T3 Financial Crime Unit, a crypto task force said it froze $300 million in tainted funds in its first year of operation, earning praise from international law enforcement and showing the stablecoin industry is capable of policing itself. Formed in late 2024 by stablecoin issuer Tether, the Tron blockchain and TRM Labs, a blockchain intelligence […]
World Liberty Financial (WLFI), the crypto protocol linked to Donald Trump and his family, on Thursday blacklisted Tron founder and key investor Justin Sun’s blockchain address, impeding him from transfering WLFI tokens. The move affects 595 million unlocked WLFI tokens held on the address, worth roughly $107 million at current prices, according to Arkham data. […]
South Korea’s largest financial groups are set to meet officials from Tether and Circle Internet (CRCL), issuers of the two largest stablecoins, as early as this week, according to Yonhap. In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank will discuss potential partnerships on distributing and transacting with dollar-pegged stablecoins in the […]
World Liberty Financial (WLFI), the Donald Trump-backed crypto project, has closed its token sale after raising approximately $590 million. (World Liberty Financial) The project’s raise of $590 million would put it in the top-10 list of token raises, according to data curated by ICODrops. To date, the largest token sale is EOS, which raised $4.21 […]
The native token of Sui (SUI) surged on Thursday on news that Trump-affiliated decentralized finance protocol World Liberty Financial (WLFI) stroke a “strategic reserve deal” with the layer-1 blockchain project. The agreement includes WLFI adding Sui assets to its crypto holdings, the announcement said. The two projects will also explore “product development opportunities.” SUI jumped […]