Trump family-backed World Liberty Financial offered to unlock 62.3 billion WLFI governance tokens on Tuesday, less than a week after CoinDesk reported the company used 5 billion of its own tokens as collateral on lending platform Dolomite to borrow $75 million in stablecoins. WLFI’s token was originally sold as a governance token only, with no […]
A public dispute between Tron founder Justin Sun and the Trump-linked crypto project WLFI$0.08034 The situation worsened on Wednesday after Sun sharply criticized a new governance proposal, calling it “one of the most absurd governance scams” he had seen. In a lengthy post on X, Sun accused the project of designing a vote that punishes
Tron Founder Justin Sun Slams Trump-Linked WLFI Vote, Intensifying Rows Over Governance Read More »
A conservative US political action committee backed by the Solana Policy Institute – the Sentinel Action Fund – has pledged to spend heavily on advertising for the political opponent of former Senator Sherrod Brown, a Democrat and prominent crypto-skeptic who is trying to return to Washington in this year’s Ohio Senate elections. Sentinel and its
Solana Policy Institute-backed PAC spends millions to block Sherrod Brown’s Senate bid Read More »
The tone of Bitcoin BTC$75,072.57 has been more positive of late, but the recovery from the February lows has been rather muted, with any attempt to return to $80,000 quickly dismissed. US stocks, however, continued their remarkable advance in the face of the Iran war, with the Nasdaq gaining 1.6% for its 11th consecutive daily
S&P and Nasdaq hit records as BTC stalls at $75,000, 40% of October peak Read More »
Wall Street broker Bernstein expects prediction market volumes to reach around $1 trillion by 2030, as the industry evolves from niche betting to large-scale “information markets” covering sports, crypto, politics and economics. Volumes reached $51 billion last year and are on track to reach around $240 billion in 2026, implying compound annual growth of around
Bitcoin BTC$73,725.85 overperformance during the Iran conflict doesn’t fit the standard playbook, and Bitwise CIO Matt Hougan thinks he knows why. The largest cryptocurrency has gained 12% since U.S. and Israeli airstrikes began on Feb. 28, while the S&P 500 has fallen 1% and gold 10%. For an asset regularly seen as a leveraged technology
Bitcoin War Rally Forces Rethinking Beyond “Digital Gold” Read More »
Tether, the company behind the world’s largest USDT stablecoin USDT$1.0001added another $70 million worth of bitcoin BTC$74,763.28 to its reserves, extending a strategy of constant accumulation linked to its stablecoin activity. Blockchain data from Arkham Intelligence shows that 951 BTC were moved from Bitfinex to a wallet titled “Tether: BTC Reserve” on Wednesday. The address
Tether continues to stack BTC, adding $70 million in tokens to the stablecoin reserve Read More »
The crypto industry’s emerging political action committee, Fellowship PAC, swooped in with $11 million in support this month, and it has so far reserved $3 million in advertising services through a company co-founded by US Tether CEO Bo Hines. The super PAC is focusing its support on Republican politicians in congressional and gubernatorial races, and
Crypto’s New $11M PAC Booked Millions of Ads With Company Launched by Tether’s US CEO Read More »
Legal & General Asset Management announced Wednesday that it has placed more than 50 billion pounds (about $68 million) in liquidity funds that it manages on-chain through a new distribution channel built by Calastone. “We are excited to make our liquidity funds available on the tokenized calastone distribution network,” said Ross McDonald, Liquidity Investment Specialist
Asset manager L&G brings its $68 billion money market funds online through Calastone Read More »
Network News BITCOIN PROPOSAL THAT COULD FREEZE QUANTUM-LINKED COINS: Bitcoin was built on the promise that no one can touch your coins without your private key. No government, no banks, no one. That promise is now, for the first time in Bitcoin’s 16-year history, being called into question by the developer community itself as part
Bitcoin proposal that could freeze quantum-related coins Read More »
