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On Monday, the team behind the decentralized finance (defi) project World Liberty Financial (WLF), backed by the Trump family, announced that over 100,000 accredited U.S. investors have been added to the whitelist. During the X Spaces event, WLF founders Zachary Folkman and Chase Herro shared that the project was inspired by “the vision of Donald … Read more
Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on digital asset arbitrage trading but is accused of misleading investors. Authorities claim the company falsely asserted SEC registration and used illegal multilevel marketing tactics, posing … Read more
Former U.S. President Donald Trump has led the launch of World Liberty Financial, a new cryptocurrency venture, raising concerns about potential conflicts of interest. The project, featuring the WLFI token, allocates 20% to the founding team, including the Trump family, and 63% for public sale. Despite heavy promotion, its purpose remains unclear. A leaked draft … Read more
According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three cents,” her belief that central bank digital currencies (CBDCs) will … Read more
Traditional fiat institutions and cryptocurrency exchanges alike have been troubled by theft, slow transaction speeds and data security. For crypto holders, a lack of asset usability with existing solutions has caused widespread annoyance and kept potential adopters away. Enter Optherium, a global fintech company and member of the Linux Foundation, Hyperledger, and the Crypto Valley … Read more
A day before a landmark hearing, a day with screaming headlines about the US stock market’s historic dump, not to mention bitcoin’s 65 percent fire sale, the United States Senate released formal testimony of Chairs from the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). Heads of both entities will testify Tuesday … Read more
