Market insiders question precedent as project defends move as “user protection” World Liberty Financial (WLFI) has come under fire after freezing hundreds of wallets, including one belonging to Tron founder Justin Sun. The project insists the move was designed to protect users from phishing-related compromises, not to silence market participants. Still, the decision has stirred concern across the crypto industry: if they can freeze Sun’s wallet, who might be next? WLFI’s Defense: Protecting Users, Not Blocking Traders WLFI stated on X (formerly Twitter) that it only intervenes to protect its community: According to the project, 272 wallets were blacklisted this…
Author: Blockto Team
Analysts expect multiple Federal Reserve cuts, boosting optimism for crypto and risk assets Global banking institutions are revising their outlook for U.S. monetary policy, with consensus forming around at least two interest rate cuts in 2025. The shift follows a weaker-than-expected August jobs report and growing signs of a cooling labor market, fueling expectations that the Federal Reserve will ease rates to support growth. Banking Forecasts on Fed Cuts Bank of America, which previously expected no rate cuts in 2025, now projects two 25 basis point (BPS) reductions, scheduled for September and December. Meanwhile, Goldman Sachs economists see a more…
Stablecoin giant diversifies portfolio with $8.7 billion in physical gold and growing exposure to mining Tether, the issuer of the world’s largest stablecoin USDt, is exploring new investment opportunities across the gold industry. The company has reportedly opened discussions with mining and investment groups to deploy capital into gold mining, refining, trading, and royalty businesses, further broadening its exposure to the commodities market. Tether’s Growing Gold Holdings The stablecoin firm already holds $8.7 billion worth of physical gold, stored in a secure vault in Zurich, Switzerland. These reserves back Tether Gold (XAUT), a token pegged to the price of gold,…
Hidden malware in markdown comments could spread across entire codebases, experts warn A newly discovered exploit targeting AI coding assistants has raised cybersecurity concerns for companies like Coinbase, where artificial intelligence now writes nearly half of the exchange’s code. The so-called “CopyPasta License Attack” embeds malicious prompts in common developer files, allowing hidden instructions to propagate through entire codebases without detection. How the Exploit Works The technique, revealed by cybersecurity firm HiddenLayer, takes advantage of how AI models interpret documentation. Files like README.md and LICENSE.txt are often treated as authoritative by coding assistants. By hiding instructions in markdown comments, attackers…
Key support holds while volatility defines near-term outlook Filecoin (FIL) posted a modest 3% rise in the past session, trading around $2.31. The price rebound comes amid heightened volatility and a sharp spike in trading volume, signaling that market participants are actively positioning around crucial technical levels. The chart highlights that FIL continues to respect its green support zone near $2.15–$2.20, where buyers have consistently defended against deeper declines. This base has been critical in stabilizing the token despite ongoing bearish pressure. On the flip side, resistance remains pronounced at $2.50 and $2.90, zones that previously triggered selling interest. Until…
Analysts question cycle-based forecasts, debate whether Bitcoin’s rally can extend into 2026 Bitcoin’s price trajectory remains one of the most debated topics in the crypto market, with many traders predicting a cycle peak by the end of this year. However, some analysts argue that such expectations are not rooted in statistical evidence and may be more about market psychology than fundamentals. Questioning the Halving Cycle’s Relevance Another key argument is that the halving cycle is no longer the primary driver of Bitcoin’s price action. With the rise of institutional adoption, spot Bitcoin ETFs, and corporate treasury holdings, new factors are…
Joint venture aims to build one of the largest corporate crypto treasuries Trump Media & Technology Group (TMTG), the parent company of Truth Social, has completed an agreement with Crypto.com to establish a massive $6.4 billion treasury in Cronos (CRO), the exchange’s native token. The move deepens ties between the Trump administration and the digital asset industry while positioning the platform as a future hub for crypto rewards. Initial purchase of 684.4 million CRO As part of the first phase, Trump Media will acquire 684.4 million CRO tokens at roughly $0.153 each, totaling about $105 million. The deal will be…
Canadian blockchain firm expands US presence with Solana-focused strategy Canadian blockchain company SOL Strategies has secured approval to list its shares on the Nasdaq Global Select Market, marking a significant step in its expansion into US capital markets. Trading will commence on September 9 under the ticker symbol STKE, transitioning from the firm’s previous OTCQB listing. Nasdaq debut enhances liquidity The Nasdaq approval will allow SOL Strategies to maintain activity on the Canadian Securities Exchange (CSE) while shifting US trading to a higher-profile platform. “This listing provides our shareholders with enhanced liquidity while giving us access to deeper capital markets…
Brazil’s largest asset manager strengthens digital assets strategy Itaú Asset Management, Brazil’s largest private asset manager with more than 1 trillion reais ($185 billion) under management, has announced the launch of a dedicated crypto division. The new unit will operate within its mutual funds structure and will be led by João Marco Braga da Cunha, a former Hashdex executive. Crypto as a source of alpha The firm emphasized that digital assets offer new opportunities for portfolio diversification. “The crypto asset segment has unique characteristics for generating alpha. It’s a relatively new market that creates major opportunities due to its volatility,”…
New $530M PIPE investment strengthens Ethena ecosystem, boosts liquidity for USDe and USDtb stablecoins StablecoinX, in partnership with TLGY Acquisition, has raised an additional $530 million through a PIPE transaction, expanding total financing for its Ethena ENA treasury strategy to $890 million. The move comes as the firms prepare for a merger and future Nasdaq listing, marking a significant step in institutional adoption of Ethena’s stablecoin ecosystem. ENA reserve strengthens liquidity Following the latest financing, the combined company—soon to be rebranded as StablecoinX Inc.—will control more than 3 billion ENA tokens, positioning itself as the first dedicated treasury business for…
