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Trump Barely Mentions Crypto During Cryptocurrency Interview

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Trump Barely Mentions Crypto During Cryptocurrency Interview

Cryptocurrency enthusiasts tuned in to hear former President Donald Trump speak in an X Spaces event about digital currency and his own soon-to-launch crypto venture—but the president gave no details and spent about half the interview talking about the recent assassination attempt that took place in West Palm Beach, Florida.

The interviewer, the president of a cryptocurrency media startup called “Rug Radio,” spent the first portion of the broadcast asking Trump about Sunday’s incident, which Trump recounted in detail.

Over 16 minutes later, Trump finally addressed the topic of the broadcast.

“Crypto is one of those things we have to do,” Trump said. “Whether we like it or not, we have to do it.”

“You’re going to be happy, and you’re going to love your crypto,” he added. “And as long as you have your crypto, you’re happy.”

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Trump gave almost no details about his new crypto venture, World Liberty Financial. But more than two hours into the broadcast, some of the company’s co-founders described it as a sort of crypto banking platform, CNBC reported. They said that customers will eventually be able to buy, sell, borrow and lend cryptocurrencies through the platform.

One of the founders, Zak Folkman, also announced the company would launch with its own cryptocurrency token—WLFI.

At least 20% of the initial tokens will be claimed by the company’s founders, 63% will be offered to customers and the remaining 17% will be saved and allocated as customer rewards, according to CNBC.

Trump talked at length about the influence of his sons, Don Jr., Eric, and Barron on the company, and said they had gotten him interested despite some healthy initial apathy toward the industry.

“I think my children opened my eyes more than anything else,” he said.

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“Barron’s a young guy, but he knows it. He talks about his wallet, he’s got four wallets or something… But he knows this stuff inside and out,” Trump said. “Eric and Don know it so well, it’s almost like younger people know it a lot better than older people. But I have a lot of respect for them, they’ve shown great judgment—all of them,” he added.

Steve Witkoff, the real estate developer who was golfing with Trump during the incident on Sunday, is reportedly also a key figure in the new venture—along with his son, Zach Witkoff.

A source told the New York Times that the elder Witkoff is taking a hands-on role in the company. He even sat next to Trump during Monday’s interview and answered his own series of questions after Trump signed off.

“I said, ‘Who would understand this better than the Trump family?’” Witkoff said. “We had a meeting initially with Eric, Don Jr., and the president and his counsel. And we said, ‘Let’s go pursue it.’ We’ve been on it for close to nine months.”

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Cryptocurrency News Live Updates: Bitcoin, Ethereum prices today; memecoin, other token updates

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Cryptocurrency News Live Updates: Bitcoin, Ethereum prices today; memecoin, other token updates

Several cryptocurrencies have experienced significant losses over the past week. Here’s a summary of the top losers:

MerlinStarter (MSTAR): Price is at $0.001935, with a circulating supply of 603,312,500. MSTAR has seen a 7-day decrease of -54.33%. Its market cap is $1,172,535.24, with a 24-hour volume of $582,463.92.

Polyhedra Network (ZKJ): Currently priced at $0.2209, ZKJ has a circulating supply of 292,861,111. It has decreased by -37.3% over the last 7 days. Its market cap is $63,922,251.97, with a 24-hour volume of $38,608,983.31.

Elderglade (ELDE): Trading at $0.01706, with a circulating supply of 84,000,000. ELDE has fallen by -34.83% in the last 7 days. Its market cap is $1,428,301.8, with a 24-hour volume of $6,033,508.27.

Self Chain (SLF): Priced at $0.0835, SLF has a circulating supply of 167,000,000. The cryptocurrency has dropped -34.8% over the past 7 days. Its market cap is $13,908,033.85, and its 24-hour volume is $6,878,055.22.

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Bombie (BOMB): BOMB is priced at $0.000972, with a circulating supply of 9,000,000,000. The token has seen a -32.95% decrease in the last 7 days. Market cap stands at $8,849,717.79, accompanied by a 24-hour volume of $6,810,986.77.

AltLayer (ALT): Currently at $0.02626, with a circulating supply of 3,755,148,021.85. ALT has decreased by -32.55% over the last 7 days. Market cap is $98,644,804.69 and 24-hour volume is $24,463,959.34.

AVAIL Network (AVAIL): Trading at $0.02132, AVAIL has a circulating supply of 2,166,895,012. It shows a -29.57% change over the last 7 days. Its market cap is $46,236,581.05, and its 24-hour volume is $13,772,011.42.

Velar (VELAR): Priced at $0.003955. VELAR shows a -28.76% change over the last 7 days. Its market cap is $0, and its 24-hour volume is $191,064.28.

Subsquid (SQD): Currently at $0.15106, with a circulating supply of 586,317,237.5. SQD has decreased by -27.75% over the last 7 days. Market cap is $85,073,648.57 and 24-hour volume is $28,498,252.59.

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Assisterr AI (ASRR): Trading at $0.1519, ASRR has a circulating supply of 14,620,000. It shows a -27.35% change over the last 7 days. Its market cap is $2,208,102.59, and its 24-hour volume is $2,173,768.32.

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Lightchain AI Ramps Up Development on Decentralized Inference, Rewards, and Federated Training Systems – Press release Bitcoin News

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Lightchain AI Ramps Up Development on Decentralized Inference, Rewards, and Federated Training Systems – Press release Bitcoin News
Lightchain AI, the pioneering Layer-1 protocol fusing blockchain infrastructure with decentralized artificial intelligence, has announced the development of several new components aimed at scaling its vision of on-chain AI services.
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Local authorities freeze stolen cryptocurrency in money laundering investigation | eKathimerini.com

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Local authorities freeze stolen cryptocurrency in money laundering investigation | eKathimerini.com

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The Anti-Money Laundering Authority has taken a significant step in a complex investigation involving stolen cryptocurrency, marking the first time in Greece that crypto assets have been frozen and identified as proceeds of crime.

The case has drawn international attention, with the US Federal Bureau of Investigation (FBI) issuing a public alert confirming the freezing of suspicious digital assets.

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The investigation began last month when the Authority received information about a suspicious transaction involving a registered user on a Greek-based cryptocurrency exchange platform.

Further checks revealed that the user’s Ethereum wallet had received a large amount of digital currency,  which was later traced back to a major international theft.

The funds originated from the Bybit hack, disclosed in February, in which hackers stole approximately $1.5 billion worth of Ethereum – the largest theft of its kind to date. This incident surpassed the 2022 Ronin Network breach, in which $620 million in Ethereum and USD Coin were stolen.

Following the analysis, the Authority issued a Seizure Order for the wallet and the crypto assets it contained. The relevant documentation has been forwarded to the Prosecutorial Authority for further investigation.

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