Trading
Tokenization
Trump-backed DeFi project WLFI closes raise surpassing goal reaching $590 million
Beyond fundraising, WLFI diversifies its crypto portfolio, investing $21.6 million in assets like Ethereum and Bitcoin.
Crypto
Russian oil firms use Bitcoin, Ethereum, USDT for cross-border payments with China and India
While oil firms embrace digital currencies, Russia's digital ruble initiative faces delays and technical hurdles.
Exchanges
Vermont withdraws action against Coinbase, awaits SEC’s regulatory clarity
Coinbase hails Vermont’s move to dismiss lawsuit amid calls for legislative action.
DeFi
Aave unveils horizon, merging real-world assets with DeFi
Aave proposes licensed instance under Horizon to enhance DeFi's compatibility with institutional needs.
Exchanges
CZ says Trump not seeking to invest in Binance US, denying another WSJ story
Zhao labels the WSJ report on Trump and Binance as an attack on the president and crypto industry.
People
Donald Trump cabinet’s Bitcoin investments raise ethics alarms in pro-crypto era
Cabinet members' Bitcoin holdings spark debate over ethics and influence in Trump's pro-crypto governance approach.
Bankruptcy
FTX and Alameda unstake $23 million worth of Solana amid efforts to settle creditor debts
The unstaked Solana aims to assist in settling repayment claims while the bankruptcy proceedings continue.
People
Argentine lawyer seeks Interpol Red Notice for Hayden Davis over Libra token scandal
Davis played a key role in the launch of Libra token and had described its collapse as a business failure.
Hacks
DB news X account hack leads to 20% Official Trump memecoin pump and dump
DB asserts hardware-based two-factor authentication usage suggests potential X employee exploit.
Crypto
Ripple’s becomes first blockchain to acquire Dubai regulatory approval for cross-border payment
Ripple gains strategic foothold in the UAE, enhancing its global regulatory reach with over 60 international licenses.
DeFi
Hyperliquid hit by $4 million loss after whale’s high-risk trading incident
Hyperliquid manages leverage limits after high-risk trader loss impacts market dynamics.
Bitcoin
Ethereum plunges to 5-year low against Bitcoin, market dominance drops to 8.8%
Shifting market sentiment favors Bitcoin as Ethereum hits lowest point since 2020.
