Raydium's RAY Token Drops 25% Following Pump.Fun's AMM Test Announcement
Crypto observers noted that the popular Solana platform, Pump.Fun, is testing its own AMM, affecting the sentiment for Raydium's tokens.

Crypto observers noted that the popular Solana platform, Pump.Fun, is testing its own AMM, affecting the sentiment for Raydium's tokens.
A surge in Solana's put options trades highlights increased whale activity, signaling concerns about an impending unlock and declining market values.
Bybit successfully reinstates a 1:1 backing of client assets after facing a significant $1.4 billion hack.
U.S. authorities have seized $31 million from the 2021 hack of Uranium Finance, a now-defunct DeFi platform, highlighting a significant recovery effort.
Despite a rise in Tonchain users, Toncoin's value is struggling. Can the resurgence of DeFi initiatives boost TON prices back to their earlier highs?
Garantex, the cryptocurrency exchange based in Russia, has been added to the EU's sanctions list due to its connections with Russian banks under existing sanctions.

Helium Mobile is gaining traction in Mexico with a significant partnership, which is expected to influence HNT pricing positively.
Michael Saylor, the CEO of Strategy, has continued to make headlines with significant Bitcoin investments, acquiring another $2 billion worth recently.
The Raydium token experiences a significant drop amid rumors that Pump.fun is developing its own automated market maker feature, raising competition concerns.
Bgin Blockchain Limited has filed for a public offering in the U.S., aiming to raise up to $50 million for expanding its crypto mining operations.
A prediction that Decentralized Physical Infrastructure Networks (DePIN) will revolutionize technology through collective innovation.
The eXch exchange denies claims of laundering funds from the Bybit hack, asserting its operations are legitimate.

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