Yesterday was one of those days.
Family stuff, sick kids, some sports, and I even watched Real Madrid lose to Bayern Munich. Not ideal.
All in all, a packed schedule. No time to write.
I take pride in staying consistent all year. Still, once in a while life gets in the way.
That said, crypto never sleeps.
So today we’re back with a full update. We’ll cover the new tether wallet, the Trump meme gala, WLFI drama, and another exploit.
Let’s dive in.
1) Tether Wallet Launches for Direct Crypto Payments
Tether just made a big move.
The company launched a new self-custodial app called the tether wallet.
This wallet allows users to hold and send assets like USDT, USAT, gold-backed XAUT, and Bitcoin across multiple blockchains.
What makes it interesting?
First, it removes friction. Users can pay gas fees in the same asset they are sending. No need to hold separate tokens.
Second, wallet addresses become human-readable. Instead of long strings, you can send to something like “name@tether.me.” You can go and claim a name for yourself.
Much cleaner.
This launch signals a shift.
Tether is no longer just infrastructure behind exchanges. Now it is moving directly to users.
According to CEO Paolo Ardoino, this is the “People’s Wallet.” The goal is simple. Make crypto payments as easy as sending a message.
Under the hood, it builds on Tether’s Wallet Development Kit. That same tech already powers other apps like Rumble’s wallet.
Tether claims over 570 million users already interact with its ecosystem indirectly. Now they want those users inside their own app.
Big picture?
If the tether wallet gains traction, it could push stablecoin payments further into everyday use.
2) Airdrop Claims & Updates
Stay sharp here. Missing one update can cost you an entire airdrop.
Here are the latest:
- Genius S1 airdrop claim is live
- CARV S3 claim is live
- Jupiter active staking rewards Q1 claim is live
- Dreamcash S1 XP capped at 150M weekly
- Felix final points distribution announced
Keep Farming, Even in a Bear
Let’s be honest.
Airdrop farming is harder right now. Rewards are smaller. Competition is higher.
Still, this is where the groundwork happens.
You are building real onchain history. That matters for future allocations.
Even now, there are wins.
In March, I claimed both Based and Ethena S5. That added up to mid four figures.
Not life-changing money.
But enough to keep the engine running.
3) WLFI Unlock Schedule – What Is Going On?
World Liberty Financial just dropped one of the most controversial proposals we’ve seen.
The plan? Unlock 62.3 billion WLFI tokens.
These tokens were previously locked with no clear vesting timeline.
Now the structure changes completely.
Early supporters keep their full allocation. However, they face a two-year cliff followed by a two-year vesting period.
Meanwhile, insiders get a different deal.
Founders, team members, and advisors will burn 10% of their tokens. That equals around 4.5 billion WLFI.
In exchange, they unlock 40.7 billion tokens over five years, after a two-year cliff.
So what’s really happening?
Tokens that had no liquidity path suddenly become unlockable.
That changes everything.
Voting power is another issue.
The quorum sits at just 1 billion tokens. A small portion of insiders could push this proposal through.
Timing also raises eyebrows.
Recently, WLFI used 5 billion tokens as collateral on Dolomite to borrow $75 million.
Then came backlash.
Justin Sun publicly criticized the project. The token price dropped. Legal threats followed.
Now this unlock proposal enters the scene.
Not a great look.
Media Mentions
Our founder, Morten Christensen, an investor in WLFI, got quoted again.
This time by The Wall Street Journal and Bloomberg.
You can read the articles here:
4) We Qualified Again for the Trump Meme Gala
Yes, it happened again.
We qualified for the Trump meme gala at Mar-a-Lago.
At the beginning of this competition, we shared the playbook. Needless to say, we executed it.
The leaderboard competition lasted 32 days in total.
Our strategy? Simple.
We held an average of 5,000 $TRUMP tokens for about five days. At the same time, we hedged the position.
No price exposure.
The cost? Around $506 in funding fees.
So basically, $500 to have dinner with the president. Not bad.
Now everything is booked. Visa done. Flights ready. Hotel secured.
Looking forward to the event.
Who Will Be There?
Big names are expected:
- Mike Tyson
- Tony Robbins
- Paolo Ardoino (Tether CEO)
- Cathie Wood
- Tim Draper
Would be fun to shake hands with the Tether CEO. Maybe pitch an airdrop for the community.
Why Go?
People ask me this a lot.
Here’s the honest answer.
It’s about the experience.
Last year’s event was insane. Airdrop farming got me into a room with the US president.
That alone is worth it.
Also:
- Mar-a-Lago is a unique location
- Potential networking, even if small
- Good excuse to visit friends in Miami
- Tiny chance of getting tradable insights
Always put yourself in positions where opportunities can happen.
Even if they don’t.
If we do catch some alpha through the whispers, we will alert you first through X!
5) CoW Swap Hit by DNS Attack
After last week’s fake ledger app exploit. This week, CoW Swap was targeted by a frontend attack.
Hackers hijacked the DNS of swap.cow.fi.
Users were redirected to a malicious site.
The issue started around 14:54 UTC.
Security firm Blockaid flagged it quickly.
The protocol paused its backend as a precaution. Smart contracts remained safe.
Still, users who interacted with the site were told to revoke approvals immediately.
This type of attack targets domains, not contracts.
We’ve seen similar cases with other DeFi platforms recently.
Always double-check URLs. Catch up on our recent guide to safely claiming crypto airdrops.
6) Bybit Blocks Massive Fake Deposit Attack
Bybit just prevented a major exploit.
Attackers tried to fake deposits worth over 1 billion DOT.
The idea was simple. Trick the system into thinking funds arrived.
But no real assets moved.
Bybit’s system detected it in real time.
No user funds were affected.
The attack used complex transaction structures. Some transfers failed while others succeeded within the same batch.
This can confuse weaker systems.
Bybit claims its system checks every transaction at a deeper level. It verifies actual balance changes, not just surface data.
That’s the difference.
As blockchain systems grow more complex, attacks evolve too.
Security is becoming a real arms race.
This is why Bybit is one of the main CEXs we use daily.
Support Our Work
If you found this helpful, consider signing up on OKX or Bybit using our referral links. Your support keeps this content free and flowing.
Final Words
That’s it for today.
From the tether wallet launch to WLFI drama, the market stays active.
At the same time, airdrops continue. Even in slower conditions.
Stay consistent. Stay sharp.
And if you’re farming, keep going.
Your future self will thank you.
If you enjoyed this blog, you may want to check our other crypto news updates.
As always, don’t forget to claim your bonus below on OKX. See you next time!
Credit: Source link
