Hyperliquid prepares NEW Stablecoin. $530mil ENA Treasury. WLFI Blacklists Justin Sun - Sunday (9/7)

Project News- - StablecoinX is merging with special purpose acquisition company TLGY Acquisition Corp., with the new combined entity to be named StablecoinX Inc. and listed on Nasdaq. The newly formed StablecoinX Inc. has secured an additional $530 million in funding to build a treasury of ENA, the native token of the Ethena synthetic dollar protocol. - Financial firm World Liberty Financial (WLF) blacklisted a wallet belonging to its investor, Tron founder Justin Sun, freezing approximately $107 million in WLFI tokens. WLF stated it blacklisted hundreds of wallets to protect users from phishing attacks that compromised wallets prior to the project's WLFI token launch. Out of 272 blacklisted addresses, approximately 215 were linked to phishing attacks. - Hyperliquid is preparing to launch its own native U.S. dollar-pegged stablecoin, USDH. Hyperliquid has reserved the USDH ticker, but the launch requires approval through an on-chain governance process conducted by the DEX's validators. International Regulation- - Kazakhstan's financial regulator, AFSA, launched a pilot program allowing firms within the Astana International Financial Centre (AIFC) to pay regulatory fees using U.S. dollar-pegged stablecoins like USDT and USDC. Crypto exchange Bybit is the first company to participate, offering a payment solution and stablecoin wallet. The participating exchanges will act as agents to process the stablecoin payments, converting the cryptocurrency into fiat currency before depositing the funds into the AFSA's account. Disclaimer: Risks Associated with Cryptocurrency Trading This information is provided for general informational purposes only and does not constitute financial, investment, legal, or other professional advice. Engaging in cryptocurrency trading carries significant risks, and it is imperative that you understand and acknowledge these risks before participating in any such activities. By considering or engaging in cryptocurrency trading, you acknowledge and agree to the following: High Volatility and Price Fluctuations: Cryptocurrency markets are notoriously volatile. Prices can fluctuate dramatically and rapidly, often experiencing sudden and substantial drops or increases. This volatility can lead to significant financial losses in a very short period. Risk of Capital Loss: Trading cryptocurrencies involves a high risk of losing your entire invested capital. There is no guarantee that the value of your digital assets will appreciate, and you may lose more than your initial investment, especially when utilizing leverage. Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving and varies significantly across jurisdictions. Changes in regulations, including outright bans, can have a substantial negative impact on the value and usability of cryptocurrencies. Cybersecurity Risks: Cryptocurrencies are stored and transferred digitally, making them susceptible to cybersecurity threats such as hacking, phishing, malware, and other malicious activities. The loss or theft of your digital assets due to security breaches is a significant risk. Technological Risks: Cryptocurrency networks rely on complex underlying technologies (e.g., blockchain). Technical failures, bugs, network congestion, or other technological issues can disrupt trading, delay transactions, and lead to financial losses. Liquidity Risks: While some cryptocurrencies have high liquidity, others may not. Illiquid assets can be difficult to sell quickly at a fair price, potentially leading to losses if you need to exit a position rapidly. Market Manipulation: Cryptocurrency markets can be susceptible to various forms of manipulation, including "pump and dump" schemes, spoofing, and wash trading, which can artificially inflate or deflate prices. Lack of Investor Protection: Unlike traditional financial markets in many jurisdictions, cryptocurrency trading often lacks the same level of regulatory oversight and investor protection schemes (e.g., deposit insurance) that might cover losses in other asset classes. Personal Responsibility: You are solely responsible for conducting your own research, making independent investment decisions, and assessing the risks associated with cryptocurrency trading. Do not rely on any information provided herein as a substitute for professional financial advice. We strongly advise you to seek independent financial advice from a qualified professional before making any investment decisions related to cryptocurrencies. Only invest what you can afford to lose. Cryptocurrency Market Trade Aggregator ➡️ https://aggr.trade/ News Aggregator & Cryptocurrency Index Charts ➡️ https://www.tradingview.com/ Tags : #cryptocurrency #bitcoin #trading #investing #blockchain #ethereum #btc #cryptotrading #invest #investment #trader #finance #defi #altcoins #crypto