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Pymnts
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Pump.fun Raises $600 Million for Meme Coin Platform in 12 Minutes
- Meme coin platform Pump.fun raised $600 million in just 12 minutes, one of the largest initial coin offerings in history, highlighting the growing popularity of meme coins.
- Pump.fun announced plans to sell 150 billion tokens at $0.004 each, after previously selling 180 billion tokens at the same price to private investors.
- Co-Founder Alon Cohen confirmed the $600 million raised in the public sale, totaling $1.32 billion, with U.S. and U.K. investors excluded.
- While some had initial concerns about the impact on the meme coin market, others noted the quick shifts in sentiment within the crypto space, as meme coins rely heavily on social media trends.
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Itnews
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Supply chain attack with malware hits Gravity Forms for WordPress
- Developer of Gravity Forms for WordPress warns about a malware attack affecting core plugin packages, allowing external access to compromised websites.
- Malware in the packages blocks updates and attempts to add an administrative account, providing a backdoor for further malicious actions.
- Malicious code references gravityapi.org domain, registered under redacted details linked to Reykjavik, Iceland.
- Users advised to check for infection using specific links, restore websites from backups before July 9, and take actions to secure their sites.
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Bravenewcoin
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Bitcoin Hits New All-Time High: Institutions Fuel Surge While Retail Investors Remain on Sidelines
- Bitcoin surged to new all-time highs, driven by record-breaking institutional inflows and upcoming events like the U.S. Crypto Week.
- Analysts believe Bitcoin's bullish momentum is just beginning, with parallels drawn to a historical Price Discovery Uptrend.
- Despite Bitcoin's rise, skeptics like Peter Schiff suggest caution, advocating for silver over Bitcoin due to perceived risks.
- While institutional interest in Bitcoin remains strong, retail investors have shown hesitance, as Google search interest and retail engagement lag behind institutional activity.
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Tech Radar
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Self-destructing internal SSD goes live with a one-click unstoppable data destruction promise - even if the power supply is cut
- Teamgroup has launched the P250Q Self-Destruct SSD, designed for high-security environments requiring swift and irreversible data erasure.
- The SSD combines hardware and software-based erasure to address concerns around industrial and military data protection.
- The drive features a patented destruction circuit targeting the Flash IC and includes auto-resume capabilities for uninterrupted data destruction.
- Despite competitive specs like storage options from 256GB to 2TB and fast read/write speeds, the practical value of the P250Q outside specialized environments is uncertain.
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Bravenewcoin
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Hyperliquid (HYPE) Price Prediction: Bullish Triangle Breakout Ignites Talk of $59 to $200 Run
- Hyperliquid (HYPE) climbs to $48 with 636% gain, securing $16B market cap.
- Ascending triangle breakout targets $59 with rising volume, potential $200 prediction.
- $40M HYPE token unlock ahead may introduce short-term volatility, post-$47 resistance.
- HYPE remains structured with controlled momentum, potential for further growth.
- Analyst forecasts $200-$500 price targets for HYPE, riding wave 3 of Elliott structure.
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Medium
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Your Personal AI Is Here — And It’s 100% Offline and Private
- A new Private On-Device RAG System has been developed, allowing for private conversations with documents without needing an internet connection.
- The system combines natural language understanding of LLMs with keyword-based limitations of traditional document search for contextually aware answers.
- The system runs locally, consisting of five components including file ingestion, embedding, semantic query understanding, memoization, and local answer generation.
- The project emphasizes the importance of personal privacy by showcasing that powerful AI can coexist with secure and private systems.
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Bravenewcoin
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SEI Price Prediction Breaks Above $0.27 as Bulls Target $0.94 Rally
- SEI has broken above the $0.27 mark as bulls set their sights on a $0.94 rally, encouraged by volume patterns and on-chain signals.
- Analysts project multi-level rallies with upside targets at $0.35, $0.41, $0.50, and $0.59. A move to $0.70 and a retest of the $0.94 high are also anticipated, contingent on maintaining key support levels.
- In the last 24 hours, SEI/USDT experienced price fluctuations from a peak near $0.336 to an intraday low around $0.311. Profit-taking may be impacting short-term bullish momentum, with volume trends reflecting buyer hesitancy.
- Momentum indicators suggest strength despite pullbacks, with SEI consolidating above $0.32. The Awesome Oscillator and Chaikin Money Flow indicators point to improving sentiment, but a clear break above $0.40 with increased volume is needed for sustained bullish control.
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Massivelyop
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Throne and Liberty was offline nearly 12 hours this past weekend thanks to server instability issues
- Throne and Liberty, an MMORPG, experienced server instability issues this past weekend, causing a 12-hour outage.
- The issues began after maintenance for a new patch was completed and persisted throughout the day, impacting game events and timing.
- Crafting for certain high-tier items was disabled upon server restoration, with no estimated time for re-enabling.
- Players affected by the downtime will receive compensation in the form of in-game currencies and materials, and archboss events will be rescheduled.
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Pymnts
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Robinhood Dealing With Fallout of Tokenized Equities Offering
- Robinhood Markets is facing fallout after offering tokenized equities, including tokens for SpaceX and OpenAI.
- OpenAI issued a statement clarifying that they were not involved in the token offering with Robinhood.
- The Bank of Lithuania, Robinhood's chief regulator in the EU, has requested clarification on the legality of the tokenized instruments.
- The move towards tokenizing real-world assets raises questions about traditional financial services transitioning to blockchain and regulatory challenges.
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Mensjournal
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Tennis Star Claims Jannik Sinner's Wimbledon Victory Has 'Asterisk'
- Jannik Sinner secured his first Wimbledon victory by defeating Carlos Alcaraz, marking his third major title and second win this year.
- Controversy surrounds Sinner's victory as Nick Kyrgios posted an asterisk on social media, referencing Sinner's previous positive drug test and subsequent three-month ban.
- Sinner tested positive for the banned substance clostebol in 2024 due to inadvertent contamination by his physiotherapist, resulting in a ban that was controversially accepted by WADA.
- Despite the controversy, Sinner's ban did not prevent him from participating in major events, with critics questioning the integrity of the sport and his legitimacy as a champion.
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Livebitcoinnews
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Bank of Ghana Orders Mandatory Crypto Firm Registration
- Bank of Ghana orders all crypto firms to register by August 15 deadline.
- New rule aims to help Ghana track crypto firms, improve safety, and trust.
- BoG supports crypto growth but demands strong, clear rules for registration.
- The Bank of Ghana is tightening regulations to control the growing crypto industry, requiring registration of Virtual Asset Service Providers (VASPs) by a specific deadline to enhance integrity, innovation, and consumer protection in the digital financial ecosystem.
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Bravenewcoin
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Dogwifhat Price Prediction: Bullish MACD Crossover Signals Breakout Toward $1.20 Resistance
- Dogwifhat token is stabilizing near $0.96, with traders eyeing a breakthrough above the crucial $1.00 level.
- Short-term resilience is evident as the token finds support around $0.90–$0.93, indicating potential for an upward breakout if $1.00 is breached.
- Steady open interest and bullish price structure suggest market participants anticipate a continuation of the upward trend.
- Momentum indicators, including a bullish MACD crossover and favorable RSI readings, support the possibility of further upside movement.
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Designboom
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sean wotherspoon rethreads multicolored porsche carrera with denim, corduroy and flannel
- Designer Sean Wotherspoon reimagines a Porsche 911 Carrera 2.7RS in vibrant colors.
- Collaborating with a team, every visible surface is refinished and reupholstered.
- The car reflects Wotherspoon's history with car culture through playful colorways and materials.
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Pymnts
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Lloyds Reportedly Wants to Acquire Digital Wallet FinTech Curve
- British banking giant Lloyds is in talks to acquire UK FinTech Curve for £120 million ($161.9 million), aiming for an announcement by the end of September if negotiations are successful.
- Curve, founded in 2016 by former Israeli special forces soldier Shachar Bialick, allows consumers to combine debit and credit cards into one wallet, positioning itself as a competitor to Apple Pay.
- Lloyds sees Curve as an attractive acquisition target due to its focus on payments infrastructure and the potential provided by regulatory scrutiny over fees charged by Apple Pay and Google's payment services in the UK.
- The digital wallets segment is evolving into a crucial part of global commerce infrastructure, catering to SMBs' needs for faster transactions and access to financial services like credit and insurance.
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Itnews
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28
Image Credit: Itnews
Google Gemini for Workspace vulnerable to prompt injection attacks
- Google's Gemini AI in Workspace productivity suite is vulnerable to prompt injection attacks.
- A researcher demonstrated a phishing attack using Gemini to trigger a fake security warning hidden in emails.
- The attack exploits Gemini's system prompt hierarchy, and Google had published mitigations for similar attacks earlier this year.
- Security teams are advised to consider AI assistants in the attack surface and take precautions against such vulnerabilities.
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