Odaily News According to the official announcement, the crypto asset trading platform Gate announced that it supports the public sale of the popular Solana ecological project Pump.Fun (token abbreviation: PUMP), which is expected to sell 15% of the total tokens, with a target fundraising scale of US$600 million and a project market value of US$4 billion. The PUMP sale adopts an open and fair launch mode. Users can subscribe to tokens at a unit price of 0.004 USDT through the Gate platform. The subscription time is from 22:00 on July 12, 2025 to 22:00 on July 15 (UTC+8), while stocks last. Users can use USDT to participate, and the single subscription range ranges from 5 to 100,000 USDT. PUMP is a utility token issued by the Pump.Fun Memecoin issuance platform and the swap.pump.fun automatic market maker (AMM) protocol. Gate emphasized that this subscription activity was independently initiated by the Pump.Fun team. Gate Labs did not participate in the investment of this project. The platform only provided technical and operational support. Users were reminded to fully understand the project background and potential risks before participating, and to make rational judgments and prudent decisions.

Odaily News pump.fun published an article on the X platform to announce the PUMP token economics: the maximum supply is 1 trillion, of which: 33% will be sold through the initial coin offering (ICO), 24% will be reserved for community and ecosystem plans, 20% will be allocated to the project team, 2.4% will be used for the ecological fund, 2% will be allocated to the foundation, 13% will be allocated to existing investors, 3% will be used for live broadcast related incentives, and 2.6% will be used for liquidity and trading platforms.

Odaily News PeckShield posted on the X platform that GMX had left a message to the hacker's address, admitting that it had encountered the GMXVl vulnerability and was willing to provide a 10% white hat bounty. If the remaining 90% of the funds are returned within 48 hours, we promise not to take further legal action.

Odaily News According to the official announcement, Binance Futures will launch pre-market trading of PUMPUSDT perpetual contracts at 15:30 (ET on July 10, 2025), with a maximum leverage of 5 times.

Odaily News pump.fun announced in a post on the X platform that the PUMP token will be launched through an initial coin offering on July 12, and an airdrop is coming soon.

Odaily News US President Trump said that the Fed's interest rate is at least 3 percentage points higher. "Mr. Too Late" (Powell) costs the US $360 billion in refinancing costs every year. Now there is no inflation, companies are pouring into the US. Lower interest rates. (Jinshi)