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World Liberty Financial's WLFI Gains Attention as Potential Treasury Asset: Findings World Liberty Financial, a DeFi project associated with Donald Trump, is gaining attention as its native token, WLFI, is being considered by public companies as a treasury asset, according to a recent report. The announcement was made by co-founder Zak Folkman at the Permissionless conference, where he also announced the release of their new app. Folkman praised Strategy’s Executive Chairman, Michael Saylor, for promoting the use of crypto for corporate reserves. The company's USD1 stablecoin, with a market value of $2.1 billion, is expected to soon become the highest-capped stablecoin in the market. This surge in interest is due to the passing of the GENIUS Act, a legislation that provides a full regulatory structure for stablecoin issuers in the U.S. The project, which recently revealed plans to make its native cryptocurrency tradable, counts Tron founder Justin Sun as its single-largest investor.

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Allegations Leveled against Across Protocol Team over $23M Transfer; Co-Founder Rebuts Crypto investigator, Ogle, accuses the Across Protocol team, including project lead Kevin Chan and CEO Hart Lambur, of transferring about $23 million from the Across DAO treasury to their private company, Risk Labs. The allegations suggest that the team manipulated DAO votes using undisclosed wallets, thus breaching core DAO principles. The team is also accused of proposing and passing grants to their private company while maintaining a veneer of community governance. Lambur has responded to the allegations, describing them as "completely untrue" and asserting that Risk Labs operates under fiduciary responsibilities. He also stressed that the DAO proposals followed transparent processes and that team members are allowed to buy ACX tokens and vote in DAO proposals without revealing all wallet addresses.

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Bakkt's $1 Billion SEC Filing Indicates Potential Bitcoin Treasury Plans Bakkt Holdings has submitted a shelf registration with the U.S. Securities and Exchange Commission (SEC) to raise up to $1 billion via diverse securities offerings while exploring Bitcoin acquisitions for its corporate treasury. The Intercontinental Exchange-backed digital asset platform stated in its Form S-3 filing that it could issue common and preferred stocks, debt instruments, warrants, or bundled securities as per market conditions. The move aligns with Bakkt's recent update to its investment policy, which allows for capital allocation towards Bitcoin and other digital assets. The timing and volume of potential cryptocurrency purchases will depend on factors such as market receptivity, operational performance, and strategic aspects. This registration will allow Bakkt to quickly access funds under favorable market conditions and bolster its financial position while exploring digital asset opportunities.

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Is Pi Network's Pi2Day a Breakthrough or Just Another Letdown? The Verdict Comes Tomorrow As the Pi Network community eagerly awaits Pi2Day, conjectures are rife about the potential announcements. The most popular guesses include a listing on a major exchange like Binance, the integration of artificial intelligence, or significant milestones such as KYC sync or development of .pi domains. However, given past experiences where big announcements fell short of expectations, some members are keeping their hopes low. The most recent example was the launch of Pi Network Ventures, a $100 million fund to invest in ecosystem projects, which received mixed responses. Although there's been a surge of excitement leading to a 15% increase in PI token value, it lost momentum soon after. Many remain sceptical, predicting no major developments, since the full mainnet launch is still pending.

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Analysis of Cryptocurrency Values for June 27: Ethereum, Ripple, Cardano, Solana, and Hype This report delves into the recent performance and likely future trends of Ethereum, Ripple, Cardano, Solana, and Hype. Despite a 5% weekly loss, Ethereum holds above $2,400 support and may see a surge if the bullish cross in the MACD is confirmed. Ripple remains steady around $2, but falling volume might lead to a drop under this mark. Cardano, after a disappointing six-month downtrend and a 7% weekly fall, faces further likely losses. Solana, with a 4% weekly drop, is on a bearish trend, but a potential bullish cross in the MACD might present a fresh opportunity. Hype, after a modest 1% weekly loss, is poised to continue its downtrend unless it secures $37 as key support.

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