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The Latest Breaking News from DeFi

Trump-Backed WLFI Adds Justin Sun As Advisor After TRON Makes $30M Investment

Justin Sun is now an advisor at World Liberty Financial, the upcoming DeFi platform backed by none other than President-elect Donald Trump.

International Business Times

DeFi Technologies Launches CoreFi Strategy, A MicroStrategy-Inspired Approach To Amplifying $BTC Returns With $CORE

CoreFi Strategy, an upcoming publicly traded company, aims to simulate MicroStrategy's success in Bitcoin, but this time, leveraging on $CORE to maximize Bitcoin yield.

International Business Times

Vindicated: Polymarket Says It Proved 'Wisdom Of Markets' Over Polls After Trump Landslide Win

Polymarket believes it has proved doubters wrong after Donald Trump's victory, given criticisms and doubts that the decentralized prediction platform experienced in the lead-up to the elections.

International Business Times

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Trump-Backed WLFI Cuts Fundraising Goal From $300M To $30M After Underwhelming Token Sales

Donald Trump promoted his sons' DeFi project with gusto, saying it will usher in a new era of digital finance, but some two weeks since the token sale, the team disclosed it is cutting its sales target from an initial $300 million to $30 million.

International Business Times

EXCLUSIVE: How DeFi Protocols Can Strike The Right Innovation—Security Balance With WeFi Group CEO

The DeFi space has continued to expand in recent years, but protocols remain vulnerable to exploits, causing trust issues that prevent Web2 users from onboarding into the burgeoning Web3 industry.

International Business Times

Is Pendle Crypto Still a Good HODL? After Arthur Hayes Sells PENDLE Position

Pendle crypto's biggest cheerleader, Arthur Hayes, just sold many of his shares in what he once considered one of the leading RWA coins.

International Business Times

What Is A Mudarabah Smart Contract? Firoza Finance Launches $2M Pilot Program, Opens Waitlist

Liberty Finance and HAQQ Network have collaborated to establish Firoza Finance, which is behind the world's first-ever real-world Mudarabah smart contract, pushing the boundaries of DeFi and challenging the conventional finance system.

International Business Times

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Whitelist Over White House? Crypto Users Blast Trump After DeFi Project Update

Many crypto users are criticizing Donald Trump for promoting the opening of WLFI's whitelists, "shilling" his sons' DeFi project, even as there's only more than a month left before the elections.

International Business Times

The Trumps want to make crypto ‘user-friendly’. Here’s what you need to know about the venture that has Barron as its ‘visionary’

Donald Trump’s sons say they want World Liberty Financial to make ordinary people feel welcome in crypto. But will it protect them from the sharks? asks Io Dodds

The Independent UK

EXCLUSIVE: Fireblocks Executive Delves Into Crypto's 'Defining Moment' In Politics

Crypto is fast-becoming a key issue in the November elections, with more politicians recognizing the industry's growing significance for American voters who press for regulatory clarity.

International Business Times

Trump Family Officially Launches Crypto Platform World Liberty Financial, But Details Remain Scant

The Trumps and their DeFi venture partners have officially launched World Liberty Financial, and while they confirmed that the project will come with a governance token, details about the platform's actual offerings were skipped.

International Business Times

Donald Trump Announces DeFi Project's Launch Date – What To Know About World Liberty Financial

Donald Trump will launch World Liberty Financial himself, and while many crypto users are looking forward to the project's launch, some Bitcoiners aren't so excited.

International Business Times

US House Members Spar Over The Future Of DeFi, Waters Hits Trumps' Project

Members of the House Financial Services' subcommittee for digital assets discussed DeFi's future Tuesday, with some still doubtful of the technology's benefits, and others seeing the potential that it offers for a new financial era.

International Business Times

Trump-Backed World Liberty Financial Tops 200K Telegram Subscribers Amid Dough Finance Concerns

World Liberty Financial now has more than 212,000 subscribers on Telegram, even as questions linger about why the project's supposed code has striking similarities to that of recently-exploited Dough Finance.

International Business Times

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International Business Times

France Arrests Telegram CEO Pavel Durov – Is This Why Satoshi Nakamoto Retained Anonymity?

Pavel Durov was arrested at a French airport Saturday on allegations related to his alleged failure to prevent criminal activity on Telegram. Now, the crypto community is rallying behind the TON co-founder, and a DeFi lawyer said his case could be a watershed moment in tech platform regulation.

International Business Times

Did SEC Withdraw Securities Claim On Solana, Cardano, Polygon?

A new filing by the SEC in its case against Binance has led some in the crypto space to conclude that the regulator has back-pedaled in its claims that some altcoins are unregistered securities, but some experts said the development may have been misinterpreted.

International Business Times

The Future of Yield Optimization: YieldNest's Innovative LRDs and Strategic Merger with PrimeStaked

YieldNest has established itself as a leader in this quickly evolving field by expanding the spectrum of liquid restaking derivatives.

inkl

Top Decentralized Crypto Wallets for Secure Financial Management

Effective and safe management of digital assets is critical in the continuously evolving cryptocurrency domain

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International Business Times

Crypto Industry Lost Over $920M To Hacks And Frauds So Far In 2024: Immunefi

The crypto industry remains vulnerable to fraud and exploits, a new blockchain security report revealed as the sector lost more than $920 million to exploiters so far this year – a larger chunk from the second quarter.

International Business Times

Spot Ethereum ETFs Face SEC Decision with New ETHSwap Presale in the Spotlight

The SEC might soon drop a decision on Spot Ethereum exchange-traded funds, making it crucial for crypto investors to consider ETFSwap (ETFS).

Fortune

ARK Invest’s Cathie Wood says digital wallet wars will be a ‘winner-take-most’ opportunity

In conversation with Coinbase’s CEO Brian Armstrong at the company’s State of Crypto Summit on Thursday, Wood argued that digital wallets could be a race where one winner takes all.

International Business Times

Alvara Protocol Testnet Goes Live, Marking Giant Step Toward Democratizing Fund Management

Decentralized platform Alvara Protocol, which utilizes the ERC-7621, has officially launched its testnet, marking the biggest leap yet in its goal of developing the ultimate DeFi-based system for fund management.

Kiplinger

A Quick Primer on Decentralized Finance

What is DeFi, and how can it help financial services?

International Business Times

Millions In 'Misplaced' Funds Stuck On Bridge Contracts, One Linked To Vitalik Buterin: Arkham

There are several millions in cryptocurrencies waiting to be claimed by their owners on bridge contracts, Arkham Intelligence revealed – one of the wallet owners is Ethereum co-founder Vitalik Buterin.

International Business Times

'Fighting For DeFi': Crypto Community Decries SEC Wells Notice On Uniswap

The crypto space is outraged with the Wells Notice the SEC delivered to Uniswap this week, with many saying they will support the DeFi firm in its legal battle against the crypto-hostile regulator.

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