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- 🌶️ The Echoes of Elon Musk and Donald Trump interview
🌶️ The Echoes of Elon Musk and Donald Trump interview
Tether mints $1 billion
mentionmuch
August 13, 2024
The interview of Elon Musk and Donald Trump which we all have waited didn’t go as we expected. Why? Well, they didn’t mention crypto much. So these two persons from whom the whole crypto community expects so much didn’t move the markets. And traders dumped some of the MAGA tokens. Despite that, markets still range between the same lines.
Other topics you’ll find in today’s edition:
Mt. Gox money moves
Trump and Elon interview and its bets
Pump Fun and trading bots earned millions
and more…
📰 Crypto & Finance News
$2 billion worth of BTC from Mt. Gox was moved. Guessing it’s a BitGo wallet.
Tether Treasury mints $1 billion on Ethereum.
ezBTC and its founder lost around $9.5 million of users funds. The exchange went offline in 2022.
DRW Venture Capital reveals $150 million in Ethereum ETF investments.
🪂 Airdrops
KelpDAO Airdrop Gain Vault is live. Deposit ETH and farm & earn airdrops from different L2 protocols.
stDYM airdrop is live and an eligibility checker is available.
Earn airdrop points for Nifty Island by minting an exclusive pack by YOUNG & SICK. Only relevant if you are playing the game.
🤡 Degen Section
Plenty of bets were made on Polymarket on things that E. Musk and D. Trump will or will not say. Some of them were easy bets with lower odds, however, “tampon” have earned a bank for some.
And Traders dumped MAGA tokens after the Interview.
Pump Fun alternative on Tron called Sunpump Meme has been launched.
This bet on Polymarket went well. Too easy maybe?
🔒 Security
Armed bandits in Costa Rica stole $700,000 in Bitcoin from Israelis in a targeted attack, forcing them to transfer the funds at gunpoint.
Microsoft fixes some zero-day exploits. Maybe it’s a good time to update?
🦁 Alpha, Opportunities & Insights
📈 Other Metrics & Numbers
$115 million were bridged to Solana from all other chains, including $95 million from Ethereum.
Crazy numbers of Pump Fun. Consumer dissatisfaction grows.
In addition, trading bots on Solana made millions from fees as well.
😶🌫️ To Cheer You Up
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Disclaimer: The content of this newsletter is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and can involve significant risk. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. The opinions and information provided here are not a guarantee of future performance and should be considered carefully in the context of your personal financial situation.