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#SUI News: Waiting on $WAL TGE - dont miss this one. The Token Generation Event (TGE) for Walrus $WAL is scheduled to take place in March 2025, coinciding with the launch of the Walrus mainnet. While an exact date within March has not been specified in the available information,

Meteora introduces blacklist to ensure fair $MET distribution Meteora, a Solana-based decentralized exchange (DEX), announced via X that it is introducing a blacklist of wallet addresses that will be excluded from all MET token distributions. This comes due to the community

$AUCTION seems to be victim of price manipulation, says analyst On-chain analyst @EmberCN noted via X that the AUCTION token appears to be the victim of a price manipulation scheme. Between Feb. 23 and March 16, the manipulator (a whale or institution) withdrew a total of 2

Tether is reportedly looking to tap a Big Four auditor for its U.S. dollar pegged stablecoin’s reserves. According to Paolo Ardoino, the chief executive officer of Tether, the company is “engaging” one of the top accounting firm in the world with a view to getting its Tether ( USDT ) reserves audited. Reuters highlighted this development in a report published on Friday, March 21, 2025. Per the report, Ardoino sees the crypto regulatory environment under U.S. President Donald Trump as a positive development for the industry. Getting a Big Four auditor – the global professional services firms Deloitte, EY, formerly Ernst & Young, PricewaterhouseCoopers and KPMG – to audit Tether’s USDT reserves is possible in the US under Trump, Ardoino noted. Controversy has surrounded Tether and its reserves since the company’s unveiling of the stablecoin in 2014. The company has weathered most of the criticism since, emerging as one of the most important crypto projects in the market. So far, Tether has issued over $140 billion USDT, stating in various attestation reports that every dollar-pegged token is backed 1:1. But many have pointed to what they call a lack of transparency. Given the latest regulatory developments including in the U.S., having one of the top accounting and consulting firms take up Tether’s reserves audit may be a huge step forward for the company. “It’s our top priority,” the Tether exec said. “Now we are living in a landscape where it’s actually feasible.” While Ardoino notes this move is in the pipeline, he did not disclose any specifics with regard to who the stablecoin issuer is talking to, or when the audit may happen. Reports that Tether is looking to engage a Big Four accounting firm to verify USDT reserves comes as the U.S. heads towards a stablecoin regulation bill. Earlier in the week, in an address at the Digital Asset Summit in New York, President Trump urged Congress to pass the stablecoin legislation. Meanwhile, Tether recently appointed Simon McWilliams as its chief financial officer. As CFO, McWilliams’ role includes heading Tether’s effort to have a full financial audit.

Digital token launchpad Pump.fun has launched its own native decentralized exchange (DEX), PumpSwap, on the Solana blockchain by the name of PumpSwap . The move comes after the platform saw its revenue drop by nearly 60% in the last month. According to reports, Pump.fun’s new DEX will eliminate the existing migration process in the previous system and discard the associated 6 SOL fee. Tokens launched on Pump.fun will now be immediately available for trading upon completion of their bonding curve, without the need for establishing a separate liquidity pool on Raydium. Pump.fun announced the innovation in its latest post on X, highlighting the deliverables of the new product. According to the announcement, the DEX will enable instant migrations, zero fees, increased liquidity, and a revenue-sharing feature. Related: Pump.fun in Freefall? Solana Token Platform Sees Graduations Plummet It is crucial to note that the newly launched DEX shares a few similarities with the Raydium V4 and Uniswap V2 decentralized solutions through its Constant Product AMM. The Pump.fun team highlighted that this new infrastructure will enable users to freely create and contribute to liquidity pools, as well as trade any token listed on the PumpSwap exchange. The core rationale behind PumpSwap’s creation is to achieve a frictionless environment for trading coins. Pump.fun acknowledged that the prior migration system introduced friction, potentially impeding the momentum of new tokens and adding unnecessary complexities for users. The new system aims to resolve these issues by providing instant and cost-free migrations. Related: Pump.fun Token Graduation Rate Plunge: Is the Platform in Trouble? In the meantime, Pump.fun noted that it is creating a more sustainable ecosystem besides the newly launched DEX. According to the project, the DEX will incorporate a revenue-sharing model for token creators, potentially distributing millions of dollars to these participants and their communities, thereby incentivizing the launch of higher-quality projects. Regarding transaction costs, PumpSwap’s fee structure is competitive. Each trade executed on the DEX will incur a fee of 0.25%. Of this, 0.20% will be allocated to liquidity providers, and the remaining 0.05% will be retained by the protocol. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.