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US lawmakers investigate token airdrop activities, focusing on potential interest transfer issues
WLFI responds to controversy: Many statements are inconsistent with the facts, Peter Girnus has no association with WLFI
BlockBeats News, April 12 — In response to recent articles about WLFI published by Peter Girnus, who claimed to be a WLFI Web3 ambassador and sparked community discussions, WLFI stated, "After verification, the author is not a member of the WLFI team and has no connection with WLFI."
WLFI CEO Zach Witkoff also publicly responded under the related tweet, saying, "Peter Girnus lacks understanding of basic facts. Clarification as follows:
· World Liberty and the meme coin TRUMP have absolutely no relationship;
· World Liberty has no connection with Fight Fight Fight or CIC Digital;
· Our early holders bought in at $0.015 and $0.05, and the current price is $0.08;
· Trading fees are not our main source of revenue; our core product is a stablecoin, and its yield comes from treasury assets. By trading volume and market capitalization, our stablecoin is the second largest GENIUS-standard stablecoin."
BlockBeats News, April 12 — In response to recent articles about WLFI published by Peter Girnus, who claimed to be a WLFI Web3 ambassador and sparked community discussions, WLFI stated, "After verification, the author is not a member of the WLFI team and has no connection with WLFI."
WLFI CEO Zach Witkoff also publicly responded under the related tweet, saying, "Peter Girnus lacks understanding of basic facts. Clarification as follows:
· World Liberty and the meme coin TRUMP have absolutely no relationship;
· World Liberty has no connection with Fight Fight Fight or CIC Digital;
· Our early holders bought in at $0.015 and $0.05, and the current price is $0.08;
· Trading fees are not our main source of revenue; our core product is a stablecoin, and its yield comes from treasury assets. By trading volume and market capitalization, our stablecoin is the second largest GENIUS-standard stablecoin."
Bank of America: Middle East impact is widespread but uneven
According to Golden Ten Data on April 12, a Bank of America research report released on Friday indicated that, for the United States, this year’s growth forecast has been revised down by 50 basis points to 2.3%, with the direct impact of war accounting for about three quarters of the adjustment. The overall inflation upward revision is 70 basis points; it is now expected that by the end of 2026, core PCE will be 30 basis points higher than previous predictions, reaching 3.1%. For the Eurozone, the bank revised its growth forecast down by 60 basis points and increased its inflation forecast by 160 basis points to 3.3%, with core inflation at 2.3%.
According to Golden Ten Data on April 12, a Bank of America research report released on Friday indicated that, for the United States, this year’s growth forecast has been revised down by 50 basis points to 2.3%, with the direct impact of war accounting for about three quarters of the adjustment. The overall inflation upward revision is 70 basis points; it is now expected that by the end of 2026, core PCE will be 30 basis points higher than previous predictions, reaching 3.1%. For the Eurozone, the bank revised its growth forecast down by 60 basis points and increased its inflation forecast by 160 basis points to 3.3%, with core inflation at 2.3%.
The probability of "Bitcoin hitting $75,000 in April" on Polymarket has decreased to 59%
BlockBeats News, April 12, Bitcoin fell to $71,600. The probability of "Bitcoin rising to $75,000 in April" on Polymarket dropped to 59% (yesterday was 79%). At the same time, the probability of rising to $80,000 dropped to 18%, and the probability of falling to $65,000 rose to 39%.
BlockBeats News, April 12, Bitcoin fell to $71,600. The probability of "Bitcoin rising to $75,000 in April" on Polymarket dropped to 59% (yesterday was 79%). At the same time, the probability of rising to $80,000 dropped to 18%, and the probability of falling to $65,000 rose to 39%.
WLFI CEO Zach Witkoff responds to a recent article questioning WLFI, pointing out multiple errors.
According to ChainCatcher, WLFI CEO Zach Witkoff responded on X to a recently circulated article on the platform, which was allegedly written by a “WLFI Web3 Ambassador” and contained doubts about WLFI. After verification, the author of the article is not a member of the WLFI team and has no connection to WLFI.
Zach Witkoff stated:
1. The article equates WLFI with the Trump Meme Coin, but they are completely unrelated;
2. WLFI has no connection with “fight fight fight” or CIC CIC digital;
3. Early holders of WIFI bought in at prices of $0.015 and $0.05, and today’s price is $0.08;
4. WIFI does not use “transaction fees” as its main product. The main product of WIFI is stablecoins, which generate income by holding government bonds. Based on trading volume and market capitalization, WIFI’s stablecoin is the second largest compliant stablecoin.
Zach Witkoff also responded: “More thorough research should be done before writing a long thread.”
According to ChainCatcher, WLFI CEO Zach Witkoff responded on X to a recently circulated article on the platform, which was allegedly written by a “WLFI Web3 Ambassador” and contained doubts about WLFI. After verification, the author of the article is not a member of the WLFI team and has no connection to WLFI.
Zach Witkoff stated:
1. The article equates WLFI with the Trump Meme Coin, but they are completely unrelated;
2. WLFI has no connection with “fight fight fight” or CIC CIC digital;
3. Early holders of WIFI bought in at prices of $0.015 and $0.05, and today’s price is $0.08;
4. WIFI does not use “transaction fees” as its main product. The main product of WIFI is stablecoins, which generate income by holding government bonds. Based on trading volume and market capitalization, WIFI’s stablecoin is the second largest compliant stablecoin.
Zach Witkoff also responded: “More thorough research should be done before writing a long thread.”
Ethereum Glamsterdam upgrade may launch testnet next week, Hegotá selects FOCIL as core feature
Foresight News reports that the Ethereum Foundation recently released its latest development brief, indicating that the next Ethereum upgrade, Glamsterdam, is progressing steadily. Although the implementation of ePBS (in-protocol PBS) is rather complex, its relevant test networks are stabilizing, and the development of block-level access lists (BALs) is advancing smoothly. The current goal is that if the ePBS testnet remains stable, the first general Glamsterdam testnet will be launched next week, followed by client releases, security audits, and testnet testing. Additionally, EIP-7954, which aims to increase the maximum contract size, is very likely to be prioritized.
The subsequent Hegotá upgrade has selected FOCIL (EIP-7805) as its core consensus layer feature, while the proposal for account abstraction (AA), EIP-8141, has not reached consensus and is now in a Condition for Inclusion (CFI) status. Non-core feature proposals for Hegotá were launched on April 9. In terms of Network Gas Limit, the current benchmark target is set at 60 million, and testing with higher limits is still ongoing. As for the timing of upgrades, the likelihood of Glamsterdam going live in the second quarter is low, while Hegotá's progress will heavily depend on the completion of the former.
Foresight News reports that the Ethereum Foundation recently released its latest development brief, indicating that the next Ethereum upgrade, Glamsterdam, is progressing steadily. Although the implementation of ePBS (in-protocol PBS) is rather complex, its relevant test networks are stabilizing, and the development of block-level access lists (BALs) is advancing smoothly. The current goal is that if the ePBS testnet remains stable, the first general Glamsterdam testnet will be launched next week, followed by client releases, security audits, and testnet testing. Additionally, EIP-7954, which aims to increase the maximum contract size, is very likely to be prioritized.
The subsequent Hegotá upgrade has selected FOCIL (EIP-7805) as its core consensus layer feature, while the proposal for account abstraction (AA), EIP-8141, has not reached consensus and is now in a Condition for Inclusion (CFI) status. Non-core feature proposals for Hegotá were launched on April 9. In terms of Network Gas Limit, the current benchmark target is set at 60 million, and testing with higher limits is still ongoing. As for the timing of upgrades, the likelihood of Glamsterdam going live in the second quarter is low, while Hegotá's progress will heavily depend on the completion of the former.
Opinion: If BTC breaks above $76,000 and ETH surpasses $2,400, a trend reversal may occur.
ChainCatcher news, according to Cointelegraph, macro investor Jordi Visser stated that Bitcoin and Ethereum are not far from key price levels which may signal a trend reversal this year, despite increasing opinions within the industry that the market has entered a bear cycle. He said: “If Bitcoin breaks above $76,000 and Ethereum surpasses $2,400, I believe this will mark the start of a sustainable rally this year, as I do not expect a recession.”
Visser also said: “I believe inflation will remain high, and people will need to find profitable assets in a world where the S&P Index sees no gains.” On prediction market Kalshi, the probability of a recession in 2026 is currently priced at 24%, down 10 percentage points over the past 30 days. Visser’s view contrasts with the growing pessimism within the crypto industry—some even expect Bitcoin to drop below this year’s low of $60,000 on February 6. Veteran trader Peter Brandt stated on March 31 that Bitcoin may retest or even “slightly undercut” that price level in September or October this year, which would mark the cycle’s bear market low.
ChainCatcher news, according to Cointelegraph, macro investor Jordi Visser stated that Bitcoin and Ethereum are not far from key price levels which may signal a trend reversal this year, despite increasing opinions within the industry that the market has entered a bear cycle. He said: “If Bitcoin breaks above $76,000 and Ethereum surpasses $2,400, I believe this will mark the start of a sustainable rally this year, as I do not expect a recession.”
Visser also said: “I believe inflation will remain high, and people will need to find profitable assets in a world where the S&P Index sees no gains.” On prediction market Kalshi, the probability of a recession in 2026 is currently priced at 24%, down 10 percentage points over the past 30 days. Visser’s view contrasts with the growing pessimism within the crypto industry—some even expect Bitcoin to drop below this year’s low of $60,000 on February 6. Veteran trader Peter Brandt stated on March 31 that Bitcoin may retest or even “slightly undercut” that price level in September or October this year, which would mark the cycle’s bear market low.
Elon Musk's "Western WeChat" is about to launch
Odaily Midday News
1. ETH has fallen 55% from its all-time high;
2. Iranian negotiations have become uncertain, Trump hinted at possibly adopting a "maritime blockade" approach;
3. Sky co-founder Rune closed a 7x leveraged Nasdaq 100 short position, with an overall investment return rate of -22.68%;
4. WLFI co-founder responded to recent doubts: WLFI is not related to TRUMP meme coin, CIC digital company, or other projects/entities, its main product is the USD1 stablecoin rather than transaction fees;
5. Polymarket's "Iran-Israel/US conflict ending before April 15" probability dropped to 47%, down 22% in 24 hours;
6. Iranian Foreign Ministry spokesperson: Iran and the US have differences on two or three important issues;
7. Brother Maji's 13-win streak was broken, closed BTC long position with a loss of $192,000.
1. ETH has fallen 55% from its all-time high;
2. Iranian negotiations have become uncertain, Trump hinted at possibly adopting a "maritime blockade" approach;
3. Sky co-founder Rune closed a 7x leveraged Nasdaq 100 short position, with an overall investment return rate of -22.68%;
4. WLFI co-founder responded to recent doubts: WLFI is not related to TRUMP meme coin, CIC digital company, or other projects/entities, its main product is the USD1 stablecoin rather than transaction fees;
5. Polymarket's "Iran-Israel/US conflict ending before April 15" probability dropped to 47%, down 22% in 24 hours;
6. Iranian Foreign Ministry spokesperson: Iran and the US have differences on two or three important issues;
7. Brother Maji's 13-win streak was broken, closed BTC long position with a loss of $192,000.