**Finance Redefined: Weekly DeFi Insights**
**Trump Silent on Crypto Platform, Team Reveals WLFI Token**
Former President Donald Trump didn't mention World Liberty Financial during a recent event, but the team later announced the launch of a nontransferrable governance token, WLFI.
**House Republicans Push SEC for Clarity on Crypto Airdrops**
Lawmakers Tom Emmer and Patrick McHenry demand SEC Chair Gary Gensler clarify the agency's stance on crypto airdrops by the end of September, citing concerns over regulatory ambiguity.
**Ethena Labs Warns Users After Domain Hack**
Ethena Labs' website was compromised on Sept. 18. Users are advised to avoid the site until the issue is resolved. The protocol and customer funds remain unaffected.
**SEC Settles with Rari Capital**
The SEC has settled with Rari Capital over allegations of misleading investors and unregistered broker activity related to its DeFi pools.
**Tether's Market Share Soars**
Tether's USDT now controls 75% of the stablecoin market, up from 55% two years ago, reaching a supply of $118 billion.
**Banana Gun Users Lose $1.9 Million**
Users of the Telegram-based trading bot Banana Gun have lost nearly $2 million to attackers. Onchain security firm Cyvers reports at least 11 attackers involved.
**DeFi Market Overview**
Most top 100 cryptocurrencies ended the week in the green, with Nervos Network (CKB) and Celestia (TIA) leading gains.
Stay tuned for more DeFi updates next week!