Trump-linked WLFI burns $1.43M worth of tokens after $1M buyback
Trump-backed WLFI has burned $1.43 million in tokens after a $1.06 million buyback funded by DeFi fees, with another 3.06 million tokens remain unburned.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Trump-backed WLFI has burned $1.43 million in tokens after a $1.06 million buyback funded by DeFi fees, with another 3.06 million tokens remain unburned.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Crypto longs worth $570 million wiped out as Clarity Act fails
Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses...
Malicious Uniswap v4 hooks are baiting DeFi traders with fake swap quotes
Liquidity aggregator 0x said on Sept. 14 that it had seen an alarming increase in malicious Uniswap v4 hooks over recent weeks, de...
A $100 million launch balance doesn’t mean a crypto ETF has real investors
A crypto ETF can arrive with substantial assets before public trading reveals much about outside investor demand. That makes a ris...
Balancer Proposes $9M Treasury Wind-Down After V3 Fails to Restore DeFi Revenue Growth
Key Takeaways: Marcus Hardt, CEO of Balancer, suggested an orderly winddown given the lack of revenue generation from the restruct...
A DeFi giant that once held $3 billion is now proposing to wind itself down
DeFi platform Balancer is proposing an orderly shutdown after a cost-cutting overhaul failed to revive revenue following last year...
Celsius sues BitMEX for $495 million just 11 days before exchange shutdown
Celsius Network’s bankruptcy estate has sued BitMEX over a 2020 liquidation cascade it says cost more than 6,360 Bitcoin. The comp...