Crypto Crash Today , Feb 24th : Bitcoin, XRP News Live, Pi Network Price, Bybit Hack Update

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February 24, 2025 05:32:12 UTC

Pump.fun Is Testing Its Own Automated Market Maker (AMM)

Pump.fun, a platform for creating memecoins on the Solana blockchain, is testing its own Automated Market Maker (AMM). This could mean token liquidity might shift away from Raydium and change fee structures and market dynamics. Social media buzz hints that Pump.fun might be planning to charge higher fees or introduce a new reward system for token holders, sparking a lively debate in the crypto community.

February 24, 2025 05:32:12 UTC

Bybit Bounces Back: Fully Secured Client Funds with 400K+ ETH

Bybit CEO Ben announced that the company has completely closed its ETH gap. A new audited Proof of Reserves report is on its way, confirming that client funds are now fully backed 1:1 using a merkle tree. On-chain data also shows that Bybit has secured over 400,000 ETH through OTC purchases and loans.

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