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  • Trump-linked WLF’s acquisition of $12M in Ethereum, others

    Donald Trump associates World Liberty Financial’s acquisition of $12 million in Ethereum and additional assets

    The World Liberty Financial Initiative (WLFI), a decentralized finance (DeFi) project endorsed by US President-elect Donald Trump, has garnered attention due to its recent crypto investment totaling $12 million.

    On December 12, blockchain analytics company Lookonchain disclosed that WLFI procured 2,631 ETH for $10 million at a rate of $3,801 per unit. Moreover, it acquired 41,335 LINK and 3,357 AAVE, allocating $1 million to each investment.

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    Per data from Arkham Intelligence, these acquisitions have enhanced the project’s cryptocurrency reserves to a valuation exceeding $74. 7 million. WLFI currently possesses approximately 14,576 ETH (valued at more than $57 million), 102. 9 cbBTC (appraised at $10. 3 million), as well as various other assets including USDC, in addition to its recently acquired LINK and AAVE.

    WLFI’s significant cryptocurrency investment seems to have affected market dynamics. Data from CryptoSlate indicates that both LINK and AAVE experienced price increments surpassing 25% within a 24-hour span.

    WLFI aspires to establish itself as a premier DeFi platform providing lending, borrowing, and digital asset investment services. It is also reportedly planning to launch an exclusive stablecoin and develop tools for engaging with external DeFi applications.

    The cryptocurrency community has been abuzz with conjecture regarding WLFI’s recent activities. Some theorize that the asset selections correspond with a pro-crypto policy anticipated during Trump’s administration.

    A pseudonymous crypto trader, Flow Horse, posited that WLFI may have strategically invested in tokens projected to prosper under favorable US regulatory frameworks.

    Additionally, other industry experts highlight WLFI’s emphasis on DeFi, interpreting the purchases of LINK and AAVE as an endorsement of decentralized financial technologies over speculative instruments such as memecoins.

    Zach Rynes, Chainlink’s Community Liaison, emphasized that the implementation of Chainlink Price Feeds for WLFI’s Aave V3 integration could be a key motivator behind the acquisition. He also remarked that these purchases might signify confidence in a more favorable regulatory landscape under Trump’s governance.

    Trump’s shifting perspective on cryptocurrency further bolsters this narrative. Throughout the past year, the President-elect has fervently championed the industry during his campaign and has enacted a series of pro-crypto appointments, including the selection of David Sachs as the White House Crypto Czar.

    Observers contend that these initiatives exemplify a commitment to fulfilling his promises of regulatory clarity and support for the industry.

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  • Babylon Introduces Staking Cap-3


    Babylon Labs, which creates native use-cases for Bitcoin, including Bitcoin’s preeminent staking protocol with over $2 billion in Total Value Locked (TVL), announced that the protocol will enhance its staking capacity with the initiation of Cap-3 in its mainnet phase-1. The new cap opens a 1,000 BTC block staking opportunity, building on the success of Cap-2, which garnered a TVL of 23,857 BTC ($2 billion at current valuation) in 10 BTC blocks. Cap-3 enables the Babylon protocol to maintain its stature as the most significant and largest staking solution within the Bitcoin ecosystem.

    In this fresh staking opportunity, both institutional and retail participants can engage in Bitcoin staking through industry-leading platforms. Anchorage Digital, a premier digital asset platform recognized for its institutional-grade services, will facilitate BTC staking access for Cap-3, expanding institutional participation in Babylon’s developing ecosystem. Sui, an innovative Layer-1 blockchain and smart contract platform, will also join Cap-3, inviting BTC holders to stake their BTC, thereby unlocking Bitcoin’s $1. 8 trillion USD liquidity on the Sui network. Furthermore, notable institutional wallet and custody providers have collaborated with Babylon to enhance institutional access to Bitcoin staking for Cap-3. Additional participating platforms include Binance, the first centralized exchange to provide Babylon BTC Staking through Binance Earn as part of its On-Chain Yields service, the initial Cosmos wallet enabling BTC staking, Leap Wallet, Onekey hardware wallets (Pro), Unisat, and Gate web3.

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    The Babylon Bitcoin staking protocol functions as a security marketplace, uniting Bitcoin holders supplying staking assets with Proof of Stake (PoS) chains and rollups seeking Bitcoin security. On the supply side, Bitcoin holders have contributed to Babylon’s Bitcoin staking TVL, now surpassing $2 billion, while on the demand side, PoS chains and rollups are integrating with Babylon to fulfill their security requirements. Consequently, PoS systems and rollups will be able to leverage Babylon’s scalable staking features to unlock value from the dormant, unencumbered $1+ trillion Bitcoin ecosystem.

    Fisher Yu, Chief Technology Officer of Babylon Labs, stated, “With Babylon, Bitcoin’s largest staking protocol, Bitcoin stakers and institutional providers are building on the $2 billion TVL achievement while broadening access for both institutional and retail participants. This latest phase reinforces Babylon’s role in unlocking untapped value within Bitcoin’s trillion-dollar ecosystem and propelling forward our vision to create native use-cases of Bitcoin that enhance Bitcoin’s utility and impact. “

    Nathan McCauley, Chief Executive Officer and Co-Founder of Anchorage Digital, remarked, “Protocols like Babylon are revealing new avenues for institutions to engage in the Bitcoin ecosystem. By collaborating with Babylon for their Cap-3 launch, Anchorage Digital is facilitating institutional involvement in Bitcoin staking with the safety and security that is required. We are proud to partner with crypto innovators such as Babylon as part of our commitment to simplifying institutional access to decentralized finance. “


    Jameel Khalfan, Global Head of Ecosystem at the Sui Foundation stated, “Bitcoin is here to remain, and now its functionality is available to participants on the Sui network. We are excited to collaborate with Babylon to introduce new staking innovations across Bitcoin and Sui’s robust networks. “

    Jeff Li, VP of Product at Binance remarked, “With the introduction of Babylon BTC Staking, Binance is providing users with a seamless and effective gateway to on-chain Bitcoin staking. By integrating with Babylon Protocol, we are enabling our users to engage in Bitcoin staking without difficulty, while also aiding in the expansion of the Bitcoin staking ecosystem. This partnership emphasizes our commitment to simplifying access to decentralized finance and sustainable yield solutions. “

    Jacob Phillips, Co-founder at Lombard expressed, “As Babylon’s largest liquid staking partner, we observe firsthand the growing demand from both retail and institutional participants to maximize their Bitcoin holdings. Babylon’s enhanced capacity allows more Bitcoin to enter the ecosystem as a productive asset, creating opportunities for Bitcoin holders to obtain staking rewards and engage in DeFi with LBTC, all while maintaining security. “

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  • Cardano founder reiterates plea for ‘authenticated tweets’ following social media breach

    Charles Hoskinson, the creator of the Cardano network, has reiterated his request to incorporate “authenticated tweets” on the social media platform X (previously known as Twitter).

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    This initiative was catalyzed after the official X account of the Cardano Foundation was compromised to promote fraud and disseminate misinformation over the weekend.

    On December 8, malicious individuals gained access to the Cardano Foundation’s account and employed it to announce a fictitious ADASOL token, which they claimed was a Cardano-inspired token developed on Solana for “speed and innovation. ”

    While this deceptive post was removed within an hour, the assailants followed up with another fraudulent assertion. They claimed that the Foundation had faced a lawsuit from the US Securities and Exchange Commission (SEC), resulting in an alleged suspension of all support for Cardano’s native token, ADA.

    The Cardano Foundation has since eradicated the harmful tweets but has not issued any formal statement addressing the incident.

    In response to the breach, Hoskinson indicated that the Cardano community would actively investigate the occurrence. He also suggested that federal authorities might take an interest in the matter.

    He remarked:

    “Now the engaging part begins for us. As Cardano represents a digital nation, many of our constituents are also in law enforcement. Let the wave of inquiries commence. ”

    Hoskinson further proposed revisiting the authenticated tweets feature he originally suggested in 2020. He underscored that this functionality could substantially improve security on the platform.

    Hoskinson’s concept centers on utilizing public-key cryptography to fortify identity verification. He stressed that the method would not disrupt X’s operational model but would enable users to independently verify their posts.

    The proposal encompasses requiring biometric authentication prior to content publication, such as fingerprint or facial recognition.

    Hoskinson introduced the concept to Jack Dorsey, the platform’s former CEO, following a significant hacking incident in 2020. At that time, he offered to develop the system for compensation. He has now suggested implementing it at no cost if Elon Musk endorses the initiative.

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  • Holyheld Secures Investment to Launch Blockchain Reconciliation, Remittance Record

    Holyheld’s BRRR protocol links blockchain and conventional networks for real-time transactions. Holyheld, a prominent Swiss cryptocurrency payments startup, announced today that it has obtained financing to expedite the BRRR protocol with backing from Toyota Ventures, TempleDAO, Tomahawk VC, Prismatic Capital, Zee Prime Capital, Polygon, Kosmos Ventures, Moonlanding Ventures, along with contributions from angel investors involved in notable projects such as Lido, Olympus, Dinero, Paragon, Superfluid, vfat, Inverse Finance, Daedalus, DCV, Generative Ventures, and Vamient. To address the essential infrastructure required for users to transact instantly with merchants on a global scale, Holyheld’s BRRR protocol seeks to link public blockchain networks, traditional payment systems, and card networks to establish a worldwide layer of real-time payments.

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    “This opportunity fortifies our position in the market and propels our ambition to redefine the functionality of real-time payment clearing,” stated Anton Mozgovoy, CEO of Holyheld. “With our technology focused on global stablecoin orchestration, we are well-equipped to revolutionize how users and enterprises engage in commerce today with the payments of tomorrow. ”

    The BRRR protocol powers Holyheld’s application, a frontrunner in the European market for Web3 payment applications, which provides a cash account alongside a debit card accessible to residents of 30 European nations. Users of the Holyheld app can link any self-custody wallet and utilize their cryptocurrency for everyday expenditures. This facilitates traditional consumer practices, such as swiping or tapping a credit card or mobile device for transactions, while users retain self-custody over their assets.

    “This funding represents a crucial advancement in our pursuit of enabling crypto users and fintech firms to develop innovative payment settlement and reconciliation solutions utilizing cryptocurrency,” added Dr. Anton Zagorodnikov, co-founder and CTO of Holyheld.

    The new investment will empower Holyheld to further extend the protocol to additional clients and payment networks worldwide. Holyheld has integrated over one hundred leading cryptocurrency protocols across 15 blockchain networks. The company’s BRRR has also managed over $100 million in volume since its inception in April 2023.

    “Holyheld transforms any self-custody wallet into a personal IBAN and a debit card, which allows users to experience a seamless digital wallet interaction,” remarked Chris Abshire, principal at Toyota Ventures. “We are enthusiastic about collaborating with Holyheld’s team as they develop the foremost on-chain clearing house. ”

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  • Bitcoin surpasses $100K for the first time

    Bitcoin has exceeded $100,000 for the inaugural time as a substantial rally continues, mere hours after U. S. President-elect Donald Trump selected cryptocurrency supporter Paul Atkins to lead the U. S. Securities and Exchange Commission (SEC).

    Mr. Trump stated that Mr. Atkins, the chief executive of Patomak Partners and a prior SEC commissioner, was a “proven leader for practical regulations. ”

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    In the years following his departure from the SEC, Mr. Atkins has argued against excessive market regulation.

    Mr. Trump expressed on Truth Social: “He has faith in the potential of vigorous, innovative capital markets that cater to the needs of investors, and that furnish capital to enhance our economy to the finest in the world.

    “He also acknowledges that digital assets and other innovations are essential to making America greater than ever before. ”

    Bitcoin has surged to unprecedented levels since Mr. Trump secured the election on November 5.

    The cryptocurrency has ascended significantly from $69,374 on Election Day and reached as high as $101,512 on Wednesday, just two years after plummeting below $17,000 following the collapse of crypto exchange FTX.

    The duration for which Bitcoin will remain above the esteemed $100,000 threshold is unclear. As with everything in the erratic cryptocurrency landscape, the future is impossible to foresee.

    While some are optimistic about future gains, other experts persist in cautioning about investment risks.

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  • Binary Holdings Obtains $5 Million from ABO Digital to Propel Growth

    Binary Holdings, a $16. 9 billion technology frontrunner, today declared a strategic investment of up to $5 million from ABO Digital, a digital asset investment firm offering alternative financing solutions to cryptocurrency ventures globally. This investment will enable Binary Holdings to expedite its mission of revolutionizing the worldwide digital economy. With a solid user base of 169 million across various sectors, Binary Holdings is transforming the interactions between businesses, consumers, and investors in the digital realm, aiming for one billion users by 2025. This partnership will propel the development of a decentralized open network that seamlessly integrates with Web2 infrastructure while unlocking the complete potential of Web3, empowering businesses and users to enjoy digital services such as cross-border payments, gaming, digital social interactions, and other enticing offerings.

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    Binary Holdings has established itself as a pivotal entity in decentralized connectivity, collaborating with a range of partners, including prominent telecom providers, to redefine interactions among individuals and businesses across regions. Through agreements with seven leading telecommunications companies and an expanding network of non-telecom partners, Binary Holdings is setting a new standard for global interoperability in digital commerce. At the heart of the Decentralized Open Network for Distribution and Commerce is The Binary Network, where users, businesses, and service providers can connect and engage in transactions across borders with ease.

    By utilizing BNRY, the network’s singular digital currency, The Binary Network is redefining the flow of value between participants, ensuring that payments are seamless and accessible to users worldwide. This ambitious vision of employing a singular digital currency throughout its extensive ecosystem facilitates true interoperability and cross-pollination among its varied partners in both the telecom and non-telecom domains, allowing commerce to flow in previously unimaginable ways, removing barriers between platforms and national boundaries.

    The platform’s capability to enable seamless transactions and interactions across multiple industries has already attracted the attention of some of the globe’s largest corporations. With contracts secured with seven major telecom companies, Binary Holdings is on course to achieve 1 billion users by December 2025, positioning itself as a genuine global player in the decentralized economy.

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  • Memecoin Initiative Accumulates Over $1 Million, Reveals Website Enhancement


    A New Era for Memecoins: Pepeto Announces Enhancements Preceding Beta Launch

    Pepeto has secured in excess of $1 million throughout its presale phase, garnering significant attention from the cryptocurrency community. In addition to its function as a memecoin, Pepeto intends to elevate the entire memecoin domain by introducing a bridge and trading platform to bolster liquidity, accessibility, and cooperation among tokens. With aspirations to incorporate all next-generation memecoins in the anticipated 2025 market surge, Pepeto is establishing itself as a pivotal initiative within the crypto ecosystem.

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    Website Enhancement and Initial Opportunities

    Pepeto has finalized its Q4 2024 roadmap and is now advancing towards Q1 2025 objectives. As part of its continuous development, a recent enhancement to its official website, https://pepetotoken.io, indicates preparations for a forthcoming announcement pertaining to PepetoSwap technology. With its advancing trading ecosystem and increasing interest, Pepeto is drawing early adopters prior to extensive market involvement. Currently listed at merely $0. 000000094 and possessing the same total supply as Pepe (420 trillion), Pepeto presents an opportunity for initial engagement in the dynamic memecoin arena.

    Pepeto continues to innovate, underscored by ongoing development endeavors to unveil the beta version of its bridge and exchange technology during the presale phase. The upgraded official website, https://pepetotoken.io, now features improved functionality to facilitate forthcoming utilities such as cross-chain trading and token listings, with the objective of introducing new capabilities to the memecoin sector. With presale prices escalating at each tier and staking opportunities providing additional incentives, the initiative offers early access to its developing ecosystem through the official platform.

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  • usdx. money Secures $45m New Financing at $275m Valuation

    usdx. money, a stablecoin infrastructure initiative, announced it has secured $45 million in its most recent financing round. This round values the initiative at $275 million. Participants in this round include NGC, BAI Capital, Generative Ventures, and UOB Venture Management, with a fraction of the investments occurring in the form of warrants. Its existing investors are Dragonfly Capital and Jeneration Capital.

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    usdx. money intends to construct next-generation stablecoin infrastructure, with USDX as its inaugural stablecoin offering. Following the completion of a successful funding round, usdx. money is intensifying its ecosystem initiatives to promote greater adoption of USDX, concentrating on:

    USDX liquidity: establishing USDX liquidity in prominent DEXs, such as Pancakeswap, Uniswap, Balancer, and Curve
    DeFi integration: incorporating USDX as collateral in various DeFi money market and perpetual protocols
    Innovative payout model: delivering non-correlated dollar payouts for USDX users
    Stablecoin infrastructure: enabling other stablecoin issuers to utilize the usdx. money infrastructure
    Payment rails: offering alternative payment services for the underserved demographic

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  • Privacy-Centric VPS Hosting with Crypto Payment Solutions

    Virtual private servers have transformed the manner in which individuals navigate the online environment. With the rising demand for virtualization, VPS providers must guarantee user confidentiality and safetyan endeavor that is increasingly challenging, as data breaches and intrusive third-party monitoring become more prevalent. Consequently, locating a provider that emphasizes user privacy has become an essential undertaking for VPS users.

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    Cloudzy, an international VPS provider, has committed to this goal by delivering secure, high-performance hosting while integrating decentralized cryptocurrency payment solutions. This enables users to retain authority over their data and financial transactions in a continually evolving digital landscape.

    The Function of VPS Hosting in Assisting Traders

    Freelance cryptocurrency traders who operate globally require a dependable method to connect to cryptocurrency exchanges and sustain their trades efficiently, even while they are asleep or on the move. This is where a VPS proves invaluable.

    With a Virtual Private Server (VPS), traders can access their accounts from any location with internet connectivity, functioning as a dedicated server for their trading operations. One key benefit of a VPS is its ability to provide an unwavering connection to cryptocurrency exchanges, which is particularly advantageous if their home internet is unreliable or if they are traveling. This connectivity helps them to circumvent missing crucial trading opportunities.

    Moreover, VPS servers are usually situated closer to exchange servers, resulting in expedited trade executiona vital element in the rapid-paced realm of cryptocurrency trading, where even milliseconds are significant. Traders can also configure automated trading bots on a VPS, permitting them to trade continuously based on predetermined strategies, even when they are not actively observing the market.

    The Significance of Privacy in VPS Hosting

    User privacy has evolved into an essential element for anyone navigating the digital sphere. Whether they are a startup, developer, or corporation, ensuring that sensitive information is protected is crucial. The significance of privacy in VPS hosting goes beyond merely safeguarding website data; it pertains to maintaining the integrity of user transactions, communications, and intellectual property. Providers must implement every precaution to ensure that their users’ data remains secure, particularly in light of the growing threats posed by cyberattacks, ransomware, and data breaches. VPS hosting users depend on their provider to safeguard not only their critical business data but also personal information such as customer details and payment information.

    As a digital service, users depend on online transactions to acquire VPS services. This necessitates the sharing of personal information and financial data online. A compromise of this data can result in severe financial repercussions and reputational harm. Therefore, it is imperative for VPS providers to adopt robust encryption, secure storage protocols, and various advanced security measures to assure users that their personal and payment information will remain confidential and shielded from unauthorized access.

    Decentralized Technologies and Cryptocurrency Payments
    Decentralized technologies are transforming how monetary transactions are carried out, providing improved security and confidentiality in comparison to conventional payment methods. When acquiring a VPS with cryptocurrencies, users reap the advantages of the decentralized characteristics of blockchain technology, which removes the necessity for intermediaries such as banks or payment processors. This decentralization implies that there is no central authority able to access or manage transaction information, minimizing the likelihood of financial details being disclosed to third parties or compromised during the transaction process.

    Cloudzy is entirely in tune with the decentralized movement, acknowledging the advantages that decentralized technologies offer regarding user security. By decentralizing data and removing single points of failure, Cloudzy endeavors to ensure that its clients’ information is less susceptible to attacks or exploitation. To reinforce this dedication, Cloudzy incorporates cryptocurrency payments, granting users greater control over their financial transactions. By employing crypto payment gateways such as BTCpay and Cryptomus, Cloudzy supports well-known cryptocurrencies like Bitcoin and Ethereum, delivering a tier of anonymity and convenience for those who prioritize decentralized financial instruments.

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  • Metaplanet Stock Surges 6. 5% Following $62 Million Fundraising for Bitcoin Acquisition

    Metaplanet’s stock experienced a 6. 5% increase during Thursday’s trading session after announcing a capital raise of $62 million through the issuance of Moving Strike Stock Acquisition Rights, intended for acquiring more Bitcoins. With a remarkable 102% increase over the past month, the stock has outperformed Bitcoin’s gains of 36% by threefold.

    Metaplanet Stock Excels Amid Bitcoin Acquisition

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    Today, Metaplanet of Japan disclosed the issuance of Moving Strike Stock Acquisition Rights to raise a maximum of 9. 5 billion yen (about $62 million). By implementing the “At-the-Market” strategy similar to MicroStrategy, the Japanese company successfully gathered additional funds for long-term Bitcoin accumulation. This announcement closely follows Metaplanet’s recent acquisition of 124 Bitcoins, expanding its total holdings to over 1,100 BTC within a week.

    The company plans to utilize the funds raised to procure more Bitcoins while solidifying its reputation as Asia’s pioneering Bitcoin Treasury Company. According to the company’s statement, this initiative will enhance the amount of BTC held per share, consequently elevating the value of each Metaplanet stock by representing a more substantial portion of the company’s overall Bitcoin assets.

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