Blockchain analytics firm Bubblemaps has issued a stark warning regarding Rugproof, a Solana-based launchpad that purports to protect investors from rug pulls. Ironically, Bubblemaps alleges that Rugproof itself may be orchestrating such a scam, citing suspicious token distribution patterns that mirror classic rug pull tactics.

Canadian vape company CEA Industries (VAPE) experienced a dramatic surge of nearly 550% in its stock price on Monday, following the announcement of its strategic pivot to become the largest BNB treasury company in the United States. This significant shift aims to provide institutional and retail investors with a transparent avenue to engage with the BNB Chain ecosystem.

PayPal's foray into the stablecoin market with its PYUSD token is encountering turbulence. The digital currency has seen a significant drop in its market capitalization, raising questions about its adoption and future trajectory. This downturn comes at a critical juncture as PayPal prepares to release its upcoming earnings report, with investors closely watching the performance of its cryptocurrency ventures.

Vitalik Buterin, the co-founder of Ethereum, recently shed light on his decision to forgo anonymity during the blockchain's inception. In a candid discussion, Buterin revealed the strategic reasons behind making his identity public, emphasizing the importance of accountability and trust in building a decentralized ecosystem. This move was pivotal in establishing Ethereum's credibility and fostering community engagement from its early stages.

Interactive Brokers, a prominent online brokerage firm, is reportedly exploring the possibility of launching its own stablecoin. This potential move signals a growing interest from traditional financial institutions in the burgeoning cryptocurrency market and the underlying blockchain technology.

Cathie Wood's ARK Invest has partnered with SOL Strategies, a Canadian firm specializing in the Solana blockchain ecosystem, to provide staking services for its Digital Asset Revolutions Fund. This collaboration signifies a growing institutional interest in digital asset staking and highlights SOL Strategies' robust infrastructure and market position.

SharpLink Gaming has significantly expanded its Ethereum holdings, acquiring an additional 77,210 ETH worth $295 million. This substantial purchase surpasses the total amount of Ether issued across the network in the past month, underscoring the company's aggressive strategy in accumulating the cryptocurrency as a treasury asset. The move also coincides with the appointment of a BlackRock veteran as co-CEO, signaling a strategic push into digital assets.

Solana co-founder Anatoly Yakovenko has ignited a firestorm in the crypto community with his scathing remarks about memecoins and NFTs, labeling them as "digital slop." In a recent, highly publicized debate, Yakovenko didn't hold back, criticizing the speculative nature and perceived lack of intrinsic value in many of these digital assets, which have seen a surge in popularity and trading volume.

Metaplanet, a Tokyo-based company, has significantly expanded its Bitcoin holdings by acquiring an additional 780 BTC, bringing its total reserves to 17,132 BTC, valued at over $2 billion. This strategic move underscores the company's commitment to its Bitcoin-centric treasury strategy, even as its stock experiences a downturn.

Eigen Labs, the development force behind the EigenLayer restaking protocol, has announced a significant advancement in its mission to scale decentralized infrastructure. The company has rolled out a multichain verification feature, enabling decentralized services to operate on layer-2 networks while maintaining the robust security standards of the Ethereum mainnet. This development aims to eliminate the traditional trade-off between security and scalability for Actively Validated Services (AVS).