Crypto News

What Is TRUMP? Donald Trump’s Official Solana Meme Coin

The U.S. President is burnishing his crypto credentials with the launch of his own Solana meme coin, Official Trump.Source link

Trump-Linked Crypto Platform Throws Over $70M on WBTC, ETH, Other Tokens Ahead of Inauguration

World Liberty Financial (WLFI), the decentralized finance platform linked to Donald Trump and his family, purchased millions of dollars of cryptocurrencies in a buying frenzy on Monday hours before Trump's inauguration ceremony.The protocol's wallet address bought over $23.5 million of wrapped bitcoin (BTC), $29 million of Ethereum's ETH, $4.4 million of AAVE and $4.5 million of Tron's TRX, blockchain data by Arkham Intelligence shows. The address also purchased $4.5 million of Ethena and $5.5 million of Chainlink's LINK in over a dozen transactions through decentralized exchange CoW.The transactions happened as sales of the protocol's governance token WLFI picked up over the past few days after a lackluster launch last October. Over 21.7 billion of tokens ($1.08 billion) have been sold...

El Salvador Adds 11 Bitcoin to Its Reserves—Despite IMF Pressure to Back Off BTC

In August, the IMF wrote in a report that many of the risks of the Bitcoin experiment “had not yet materialized.”Source link

Defi Perp Protocol Hyperliquid Hits $21B in Daily Volume, Bolstered by TRUMP and MELANIA Listings

On Jan. 20, 2025, Hyperliquid, a decentralized perpetual exchange powered by a custom-engineered, high-performance layer one (L1) blockchain, revealed it had reached a series of unprecedented milestones in trading volume. Within the past 24 hours alone, the platform reported facilitating an impressive $21 billion in volume. Hyperliquid Shatters Records: $21B in 24-Hour Trading Volume andSource link

Binance’s Tigran Gambaryan: ‘It Would Be an Honor to Serve My Country Again’

Tigran Gambaryan, the Binance executive who was kidnapped and illegally imprisoned in Nigeria for eight months, said it would be an honor to serve his country again, if asked to do so, fighting crypto crime under the new Trump administration.Gambaryan, who has been the head of financial crime compliance at Binance for the past two years, is a former federal agent and part of an elite group of early crypto tracers in the federal government, which included some high-profile investigations during Trump’s last term in office.“While I am not a political person, some of my most consequential casework occurred during the President-Elect’s previous term,” Gambaryan told Coindesk via email. “If given the opportunity, it would be an honor to serve...