Author: Yeek.io

World Liberty Financial, a decentralized finance (DeFi) project backed by the Trump family, has completed its second public token sale, raising $250 million from investors.WLFI launched on Sept. 16, 2024, with the goal of promoting DeFi and stablecoins pegged to the US dollar. The project is endorsed by President Donald Trump and his sons — Eric, Donald Jr. and Barron — who have positioned it as a step toward financial innovation and a shift away from traditional banking.The company has now raised about $550 million by selling 25% of the crypto asset’s total supply. Its first token sale, which opened…

Donald Trump-supported protocol World Liberty Financial has raised $550 million in its token sale, pushing its total funding close to $600 million so far. World Liberty Financial, a decentralized finance project directly tied to the Trump family, has secured $550 million by selling its WLFI tokens, data from ICO Drops shows. With the latest funding round, the project’s valuation is thought to be over $1.5 billion, with earlier reports hinting that World Liberty Financial was aiming to raise $300 million to hit that mark. So far, the project has raised $590 million since November 2024, when it first got $30…

PENGU, the Pudgy Penguins crypto has soared more than 10% after it was listed on Robinhood trading services. According to data from crypto.news, PENGU (PENGU) has gone up as high as $0.0065757, finally bouncing back from falling to its latest all-time high low just three days prior. The leap in prices follows its listing on the Robinhood trading app on March 13. In the past 24 hours, PENGU has gone up by 10.4%. It is currently trading hands at $0.0064. In the past month, the Pudgy Penguins crypto has gone down by more than 33%, hitting its all-time low of…

Over the last 24 hours, the price of Hbar has been attempting to hold above $0.2; however, it faced bearish pressure and declined. As a result, the price of Hbar recorded a drop of nearly 4.5%, touching the low around $0.19. Additionally, Hedera’s trading volume has dropped 20.6% in the last 24 hours, reaching $493 million. Looking at a longer timeline, Hedera’s price dropped below $0.39 on December 3 and has been decreasing since then. On February 3, the price of HBAR crashed heavily as it dropped below $0.2. Additionally, the recent hack in Bybit pushed the price toward $0.2.…

Bitcoin (BTC) speculators have secured losses of over $100 million in just six weeks thanks to panic selling, new research calculates.Data from onchain analytics platform CryptoQuant reveals the true extent of recent capitulation by short-term holders (STHs).Bitcoin speculators run to the exit “in the red”Bitcoin entities hodling coins between one and three months bore the brunt of a brutal bull market drawdown — and many did not stay the course.CryptoQuant suggests that this section of the overall STH investor cohort, defined as those buying up to six months ago, is around $100 million out of pocket.“This represents a significant reduction…

Bitcoin options make up most of the expiring contracts, totaling $2.88 billion, while Ethereum options account for $417 million. According to Deribit data, 35,176 Bitcoin options will expire, compared to 29,005 last week. The put-to-call ratio stands at 0.74, with a max pain point of $86,000. This suggests a generally bullish outlook despite Bitcoin’s recent pullback from $90,000.For Ethereum, 220,301 options are set to expire, slightly down from last week’s 223,395. With a put-to-call ratio of 0.69 and a max pain point of $2,100, ETH’s price could also see some movement.Since the contracts expire at 8:00 UTC, Bitcoin and Ethereum…

ZKsync has confirmed on ZKsync Ignite’ X account of pausing this program, which made a pump for this ecosystem at the beginning of 2025. This move has raised several questions from the community about the ecosystem’s activities and effectiveness. ZKsync Ignite Program Newest UpdateYesterday, March 13, after many rumors, ZKsync Ignite announced the newest updates about the pause of ZKsync Ignite program on its X account. ZKsync Ignite Program Update 📣After careful consideration, the DeFi Steering Committee (DSC) has decided to not renew Ignite for Season 2 and will be sunsetting the program starting March 17th, 2025 by turning off rewards for…

Homepage > News > Tech > China’s quantum leap: Unraveling the Zuchongzhi 3.0 This post is a guest contribution by George Siosi Samuels, managing director at Faiā. See how Faiā is committed to staying at the forefront of technological advancements here. China just pulled ahead in the quantum computing race, and the world is taking notice. The Zuchongzhi 3.0 quantum processor, developed by the University of Science and Technology of China (USTC), has reportedly outperformed classical supercomputers by a factor of one quadrillion in certain tasks. This isn’t just about raw processing power—it’s about how quantum advancements will reshape artificial intelligence (AI),…

Industry voices warned that politically endorsed cryptocurrencies must adopt stronger investor protections and liquidity safeguards to prevent another major market collapse.Investor sentiment remains shaken after the Libra (LIBRA) token, which was endorsed by Argentine President Javier Milei, suffered a $4 billion market cap wipeout due to insider cash-outs.According to blockchain analytics firm DWF Labs, at least eight insider wallets withdrew $107 million in liquidity, triggering the massive collapse.Source: Kobeissi LetterTo avoid a similar meltdown, tokens with presidential endorsements will need more robust safety and economic mechanisms, such as liquidity locking or making the tokens in the liquidity pool non-sellable for…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. R0ARchain makes smart contract migration seamless, offering developers lower fees, faster speeds, and a thriving DeFi ecosystem. The R0AR team and community aim to develop one of the most developer-friendly Layer-2 Ethereum scaling solutions. The R0ARchain is designed to make building and deploying smart contracts as simple and cost-effective as possible.  One of the main ways the decentralized finance project is building its developer base is by encouraging developers to migrate their smart contracts from Ethereum onto the R0ARchain.…