Pump.fun launches GO platform for bizarre bounty tasks on Solana

Solana price has fallen to a multi-year low as a major corporate holder moved $31.9 million worth of SOL to Coinbase Prime, adding to fears that whales are reducing exposure during the market selloff. According to data from crypto.news, Solana…

MoneyGram’s MGUSD on Stellar launches with Bridge, M0 and Fireblocks; Western Union’s USDPT on Solana sharpens remittance competition. Use cases, risks, steps.

Pump.fun has launched a new feature that allows users to pay “anyone” to do “anything”, which has triggered a wave of concern across the crypto community, with critics warning it could revive the same dangerous behavior that fueled the platform’s 2024 livestream scandal. Related Reading: Bitcoin Price In ’Vulnerable Position’ As 2022 Playbook Repeats – Is $54,000 Next? Pump.Fun Launches Bounty Feature For ‘ANY’ Task On Thursday, Solana’s memecoin launchpad, Pump.fun, introduced a new feature that allows users to create and complete bounties “for ANY task and leverage the power of humans & money across the globe.” Under the premise of “Pay ANYONE to do ANYTHING,” Pump.fun GO is set to combine humans and money, which they deemed “the most powerful tools on Earth” in the X announcement. “We’re combining both of them with GO: an all encompassing bounty platform where ANYONE can create or complete bounties for ANY task for UNLIMITED rewards,” the platform stated. According to the post, user

The largest Solana treasury company has deposited a notable amount of SOL to Coinbase Prime, a potential sign that the firm is looking to sell. Forward Industries Has Made A Large Solana Deposit To Coinbase As highlighted by on-chain sleuth Lookonchain in an X post, Forward Industries has transferred some of its Solana to Coinbase […]

Solana has been struggling with selling pressure as the broader market feels the weight of a correction that has tested support levels across the ecosystem. The price is under stress — and data from Arkham Intelligence has identified a specific institutional transaction that adds a direct supply dimension to the current weakness on one of the most closely watched blockchains in crypto. Related Reading: HYPE Defies Market Selloff As Whales Withdraw Another $108M From Exchanges Forward Industries — a publicly traded company that has been building a Solana treasury strategy, accumulating SOL as a primary reserve asset in a model that draws direct comparison to MicroStrategy’s Bitcoin approach — has deposited 455,784 SOL worth approximately $31.87 million to Coinbase Prime after a month of complete inactivity. Forward Industries moves Solana to Coinbase | Source: Arkham A company that has been building a SOL treasury and has shown no exchange-directed activity for a full month, choosing th

Pump.fun has launched a new bounty marketplace that has attracted more than 1,100 submissions and listed over 320 active tasks within hours of going live. According to Pump.fun, the Solana-based meme coin platform introduced GO on June 5 as a…

Pump.fun launched GO, an escrow-based bounty marketplace letting anyone post and complete tasks for SOL rewards, within hours a user posted a 690000 dollar suicide-linked listing the platform has yet to address.

Heavily haken by ongoing volatility, Solana and its broader market are facing heightened downside pressure, pushing its price to the $68 mark. Despite how bearish SOL has turned out over the past few months, robust optimism continued to be expressed toward the leading altcoin and its market capability. Solana’s Market Structure Draws Bold Endorsement After […]