Data: Tokens such as RED, HYPE, and ENA will experience large unlocks next week, with RED unlocking worth approximately $6.2 million.

WLFI Threatens to File a Lawsuit Against Sun Yuzhou: “See You in Court.” Controversy Escalates After Token Contract Allegedly Hides a Blacklist Backdoor

The conflict between the crypto project WLFI supported by Trump’s family and Justin Sun escalates, with Sun accusing the WLFI token contract of containing a backdoor that freezes users’ funds. WLFI, in turn, refutes Sun’s claims as exaggerated. This dispute highlights the tension between crypto project governance and the principles of decentralization.

Pi Network PIRC baseline protection mechanism sparks controversy, implying a “quasi-stablecoin” logic

Pi Network member Daniel F raised a logical contradiction in the PIRC token design, noting that if it has a 23.8% floor protection, it would need to behave like a stablecoin, which conflicts with its high volatility on CEX. This floor is based on Pi’s price calculations; if Pi itself fluctuates significantly, it will be unable to effectively protect holders. Daniel emphasized the importance of transparency, but the project team did not respond to it, leading the community to continue speculating about the reasons for its silence.

Bittensor founder accuses former brother of betrayal; TAO’s sudden plunge sparks 9.1 million liquidations

Bittensor co-founder Jacob Steeves accuses Covenant AI’s Simon Dare of intentionally causing damage to the agreement, leading to a sharp drop in TAO tokens. Steeves proposes a locked-staking mechanism that uses on-chain code to enforce commitments and prevent founders from making sudden, surprise exits. Even as the crisis unfolds, Bittensor’s open-source architecture can still ensure the agreement continues to operate, and it is set to hold a meeting to introduce the new mechanism.

Aave Founder Unveils AWW Strategic Blueprint: Centered on $AAVE , Targeting a $1 Trillion Protocol Scale

Aave founder Stani announced on a social platform that Aave will pivot to $AAVE as its core token, with all revenue flowing back to the DAO treasury. In the future, it will launch a debit card and financial technology experience, aiming to increase the protocol’s scale from $40 billion to $1 trillion, positioning it as a foundational market for traditional financial assets.

Aave DAO backed a $25 million grant proposal through Aave Labs with an approval rate of about 75%

Aave DAO recently passed a proposal supporting Aave Labs with a $25 million grant, with a voting approval rate of about 75%. The proposal includes an immediate allocation of 5 million aEthLidoGHO tokens and a staged release of 20 million tokens, and it also sets aside 75,000 AAVE tokens for ecosystem support.

The first batch of Hong Kong “stablecoin issuers” has been released! “HSBC and JDC Point Financial Technology” were granted the license.

The Hong Kong Monetary Authority has announced the first batch of stablecoin issuer licenses. Only two companies have been approved: HSBC Bank and a point fintech led by Standard Chartered Bank. The license takes effect immediately. The companies are expected to begin operations within the next few months, marking an important milestone in Hong Kong’s digital asset development. The Monetary Authority’s Chief Executive said that stablecoin issuers, while ensuring safety, will promote financial innovation and the creation of economic value.