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In Trump-Backed Crypto Project, Insiders Are Poised for Unusually Big Token Payouts
The team could get 70% of World Liberty Financial's tokens, a significantly higher-than-normal allocation from a project marketed as a solution to the “rigged” traditional finance system.

Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist
Four team members listed in World Liberty Financial's white paper previously worked on Dough Finance, which was drained of $2 million in July. One also founded Date Hotter Girls LLC.

U.S. House Committee Plans for Heap of Crypto Hearings in September
The House Financial Services Committee is expected to look at DeFi, U.S. enforcement and "pig butchering" in a series of hearings the panel is set to schedule for next month.

Trump's New Crypto Business to Offer Access to 'High-Yield' Investments, Website Says
World Liberty Financial is "the only crypto DeFi platform supported by Donald J. Trump," according to homepage metadata.

Advocates at Stand With Crypto Seek to Turn Crypto Enthusiasts Into Swing-State Voters
The group is opening a battleground-states tour with Sen. Sinema in Arizona, then it moves on to Nevada, Michigan, Wisconsin and Pennsylvania to get out the crypto vote.

Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum's Tokens as Securities
The SEC-registered crypto platform is expanding its custody operation beyond Ethereum's ETH, and that means it would be holding UNI and ARB as securities.

Zenrock Aims to Calm Users' DeFi Wobbles With Decentralized Custody Offering
Crypto custody upstart Qredo has got a new lease of life after being bought out of administration by Dan Tapiero’s 10T Holdings and 1RoundTable Partners. The company is soon to relaunch as Zenrock.

MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx
The new offering will allow MetaMask users to purchase directly from their self-custodial crypto wallet.

Crypto Lending Firm Morpho Bags $50M in Funding Round Led by Ribbit Capital
The strategic funding round included a16z, Coinbase Ventures, Variant, Pantera and Brevan Howard.

Lloyd’s of London-Backed Insurance Policies Can Now Be Paid for in Crypto on Ethereum
Cryptocurrency insurance underwriter Evertas, a Lloyd’s coverholder, has teamed up with smart contract-based insurance marketplace Nayms to offer the on-chain policies.
