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Technology Updates

2026-07-07 05:47:51

Pump.fun Reveals PUMP Tokenomics as July 12 ICO Nears

Pump.fun has unveiled PUMP tokenomics ahead of its July 12 ICO launch. The token has a 1 trillion supply, with 33% allocated to the ICO at $0.004 per token. Strong platform revenue growth contrasts with whale short positions, highlighting rising market uncertainty.

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Pump.fun Reveals PUMP Tokenomics as July 12 ICO Nears
2026-07-07 05:38:53

Foundation NFT Marketplace Shuts Down After Failed Sale

Foundation, once a leading Ethereum-based NFT marketplace, is shutting down after a planned sale failed. The platform had generated over $230 million in primary sales and hosted notable works including Edward Snowden’s “Stay Free.” Its closure reflects the broader contraction of the NFT market.

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Foundation NFT Marketplace Shuts Down After Failed Sale
2026-07-07 05:32:31

ERC-6551 Expands NFT Utility With Token-Bound Accounts

ERC-6551 gives each NFT its own token-bound account, allowing it to hold assets and interact with smart contracts. The standard could shift NFTs from static collectibles to functional on-chain entities, though support and security remain key hurdles.

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ERC-6551 Expands NFT Utility With Token-Bound Accounts