🚨 The leading platform for launching shields on Solana, Pump Fun, has announced that it will share profits from launched shields with their creators. However, a warning has emerged: 98% of tokens on Pump Fun are scams and susceptible to rug pulls, according to a report by Solidus Labs. For more details, read the full report here.
🌟 A 19-year-old student from HSE has uncovered a hidden silhouette of the frog character Pepe on the cover of an old issue of The Economist, as revealed in his investigation on his Telegram channel. Exactly six months later, the meme coin PEPE was launched, reaching a market capitalization of $12 billion. Read more
🇷🇺 Benefits for conducting IPOs may extend beyond just high-tech companies, according to Nabiullina, as reported by TASS.
✨ The inclusion of COIN in the S&P 500 has been confirmed. This milestone reflects the growing recognition of digital assets in the financial landscape. Investors are keenly watching this development, as it may influence market dynamics and the overall perception of cryptocurrencies. Stay tuned for more updates on this significant event.
🇺🇸🇸🇦 Former President Donald Trump will hold a press conference at 17:00 Moscow time to discuss the outcomes of his meeting with Saudi officials. The event promises to shed light on the discussions and future collaboration between the United States and Saudi Arabia. For more details, WATCH the press conference live.
💥🇺🇸🇸🇦 Former President Donald Trump has announced a historic commitment of $600 billion in Saudi Arabian investments in the United States. During a recent event, Trump expressed his strong bond with Crown Prince Mohammed bin Salman, stating, "We really love each other." For more details, you can read the official release.
🇨🇳🇺🇸 China has reiterated that the People’s Republic and the United States have agreed to reduce tariffs for a period of 90 days, with the new tariff rates set to take effect on May 14.
⚠️✴️ Bitcoin (BTC) has declined again, even as the S&P 500 sees an upward trend. Market analysts are keeping a close eye on the situation, noting the disconnect between BTC and traditional stock performance. Investors remain cautious as fluctuations continue to shape the cryptocurrency landscape. For more details, check the monitoring.
💥🇺🇸🇸🇦 Nvidia, in partnership with Humain, is set to build AI factories in Saudi Arabia. The collaboration aims to enhance the region's technological capabilities and foster innovation in artificial intelligence. This initiative reflects a growing trend of investment in AI infrastructure globally, positioning Saudi Arabia as a key player in the tech landscape.
🚨 Microsoft plans to lay off 3% of its workforce, according to a report by CNBC. This decision marks a significant reduction in the company's employee count as it navigates current economic challenges. Further details on the affected departments and the timeline for the layoffs have yet to be revealed. The move reflects ongoing adjustments in the tech industry as companies streamline operations.