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Trump-Backed Crypto Project Secures 100K Signups for Token Launch

by Sham
October 14, 2024
in Crypto, DeFi
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Trump-Backed Crypto Project Secures 100K Signups for Token Launch
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  • Donald Trump-backed World Liberty Financial claims over 100,000 whitelist signups for its DeFi token launch
  • Vice President Kamala Harris vows to support a crypto regulatory framework to protect Black men who invest in crypto
  • CoinShares says a political shift toward Republicans drove $407 million in net inflows into crypto investment products last week

The following are the top crypto news stories for today including Trump-backed DeFi project World Liberty Financial claiming over 100,000 whitelist signups, Kamala Harris vowing to support crypto regulations to protect Black men, and CoinShares reporting over $400 million in crypto fund inflows last week.

NEW: 🇺🇸 Donald Trump's DeFi project @worldlibertyfi has reported over 100,000 whitelist signups ahead of its token launch tomorrow pic.twitter.com/vJghElZKGo

— BlockNews.com (@blocknewsdotcom) October 14, 2024

World Liberty Financial Claims Over 100,000 Whitelist Signups

World Liberty Financial, the DeFi project backed by Donald Trump and his sons, claims to have attracted over 100,000 whitelist signups ahead of its token launch. The project added Paxos co-founder Rich Teo and plans to launch a lending platform similar to Aave on Scroll. The public token sale starts Tuesday.

Kamala Harris Supports Crypto Framework to Protect Black Men

Vice President Kamala Harris has unveiled a plan to support a cryptocurrency regulatory framework to protect Black men who invest in crypto. The proposal is part of her Opportunity Agenda for Black Men. However, some critics argue the focus should be broader.

Political Shift Drove $407 Million in Crypto Fund Inflows

Global crypto investment products saw $407 million in net inflows last week driven by a political shift toward Republicans ahead of the US election, according to CoinShares. US-based funds dominated the inflows, likely due to the perceived Republican support for crypto.

Hyperliquid Announces Upcoming HYPE Token Airdrop

The newly formed Hyper Foundation announced the upcoming launch of Hyperliquid’s native HYPE token ahead of HyperEVM’s mainnet. Eligible users can get the tokens and a Hypurr NFT in the genesis distribution. The airdrop date is still TBA.

Bitcoin Search Volume Hits 1-Year Low Despite Price Gains

Google relative search volume for “bitcoin” has hit its lowest weekly level in a year despite bitcoin’s 145% price gain over the same period. Interest in topics like memecoins is increasing again.

Conclusion

Those are the top crypto stories for today. The key themes include major project updates, regulatory developments, market trends and more. The crypto space continues to rapidly evolve.

Tags: CoinSharesCrypto RegulationsKamala HarrisWorld Liberty Financial
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