
Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.

August 9, 2024
ALPHA: What a Wonderful Worlde
August 9, 2024
AIRDROPS: Margin trading, no liquidation
August 2, 2024
AIRDROPS: Lend an asset
August 2, 2024
ALPHA: What a Wonderful Worlde
July 26, 2024
AIRDROPS: Apple + Moon
July 26, 2024
ALPHA: Make it Immutable
July 19, 2024
ALPHA: Are you an Old Soul?
July 19, 2024
AIRDROPS: On the Mantle
July 12, 2024
AIRDROPS: Stone age
July 12, 2024
ALPHA: Free ChampionsJul 11, 2025

Markets
Solana Treasury Firm Upexi Raises $200 Million to Boost SOL Stash
Consumer products company Upexi is bolstering its Solana treasury, raising $200 million to fund business operations as well as further SOL purchases, it announced on Friday. The funds will come from two separate financing vehicles, with $50 million in net proceeds expected via an equity offering and $150 million from the sale of convertible notes. Each offering is expected to close next week. “Today, we announced a blockbuster deal with a $150 million in kind convertible note led by Big Brain...
Jul 11, 2025

Markets
Public Keys: CoreWeave Fusion Dance, $1 Billion Day for Bitcoin ETFs and Strategy's Bye Week
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: CoreWeave and Core Scientific plan to make it official, Bitcoin ETFs are booming, a BTC and Dogecoin miner embraces Solana, and Bitcoin's biggest treasury holder takes a week off from the buying grind. Core fusion dance Bitcoin miner Core Scientific and newly public AI powerhouse CoreWeave have decided to do the fusion dance in a staggering $9 billion all-stock transaction. Unfortunately...
Jul 11, 2025

Coins
Will Pump.fun's Solana Token Pump After Launch? Experts Weigh In
Solana token launchpad Pump.fun is prepping for its initial coin offering, aka ICO, on Saturday, July 12. With U.S. and UK citizens banned from participating, traders are eagerly awaiting its full launch to purchase PUMP—but will it pump or dump once it starts trading? The token is set to go on sale via six centralized exchanges (Bybit, Kraken, Bitget, MEXC, KuCoin, and Gate.io) as well as the Pump.fun website Saturday, with 150 billion tokens up for grabs at $0.004 each. Within 48 to 72 hours a...
Jul 10, 2025

Law and Order
Securities On-Chain? There's Only One True Way, Says BlackRock-Backed Firm's CEO
There’s only one way to truly represent securities on-chain, and that’s through “native” tokenization, Carlos Domingo, CEO of BlackRock-backed digital asset securities firm Securitize, told Decrypt on Thursday. That distinction could become more important, as firms’ experimentation with security-based tokens potentially leaves investors confused—a concern raised by the U.S. Securities and Exchange Commission earlier this week. A stock that’s natively tokenized on Ethereum, for example, would car...
Jul 10, 2025

Markets
PENGU, Dogecoin Lead Meme Coin Spike as Bitcoin Sets Another Record
Meme coins are charging higher as Bitcoin topped $113,000 for the first time Thursday, led by category leader Dogecoin (DOGE) and PENGU, the Solana-based token from the Pudgy Penguins ecosystem—which have climbed 7% and 29% respectively in the last 24 hours. The surge in PENGU to a price of $0.019 makes it the largest mover among the top 100 cryptocurrencies ranked by market cap, trailed closely by Solana meme coin Dogwifhat (WIF), which has jumped almost 14% in the last 24 hours to $1.01. Doge...
Jul 10, 2025

Markets
BIT Mining Stock Soars After Bitcoin, Dogecoin Miner Reveals $300 Million Solana Pivot
The share price of Bitcoin miner BIT Mining soared 143% on Thursday after the company announced plans to raise $200-$300 million to create a Solana Treasury and convert its existing holdings into SOL. Akron, Ohio-based BIT Mining was recently trading for over $5 a share, according to Yahoo Finance. The company's share price has lingered below $3 for much of this year. "We are excited to take this bold step into what we believe is one of the most dynamic and promising ecosystems in the blockcha...
Jul 9, 2025

Markets
Why Are Bitcoin, Ethereum and Solana Prices Still Rangebound? Experts Weigh In
Bitcoin, Ethereum, XRP, and Solana edged up on Wednesday, largely shaking off a jolt from the U.S. reentering negotiations with several of its foreign trading partners. But despite the tepidly good news, analysts say the assets remain rangebound. Bitcoin, for instance, has largely traded between $107,000 and $110,000 over the last several weeks, up a modest 1.5% over the last 30 days, but still within striking distance of its all-time high. Ethereum has traded sideways over the last month at aro...
Jul 9, 2025

Coins
Solana Meme Coin Launchpad Pump.fun Confirms PUMP Token—With Airdrop 'Coming Soon'
Popular Solana token launchpad Pump.fun confirmed the launch of its PUMP token via an initial coin offering on July 12, with an airdrop to follow. However, United States and United Kingdom citizens will not be able to participate in the token sale. After completing KYC, or know-your-customer, verification, users will be able to participate in the token sale on July 12 at 2 p.m. UTC, via the Pump.fun site, Bybit, Kraken, Bitget, MEXC, KuCoin, and Gate.io. The sale will finish on July 15, or once...
Jul 9, 2025

Coins
Goblintown Heads to the Trenches With Solana Meme Coin Launch
Ethereum NFT collection Goblintown is looking to shake up the meme coin market, dropping its own meme coin—GOB—on the Solana blockchain with a new token model designed to refresh the meme coin experience. The token, which was launched in stealth late Tuesday by Truth Arts’ wholly owned subsidiary Exploding Goblin LLC, aims to solve the longevity issues of new meme coins with a multi-pronged approach that Goblintown co-founder Alex Taub says is the product of studying other launches from the tre...
Jul 7, 2025

Coins
Solana Meme Coin Launchpad Pump.Fun's $600 Million Token Sale Teased, Then Pulled
Will Solana token launchpad Pump.fun drop its own token? According to a major crypto exchange, the platform is planning to do so later this week—though the page detailing the potentially $600 million sale has since been pulled. According to a page on crypto exchange Gate that was apparently removed following substantial social media attention, Pump.fun is gearing up to offer its PUMP token for sale starting July 12. Per the now-deleted page, Pump.fun and Gate will offer 150 billion PUMP in a pub...
Jul 7, 2025

Gaming
'Off the Grid' GUN Token Expanding From Avalanche to Solana—Here's Why
Off the Grid’s GUN token is set to expand to Solana on Thursday after originally being launched exclusively on Avalanche, which powers the battle royale shooter’s dedicated L1 network, GUNZ. A Solana-themed skin pack has also been released for the game, marking the ecosystem expansion. The move is largely motivated by lowering the barrier for entry for users to buy the GUN token, as well as part of what an official X post called the project’s “multi-chain ethos”—suggesting that other chains coul...
Jul 7, 2025

DeFi
BONK Meme Coin Launchpad Flips Pump.fun for Solana Tokens Created
Solana launchpad Pump.fun has been the center of the meme coin ecosystem ever since it launched in January 2024. But on Sunday, LetsBonk became the first Solana launchpad to ever flip it for daily tokens created. Over the past 24 hours, according to Dune data, Pump.fun was responsible for the creation of 9,249 tokens, while LetsBonk launched 19,620. “Going over the [more than $200,000] BONK runners in the last 24 hours it seems like most are organic,” Dune dashboard creator Adam Tech tweeted. “L...
Jul 7, 2025

Markets
Dogecoin, Solana, Ethereum Drive Crypto Markets Higher as Bitcoin Stays Flat
The crypto markets started the new week in the green, with altcoins leading the charge Monday morning. Dogecoin was the best performer among the 10 biggest digital assets by market capitalization, up 3.4% at the time of writing. The meme coin’s performance could be linked to the news that billionaire Dogecoin fan Elon Musk is establishing a new political party, dubbed “The America Party," which will aim to provide an alternative to the Democrats and Republicans. In a late-night tweet session, t...
Jul 4, 2025

NFTs
Cheaper NFTs Mean Sales Are Surging, But Trading Volume is Plummeting: DappRadar
NFT trading volumes saw a quarter-on-quarter plunge of 45%, according to a new report—despite sales surging by 78%. DappRadar says there's still a healthy interest in digital collectibles, but there's been a "sharp drop" in the average prices paid. In a sign that multimillion-dollar Bored Ape Yacht Club and CryptoPunks sales are a distant memory, trading volume stood at $823 million in Q2—down from $4 billion a year ago. A total of 12.5 million sales took place over this three-month period. Tha...
Jul 3, 2025

Coins
Gate Alpha’s Points Carnival Changes How Crypto Users Access Airdrops
For years, airdrops have been a staple of on-chain engagement. For many users though, they’ve often been hard to access, heavily gamified, or skewed towards large traders. Gate Alpha is looking to change that. Gate’s newly upgraded incentive model has seen the crypto exchange distribute more than $800,000 worth of rewards to over 100,000 users, through a 33-day event that users could take part in with as little as a single 0.5 USDT trade. Billed as the first large-scale user incentive campaign s...
Jul 3, 2025

Markets
Moo Deng Surges As Viral Pygmy Hippo’s Birthday Plans Revealed by Zoo
Solana meme coin Moo Deng surged 32.9% to a market cap of $183 million on Thursday, according to CoinGecko. The jump comes as plans for the viral baby hippo’s birthday next week were revealed by Khao Kheow Open Zoo. The Thailand-based Zoo will be throwing a three-day event next week, including a Moo Deng-themed art exhibition, a photo gallery, and a parade of animal mascots. The Zoo will also gift Moo Deng a giant cake on her birthday, July 10, when she turns one year old. Pygmy hippo Moo Deng c...
Jul 3, 2025

Markets
$280 Million in Crypto Shorts Liquidated as Bitcoin Tops $110K
Bitcoin briefly topped $110,000 Thursday morning, sparking over $331 million in liquidations across the crypto market—the bulk of which were short positions. The price of Bitcoin has since slipped back to $109,720, up 1.8% on the day according to CoinGecko data—just 1.8% from last month's all-time high of $111,814. As a result of this movement, over $101 million in short BTC positions were liquidated over the past 24 hours, according to CoinGlass. Ethereum painted a similar picture, with $91.2 m...
Jul 2, 2025

Law and Order
SEC Hits Pause on Grayscale's XRP, Solana and Cardano ETF Conversion
Put away those champagne bottles—the SEC hasn’t greenlit trading for a Grayscale ETF focused not just on Bitcoin and Ethereum, but also altcoins including XRP, Solana, and Cardano… at least, not quite yet. On Tuesday, the Wall Street regulator issued an order finding that it had good cause to approve ETF conversion for the Grayscale product, dubbed the Grayscale Digital Large Cap Fund (GDLC), on an accelerated basis. Quietly attached to the order, however, was a letter from SEC leadership stay...
Jul 2, 2025

Coins
Solana Treasury Firm DeFi Development Corp. Boosts Convertible Notes Offering to $112 Million
Shares of publicly traded Solana treasury company DeFi Development Corporation finished the trading day down following word that the company upsized its latest convertible notes offering to $112 million. The firm first announced a new convertible notes raise of $100 million on Tuesday before boosting it to $112 million Wednesday, with an option for initial note purchasers to add a further $25 million in the next seven days. The bulk of the net proceeds from this raise will be used for a prepai...
Jul 1, 2025

Markets
You Can Now Trade Stocks Like NVDA and MSTR on Solana: Here's How It Works
Crypto traders can now put shares of Nvidia, Tesla, and Strategy in their Solana wallets thanks to a new feature called xStocks, which puts tokens backed 1:1 with shares of select publicly traded firms on the Solana blockchain. The feature from tokenization firm Backed, rolled out on centralized exchanges Kraken and Bybit this week in certain regions and also launched natively on the Solana blockchain, allows traders to gain exposure to popular American equities like Meta, Netflix, Coinbase, Mc...