Pump.fun’s recent cash-outs have reignited a familiar debate in crypto about when profit becomes “extraction” and when it is simply the result of a business model working as designed. The discussion intensified after on-chain data showed the Solana-based meme coin launchpad transferring funds to centralized exchanges while reporting one of the most profitable quarters of the cycle. According to Arkham data, Pump.fun deposited about $50,000 to Kraken in the past 24 hours. Source: Ted Pillow More signif ...

LATEST: 🤝 Swedish investment firm Hilbert Group has acquired high-frequency crypto trading platform Enigma Nordic in a deal worth up to $25 million, with $17.5 million in performance-based earn-outs. https://t.co/t4kB8mfWFq ...

Famous cryptocurrency investors Cameron and Tyler Winklevoss filed for an initial public offering for their Gemini crypto trading platform. https://t.co/Rlk5XEZp4b ...

Lykke, a UK-registered crypto trading platform, suffered a hack last year, resulting in the loss of approximately $22.8 million worth of Bitcoin, Ethereum, and other assets. The UK government attributed the attack to the North Korean hacker group Lazarus. The company was liquidated in March of this year, and founder Richard Olsen was declared bankrupt. The company is currently under criminal investigation in Switzerland.https://t.co/TytCp63QLb ...

Security Incident - Crypto trading platform WOO X is suspected of being attacked [1] - Estimated loss of more than $12 million [1] Impacted Assets - The attack covers BTC, ETH, BNB, and ARB networks [1]

Analyst Ratings - Bernstein analysts increased Coinbase's price target by approximately 64% from $310 to $510 [1] Stock Performance - Coinbase's stock price experienced a 12% increase on Tuesday [1]