PoliFi Tokens Return to Business After Proof of DJT-Trump Link Fails to Materialize
Many PoliFi tokens fell more than 10% after claims emerged that the Trump campaign was behind the DJT token.
Election 2024
Biden Likely to Win Popular Vote, but Lose Presidency, Prediction Market Signals
Plus: $DJT believers dispute the resolution of a Polymarket bet, insisting the “preponderance of evidence” shows Barron Trump’s involvement.
Winklevoss Twins Say They Each Gave $1 Million to Trump Presidential Campaign
Gemini CEO Tyler and his twin brother Cameron Winklevoss, the company’s president, have made two of the first major presidential contributions from prominent crypto executives, favoring former President Donald Trump with $1 million each in support, Tyler explained Thursday in a extensive posting on X.
Jump Crypto Adds $10M to Industry’s U.S. Political War Chest, Raising PAC to $169M
Jump Crypto put another $10 million into the U.S. political action committee (PAC) that’s seeking to rush as many pro-crypto members into Congress as possible to achieve legislation the industry is after, a spokesman for the PAC confirmed.
Original TRUMP Token Struggles With Exchange Listings as DJT Rockets
Exchanges will list TREMP but not TRUMP, claiming the latter is “too political.”
Trump and Biden Likely Won’t Shake Hands at Debate, Prediction Market Says
Meanwhile, there’s a prediction market on whether the U.K. newspaper The Guardian will correct an article about prediction markets.
South Africa Re-Elects Cyril Ramaphosa of the ANC as President
South African president Cyril Ramaphosa of the African National Congress (ANC) party was re-elected on Friday, and will lead the country’s first multi-party coalition government.
ERCOT CEO: Texas’ Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
The Electric Reliability Council of Texas’ CEO said in Senate testimony that the state’s grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry.
EU Vote See Reelection of Some Officials With Key Roles in Bloc’s Crypto Journey
Among the MEPs retaining their seats is Stefan Berger, who steered the landmark MiCA legislation.
Crypto Remains Sidelined as EU Election Kicks Off
The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU’s landmark Markets in Crypto Assets legislation starts coming into effect.