President Donald Trump’s eldest son, Donald Trump Jr., has invested in Thumzup Media Corp., a social media firm building a Bitcoin treasury. According to Bloomberg, Trump Jr. acquired 350,000 shares of the Los Angeles-based company, valued at over $4 million…
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Donald Trump Jr. acquires stake in Bitcoin-heavy social media company Thumzup [btcmanager]
President Donald Trump’s eldest son, Donald Trump Jr., has invested in Thumzup Media Corp., a social media firm building a Bitcoin treasury. According to Bloomberg, Trump Jr. acquired 350,000 shares of the Los Angeles-based company, valued at over $4 million…
Trump’s Truth Social teases utility token launch for account rewards [btcmanager]
Trump Media’s Truth Social hints at plans to launch a utility token that will be tied to user social media accounts as a means to accumulate rewards through the modified platform. In a recent post shared on the Trump-backed social…
Pump.fun to launch PUMP token via ICO on July 12 — what you need to know [btcmanager]
Pump.fun, the Solana-based memecoin launchpad, is launching its official token, PUMP, through an initial coin offering on Saturday, July 12. The official announcement was made on July 9 via Pump.fun’s official X account. The ICO will offer 15% of the…
YZi Labs backs launch of BNB treasury company eyeing U.S. IPO [btcmanager]
YZi Labs, formerly Binance Labs, has thrown its support behind the launch of a new digital asset treasury firm focused entirely on BNB. The initiative, announced by YZi Labs in a July 9 press release, will operate under the name…
Monad acquires Portal Labs to expand stablecoin payment capabilities [btcmanager]
Monad Foundation has acquired Portal Labs, the stablecoin wallet infrastructure startup, in a move to strengthen its payments offering ahead of Monad’s upcoming mainnet launch. The acquisition was announced in a July 9 press release via Business Wire. Portal, which…
BREAKING: Bitcoin price hits record high as ETF demand overwhelms bearish market setup [btcmanager]
Bitcoin has officially entered price discovery mode, breaking its May high as bearish indicators failed to contain ETF-led flows, growing corporate balance sheet adoption, and macro tailwinds. Traders who bet against the breakout are now fueling the rally’s next leg.…
Justin Sun claims he will buy $100M in Official Trump memecoin [btcmanager]
Justin Sun has made a bold promise to invest $100 in Trump’s memecoin.
GMX crypto price outlook after team explains $40m hack [btcmanager]
The GMX crypto token nosedived on July 9 after the popular perpetual exchange on Avalanche and Arbitrum was hacked. GMX (GMX) token plunged to a low of $10.20, its lowest level since April 7. The token has dropped nearly 40%…
Crypto hackers lift $42m from GMX’s Arbitrum liquidity pool in broad daylight [btcmanager]
Despite layers of scrutiny, GMX’s V1 GLP pool was hacked for over $40 million in a brazen exploit. With leverage functions now frozen, traders are left wondering: How did audited contracts crack? And what does this mean for DeFi’s perpetual…