News

According to a report by Jinse Finance, in an interview video with Delphi Digital, Pump.fun co-founder Noah (@sapijiju) shared his entrepreneurial experience, stating that the team went through eight or nine failed attempts before successfully launching Pump Fun. Noah revealed that the team had previously tried multiple projects, including an NFT launch platform, NFT automated market maker (AMM), a tokenization model for content creator financing, a revenue-sharing mechanism for crypto auditors, and a fork of FriendTech, but all ended in failure. Due to a lack of substantial funding support, the team could only continue experimenting with the help of a few angel investors. "It wasn't until the ninth time that we successfully 'hit' the market with Pump," the co-founder said. He pointed out that Pump Fun is actually the result of integrating elements from all their previous failed products. In addition, the co-founder expressed critical views on the current state of the crypto industry, believing that there are still no truly successful crypto companies, and referred to a certain exchange as a failed company, stating that its founder Brian Armstrong's only contribution was to productize the bitcoin wallet.

Foresight News reported that the Hong Kong-listed company Huajian Medical has announced that it will change its English name to ETHK Labs Inc., and its Chinese name to Huajian Digital Industry Group Co., Ltd. The original name can no longer fully reflect the company's future strategic direction and business focus. ETHK Labs will be positioned as the core institution within the entire ETHK ecosystem, focusing on technology research and development, output, and ecosystem empowerment. In the future, ETHK Labs will serve as the technological cornerstone and innovation engine of the ecosystem, providing underlying technical support and one-stop solutions for the entire ETHK on-chain financial ecosystem and its partners.