World Liberty, Crypto Project Helmed by Donald Trump’s Family, Will Release on Sept. 16
World Liberty Finance is helmed by Trump’s sons, Eric Trump and Donald Trump Jr, and the 18-year-old Barron Trump is the project’s “DeFi visionary.”
DeFi
DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger
The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.
Osmosis Launches Cross-Chain Token Portal ‘Polaris,’ Expanding Beyond Cosmos Roots
Polaris is described as a “token portal” aimed at solving one of decentralized finance’s biggest challenges: fragmented user experience.
How Ethereum 2.0 Can Transform DeFi
The shift to proof-of-stake has raised worries about over-centralization. By reaffirming its commitment to decentralization, the blockchain can realize its goals, says James Wo, Founder & CEO of DFG.
Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist
Four team members listed in World Liberty Financial’s white paper previously worked on Dough Finance, which was drained of $2 million in July. One also founded Date Hotter Girls LLC.
DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%
Crypto users lost some $2 billion due to hacks, scams and exploits throughout 2023, one report said.
U.S. House Committee Plans for Heap of Crypto Hearings in September
The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission’s oversight of digital assets businesses and the implications of “pig butchering” scams.
Trump’s New Crypto Business to Offer Access to ‘High-Yield’ Investments, Website Says
World Liberty Financial is “the only crypto DeFi platform supported by Donald J. Trump,” according to homepage metadata.
Trump Keeps Teasing His New Crypto Project, but Details Remain Scant
The Trump family has for weeks loudly – but coyly – said they’re getting into crypto. More information might finally be coming soon.
The Protocol: The Impact of Telegram CEO’s Arrest on TON Blockchain
Blockchain analysts are reminding investors how closely the messaging app Telegram, whose just-arrested CEO Pavel Durov awaits a hearing in a French court, is intertwined with the fate of TON blockchain and its native cryptocurrency, toncoin. ALSO: What’s up with Vitalik’s DeFi diss?