Suspected WLFI Wallet Team Member Denies Proposal-Related Message Regarding "Aave Receiving 7% of WLFI Total Supply"
BlockBeats News, August 23, alleged WLFI Wallet team member Dylan_0x (@0xDylan_) posted a message denying the association with the "Aave to Receive 7% of WLFI Total Token Supply" proposal. Possibly influenced by this, AAVE fell from a high of $385.99 to $365, a short-term drop of over 5%.
Crypto KOL @Luyaoyuan1 shared his opinion on the event, stating, "I used to believe that Aave would long AAVE's trading with this 7% and 20% protocol revenue. But in the weeks before the WLFI announcement, I saw the weakness of AAVE/ETH and Aave's lagging price increase. There are precedents where if WLFI does not fork, they do not intend to give AAVE the 7% coins. There is no surprise, and there are precedents. SPK defaulted on the 10% revenue share and only gave 1% in the end, which was unresolved. During the WLFI public sale, they said it would be fully unlocked, and now it has changed to partially unlocked. AAVE has now become a foolish project deceived multiple times. If there is a breach, support AAVE in suing WLFI."
BlockBeats Note: There is currently no public channel to verify the specific identity information of Dylan_0x (@0xDylan_). Investors should be cautious in discerning and pay attention to asset protection.
You may also like

Exploring the ‘Super Cycle’ in Artificial Intelligence: Insights from Brad Gerstner
Key Takeaways The concept of a ‘super cycle’ in AI technology is gaining traction, spearheaded by industry experts.…

Children and Trump’s Investment Program: Billionaires’ Contributions to “Trump Accounts”
Key Takeaways: President Donald Trump has introduced the “Trump Accounts” program, massively funded by billionaires to provide financial…

Could Stablecoins Resolve U.S. Debt? Standard Chartered Predicts $1 Trillion in Treasury Demand
Key Takeaways Projected Growth: The stablecoin market could see its capitalization soar to $2 trillion by 2028, significantly…

Missouri Advances Bitcoin Reserve Bill to House Committee in Policy Push
Key Takeaways Missouri pushes HB 2080, aiming to establish a state-run Bitcoin Strategic Reserve Fund. The bill mandates…

Ethereum Faces $1,500 Downside as Vitalik Buterin Sells 9,000 ETH
Key Takeaways Vitalik Buterin’s recent sale of nearly 9,000 ETH has triggered concerns over Ethereum’s price stability, given…

Hong Kong to Connect New Digital Bond Platform With Regional Crypto Tokenization Hubs
Key Takeaways Hong Kong is pioneering the integration of its debt market with blockchain technology through a new…

Elon’s Grok AI Predicts the Price of XRP, Cardano, and Ethereum by 2026
Key Takeaways Grok AI forecasts significant price growth for XRP, Cardano, and Ethereum by 2026. XRP could see…

Anchorage Digital Confirms Its Stake in Strategy’s STRC – A Sign of Long-term Confidence
Key Takeaways Anchorage Digital has officially disclosed holding Strategy’s STRC perpetual preferred stock, reinforcing its strategic alignment within…

Bitcoin Price Prediction: Major Miner Expands in Texas: Is a Massive BTC Production Surge Anticipating?
Key Takeaways: Canaan Inc. has expanded its role from hardware selling to direct Bitcoin production by acquiring a…

Crypto Price Prediction Today 25 February: XRP, Solana, Bitcoin
Key Takeaways Bitcoin’s recent surge to $66,000 reflects a potential bullish trend bolstered by institutional interest and regulatory…

Bitcoin Climbs on Market Optimism Ahead of Trump’s State of the Union
Key Takeaways Bitcoin’s price surged over $2,000 to surpass the $66,000 mark following optimistic signals prior to Trump’s…

An AI Crypto Agent Accidentally Bestows Six Figures, Then a Twist of Fate Strikes
Key Takeaways: An AI crypto agent mistakenly sent 52.4M LOBSTAR tokens to an unintended recipient due to a…

XRP Price Prediction: Will Massive Whale Movements Lead to a Crash Below $1?
Key Takeaways Significant whale activity on Binance has seen the movement of over 31 million XRP, causing potential…

Arizona Just Named XRP in a State Crypto Reserve Bill — Is Government Adoption Beginning?
Key Takeaways Arizona’s Senate Bill 1649 proposes the inclusion of XRP and DigiByte, alongside Bitcoin, in a Digital…

Ethereum Secures FOCIL and Redirects $6.8M in ETH to Staking
Key Takeaways Ethereum’s Hegota upgrade in the second half of 2026 will integrate the FOCIL proposal, reinforcing censorship…

ZachXBT Insider Trading Report Targets Major Crypto Firm in 2 Days
Key Takeaways $6 Million in Prediction Market Activity: Trading volume related to the ZachXBT investigation has surpassed $5.6…

Bitcoin Bloodbath: $370M Liquidations as Corporates Defend $60K
Key Takeaways The crypto market faced a significant deleveraging event, with over $370 million in liquidations, particularly affecting…

Ethereum Co-Founder Vitalik Buterin Sells 10,000+ ETH Amid Price Decline
Key Takeaways Vitalik Buterin, Ethereum’s co-founder, has sold over 10,000 ETH as the cryptocurrency strives to maintain its…
Exploring the ‘Super Cycle’ in Artificial Intelligence: Insights from Brad Gerstner
Key Takeaways The concept of a ‘super cycle’ in AI technology is gaining traction, spearheaded by industry experts.…
Children and Trump’s Investment Program: Billionaires’ Contributions to “Trump Accounts”
Key Takeaways: President Donald Trump has introduced the “Trump Accounts” program, massively funded by billionaires to provide financial…
Could Stablecoins Resolve U.S. Debt? Standard Chartered Predicts $1 Trillion in Treasury Demand
Key Takeaways Projected Growth: The stablecoin market could see its capitalization soar to $2 trillion by 2028, significantly…
Missouri Advances Bitcoin Reserve Bill to House Committee in Policy Push
Key Takeaways Missouri pushes HB 2080, aiming to establish a state-run Bitcoin Strategic Reserve Fund. The bill mandates…
Ethereum Faces $1,500 Downside as Vitalik Buterin Sells 9,000 ETH
Key Takeaways Vitalik Buterin’s recent sale of nearly 9,000 ETH has triggered concerns over Ethereum’s price stability, given…
Hong Kong to Connect New Digital Bond Platform With Regional Crypto Tokenization Hubs
Key Takeaways Hong Kong is pioneering the integration of its debt market with blockchain technology through a new…