Chain News Daily Today TheBitTimes.com

Pepe Unchained ($PEPU) has launched its Layer 2 Pepe Pump Pad, aiming to do for Ethereum what Pump.fun did for Solana, sending its price surging. At the time of writing $PEPU is up 6.5% in the past hour and 70% on a seven-day view, as bulls positioned for today’s Pump.pad launch. Pepe’s Pump Pad leverages Pepe Unchained’s Layer-2 capabilities, offering lightning-fast transactions at significantly lower costs while also benefiting from the security of the highly decentralized Ethereum network. Given the phenomenal success of Pump.fun, which exploits the transaction speed and cheapness of the Solana network to transform the meme coin space. Now Pump Pad will do the same for Ethereum in what could be a game-changer, helping Ethereum to maintain its position as the most important smart contract platform in crypto. To get an idea of the multi-billion dollar opportunity for Pepe’s Pump Pad, look no further than the adoption metri...

Burwick Law, the firm accusing memecoin platform Pump Fun of securities violations, has caught the attention of crypto grifters after it launched its own memecoin called “DOGSHIT2.” The firm used Pump Fun to create “Dog Shit Going NoWhere” on October 31 as a demonstration of the token launching process. The lawsuit claims it took under 10 minutes to launch and that there were no terms and conditions, know-your-customer checks, age checks, or identity verification involved.  The token’s creation forms part of Burwick Law’s lawsuit that accuses Baton Corporation, which operates Pump Fun, of facilitating “pump-and-dump” schemes and extracting $500 million through the sale of “highly-volatile unregistered securities.”  The actual Pump Fun offices aka, Baton Corporation Ltd. Read more: Ross Ulbricht’s wallet is losing millions on Pump Fun memecoins It claims the lack of compliance measures means Pump Fun has become “a magnet for terrorist financing, dr...