🚀 Pump.fun introduces Cashback Coins, allowing creators to redirect all Creator Fees to traders instead of token deployers. This move comes as the platform continues to iterate on its model amid weaker memecoin activity.
🔮 Bitwise and GraniteShares have filed applications to create ETFs focused on the prediction market. Additionally, Bitwise is launching a new platform called PredictionShares, aimed at providing access to prediction markets.
🇺🇸🏦 The cryptocurrency industry lobbying organization Coin Center has sent a letter to the U.S. Senate Banking Committee. The letter urges the committee to advance legislation that would prevent the prosecution of cryptocurrency developers with good intentions.
💰 Dragonfly Capital has closed its fourth fund at $650 million, marking it as one of the largest venture capital raises in the cryptocurrency industry recently. This achievement comes despite the prolonged downturn in the sector.
👩💻 Gemini Parts Ways With CFO, COO and CLO in Major Shakeup
👀 Crypto exchange Gemini announced the departure of its CFO, COO and CLO. 👀 The changes mark a significant reshuffling of the company’s executive leadership.