Daily | Mrs. Trump launches Meme coin MELANIA; WLFI sells an additional 5% of token supply; TRUMP coin purchase terms include class action exemption clause

Organized by: Fairy, ChainCatcher

Important information:

• Trump’s wife Melania Trump announces launch of personal meme coin $MELANIA
• Mintvest: Bitcoin asset management firm NYDIG acquires Coinmint for $200 million
• A CLASS ACTION WAIVER IS INCLUDED IN THE TRUMP COIN PURCHASE TERMS
• Trump’s encryption project World Liberty buys 5 domain names including 9290.eth
• WLFI: The first round of 20% of the token supply has been sold out, and it has been decided to sell an additional 5% of the token supply.
• Data: Today’s trading volume of 6 Hong Kong virtual asset ETFs is approximately HK$181 million

"What important events happened in the past 24 hours?"

[Solana experienced network congestion this afternoon and did not report

any transactions for more than 30 minutes during the peak period.](https://www.chaincatcher.com/article/2163644)

According to Cointelegraph, perhaps due to the continued popularity of the TRUMP coin, the Solana chain encountered network congestion this afternoon. No transactions were reported for more than 30 minutes during the peak period, but it has now returned to normal.

[Data: The Ethereum Foundation sold 100 ETH again for 336,000

DAI](https://www.chaincatcher.com/article/2163646)

According to monitoring by on-chain analyst Ember, the address 0xd77...1f4 used by the Ethereum Foundation to sell ETH in small amounts and at high frequencies sold 100 ETH for 336,000 DAI at a price of $3,364.

[Mintvest: Bitcoin asset management firm NYDIG acquires Coinmint for

$200 million](https://www.chaincatcher.com/article/2163632)

Mintvest, a company claiming to own 18.2% of Coinmint, filed a lawsuit against NYDIG in the U.S. District Court in Puerto Rico, TheMinerMag reported. The lawsuit alleges that based on "information and belief," NYDIG acquired Coinmint for $200 million but failed to pay Mintvest for its stake in the company. Mintvest demanded $36 million in compensation from NYDIG.

NYDIG declined to comment on the case and did not clarify its investment in Coinmint. However, recent developments suggest that NYDIG may be taking over idle power capacity at Coinmint facilities to expand its proprietary mining operations.

[Data: Today’s trading volume of 6 Hong Kong virtual asset ETFs is

approximately HK$181 million](https://www.chaincatcher.com/article/2163618)

Hong Kong stock market data shows that as of the close of trading, the trading volume of six Hong Kong virtual asset ETFs today was approximately HK$181 million.

in:

The trading volume of ChinaAMC Bitcoin ETF (3042.HK) was HK$144 million;

The trading volume of ChinaAMC Ethereum ETF (3046.HK) was HK$7.21 million;

The trading volume of Harvest Bitcoin ETF (3439.HK) was HK$14.95 million;

The trading volume of Harvest Ethereum ETF (3179.HK) was HK$1.3 million;

The trading volume of Boshi HashKey Bitcoin ETF (3008.HK) was HK$12.44 million;

The trading volume of Boshi HashKey Ethereum ETF (3009.HK) was HK$987,000.

[U.S. FDIC accused of omitting multiple crypto-related “suspension

letters” in Coinbase-backed lawsuit](https://www.chaincatcher.com/article/2163589)

The U.S. Federal Deposit Insurance Corporation (FDIC) is accused in a Freedom of Information Act (FOIA) lawsuit backed by Coinbase of omitting multiple cryptocurrency-related "hold letters" sent to banks. History Associates noted in a Jan. 17 report filed in federal court in Washington, D.C., that the FDIC "may have missed additional suspension letters" and plans to update the lawsuit based on this. A public report stated that the FDIC "systematically obstructed FOIA requests", resulting in at least 150 relevant documents not being handed over. 25 FDIC letters have been published recommending that financial institutions suspend cryptocurrency operations until regulatory reviews are completed, which the cryptocurrency industry views as an action to cut off banking services for related companies ("Operation Chokepoint 2.0").

Coinbase Chief Legal Officer Paul Grewal issued a statement on January 16 saying that the lawsuit seeks to obtain all suspension letters confirmed by the Office of the Inspector General, but alleges that the FDIC’s search scope is limited to the letters in the report, and there may be other omissions. Grewal added that when the FDIC was asked to correct and stop the word games, it was told it would take at least a year.

The FDIC responded in a January 17 status report that it had provided all relevant documents and conducted a search of correspondence shared with the Office of the Inspector General between March 2022 and May 2023, consistent with the FOIA request. History Associates has no reasonable basis to believe that letters outside this scope and time period are part of the original FOIA request, the agency said, adding that the letter requests are being reviewed expeditiously as separate FOIA requests.

[A CLASS ACTION WAIVER IS INCLUDED IN THE TRUMP COIN PURCHASE

TERMS](https://www.chaincatcher.com/article/2163582)

According to information from the TRUMP coin official website, the TRUMP coin purchase terms include a class action exemption clause.

The terms read: " To the extent permitted by law, investors participating in the purchase agree not to bring, join or participate in any class action lawsuit with respect to any claim, dispute or controversy brought by any insured, and investors agree to enter injunctive relief to stop such litigation or. Remove You as a Participant in the Proceedings. Investors agree to pay the attorneys' fees and litigation costs incurred by any insured in seeking such relief. An investor's filing, joining or participation in a class action lawsuit: (i) does not constitute a waiver of any of the investor's rights or remedies to bring claims individually, nor does it constitute a waiver of the class action in binding arbitration as described above; (ii) is an independent Agreement. Investors may opt out of these dispute resolution provisions by providing written notice of decision within thirty (30) days of the date of first accessing the Site."

[Robinhood will list

TRUMP](https://www.chaincatcher.com/article/2163580)

According to official news, Robinhood will list TRUMP.

[Trump’s encryption project World Liberty buys 5 domain names including

9290.eth](https://www.chaincatcher.com/article/2163566)

Information on the chain shows that the Trump encryption project World Liberty multi-signature address purchased the domain name 9290.eth again 10 minutes ago.

10 hours ago, this address purchased four ENS domain names: WorldLiberty.eth, trumpcoin.eth, erictrump.eth, and barrontrump.eth.

[Justin Sun invested US$45 million in support of WLFI, bringing the

total investment to US$75 million](https://www.chaincatcher.com/article/2163538)

TRON founder Justin Sun announced an additional US$45 million investment in World Liberty Financial (WLFI), bringing his total investment in the project to US$75 million.

[WLFI: The first round of 20% of the token supply has been sold out, and

it has been decided to sell an additional 5% of the token supply.](https://www.chaincatcher.com/article/2163529)

The Trump family encryption project World Liberty Financial (WLFI) officially announced that the first round of 20% of the token supply has been sold out. Due to strong market demand, the project team decided to sell an additional 5% of the token supply. The team is preparing to restart the sales process, and the specific sales time will be notified separately.

[Trump’s wife Melania Trump announces launch of personal meme coin

$MELANIA](https://www.chaincatcher.com/article/2163490)

Trump’s wife announced on her personal Twitter account that she would launch a personal meme currency, $MELANIA. Users need to visit the website with the domain name “Melaniameme.com” to obtain the meme. Subsequently, Trump’s truth social account forwarded it Posted on Melania Trump’s Memecoin.

[Vitalik: The Ethereum Foundation is exploring solutions to issues

related to staking its ETH](https://www.chaincatcher.com/article/2163658)

Vitalik Buterin, co-founder of Ethereum, posted on social media regarding the suggestion that "the Ethereum Foundation can pledge its ETH": "Historical concerns are: 1. Regulatory issues; 2. If the Ethereum Foundation pledges itself, this will actually forces us to take a stance on any future contentious hard forks.

There are fewer regulatory issues than before, but there are still problems with the Ethereum Foundation’s self-staking. There are definitely ways to minimize, and we've been exploring those lately. "

“What are some great articles worth reading in the past 24 hours?”

[Balaji Srinivasan: 17 thoughts on the first crypto

president](https://www.chaincatcher.com/article/2163551)

Overnight, the vast majority of the next U.S. president’s wealth ($59 billion) is now held in cryptocurrency. This phenomenon holds true even if the value of cryptocurrencies drops by 90%.

what does that mean?

1. First, cryptocurrencies jumped from maybe just 1% of President Trump’s assets to over 90%. Many early Bitcoin, Ethereum, and Solana holders experienced similar leaps in wealth.

2. Second, this phenomenon—the relative devaluation of all non-crypto assets—will become a shared reality for billions of people around the world in our lifetimes, as fiat currencies decline.

[Two days before taking office, Trump and his wife made $65 billion from

the currency circle](https://www.chaincatcher.com/article/2163539)

Early this morning, Trump’s wife Melania also released a meme coin of her own name, MELANIA. Good news, if you are awake and buy it, you will get ten times the currency. Bad news, all other currencies have fallen across the board, including TRUMP, which has been cut in half, and SOL, which has dropped to 235, not to mention other altcoins, which made the group of friends say, "Short selling is the only way to make stable money." Chance".

[The E person in Gemini, the source of Trump’s outrageous

actions](https://www.chaincatcher.com/article/2163635)

Even the old leeks who have experienced many battles in the currency circle said it was an eye-opener.

As the new president elected by the United States, he personally handed out coins two days before taking office. The meme coin TRUMP has become the most powerful celebrity coin in history. Within 24 hours of its launch, TRUMP currency quickly appeared on top trading platforms such as Coinbase and Binance, and its 24-hour trading volume exceeded 10 billion US dollars, making it the 24th largest currency of Bitcoin. More than three times the hourly trading volume.

There are some outrageous operations, but when it comes to Trump, an obscure 75-year-old man, it turns out to be somewhat reasonable. Some sharp-eyed community members even discovered that the currency price fluctuated hugely, and the K-line trend actually resembled Trump’s face.

Meme Hot List

According to the Meme token tracking and analysis platform GMGN market data, as of 19:50 on January 20:

The top five popular Ethereum tokens in the past 24 hours are: MELANIA , ELON , TRUMP , SOL , SPX

The top five popular Solana tokens in the past 24h are: TRUMP , MELANIA , BARRON , ELON , USA

The top five popular tokens in the past 24h Base are: AIXBT , BRETT, USD+, TOSHI, AERO