Here’s what happened in crypto today
In the latest crypto news, Ripple has made another $25 million contribution to the Fairshake political action committee (PAC), aiming to support pro-crypto candidates in the upcoming 2026 midterm elections. Ripple CEO Brad Garlinghouse emphasized this move in a social media post. Previously, Ripple donated $45 million to Fairshake during the 2024 presidential election. Amidst these developments, former Binance CEO Changpeng Zhao urged the crypto community to pivot away from memecoins, calling instead for a focus on building more substantial decentralized applications (DApps). Despite Zhao's advocacy, Binance continues to list various memecoin trading pairs, with new listings like Why (WHY) and Cheems (CHEEMS) experiencing immediate price drops. Furthermore, the memecoin launchpad Pump.fun has suspended its livestream functionality indefinitely following public outcry over controversial content in recent broadcasts, which included disturbing themes. The platform has stated its commitment to moderation and user safety in its community communications.
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