INSUBCONTINENT EXCLUSIVE:
Pump.fun lost the top spot in the Solana memecoin launchpad rankings for the first time since its release, hinting at a shift in the
revenue, according to DefiLlama
While overall network activity shows a potential reshuffle instead of an expansion, some metrics indicate that Solana may be on the rise,
(RWA) platform Projective Finance offers exposure to government-backed blockchain technology projects, while NFT platform OpenSea is
LetsBonk, a Solana memecoin platform supported by the Bonk (BONK) community, generated $1.04 million in revenue
memecoins, where Pump.fun is usually on top
Even though LetsBonk showed a spike in daily revenue, Pump.fun remained dominant in the monthly chart, recording over $37 million in
protocol revenue.Protocol rankings by revenue on Monday
BONK is one of the top Solana memecoins, with over 430,000 followers on X
convergence could arrive sooner than expected: JPMorganA JPMorgan executive said the divide between TradFi and DeFi could disappear in the
institutional-grade payments infrastructure
blockchain, as the regulatory environment permits
executive also said the boundaries separating TradFi and DeFi may dissolve faster than expected
pool for Illinois solar projectsA RWA financing platform focused on sustainability launched a $7-million lending pool for public schools in
The lending pool will fund solar energy installations across Illinois
without the intermediaries traditionally required
company lets investors take part in government-backed projects, which typically have high credit ratings and lower default risks
This includes government initiatives focusing on renewable energy
capacity have been installed throughout Illinois
showcases OpenSea's intention to go beyond NFTs and develop a mobile-focused platform for crypto trading
thousands of smart contractsA group of crypto security researchers discovered and rescued thousands of smart contracts affected by a DeFi
that a backdoor exploit had been quietly threatening the industry for months
The attack exploited uninitialized ERC-1967 proxy contracts, which allow malicious actors to hijack contracts before they have been set up
and injected malicious implementations
However, since the team discovered the vulnerability on Tuesday, it worked with other security researchers to evaluate affected contracts
and secure vulnerable assets.Source: DeeberirozContinue readingDeFi market overviewAccording to data from Cointelegraph Markets Pro and
TradingView, most of the 100 largest cryptocurrencies by market capitalization ended the week in the green.A token called MemeCore (M) was
Join us next Friday for more stories, insights and education regarding this dynamically advancing space.
