News linked to both this project and an event.
According to The Block, bipartisan Senators Thom Tillis (Republican) and Ruben Gallego (Democrat) submitted a new ethics compromise proposal to the White House on Thursday morning local time, attempting to break the deadlock in advancing the Clarity Act cryptocurrency legislation. Currently, there is less than a week left until the Senate recesses on August 7, but the bill still has not obtained the 60 votes required for passage. Democrats insist on adding stricter ethics provisions to constrain the Trump family's crypto interests, including the Meme coins they issued and the World Liberty Financial project in which the family participates, while some Republican senators have objections to the stablecoin interest provisions, worrying that it will divert deposits from traditional banks to the crypto sector. Although the draft leaked last week prohibited public officials and their spouses from issuing digital assets, it did not cover other family members, and included a "sunset clause" expiring in January 2029, which critics believe essentially nullifies the entire ethics provision. Treasury Secretary Scott Bessent subsequently blamed the Democrats on X, stating that they "chose political gaming on the verge of a major victory". The Crypto Innovation Committee (CCI) warned that if the bill fails to pass, the US will hand over its global leadership position in the field of crypto regulation.
Odaily News According to Defillama data, the stablecoin market has experienced an outflow of $12.413 billion in the 62 days since May 17, 2026, with $1.555 billion flowing out since July 11, marking one of the largest contractions in over four years. As of July 18, Tether's USDT market cap stood at $184.055 billion, while Circle's USDC market cap was $73.376 billion. Over the past week, USDT decreased by 0.06%, and USDC decreased by 0.04%. Sky's USDS market cap was $6.66 billion, declining by 12.30% over the past week, making it the worst performer among the top ten stablecoins.World Liberty Financial's USD1 fell by 4.59%, while Sky's DAI decreased by 0.43%. Global Dollar's USDG rose by 9.08% over the past week, reaching a market cap of $3.164 billion, the highest gain among the top ten stablecoins. PayPal's PYUSD increased by 1.60% to $2.877 billion, while Circle's USYC and BlackRock's BUIDL decreased by 3.64% and 8.68%, respectively.
: According to on-chain analyst EmberCN's monitoring, 20 minutes ago, the WLFI treasury address transferred 170 million WLFI to Binance, worth $10.22 million. This transfer is expected to be the interest payment for the seventh month of USD1 financial management. The sixth month's USD1 financial management activity expired on the 10th. Over the past 7 months, WLFI has spent 1.37 billion WLFI on Binance's USD1 financial management activities, worth $127 million.
Odaily reports, according to onchain analyst Ai Yi's monitoring, the WLFI team (0xFef...b14B) has once again deposited 177 million tokens, worth $9.73 million, into Binance; Binance USD1 staking and wealth management activities will be renewed again.
According to on-chain analyst Ai Aunt (@ai_9684xtpa), the WLFI unlock activation portal has been open for two weeks. So far, 45.9 billion $WLFI tokens have been transferred into the unlock contract, representing 73.8% of the total unlock schedule, with a total value of $2.81 billion. The WLFI team and related stakeholders have burned 3.2 billion WLFI tokens, valued at $194 million.
According to CoinDesk, Bitcoin held steady near $76,800 on Tuesday, while Ethereum edged down 0.1%. Major altcoins continued weakening following Monday’s sell-off. Traders are closely watching Bitcoin’s monthly close above $76,000—Tom Lee, Chairman of Bitmine, previously stated that a monthly close above this level would confirm a bull market. The WLFI token fell 3.3% after its treasury firm, AI Financial, warned it may not remain solvent through year-end; the token has declined roughly 77% since its September launch. CoinMarketCap’s “Altcoin Season” index retreated to 33/100 after briefly surpassing 50/100 last week. In the derivatives market, total futures notional trading volume rose from $159 billion to $201 billion, open interest remained around $126 billion, and liquidations dropped from over $600 million to $294 million—indicating an orderly market adjustment rather than forced deleveraging. Ethereum’s 30-day implied volatility hit a year-to-date low, while the Bitcoin Volatility Index held near its low of ~40%, suggesting the current sell-off is relatively orderly.
According to on-chain analyst Yujin’s monitoring, WLFI team-related addresses (founders/team members/advisors/partners) burned 100 million WLFI tokens—worth $6.68 million—over the past 19 hours. Four WLFI team-related addresses transferred 1 billion WLFI tokens into the unlock vesting contract and subsequently burned the corresponding 10% of WLFI.
according to on-chain analyst Ember's monitoring, WLFI team-related addresses (founders/team members/advisors/partners) have burned 100 million WLFI tokens valued at $6.68 million in the past 19 hours. Four WLFI team-associated addresses transferred 1 billion WLFI into the unlock vesting contract and subsequently burned the corresponding 10% of WLFI.
according to on-chain analyst Ai Yi's monitoring, the WLFI team-linked address has transferred 833 million WLFI, worth $55.57 million, to the Unlock Contract (0x74B...9583) in batches over the past 24 hours. The funds originated from the WLFI multi-sig and Strategic Reserve addresses. This receiving address currently holds 17.82 billion WLFI, with a total value of $1.19 billion. It remains uncertain whether this is related to the proposal passed last week to unlock 62.2 billion WLFI tokens after two years. Over the past ten days, WLFI has risen from a low of $0.0512 to a high of $0.0763, a maximum increase of 49%, and is currently priced at $0.0672.
According to the official announcement, Binance has now completed the integration of USDC on the Starknet network and World Liberty Financial USD (USD1) on the AB chain, and deposits and withdrawals are now available.
According to a Reuters report, Nobitex—the largest cryptocurrency exchange in Iran—has processed at least approximately $2.3 billion in funds via the Tron and BNB Smart Chain networks since 2023. Some of these funds originated from the Central Bank of Iran (CBI), which is under U.S. sanctions, and are linked to other sanctioned entities, including the Islamic Revolutionary Guard Corps (IRGC), Hamas, and Hezbollah. Data from blockchain analytics firms Arkham and Elliptic, along with insights from multiple analysts, indicate that related transactions on Tron alone exceeded $2 billion, while those on BNB Smart Chain totaled approximately $317 million; tens of millions of dollars continued flowing even after hostilities erupted. The report notes that Tron was founded by Justin Sun, and BNB Smart Chain was launched by Binance; both blockchains intersect financially and governance-wise with World Liberty Financial—a crypto project led by Donald Trump. Since its founding in 2018, Nobitex’s sanctioned-related transactions have cumulatively amounted to at least approximately $366 million.