Burwick Law and Wolf Popper LLP have issued a cease-and-desist letter to Pump.fun, demanding the removal of tokens that allegedly misuse their branding. The firms accuse the Solana-based platform of enabling fraudulent schemes and warn of legal action. Law Firms Demand Removal of Fraudulent Tokens on Solana-Based Platform Two law firms, Burwick Law and Wolf…

TVM Ventures launches a $100 million fund to expand the TON blockchain ecosystem, focusing on DeFi, payments, and security. The initiative aims to support 500 million on-chain users by 2028 through strategic investments. TVM Ventures Investment to Drive DeFi, Payments, and Security on Telegram-Linked Blockchain TVM Ventures has announced a $100 million fund to support…

Bitcoin hashrate remains near record highs as the network prepares for a 4.6% mining difficulty increase. Learn how this adjustment impacts miners and Bitcoin’s overall stability. Bitcoin Hashrate Nears Record Levels as Mining Difficulty Set to Rise Bitcoin’s hashrate remains steady near record highs, with the network currently operating at 825.85 exahash per second (EH/s),…

Bitdeer acquires a 101-megawatt permitted site in Alberta for $21.7M to build a bitcoin mining power plant and data center. The project includes a $90M natural gas power plant and a $30M mining facility, with full energization expected by Q4 2026. Bitdeer Acquires Bitcoin Mining Operations with New Power Project Bitcoin mining firm Bitdeer has…

Bloomberg Exchange Traded Fund analyst James Seyfartt revealed that the United States Securities and Exchange Commission has acknowledged Grayscale’s Solana’s 19b-4 marking a significant step toward the Solana ETF launch.  James Seyffart revealed the filling on his X page, stating that the deadline for the application will be somewhere around October 11.  Solana has been…

The Japanese Financial Services Agency recently demanded Tech giants Apple and Google remove their platforms from a list of top exchanges operating in the country.  The exchanges involved include Bybit, Kucoin, Mexc, Lbank and Bitget. These exchanges are among the top exchanges in the crypto industry and are locked in a regulatory tussle with the…

South Korea blocks DeepSeek AI chatbot on government devices due to data privacy risks, joining France and Italy in similar actions.

Coinbase announces the launch of perpetual futures for PENGU, Popcat, and Helium (HNT) on February 13, 2025, boosting market liquidity and activity.

SEC invites public comments on Grayscale’s Litecoin Trust proposal to convert into an ETF.

Bybit, one of the leading top exchanges in the crypto industry, has fully registered with India’s Apex Financial Regulatory Agency.  Bybit, in a press release, announced that it had completed its registration with India’s Financial Intelligence Unit, settling disputes and addressing all regulatory issues.  Bybit recently faced regulatory challenges with India’s Financial Intelligence Unit (FIU-IND). …