Despite a 47M token burn, investor sentiment turns bearish on WLFI The World Liberty Financial (WLFI) token, a cryptocurrency tied to the Trump family brand, has seen a steep decline of more than 40% since its launch, leaving major investors — or whales — with millions in losses. Whales face heavy liquidations Blockchain data revealed that one whale wallet, 0x432, lost over $1.6 million after closing a leveraged long position on WLFI. According to Onchain Lens, the trader had just exited an earlier position with a $915,000 profit before jumping back in — only to be wiped out. “The moral…
Author: Blockto Team
October event will cover tokenization, stablecoins, and payments innovation as political pressure mounts The US Federal Reserve has scheduled a payments innovation conference for October 21, highlighting digital assets, stablecoins, and tokenization. The announcement comes as the central bank faces mounting political and legal challenges surrounding its independence. Fed outlines agenda on tokenization and stablecoins In its notice, the Fed said the conference will explore “emerging stablecoin use cases and business models” and the “tokenization of financial products and services.” The event is positioned as part of the central bank’s ongoing effort to modernize US payment systems. Governor Christopher Waller,…
Payments innovation conference to address tokenization, DeFi integration, and AI in finance The Federal Reserve is preparing to host a payments innovation conference on October 21, placing tokenization and decentralized finance (DeFi) at the center of its agenda. The announcement comes during a record-breaking week for real-world asset (RWA) tokenization, which has surged to an all-time high of $27.8 billion in onchain value. Fed focus on tokenization and DeFi The conference will feature panel discussions on the tokenization of financial products and services, stablecoin adoption, DeFi convergence with traditional finance, and artificial intelligence in payments. Fed Governor Christopher Waller emphasized…
Lower highs signal caution, but ETF speculation fuels activity Dogecoin (DOGE) continues to defend the critical $0.214 support level, even as the price structure shows a series of lower highs on the 4-hour chart. Technical analysts point out that expanding trading volumes during declines suggest cautious sentiment, though speculation around potential ETF developments has kept trading activity elevated. The chart shows a clear pattern of lower highs forming since mid-July, with resistance zones emerging near $0.0037 and $0.0032. Price has steadily trended downward, creating pressure on the green support band around $0.0021–$0.0022. “When volume expands during downward moves, it usually…
Tom Lee reaffirms $60,000 target while company strengthens its treasury holdings BitMine Immersion Technologies, the largest corporate holder of Ether, has purchased an additional $65 million worth of ETH, marking its first acquisition for September. The move highlights the growing wave of institutional accumulation as Ethereum reserves on centralized exchanges hit a three-year low. Blockchain analytics platform Arkham Intelligence reported that BitMine completed the transactions through Galaxy Digital’s over-the-counter desk, with six separate buys executed on Thursday. A company representative confirmed that the purchase was made without leverage: “All ETH is spot purchases with cash.” With this latest acquisition, BitMine…
Institutional momentum builds as companies increase Ether holdings amid market optimism Ethereum-focused advocacy firm Etherealize has raised $40 million to accelerate institutional adoption of the blockchain, coinciding with a surge of public companies adding over $1.2 billion worth of Ether to their treasuries this week. The funding round was led by venture firms Electric Capital and Paradigm, with backing from the Ethereum Foundation and co-founder Vitalik Buterin. Etherealize, founded earlier this year, aims to educate Wall Street on the Ethereum network and develop financial tools that make large-scale adoption possible. “Over the past decade, Ethereum has gone from an experiment…
Researchers warn of new technique bypassing traditional security scans Cybersecurity researchers have uncovered a novel method of hiding malware inside Ethereum smart contracts, marking a new chapter in the evolution of software supply chain attacks. Experts at digital asset compliance firm ReversingLabs identified two malicious Node Package Manager (NPM) libraries — colortoolsv2 and mimelib2 — that used Ethereum contracts to conceal dangerous URLs. Published in July, the packages posed as legitimate JavaScript tools while secretly functioning as malware loaders. “These packages employed a novel and creative technique for loading malware on compromised devices — smart contracts for the Ethereum blockchain,”…
Technical structure suggests consolidation before next major move The Binance Coin (BNB) price is consolidating around the $845–$850 range after a sharp rally in recent weeks. Technical charts highlight critical support and resistance levels that traders are watching closely as the market decides its next direction. BNB has established a strong support band near $830–$845, a level that has repeatedly attracted buying interest. Below this, secondary support sits in the $740–$750 region, while a deeper pullback could revisit the $680–$690 zone, where previous consolidation occurred. On the higher side, the $875–$890 area has emerged as a key resistance zone. This…
CEO Brian Armstrong says AI boosts productivity, not job cuts Over 40% of Coinbase’s software code is now generated by artificial intelligence, a figure that has more than doubled since April. CEO Brian Armstrong believes the percentage could climb to 50% as soon as next month. “Obviously it needs to be reviewed and understood, and not all areas of the business can use AI-generated code. But we should be using it responsibly as much as we possibly can,” Armstrong said in a post on X. From experimentation to adoption Coinbase engineers are increasingly turning to AI-powered tools such as Copilot,…
Technical setup suggests bullish continuation if support holds The Solana (SOL) price is testing a critical resistance zone around $210, with technical indicators pointing toward a possible continuation of its bullish momentum. After a steady climb from July lows, SOL is now consolidating at a key level that traders are closely monitoring for signs of the next breakout. On the daily chart, Solana has been respecting a rising trendline since July, bouncing off higher lows and showing consistent buying interest. The $180 region has emerged as a strong support zone, providing a base for the recent upward push. “The resilience…
