Wormhole Foundation announces intent to acquire Stargate Finance — link | AI comment

🚨 LATEST: Hyperliquid tops revenue per employee at $102.4M, ahead of Tether ($93M) and OnlyFans ($37.6M).

Read more: ct.com

News | Markets | YouTube

Someone close to the pump team told me that there's a big update coming soon to PumpSwap with the fees system. They're going to be dedicating a lot more fees from trading volumes towards paying out creators/CTOs of projects — seems like they're going to be looking to capture all aspects of the market (ICM/streaming, etc) which should be exciting as you all know I did love the idea of Believe eco regardless of its outcome now

W/ the new fees layout creators like Grizz (Trencher artist) would've made $1M~ compared to the $50k~ she's made so far, Dollo artist would've made $200k~ compared to the $15k~ they've made so far and people like RASMR would've made over $100k~ compared to the $10k~ they've made now

Fee structure will be tiered, fees will gradually decrease as the market cap increases as well so whales will still be able to size/top blast into coins without worrying about fees

Should be cool as it'll massively onboard new projects/CTOs/creators to the space and incentive them to push their coins after launch. It’ll also give projects/creators more funds to put towards exchanges etc. Will also apply to ALL projects that are on PumpSwap, past and present

For context - current fee structure

And this is the new fee structure

A wallet that withdrew 15K BTC from HTX and Binance 7 years ago ($95M at the time) just used Hyperliquid to sell its BTC.

https://x.com/mlmabc/status/1958213342356701697

given that 99% of coins don’t pass 5mil, most degens are gonna bleed out

~1% tax + trading bot 1% = 2% per tx
buy sell = 4% per trade

pump repricing higher is also a net good in general (less the extractions out)

let’s see if it plays out

*FED: MAJORITY SAW INFLATION RISK OUTWEIGHING EMPLOYMENT RISK

*FED: SEVERAL FLAGGED RISK OF INFLATION EXPECTATIONS UNANCHORING

*FED: SEVERAL NOTED CONCERNS ABOUT ELEVATED ASSET VALUATIONS

*FED: MANY NOTED FULL EFFECT OF TARIFFS COULD TAKE SOME TIME

*FED: SEVERAL EXPECTED COMPANIES WOULD PASS TARIFFS TO CUSTOMERS

LIBRA TEAM REGAIN ACCESS TO $57.6M IN USDC AFTER JUDGE RULES TO UNFREEZE ASSETS: DECRYPT

🔗 velo.xyz

KANYE WEST LAUNCHES “YZY” MEME COIN ON SOLANA: TWEET

Link

Singapore’s largest bank, DBS, has announced the issuance of tokenized structured notes on the Ethereum public blockchain, available to qualified and institutional investors through local exchanges ADDX, DigiFT, and HydraX. The first product is a participatory note linked to crypto assets, which settles in cash when prices rise while capping losses when prices fall. — link