WLFI Appoints New Chief Business Officer
World Liberty Financial (WLFI), the DeFi project associated with the Trump family, has appointed Ryan Ballantyne as its chief business officer, according to The Block.
Ballantyne previously led corporate client strategy at Coinbase Institutional. In his new role, he is expected to oversee WLFI’s global business strategy and partnerships as the project expands its operations.
This is not any financial advice.
World Liberty Financial (WLFI), the DeFi project associated with the Trump family, has appointed Ryan Ballantyne as its chief business officer, according to The Block.
Ballantyne previously led corporate client strategy at Coinbase Institutional. In his new role, he is expected to oversee WLFI’s global business strategy and partnerships as the project expands its operations.
This is not any financial advice.
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Harmony Proposes Blockchain Rollback After Forged Mint Incident
Harmony has proposed rolling back its blockchain to two Aug. 11 checkpoints following an incident involving a forged mint of ONE tokens.
The recovery plan would discard more than 109,000 regular transactions and restart the network using replacement databases built from checkpoints recorded before the incident.
According to Harmony’s latest update, validators would retain specific shard checkpoints from 11:25:37 p.m. UTC on Aug. 11 as part of the recovery process.
This is not financial advice.
Harmony has proposed rolling back its blockchain to two Aug. 11 checkpoints following an incident involving a forged mint of ONE tokens.
The recovery plan would discard more than 109,000 regular transactions and restart the network using replacement databases built from checkpoints recorded before the incident.
According to Harmony’s latest update, validators would retain specific shard checkpoints from 11:25:37 p.m. UTC on Aug. 11 as part of the recovery process.
This is not financial advice.
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Solana Holds Above $75 as ETF Inflows Continue
Solana ($SOL) is trading above $75 after declining 2.18% last week, with the price finding support near an ascending trendline.
Continued inflows into spot Solana ETFs suggest that institutional interest remains active, while traders watch whether the support level can hold.
This is not financial advice.
Solana ($SOL) is trading above $75 after declining 2.18% last week, with the price finding support near an ascending trendline.
Continued inflows into spot Solana ETFs suggest that institutional interest remains active, while traders watch whether the support level can hold.
This is not financial advice.
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China Expands Digital Yuan Network
The People’s Bank of China has added eight commercial banks to its digital yuan operating network, bringing the total number of e-CNY service operators to 30.
The move expands access to China’s state-backed digital currency and highlights the continued development of its digital payment infrastructure.
This is not financial advice.
The People’s Bank of China has added eight commercial banks to its digital yuan operating network, bringing the total number of e-CNY service operators to 30.
The move expands access to China’s state-backed digital currency and highlights the continued development of its digital payment infrastructure.
This is not financial advice.
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Vitalik Highlights Utreexo in Ethereum Scaling Discussion
Ethereum co-founder Vitalik Buterin praised Bitcoin developers on Aug. 16 for their work on Utreexo.
He also outlined a possible Ethereum scaling direction that could combine UTXO-style state, traditional dynamic state, and hybrid models between the two.
The discussion highlights ongoing efforts to explore more efficient blockchain state management and scalability.
This is not financial advice.
Ethereum co-founder Vitalik Buterin praised Bitcoin developers on Aug. 16 for their work on Utreexo.
He also outlined a possible Ethereum scaling direction that could combine UTXO-style state, traditional dynamic state, and hybrid models between the two.
The discussion highlights ongoing efforts to explore more efficient blockchain state management and scalability.
This is not financial advice.
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Bitcoin Starts the Week With Limited Momentum
Bitcoin traded around $63,460 during Asian hours on Monday, Aug. 17, gaining 0.7% over 24 hours while remaining 2.3% lower over the past seven days.
Bitcoin’s market capitalization was near $1.27 trillion as the broader crypto market entered another week with relatively limited momentum.
This is not financial advice.
Bitcoin traded around $63,460 during Asian hours on Monday, Aug. 17, gaining 0.7% over 24 hours while remaining 2.3% lower over the past seven days.
Bitcoin’s market capitalization was near $1.27 trillion as the broader crypto market entered another week with relatively limited momentum.
This is not financial advice.
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Capital B Expands Bitcoin Treasury
Capital B has purchased another five Bitcoin for €280,000, bringing its strategic Bitcoin treasury to 3,145 BTC.
The latest acquisition was made at an average price of €55,882 per BTC. The company now reports a total acquisition cost of €284.2 million, averaging €90,352 per BTC.
Capital B continues to use equity issuance as part of its Bitcoin accumulation strategy.
This is not financial advice.
Capital B has purchased another five Bitcoin for €280,000, bringing its strategic Bitcoin treasury to 3,145 BTC.
The latest acquisition was made at an average price of €55,882 per BTC. The company now reports a total acquisition cost of €284.2 million, averaging €90,352 per BTC.
Capital B continues to use equity issuance as part of its Bitcoin accumulation strategy.
This is not financial advice.
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Canary Capital Files for Spot TRX ETF
Canary Capital has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed spot $TRX exchange-traded fund (ETF).
The fund is expected to trade under the ticker TRXS and aims to provide direct exposure to Tron’s native cryptocurrency, $TRX, rather than using futures contracts.
The filing marks another step toward expanding regulated investment products linked to digital assets.
This is not financial advice. Cryptocurrency investments involve risk.
Canary Capital has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed spot $TRX exchange-traded fund (ETF).
The fund is expected to trade under the ticker TRXS and aims to provide direct exposure to Tron’s native cryptocurrency, $TRX, rather than using futures contracts.
The filing marks another step toward expanding regulated investment products linked to digital assets.
This is not financial advice. Cryptocurrency investments involve risk.
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Ethereum Records Major Daily Rally
Ethereum surged 17.9% in a single day, marking one of its largest daily gains since 2018 and putting the market at an important decision point.
Real Vision crypto market analyst Jamie Coutts said the move ranks as Ethereum’s eighth-largest daily gain since 2018. However, past performance patterns do not provide a clear signal about what could happen next.
The rally has renewed attention around Ethereum’s momentum while leaving the short-term direction uncertain.
This is not financial advice.
Ethereum surged 17.9% in a single day, marking one of its largest daily gains since 2018 and putting the market at an important decision point.
Real Vision crypto market analyst Jamie Coutts said the move ranks as Ethereum’s eighth-largest daily gain since 2018. However, past performance patterns do not provide a clear signal about what could happen next.
The rally has renewed attention around Ethereum’s momentum while leaving the short-term direction uncertain.
This is not financial advice.
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Sui Advances AI Agent Transactions
Sui, a high-throughput Layer-1 blockchain, has introduced a new approach to atomic transactions designed for AI agents. Demonstrated at its Basecamp event, Sui’s programmable transaction blocks (PTBs) can combine multiple operations into a single transaction flow.
The technology could help AI-driven applications execute complex tasks more efficiently, potentially reducing transaction overhead and improving operational efficiency.
This is not any financial advice.
Sui, a high-throughput Layer-1 blockchain, has introduced a new approach to atomic transactions designed for AI agents. Demonstrated at its Basecamp event, Sui’s programmable transaction blocks (PTBs) can combine multiple operations into a single transaction flow.
The technology could help AI-driven applications execute complex tasks more efficiently, potentially reducing transaction overhead and improving operational efficiency.
This is not any financial advice.
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South Korea Advances Digital Asset Legislation 🇰🇷🔗
South Korea’s Financial Services Commission (FSC) is reportedly preparing to submit a government proposal for the Basic Digital Asset Act in early September.
The bill, sponsored by ruling Democratic Party lawmaker Yoo Dong-soo, aims to establish clearer rules for the virtual-asset sector, including a uniform ownership limit for major shareholders of crypto exchanges.
The proposal could mark another step toward a more structured regulatory framework for digital assets in South Korea.
This is not financial advice.
South Korea’s Financial Services Commission (FSC) is reportedly preparing to submit a government proposal for the Basic Digital Asset Act in early September.
The bill, sponsored by ruling Democratic Party lawmaker Yoo Dong-soo, aims to establish clearer rules for the virtual-asset sector, including a uniform ownership limit for major shareholders of crypto exchanges.
The proposal could mark another step toward a more structured regulatory framework for digital assets in South Korea.
This is not financial advice.
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