Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A sudden flare‑up of rumors sent waves through the crypto world this week. At the center is a Bloomberg story linking Binance to the creation of USD1, a stablecoin backed by World Liberty Financial and supported by US President Donald Trump’s family. […]
Coinbase Denies Role In Leak Tying Binance To Trump Coin Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Something unexpected has crept into the Trump family balance sheet lately. According to Bloomberg, US President Donald Trump’s crypto ventures have added more than $620 million to his fortune in just a few months. Those digital holdings now make up roughly 9%
Over $620 Million Earned, Reports Say Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure World Liberty Financial hit headlines this week after a major token buy sent shockwaves through crypto circles. Based on reports, an Abu Dhabi fund snapped up 100 million worth of WLFI governance tokens. That purchase makes Aqua1 Foundation the largest holder—beating out
Trump Family’s Crypto Ties Deepen with $100 Million UAE Boost Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US President Donald Trump’s family appears to have cut its stake in World Liberty Financial by a big margin in recent weeks. Shares once held under DT Marks DeFi LLC dropped from 75% at the end of 2024 to about 40% today. That
Trump Dynasty Quietly Reduces Clout In World Liberty Financial—Report Read More »
World Liberty Financial, a DeFi venture part-owned by a trust of US President Donald Trump, has kicked off a new airdrop campaign targeting early backers. On June 4, the blockchain analytics platform Lookonchain confirmed that the project began distributing $47 worth of its USD1 stablecoin to wallets that participated in the WLFI token sale. The airdrop, approved
Binance, the largest crypto exchange by trading volume, revealed plans to list the USD1 stablecoin issued by the Donald Trump family-affiliated DeFi venture World Liberty Financial (WLFI). According to a May 22 statement, the exchange said it would open trading for the USD1/USDT pair on the same day. The firm added that its users can
Binance lists USD1 stablecoin with trading restrictions in EU and US Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On a negative development for the US crypto industry, the highly anticipated stablecoins legislation has failed to advance in the US Senate after not receiving enough support from Senate Democrats. Several Republican senators have slammed the Democratic lawmakers for putting “partisan politics
Senators Slam Stablecoin Bill Failure Over Partisan Politics Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure United States Sen. Elizabeth Warren is urging Congress to reject the GENIUS Act, a bill that would potentially pave the way for what she terms “crypto corruption.” The bill – the Guiding and Establishing National Innovation for US Stablecoins Act – has
Senator Rips GENIUS Act, Alleges Trump Cashing In On USD1 Coin Read More »
Key Notes Backed by US Treasuries, USD1 will reportedly serve as the settlement currency for a $2 billion investment from Abu Dhabi-backed MGX. Warren has raised alarm about the GENIUS Act, which aims to establish a US regulatory framework for stablecoins. She alleges the bill could facilitate financial profiteering by Trump and his associates, labeling
Warren Urges Senate to Block Crypto Bill Over Trump Deal Read More »
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Whales Lose Big In $8.58 Million Sell-Off Read More »
