Trump-backed WLFI spent $100m on crypto buys

World Liberty Financial, a DeFi project tied to President Donald Trump, spent $100 billion on a basket of cryptocurrencies shortly before the inauguration. The 47th U.S. President and his crypto team accumulated significant amounts of major cryptocurrencies via the decentralized financial platform World Liberty Financial (WLFI). WLFI’s on-chain address acquired approximately $47 million worth of […]

Major Bitcoin miners spent $3.6 billion on infrastructure

Bitcoin miners’ major player has announced their third-quarter financial report, resulting in billions of dollars in funding and spending. According to TheMinerMag, on Nov. 28, key players in the cryptocurrency and Bitcoin mining industry published their financial reports. Since the beginning of this year, most of the publicly traded companies have raised $5 billion in […]