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Crypto News Summary June 1
Crypto News Summary June 1: Cash App's fee-free USDC transfers to 59M users drove the top adoption story, while XRP and WLFI remained secondary themes.
WLFI Price Prediction 2026 to 2030
WLFI's 2026-2030 outlook hinges on turning political attention into lasting on-chain demand while avoiding hype fades, regulation risks, and token unlocks.
WLFI Threatens Justin Sun With Court Fight
WLFI threatened Justin Sun with legal action Sunday after he alleged deceptive onchain moves and frozen funds in a widening $75M DeFi loan feud.
WLFI Hits New Low on Token Loan Fears
Trump-linked WLFI hit a record low Saturday after onchain data showed it used its own token as collateral to borrow $75M in stablecoins.
WLFI Unlock Vote Turns to Phased Release
WLFI plans a phased token unlock after holder backlash, replacing a full release with a governance vote next week and slower vesting.
Justin Sun's Locked WLFI Bags Sink $80M
Justin Sun's locked WLFI position is now down $80 million as the token fell 10% after the project allegedly used WLFI as collateral to borrow stablecoins.
WLFI Borrowed Millions From Advisor Linked Protocol
WLFI allegedly borrowed about $75M in stablecoins against its own token on Dolomite, draining the USD1 pool to full utilization and stalling withdrawals.
WLFI holders approve staking-based governance reset as 2.7B tokens back World Liberty Financial revamp with 99.12% ‘yes’
WLFI holders approved World Liberty Financial's governance reset: 99.12% yes, 2.7B tokens, crushing quorum, shifting to staking-weighted voting with USD1 rewards.
WLFI Warning: Team Dumps $1.74M in Tokens as Charts Signal 25% Downside
WLFI faces pressure as Trump-linked World Liberty Finance wallets reportedly sold $1.74M in tokens; volume spiked and charts warn of 25% downside risk near-term.
WLFI Proposes 180-Day Staking Lockup to Curb Short-Term Votes and Rebalance DAO Governance Power
WLFI proposes a 180-day staking lockup to unlock voting power, curbing rent-a-vote tactics and shifting DAO control to long-term holders but may test quorum.
Trump-Linked WLFI Stablecoin Briefly Depegs as Team Claims ‘Coordinated Attack’
Trump-linked WLFI stablecoin briefly depegged below $1, then recovered as the team blamed a coordinated attack, highlighting liquidity risks in thin markets.