CrispyBull

Ripple and the SEC have filed a joint motion proposing a $102.6 million settlement to end their long-running legal battle. Judge Torres is expected to rule by June 16, potentially closing one of crypto’s most closely watched enforcement cases.

Pump.fun is launching its PUMP token in a $1 billion raise, aiming to transform from a viral meme tool into a tokenized crypto giant. But the platform’s expansion comes as legal challenges over unregistered securities cast a shadow on its future.

Kalshi has added Solana to its list of supported crypto deposits, aiming to streamline access for blockchain-native users. The integration enhances speed, cuts costs, and reinforces Solana’s growing role in institutional finance.

Mantra’s OM token plunged over 90% within an hour, wiping out billions in market value and sparking widespread panic. While the team blames forced liquidations by centralized exchanges, on-chain activity and sudden supply changes have raised fresh concerns about transparency and insider involvement.

A high-leverage short on the thinly traded JELLY token triggered a $20 million loss on Hyperliquid, shaking trust in one of DeFi’s fastest-growing platforms. The incident reignited debate over whether decentralized protocols can truly protect users from manipulation without resorting to centralized interventions.