Poland’s VeloBank sold to Cerberus-led consortium

A consortium led by US investor Cerberus Capital Management, which includes the European Bank for Reconstruction and Development and the International Finance Corporation from the World Bank Group, acquired a 100% stake in VeloBank, the buyers said on …

98.6% of memecoins on pump.fun fail to even launch

It turns out that almost all cryptocurrencies that are birthed on Solana memecoin creation tool, pump.fun, never see the light of day. Dune Analytics data shows the success rate of pump.fun crypto tokens making it onto the Solana-based decentralized fi…