News with the tag "Pudgy Penguin"

Canary Capital has submitted a registration filing to the United States Securities and Exchange Commission (SEC) for the launch of the first-ever Pengu exchange-traded fund (ETF). This move adds to the growing list of crypto asset managers seeking regulatory approval for digital asset-based ETFs. Ac...

Key Takeaways: The fund merges distinct digital tokens with NFT collectibles for a mixed asset approach. It relies on established blockchain currencies to facilitate transactions. This regulated product offers a new method for investors to combine various crypto holdings. The filing mirrors a growin...

Asset manager Canary Capital has filed with the United States Securities and Exchange Commission (SEC) for an exchange-traded fund tracking PENGU, the governance token for the Pudgy Penguin. The ETF would hold both PENGU and Pudgy Penguin nonfungible tokens (NFT), as well as other cryptocurrencies, ...

Multiple users have been compromised on Abstract Chain, an EVM-compatible L2 solution, though the issue was limited to specific wallets. Abstract Chain says its platform remains secure, and no network-wide issue has been noticed. Abstract Chain users with exposure to the Cardex app may be individual...

Pudgy Penguins NFT holders have amassed significant rewards from a series of lucrative airdrops over the past year. The latest data suggest that this figure could be around $137,000 per NFT at peak valuations. Pudgy Penguins Holders Score Big According to CoinGecko’s latest report , the largest cont...

In a surprising development, NFT brand Doodles announced the launch of its official token, DOOD, on the Solana blockchain. In addition to Solana, Doodles has plans to bridge the DOOD token to the Base network. Doodles To Launch DOOD on Solana In a recent X post , Ethereum NFT brand Doodles introduce...

Newly launched altcoins often receive a lot of hype, resulting in their initial price jumps. However, historical data reveals that most of these face a sell-off right after that, continuing for weeks or even months. This trend is clearly visible in three meme coins: Pudgy Penguin (PENGU), Animecoin ...

Coinbase added three relatively new altcoins to its listing roadmap on Friday, putting the tokens on the potential path toward trading on the top US digital asset exchange. The firm could soon support Morpho ( MORPHO ), Popcat ( POPCAT ) and Pudgy Penguins ( PENGU ). Morpho is a decentralized lendin...

Abstract, the layer-2 network rolled out this week by Pudgy Penguins, is off to a muted start despite offering a series of incentives to new users. The network notched 711,000 user transactions on the day of release, but that respectable total has been overshadowed by a lack of inflows. Its total va...

After TRUMP’s inauguration, the crypto market is witnessing renewed activity, with memecoins gaining investor attention. Among the highlights are 5 TRUMP Memecoin Rivals expected to deliver remarkable returns in 2025. Investors speculate these tokens could potentially turn $50 into $500k this month....