Pump’s ‘Mayhem Mode’ Shows Weak Impact in First Week
Back to News Pump.fun’s newly introduced “Mayhem Mode” has failed to deliver the surge in activity or revenue the platform hoped for in its first week, according to early data. The feature, launched to speed up initial price discovery of newly created tokens, allows a self-governing AI trading agent to randomly buy and sell a […]
Ark Invest Boosts Coinbase, Circle, and Bullish Stakes
Back to News Cathie Wood’s Ark Invest was not in a hurry to sell off its crypto-related equities. On Tuesday, it added more exposure through two of its exchange-traded funds while the investor interest in digital-asset companies was at a very high level. Ark’s trade filing reveals that the ARK Innovation ETF (ARKK) and the […]
Kraken Hits $20B Valuation After Citadel Investment
Back to News Kraken’s valuation has escalated to $20 billion after the U.S.-based crypto exchange announced that it raised $800 million in two tranches in the last two months. Among the fundraising activities, there was a strategic investment by Citadel Securities, which is one of the most significant institutional endorsements for a crypto exchange going […]
