Rumors

Pump.fun considering token launch with B fully diluted value, B sale

Pump.fun considering token launch with $4B fully diluted value, $1B sale

Pump.fun plans to raise $1 billion through a token sale that would assign the Solana-based memecoin launchpad a $4 billion fully diluted token valuation, Blockworks reported on June 3, citing two people familiar with the matter. Sources said the offering will target both public and private buyers. However, they did not specify whether the new […]

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Brad Garlinghouse denies Ripple’s reported  billion bid to acquire Circle

Brad Garlinghouse denies Ripple’s reported $5 billion bid to acquire Circle

Ripple CEO Brad Garlinghouse said the company never tried to buy Circle, countering reports of a multibillion-dollar takeover bid. Georgetown Law professor Chris Brummer said Garlinghouse told him during an on-stage interview at a private event in Las Vegas on June 1 that Ripple “never pursued an acquisition of Circle” and the topic was not

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Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’

Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’

Eric Trump and Donald Trump Jr. denied involvement in Magic Eden’s June 3 announcement of a partnership to develop a “Trump Wallet.” On June 3, Magic Eden announced it was developing a new Trump wallet and shared a landing page with a public waitlist. The page promoted $1 million in TRUMP memecoin payouts through a

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Cardano’s Hoskinson denies ADA misappropriation allegations, calls them deeply personal and damaging

Cardano’s Hoskinson denies ADA misappropriation allegations, calls them deeply personal and damaging

Cardano founder Charles Hoskinson expanded his response to allegations that Input Output Global (IOG) misappropriated over 318 million ADA from unredeemed pre-sale wallets, calling the situation deeply personal and damaging. In a May 18 post on X, Hoskinson reflected on the reputational toll of the allegations, noting that the incident has reshaped his view of

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Circle in talks with Coinbase, Ripple over potential sale amid B IPO plans

Circle in talks with Coinbase, Ripple over potential sale amid $5B IPO plans

Circle is pressing ahead with plans to go public, but the stablecoin issuer is also exploring the possibility of a sale to either Coinbase or Ripple, Fortune reported on May 19, citing people familiar with the matter. The company filed paperwork in April for a long-awaited initial public offering (IPO) targeting a $5 billion valuation,

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Zerebro co-founder Jeffy Yu allegedly commits suicide amid speculation and mystery

Zerebro co-founder Jeffy Yu allegedly commits suicide amid speculation and mystery

Information is spreading online that Jeffy Yu, co-founder of the AI Agent crypto project Zerebro, died following a livestreamed suicide on May 4. Cryptoslate has been unable to verify whether the reports are accurate or a part of a darkly elaborate marketing campaign for a new memecoin. The event was initially confirmed by an obituary

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