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The Latest Breaking News from DeFi

WLFI Co-founder's X Account Exploited To Promote Fake Barron Trump Memecoin; Losses Reported

Zach Witkoff's X account was hacked Wednesday and used by the exploiters to promote a fake Barron Trump token – some crypto users claimed they lost thousands due to the fake meme coin.

International Business Times

'Macro Strategy': Trump Family's Crypto Project Unveils Strategic Token Reserve To Bolster Industry Growth

World Liberty Financial has announced a new crypto investment initiative, hinting that it will include Bitcoin, Ethereum, and other leading cryptocurrencies to "bolster" the industry's growth.

International Business Times

Decentralized finance platform Legend raises $15 million from a16z and Coinbase

Former Compound CEO is launching a DeFi platform to help investors trade, borrow, and earn crypto.

Fortune

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Eric Trump Hints WLFI May Buy Bitcoin As Standard Chartered Projects $500K $BTC By 2028

Days after experiencing criticism from Bitcoiners for promoting Ethereum, Eric Trump has finally set his sights on Bitcoin, saying it's a great time to stack up on the world's top cryptocurrency, even hinting that WLFI may hold $BTC.

International Business Times

Eric Trump Pumps Ethereum, Draws Flak From Bitcoin Maxis As WLFI Moves Millions In $ETH

Eric Trump promoted Ethereum on X Monday, drawing criticism from prominent Bitcoin maximalists hours after World Liberty Financial, the DeFi project that the Trump family is closely involved in, moved over $100 million worth of $ETH to Coinbase.

International Business Times

The next phase of DeFi: Fintechs and exchanges will take the lead

Platforms like Robinhood and Coinbase can help the design problems that are DeFi's biggest weakness.

Fortune

How Decentralized Finance Is Reshaping Investment

Four central innovations usher in this transformation.

Kiplinger

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$ONDO: The Altcoin Trump-Backed World Liberty Financial Is Betting Big On

World Liberty Financial, the DeFi project backed by U.S. President-elect Donald Trump, has gone big on $ONDO, the native token of a DeFi primitive known of its peer-to-pool interaction features and tokenized U.S. Treasuries.

International Business Times

Chainlink’s cryptocurrency LINK is up 11% this week as investors anticipate a DeFi renaissance

LINK hit $30.68 on Friday, reaching its highest price in almost three years.

Fortune

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

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

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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

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.

The Independent UK

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

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International Business Times

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

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.

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