Trump-Backed Crypto Project WLFI Closes Token Sale After Raising $590 Million

World Liberty Financial Initiative (WLFI), the cryptocurrency project backed by US President Donald Trump, has concluded its token sale. During the process, it amassed approximately $590 million. This places WLFI among the top 10 largest token raises in history, as per data from ICODrops. WLFI Token Sale Unlike traditional cryptocurrencies that can be freely traded, WLFI…

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White House reveals David Sacks sold $200M in Bitcoin, Ether, and other digital assets before new role

Key Takeaways David Sacks sold over $200 million in digital assets including Bitcoin and Ethereum before his White House role. Sacks maintains limited exposure to the crypto industry through Craft Ventures’ venture capital funds. Share this article The White House disclosed that David Sacks, Trump’s AI and crypto czar, and his venture firm Craft Ventures…

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South Korea Confirms New Regulation For Institutional Crypto Investments By Third Quarter

South Korea’s Financial Services Commission (FSC) announced plans to issue comprehensive guidelines for institutional cryptocurrency investment by the third quarter of 2025.  The FSC revealed its roadmap during a meeting with local crypto industry experts on Wednesday, 12 March 2025.  South Korea to issue institutional #crypto investment guidelines by Q3 The Financial Services Commission (FSC)…

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SIMD-228 Inflation Proposal Rejected as Solana Community Engages in Record-Breaking Vote

The Solana ecosystem witnessed a historic moment in crypto governance as stakeholders overwhelmingly participated in a crucial vote on inflation reform, ultimately rejecting the proposal despite its significant impact. The SIMD-228 proposal aimed to transition Solana’s inflation system from a fixed schedule to a dynamic, market-based model. However, it failed to secure the necessary 66.67%…

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