Trump family holds at least 60% of WLFI shares through new holding company

According to The Block, the Trump family seems to be strengthening its control over WLFI. WLFI was announced before Trump's inauguration but is still in development.

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Trump family holds at least 60% of WLFI shares through new holding company

According to The Block, the Trump family seems to be strengthening its control over WLFI. WLFI was announced before Trump's inauguration but is still in development. According to a report released by Reuters on Monday, the Trump family further consolidated its control over World Liberty by establishing WLF Holdco LLC in January.

Among them, DT Marks DeFi LLC is an affiliate entity of Trump and some of his family members, holding 60% of the new company WLF Holdco LLC, which holds the sole member interest in WLFI and is responsible for overseeing protocol development and operating the WLFI governance platform. Although it is currently unclear who holds the remaining 40%, this adjustment seems to remove WLFI co-founders Zak Folkman and Chase Herro from being the "controlling parties" of the platform.

So far, WLFI has raised a total of $550 million by selling WLFI tokens to qualified investors in the U.S. and non-qualified investors globally. According to documents released at the project's launch, the Trump family may receive 75% of the net proceeds from this portion of sales.

zk­Lend hacker accidentally clicked phishing site, resulting in theft of 2930 ETH

According to SlowMist's Chief Information Security Officer @im23pds, the zkLend hacker (the original incident occurred in February) accidentally clicked on a phishing site while trying to use Tornado Cash, resulting in the theft of 2930 ETH by the phishing site.

Korean CEXs like Upbit and Bithumb terminate Loom Network (LOOM) trading

Korean cryptocurrency exchanges Upbit and Bithumb simultaneously announced that they will soon terminate Loom Network (LOOM) trading.

The official statement said that Loom Network (LOOM) has been removed from the members of DAXA (Korea Digital Asset Exchange Association). After a comprehensive review of the foundation's public disclosures and the authenticity and sustainability of its business, it was decided to terminate trading support because LOOM does not meet the standards for maintaining trading support.

The termination date and time for trading (buy/sell) is temporarily set for May 7, 2025 (Wednesday) at 15:00.

Binance C2C adjusts T+1 withdrawal mechanism

According to an official announcement from Binance, to better adapt to market demand, Binance C2C will adjust the T+1 withdrawal plan starting April 1, 2025: Binance will add a T+0 withdrawal limit of $1000 equivalent assets for all users on top of the existing T+1 withdrawal mechanism. If your Binance account has no assets, regardless of how much you buy on that day, you can withdraw a maximum of $1000 equivalent assets on the day of purchase, and the remaining assets can only be withdrawn 24 hours after the order completion time. If your Binance account already has assets, an additional T+0 withdrawal limit of $1000 equivalent assets will be added on top of the existing C2C T+1 withdrawal restrictions. Any trading star user who buys any amount of cryptocurrency in C2C will not be subject to T+1 withdrawal restrictions.

Backpack completes acquisition of FTX EU, initiates user fund return process today

The globally compliant cryptocurrency trading platform Backpack announced the official completion of its acquisition of FTX EU. From now on, Backpack EU has officially launched the asset reclamation program and fund distribution process, providing clear and convenient fund return services for former FTX EU users, helping them recover previously frozen fiat assets.

After the completion of this acquisition, Backpack will reactivate the licenses held by FTX EU and will provide comprehensive cryptocurrency derivatives trading services within the EU in the future.

Binance Megadrop will launch KernelDAO (KERNEL)

Binance announced that the fourth phase of the Megadrop project will be KernelDAO (KERNEL), a re-staking protocol supporting Kernel, Kelp, and Gain. The maximum supply of KERNEL is 1 billion, with Megadrop rewards of 40 million (accounting for 4% of the total supply). The initial circulation is 162.3 million (16.23%).

Analysis: The next new coin IDO in Binance Wallet is suspected to be PUMP

According to @ai_9684xtpa's monitoring, the next new coin IDO in Binance Wallet is suspected to be PUMP (PumpBTC).

The supporting evidence is as follows:

Currently, the top 3 multi-signature addresses holding PUMP on-chain, starting with 0xe