Crypto

Pump.fun overhauls creator fee system

Solana-based memecoin platform Pump.fun will overhaul its creator fee structure, Cointelegraph reported. Co-founder Alon Cohen said the initial fee model encouraged trading but impeded sustained market formation and failed to secure long-term trading stability. The company said its creator fee-sharing system allows creators and CTO managers to allocate a set share of fees to up to 10 wallets, while teams can transfer coin ownership and revoke update rights. Pump.fun said it does not take fees.

Games & Commerce

Amazon to build super-sized store in Chicago suburbs bigger than Walmart Supercenter

Amazon plans to build a 229,000-square-foot offline store in Orland Park, a suburb of Chicago, which would be larger than a Walmart Supercenter, CNBC reported. The store will sell groceries, daily necessities and general merchandise, and will include some warehouse and delivery space. City authorities have approved the construction, with a final vote scheduled for Jan. 19. Local media reported some residents oppose the plan over traffic concerns.