X has suspended over 20 crypto-related accounts as of Monday, with the bans hitting Pump.fun and its co-founder, Alon Cohen.
Cryptocurrency News
Optimism targets decentralization with ‘season 8’ governance revamp [cointelegraph]
A new approval process, where most Optimism proposals will auto-pass unless a stakeholder vetoes, will come into force on Aug. 1 to reduce the burden on contributors.
JPMorgan files for JPMD trademark as GENIUS Act heads to vote — is a stablecoin in the works? [btcmanager]
JPMorgan Chase has filed a trademark application for “JPMD,” prompting speculation the bank may be preparing to launch its stablecoin. The application, filed on June 15 with the U.S. Patent and Trademark Office, describes JPMD as a service for “trading,…
Arthur Hayes says to trade new stablecoin IPOs like a ‘hot potato’ [cointelegraph]
The BitMEX founder warned that most new stablecoin issuers will be overvalued and likely fail due to locked distribution channels.
9GAG founder’s MemeStrategy gains 29% after first Solana buy [cointelegraph]
Hong Kong tech investment firm MemeStrategy has added Solana to its balance sheet and has pledged to stake Solana tokens to support network security and earn rewards.
Paradigm urges jury clarity in Roman Storm’s Tornado Cash case [cointelegraph]
Paradigm’s chief legal officer and general counsel said if Roman Storm is found guilty, it could slow future software development in the crypto and fintech industries.
Bitcoin production costs up 9% on higher hashrate, energy prices [cointelegraph]
The median cost of mining a single Bitcoin was only $52,000 in Q4, but jumped 23% in the first quarter and has risen again in Q2.
Bitcoin dips amid reports Trump has called advisers to situation room [cointelegraph]
Bitcoin has lost recent gains in a $2,000 slide as Middle East tensions escalated on Monday night.
ZKJ crypto price pumps 20%: is this a dead cat bounce? [btcmanager]
The Polyhedra Network price bounced back on Monday as investors attempted to buy the dip after it plunged by over 87% on Sunday. Polyhedra Network (ZKJ) token was trading at $0.374, up 47% from its lowest point this week. This…
ZKJ crypto price pumps 20%: is this a dead cat bounce? [btcmanager]
The Polyhedra Network price bounced back on Monday as investors attempted to buy the dip after it plunged by over 87% on Sunday. Polyhedra Network (ZKJ) token was trading at $0.374, up 47% from its lowest point this week. This…