An elite group of venture capitalists, business moguls and tech executives including Gemini co-founders Tyler and Cameron Winklevoss have contributed a combined $8.75 million to a new super political action committee (PAC) backing Donald Trump’s presidential campaign. Source
A total of $262 million has been staked on Polymarket’s presidential election contract, a record for crypto-based prediction markets, if not all prediction markets. The platform, founded four years ago, is riding high on enthusiasm for election betting, despite being closed off to the U.S. under a regulatory settlement. Source
Decentralized identity project Worldcoin has announced that it is extending lock ups for early investors and team members, the project’s native token (WLD) rose by 13% after the announcement was published. Source
Around 100 people donated crypto to his campaign between May and the end of June, per the Journal, highlighting a niche appeal. Far more people contributed to his campaign in more traditional forms, via credit cards and the like. The Trump campaign raised $331 in the second quarter. Source
Gains by NEAR (7.8%) and XRP (2.2%) buoyed the CoinDesk 20 Index in overnight trading. Source
Decentralized finance (DeFi) platform LI.FI protocol has been hit by an exploit worth around $8 million following a series of suspicious withdrawals, on-chain data shows. Source
Due to varying levels of liquidity, meme coins historically perform well during periods where BTC and ETH are rangebound near local highs and perform poorly when the wider market is tumbling. Dogwifhat, for example, rose by more than 60% in May, while BTC traded between $66,000 and $69,000. Source
The company’s previous proving system, Plonky2, was introduced in 2022 as “a single proving system focused on lightning-fast recursion by optimizing for hardware,” Polygon wrote in the press release, whereas Polygon Plonky3 is an “open-source toolkit that empowers ZK developers to build their own” virtual machines based on ZK cryptography. Source
The aggregate market cap of the fourteen bitcoin miners listed in the U.S. that the bank tracks rose 29% since the end of June, the report said. Source
SOL’s months-long triangular price consolidation could bring good news for the bulls. Source