Daily | Binance Megadrop will launch KernelDAO (KERNEL); the Trump family holds at least 60% of WLFI through a new holding company
Reprinted from chaincatcher
04/01/2025·1MCompiled by: Jerry, ChainCatcher
Important information:
- The Trump family holds at least 60% of WLFI through new holding companies
- zkLend hacker mistakenly clicked on a phishing website, resulting in 2930 ETH stolen money being stolen
- South Korean CEXs such as Upbit and Bithumb terminate Loom Network (LOOM) transactions
- Binance C2C adjusts T+1 withdrawal mechanism
- Backpack completes the acquisition of FTX EU and starts the user funds return process today
- Binance Megadrop will launch KernelDAO (KERNEL)
- Analysis: Binance Wallet's next issue of new currency IDO is suspected to be PUMP
“What important events have happened in the past 24 hours”
The Trump family holds at least 60% of WLFI through new holding companies
According to The Block, the Trump family appears to be strengthening control of WLFI. WLFI was announced before Trump took office, but is still in development. The Trump family further consolidated control of World Liberty by establishing WLF Holdco LLC in January, according to a report released by Reuters on Monday. Among them, DT Marks DeFi LLC is an affiliated entity of Trump and some of his family members, holding 60% of the shares of the new company WLF Holdco LLC, which holds the sole membership of WLFI and is responsible for overseeing the development and operation of the WLFI governance platform. While the remaining 40% of the attribution is unclear, the adjustment makes WLFI co-founders Zak Folkman and Chase Herro no longer seem to be the "controllers" of the platform.
So far, WLFI has raised a total of US$550 million by selling WLFI tokens to qualified investors in the United States and non-qualified investors around the world. According to documents released at the time of launch, the Trump family could earn 75% of the net income from this portion of sales.
According to the monitoring of Slow Fog Chief Information Security Officer @im23pds, the zkLend hacker (the original case occurred in February) accidentally clicked on the phishing website while trying to use Tornado Cash, and 2,930 ETH's stolen money were stolen by the phishing website.
South Korean CEXs such as Upbit and Bithumb terminate Loom Network (LOOM) transactions
South Korean crypto trading platforms Upbit and Bithumb also issued an announcement stating that they will terminate the Loom Network (LOOM) transaction. Officials say Loom Network (LOOM) has been removed from the DAXA (Korea Digital Asset Trading Platforms Association).
After a comprehensive review of the Foundation's public disclosure and the authenticity and sustainability of the business, it was decided to terminate the transaction support because LOOM did not meet the standards for maintaining transaction support.
The transaction (buy/sell) termination date and time is temporarily set at 15:00 on Wednesday, May 7, 2025.
Binance C2C adjusts T+1 withdrawal mechanism
According to Binance's official announcement, in order to better adapt to market demand, Binance C2C will adjust the T+1 withdrawal plan from April 1, 2025: Binance will increase the T+0 withdrawal limit of US$1,000 for all users based on the original T+1 withdrawal mechanism. If you do not have any assets in your Binance account, no matter how much you buy on the same day, you can only withdraw the amount of assets equivalent to US$1,000 on the day of buying. The remaining assets need to be withdrawn 24 hours after the order completion time. If your Binance account already has assets, an additional T+0 withdrawal limit of USD 1 equivalent assets will be added to the original C2C T+1 withdrawal limit. Any T+1 withdrawal restrictions will not be subject to any T+1 withdrawal restrictions when buying cryptocurrencies in C2C.
Backpack completes the acquisition of FTX EU and starts the user funds return process today
Backpack, a globally compliant crypto asset trading platform, announced the formal completion of the acquisition of FTX EU. From now on, Backpack EU has officially launched the asset recourse procedure and fund allocation process, and will provide original FTX EU users with clear and convenient fund return services to help users recover previously frozen fiat currency assets.
After the completion of this acquisition, Backpack will re-activate the license held by FTX EU and will provide a comprehensive cryptocurrency derivatives trading service within the EU in the future.
Binance Megadrop will launch KernelDAO (KERNEL)
Binance announced the fourth phase of Megadrop project as KernelDAO (KERNEL), a re-staking agreement that supports Kernel, Kelp and Gain. KERNEL's maximum supply is 1 billion pieces, and Megadrop rewards are 40 million pieces (4% of the total supply). The initial circulation volume was 162.3 million (16.23%).
Analysis: Binance Wallet 's next issue of new currency IDO is suspected to be PUMP
According to @ai_9684xtpa monitoring, the next issue of Binance Wallet's new currency IDO is suspected to be PUMP ( PumpBTC) .
Its expression is proved as follows:
1. Currently, the multi-sign address of the TOP3 holdings on the PUMP chain, 0xeCc starts with 50 million PUMPs. This address received 50 million KILOs 5 days ago, 50 million PARTIs 7 days ago, and 50 million BRs 12 days ago, all corresponding to the start time of the IDO of the new currency;
2. The previously discovered suspected Binance IDO deployment contract 0xe0C starts with the 0xe0C. After receiving the tokens, the multi-signature address will perform a series of operations such as "Update Signer Address / Set Pool / Transfer Ownership" for the same contract address, and the steps will be completely coincidental.
“What are some great articles worth reading in the past 24 hours”
Maven 11's growth is unique. This article will deeply analyze its unique investment style, team composition and investment map, and reveal the legendary journey of Maven 11.
zkLend Hackers were also stolen. Is it a bad guy or a self-directed or self-acted?
This April Fools' Day meme came out early in the morning: hackers were hacked, stolen ETH was fished. After zkLend hackers stole 2,930 ETH, they accidentally entered a phishing website and all funds were stolen.
Experienced a magnitude 7.7 earthquake, and the experiences of digital homeless people in Chiang Mai
There is no unified emergency plan, no drilled evacuation route, and every Web3 person working remotely is his own crisis manager.
Fink reveals the irrationality of the existing system and points out the new directions that technological and institutional innovations may bring.
VC Perspective: Hyperliquid Incident Tears CEX and DEX 's Secret War of Power
The Hyperliquid incident reveals the problems brought about by the concentration of validators’ power behind the so-called “decentralization” performance.
Meme Popular List
According to the market data of Meme token tracking and analysis platform GMGN , as of April 1, 19:50:
The top five popular Ethereum tokens in the past 24h are: CHARLIE, MIPRAMI, MOONKIN, SC, COMP
The top five popular tokens in the past 24h are: PIPE, REVS, COUNTRY, IMG, PEPE
The top five popular tokens in the past 24h Base are: GRK, VIRTUAL, PEPPER, COUNTRY, MOON
panewslab