Trump-backed WLFI token drops 12% to record lows after team defends multi-million lending position

Categories
Crypto News

World Liberty Financial’s WLFI token fell about 12% in the past 24 hours after the Trump-linked crypto venture published a thread on X defending its lending position on Dolomite, the DeFi protocol whose co-founder advises WLFI. The thread came in response to CoinDesk’s reporting that WLFI had deposited its own governance token as collateral, borrowed […]

DeFi lending platform Aave sees $27 million liquidations after wstETH price glitch

Categories
Crypto News

About $27 million was liquidated on the decentralized lending platform Aave over the last 24 hours, in what some market participants say may have been caused by a temporary pricing issue involving the token wstETH. Blockchain data flagged by risk-management firm Chaos Labs shows a spike in liquidations in the past 24 hours. Some observers […]

Gains 3% as SBI Lending and ETF Catalyst Drive Flows

Categories
Crypto News

XRP extended gains above $3.00 as institutional desks pressed bids into elevated volumes, confirming a short-term floor near $2.99. Japan’s SBI lending rollout and a pending U.S. ETF decision cycle framed the move, with resistance capping at $3.10 after heavy prints. News Background XRP climbed 3% between Oct. 2, 04:00 and Oct. 3, 03:00, rising […]