A legal expert says Pump.fun's extreme livestream content involves threats, scams and illegal behavior that can open up criminal investigations and civil lawsuits.
Pump.fun, a decentralized launchpad for meme coins, has suspended its live streaming feature following its reported use to share shocking and controversial videos. The platform, known for enabling users to promote Solana-based crypto token launches through live streams, has faced mounting criticism after alleged instances of dangerous and odd behavior surfaced.
Solana-based memecoin launchpad Pump.fun paused its live stream feature indefinitely to tackle rampant inappropriate activity on the platform, according to a Nov. 25 statement. Pump. fun's team said that it has been moderating harmful content, recently doubled the size of its human moderators, and is investing in automated moderation systems.
US miners are waiting for their miners but a branch of Homeland Security won't let them take them.
Pump.fun has slammed the brakes on its live streaming feature after a flood of horrific incidents turned the platform into a nightmare. Once hailed as an innovative tool for crypto creators to hype their meme coins, the livestream function quickly spiraled into chaos, with users exploiting it for violence, threats, and outright insanity.
Pump.fun halts livestreams indefinitely amid reports of harmful content, promising stronger safeguards and improved moderation tools. The post Pump.fun halts livestreams indefinitely after community backlash appeared first on Crypto Briefing.
Memecoins, those tokens often inspired by jokes or memes, are no longer just simple curiosities in the crypto universe. They are becoming true cultural phenomena, largely thanks to TikTok, the favorite network of Generation Z.
The FCC has reportedly requested Customs and Border Protection (CBP) to hold shipments of Bitmain's Antminer units at U.S. ports due to rising sanction concerns. The post FCC and CBP Freeze Bitmain Antminer Imports Amid Scrutiny: Report appeared first on Cryptonews.
Besides typical weekend volatility, activities in both the derivative and spot markets caused the downtrend.
Popular crypto analyst Nicholas Merten says that the time for altcoins to start outpacing Bitcoin (BTC) has arrived. In a new strategy session, Merten shares with his 508,000 DataDash subscribers an OTHERS chart, which depicts the total crypto market cap excluding the top ten coins to gauge altcoin market strength.
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Skybridge founder Anthony Scaramucci analyzes the Democrats' electoral flop and names crypto as a key reason for their loss.
OpenTrade previously raised $3.2 million in seed funding in April of this year.
Individuals deployed pump.fun live streams for increasingly "heinous" purposes to boost their token's valuation.
Real-world asset (RWA) tokenization has undergone a dramatic transformation in 2024, with on-chain value exceeding $13B. Experts and institutions are reimagining finance, blending DeFi and TradFi with regulatory tailwinds and technological breakthroughs. Learn how this trend is shaping the future. The post The Crypto Community Witnesses a Rebirth of RWA Tokenization in 2024 appeared first on Cryptonews.
The crypto market reached a new all-time high of nearly $3.5 trillion, with Bitcoin (BTC) leading the charge due to a rapid influx of institutional capital. Additionally, the market share of altcoins excluding Ethereum (ETH), known as Total 3, reached its highest level in over three years.
Can a platform that lets anyone mint tokens for free handle the ethical fallout of unmoderated content? Pump.fun's livestream feature is at the centre of a disturbing controversy.
Deputy US Attorney Edward Y. Kim will serve as the acting head for the Southern District of New York until the Senate confirms one of Donald Trump's nominees.
November's gains have pushed DeFi's total value locked back to levels last seen in 2021, reaching $118.4 billion on Nov. 25.
The SEC reported an unprecedented $8.2 billion in fiscal penalties, mainly due to Terraform Labs' record $4.47 billion settlement.
Listen and subscribe to Financial Freestyle on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Web3 Media president Chris Lyons is constantly searching for what's next in technology.
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A prominent non-profit crypto advocacy group is naming the biggest current threats to the digital assets industry.
According to Rep. Wiley Nickel, Democratic presidential candidate Kamala Harris could have made a “really big error” not courting voters in favor of crypto earlier.
Seven U.S.-based mining companies have not been provided a clear reason for the delays or a timeline for resolution, according to Blockspace.
Robinhood Markets Inc (NASDAQ: HOOD) has already doubled over the past four months but the coming year will still likely be a strong one for this financial technology company, as per a Morgan Stanley analyst.
Linea unveils its plans for decentralization and the establishment of the Linea Association at DevCon Bangkok, marking a significant step in its growth and governance.
Judge Federico Moreno must now decide whether or not to approve the settlement. If approved, it would put an end to claims that he advocated for securities that were not registered.
The integration with Binance Connect empowers millions worldwide by simplifying crypto transactions and expanding access to digital assets.
Cryptocurrencies continue to break records, attracting the attention of investors worldwide. Here is an overview of five cryptos that recently reached their all-time high (ATH), marking impressive increases and demonstrating the dynamism and growth potential of this expanding market.
Crypto All-Stars ($STARS) revolutionizes meme coins by integrating a multi-token staking platform with up to 336% APY. With $5.8M raised in presale and endorsements from crypto influencers, $STARS is set to redefine returns for investors. Join its growing community and tap into its unique features. The post Crypto All-Stars ($STARS): 25 Days Countdown to the Next Big Meme Coin Revolution appeared first on Cryptonews.
Digital asset investment products have recorded their largest-ever weekly inflows of $3.13 billion. The post Digital Asset Investments See Record $3.13B Weekly Inflows, YTD Total Reaches $37B appeared first on Cryptonews.
Digital assets products bagged $3.12 million from institutional investors as the market enters a maturity phase.
From finance to supply chain management, blockchain's decentralised nature offers unparalleled opportunities for innovation and efficiency.
The Economic Secretary to the Treasury said at the Tokenization Summit that the UK government is continuing to press on with the integration of traditional finance and crypto assets Tulip Siddiq, the Economic Secretary to the Treasury talked about distributed ledger technology (DLT) in her keynote address.
The reward distribution follows a two-phase approach: Phase 1 runs from November 22, 10:00 UTC to November 25, 23:59 UTC, with rewards distributed on November 26. Phase 2 will distribute the remaining rewards within seven days after the campaign ends.
The sheer volume of data and the insights it offers are nothing short of fascinating.
Renowned American personality and millionaire MrBeast has finally broken his silence on crypto scam allegations, turning heads across the cryptocurrency industry. The American, aka James Stephen “Jimmy” Donaldson, recently spoke in an interview with Youtuber Oompaville, offering a clear insight into the pump-and-dump scam allegations against him.
Solana-based platform Pump.fun faces criticism for livestreams allegedly broadcasting violent and harmful acts, with users calling for stricter moderation.
Singapore Gulf Bank plans to raise $50 million by selling 10% equity to buy a stablecoin payments company in 2025. The funds will be used to develop new products, improve payments, and grow the team.
Polygon (POL), the scaling solution for Ethereum, has been on a strong upward trajectory recently, with its price increasing by nearly 52% over the last month. However, the recent transfer of 2 million POL tokens, worth approximately $915,000, from Alameda Research to Binance has raised questions about its potential impact on the token's price.
A bot made over $6.5 million in profits by snipping memecoins on the Solana-based memecoin generator platform, Pump.fun. In the meantime, the platform is in the line of fir for its livestream feature.
SPQR has come up as one of the latest entries in the memecoin craze, gaining attention after a recent rally and subsequent cooling-off period.
The Solana memecoin launchpad has been criticized amid reports of users threatening violent acts unless their tokens reach certain prices.
12% of UK adults now own crypto, up from 10% in previous findings, according to research by UK's Financial Conducts Authority.
Suriname's new presidential candidate Parbhoe wants a deeper Bitcoin nation than Nayib Bukele's El Salvador.
Coin Center raised concerns over ongoing surveillance policies, AML enforcement, and criminal charges that could still stifle innovation despite a more favorable political environment.