World Liberty Financial’s native token staged a comeback after the undertaking blacklisted Tron founder Justin Sun’s token holdings of 595.109 million WLFI tokens. Sun remarked, “As one of many early main traders in World Liberty Financials, I’ve contributed not solely capital but in addition my belief and help for the way forward for this undertaking. My…
European Central Bank (ECB) President Christine Lagarde has referred to as on policymakers to speed up laws concentrating on the dangers posed by stablecoins. Speaking on the European Systemic Risk Board (ESRB) convention on Sept. 3, Lagarde warned that whereas stablecoins seem progressive, they reintroduce long-recognized monetary vulnerabilities in new kinds. According to her: “The…
DV8 in the present day appointed Jason Fang, founding companion of Sora Ventures, as chief govt officer, outlining a shift to a company Bitcoin treasury and broader digital asset technique, the corporate mentioned. The transfer follows a months-long reshaping of DV8’s possession and stability sheet. A cross-border group that features Sora Ventures, UTXO Management, Kliff…
Cardano founder Charles Hoskinson has outlined plans to pursue partnerships with main protocols, together with Aave, Chainlink, and World Liberty Financial’s USD1 stablecoin. In an Aug. 31 Ask Me Anything (AMA) session, Hoskinson argued that such integrations are essential for strengthening Cardano’s ecosystem and guaranteeing the blockchain stays aggressive within the business. He mentioned: “I’d…
The Tron blockchain is making ready for its steepest charge discount since launch, following a neighborhood vote by its Tremendous Representatives (SRs). On Aug. 29, Tron founder Justin Sun confirmed that the blockchain community’s neighborhood has backed a proposal to decrease charges by 60%. This adjustment, scheduled to take impact later right this moment, goals…
World Liberty Financial (WLFI), the crypto project affiliated with US President Donald Trump, has minted approximately 10% of its USD1 stablecoin supply, totaling $205 million, for its Treasury. In an April 20 statement on X, WLFI pointed out that the stablecoin is one of the fastest-growing in the market, noting that the asset is “backed…
Tether has employed Bo Hines, a former adviser to President Donald Trump, as its Strategic Advisor for Digital Belongings and US Technique. The corporate confirmed on Aug. 19 that Hines will instantly start working with Tether’s management to information its enlargement and regulatory engagement in america. In his new function, Hines will oversee technique, liaise…
Tron founder Justin Sun has filed a lawsuit against Bloomberg, accusing the media outlet of unlawfully disclosing his private financial information in its Billionaires Index profile. In an Aug. 11 court filing, the crypto billionaire alleged that Bloomberg intended to “recklessly and improperly” publish highly confidential and proprietary details about his crypto holdings. He argued…
A coalition of US banking groups, led by the Bank Policy Institute (BPI), has urged lawmakers to address a major oversight in the recently passed GENIUS Act stablecoin bill. In an Aug. 12 statement, the BPI conceded that the bill blocks stablecoin issuers from offering direct yields or interest to holders. However, they pointed out…
US Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw has criticized recent staff guidance on liquid staking, warning that it fails to reflect the practice’s complexities. On Aug. 5, the SEC’s Division of Corporation Finance asserted that certain liquid staking arrangements, specifically those involving receipt tokens, do not fall under securities regulations. However, Crenshaw pushed…