World Liberty Financial Cites ‘Coordinated Attack’ — But Are There Deeper Iss...
World Liberty Financial (WLFI), the decentralized finance (DeFi) venture associated with President Donald Trump and his sons, said early Monday that it had been targeted in what it described as a “coordinated attack” involving its stablecoin, USD1. According to CoinGecko data, USD1 — which carries a market capitalization of nearly $4.8 billion — briefly lost its dollar peg before recovering to $1. The temporary dislocation drew immediate attention across crypto markets, particularly given the project’s political ties and growing profile within the digital asset sector. World Liberty....
Related News
A stablecoin launched by Donald Trump’s World Liberty Financial (WLFI) venture is being utilized by an Abu Dhabi investment firm for a substantial $2 billion investment in the crypto exchange Binance. This announcement was made by one of the co-founders of World Liberty during a crypto conference in Dubai. World Liberty Financial USD1 Emerges As […]
The Trump family’s decentralized finance (DeFi) platform, World Liberty Financial (WLFI), is poised to introduce two new products aimed at investors, capitalizing on the fast-growing sector of tokenization and a new debit card solution. World Liberty Financial To Launch Debit Card Pilot Program During a presentation at the Token 2049 conference in Singapore, World Liberty […]
The Bitcoin Foundation has asked the Financial Crimes Enforcement Network (FinCEN) to make sure its rule against Liberty Reserve doesn't suggest all virtual currency transactions are inherently suspect. The foundation has written a letter to FinCEN in response to its proposed rule on the 'Imposition of Special Measure Against Liberty Reserve S. A. as a Financial Institution of Primary Money Laundering Concern'. In the rule, FinCEN states that "Liberty Reserve's system is structured so as to facilitate money laundering and other criminal activity," and cites the anonymity of the system and....
The cryptocurrency world just got a major shake-up as World Liberty Financial ($WLFI), a project backed by Donald Trump, successfully wrapped up its token sale, raising a staggering $590M. This massive raise is a strong signal that institutional and retail investors are still eager to pour money into blockchain projects with strong narratives. At the […]
US President Donald Trump’s World Liberty Financial has embarked on yet another crypto buying spree. Yesterday it acquired $10M in $ETH, $10M in $WBTC, and $1.5M in $MOVE. As a project still in presale, $WLFI is making big waves. Could some of the best crypto presales follow suit? Trump Buys Move the Market When Trump goes large, the crypto market tends to sit up and take note. Remember when World Liberty Financial bought $47M of $BTC and $47M of $ETH on 20 January in celebration of the president’s inauguration? That same day, Bitcoin reached its all-time high – $109,114.88. The past 24....