Friday, May 16, 2025
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Ethereum & L2's

Ethereum’s Pectra Upgrade, Can a Hard Fork Outrun the Macroeconomy?

As Ethereum prepares for its pivotal pectra upgrade on 7 May 2025, the network faces a dual test: delivering technical breakthroughs in staking and scalability, while weathering a volatile macroeconomic climate.

Regulation

SIM-Swap Culprit Faces 24 Months Over Fake Bitcoin-ETF X Post

U.S. prosecutors have asked Judge Amy Berman Jackson to sentence 25-year-old Eric Council Jr. to two years in prison for the January 2024 SIM-swap attack that let him seize the Securities and Exchange Commission’s X account and publish a bogus approval of spot-Bitcoin ETFs, briefly jolting markets.

Web3 Security

Bitcoin

Twenty One hurls a $3.6 billion gauntlet at MicroStrategy’s bitcoin empire

As Twenty One storms onto the scene with a $3.6 billion Bitcoin arsenal, the long-standing supremacy of MicroStrategy faces its first true corporate challenger. Behind the clash lies a deeper shift: sovereign wealth, Wall Street power, and offshore liquidity converging to reshape the future of money.

PumpDotFun Faces Class-Action Lawsuit while OdinFun Launches for Runes

PumpDotFun, a prominent platform for launching and trading memecoins, is now at the center of a class-action lawsuit alleging violations of U.S. securities laws. Plaintiffs claim the platform sold unregistered securities and amassed “hundreds of millions of dollars” in fees while permitting questionable content. If successful, the lawsuit could significantly tighten regulatory oversight and reshape the memecoin landscape.

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The MAGA coin has witnessed a staggering 500% surge in its value over the past month, boasting a market cap exceeding $400 million. This astonishing growth has not only captured the attention of investors and political enthusiasts alike but has also sparked a broader conversation about the role of meme coins in the digital economy.

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