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Blockchain

WLFI’s DeFi credentials under fire after Sui partnership


Sui, a layer-1 blockchain developed by San Francisco-based Mysten Labs, announced on March 6 that it had partnered with World Liberty Financial (WLFI). As part of the deal, Sui’s native token, SUI (SUI), will be included in WLFI’s “Macro Strategy” strategic token reserve, and both entities will explore product development opportunities together.

WLFI, a decentralized finance (DeFi) protocol, has drawn controversy due to its ties to the family of US President Donald Trump. While WLFI insists that none of Trump’s family members hold an officer…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link