Trump’s Bitcoin-branded Sneakers Sell Out in Minutes

09/2024

Welcome to Weekly Comet, your go-to source for updates on cryptocurrency, meme coins, NFTs and much more.

• Brands needs to ‘jump in’ to succeed in Web3 (cointelegraph)  

• Tether reported $5.2B profit for the first half of 2024 (@tyler_did_it)  

• Large Bitcoin holders added $5.6B in BTC in July (coindesk)  

• Mt. Gox makes Bitcoin repayment to over 17000 creditors (bitcoinist)  

• Close to $1B altcoins unlocking in August (wublockchain)  

• Solana surpassed Ethereum in Monthly DEX trading volume (@wublockchain)  

• Bybit to exit from France’s market (decrypt)  

• Arbitrum-based DuelNow to lead decentralized betting (cointelegraph)  

• Trump campaign raises $21 million during Bitcoin conference (theblock)

• Taco Bell expands Voice AI Drive-Thru technology (deepnewz)  

• Amazon’s advertising business grew 20% in 2nd quarter (cnbc)

• Video game performers’ protest against unregulated AI use (washingtontimes)  

• ‘Urgent need’ for protection from deepfakes (cointelegraph)

• U.S. recognizes and supports the winner of the Venezuelan election (cnbc)  

• Coinbase Shares rise amid falling trading volume (coindesk)

• Japan stocks drop to an 8 months low after Wall Street sell-off (cnbc)

• NEIRO on ETH coin is heavily controlled (@bubblemaps)  

• Futurama can’t stop making fun of Crypto and NFTs (cointelegraph)  

• Notcoin launches Telegram game involving NFTs (theblock)  

• Will Milady flip BAYC in 2024? (waleswoosh)  

• 98.6% of Pumpfun memecoins fail to launch (cointelegraph)  

• RTFKT’s Project Animus NFTs revealed after 21 months wait (@tyler_did_it)  

• Solana released a ‘not your avarage crypto conference’ Breakpoint advert (solana)  

• Limited Edition ‘Bitcoin Sneakers’ listed on Trump’s site (coindesk)  

Developer Updates 🛠️

What went live this week:

📅 July 29: First 3-month engine locking period ended, earnings calculated and distributed
📰 Newsfeed: Community owners can now post messages and news articles
🔗 Collection addresses are now visible and linked
📤 New social sharing options: Farcaster and GitHub

What’s coming/cooking:

🔧 Galaxis Utilities: ERC-20 and NFT dropper
🏅 Vaults with digital redeemable badges
🔍 Display of all card modifiers (including inactive ones)
📊 Community owner statistics
♾️ Infinite Membership Cards (up to 4 billion)
🎨 More than 256 unique images on one layer.