Weekly Project Updates: WLFI Adds DeFi Modules like Lending, | WuBlockchain on Binance Square

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Weekly Project Updates: WLFI Adds DeFi Modules like Lending, OpenSea to Fully Shut Down Legacy Version, Optimism Governance Concentration Worsens, SharpLink Gaming Acquires 176,270.69 ETH, etc  http://wublock.substack.com/p/weekly-project-updates-wlfi-adds?r=jbpop&utm_campaign=post&utm_medium=web&triedRedirect=true

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Binance Alpha has launched the Degen (DEGEN) token. Eligible users with at least 245 Binance Alpha Points can claim an airdrop of 13,862 DEGEN tokens starting from 15:00 (UTC+8) on June 14, 2025, via the Alpha event page. DEGEN is a reward token designed for Farcaster users.

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According to FT, U.S. financier Don Wilson's DRW Investments has invested nearly $100 million in Trump Media & Technology Group (TMTG), which is controlled by the Trump family, to support its $2 billion bitcoin venture. The investment came just nine weeks after the SEC dropped charges against Wilson's subsidiary, Cumberland, for allegedly operating as an unregistered crypto dealer.

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According to Reuters, Gemini and Coinbase are expected to receive EU licenses from Malta and Luxembourg respectively under the new MiCA regulations, allowing them to operate across all 27 EU countries. Malta's fast approval of OKX and Crypto com has raised concerns among other regulators about its oversight capacity. ESMA is reviewing Malta's licensing process and plans to release a report.

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According to the New York Post, a financial disclosure released by the U.S. Office of Government Ethics on June 13 shows that former President Donald Trump earned $57.36 million last year from the crypto firm World Liberty Financial, linked to his family. It was one of his main income sources. He also made royalties from products featuring his name and image, including guitars, sneakers, watches, and books.

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Matthew Sigel, Head of Digital Assets at VanEck, stated that several low-market-cap companies recently announcing plans to raise hundreds of millions of dollars to purchase tokens such as XRP or Solana are likely engaging in “pump-and-dump” schemes. He noted that if a company has a minimal market capitalization and fails to disclose any anchor investors, it is essentially presumed to be a scam.

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