Ethereum News by Thebittimes.Com

The Trump family-adjacent decentralized finance (DeFi) project World Liberty Financial (WLFI) has proposed a stablecoin airdrop. Last month, the DeFi project announced plans to launch a new stablecoin called USD1, which it says is pegged to the US dollar and backed by short-term government treasuries, dollar deposits and cash equivalents. Now, World Liberty wants to test its on-chain airdrop feature by distributing a small amount of USD1 to all current WLFI token holders. In a new proposal, the project says the final exact amount will be based “on total eligible wallets and budget.” Explains World Liberty, “Testing the airdrop mechanism in a live setting is a necessary step to ensure smart contract functionality and readiness. This distribution also serves as a meaningful way to thank our earliest supporters and introduce them to USD1.” World Liberty notes in the fine print on its website that President Donald Trump is not an officer, dir...

President Trump’s crypto project World Liberty Financial (WLFI) has now acquired over $388 million worth of digital assets, according to on-chain data. Blockchain “de-anonymizing” platform Arkham reports that World Liberty Financial boosted its crypto holdings after making large Ethereum (ETH) and Tron (TRX) purchases late on Friday. “DONALD TRUMP’S PROJECT WORLD LIBERTY FI BUYS AND STAKES 4,700 ETH ($15 million), PURCHASES $2.65 MILLION TRX AS TRUMP PLEDGES TO DEVELOP NATIONAL DIGITAL ASSET STOCKPILE.” Source: Arkham/X The project recently joined the top 0.1% of all Ethereum stakers with its aggressive ETH accumulation spree. On the day of Trump’s inauguration, World Liberty Financial bought $47 million worth of ETH, $47 million worth of Wrapped Bitcoin (wBTC), $4.7 million worth of Aave (AAVE), $4.7 million worth of Chainlink (LINK), $4.7 million worth of Tron (TRX) and $4.7 million worth of Ethena (ENA). While accumulating ...

Donald Trump-endorsed World Liberty Financial still 32% off revised goal World Liberty Financial, the cryptocurrency project endorsed by Donald Trump, has sold approximately 1.35 billion tokens, 2% of its original goal and approximately 68% of the revised target. In the X (formerly Twitter) Spaces call where the Trump family endorsed this token, the team promised that 63 billion of the $WLFI token would be sold to the public. This amount was cut to 35 billion in the ‘Gold Paper,’ which was cut to 20 billion on the website, and to 2 billion in Securities and Exchange Commission filings. Thirty-five billion is still listed in the token sale terms and conditions, and 20 billion is still listed on the website.  Even with these incredible cuts to its target, World Liberty, which was endorsed by the sexual predator and fraudster , President-elect Trump, has yet to achieve its goal. Who is behind World Liberty Financial, Trump’s new crypto? ...

Republican presidential nominee Donald Trump is announcing a token sale for his decentralized finance (DeFi) platform World Liberty Financial (WLFI) as the election approaches. In a new thread on the social media platform X, the former president says that WLFI will hit the marketplace early this week, though no price was specified. “Token Sale goes live on Tuesday morning, October 15th! This is YOUR chance to help shape the future of finance. Be there on Monday, October 14th at 8 AM EST for an Exclusive Spaces to learn more.” In August, Trump announced the launch of his platform – at the time called “The DeFiant Ones” – as a means of helping those disenfranchised by banks. Said Trump at the time, “For too long, the average American has been squeezed by the big banks and financial elites. It’s time we take a stand – together.” In its roadmap, the project said its mission is to spread stablecoins pegged to the US dollar ...