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04:00
DefiSquared questions possible manipulation in recent WLFI governance vote, states it holds a short position
Foresight News reported that DefiSquared, one of the top ten whales ranked by DeBank wallet, questioned the suspected manipulation in the recent governance vote of World Liberty Fi (WLFI). He pointed out that Bubble Maps showed that the majority of the votes in favor came from team-related wallets, and the approved "USD1 Growth Proposal" was essentially intended to sell tokens to generate protocol revenue. Of the protocol revenue, 75% flows to the Trump family and 25% to the Witkoff family, with retail investors having no right to share. DefiSquared emphasized that after the vote passed, 500 million WLFI tokens were transferred to Jump Trading, while investors' tokens remain locked. Given that WLFI has no governance rights, no revenue sharing, and is facing selling pressure, he believes its $17 billion valuation lacks support and revealed that he is holding a short position.
03:58
TRC20-USDT issuance surpasses 83.4 billions, reaching a new all-time high
According to Odaily, the issuance of TRC20-USDT has increased to 83.4 billion, reaching a new all-time high. Since the beginning of this year, the TRON network has cumulatively issued an additional 2 billion USDT. As of now, the number of TRC20-USDT holding accounts has reached 70.69 million, with the cumulative number of transfers exceeding 3.09 billion. Meanwhile, the total number of accounts on the TRON network recently surpassed 360 million, with on-chain activity continuing to rise. In addition, independent year-end analysis reports recently released by Messari, RWA.io, and Stablecoin Insider all indicate that TRON has completed its evolution from a high-throughput payment network to a core settlement layer for global stablecoins and tokenized assets. Among them, the Stablecoin Insider report points out that over the past year, the cumulative transfer volume of TRON USDT was approximately $7.9 trillion, making it a core channel for the global circulation of digitalized US dollars. TRC20-USDT is a US dollar-pegged stablecoin issued by Tether on the TRON network. Its fast transfer speed and low transaction fees have attracted a large number of users, and it is already supported by several exchanges, including a certain exchange.
03:53
flyingtulip (FT) announces early public auction with FDV of $1 billion and principal protection
According to Odaily, IMPOSSIBLE announced on X platform that it has released the details of the flyingtulip (FT) pre-public auction. The auction's FDV is 1 billion USD, the same as the seed round, with a token price of 0.1 USD. Highlights of the auction include 100% unlock at TGE, 100% principal protection (refunded tokens will be burned to reduce total supply), no team token allocation, and funds will be deposited into low-risk DeFi protocols to generate yield. The specific timeline (UTC) is as follows: January 21 to 23, 10:00 (UTC+8): IDIA staker purchase period and reward round; January 27, 4:00 (UTC+8) to January 29, 16:00 (UTC+8): Public round.
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