Pump.fun launches own DEX, drops Raydium

Pump.fun has launched its own decentralized exchange (DEX) called PumpSwap, potentially displacing Raydium as the primary trading venue for Solana (SOL) memecoins.  Starting on March 20, memecoins that successfully bootstrap liquidity, or “bond,” on Pump.fun will migrate directly to PumpSwap, Pump.fun said in an X post.  Previously, bonded Pump.fun tokens migrated to Raydium, which emerged … Read more

SEC says proof-of-work mining does not constitute securities dealing

The US Securities and Exchange Commission’s Division of Corporation Finance has clarified its views on proof-of-work mining, arguing that such activities do not constitute “the offer and sale of securities” as outlined in the Securities Act of 1933, so long as they meet certain criteria. In a March 20 statement, the SEC division addressed the … Read more

Google is improving Gmail’s search with AI

Gmail search results will now optionally take into account frequently accessed emails and contacts. | Image: Google In an effort to improve the chances of finding the email you’re looking for, Google is introducing an optional AI-powered upgrade for Gmail’s search function.  Google searches will no longer just return results in chronological order based solely … Read more

Gwyneth Paltrow says Goop is growing just fine

Gwyneth Paltrow gave an update on her company Goop in a cover story for Vanity Fair.  Paltrow founded the lifestyle brand Goop in 2008 and it has raised more than $140 million from investors including Greycroft and G9 Ventures, according to Pitchbook. The brand is often regarded as one of the first examples of a … Read more

Ethereum co-founder Joe Lubin on the future of Ethereum — DAS

Ethereum co-founder Joe Lubin discussed the future of the smart contract network at the Digital Asset Summit and said layer-2 (L2) scaling networks would continue to be central to the Ethereum ecosystem. In an exclusive interview with Cointelegraph’s Turner Wright, Lubin said applications will require next-generation databases powered by high-throughput blockchain technologies. The Ethereum co-founder … Read more

Nintendo, Microsoft, and other developers will share accessibility labels about their games

A photo of a Nintendo Switch Pro controller. Five major video game companies, including Nintendo of America and Microsoft, are joining a major new “cross-industry effort” managed by the Entertainment Software Association (ESA) to share clearer information about the accessibility features in their games. As part of the “Accessible Games Initiative,” the five “founding members” … Read more

Perplexity is reportedly in talks to raise up to $1B at an $18B valuation

AI-powered search startup Perplexity is said to be in early talks to raise up to $1 billion in a new funding round valuing the startup at $18 billion. Bloomberg, citing a person familiar with the matter, reported on Thursday that Perplexity’s annual recurring revenue has now reached $100 million. Perplexity’s valuation has soared in recent … Read more

Next Insurance gets scooped up by Munich Re for $2.6B

Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion, the firms announced on Thursday. Founded in 2016, Palo Alto-based Next Insurance is focused on providing insurance to small-to-medium-sized businesses. It was last valued at $2.5 billion in late 2023 when it raised $265 million. Next Insurance’s … Read more

‘Successful’ ETH ETF less perfect without staking — BlackRock

BlackRock’s head of digital assets, Robbie Mitchnick, described the firm’s Ether (ETH) exchange-traded fund (ETF) as a “tremendous success” but acknowledged a key limitation. Speaking on March 20 at the Digital Asset Summit, he noted that the ETF is “less perfect” without staking, highlighting a crucial feature absent from the current offering. “A staking yield … Read more

AI’s answers on China differ depending on the language, analysis finds

It’s well-established that AI models developed by Chinese AI labs like DeepSeek censor certain politically sensitive topics. A 2023 measure passed by China’s ruling party forbids models from generating content that “damages the unity of the country and social harmony.” According to one study, DeepSeek’s R1 refuses to answer 85% of questions about subjects deemed … Read more