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Pudgy Penguins to Launch PENGU Token on Solana

Pudgy Penguins to Launch

The third-largest NFT collection by market capitalization, Pudgy Penguins, revealed plans to launch a new token called PENGU on the Solana blockchain by year’s end. The announcement follows a week of soaring NFT valuations, with Pudgy Penguins’ floor price climbing over 40% to hit a new all-time high of $62,000, surpassing its February 2024 peak […]

VivoPower Enters Dogecoin and Litecoin Mining

Vivopower enters Dogecoin

VivoPower (NASDAQ: VVPR), a sustainable energy company, announced that its subsidiary Caret Digital will begin mining Dogecoin and Litecoin starting January. The move marks VivoPower’s entry into the cryptocurrency space, leveraging renewable energy to support its mining operations. According to the company, Caret Digital expects to generate up to $25 million in annual revenue and […]

Pump.fun Blocks UK Users Following FCA Warning

Pump.fun blocks UK Users

The Solana-based meme coin launchpad Pump.fun has restricted access for users in the United Kingdom, citing compliance with UK laws and regulations. The move comes just three days after the country’s Financial Conduct Authority (FCA) issued a warning about the platform, alleging it was promoting financial services without authorization. “This site is currently unavailable to […]

Mt. Gox Moves $353M in Bitcoin Amid Market Calm

Mt. Gox moves $353M

A wallet tied to the defunct cryptocurrency exchange Mt. Gox moved 6,620 BTC worth approximately $352.7 million to an unknown address, according to Arkham Intelligence. The transaction occurred about seven hours before press time, following a much larger $2.8 billion Bitcoin transfer earlier this week. Despite the significant movement, Bitcoin’s price remained stable, trading between […]