Tag: Justin Sun

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.

The Plomin Hard Fork transfers Cardano’s governance from founding pillars to the hands of ADA holders, establishing true on-chain voting under CIP-1694 and heralding a new era of community-driven evolution for the blockchain.

The SEC has initiated a public comment period for the Canary Litecoin ETF, marking a significant step towards potentially approving the first Litecoin-based exchange-traded fund in the U.S.