Justin Sun's World Liberty Fight Stays in Public Court, For Now
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World Liberty Financial launches USD1-denominated RWA perpetual markets for gold, oil, and global equities, backed by 250 million $WLFI and $12.5 million USD1 to drive liquidity |source: Twitter
BWENEWS AI: World Liberty Financial launches USD1-denominated RWA perpetual markets for gold, oil, and global equities, backed by 250 million $WLFI and $12.5 million USD1 to drive liquidity |source: T...
Trump-Linked World Liberty Gets Conditional Bank Charter for USD1 Stablecoin
The proposed World Liberty Trust Company would take over issuance of the USD1 stablecoin from BitGo.
Justin Sun has staked $430 million in Ethereum on Lido, yielding an annualized return of approximately $9.5 million.
According to Odaily Lens monitoring, Justin Sun Sun has been continuously staking ETH through Lido Finance. 23 hours ago, Justin Sun staked another 13,000 ETH, worth approximately $23.08 million, bringing his total staked ETH on Lido to 247,436 stETH, currently valued at approximately $430.2 million. Data shows that since February 2023, this staking position has generated a total of 11,307 stETH staking profits, worth approximately $26.82 million. Based on the current profit level, Justin Sun position has an annualized return of approximately $9.5 million.
Justin Sun: The BitTorrent team has completed the BTTC cross-chain bridge decommissioning plan, and all funds are safe.
PANews reported on July 8th that Justin Sun posted on the X platform: "The BitTorrent team has informed me that they have completed the BTTC Bridge Sunset Program. Going forward, the BitTorrent team will focus more on decentralized AI and the maintenance of the BitTorrent decentralized protocol. All funds are safe, and users can continue to deposit and withdraw BTTC Bridge funds through partner centralized exchanges."
The Supreme Court of South Korea seeks public comment on rules for civil enforcement of virtual assets.
PANews reported on July 6th that, according to Digital Asset, the South Korean Supreme Court issued a legislative notice on July 2nd regarding partial amendments to the Civil Enforcement Rules, establishing regulations for the enforcement of civil judgments related to virtual assets. Following a public consultation, the amendments will take effect on October 1st. The amendments cover the enforcement and realization of claims for the transfer of digital assets, as well as the enforcement and realization of the digital assets themselves. Once a court seizure order takes effect, third-party debtors are prohibited from transferring assets to the debtor, and the debtor is also prohibited from disposing of related rights. The seizing creditor can apply to the court to require the third-party debtor to state whether they acknowledge the claim and its specific details. Seized assets can be realized through transfer or sale orders. Sales can be conducted through entrusting virtual asset businesses, transferring assets to an enforcement officer's account before sale, or exchanging them for easily liquidated digital assets before sale.
Predict.funWorld Cup Knockout Stage: England's chances of advancing are close to 90%, while the Democratic Republic of Congo only has 12% market support.
According to BlockBeats, on July 1st, data from the prediction market platform [_2024111120230_] shows that in the 2026 USA-Mexico World Cup Round of 32 knockout stage, England will face the Democratic Republic of Congo. As of press time, the market gives England an approximately 89% probability of advancing, while the Democratic Republic of Congo has an approximately 12% probability. Traders generally favor the "Three Lions" to advance to the next round. It is worth noting that England advanced strongly with an unbeaten record of 2 wins and 1 draw in the group stage, while the Democratic Republic of Congo returns to the World Cup stage after 52 years and has historically reached the knockout stage. Although there is a significant gap in strength between the two sides on paper, the Democratic Republic of Congo previously drew 1-1 with Portugal in the group stage, demonstrating impressive defensive resilience and the potential for an upset.