LandWolf (SOL) narxWOLF

Crypto investors rejoiced this week after the US Securities and Exchange Commission dismissed one of the crypto industry’s most controversial lawsuits — one that resulted in an over four-year legal battle with Ripple Labs. In another significant regulatory development, Solana-based futures exchange-traded funds (ETFs) have debuted in the US, a move that may signal the approval of spot Solana SOLUSD  ETFs as the “next logical step” for lawmakers. SEC’s XRP reversal a “victory for the industry”: Ripple CEO The SEC’s dismissal of its years-long lawsuit against Ripple Labs, the developer of the XRP Ledger blockchain network, is a “victory for the industry,” Ripple CEO Brad Garlinghouse said at Blockworks’ 2025 Digital Asset Summit in New York. On March 19, Garlinghouse revealed that the SEC would dismiss its legal action against Ripple, ending four years of litigation against the blockchain developer for an alleged $1.3-billion unregistered securities offering in 2020. “It feels like a victory for the industry and the beginning of a new chapter,” Garlinghouse said on March 19 at the Summit, which Cointelegraph attended.  Solana futures ETF to grow institutional adoption, despite limited inflows The crypto industry is set to debut the first SOL futures ETF, a significant development that may pave the way for the first spot SOL ETF as the “next logical step” for crypto-based trading products, according to industry watchers. Volatility Shares is launching two SOL futures ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20. The debut of the first SOL futures ETF may bring significant new institutional adoption for the SOL token, according to Ryan Lee, chief analyst at Bitget Research. The analyst told Cointelegraph:  “The launch of the first Solana ETFs in the US could significantly boost Solana’s market position by increasing demand and liquidity for SOL, potentially narrowing the gap with Ethereum’s market cap.” The Solana ETF will grow institutional adoption by “offering a regulated investment vehicle, attracting billions in capital and reinforcing Solana’s competitiveness against Ethereum,” said Lee, adding that “Ethereum’s entrenched ecosystem remains a formidable barrier.” Pump.fun launches own DEX, drops Raydium Pump.fun has launched its own decentralized exchange (DEX) called PumpSwap, potentially displacing Raydium as the primary trading venue for Solana-based memecoins.  Starting on March 20, memecoins that successfully bootstrap liquidity, or “bond,” on Pump.fun will migrate directly to PumpSwap, Pump.fun said in an X post.  Previously, bonded Pump.fun tokens migrated to Raydium, which emerged as Solana’s most popular DEX, largely thanks to memecoin trading activity.  According to Pump.fun, PumpSwap “functions similarly to Raydium V4 and Uniswap V2” and is designed “to create the most frictionless environment for trading coins.” “Migrations were a major point of friction - they slow a coin’s momentum and introduce needless complexity for new users,” Pump.fun said. “Now, migrations happen instantly and for free.” Bybit: 89% of stolen $1.4B crypto still traceable post-hack The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, with blockchain investigators continuing their efforts to freeze and recover the funds. The crypto industry was rocked by the largest hack in history on Feb. 21 when Bybit lost over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH) and other digital assets. Blockchain security firms, including Arkham Intelligence, have identified North Korea’s Lazarus Group as the likely culprit behind the Bybit exploit as the attackers continue swapping the funds in an effort to make them untraceable. Despite the Lazarus Group’s efforts, over 88% of the stolen $1.4 billion remains traceable, according to Ben Zhou, co-founder and CEO of crypto exchange Bybit. The CEO wrote in a March 20 X post: “Total hacked funds of USD 1.4bn around 500k ETH. 88.87% remain traceable, 7.59% have gone dark, 3.54% have been frozen.” “86.29% (440,091 ETH, ~$1.23B) have been converted into 12,836 BTC across 9,117 wallets (Average 1.41 BTC each),” said the CEO, adding that the funds were mainly funneled through Bitcoin (BTC) mixers, including Wasbi, CryptoMixer, Railgun and Tornado Cash. The CEO’s update comes nearly a month after the exchange was hacked. It took the Lazarus Group 10 days to move 100% of the stolen funds through the decentralized crosschain protocol THORChain, Cointelegraph reported on March 4. Libra, Melania creator’s “Wolf of Wall Street” memecoin crashes 99% The creator of the Libra token has launched another memecoin with some of the same concerning onchain patterns that pointed to significant insider trading activity ahead of the coin’s 99% collapse. Hayden Davis, co-creator of the Official Melania Meme (MELANIA) and Libra tokens, has launched a new Solana-based memecoin with an over 80% insider supply. Davis launched the Wolf (WOLF) memecoin on March 8, banking on rumors of Jordan Belfort, known as the Wolf of Wall Street, launching his own token. The token reached a peak $42 million market cap. However, 82% of WOLF’s supply was bundled under the same entity, according to a March 15 X post by Bubblemaps, which wrote: “The bubble map revealed something strange — $WOLF had the same pattern as $HOOD, a token launched by Hayden Davis. Was he behind this one too?” The blockchain analytics platform revealed transfers across 17 different addresses, stemming back to the address “OxcEAe,” owned by Davis. “He funded these wallets months before $LIBRA and $WOLF launched, moving money through 17 addresses and 2 chains,” Bubblemaps added. The Wolf memecoin lost over 99% of its value within two days, from the peak $42.9 million market capitalization on March 8 to just $570,000 by March 16, Dexscreener data shows. DeFi market overview According to Cointelegraph Markets Pro and TradingView data, most of the 100 largest cryptocurrencies by market capitalization ended the week in the green. Of the top 100, the BNB Chain-native Four (FORM) token rose over 110% as the week’s biggest gainer, followed by PancakeSwap’s CAKE (CAKE) token, up over 48% on the weekly chart. Thanks for reading our summary of this week’s most impactful DeFi developments. Join us next Friday for more stories, insights and education regarding this dynamically advancing space. $XRP

Hayden Davis appears to be relentless even though Interpol is hunting him. He has lately resurfaced with a new token called WOLF after LIBRA fell and left thousands of investors with massive losses. Many people wonder if Davis’s bravery to start a new project among his fugitive status is merely a repeat of the past scandal. 1/ Hayden Davis launched a new token: $WOLF Now on an Interpol notice, the creator of LIBRA and MELANIA tried his best to hide it 🧵 ↓ pic.twitter.com/Ok6ev3JH4r — Bubblemaps (@bubblemaps) March 15, 2025 WOLF has a suspicious pattern. Many find parallels between this token and HOOD, a former project linked with Davis. The WOLF creator address leads straight to Davis’ wallet, thus the crypto community quickly made the connections. This fuels even more mistrust that this project is merely a continuation of the outdated approach that resulted in the crash of LIBRA. One of the most often discussed tokens was LIBRA once. Supported by Argentine President Javier Milei , its market capitalization surged then fell by more than 95%. While insiders, including Davis, apparently made more than $107 million in profits, thousands of investors lost money. It makes sense that Gregorio Dalbón, an Argentine attorney, has asked Interpol to issue a Red Notice for Davis, according to CNF . What makes the case even more interesting, however, is the involvement of Javier Milei. Initially, he enthusiastically promoted LIBRA on social media. However, once the project collapsed, Milei withdrew his support, claiming that he too had been defrauded. Unfortunately, this was not enough for opposition lawmakers who saw signs of a “rug pull” scheme—where an influential person deliberately inflates the value of an asset before selling it for personal gain. Milei’s support of LIBRA backfired. Now demanding more investigation on his involvement in endorsing the token are opposition legislators. Some have even referred to this early proof of corruption that could compromise his presidency. Declaring that the president gained no advantages from LIBRA , Milei’s government has sought to minimize the problem. Many, though, are dubious, particularly given Milei’s close relationship to Davis. Although Davis personally has a track record of failed businesses, he seems to be always spotting new prospects. Given all of Davis’s past, it’s difficult not to see WOLF as a cause of concern for investors. Many are already getting ready for the worst even though there is no clear indication the project would suffer the same fate as LIBRA. The community of cryptocurrency finds itself at a junction. Will they avoid projects following a similar pattern and learn from past scandals? Alternatively, will they keep being enticed by the promise of large returns without thinking through the risks?

🚨 ALERT: Another Meme Coin Rug? Hayden Davis, the creator of $LIBRA & $MELANIA , is now suspected of launching $WOLF, a token rumored to be linked to Jordan Belfort’s “Wolf of Wall Street.” 🐺 As expected, insiders and snipers cashed out big before the crash—leaving retail investors in the dust 🚨 Is this just another pump-and-dump scheme? 🤨

✳️Bubblemaps new erah for innovation✳️ Bubblemaps, which has been operating as an on-chain data visualization tool for the crypto community, launched its native token $BMT on the Solana blockchain on Mar. 11, with a total supply of 1 billion. $BMT serves as a utility token on the platform, granting users access to exclusive features that aren’t available on the free version. On Nov. 13, Bubblemaps released Bubblemaps V2 Beta, introducing a range of new features, including access to complete historical data of a token’s distribution, cross-chain data visualization, profit/loss tracking for addresses and clusters, and more. In addition to Bubblemaps on-chain visualization platform, BMT is used on the Bubblemaps’ community-driven investigative platform , enabling users to submit cases they want investigated, vote on the cases, and allocate the on-chain sleuthing resources. previously uncovered several high-profile insider trading and market manipulation cases, including the recent launch of WOLF meme coin by Hayden Davis. Bubblemaps sleuths also traced the connection between LIBRA and MELANIA coins.

✳️Bubblemaps new erah for innovation✳️ Bubblemaps, which has been operating as an on-chain data visualization tool for the crypto community, launched its native token $BMT on the Solana blockchain on Mar. 11, with a total supply of 1 billion. $BMT serves as a utility token on the platform, granting users access to exclusive features that aren’t available on the free version. On Nov. 13, Bubblemaps released Bubblemaps V2 Beta, introducing a range of new features, including access to complete historical data of a token’s distribution, cross-chain data visualization, profit/loss tracking for addresses and clusters, and more. In addition to Bubblemaps on-chain visualization platform, BMT is used on the Bubblemaps’ community-driven investigative platform , enabling users to submit cases they want investigated, vote on the cases, and allocate the on-chain sleuthing resources. previously uncovered several high-profile insider trading and market manipulation cases, including the recent launch of WOLF meme coin by Hayden Davis. Bubblemaps sleuths also traced the connection between LIBRA and MELANIA coins.