Category: Coins

• Linda Jones, an enthusiastic XRP supporter, recently announced that the demand for XRP increases because institutions diversify their portfolios.
• Franklin Templeton has just applied for an XRP ETF, which increased the number of XRP ETF applications to 11.

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Recently, institutional investors Ripple (XRP) are increasingly considering as a strategic system to diversify their cryptocurrency portfolios beyond Bitcoin (BTC). According to the financial expert Linda P. Jones, author of 3 Steps to Quantum Wealth, has exceeded Bitcoin by 212 % since November 2023 and has increased by around 250 % over Ethereum during the same period.

The price of XRP was met with $ 2.30 after it rose by modest 0.86 % in the last 24 hours, which brought its market capitalization to $ 134 billion. In the meantime, Bitcoin stabilized at around $ 83,000 after a decline of 6.78 % last week. Jones says:

“Institutions will avert Bitcoin and Ethereum and include XRP ETFs in their portfolio.

As CNF reportedmade Franklin Templeton and 21share’s applications for XRP ETFs in the United States. There are currently 15 proposed XRP ETFs, and this surpasses the number of Bitcoin ETF applications that is 11. This shift indicates that institutional investors begin to recognize the stability and growth potential of XRP and to look beyond traditional assets such as Bitcoin.

Bitcoin ETFs have recorded net inflows of $ 35.4 billion in January 2024 since their approval by the Securities and Exchange Commission (SEC), and analysts believe that XRP ETFs could exceed this number after admission. Jones:

“Applications for XRP ETFs are submitted to the SEC because financial companies expect a demand for them.”

The growing legitimacy of XRP

The regulatory clarity has significantly strengthened the trust of the institutions in XRP, especially after a recent meeting behind closed doors between the Securities and Exchange Commission (SEC) and Ripple Labs, which triggered speculation about a possible agreement in the litigation against Ripple, which has long existed. This meeting follows the decision of the SEC, the investigation in others Crypto lawsuits Against uniswap, robinhood and coin baseset which signals a possible shift of the regulatory approach.

A decision that is positive for Ripple could pave the way for a broader acceptance of XRP among institutions. In addition to this dynamic President Donald Trump terminated The creation of a strategic crypto reserve an in order to position the United States as the “crypto capital of the world” originally, the reserve Bitcoin, Ethereum, Ripple, Solana (SOL) and Cardano (ADA) should include, but later Bitcoin was preferred to other assets.

Trump’s recognition of XRP has further strengthened its legitimacy, whereby Linda Jones emphasized that the inclusion in the US Digital Asset Stockpile is strengthening its role as a financial system. Since institutions try to reduce the risks associated with a Bitcoin-centered portfolio, XRP is able to play a larger role on the financial markets, as its consensus mechanism enables faster and cheaper cross-border payments.

• Charles Gasparino compared Ethereum’s emission to that of XRP and found that they did not differ fundamentally.
• With Paul Atkins, who is likely to replace Gary Gensler as a SEC chairman, legal certainty could finally be found for digital assets.

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Ripple Labs, the company behind the cryptocurrency XRP, has been involved in a legal dispute with the US stock exchange supervision (SEC) since December 2020. The SEC claimed that the sale of XRP by Ripple was an unregistered security offer, which caused concerns about the classification of XRP according to the US securities laws.

According to the FOX business journalist Eleanor terrett The case is currently delaying because Ripple strives for better comparison conditions. Under the leadership of Mark Uyeda, the SEC has withdrawn from several top -class legal disputes. As CNF reported, the supervisory authority has discontinued its investigation against Robinhood, Coinbase and Gemini. This has fueled speculation that the SEC could pursue a similar approach with ripple and may be waiting for Paul Atkins to be confirmed as a second chairman before taking its next step.

XRP vs. Ethereum: A regulatory debate

A central point of dispute in the legal dispute is the regulatory treatment of XRP compared to Ethereum (ETH). Fox Business’s senior correspondent, Charles Gasparinoshared recently on x with that the SEC debates whether the current trade and benefit of XRP is more of a goods than a security.

SCOOP: Off of @EleanorTerrett‘s scoop from yesterday on the @Ripple – @SECGov settlement negotiations, one issue that is being weighed by the commission is whether $XRP continues to trade and have a utility that makes it more a commodity and not a security. I am told the…

— Charles Gasparino (@CGasparino) March 13, 2025

Gasparino pointed out that Ethereum was originally issued by an initial coin offering (ICO), a financing method in which investors buy newly issued tokens, similar to companies, with an initial public offering (IPO) on the stock market. He pointed out that both ETH and XRP were used to finance the platform development and moved parallels between their early financing models.

However, while Ethereum was never sued, Ripple was confronted with legal steps. The SEC believes that Ethereum has now developed into a goods and now eliminates the classification of XRP.

David Schwartz CTO von Ripple Labscontradicted this view with the argument that Ethereum was already sold privately before there was even a blockchain or a ledger, but did not. This fundamental difference in the sales models could influence the regulatory position of XRP.

ETH was privately sold by an issuer prior to any ledger or blockchain existing. XRP was not.

— David "JoelKatz" Schwartz (@JoelKatz) March 13, 2025

In July 2023, judge Analisa Torres from the US District Court for the Southern District of New York decided that XRP is not a security if it is sold on public cryptocurrency exchanges. However, institutional sales of XRP could still be classified as securities offers under certain conditions. In August 2024, a federal court ordered that Ripple had to pay a penalty of $ 125 million to the SEC for the violation of securities laws, which contributes to the considerable legal costs of the company that exceeded $ 100 million. On April 16, 2025, an important period runs until the ripple has to react to the appeal of the SEC. However, if the SEC decides to drop the case before this time, the overall complaint could be rejected.

XRP has increased by 3.29 % in the last 24 hours, but has fallen 9.46 % in the past week and is now traded for $ 2.31. Analysts remain optimistic and believe that XRP could experience a rally if the SEC withdraws its lawsuit and possibly climbed over its all -time high from $ 3.80 to $ 4.00.

• Russia uses Bitcoin, Ethereum and Tether in his oil trade with China and India to avoid western sanctions.
• ROsian oil exporters convert yuan and rupees in cryptocurrencies before exchanging them in ruble to make the transactions more smoothly and avoid restrictions.

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Russia is now going to use cryptocurrencies for oil trade with China and India to avoid the sanctions imposed by the West. Loud Reuters have introduced some Russian oil companies Bitcoin, Ethereum and StableCoins such as Tether to exchange the Chinese Yuan and the Indian rupie for Russian rubles.

Although this is currently only a small part of the oil transactions, this practice in Russia is on the rise. According to the international energy agency, the global oil transactions were $ 192 billion last year. By using digital assets, companies in Russia are able to mitigate the effects of sanctions and to handle cross -border payments faster.

A normal transaction is that a Chinese dealer concludes a contract with a trading company and pays you via an offshore bank account in Yuan. The intermediary then exchanges the money into cryptocurrency and sends it to another account before it reaches Russia. There she is converted back into ruble. According to sources, a Russian oil dealer is handling crypto transactions worth several $ 10 million every month.

We recently reported that the Bank of Russia has proposed guidelines for investments in the field of digital assets on an experimental legal basis for a period of three years. The proposed plan stipulates that investors are limited to those who meet certain requirements, namely the possession of securities and deposits of over 100 million rubles and an annual income of over 50 million rubles. However, the Russian experiment of oil trade with cryptocurrencies is not only an exercise to avoid sanctions, but could also be a harbinger of future cooperation with the United States.

Worldwide introduction of cryptocurrencies in sanctioned oil trade

Russia is not the only country that relies on digital assets to facilitate oil trade. Iran and Venezuela also tried to use cryptocurrencies, especially in their international business, to reduce the use of the US dollar. These sanctions have caused the countries to find other methods to maintain their economy and export oil.

Bolivia has taken similar steps. As CNF reported, the state -owned Bolivian energy company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) has received permission to pay fuel imports with cryptocurrency. Specifically, you have to complete further transactions, although all the necessary preparations have been made. The plan aims to maintain the fuel subsidies, since domestic production drops and lack of foreign exchange slows down imports.

India and the United Arab Emirates (VAE) recently handled their first crude oil business away from the US dollar. Trading was handled by the XRP Ledger System’s cryptotrading find (CTF), a platform that improves financial standards and optimized the flow of money.

The Brics Alliance, consisting of Brazil, Russia, India, China and South Africa, strives to reduce the dependency on the US dollar in international transactions. The recently signed crude oil agreement between India and the VAE is a good example of this trend. These countries keep the transaction and processing costs low by relying on local currencies and blockchain-based platforms.

• Brazil, which has the chair of the BRICS states, drives digital payment solutions to reduce the dependence on western financial systems such as Swift.
• Inspired by Brazil’s Pix, the proposed system should enable direct transactions and at the same time minimize dependence on the US dollar.

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Brazil, which is now at the top of the BRICS countries, attracts great attention with a new agenda for the introduction of cryptocurrencies. As the new president of the block, the state is researching digital payment solutions in order to reduce the dependence on western financial systems, including Swift. Officials believe that this could rationalize transactions and strengthen financial autonomy.

The step is in line with a more comprehensive strategy for creating an independent clearing and custody system for the member countries. Brazil is at the head of the efforts to make digital handling a practical alternative – a development that could significantly influence the dynamics of world trade. Since Brazil is now the presidency, this proposal is at the top of the agenda.

BRICS in the Trump Era: A Changing World Order

The BRICS bloc, which comprises Brazil, Russia, India, China, and South Africa – along with new members like Iran, Saudi Arabia, the UAE and others, is gradually expanding its influence in the global arena.

The bloc, especially… pic.twitter.com/m0z6392iRL

— The GEOSTRATA (@TheGeostrata) March 13, 2025

Die Lokalzeitung O Globo reportedThe fact that this initiative aims to accelerate the financial transactions between the BRICS countries. It is even more important that it should reduce the dependence on dominant foreign currencies such as the US dollar, which historically played a central role in global trade.

BRICS trading without thinking again without the dollar

A common Brics currency has been speculated for years. Some experts, including the economist Jim Rickards, once beat one Currency laid by goldbefore to challenge the dollar. However, the heads of state and government of the BRICS countries have taken a different path and rely on an efficient digital payment system instead of a common physical currency.

A possible model that is currently being discussed is similar to the Brazilian Pix system that works via various digital networks, but is still bound to national fiat currencies (we reported ). However, the implementation could make it difficult to comply with sovereignty and the different legal framework. In contrast to conventional methods, this system would enable quick, direct transactions without excessive bureaucratic obstacles.

Russia has particularly emphasized this initiative. The Russian Foreign Minister Sergei Lavrov confirmed that President Luiz Inácio Lula da Silva is at the forefront of discussions about cross -border digital bills. The Brazilian leadership also checks the creation of a cross-border payment infrastructure and a BRICS-Rückversicherungsgesellschaft.

Russia’s blockchain ambitions and the role of Brics Pay

The advance for digital handling follows a trend that Russia has long supported. In 2024 struck Moscow A blockchain-based payment system beforeto reduce the dependency on the US dollar. This initiative did not prevail immediately, but it seems to have influenced Brazil’s recent efforts within the BRICS countries.

A central element of the puzzle is BRICS Paya decentralized financial news system that has been in operation since 2018. The platform enables direct transactions between the BRICS countries using local currencies and by circumventing traditional financial intermediaries. By eliminating a central control point, BRICS PAY strengthens transaction safety and lowers the costs.

Despite this dynamic, not all parties are completely on board. Donald Trump has that BRICS countries 100% Import-Zölle anthreatened if you try to get away from the dollar. This illustrates the potential economic and political friction that could cause such a transition on the global stage.

• Xion was the first layer 1 blockchain provider to publish a mica-conformed white paper that is based on the EU regulations for crypto-assets.
• This ensures legal certainty and supports the broader introduction of Web3 in the EU.

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In the effort to beat the bridge between Web2 and Web3, hat Xiona walllose blockchain, announced, to meet the EU regulations according to the regulatory framework for crypto-assets in the European Union. With the publication of the Mica (Market in Crypto Assets) WhitePapers, Xion is the first layer 1 blockchain in the Mainset, which does this in the EU.

Burnt Banksy, founder of Xion, is of the opinion that the publication of the Mica White Papers is the right direction for Xion because it wants to beat a bridge between Web2 and Web3. In a statement, Burn said:

“The publication of a Mica White Papder is an important step in a broader institutional strategy […] By complying with the developing regulatory landscape in the EU, it is ensured that institutions and users are given access to Xion in compliance and that the basis for a broader acceptance of Web3 is strengthened. “

Institutions in the EU now have unrestricted access to use the Xion ecosystem and technology in accordance with Mica. With the fulfillment of the EU MICA directive, Xion has proven its commitment to facilitate access for both institutions and private individuals who have chosen digital assets.

Mica regulation framework

Title II of Mica (Market in Crypto Asset) is a comprehensive set of rules that comes into force in the EU in December 2024. These regulations aim to create a uniform regulatory framework for crypto-assets throughout the EU and to create clear guidelines for issuers and facilities that want to offer or act digital assets.

Xion has positioned itself as an important player by joining the Mica to ensure that its ecosystem works transparently and within the limits of European law.

More on the topic: OKX receives mica license and extends cryptographic services to 28 EEA countries

About Xion

Xion is a walllos L1 blockchain that should make Web3 accessible to everyone. Xion revolutionizes Web3 by creating the first wallet-1 blockchain. With the mission to simplify the introduction of blockchain, Xion makes the need for wallets, private keys and gas fees superfluous and makes the technology accessible to users and developers.

His innovative solutions, including Generalized Abstraction and Meta accounts, help to accelerate the general acceptance of Web3.

Website | Blog | Discord | Telegram | Girub | LinkedIn | X

• The former Binance boss Changpeng Zhao raises questions about the possible participation of the FTX bankruptcy exchange in the Luna/Ust-Crash.
• ZHAO thus responds to the fact that the court granted the application from 3AC to increase its claim against FTX from $ 120 million to $ 1.53 billion.

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The Linance founder Changpeng Zhao joined the FTX train because he questions that the insolvent stock exchange had something to do with the Luna/VAT crash in May 2022.

The legal dispute between 3AC and FTX

While the reasons for his suspicion have not been mentioned, CZ’s comments come to an update of the ongoing legal procedure between Three Arrows Capital (3AC) and FTX. Like “Mbottjer”, who pretends to be a co -founder of FTX Creditor, was communicated3ac recently applied for a bankruptcy court to increase its claim against FTX from USD $ 120 to USD 1.53 billion.

The reason for this increase lies in the discovery that FTX has liquidated an amount of $ 1.53 billion exactly two weeks before 3ac liquidation.

The information that the liquidators have received in the year since the submission of their original POC has led to the new conclusion that just two weeks before the start of the liquidation of 3AC, the $ 1.53 billion in assets that had 3AC on the FTX platform were liquidated in order to meet the liabilities compared to FTX in the amount of $ 1.3 billion.

3ac

Using why this was not taken into account in the original registration, 3ac said that FTX was also bankrupt and had access to important data. The efforts to receive enough details from them were in vain until the end of the official period. The delay also prevented the bankruptcy managers from understanding the scope of the transactions between 3AC and FTX.

FTX obtained an objection to this claim on the grounds that the registration was made too late and violated the bankruptcy proceedings. Interestingly, this objection was rejected by the court. The court documents show that the delay in submitting the change claim was largely due to the fact that FTX had not submitted the necessary documents. For this reason, the court granted 3AC’s application to change its original evidence.

“After weighing up all the evidence submitted, I came to the conclusion that the consideration in favor of the approval of the changed POC failed.”

Previously, 3AC had also filed a lawsuit of USD 1.3 billion against Terraform Labs and accused them of being responsible for the collapse of the company, as described in our last report.

Who else could be involved in the VAT collapse?

In November 2022, a thread was published by a previously unknown person who identified himself as Darrow.eth, in which he tried to explain the crash of VAT. In his opinion, it would be interesting to find a connection to FTX. Until then, he believes that three large wallets of Luna immediately bought and sold with loss to deliberately pull the chart down. According to his understanding, it is strange that someone with a limited order buys at a spot price and then immediately sells the market with a bot.

In an accompanying picture, Darrow.eth explained that there were serious oppression on the purchase orders.

On May 12, 2022, the oppression pressed the course to zero, since they literally bought up all available shares, as the article states. While there are many questions whether FTX had his fingers in the game, Darrow.eth pointed out that the US Federal Reserve benefits most from the crash of the VAT. According to him, the plan was to attack the StableCoin market in order to maintain the global economic dominance of the USD.

Against this background, the hearing of the founder of Terraform Labs, Do Kwon, which was arrested in this context, was postponed from March 10 to April 6th after the authorities announced that they found four terabytes of additional evidence – CNF reported.

• Hoodi will concentrate on testing validator exits and thus fix the restrictions that exist in the Ethereum Holesky test network due to a backlog in the exit maintenance queue.
• The pectra upgrade, which is intended to improve the scalability and user-friendliness of Ethereum, is expected to be activated on Hoodi on April 25 in the Mainset after a 30-day test phase.

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The Ethereum Foundation announced that the developers will start a new “Hoodi” test network in the coming week. The announcement came during the developer’s conference on Thursday. This special campaign had become necessary because the start of the PECTRA upgrade on the Holesky test network had recently had problems with the finality.

Coping with the challenges in the Holesky testnet

The Holesky Testnet serves as a test environment before the PECTRA upgrade is transferred to the Ethereum Mainnet. Due to a configuration error while activating the PECTRA upgrade, a loss of finality occurred two weeks ago. Although the network regained its finality on Monday, it remains partially restricted and not fully functional for all research activities.

During yesterday’s developer call discuss The Ethereum researchers and developers about the solution of the problem, which was created by the problematic Holesky and Sepolia hardforks, as described in our previous article. During the discussions that took place last week, the team also considered implementing a “Shadow Forks” of the Holesky test network in order to further examine the expected PECTRA upgrade.

After the telephone conference on Thursday, the developers decided to start a new test network called Hoodi instead of watching alternative suggestions. The Hoodi-Testnet will serve as a dedicated network for Ethereum researchers to test the existence of validators, a function that is not available at Holesky due to a backlog in the exit maintenance queue. In the meantime, Holesky and Sepolia will continue to tackle other research priorities. In the protocol of yesterday’s session it says:

This option was chosen to avoid that customer teams write custom code in order to empty the Holesky-WARTSCHLANG, which could lead to other mistakes and delay the work on pectra loans and fusaka implementations.

Ethereum Pectra Upgrade aims at April Mainnet activation

The highly awaited PECTRA-upgrade aims to improve the user-friendliness and scalability of Ethereum through several important innovations. This includes reducing the costs of data availability by expanding “Blob” transactions for layer 2 solutions, the increase in staking limits and the introduction of the account abstraction to expand the possibilities of smart contracts and wallets.

The upgrade could go into operation on April 25th in Ethereum-Mainnet, about 30 days after the planned introduction to the newly launched Hoodi-Testnet. The Ethereum Foundation has provided considerable resources for the Hoodi-Testnet and plans to operate it with a number of validators compared to the Ethereum in Munich to ensure comprehensive tests.

The ETH course has recently been under strong sales pressure and has fallen under the $ 2,000 mark, with a further decline in $ 1,500 threatening. The successful implementation of the PECTRA upgrade in the MIANNET would be crucial to stop the downward trend.

• The most important Bitcoin ETF investors did not sell their stocks during the weak market.
• The BTC course has entered a distribution phase after the all-time high, with a possible trend reversal.

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Bitcoin’s institutional investors have proven their confidence in the flagship of cryptocurrencies despite a decline of 25 % since January. Most of these investors still stick to their stock market-traded BTC funds (ETFs) and thus show their trust in the future of the coin. Whether this trend will continue depends on the mood of the investors and the condition of the economic landscape.

Bitcoin ETF investors hold the position

According to a report by Bloomberg, 95 % of investors continue to stick to the Bitcoin ETFs despite the strong market correction. James Seyffart, a senior ETF analyst near Bloomberg, said that the inflows to the BTC ETF market decreased from a maximum of $ 40 billion to $ 35 billion. This corresponds to more than 95 % of the investor money that is still invested in BTC ETFs, although the BTC has fallen strongly by 25 %.

The Wall Street heavyweights Goldman Sachs and Bny Mellon are among the largest investors in Bitcoin ETFs. According to a recently carried out study, üabout the we have reportedGoldman Sachs has increased its investments in Bitcoin ETFs to $ 2.3 billion. The interest of the institute in crypto assets showed an accelerated growth and added $ 710 million to the key figures of the last financial quarter.

Goldman Sachs’ investments include the Ishares Bitcoin Trust of Blackrock, the Wise Origin Bitcoin Fund from Fidelity and some others. In contrast, the BNY Mellon keeps 39,526 shares of the Bitcoin Strategy ETF prince’s ETF worth almost $ 900,000.

US spot bitcoin ETFs have attracted tributaries of almost $ 115 billion since their approval in January 2024. This data underline the resistance of investors and large actors on the Bitcoin ETF spot market.

In the meantime, the Bitcoin Spot ETFs have had increasing drains since mid-February, with drains of almost 5 billion USD since the highest level. After Declarations von Farside Investors The Bitcoin Spot ETFs recorded drainage of $ 135.2 million on March 13. The FBTC from Fidelity led the drains at $ 75.5 million, followed by the ARK Invest Ark Invest with $ 60.2 million.

Blackrock Ishares Bitcoin Trust (IBIT) was the outlier with net inflows of $ 45.7 million. Blackrock continues to trust Bitcoin’s long -term strategy and has His BTC ETFrecently In a model portfolio heavy in $ 150 billion integrated.

Sales pressure on Bitcoin stops

Bitcoin and the wider cryptom market have come under strong sales pressure in view of the macroeconomic uncertainty and the customs war of Trump. Bitcoin rose on Wednesday after the publication of the US VPI data and the cooling of inflation over the decisive resistance of $ 84,000. However, the coin failed to stay above the decisive level.

At the time of the creation of this article, Bitcoin has been in the last 24 hours a 1.56% At $ 82,867 fallen. The daily trade volume fell by 20.7 % to less than $ 29 billion.

At the same time, the data from Coinglass show a sudden increase in the overall liquidations. According to the data, the 24-hour liquidations rose to $ 75 million, of which $ 52 million in long positions.

The data analysis platform Glassnode said the current market situation that Bitcoin has entered a distribution phase after the all -time high. How In our last short report mentionedthis phase reflects a changed investor’s mood and increasing sales pressure.

• World Liberty Financial bought Sei-token worth $ 100 million in order to increase its stock to 1 million.
• The latest report shows that WLF has a current cumulative value of $ 21 million with a cumulative loss of $ 124 million.

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World Liberty Financial (WLF), the decentralized financial platform associated with the family of US President Donald Trump, begins another wave of accumulation by buying 541.242 for $ 100,000 at an average price of $ 0.185. The total stock has increased to 1.089 million, which was acquired at cumulative costs of USD 225,000. Currently, the wide market liquidation and the pullback have reduced the total value of its stocks significantly to $ 207,000.

The latest acquisition was sufficient to trigger an increase of 7.5 % on the 24-course chart. It is currently being traded at $ 0.19 and is therefore significantly below his annual high of $ 1.14 on March 16, 2024. The course diagram shows that the value is about to break out of a descending triangle pattern, which indicates a short -term recovery.

According to data from Lookonchain, the current portfolio of WLF contains nine crypto tokens with a cumulative value of $ 214.8 million. However, it has a cumulative loss of $ 124 million. In the meantime, Ethereum (ETH) with a current value of $ 126 million remains the largest position, followed by Wrapped Bitcoin (WBTC), which is valued at USD 65 million.

A week ago, a digital wallet, which is connected to the WLF platform, bought ETH worth $ 10.1 million, WBTC worth $ 9.9 million and Move worth $ 1.68 million, as described in our latest blog post. According to Eric Trump, President Trump’s son, WLF Defi or Cefi wants to revolutionize the future of financial system.

Recent controversy around WLF

Recently, a platform called Blockworks claimed that World Liberty explored the exchange of Wlfi token worth $ 10 million with other crypto projects after discovering some movements on the chain. According to this report, this alleged sale should go hand in hand with a fee of 10 %.

However, WLF quickly made it clear that it does not sell token. According to her report, only assets for business purposes were reversed. In addition, the Defi platform explained that their regular movements are standard practices and serve to maintain strong, safe and efficient financial management:

“We carry out routine movements of our crypto stands as part of the regular treasury management, the payment of fees and expenses and to cover the operating capital requirement. To clarify this, we do not sell tokens – we only re -assign assets for normal business purposes. ”

In the middle of these controversy, the platform has announced the introduction of a strategic macroreserve for several assets. This should give the most important assets thrust. In addition, the creation of the WLF team should increase stability and serve as a robust financial backbone for the Wlfi token. Incidentally, WLF and SUI work together to strengthen the strategic reserve.

• The LUNC community debates the shortening of the 21-day withdrawal period: This is what the increased acceptance speaks, but critics place more emphasis on stability.
• Binance has burned over 70 billion lunc tokens, which nourishes hope of re-connection to the UStC despite continuing market uncertainties.

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The Terra Luna Classic (Lunc) community must decide. Stands at the scabbard. The demand to rethink the stake mechanism is becoming increasingly common. A proposal is circulating to shorten the 21-day waiting time that is necessary to withdraw token, with critics argue that this hinders. The advance that originally came from Crypto News Portal has triggered a heated discussion among investors and validers.

When you stake $ Lunc on the Terra Classic chain and then withdraw these #LUNCs from the stake transactions; a 21-day waiting period is applied.

There are currently 1 trillion LUNCs staked. Reducing the 21-day waiting period will increase the amount of LUNCs staked. This period… pic.twitter.com/uaZxIpHerO

— Crypto News Portal (@TerraNewsEN) March 13, 2025

Over 1 trillion Lunc are currently covered, a significant part of the total amount of 5.44 trillion tokens. The supporters of the reform believe that a shortening of the waiting time to a reasonable extent would make staking more attractive, although no specific time frame was proposed. Some fear that the rigid Lockup policy will prevent new participants from bringing their tokens into the network.

Not everyone is on board. An X user, Vivid BNB, countered the argument and explained that patience is a fundamental part of the Lunc ecosystem:

“Just because the timing takes a long time does not mean that the jack will not achieve its goals.”

Burning Billions: Terra Classics offer battle

In addition to the reforms of staking, the Terra Luna Classic community has focused on reducing the token offer. An estimated 405 billion Lunc has been burned since May 2022 to increase the scarcity and ultimately the price. At the algorithmic stable coin UStC, over 3 billion tokens were also pulled out of circulation.

The burns continue on the Terra Classic chain. The total amount of $ Lunc burned has exceeded 405 billion. The total amount of $ USTC burned has exceeded 3.4 billion.

The supply of #Lunc and #Ustc continues to decrease with the burns, but this does not affect the price. The low… pic.twitter.com/LxJiDbzKR5

— Crypto News Portal (@TerraNewsEN) March 10, 2025

The move of Binance, which has played a crucial role in Lunc’s token-Burn strategy, is led. In its 30th Burn-Batch, the crypto tour has removed 736 million Lunc tokens and thus increased its overall contribution to over 70 billion burned tokens. The stock exchange continues to remove trading fees in connection with LUNC transactions and thus underlines its commitment to revival the project.

Since Binance has burned a total of over 400 billion LUNC, many in the community see this as a step towards a possible re-peggings from UStC-a long-term goal that remains a glimmer of hope for investors. It remains uncertain whether these efforts will lead to a significant price rally, but the determination of the community is undeniable.

Technical overhaul is making progress

The pursuit of improvements goes beyond the insertion and burning of tokens. At the end of October 2024 approved The Lunc community Proposal 12142an initiative that aims to clean the blockchain infrastructure. The proposal focuses on the removal of outdated, mainline modules, the reduction of technical debt and a closer coordination with the Cosmos ecosystem.

The upgrade is carried out in two phases. In the first phase, the consensus engine is updated and the latest security functions from the Cosmos-SDK are integrated. The second phase focuses on the update of the WASMD contract system in order to ensure compatibility with existing smart contracts and at the same time minimize disorders.

These structural improvements are seen as a crucial step to make Terra Luna Classic more sustainable in the long run. Since the cryptom market remains volatile, Lunc’s ability to develop and adapt could decide on the future development of the company.

While the debate about the reform of staking is intensified, the big question is whether the validers are ready to compromise. While some in the community urge greater flexibility, others argue that the current structure maintains the stability of the network and prevents short -term speculation.