World Liberty Financial (WLFI), a family-run firm associated with Eric Trump, has recently made headlines by transferring significant amounts of digital assets, including Ethereum (ETH) and wrapped Bitcoin (WBTC), to Coinbase Prime. The transaction has raised eyebrows, as it involves over $300 million worth of cryptocurrencies.
World Liberty Financials has defended itself against selling crypto assets, stating its for standard treasury operations.
World Liberty Financial, a decentralised finance (DeFi) project linked to former US President Donald Trump, has moved over $307 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC) to Coinbase Prime. The transaction, one of the largest by the project to date, has drawn attention due to its timing and scale.
World Liberty Financial, a decentralized finance (DeFi) project backed by U.S. President Donald Trump, has moved a substantial portion of its cryptocurrency holdings to Coinbase Prime. Blockchain data indicates the transfer involved more than 90% of its multi-asset treasury, including large amounts of Ethereum (ETH) and Wrapped Bitcoin (WBTC), as well as positions in AAVE,
World Liberty has moved over 90% of its multi-asset treasury including its AAVE, ENA and LINK positions, onchain data shows.
According to emails shared with European users, Crypto.com will delist several prominent cryptocurrencies, including Tether's USDT, Wrapped Bitcoin (WBTC), and DAI, by January 31, 2025.
After a recent market crash triggered by the Chinese AI model Deepseek, the crypto market is slowly recovering as Bitcoin price is back to $105K with the overall crypto market seeing a rise of 2%.
Tron founder Justin Sun has declared that Wrapped Bitcoin (WBTC) has effectively become the United States' national Bitcoin reserve.
The project now holds $352 million worth of crypto tokens, Arkham shows.
World Liberty Financial's adoption of wBTC over Coinbase's cbBTC drew praise from Justin Sun, who accused the exchange of unreliable custody practices.
Tron founder Justin Sun has shared insights on Donald Trump's DeFi project – World Liberty Financial's – massive investments in Wrapped Bitcoin (WBTC) for building its Bitcoin reserves. Earlier today, the project acquired nearly $10 million worth of WBTC during the price dip.
Trump family-backed WLFI's recent $9.84 million wBTC purchase raises its total crypto holdings to $365 million. World Liberty Financial (WLFI), a crypto project tied to the Trump family, has intensified its aggressive push into digital assets.
The complaint, filed in December 2024, alleged “antitrust injury” from Coinbase over its decision to delist wrapped Bitcoin in favor of promoting its cbBTC product.
Coinbase has filed a motion to dismiss a lawsuit from BiT Global that challenges the firm's decision to delist Wrapped Bitcoin (wBTC), according to a Jan. 21 court filing. This follows the denial of BiT Global's earlier legal attempt to block the delisting through a court order.
Immediately after Trump's inauguration ceremony, World Liberty Financial spent $110 million in stablecoin to purchase various crypto.
As Donald Trump took oath as the 47th President of the U.S. on Monday, World Liberty Financial, a cryptocurrency project backed by him, announced a series of strategic purchases, including Ethereum (CRYPTO: ETH) and Wrapped Bitcoin (CRYPTO: WBTC). What Happened: In an X post, the decentralized finance platform disclosed buying several cryptocurrencies, including $47 million each in Ethereum and Wrapped Bitcoin, a converted version of Bitcoin that can be used on Ethereum's blockchain.
World Liberty Financial, the Trump-backed DeFi protocol, is swapping stablecoins for wrapped bitcoin (WBTC) and Ethereum's native token ether, onchain data shows. The project is also apparently loading up on Chainlink's LINK, Ethena's ENA and TRON's TRX tokens.
World Liberty Financial has ramped up its investment activity, spending $109.1 million across six cryptocurrencies in a single day. The fund allocated $47 million within the past hour to acquire 7,022 ETH worth $23.5 million, 174.1 WBTC for $18.8 million, and 5.037 million ENA tokens valued at $4.7 million.
The buying frenzy came after WLFI token sales picked up ahead of Donald Trump's inauguration.
A wallet believed to belong to Donald Trump's family crypto venture World Liberty Financial has been involved in a series of recent transactions according to onchain data from Arkham Intelligence.
Maker Dao, the decentralized finance (DeFi) platform known for its native token MKR, has been an essential player in the cryptocurrency ecosystem. Recently, the token experienced significant fluctuations, dipping below $2,000 after reaching an all-time high of over $6,300 in May 2021.
A significant event in the cryptocurrency market has emerged as a whale deposited a substantial $28.5 million worth of Wrapped Bitcoin (WBTC) to Binance on January 9, 2025. The sale, which involved 300 WBTC, resulted in an impressive profit of nearly $10 million for the trader.
Various DeFi protocols generated large amounts of revenue in with many established protocols making revenue figures close to their 2021 highs.
Former MakerDAO team member Sean Brennan has been appointed to lead BioDAO's AI agent business.
MakerDAO's December achievements include a record $1.67 million in single-day fees, helping push earnings to an unprecedented $40.86 million.
Amid the declining market demand for MKR tokens, the growing user base over the MakerDAO network hints at a potential recovery in 2025.
Maker's demand zone lies at the $1,440-$1,480 price levels, where 2,530 addresses purchased the token.
MakerDAO recorded an all-time high in fees and revenue this month, as per DeFiLlama. The DeFi protocol hit day-highs of $1.67 million in fees and $1.18 million in revenue on December 9.
Sky Protocol, formerly MakerDAO, achieved peak monthly fees in December. The lending protocol expanded through its Spark sub-DAO, aiming to regain its previous position among top lenders.
TL;DR Asset tokenization is revolutionizing the connection between blockchain and traditional finance. Chromia, MakerDAO, and Avalanche stand out for their innovation, addressing scalability, transparency, and efficiency in tokenization. These initiatives could redefine markets by 2025, making assets more accessible, secure, and efficient.
Maker (MKR) is drawing significant attention from investors as Ethereum (ETH) shows strong growth, setting the stage for a potential rally in MKR. Following a breakout from a long-term downtrend, MKR is positioning itself for a possible climb toward $5,000 by 2025.
This week's Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank's blockchain, USDT in Europe, FTX creditors repayment and BVNK's move to the United States.
Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin (wBTC) as the crypto king crashes below six figures.
BiT Global claims the delisting is defamatory and anti-competitive. Coinbase says it handles less than 1% of wBTC transactions, disputing market impact claims.
Maker targets $5,000 as Ethereum soars, breaking downtrends with bullish signals and strong holder confidence.
American crypto trading platform Coinbase Global Inc. has announced it has disabled trading for Wrapped Bitcoin (wBTC). The top crypto exchange noted that despite this move, the product will still become accessible to users.
Judge Martínez-Olguín ruled BiT Global failed to justify stopping Coinbase from delisting wBTC, calling claims speculative and delayed.
Several altcoins including the native token of the XRP Ledger, Solana's native token SOL, Maker's governance token MKR, and Worldcoin's WLD could soon see significant price surges over a key technical indicator that just flashed buy signals for these.
World Liberty Financial (WLFI), a Donald Trump decentralized finance project, has restructured its wrapped Bitcoin holdings. WLFI exchanged $10.4 million in Coinbase-backed cbBTC for 103.15 WBTC.
TL;DR Sky accelerates the migration from Maker to SKY as part of its rebranding to consolidate the new token and eliminate confusion. SubDAOs, referred to as “Stars,” will be introduced to provide operational flexibility and autonomy within the ecosystem.
The involvement of Justin Sun in World Liberty Financial as an advisor could have a major role in the swapping of Coinbase-backed wrapped Bitcoin to its rival.
Coinbase has successfully dismissed a lawsuit from BiT Global, linked to Justin Sun, aimed at blocking the delisting of Wrapped Bitcoin (wBTC), with the court siding with Coinbase's concerns over customer protection and asset integrity. The post Coinbase Dismisses Justin Sun-Linked BiT Global Lawsuit Over wBTC Delisting appeared first on Cryptonews.
Coinbase announced in November that it would delist WBTC on December 19, after the token became affiliated with Tron founder Justin Sun.
Wolrd Liberty Financial, the new DeFi project by Donald Trump, has sold its cbBTC tokens to purchase wBTC.
The swap took place Wednesday, the same day BiT Global lost a court case seeking to prevent Coinbase delisting WBTC.
World Liberty Financial (WLFI), the decentralized finance project backed by Donald Trump, has sparked significant attention with a recent transaction. Blockchain analytics firm Lookonchain reported that WLFI swapped its portfolio of 102.9 cbBTC, valued at $10.4 million, for 103.15 WBTC (Wrapped Bitcoin).
Sky, previously known as Maker, is fast-tracking the transition from MKR to SKY tokens as part of its ongoing rebrand, which began in August. The post Sky (Formerly Maker) Accelerates MKR to SKY Migration Post-Rebrand to Remove Confusions appeared first on Cryptonews.
A U.S. federal judge ruled against BiT Global's attempt to prevent Coinbase from delisting Wrapped Bitcoin (wBTC).