Trump’s World Liberty Financial Token Sale Kicks Off: 644M Tokens Sold

On Tuesday, former President Donald Trump announced on X that the “World Liberty Financial token sale is now live.” He added that “crypto is the future” and urged everyone to adopt “this incredible technology.” At the moment, the price for one WLFI token stands at $0.015, and as of 8:36 p.m. Eastern Time, a total … Read more

World Liberty Financial Adds 100K Investors to Whitelist, Eyes $1.5B Valuation Post-Raise

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

Donald Trump Reveals Defi Project’s Token Launch—But Not Everyone’s Happy About It

On Saturday, former President Donald Trump announced that the World Liberty Financial (WLF) token sale will kick off on Tuesday, Oct. 15. In his post on X, Trump described it as a “chance to help shape the future of finance.” He also noted that an X Spaces discussion about the token launch will be aired … Read more

Hiro Systems Applauds SEC Decision to Close Stacks Investigation

The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Stacks, a Bitcoin scaling network, and its original developer, Hiro Systems, with no recommended enforcement actions. This investigation began in 2021 despite claims by network contributors that Stacks’ token sale was SEC-qualified. Hiro Systems praised the SEC’s decision, reaffirming its commitment to regulatory … Read more

Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase

A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating the tokens to Polaris Ventures, a … Read more

Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital

Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give these companies participation in on-chain Avalanche governance and exposure … Read more