Republican presidential candidate Donald Trump’s plans to launch World Liberty Financial later today could deepen divides among lawmakers in Washington and thwart legislative efforts, investment bank TD Cowen said in a note on Monday. Trump, who is slated to announce the official launch of the crypto project at 8 p.m. …
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Crypto Project World Liberty Financial, Promoted by Trump Family, Confirms Plan for Token
by Sam Reynoldsby Sam ReynoldsWorld Liberty Financial (WLFI), a crypto project the Trump family has endorsed, will be launching a governance token. The token will be non-transferable offered only to accredited investors under an SEC Regulation D exemption as the team cited regulatory uncertainty in the U.S. Team members behind the World Liberty Financial …
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DeFi protocol Delta Prime suffers $6 million exploit after admin lost control of private key
by Daniel Kuhnby Daniel KuhnDeFi platform Delta Prime has been hit with a $6 million after an administrator’s private key was leaked, Chaofan Shou, founder of security firm Fuzzland, told The Block. The attack occurred on Arbitrum, the largest Ethereum Layer 2. “A hacker gained control of 0xx40e4ff9e018462ce71fa34abdfa27b8c5e2b1afb, which is the admin of proxies. …
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The Daily: Bitcoin and ether dip amid second Trump assassination attempt, Fed may cut rates by 50 bps this week and more
by James Huntby James HuntI hope you had a good weekend, folks. In today’s Daily, bitcoin and ether dip amid reports of a second assassination attempt on Donald Trump, the Fed may now cut interest rates by 50 basis points, former Celsius CEO Alex Mashinsky seeks to avoid a 115-year prison sentence and more. …
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With LINK’s price already showing signs of resilience, this trend might set the stage for further upward momentum, making it a key cryptocurrency to watch in the coming days. Chainlink Tokens See Massive Exodus According to Glassnode, Chainlink saw a brief surge in tokens sent to exchanges between September 5 …
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Stablecoin issuers freeze $5 million worth of stablecoins tied to Lazarus Group by ZachXBT
by Zack Abramsby Zack AbramsCrypto’s most infamous hacking group has lost access to nearly $5 million worth of stablecoins stored in two wallets after stablecoin issuers freezed the funds, which were identified and traced in an investigation led by blockchain sleuth ZachXBT. In his initial investigation, which was aided by employees from Metamask, Binance, …
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Bernstein says DeFi yields are set for a comeback amid likely US rate cuts
by James Huntby James HuntWith U.S. Federal Reserve rate cuts on the horizon and the potential for a 25 or 50 basis point cut on Wednesday, decentralized finance yields are set for a comeback, according to analysts at research and brokerage firm Bernstein. “With a rate cut likely around the corner, DeFi yields look …
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With a growing bearish bias toward the tenth-largest cryptocurrency by market capitalization, its technical setup suggests that TRX is poised to extend this decline. Tron Derivatives Traders Look Away The drop in TRX’s derivatives market activity signals a clear decline in demand for the altcoin. Its Open Interest, which measures …
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Crypto markets have much to anticipate this week, with a key moment on Wednesday as the Federal Open Market Committee (FOMC) decides the scale of September’s interest rate cuts. Bitcoin (BTC) led crypto inflows last week, bringing in up to $436 million and reversing the negative flows from the week …
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The number of daily addresses sending BTC to exchanges has hit a multi-year low, a trend that coincides with the market’s anticipation of the Federal Reserve’s decision at its September 18 meeting. Bitcoin Traders Hold Onto Their Coins On-chain data shows a decline in BTC’s Exchange Depositing Addresses, which track …