Satoshi Nakamoto Identity Claimed, With Caveats
A new claim, originating from a Spanish language post, asserts the identification of Satoshi Nakamoto, $BTC's elusive creator. The claim includes an undisclosed caveat regarding the individual, group, and specific source. No immediate market reaction or $BTC sentiment shift was observed.
WLFI Protocol's Secret Blacklist Backdoor Leads to Legal Battle
WLFI Protocol faces a legal dispute after a hidden "blacklist" backdoor was exposed within its smart contract. This functionality, reportedly implemented before a token unlock, led to a confrontation with Justin Sun, whose entity, Blue Anthem, holds WLFI tokens. Sun publicly labeled a "freeze clause" a "secret backdoor," despite Blue Anthem's prior execution of the Token Unlock Agreement. Blue Anthem accumulated billions of WLFI tokens in 2024-2025, having initially invested $75 million in November 2024. WLFI Protocol alleges Sun's entity violated transfer rules, leading to the freezing of a wallet containing approximately $240 million in tokens. Both parties have filed lawsuits: Sun against WLFI for "freezing and extortion," and WLFI Protocol with a counter-suit in Florida accusing Sun of defamation.
MicroStrategy Becomes Top US Equity Issuer After Bitcoin Fundraise
Michael Saylor's MicroStrategy has become the largest equity issuer in the United States, raising capital this year specifically for Bitcoin ($BTC) acquisition. The company consistently accumulates $BTC, often using loans and advocating a “never sell” stance. Saylor recently stated that “$BTC capital gains fund $STRC credit dividends,” noting that a “$10B product needs ~$50B backing” and “top players run at $100B+.” Peter Schiff criticized Saylor's comments on $STRC dividends, labeling the structure a “Ponzi” and suggesting MicroStrategy might suspend payouts to protect its Bitcoin holdings. Conversely, a market commentator defended MicroStrategy's stock movements, asserting that sellers of $MSTR likely misunderstand the company's holdings.
A16z Closes Crypto Fund for Stablecoins
Andreessen Horowitz (a16z) closed a new crypto fund. This capital raise is designated for strategic investments across five stablecoins. The fund is 100% dedicated to crypto initiatives, with no pivot towards artificial intelligence projects.