Pump.fun co-founder Alon Cohen said the Solana-based memecoin launchpad is overhauling its creator fee system after concluding that the existing model may have skewed incentives. “Creator fees need change,” Cohen wrote in a Friday post on X, acknowledging that the Dynamic Fees V1 system, introduced several months ago, succeeded in driving activity but failed to produce sustainable market behavior. According to Cohen, the mechanism encouraged low-risk token creation at the expense of high-risk trading, which he described as “dangerous” because traders are the core source of liquidity and volume on…
Tag: Sharing
Dump Bitcoin, Buy Silver, Says Peter Schiff While Sharing $100 Target for Grey Metal
Key Notes Schiff advised investors to dump Bitcoin and buy Silver with a target of $100 in 2026. Schiff argued that Bitcoin has significantly underperformed silver over the past four years, losing more than half its value when priced against the grey metal. Bitcoin recovered 2.5% ahead of the US Fed rate-cut decision on December 10. Bitcoin BTC $92 217 24h volatility: 2.2% Market cap: $1.84 T Vol. 24h: $54.78 B critic Peter Schiff highlighted the silver price rally as the grey metal hit a historic high of over $60…
Hong Kong Consults on Data Sharing to Curb Crypto Tax Dodgers
Hong Kong has launched a public consultation on how to implement the international Crypto-Asset Reporting Framework, or CARF, as it moves to bring crypto tax data sharing in line with global standards. According to a Tuesday news release, Hong Kong is seeking input on both the implementation of CARF and changes to tax reporting standards. The announcement explicitly ties the move to the local administration’s efforts to fight cross-border tax evasion. The move constitutes standardization rather than a change of direction by the local government. As the announcement points out,…
Switzerland Delays Crypto Tax Sharing Rule Until 2027
Switzerland has delayed implementing rules that would automatically exchange crypto account information with overseas tax agencies until 2027 and is still deciding which countries it will share data with. Crypto-Asset Reporting Framework (CARF) rules will still be enshrined into law on Jan. 1, 2026, as originally planned, but will not be implemented until at least a year later, the Swiss Federal Council and State Secretariat for International Finance said on Wednesday. It added that the Swiss government’s tax committee “suspended deliberations on the partner states with which Switzerland intends to…
Houdini Pay Lets You Accept Crypto Without Address Sharing
Centralized instant exchange aggregator Houdini Swap has rolled out a private payment service allowing users to receive payments in their preferred asset without revealing their onchain address. According to an announcement shared with Cointelegraph, Houdini Pay allows users to generate shareable payment links with support for over 4,000 digital assets across multiple blockchains. The asset is converted to the receiver’s preferred asset, and routing the payment through the system breaks the onchain link between the sender and the receiver, preventing one from snooping on the other’s wallet. The fees incurred…
Data Sharing Is The Next Crypto Compliance Frontier
Opinion by: Mike Haley, CEO of Cifas While the crypto industry is revolutionizing the world of finance, there’s an underlying reality bubbling beneath the surface. Hitting record levels, cryptocurrency scams reportedly accounted for $9.9 billion in 2024 — with 2025’s forecast making for even bleaker reading. Whether in the form of “old wine in new bottles” frauds — such as Ponzi and pump-and-dump schemes or new crypto-specific fraud typologies like address poisoning — the global fraud epidemic is hitting the industry hard and undermining consumer confidence. Criminals are increasingly abusing…
Switzerland Proposes Cross-Country Crypto Data Sharing
Switzerland is moving forward with plans to automatically share crypto-related data with 74 partner countries, including the United Kingdom and all European Union member states. The Federal Council, the government of Switzerland, has adopted a bill to enable the automatic exchange of information (AEOI) on crypto with partner countries, according to an announcement on June 6. The proposal also suggests sharing the data with most G20 countries. The measure excludes the United States, Saudi Arabia and China, according to an X post by the Swiss Federal Government. Source: Swiss Federal…
Base creator admits sharing ‘Base is for pimping’ art was a mistake
The creator of Ethereum layer 2 blockchain Base, Jesse Pollak, has apologized following backlash over posting digital artwork that controversially played on Base’s tagline, “Base is for everyone.” Several social media users found the artwork offensive and inappropriate. “It was a single phrase among many, but I’ll own this was a mistake and apologize,” Pollak said in an April 18 X post referring to his decision to reshare a GIF image that featured the phrase “Base is for…” followed by a rotating sequence of words, including both controversial terms like…
Metaplanet shares added to Amplify Transformational Data Sharing ETF
Metaplanet has been added to the the Amplify Transformational Data Sharing ETF or BLOK, a global index that invests in leading blockchain companies including SBI Holding, MicroStrategy and Nvidia. On Nov. 28, the Japanese investment firm announced its inclusion into BLOK, joining a lineup of 53 companies that engage in the development and utilization of blockchain technology. The ETF features leading industry players including MicroStrategy, Robinhood, Nvidia, and SBI Holdings. According to the press release, Metaplanet’s estimated starting weight on the BLOK will be around 2.9%. As of Nov. 29,…
Video sharing platform Rumble to allocate up to $20m in Bitcoin for strategic growth
Public video-sharing platform Rumble said Monday it plans to allocate up to $20 million in Bitcoin for its crypto treasury. Rumble, a video-sharing and cloud services provider, said in a blog announcement on Nov. 25 that its board had approved a strategy to diversify its corporate treasury by allocating up to $20 million of excess cash reserves to Bitcoin (BTC). The Florida-headquartered public company says the move is meant to accelerate Rumble’s expansion into the crypto field. The company added that its allocation strategy “will include purchases, at the discretion of…