Author: Token Flash
The memecoin launchpad wars rage on, but the most recent development has letsBONK tokens in free fall. Almost immediately after memecoin launchpad letsBONK flipped pumpfun in terms of volumes and revenue, centralized exchange Gate published a webpage that unveiled PUMP token sale information, appearing to confirm the pumpfun token launch reports from June.The PUMP token sale page on Gate was quietly taken down within hours of it circulating on X yesterday, July 7, and the page currently shows a 404. But the initial discovery of its existence sent letsBONK tokens tumbling in anticipation of liquidity demand from the PUMP sale.…
Bitcoin trades flat while Ethereum climbs and XRP dips.Major digital assets held their ground on Tuesday, despite rising geopolitical tensions, as President Donald Trump threatened steep tariffs on nearly a dozen countries beginning next month. The global crypto market cap fell 3% over the past 24 hours to $3.43 trillion. Bitcoin (BTC) is currently trading near $108,400, flat on the day but still up 2.3% over the past week. Ethereum (ETH) gained 1.6% in the past 24 hours and is now up over 6% in the last seven days, outperforming other top digital assets.ETH 7-day price chart. Source: CoinGeckoXRP, on…
New products, the recent Robinhood partnership, and a growing role in asset tokenization are helping to drive growth on the L2. Arbitrum, a top Ethereum Layer 2 (L2) scaling solution, recorded strong momentum in the second quarter of 2025, thanks to new product launches, a partnership with retail brokerage giant Robinhood, and more activity around tokenized real-world assets (RWAs).The L2’s total value locked (TVL) grew nearly 32% from $1.9 billion in April to over $2.5 billion as of today, July 8, according to data from DeFiLlama. Meanwhile, decentralized exchanges (DEXs) on Arbitrum have processed over $544 billion in cumulative volume,…
The Dubai Financial Services Authority has granted regulatory approval for the QCD Money Market Fund, the first tokenised money-market vehicle authorised in the Dubai International Financial CentreThe Dubai Financial Services Authority has granted regulatory approval for the QCD Money Market Fund, the first tokenised money-market vehicle authorised in the Dubai International Financial Centre. The fund, branded QCDT, is sponsored by Qatar National Bank with the digital infrastructure provided by DMZ Finance.QCDT will hold short-dated traditional assets such as US Treasuries while issuing on-chain tokens that represent investor shares. The structure is designed to supply bank-eligible collateral, stablecoin reserves and exchange…
Pakistan’s federal cabinet has approved the creation of the Pakistan Virtual Assets Regulatory Authority, an independent body that will license, monitor and supervise virtual-asset service providers while aligning the country’s rules with Financial Action Task Force standardsPakistan’s federal cabinet has approved the creation of the Pakistan Virtual Assets Regulatory Authority, an independent body that will license, monitor and supervise virtual-asset service providers while aligning the country’s rules with Financial Action Task Force standards.The move formalises a policy pivot that began earlier this year, when Islamabad set up the Pakistan Crypto Council and outlined a framework for digital-asset trading. Officials say…
The liquid staking protocol is one of the most hyped dApps coming to the Hyperliquid ecosystem. With activity on Hyperliquid’s Layer 1 blockchain, the HyperEVM, continuing to scale, one of the most highly anticipated protocols coming to the ecosystem, Kinetiq, announced it will launch on July 15, and HYPE whales are preparing by unstaking their HYPE.Kinetiq announced its launch date yesterday saying, “This notice is meant to provide additional time on top of the 7 day unstaking period of HYPE, to account for global timezones.” Immediately after the announcement, there was more than 1 million HYPE, worth roughly $40 million…
The challenger launchpad is leading by 24-hour volume and revenue.Memecoin launchpad letsBONK recently flipped the perennial No. 1 Solana memecoin launchpad, pumpfun, for the first time and continues to hold the top spot as of today, July 8. LetsBONK currently has a market share of 47.4% with $528 million in daily volume, while pumpfun follows with 41.2% of the market at $363 million in trading volume, according to data from Solana DEX aggregator Jupiter. As recently as mid-April, pumpfun had a 99% market share, per to Dune Analytics data.LetsBONK is currently also ranking first by number of token mints, with…
Ondo Finance said it has agreed to acquire Oasis Pro, a U.S. brokerage platform that holds Securities and Exchange Commission registrations for broker-dealer, alternative trading system and transfer-agent services. Ondo Finance said it has agreed to acquire Oasis Pro, a U.S. brokerage platform that holds Securities and Exchange Commission registrations for broker-dealer, alternative trading system and transfer-agent services. The deal, announced 4 July, is subject to regulatory approval; financial terms were not disclosed.The purchase would give the New York-based blockchain firm the licenses it needs to offer tokenized U.S. equities directly to investors, broadening a product line that already includes…
A single wallet moved about 80,000 bitcoin—worth roughly $8 billion at current prices—over several transactions, according to data reviewed by blockchain-analytics firm ArkhamA single wallet moved about 80,000 bitcoin—worth roughly $8 billion at current prices—over several transactions, according to data reviewed by blockchain-analytics firm Arkham.Arkham’s analysis indicates the transfers were part of an address-format upgrade, migrating coins from traditional “1-” addresses to the newer “bc1q-” SegWit format that offers lower fees and improved security. The firm said it found no evidence the holder is preparing to liquidate the position, easing concerns of an imminent large-scale sale.This is an AI-generated article…
Ukrainian President Volodymyr Zelenskyy has signed a new sanctions package aimed at disrupting Russia’s reliance on digital assets to finance its war effortUkrainian President Volodymyr Zelenskyy has signed a new sanctions package aimed at disrupting Russia’s reliance on digital assets to finance its war effort. The measures blacklist 133 Russian targets—73 individuals and 60 legal entities—accused of operating or facilitating cryptocurrency channels that move funds to Russia’s military-industrial complex.The decree, prepared with the National Bank of Ukraine, blocks access to Ukrainian financial markets, freezes assets and prohibits technology transfers involving the listed parties. One sanctioned company allegedly routed several billion…