News

U.S. lawmakers, including Elizabeth Warren, are investigating a token-gated event, focusing on whether it involves influence trading and issues of economic interest. (Cointelegraph)

BlockBeats News, April 12 — In response to recent articles about WLFI published by Peter Girnus, who claimed to be a WLFI Web3 ambassador and sparked community discussions, WLFI stated, "After verification, the author is not a member of the WLFI team and has no connection with WLFI." WLFI CEO Zach Witkoff also publicly responded under the related tweet, saying, "Peter Girnus lacks understanding of basic facts. Clarification as follows: · World Liberty and the meme coin TRUMP have absolutely no relationship; · World Liberty has no connection with Fight Fight Fight or CIC Digital; · Our early holders bought in at $0.015 and $0.05, and the current price is $0.08; · Trading fees are not our main source of revenue; our core product is a stablecoin, and its yield comes from treasury assets. By trading volume and market capitalization, our stablecoin is the second largest GENIUS-standard stablecoin."

According to Golden Ten Data on April 12, a Bank of America research report released on Friday indicated that, for the United States, this year’s growth forecast has been revised down by 50 basis points to 2.3%, with the direct impact of war accounting for about three quarters of the adjustment. The overall inflation upward revision is 70 basis points; it is now expected that by the end of 2026, core PCE will be 30 basis points higher than previous predictions, reaching 3.1%. For the Eurozone, the bank revised its growth forecast down by 60 basis points and increased its inflation forecast by 160 basis points to 3.3%, with core inflation at 2.3%.