False promise of Emirati visa through TON staking

False promise of Emirati visa through TON staking

A media frenzy shook the crypto community after news broke that a $100,000 investment in Toncoin, locked for three years along with a $35,000 fee, would grant a Golden Visa in the United Arab Emirates. The offer, promoted by several influential figures linked to the TON Foundation, caused Toncoin’s price to spike by more than 12%.

However, UAE authorities quickly denied the claim. Regulators made it clear that no cryptocurrency—including TON—qualifies for a Golden Visa. Official eligibility criteria only apply to well-defined profiles like entrepreneurs, real estate investors, scientists, or renowned artists. Authorities also clarified that the TON project is neither regulated nor locally registered, calling the offer non-compliant with current laws. Following this denial, Toncoin’s price quickly corrected, erasing much of its earlier gains.

This case highlights once again the power of viral announcements in the crypto world, where market movements can be influenced in seconds. It also underscores the risks of aggressive marketing built on vague or unfounded legal promises.

Is the WLFI token coming soon?

The Trump family is preparing to launch a token called WLFI, linked to World Liberty Financial. The initiative, mentioned by Donald Trump Jr. during an online public consultation, aims to gauge crypto community interest for a private sale ahead of the official launch. The WLFI name appears to refer to “We Love Freedom, Inc.,” the family company.

The project is positioned as a utility token, potentially usable for purchasing official merchandise, accessing private events, or participating in exclusive content reserved for holders. However, the actual benefits remain unclear, and no legal or technical documentation has been released so far.

This move comes as the Trumps aim to capitalize on their crypto audience. They’ve been exploring digital products for months, and WLFI looks like a test run to measure community engagement.

Critics point to a lack of transparency. Some observers believe this is more of a PR exercise and a disguised fundraising effort, without real innovation or utility. The confidentiality surrounding terms, quantities, and pricing raises concerns.

It remains to be seen whether WLFI will go through a presale or airdrop, and under what legal conditions—especially regarding compliance with securities regulations. Much will depend on the release of a full whitepaper and clarity on token issuance.

Nvidia becomes first company to reach $4 trillion valuation

Nvidia just made history by surpassing the $4 trillion market cap milestone, a global record that confirms the semiconductor giant’s dominance in the age of artificial intelligence. In just two years, the company has quadrupled in value, driven by soaring demand for its AI-focused chips, used by data centers, research labs, and leading tech firms.

This new market peak strengthens Nvidia’s lead over Apple and Microsoft, placing it at the heart of the S&P 500 index, where it now represents nearly 7%. CEO Jensen Huang, whose net worth now exceeds $140 billion, embodies this meteoric rise built on computing power and innovation.

Investor enthusiasm stems from the explosive growth of generative AI and governments’ efforts to secure sovereign infrastructure in this field. However, caution is advised. With a very high valuation multiple and heavy reliance on AI, Nvidia is vulnerable to market corrections or geopolitical tensions, particularly with China. The U.S. is already restricting some key exports, which could limit Nvidia’s growth in crucial markets.

Phantom integrates Hyperliquid directly into its wallet

The popular Phantom wallet has rolled out a groundbreaking new feature: perpetual futures trading directly within the app, thanks to a partnership with Hyperliquid. This integration enables European users to access crypto derivatives without moving funds to a centralized exchange.

Users can now open leveraged positions up to 40×, with advanced features like stop-loss, take-profit, and real-time alerts. Everything is non-custodial, meaning users retain full control of their private keys.

Hyperliquid is already well-regarded in the ecosystem for its speed, zero gas fees, and massive trading volume—over $1.5 trillion in the past 12 months. This choice reflects Phantom’s ambition to make advanced trading as intuitive as sending a token from a wallet.

This update marks a shift in the mobile DeFi experience, lowering the technical barrier while preserving user autonomy. Phantom aims to become a true crypto super-app—combining asset management, dApps, NFTs, and now, derivatives.