News with the tag "Pump Fun"

A recent report by Solidus Labs has raised concerns about the validity of tokens launched on Pump.Fun, a site that allows users to create and trade meme coins quickly, has found that 98.6% of the tokens launched on Pump.Fun are linked to scams, such as rug pulls or pump-and-dump schemes. Ominous Pum...

The co-founder of the Artificial Intelligence (AI) crypto project Zerebro has been accused of faking his death and dumping on investors after recent reports claim the developer pulled the stunt as an “exit liquidity strategy.” Crypto Developer Allegedly Dies On Livestream This week, the crypto commu...

An X account impersonating Hong Kong’s Chief Executive, John Lee Ka-chiu, launched a fake national cryptocurrency on Solana’s token launchpad Pump.fun. The account promoted the token to its thousands of followers, seemingly aiming to capitalize on the recent Political memecoin frenzy. Hong Kong Gov’...

Pump.fun, which led the memecoin market trend, is now facing challenges. The decentralized platform used to have thousands of new tokens daily, but now fewer coins are making it to Raydium, a decentralized exchange. Pump.fun is struggling to stay popular as the memecoin hype trend slows. How Pump.fu...

The ongoing LIBRA token scandal has taken the crypto industry by storm, sparking several debates regarding user protection, the market’s state, and bad actors taking advantage of the cycle’s memecoin frenzy. Pump.fun’s founder joined the discussion and urged token launchpads to work on practices to ...

The fallout from the LIBRA memecoin debacle continues to ripple through the Solana ecosystem. The founder of the token launchpad Pump.fun called for stricter protections against insider manipulation. The controversy erupted after LIBRA, a token briefly shared by Argentina’s President Javier Milei , ...

Alon, Pump.fun co-founder, has denied plans for a possible token issuance and has dismissed such rumors. Alon stated this in an update he posted on X. He told community members to ignore it as the information did not originate from the official pump.fun handle. Legal Battle Intensifies Over Alleged ...

American rapper and record producer Kanye West has been in the news lately following his surprise appearance at the Grammys 2025. The hip-hop superstar has been actively posting on X, teasing a possible crypto collaboration with Coinbase CEO Brian Armstrong. ‘Crypto Yeezy’? In a February 7 post on X...

Burwick Law and Wolf Popper LLP, two U.S.-based law firms, have issued a cease-and-desist letter to Pump.Fun, a popular Solana memecoin launchpad. The firms demand the immediate removal of tokens that misuse their names, logos, and intellectual property. Burwick Law Accuses Pump.Fun of Ignoring IP V...

The woes for Pump.fun, the platform that allows the launch of meme coins on Solana, keep piling. A second lawsuit has been filed against the platform, claiming it engages in fraudulent activities and violated US securities laws. This development joins the list of growing scrutiny against meme coin p...