DeFi News

World Liberty Financial (WLFI), the Trump-linked DeFi challenge, is scrambling to cease a market collapse after its token misplaced over 50% of its worth in September. On Friday, the challenge unveiled a full buyback-and-burn program, directing all treasury liquidity charges to soak up promoting stress. According to a governance put up on X, the neighborhood…

Binance founder Changpeng “CZ” Zhao has denied stories that his household workplace, YZi Labs, is getting ready to lift outdoors capital. Zhao issued the rebuttal on X on Monday, calling a Financial Times article on the matter “fully false” and stuffed with “made-up information and detrimental narratives.” The FT report had steered that YZi Labs,…

MetaMask, the broadly used self-custodial crypto pockets, seems set to combine perpetuals buying and selling straight inside its interface by a partnership with Hyperliquid, a fast-growing decentralized derivatives platform. Code updates on MetaMask’s public GitHub repository suggest that the characteristic is below lively improvement, with references to a brand new “Perps” buying and selling display…

A heated contest for management over a brand new dollar-pegged token has set the stage for what analysts say might outline the subsequent part of the stablecoin business. According to Bloomberg, a bidding conflict unfolded on Hyperliquid, one in every of crypto’s fastest-growing buying and selling platforms, with the prize being the proper to challenge…