Pump.fun laid off workers before they received millions in PUMP tokens: Report

Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to said the company growing too quickly.

Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to said the company growing too quickly.
“Today’s draft is a meaningful step toward the Senate vote on the Clarity Act we’ve been calling for,” said Digital Chamber CEO Cody Carbone in a statement. “We’re encouraged, and we’re ready to keep working until the bill reaches the president’s desk.” One thing that may land as a significant relief for the decentralized finance…
Airbnb CEO Brian Chesky said his X account was hacked, and the attacker posted a thread promoting tokenized real-world assets (RWAs) that was criticized as being heavily AI-assisted. The now-deleted posts argued that tokenization could make buildings, bonds and funds easier to divide, trade and settle. The thread referenced trading platform Robinhood’s push into tokenized…
Interpol said a crypto wallet linked to a 20-year-old fraud suspect processed more than $122.5 million over 10 months. Police in Thailand arrested two people in a money-laundering investigation involving romance-scam proceeds moved through crypto and cross-chain token swaps. The swaps were used to obscure the financial trail, Interpol said in a July 9 account…
The market has had plenty to digest this week, so not every headline deserves the same treatment. This one does, because bnb price stabilizing near crucial ranges indicates solid exchange ecosystem demand patterns. That gives it a clearer place in the NewsBTC/Bitcoinist daily coverage map. For more details, visit the official Arkham platform. TL;DR BNB…
Grayscale wants to turn staking rewards from its Ethereum and Solana funds into cash payouts at least once a quarter, starting around Aug. 7. That would give investors a straightforward way to compare what each fund actually delivers. In July 17 SEC filings for the Grayscale Ethereum Staking ETF and Grayscale Solana Staking ETF, the…
The SEC has approved a NYSE Arca rule change that raises position and exercise limits for options on BlackRock’s iShares Bitcoin Trust, giving institutional traders more room to hedge and express larger views around the spot Bitcoin ETF market. The change increases limits for IBIT options from 250,000 contracts to 1,000,000 contracts, according to the…