Jul 22 2024 35 mins 1
23rd July: Crypto & Coffee at 8
🔴 Animoca Brands + TON Blockchain 🟢Tornado Cash - $2 Billion in 2024 😆 Kamala MEME Coin 👀 Elon Musk Laser Eyes Profile ❗
🔴 Animoca Brands’ Mocaverse, MOCA Foundation, and TON Foundation execute strategic partnership; MOCA Coin and Toncoin token swap
Animoca Brands' Mocaverse has partnered with the MOCA Foundation and TON Foundation to create an identity and reputation-based consumer network. They executed a $20 million token swap between MOCA Coin and Toncoin to boost ecosystem growth.
Key initiatives include:
- Integrating the Realm Network SDK into the TON Blockchain
- Hosting co-branded hackathons and an accelerator
- Utilizing joint airdrops to incentivize participation
🔴 Mocaverse will use Animoca Brands' network to provide content to the TON ecosystem, integrated with Telegram Messenger's 900 million users. A steering committee will oversee partnership initiatives.
🟢 In the first half of 2024, over $1.9 billion was deposited into the Ethereum mixer Tornado Cash (TORN). However, deposits slowed to $65.1 million in July, according to Flipside. Tornado Cash's total value locked (TVL) has grown significantly, starting the year at under 160,000 ETH and rising to nearly 168,600 ETH. This increase, coupled with asset value growth, means the protocol's TVL in U.S. dollars has risen from $374.4 million to $572.82 million, as reported by DeFiLlama. Info via Decrypt https://rb.gy/luc5sq
😆 Kamala Horris
- Solana-based Kamala token soars as Biden-Linked Meme coins tumble after race withdrawal. Kamala horris (KAMA) surged over 78% within 24 hours, while crypto coins linked to the Biden family saw a steep decline. This dramatic volatility followed Joe Biden’s announcement that he would be withdrawing from the 2024 presidential race. Info via Bitcoin.com here https://shorturl.at/THPOu
🟠 Elon Musk's recent addition of laser eyes to his profile picture, a popular symbol among Bitcoin enthusiasts, has sparked speculation about his possible involvement in the Bitcoin 2024 Conference in Nashville, Tennessee. Fox Business journalist Eleanor Terrett noted that Musk arrived in Tennessee on July 21, and hinted at his potential impact, suggesting, “I feel like the only person bigger than Trump that could break the internet at this point is Elon Musk.” This comment was in response to David Bailey, Trump’s campaign crypto aide and CEO of Bitcoin Magazine.
❗ Should such news pump the price? Is this a good example of sound money?
🟠 Two UAE news (See slides)
⚡ UAE, Seychelles sign MoUs to promote the use of local currencies, interlink payment and messaging systems Central Bank of The UAE
⚡ Boba Network and Brinc launch Boba Liftoff Accelerator to boost web3 startups with over $1 million in grants - Apply here https://lnkd.in/dm6M3fGg
For slides click here: https://rb.gy/gus08u
LinkedIn Profile: https://tinyurl.com/bdeevbru
Podcast Host: @black_incarnation
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