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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Dai Truong Phat Education Group has attracted several million USD in foreign capital from Japan and Singapore. Related to the 3rd-grade computer science textbook containing a 'blacklisted web' link, Hue City Police's PA03 unit has intervened. The publisher confirmed the error appeared in 2022 print editions due to the learning-material…
The World Liberty Financial token (WLFI) fell sharply by 12% over a 24-hour period, reaching its lowest valuation since its 2025 launch. The token traded around $0.0818, extending weekly declines of 15% and monthly losses totaling 17%.
The selloff followed a CoinDesk investigation indicating that WLFI had pledged billions of its proprietary governance tokens as collateral within the Dolomite lending infrastructure. Using that collateral base, the initiative reportedly secured stablecoin loans, including USDC and its proprietary USD1 token, totaling tens of millions of dollars.
Blockchain intelligence from Arykham said a project-controlled wallet deposited 5 billion WLFI tokens as collateral on Dolomite, enabling approximately $75 million in stablecoin borrowings. After the borrowing, more than $40 million of the borrowed assets were moved to Coinbase Prime.
The scale of borrowing reportedly maxed out Dolomite’s available lending capacity. As a result, other protocol participants were temporarily unable to access their deposited capital, contributing to broader liquidity stress.
World Liberty Financial published a detailed response thread on X, describing the criticism as baseless fearmongering and stating that liquidation risks remain limited. The team said it could add collateral if volatility against its position increased.
Critics, however, argued that pledging additional WLFI tokens to support existing WLFI-backed positions—particularly where a WLFI advisor holds leadership on the platform—could increase circular risk rather than reduce it.
The controversy also intensified after Dolomite co-founder Corey Caplan was reported to serve in an advisory capacity for World Liberty Financial, raising questions about potential conflicts of interest.
Project disclosures indicated WLFI allocated $65.58 million toward repurchasing 435.3 million tokens over six months, at an average acquisition price of $0.1507. With market prices near $0.078, the buyback activity implies unrealized losses of roughly 48%.
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