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World Liberty blacklists Justin Sun’s address, freezing $3B in WLFI tokens

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Key Takeaways

  • World Liberty Financial blacklisted an address tied to Justin Sun, freezing 540M unlocked and 2.4B locked WLFI tokens.
  • The move followed transfers of 60M WLFI worth $9M to exchanges, sparking concerns over token selling.

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World Liberty Financial (WLFI) has blacklisted an address linked to Justin Sun, freezing about 540 million unlocked tokens and 2.4 billion locked, according to Zoomer News post on X.

The move was likely triggered by transfers of 60 million WLFI tokens, worth roughly $9 million at the time, sent to exchanges, according to on-chain analytics platform Arkham.

The WLFI governance token, launched September 1 with Donald Trump’s endorsement, unlocked 20% of its 100 billion supply at its TGE. Justin Sun, founder of Tron, claimed 600 million WLFI worth about $200 million at launch, accounting for 3% of the unlocked pool and making him one of the project’s largest stakeholders.

In response to concerns that his tokens were being sold, Sun denied involvement, stating his address only conducted “a few small deposit tests” and splitting, with “no buying or selling involved” and no market impact. Despite those assurances, World Liberty invoked its blacklist function, freezing Sun’s WLFI holdings, according to on-chain data.

Sun publicly committed on launch day to holding his WLFI. He said Monday he has “no plans to sell our unlocked tokens anytime soon,” citing the project’s “long-term vision” and alignment with its mission.

WLFI traded at $0.18, down 17% on the day and more than 40% below its $0.30 launch price, according to CoinGecko data.

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The Aleo Network Foundation and Req

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San Francisco, California, September 4th, 2025, Chainwire

Aleo’s privacy-first infrastructure will enable secure, private, and compliant payroll for Web2 and Web3 enterprises

The Aleo Network Foundation, the non-profit corporation that oversees the health of the ALEO Network, a privacy and compliance infrastructure that powers secure, programmable, worldwide payments, today announces a partnership with Request Finance, the crypto payroll platform with over $1B in transactions and trusted by leading accounting firms, including the likes of Deloitte and PwC. Together, they will provide Web2 and Web3 companies with access to borderless, decentralized crypto rails while upholding fintech-grade privacy.

The integration of Aleo’s privacy-first infrastructure allows Request Finance users the ability to continue executing fast, low cost transfers that hide personal information and transaction details and introduce a new layer of security to the blockchain. Users no longer have to choose between compromised security from fully transparent transactions or slow and expensive fiat rails. The addition of Aleo to Request Finance’s platform signals a shift in blockchain users’ appetite to experience added privacy and selective disclosure, while still enjoying the borderless benefits of blockchain.

In the crypto payroll context, this partnership allows companies to automate employee payments while protecting sensitive financial data and meeting compliance requirements. It addresses a critical gap in the market: a payment system that combines the transparency of blockchain with the privacy needed to shield wage-related information. Primary beneficiaries include:

  • Web2 companies paying contractors or suppliers overseas, who want to bypass costly and slow fiat rails.
  • Web3-native teams that keep most of their assets on-chain. With up to 90% of treasury funds held in crypto, a single exposed transaction can reveal significant financial details—making privacy-preserving payments essential.

After successfully piloting Aleo’s technology to facilitate private payments, a full integration rollout is now in place, expanding Aleo’s privacy-first capabilities to all teams using Request Finance’s platform.

“At Aleo, we believe privacy isn’t just a feature: it’s a requirement for bridging traditional finance and blockchain technology,” said Howard Wu, co-founder of Aleo. Thanks to our partnership with Request Finance, companies can now pay with cryptocurrency without sacrificing the privacy standards they’ve come to expect from traditional banking.”

“Aleo tackles one of the biggest challenges for businesses adopting stablecoins in their finance stack: maintaining privacy on-chain,” said Max Franke, Head of Product of Request Finance. “By integrating Aleo’s technology into Request, businesses can now handle sensitive payments, from payroll to vendor bills, with the confidence that transaction details remain private. This combination gives businesses the security and discretion they require, while keeping the process simple, familiar, and easy to use.”

Through this partnership, Request Finance has already processed $3.7M USD worth of ALEO token in just a few weeks post-integration. Request Finance has enabled Web3-native companies, as well as mainstream enterprises, to tap into on-chain payroll that mimics private payment rails with the speed and efficiency synonymous with blockchain.

About The Aleo Network

The Aleo Network is building the infrastructure for the next generation of private, decentralized applications. Using zero-knowledge cryptography, Aleo enables scalable, off-chain execution with on-chain verification — delivering privacy without compromising programmability. Developers can build powerful, secure applications without exposing user data.

As the industry continues to push toward more secure and privacy-first solutions, Aleo remains committed to making privacy a native, accessible feature for all builders on the decentralized web. For more information about Aleo and to stay updated on its latest developments, visit www.aleo.org.

About Request Finance

Request Finance is the ultimate finance platform for stablecoins, crypto, and fiat operations, powering Accounts Payable, Accounts Receivable, Accounting, Payroll, Expenses, and flexible payments for enterprises. It has processed over $1 billion in transactions, proving that demand for secure, compliant finance solutions is stronger than ever.

Contact

Aleo
[email protected]


Fed to host October conference on stablecoins, DeFi, AI, and tokenization

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Key Takeaways

  • The Federal Reserve is hosting a conference in October to discuss stablecoins, DeFi, AI, and tokenization in payments.
  • Panel discussions will focus on the convergence of traditional and decentralized finance, as well as emerging technologies impacting payment systems.

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The Federal Reserve Board will host a conference focused on payments innovation on Tuesday, October 21, exploring topics including stablecoins, decentralized finance, artificial intelligence, and tokenization, according to a Wednesday press release.

“Innovation has been a constant in payments to meet the changing needs of consumers and businesses. I look forward to examining the opportunities and challenges of new technologies,” said Governor Christopher Waller.

According to Waller, the event will serve as a forum to evaluate emerging technologies, share ideas for improving payments infrastructure, and hear from those driving innovation in the sector.

The announcement follows Waller’s remarks last month about the central bank’s interest in studying tokenization, smart contracts, and artificial intelligence to enhance payment systems.

Speaking at the 2025 Wyoming Blockchain Symposium, Waller said these technologies could streamline payment operations and strengthen private sector collaboration. He also pointed to the potential of stablecoins under the GENIUS Act and the use of AI for fraud detection and trend analysis.

The upcoming conference will include panel discussions examining the convergence of traditional and decentralized finance, emerging stablecoin use cases and business models, AI applications in payments, and the tokenization of financial products and services.

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Gold hits record high, Bitcoin tops $110K as traders raise bets on Fed cuts

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Key Takeaways

  • Gold reached a record $3,508 and Bitcoin topped $110,000 as traders expect the central bank to lower interest rates in September.
  • Crypto and gold markets surged, driven by a nearly 90% probability traders assign to an imminent Fed rate reduction.

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Gold notched a fresh high of $3,508 in Asian trading on Tuesday, while Bitcoin surpassed $110,000 amid growing bets the Federal Reserve will cut rates at its upcoming September 17 meeting.

According to the FedWatch Tool, the probability of a quarter-point reduction has climbed to nearly 90%, up from 86% yesterday and 84% last week. The odds were last at this level on August 22, after Fed Chair Jerome Powell signaled that a cut could be on the table.

Bitcoin climbed from $107,500 to $110,500, lifting other crypto assets. Ethereum reclaimed $4,400, Solana traded back above $200, and other major tokens also advanced.

Total crypto market capitalization surged to $3.9 trillion, up slightly in the last 24 hours.

Analyst MacroScope views gold’s breakout as a bullish macro signal for Bitcoin. In April, when gold surged, Bitcoin briefly pulled back from $109,000 to $75,000 before diverging from other risk assets and soaring to record highs.

The analyst sees signs of a repeat pattern, with Bitcoin possibly dipping in the short term before staging another strong rally.

“Gold is screaming to be long BTC once this BTC retracement is done,” said MacroScope in a statement. “The last time this happened was below in April. Gold had just made a huge move to the 3400-3500 area. During that same time, BTC retraced from 109k to 75k.”

“The inflection point was a positive divergence by BTC from risk assets. BTC then ran to new highs. Current timing unknown. And maybe a different inflection point. We’ll see,” the analyst added.

Investors are awaiting a series of US economic releases that could sharpen expectations of Fed policy. The focus this week is on the August jobs report, the first full read on labor conditions since July’s revisions revealed weaker job growth than initially reported.

The August inflation print, scheduled for September 11, could further confirm whether rate cuts are imminent.

Beyond the numbers, investors are also keeping an eye on the ongoing legal and political developments at the Fed, including the Senate Banking Committee hearing for Stephen Miran, Trump’s nominee to the Fed Board, and the unresolved case of Fed governor Lisa Cook.

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Bitcoin whale dumps 4,000 BTC and stacks over 837,000 ETH total

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Key Takeaways

  • A Bitcoin whale sold 4,000 BTC and accumulated 96,859 ETH, boosting its total ETH stash to over 837,000 units.
  • Ethereum has outperformed Bitcoin in the past month, with a nearly 24% price gain despite market volatility.

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A Bitcoin whale that recently made headlines for rotating its BTC stash into Ethereum has now accumulated 837,429 ETH worth roughly $3.7 billion, according to on-chain data from Lookonchain.

On Sunday, the whale, associated with wallets containing $11 billion in Bitcoin that had been dormant for seven years, sold 4,000 BTC for $435 million and acquired 96,859 ETH. The investor’s latest move extends a series of rotations from Bitcoin into Ethereum that began after the dormant wallets were reactivated.

The transaction came amid heightened market volatility. Bitcoin slid to $107,700 on Sunday evening before recovering slightly above $108,000, putting the asset on track for a 5% loss in August, according to CoinGecko data.

Ether, while not immune to crypto market pressures, has outpaced Bitcoin this month. The second-largest crypto is trading near $4,424 at press time, up nearly 24% over the past 30 days.

Lookonchain also flagged activity from another whale, Longling Capital, known for buying low and selling high. The entity resumed its Ethereum accumulation on Saturday, purchasing 7,000 ETH for about $30.6 million.

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SBI-backed game maker Gumi announces $17 million XRP purchase

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Key Takeaways

  • Gumi plans to invest $17 million in XRP between September 2025 and February 2026.
  • The dual-asset strategy includes both Bitcoin and XRP to diversify business and financial opportunities.

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Tokyo-listed game developer and publisher Gumi announced Friday its plan to purchase 2.5 billion Japanese yen (approximately $17 million) worth of XRP, expanding its digital asset holdings beyond Bitcoin.

After acquiring 1 billion yen ($6.6 million) worth of Bitcoin in early 2025, Gumi’s board of directors has approved the addition of Ripple’s native crypto asset to its balance sheet to expand its web3 and blockchain focus.

The company intends to execute the purchase between September 2025 and February 2026.

The Gumi team said the XRP decision is part of a long-term strategy to join the XRP ecosystem, which underpins international remittance and liquidity networks. The move also represents an opportunity to expand its revenue.

“XRP is a key asset to the international remittance and liquidity network strategy led by SBI Holdings. Given that SBI is our largest shareholder, XRP has extremely high strategic compatibility with the company,” as noted in a translated version of the Friday announcement.

SBI Holdings has a deep and longstanding connection with Ripple. The two entities have a joint venture called SBI Ripple Asia aimed at promoting blockchain-based payment infrastructure in Japan and across Asia.

Earlier this month, Ripple and SBI agreed to distribute Ripple’s RLUSD stablecoin in Japan, aiming to introduce a regulated and trusted stablecoin option for enterprises by early 2026.

The company said it plans to pursue a dual-asset strategy centered on Bitcoin and XRP, using Bitcoin for income and value stability while leveraging XRP’s financial utility to grow sector revenues and strengthen its blockchain business.

“In particular, the expanding real-world use of XRP in financial infrastructure such as cross-border payments and liquidity provision gives it significant importance as a medium- to long-term growth asset,” Gumi added.

The company said it will evaluate its crypto holdings at market value quarterly, with valuation gains and losses to be recorded in its income statement.

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PYTH token soars 68% after Commerce Department taps Pyth Network for GDP feeds

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Key Takeaways

  • The PYTH token price increased by 68% following the US Department of Commerce’s selection of Pyth Network to deliver official GDP data on-chain.
  • BEA macroeconomic indicators are now published across multiple blockchains, with Pyth Network and Chainlink as key providers.

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PYTH, the native token of the Pyth Network, jumped 68% to $0.2 on Thursday after the US Department of Commerce said it had chosen Pyth and Chainlink to bring official economic and financial data on-chain.

According to CoinGecko data, the token has been trading under $0.5 since early 2025, after falling from its March 2024 peak of $1.2. It remains 84% below its record high.

Pyth Network is a decentralized oracle platform that provides high-fidelity, real-time financial data to blockchain applications. The PYTH token is mainly used for governance and incentivizing participants, including data providers, who contribute and maintain data accuracy within the network.

The DOC is working with Pyth Network and Chainlink to publish US macroeconomic statistics through its Bureau of Economic Analysis (BEA) across nine blockchain networks, including Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism.

Pyth described the partnership as a historic milestone, highlighting the US government’s embrace of decentralized infrastructure and cryptographic verification for public data. The company said the initiative advances transparency, efficiency, and American leadership in the digital economy.

Chainlink’s LINK token surged more than 7% after the announcement. The rally pushed the price close to $25 at the time of writing.

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