WLFI borrowed $75M against its own token
Published: April 10, 2026
Duration: 10:01
BTC hits $73,035 (+1.7%). WLFI borrowed $75M against its own token. Justin Sun's position down $80M+. Trump's DeFi project is one bad candle away from a headline.
Today's key developments:
• World Liberty Financial borrowed $75M against its own token on a protocol its own advisor co-founded — and Justin Sun's frozen WLFI position is already down more than $80M.
• Coinbase CEO publicly backed the Clarity Act alongside Treasury Secretary Bessent, who called crypto skeptics "nihilists" in Senate testimony.
• Bittensor's TAO dropped 15% after Covenant AI publicly called the network "decentralization theater" and exited.
📰 Read the full Daily Pulse...
Today's key developments:
• World Liberty Financial borrowed $75M against its own token on a protocol its own advisor co-founded — and Justin Sun's frozen WLFI position is already down more than $80M.
• Coinbase CEO publicly backed the Clarity Act alongside Treasury Secretary Bessent, who called crypto skeptics "nihilists" in Senate testimony.
• Bittensor's TAO dropped 15% after Covenant AI publicly called the network "decentralization theater" and exited.
📰 Read the full Daily Pulse...