Pump.fun Swiftly Raises $500M in Public Sale at $4B Fully Diluted Valuation

12 minutes. That’s how long it took for Pump.fun’s token offering to raise roughly $500 million from retail investors across various exchanges, including Bybit, Kraken, and KuCoin. The sale priced 125 billion tokens at $0.004 apiece, implying a $4 billion fully diluted valuation for the Solana-based memecoin launcher’s new utility token. For now, holders must … Read more

Bitcoin, Ether Tentative, XRP Steady as Trump Announces 30% Tariff on EU and Mexico

Major cryptocurrencies, excluding XRP, registered moderate losses as President Donald Trump announced fresh tariffs on imports from Mexico and the European Union (EU). The President slapped 30% levy on the two trading partners, which will take effect from Aug. 1, according to letters Trump posted on his Truth Social account. “Mexico has been helping me … Read more

Rivian R1S review: second time’s the charm

Just four years after Rivian began selling its R1T truck, 2025 marks the beginning of the R1T and R1S’ second generation. Considering they look essentially the same on the outside, it might be hard to decipher what warrants a new generation. But underneath, it’s actually quite easy: all-new electric architecture, a new motor arrangement, retuned … Read more