 today, resuming acquisitions after pausing its daily buying strategy on Feb. 18, according to Arkham Intelligence data. The Central American nation now holds 6,088 Bitcoin, valued at approximately $558 million at current prices. The country had previously implemented a strategy of purchasing one Bitcoin daily, which began in November 2022. The halt came amid El Salvador’s recent agreement with the International Monetary Fund (IMF), a 40-month…
Liam Heeger spent two years as a core engineer for Firedancer, the high-performance Solana client being written from scratch by Jump. In January, Heeger announced he had left Jump to create his own layer-1 blockchain called Unto. The next day, news broke that Jump was suing Heeger for violating his non-compete agreement by working on a new high-performance blockchain. Jump and Heeger settled the case in late February, so I was finally able to catch up with Heeger and get more details on Unto. In short, the layer-1 will architect a new virtual machine to try and improve on Solana’s…
One of those that suffered the biggest decline during the correction in Bitcoin and altcoins was undoubtedly Ethereum (ETH). While the Ethereum price retreated to the $2,000,000 level, the increasing expectation before the White House Crypto Summit to be held on March 7 has led the ETH price to reach the $2,300 level. While Ethereum has been experiencing volatile movements, on-chain analytics firm Glassnode has explained what ETH investors have been doing during the recent price fluctuations. Stating that Ethereum investors are actively managing their positions, Glassnode said that it lowered its cost basis by purchasing the dip. After Ethereum…
Arthur Hayes has dropped part three of his essay series, and it’s exactly what you’d expect—raw, technical, and unapologetically direct. Titled “KISS of Death,” the essay tears into President Donald Trump’s financial strategy, the Federal Reserve’s shenanigans, national debt manipulation, and what it all means for crypto investors. The core theme? Debt, liquidity, and control. The essay rips through the dynamics between Scott Bessent at the Treasury, Jerome Powell at the Fed, and Trump’s economic playbook. Trump’s debt game and Powell’s role Arthur kept it real: He reminded readers that Trump is a real estate guy. He builds empires with…
Raydium’s RAY token plummeted Sunday amid speculation that meme coin launchpad Pump.fun is preparing to launch its own automated market-making system. RAY has dropped 22% over the past 24 hours to $3.28 and is down a further 5% over the past hour, according to data from GeckoTerminal. Pump.fun has yet to respond to Decrypt’s request for comment. Raydium’s representatives have not publicly addressed the situation nor returned requests for comment. The sharp decline follows the discovery of an apparent test version of an AMM that could redirect significant trading volume away from Raydium’s platform. “Raydium has benefited significantly from Pump.fun,…
The U.S. Securities and Exchange Commission (SEC) is undertaking a full-scale retreat from much of the major crypto litigation started under former Chair Gary Gensler, but not everyone is off the hook. At least four lawsuits against crypto companies — Ripple, Kraken, Cumberland DRW and Pulsechain — remain ongoing, and probes into another three firms — Unicoin, Crypto.com and Immutable — have not yet been closed. SEC Commissioner Hester Peirce, the leader of the agency’s newly-created Crypto Task Force, has already made good on her promise earlier this month to “disentangle” the SEC from various crypto-related litigation. The agency has…
Robinhood will host a trivia game in its mobile application over the next two days, providing more than $2 million in Bitcoin and Dogecoin prizes to participants. Eligible U.S. customers with a Robinhood account can participate in the Day 1 contest which kicks off at 4:45pm ET today. The contest will offer 12 multiple-choice trivia questions related to finance, economics, and cryptocurrency topics, and users will have 10 seconds to answer each. Users who answer all questions correctly will split the $1 million in Bitcoin for each day’s prize pool. If no users answer all correctly, then those who answered…
Trikon Partners created a strategic business relationship with Artgee Finance to develop modern trading solutions for digital assets across borders. 📣 Trikon X Artgee Finance 🤝 @ArtgeeFinance is a leading global platform transforming the cross-border movement of digital assets by integrating AI-driven smart contracts, blockchain technology & real-world financial instruments.This means easier cross-border trading of… pic.twitter.com/wa4L4YQMfR — Trikon (@0xTrikon) March 4, 2025 Through their collaboration, the platforms offer both easier trading methods and enhanced security alongside blockchain-based transaction capabilities for new digital owners. Background on Artgee Finance The market recognizes Artgee Finance as the premier innovator of digital asset trading.…