Investors

TRON founder Justin Sun has become an advisor to Donald Trump’s crypto venture, World Liberty Financial Inc. (WLFI), after investing $30 million as its largest backer. Was his investment key to securing the role?

Justin Sun’s $30 million investment in Donald Trump’s DeFi platform, World Liberty Financial, revitalises the struggling WLFI token, which had raised just $21 million of its $300 million goal due to restrictive investor terms.

A BBC investigation links Logan Paul to undisclosed crypto wallet transactions, sparking controversy. Attempts to interview him were thwarted by a lookalike and a staged protest, leaving questions about whether he is a calculated manipulator or an unwitting participant.

The FTX bankruptcy estate claims SBF’s $1.76 billion repurchase deal with Binance in July 2021 was a fraudulent transfer due to FTX’s insolvency. The lawsuit seeks to recover billions for FTX creditors, alleging the transaction was fraudulent.

Delabs Games, creator of Rumble Racing Star, is diving into Telegram’s TON ecosystem with a Ragnarok release in Q1 2025, followed by Boxing Star in Q3—broadening its gaming presence and fan engagement on the platform.

At this year’s Singapore FinTech Festival, Coinlive explores ZKPAY, an innovative payment method by PlatON, an open financial infrastructure led by the LatticeX Foundation. Using ZKP technology, it enables transactions independent of traditional banking systems and Visa's authentication, enhancing security, privacy, and transaction efficiency.

FTX’s $228 million settlement with Bybit moves it closer to repaying former customers, with plans to distribute $12.6 billion within 60 days of a pending effective date.

In the final months of 2024, global oil markets are confronting a complex and volatile landscape. Despite the Organization of Petroleum Exporting Countries (OPEC) efforts to manage output, an oversupply in several key regions is becoming increasingly apparent. Analysts are issuing bold estimates for how this oversupply could shape the market as the year comes to a close, with potentially far-reaching implications for both producers and consumers.

China's economy has been grappling with a sharp deceleration in growth, and the latest data has reinforced the need for immediate intervention. The third quarter of 2024 saw the slowest economic expansion in six quarters, with GDP growth at 4.6% year-over-year. This brings overall growth for the first nine months of 2024 to 4.8%, teetering on the lower end of the government’s annual target of around 5%.

Amazon Web Services (AWS) is making a bold move into the nuclear energy sector with plans to invest over $500 million across three new projects in Virginia and Washington state. As AWS expands its cloud computing services and its focus on generative AI, the demand for clean, reliable energy is becoming paramount. Nuclear power, with its carbon-free output, is a key part of Amazon’s broader goal of achieving net-zero carbon emissions.