Episode Details

27th May: Crypto & Coffee at 8

🔴 President Trump on Crypto 🟣 Uniswap Foundation Reveals Assets, 🛑Crypto Mining News from Abu Dhabi 🟢 Ethereum Foundation to Eigen Layer — What’s Going on

❗ Make Crypto Great Again

From Ethereum ETF approval via the Fit21 bill, Former President Donald Trump’s impact can be seen in the crypto world. He has doubled down on his support for crypto. He stressed via Truth Social that the United States must lead the charge, arguing, “There is no second place.” His newly launched crypto donation portal, accepts eight cryptocurrencies, including Bitcoin, Ethereum, Shiba Inu, Dogecoin, USDC, Ripple, and 1inch.

💯 He has pledged to commute Silk Road founder Ross Ulbricht’s life sentence to time served if he’s re-elected president. “If you vote for me, on Day 1, I will commute the sentence of Ross Ulbricht to a sentence of time served,” Trump said during his Saturday night remarks at the Libertarian National Convention in Washington, D.C. “He’s already served 11 years, we’re gonna get him home

🔴 Trump Coin 🚀

- After former President Donald Trump’s appearance at the Libertarian National Convention, the meme coin associated with his name, MAGA (TRUMP), has surged over 30% in the past day. Recent statistics reveal that the TRUMP coin is the top-performing cryptocurrency over the last 12 months, with an astounding 98,352.40% increase. Info via Bitcoin.com here https://tinyurl.com/29sw4u2h

🟣 Uniswap Foundation mentioned via Twitter (X) Summary Q1’2024 Financials here https://tinyurl.com/yc647p7c As of March 31, 2024, the Uniswap Foundation had $41.41 million in USD and stablecoins for grants and operations, plus 0.73 million UNI for employee token awards. The foundation planned to use $25.77 million for grants in 2024–2025, $2.94 million for previously committed grants, and $12.7 million for operational expenses through the end of 2025.

🔴Crypto mining news from Abu Dhabi

- The Abu Dhabi Agriculture and Food Safety Authority ADAFSA issued an advisory to farmers, prohibiting crypto mining on farms due to potential electricity bill spikes. Adafsa stated that such activity is a misuse of farms and violators will face fines of up to Dh10,000. Info via Khaleej Times here https://tinyurl.com/bdf97mbb

🟢 The Ethereum Foundation is implementing a conflict of interest policy after researchers Justin Drake and Dankrad Feist took paid advisory roles at EigenLayer, raising concerns about neutrality and transparency. The community had mixed reactions, with some praising transparency and others skeptical. Executive Director Aya Miyaguchi acknowledged the need for formal policies to maintain trust and impartiality in Ethereum’s development. Check out Blockchain DXB podcast we explain the drama in detail

🟠 Two UAE news (See slides)

⚡ MANTRA Secures Strategic Investment from 

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