Trump Family’s Crypto Project WLFI Significantly Increases Assets
World Liberty Financial (WLFI), the Trump family’s crypto project, transferred 25 million USDC to a new multi-signature wallet and purchased the following assets:
- 4,468 ETH (about $10 million)
- 110.6 WBTC (about $10 million)
- 3.42 million MOVE (about 1.5 million dollars)
- WLFI still has 3.5 million USDC in its wallet.
US CFTC Acting Chairman: CFTC and SEC Cooperate on Digital Assets
Caroline Pham, Acting Chair of the US Commodity Futures Trading Commission (CFTC), stated that they are cooperating with the US Securities and Exchange Commission (SEC) on digital assets and other issues. Pham said at the “Future of Fintech Seminar” in Washington DC that the two agencies have resumed staff-level dialogue and aim to increase joint work.
SEC Crypto Working Group Meets with Circle and WisdomTree Representatives
The US SEC Cryptocurrency Working Group met with representatives from Circle and WisdomTree to address issues related to the regulation of crypto assets. The meeting discussed how to address regulatory uncertainties and the development of the crypto market.
Argentine Prosecutors Demand Freezing of $100 Million Cryptocurrency Related to Libra Scandal
The investigation into the LIBRA scandal involving Argentine President Javier Milei is deepening. Prosecutor Eduardo Taiano demanded the freezing of nearly $100 million in crypto assets linked to the scandal and the restoration of deleted Libra token promotional tweets from Milei’s social media accounts.
Bitwise Files with SEC for Aptos ETF
Asset management firm Bitwise has filed an S-1 application with the SEC to launch an ETF tracking the price of Aptos (APT). If approved, the Aptos ETF will pave the way for institutional investors to invest in Aptos in a regulatory compliant manner.
Canary Capital Files Axelar ETF Application
Canary Capital, an investment firm focused on digital assets, has filed with the SEC to launch an ETF tracking the price of cross-chain protocol Axelar (AXL). Axelar is notable as a blockchain connectivity network integrated by major companies such as JPMorgan Chase, Microsoft, Uniswap and MetaMask.
Ethereum Foundation: Pectra Upgrade Issue on Sepolia Testnet Fixed
The Ethereum Foundation announced that the Pectra network upgrade encountered a bug on the Sepolia testnet, but the issue has been resolved. The bug caused some execution layer clients to fail to include transactions in blocks. The Ethereum mainnet was not affected.
El Salvador Continues to Buy Bitcoin Despite IMF Deal
El Salvador’s President Nayib Bukele announced that the country will continue its Bitcoin purchases despite its $1.4 billion deal with the IMF. Bukele said, “No, we are not stopping. We did not stop when the world was ostracizing us and most people abandoned us, and we will not stop now.”
by Darkex Research – 1 min read
