How Pump.fun raised 0M in 12 minutes, and what it says about retail FOMO

How Pump.fun raised $500M in 12 minutes, and what it says about retail FOMO

A record-breaking public sale, strategic acquisitions and ecosystem expansion mark Pump.fun’s rise, highlighting user-driven token distribution. Pump.fun limited token supply in the ICO and locked transfers for 72 hours, creating urgency and fueling retail FOMO. Over 10,000 wallets joined the sale, many pre-funded via PumpSwap, enabling rapid participation and fast capital inflow. The platform processed…

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Crypto Biz: AI money rush could reshape digital asset industry

Crypto Biz: AI money rush could reshape digital asset industry

Cointelegraph moderated an AI funding panel at the Web Summit conference in Vancouver, Canada. The convergence between blockchain technology and artificial intelligence is intensifying, with key industry figures like Ben Goertzel convinced that AI should be decentralized.  This convergence was even highlighted by the World Economic Forum, which argued in 2024 that “Synergies between spatial…

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Nasdaq-listed Mercurity Fintech to raise 0M for Bitcoin treasury

Nasdaq-listed Mercurity Fintech to raise $800M for Bitcoin treasury

Mercurity’s $800 million Bitcoin treasury financing plan would make the firm the 11th-largest corporate Bitcoin holder after Galaxy Digital. Mercurity Fintech Holding, a Nasdaq-listed digital fintech group building blockchain-based payment infrastructure, plans to raise $800 million to establish a Bitcoin treasury reserve as more companies adopt the cryptocurrency for strategic purposes. Mercurity plans to raise…

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Sam Altman-backed Coco Robotics raises M

Sam Altman-backed Coco Robotics raises $80M

Los Angeles-based Coco Robotics, a startup building last-mile delivery robots, announced it raised $80 million on Wednesday. The funding round included angel investors Sam Altman and Max Altman, both returning investors, in addition to VC firms like Pelion Venture Partners and Offline Ventures, among others. This brings the company’s total funding to more than $120…

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