Slerf Meme Coin Refunds Pre-Sale Buyers, 19 Months After Burning $10M in Solana

Europol, in collaboration with Eurojust, seized $330,000 in crypto and arrested seven individuals involved in a cybercrime network known as SIMCARTEL. The network provided SIM box devices and SIM cards to fraudsters across various countries, enabling crimes like phishing, fraud, and extortion.

The Government of British Columbia plans to permanently block new cryptocurrency mining projects from connecting to the provincial power grid to focus on industries aligned with clean energy and economic growth goals. The Energy Statutes Amendment Act aims to prioritize sectors like mining and natural gas for grid connections.

SharpLink Gaming recently acquired 19,271 ETH at an average price of $3,892, increasing its total holdings to 859,853 ETH valued at $3.5 billion. The company raised $76.5 million through a stock sale, with its stock price rising significantly since mid-May.

BitcoinOS (BOS) secured $10 million in funding led by Greenfield Capital to enhance its institutional Bitcoin finance tools and developer protocols. The project aims to make Bitcoin a programmable base layer for digital economies, recently achieving a milestone by verifying the first zero-knowledge proof on the Bitcoin mainnet.

Galaxy Digital's shares surged after reporting $505 million in third-quarter profits and reaching a record $17 billion in assets. The firm, positioning itself as a competitor to retail platforms, saw an 8.3% increase in share value. Analysts predict higher forecasts due to the rise in assets.

Solana Mobile discontinues support for Saga just two years after launch, leaving users vulnerable to security threats and potential app malfunctions. The lack of updates means devices will no longer receive necessary software and security updates.

YZi Labs, formerly Binance Labs, led a $25.5 million investment round for Sign, which has raised over $55 million in total across seed, Series A, and strategic rounds. Sign plans to expand its tech team and establish local teams in various countries to boost blockchain infrastructure development.

Coinbase has acquired Echo, an onchain fundraising platform, for $375 million, aiming to enhance early-stage crypto funding accessibility. Echo, founded by Cobie, facilitates direct community fundraising through private or public token sales using Sonar. The acquisition aligns with Coinbase's strategy to expand token access opportunities for customers.

Ethereum Core Developer Péter Szilágyi criticized the Ethereum Foundation's governance, claiming Vitalik Buterin indirectly controls the network. Szilágyi highlighted the Foundation's centralized approach to decision-making and external investments, urging for more decentralization.

Coinbase has acquired Cobie's Echo platform for $375 million, including the Up Only NFT, which sold for $25 million. Echo is a top on-chain capital raising platform, aiding in raising $140M+ from 9,000+ individuals across 340 deals. Buying the NFT means that Coinbase has triggered a final season of the popular crypto show, Up Only.