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16:22
Pumpfun co-founder: The platform has updated its fee mechanism to reduce manipulation.
According to Odaily, Pumpfun co-founder alon announced on platform X that the project has updated its token fee mechanism to reduce manipulation. Under the new rules, each token will use the standard creator fee by default. The creator will have only one opportunity to redirect the fees to another address, after which it will be permanently locked—unless adjusted through the CTO process. Previously, creators could change fee allocation multiple times, which led to manipulation and user dissatisfaction. The update also applies to existing tokens; tokens that already have a set fee allocation will be locked, and those without a set allocation will retain a single opportunity to modify it.
16:22
Meta appoints Andrew Bosworth to lead AI Native Business, overseeing the "AI for Work" project
Chief Technology Officer (CTO) Bosworth will oversee internally used AI tools.
16:16
Morgan Stanley: Plans to support tokenized stock trading on alternative trading systems in the second half of 2026
Odaily reports that Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, stated that Wall Street's advancement in crypto business is not driven by FOMO but is instead the result of years of internal work in modernizing financial infrastructure. She pointed out that Morgan Stanley is expanding its digital asset strategy to cover trading, asset management, and infrastructure. Previously, the bank's related business primarily focused on providing high-net-worth clients with access to Bitcoin funds and offering spot Bitcoin ETFs on its E*Trade platform. Recently, the bank has also submitted an application to launch its own spot Bitcoin ETF. Amy Oldenburg disclosed that Morgan Stanley plans to support tokenized stock trading on its Alternative Trading System in the second half of 2026. This platform currently processes stocks, ETFs, and American Depositary Receipts. She also emphasized that upgrading decades-old core banking systems, improving system connectivity, and coordinating advances across the global financial network remain major challenges, even as institutional interest in tools such as stablecoins is rising and crypto activities continue to accumulate. (CoinDesk)
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