Bitcoin24h $95,226.88-0.39%

Ethereum24h $3,299.52-0.30%

BNB24h $941.24+0.67%

XRP24h $2.06-0.16%

Solana24h $144.44+0.98%

TRON24h $0.3107+1.05%

Dogecoin24h $0.1374-1.51%

Cardano24h $0.3959+0.96%

Bitcoin Cash24h $596.29-0.53%

Monero24h $625.94-11.29%

Axiom traders panic as Pump Fun temporarily bans selling memecoins

Y Combinator-backed Axiom amassed a quarter of a billion in trading fees, then suddenly lost the ability to execute sell orders on Thursday.

Solana CEO ghosts Burwick Law 9 times over Pump Fun lawsuit

Burwick Law says it was unable to serve Anatoly Yakovenko due to the “secured nature of the building, and lack of response.”

Solana Labs and Jito Labs have been served a Pump Fun lawsuit that accuses them of aiding the memecoin platform’s illegal casino enterprise.

Pump Fun’s PUMP token fell 14% on Wednesday at the same time as the company’s CEO Alon Cohen was being interviewed by Threadguy.

PUMP, the token for Pump Fun, has crashed approximately 60% from its peak, falling below its initial coin offering price.