Pump.fun fees top $10M as revenue overtakes Hyperliquid

Pump.fun generated $10.03 million in protocol fees during the week of Aug. 3 to 9, marking the first time its weekly total crossed $10 million under its current reporting series.  SummaryPump.fun generated $10.03 million in weekly protocol fees, up 12% from the previous weeks total.The platform bought back and burned 2.15 billion PUMP, worth approximately $5.02 million that week.Ecosystem trading volume reached $2.97 billion, the strongest weekly total since late January, Pump.fun reported.DefiLlama now shows Pump revenue at $35.67 million over 30 days, above Hyperliquids $32.46 million.PUMP traded near $0.0028, up 33.8% weekly, before another scheduled token unlock arrives on Wednesday.  The Solana based token launch platform said fees increased 12% from the previous week as trading activity recovered across its launchpad, PumpSwap exchange and Terminal trading product.  The latest newsletter described the period as the platform‘s “first week above $10M.” Independent DefiLlama data supports the broader revenue recovery, although its rolling measurement window differs from Pump.fun’s fixed Aug. 3 to 9 reporting period. DefiLlama recorded $10.49 million of Pump protocol revenue over the latest seven days.  You might also like:  Pump.fun cut staff weeks before PUMP tokens vested: Report  Pump.fun revenue moves ahead of Hyperliquid  Pump.fun also said it had overtaken Hyperliquid in revenue measured over

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XRP, ether lead crypto losses as traders eye $70,000 bitcoin next

That makes $70,000 the next area to watch, another round number with the 200-day moving average sitting nearby. Clearing it would put bitcoin above the range where buyers and sellers fought through March and April, a move Kuptsikevich said would shift sentiment meaningfully.  Traders are not there yet. The crypto sentiment index sits at 30, in what is known as the fear zone, and has stayed there since mid-July with occasional dips toward extreme fear.  Bonds and oil set the tone in broader markets. U.S. 10-year Treasury yields rose six basis points on Monday to 4.71%, dragging Australian and New Zealand government bonds down with them, with no cash Treasury trading during Asian hours because of a public holiday in Japan.  Brent crude held at $87.73 a barrel after jumping 5% on Monday, when President Donald Trump made fresh demands on Iran and dimmed hopes of a deal to reopen the Strait of Hormuz. Gold rose for a third session above $4,400 an ounce.  Higher oil feeds into the inflation figures due Wednesday at 8:30 a.m. ET, which is why the rally is weighing on assets that do better when rate rises look less likely.  Fund flows had been running the other way until this

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Keel exits U.S. Bitcoin mining after $65M loss, shifts to AI

Keel Infrastructure has shut down all of its U.S. Bitcoin mining operations as the former Bitfarms business redirects its American power portfolio toward artificial intelligence and high performance computing data centers.  The company disclosed the transition on Aug. 10 alongside second quarter results showing revenue fell 50% from a year earlier to $30.4 million. Net loss reached about $65 million.  The move brings an end to Bitcoin mining at Keels sites in Washington and Pennsylvania, but it does not represent a complete exit from mining worldwide. The Delaware based company continues to operate legacy Bitcoin mining assets in Canada while pursuing approvals to convert more Canadian capacity toward HPC and AI workloads.  Keel Infrastructure ends U.S. Bitcoin mining  Keels SEC filing shows that the U.S. withdrawal happened in stages. Bitcoin mining at its Washington State site ended on April 28 as the company began converting the location into an 18 MW HPC data center. Mining then ceased at Panther Creek, Scrubgrass and Sharon in Pennsylvania on June 29.  Keel Shuts U.S. Bitcoin Mining Operations as It Pivots to AI Data Centers  Keel Infrastructure said it has decommissioned all U.S. Bitcoin mining operations as it repurposes sites for AI and high-performance computing data centers. Q2 revenue fell

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U.S. SEC sets meeting to propose Reg Crypto to support certain digital assets offerings

“We view this as the first of several rulemakings the SEC will undertake to provide regulatory certainty for crypto assets after the Senate failed before the August recess to advance the Clarity Act on crypto market structure,” TD Cowen analyst Jaret Seiberg wrote in a client note sent after the SECs notice.  The proposal is expected to give a path to crypto firms enabling them to raise capital for projects without triggering SEC registration requirements, and the businesses are also expected to be provided an exit path for getting clear of the agencys jurisdiction when theyre not engaged in hands-on management of the projects anymore.  Before this, Atkins and the agency had rolled through a lengthy series of crypto policy statements meant to clarify its regulatory position on digital assets, but the staff statements have little long-term durability. A formal rulemaking would be more difficult to reverse in the future.  But the rule will likely take further months to develop and finalize. This first stage will come with a comment period — typically two or three months — and be followed by a potentially lengthy rewrite.  Reg Crypto would join some of the other significant steps the agency has taken or is still working

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Bitcoin's 'strongest hands' are back, on-chain data show

SummaryThe number of bitcoin wallets holding at least 10,000 BTC has risen to 90, a six-month high, signaling renewed accumulation by large investors.Since July 29, wallets holding between 10 and 10,000 BTC have added about $1.5 billion in bitcoin, while smaller “micro” wallets have been shrinking amid security fears and regulatory delays.Analysts at Santiment say this rotation of coins from smaller holders to so-called strong hands has historically preceded major price moves and now tilts the odds toward an upside break above $70,000.  Bitcoins elite holders are quietly loading up again.  The number of wallets holding at least 10,000 BTC has climbed back to 90, a six-month high, according to analytics firm Santiment. Over the past eight weeks alone, the count of these “whale” wallets has risen by six, a 7.1% increase.  The move builds on a broader accumulation trend first flagged four days ago. Since July 29, wallets in the 10–10,000 BTC range (whales and sharks) have accumulated BTC worth $1.5 billion. Santiment noted at the time that the pattern of larger players accumulating while smaller holders sell raised the odds of a move above $70,000 versus a drop below $60,000.  Meanwhile, “micro” wallets have been steadily shrinking throughout August. Santiment links this

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Why Did Nvidia Stock Fall on Monday Despite a $500 Billion Wall Street AI Deal?

Nvidia (NVDA) sells the chips powering the artificial intelligence (AI) boom. Now it is helping raise the money that buys them. A reported $500 billion financing package with six Wall Street giants would seal that new role.  The Financial Times revealed the talks on Monday, and Reuters confirmed them. Yet NVDA fell more than 2% to about $218. That reaction is the real story.  Nvidia (NVDA) Stock Performance. Source: Yahoo Finance  Sponsored  Sponsored  $NVDA – NVIDIA SHARES EXTEND DECLINES; REPORT SAYS WALL STREET GIANTS PARTNER WITH CO ON $500 BLN AI FINANCING DEAL, LAST DOWN 3.2%  — *Walter Bloomberg (@DeItaone) August 10, 2026  Follow us on X to get the latest news as it happens  Inside the $500 Billion AI Deal Nvidia Is Assembling  The lineup is heavyweight. Apollo Global Management, Blackstone, BlackRocks Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs, and KKR are all in, Reuters reported. The money targets data centers, power plants, and chips.  The deal could be announced within days. The structure is still secret. So is Nvidias exact stake in it. Reportedly, every firm involved either declined to comment or stayed silent.  Scoop from team @FT – Apollo, Blackstone, Blackrock, Brookfield, Goldman and KKR are assembling $500bn for Nvidia in what is arguably is the largest

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CLARITY Act delay draws backlash before September vote

Crypto industry leaders are voicing frustration after the U.S. Senate failed to advance the CLARITY Act before its August recess, leaving the market structure bill facing a crucial procedural vote weeks before the 2026 midterm elections.  SummarySenate leaders filed cloture, setting up a Sept. 15 procedural voteon the CLARITY Act.Coinbase executives and Sen. Cynthia Lummis called the pre-recess failure disappointing and frustrating.Ethics restrictions and stablecoin rewards remain unresolved as the bill seeks 60 Senate votes.Polymarket traders give CLARITY a 25% chance of becoming law during 2026.  CLARITY Act faces a Sept. 15 procedural vote  Senate Majority Leader John Thune filed cloture on the motion to proceed to the Digital Asset Market Clarity Act shortly before the Senate began its month-long recess, according to the Senate Daily Press.  The filing positions the legislation for an initial procedural test after senators return to Washington on Sept. 14. The cloture motion is scheduled to ripen on Sept. 15, according to previous crypto.news coverage.  The vote would determine whether the Senate begins formally considering the bill. It would not amount to final passage.  CLARITY would still need to move through debate and possible amendments before receiving a separate approval vote. Any Senate-approved version that differs from the measure passed by

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CFTC Polymarket case paused over soldiers $400K bets

A federal judge has paused the CFTC‘s civil case against a US Army soldier accused of using classified information to earn more than $400,000 from Polymarket contracts tied to Nicolás Maduro’s removal.  SummaryJudge Andrew Carter stayed the CFTCs civil enforcement caseuntil the related criminal proceeding concludes.Prosecutors allege Gannon Van Dyke earned about $409,881from 13 Venezuela-related Polymarket trades.Van Dyke pleaded not guilty and has challenged whether the event contracts legally qualify as swaps.The prosecution could shape how US commodities and fraud laws apply to prediction-market insider trading.  CFTC case paused until criminal proceedings conclude  US District Judge Andrew Carter granted prosecutors‘ request on Aug. 10 to stay the Commodity Futures Trading Commission’s civil case against Gannon Ken Van Dyke, an active-duty US Army Special Forces master sergeant.  The civil proceeding will remain paused while the Justice Department pursues its criminal case over substantially the same alleged conduct. Prosecutors asked for the stay in July, arguing that allowing both matters to advance could create complications because they involve overlapping evidence, witnesses, and legal questions.  Van Dyke opposed the request and sought to defend both cases at the same time. Carter nevertheless concluded that pausing the civil action pending the criminal case was appropriate.  You might also like:  The five

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XRP Ledger lending amendments gain Ripples backing

Ripple has voted to support two XRP Ledger amendments designed to introduce single-asset vaults and fixed-term institutional lending directly at the networks protocol level.  SummaryRipples validator voted “yes” on XLS-65 and XLS-66, supporting native vaults and lending.XLS-65 has reached 40% validator support, while XLS-66 has secured more than 37%.Both amendments require over 80% support for two consecutive weeksbefore activation.The framework could support loans funded with XRP, RLUSD, and other XRPL-issued assets.  Ripple backs XRP Ledger lending amendments  Ripples validator has backed the Single Asset Vault and Lending Protocol amendments as voting continues among trusted XRP Ledger validators.  ????BREAKING: RIPPLE VOTES TO ADVANCE SINGLE ASSET VAULT (XLS-65) AND LENDING PROTOCOL (XLS-66)  Ripple voted in favor of Single Asset Vault (XLS-65) and Lending Protocol (XLS-66) amendments, moving them closer to enabling on the XRP Ledger.  Meanwhile, 39% of validators have now… pic.twitter.com/nKGaagryP2  — Rednirav (@CryptoRednirav) August 10, 2026  XLS-65, which would introduce Single Asset Vaults, has reached approximately 40% support. XLS-66, covering the proposed Lending Protocol, has received more than 37% support, according to the latest voting data.  The current totals remain well below the activation threshold. An amendment must maintain support from more than 80% of trusted validators for two continuous weeks before it can become active on the XRP

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Ethereum roadmap puts privacy and quantum safety first

Ethereum‘s updated roadmap adds native rollups, stronger privacy, and post-quantum scaling as advances in cryptography and AI reshape the network’s long-term technical priorities, according to co-founder Vitalik Buterin.  SummaryQuantum security has moved higherin Ethereums priorities compared with its 2023 roadmap.New areas include native rollups, stronger privacy, and blob and gas futures.Ethereum may use specialized scaling mechanismsfor transfers, trading, and privacy applications.STARKs and AI-assisted formal verificationcould support upgrades across all three protocol layers.  Ethereum (ETH) co-founder Vitalik Buterin compared the networks 2023 roadmap with its current Strawmap in an Aug. 10 X post, identifying several technologies that have gained, lost, or changed priority over the past three years.  I updated my 2023 roadmap diagram to overlay where the items that were there sit in the current Strawmap ( https://t.co/9deLIQWG24 ).  In general, a lot of overlap, but:  * Some things got reshuffled in order (eg. quantum safety up-prioritized)  * Some things deprioritized (eg.… pic.twitter.com/XLdIt4kAgT  — vitalik.eth (@VitalikButerin) August 10, 2026  Buterin said the two plans retain substantial overlap, but the order and implementation of several goals have changed. Quantum security has moved closer to the front of the roadmap, while verifiable delay functions and some proposed Ethereum Virtual Machine improvements have received less attention.  Older technical designs have also been

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