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The website where crypto promoters pay people to tattoo ads on themselves
The website announced a feature in which users could offer public bounties, payable in crypto, for people who complete various tasks. It went dark fast.
➤ A cryptocurrency platform called Pump.fun introduced a feature allowing users to create bounties for tasks, leading to extreme and exploitative actions like forehead tattoos for crypto payments. ➤ The platform has a history of controversial content and operates in a legally murky area, raising concerns about exploitation, particularly of individuals in developing countries. ➤ The incident highlights ethical dilemmas in the crypto space, with critics condemning the dehumanizing nature of such business models and some politicians calling for bans.
Pump.fun’s Solana Sell-Off Continues: 100K More SOL Dumped, $780M Cashed Out Total
Pump.fun is extending its massive Solana dump with another transfer to cryptocurrency exchange Kraken.
➤ Pump.fun continues to sell off large amounts of Solana (SOL), having dumped approximately 4.47 million SOL worth $780 million since early 2024. ➤ The platform's future is uncertain following the collapse of the memecoin economy, which critics labeled as a 'value extractor' that negatively impacted SOL's performance. ➤ Solana is now focusing on RWA tokenization and DeFi to move beyond the memecoin frenzy and achieve more sustainable growth.
Pump.fun Launches USDC-Paired Liquidity Pools for Token Launches
➤ Pump.fun, a Solana-based token launch platform, has introduced USDC-paired liquidity pools as an alternative to its SOL-paired bonding curve mechanism. ➤ This change aims to create more stable trading conditions, fairer token distribution, and reduce retail friction by eliminating reliance on SOL price fluctuations. ➤ The platform will continue its programmatic buybacks and burns of its native $PUMP token using 50% of revenue from both USDC and SOL pair launches.
AI Agents, Memecoins, and RWAs Helped Solana Sustain Growth in a Crisis Quarter — Report
Solana weathered the market downturn, but expanded its RWA footprint and AI activity in Q1 2026. The pump.fun platform also became one of the drivers of revenue growth. The blockchain is preparing an upgrade that will speed up transactions by 85 times.
➤ Solana demonstrated resilience in Q1 2026 despite a market downturn, with significant growth in tokenized real-world assets (RWA) and AI activity. ➤ The BlackRock BUIDL fund, tokenized on Solana via Securitize, saw substantial market cap increase, contributing to RWA growth. ➤ Despite a dip in DeFi TVL, Solana is preparing a major 'Alpenglow' upgrade to significantly speed up transactions and is seeing increased adoption in payments and AI infrastructure.
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DeFi & L1L2 — Pump.fun dominates Solana’s fee generation; SEC to introduce a tokenized stock regulatory framework
Pump.fun dominates Solana’s fee generation. SEC to introduce a tokenized stock regulatory framework. THORChain, Verus Protocol, and Echo Protocol suffered exploits.
➤ Pump.fun has become Solana's largest fee generator, despite a broader meme coin slowdown, while the SEC is developing a regulatory framework for tokenized stocks. ➤ Several DeFi protocols experienced exploits, including THORChain and Echo Protocol, while Aave has restored LTV ratios and proposed a charitable yield layer. ➤ Key developments include Crypto.com's UAE license, Société Générale's integration with Canton Network, and Fidelity's tokenization of a money market fund.
Pump.fun Drives Over a Third of Solana's Q1 Revenue Despite Memecoin Slowdown
➤ Pump.fun, a memecoin launchpad, generated $124.7 million in Q1 2026, representing over a third of Solana's total app revenue, despite a general slowdown in memecoin trading. ➤ Solana's ecosystem is diversifying beyond memecoins, attracting major institutions like BlackRock, Visa, and JPMorgan, with trading apps and RWAs showing significant growth. ➤ Despite a dip in DeFi TVL, Solana's RWA market cap crossed $2 billion, and infrastructure upgrades like Alpenglow aim to drastically improve transaction finality.
Pump.fun Accounted for 36% of Solana App Revenue in Q1 Despite Meme-Coin Slowdown
Pump.fun, a Solana-based meme-coin issuance platform, accounted for more than one-third of total app revenue across the Solana ecosystem in the first
➤ Pump.fun, a Solana-based meme-coin platform, generated $124.7 million in Q1 revenue, representing 36% of the Solana ecosystem's total app revenue. ➤ Despite a slowdown in the meme-coin market, Solana's launchpads, trading apps, and RWA market capitalization saw growth, while DeFi TVL declined. ➤ The Solana network is preparing the Alpenglow upgrade to significantly reduce transaction finality times, and BlackRock's tokenized fund BUIDL doubled in size.
