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1Dogecoin May Face Breakout or Pullback After Volume Spike, Market Cap Rises to $31.7B2World Liberty Financial (WLFI) Undertakes Token Burn as Possible Measure to Curb Post-Launch Price Decline3Yunfeng Financial, Linked to Jack Ma, Acquires 10,000 ETH and May Bolster Institutional Support for Ethereum in Hong Kong
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Flash
- 01:13American entrepreneur Grant Cardone lists Miami mansion for sale with 400 bitcoins and completes the transaction within 72 hoursAccording to news on September 4, American entrepreneur Grant Cardone recently listed his mansion in Miami's Golden Beach for sale at a price of 400 bitcoin (approximately $43 million). The property was sold within 72 hours after being listed.
- 00:47WLFI: Unlocked WLFI tokens in the treasury are subject to community governance, not decided by the team aloneJinse Finance reported, according to the official announcement, that the Trump family crypto project World Liberty Financial (WLFI) has clarified the previous transaction of "47 million WLFI from the treasury wallet being burned": "There are some misunderstandings regarding the WLFI tokens unlocked in the Safe. WLFI has no plans to sell these tokens on the open market. The allocation of these tokens will be determined solely by community governance voting, and their usage will be decided by the community. The status of the treasury tokens is as follows: 1. The initial amount was 10 billion WLFI; 2. 47 million WLFI were burned yesterday (governance decision); 3. The current balance is 9.953 billion WLFI. All these tokens are subject to community governance and are not decided by the team alone."
- 00:34ECB President Calls for Addressing Risks of Non-EU StablecoinsChainCatcher News, according to market sources, European Central Bank (ECB) President Christine Lagarde has called on policymakers to fill regulatory gaps regarding stablecoins, especially those issued outside the EU's “robust” crypto asset market regulation framework (MiCA). In her prepared remarks for the ninth annual meeting of the European Systemic Risk Board on Wednesday, Lagarde stated that EU legislators should take appropriate measures for situations where entities regulated by MiCA jointly issue stablecoins with non-EU entities. Unless there is a “robust and equivalent regulatory regime” in the issuing jurisdiction—including allowing EU investors to “always redeem their stablecoins at face value” and requiring issuers to fully back the issued stablecoins with reserves—such stablecoin issuers should not be allowed to operate in the EU. Lagarde said: “In the event of a run, investors will naturally tend to redeem in the jurisdiction with the strongest safeguards, which is likely to be the EU, since MiCA also prohibits redemption fees. But the reserves held in the EU may not be sufficient to meet such concentrated redemption demands.”