The post $AIR-DROP! first appeared on The Shib Daily.

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In 2004, they sued Mark Zuckerberg, claiming he swiped their idea and source code to create Facebook. And guess what? Zuck settled for a cool $65 million in 2008. Cha-ching!

Fast forward to 2014, and these Harvard rowers turned tech moguls founded the New York-based cryptocurrency exchange Gemini. Not content with just running an exchange, they dipped their toes into the world of sports, becoming co-owners of Real Bedford F.C., an English non-league football club, in April this year. Because why not?

But the twins have been fighting another battle since 2013. They applied to launch the Winklevoss Bitcoin Trust when Bitcoin was a mere $100. The U.S. Securities and Exchange Commission, in its infinite wisdom and crystal-clear regulations, shot it down in 2017. Not ones to back down, they retried with a proposed rule change in 2018. The SEC, ever the party pooper, disapproved again, claiming crypto exchanges lacked the controls to prevent manipulation. Spoilsports.

And then, like a Phoenix rising from the ashes, Bitcoin ETFs were approved in January this year. Cameron Winklevoss triumphantly tweeted: “First they ignore you, then they laugh at you, then they fight you, then they make you wait 10 years…then you WIN!” Long memory, these guys. And they haven’t forgotten or forgiven – still.

Here’s where it gets juicy. The Biden administration, previously hostile to crypto, started warming up when they saw Trump cozying up to the industry. Crypto companies, frustrated with the Biden administration’s dithering, have been funneling millions to super PACs supporting crypto-friendly candidates.

But the Winklevoss twins aren’t here for small fry. They’re going after the biggest game of all – President Joe Biden. They just dropped $2 million in BTC into Donald Trump’s campaign. Talk about killing two birds with one stone. Biden, struggling with dismal poll numbers and a dissatisfied voter base, might find this latest move a nail in his political coffin. And donating in BTC? Brilliant. Headlines, attention, and more utility for crypto in one fell swoop.

Joe Biden just learned that “there are two things in life for which we are never truly prepared: twins.” But perhaps it’s already too late to save his campaign.

So, what’s the endgame for these blockchain barons? Are they the new overlords of a decentralized utopia, or just two guys with a penchant for digital drama? Will their political poker hand pay off, or will it be another tale of “too much, too soon”?

So, dear readers, what does this all mean for us?

Are we seeing a shift in political power driven by digital currency? Is this the dawn of a new era where crypto doesn’t just influence markets but the highest seats of power? One thing’s for sure: the Winklevoss twins are in it to win it. And they’re doing it in style. Keep your eyes peeled, because in the world of crypto, the game is always afoot, and the stakes just got a whole lot higher.

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The post Don’t Mess with the Winklevoss Twins: They’ll Bitcoin Your Campaign into Oblivion first appeared on The Shib Daily.

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The post Shib Nami Ura first appeared on The Shib Daily.

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The post Shib Eyes Wall Street first appeared on The Shib Daily.

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The post A Bold New Shib first appeared on The Shib Daily.

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Trump, the real-estate mogul from New York who bulldozed his way through Washington’s political elite, is back at it again. Love him or hate him, you can’t ignore him! Whether he’s your worst nightmare or your ultimate hero, depends on who you ask!

This mercurial maverick changes his mind faster than Bitcoin’s price on a Monday morning. Once a crypto-skeptic as president, now he’s hawking his own NFTs like a pro! Talk about a pivot! Remember when U.S. officials whispered to Iran not to test Trump’s red lines too much? No one knew if he’d send a tweetstorm or launch a Space Force strike!

Just last week, at a posh Mar-a-Lago bash, Trump told the crowd, “Crypto is moving out of the U.S. because of hostility towards crypto. We’ll stop it because I don’t want that—we’re going to embrace it, we have to let them be here.” Cue the dramatic music!

On Monday, blockchain analytics wizard Arkham Intelligence posted on X that Trump’s crypto stash is worth a whopping $7 million! Like crypto itself, Trump’s political saga defies logic and gravity. Courts try to pin him down, but his popularity just keeps soaring!

David Bailey, the big cheese at Bitcoin Magazine and Trump’s crypto consigliere, recently predicted that a Trump win in November could kick off a Bitcoin “space race.” And in true Trump style, a swarm of Trump-themed meme coins is skyrocketing faster than you can say “You’re fired!”

There’s a whole gaggle of them, kind of like the flock of fans that used to orbit around Trump, starry-eyed from his reality TV days. The Doland Tremp (TREMP) coin has been on a wild ride, dropping to $0.1286 and shooting up to $1.11. As of 00:45 am EST on Saturday, it was trading at $0.928, just a smidge below its peak.

Pepe Trump (PTRUMP) has also been doing the cha-cha, now valued at $0.004887. And don’t miss MAGA VP (MVP), climbing higher as everyone waits with bated breath to see who Trump will tap as his running mate. It’s currently at $0.615.

The final curtain hasn’t dropped yet. Donald Trump and his meme coins are sure to dish out more surprises this election season. So, buckle up, because this rollercoaster is just getting started!

Stay tuned, Shibizens—this is going to be a meme-tastic adventure!

The post Doland Tremp, Pepe Trump, Maga VP … Meme Coins Dance With Trump Under the Arclights first appeared on The Shib Daily.

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The post ShibaSwap Revs Up first appeared on The Shib Daily.

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The funding, from a clutch of big name investors — Mechanism Capital, Big Brain Holdings, Cypher Capital, Shima Capital, DWF Ventures, Morningstar Ventures, Hercules Ventures, Animoca Brands, Foresight Ventures, Comma3 Ventures, Woodstock Fund, Polygon Ventures, Stake Capital, Illuminati Digital Capital, Primal Capital, STIX, and Spirit Dao — was raised through the sale of the $TREAT utility token.

“What we did is that we made sure that some of the most powerful people in the world have skin in our game, so to speak,” Shiba Inu’s pseudonymous lead developer Shytoshi Kusama told The Street.

The new layer-3 network will be focused on privacy and will use $TREAT as its governance and utility token, much like $BONE works as the gas fee token on the Shibarium L2 chain.

Shiba Inu hopes these privacy focused enhancements will help expand its reach beyond its existing crypto users. It has been strategically adding pieces of technology and partnerships to increase its allure to users as blockchains evolve at warp speed, increasing competition for onboarding new users still outside of the crypto ecosystem.

Earlier this year, Shiba Inu partnered with Paris-based Zama to bring its encryption tools that leverage Fully Homomorphic Encryption (FHE) to bolster privacy across the chain and ensure transactional confidentiality, user interactions, and data privacy. It also partnered with D3 to offer *shib domain names to users, to enable seamless integration between Web2 and Web3.

“It’s wonderful to see that we are stepping closer and innovating more,” Shiba Inu marketing lead who goes by the X handle @LucieSHIB said in a statement to The Shib Daily. “Shib will never stop growing as we will see more people utilize Shibarium. The impact of TREAT will be bigger than many realize, benefiting the whole Shibarmy. Layer 3 will enhance and put Shibarium in a new spotlight.”

TREAT has not yet been released but will be minted by Shiba Inu Mint S.A., a corporation based in Panama. The funds will also be used to expand security measures and regulatory compliance, ensuring the long-term growth and sustainability of the Shiba Inu ecosystem.

Earlier in the day, Kusama had teased about a mysterious deal, which had the Shib Army all excited to know what was cooking.

The post A Drop Of Golden Sun: Shiba Inu’s $12M Boost Will Fund New Technology To Entice More Users first appeared on The Shib Daily.

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The post Shib Names by D3 first appeared on The Shib Daily.

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One such battle is between crypto industry-backed Super PAC Fairshake and prominent anti-crypto pol Rep. Katie Porter, D-Calif.

Porter is a progressive and is already in a tough primary battle with Rep. Adam Schiff, D-Calif., the current favorite; Rep. Barbara Lee, D-Calif.; and Republican Steve Garvey.

But California has an open primary system, which will see the top two finishers on March 5 advance to the general election in November. This is where it gets interesting – and Fairshake could be on the verge of knocking Porter out of the race altogether.

A recent poll from the Public Policy Institute of California showed Schiff leading the pack, with Porter and Garvey trailing him narrowly.

Schiff, who was the lead prosecutor in President Donald Trump’s first impeachment trial, leads in the race with 24 points. Porter comes in a close second with 19 points and Garvey is snapping at her heels with 18 points. Way too close.

So if Fairshake succeeds in helping Garvey push his way into the second place, it would be game over for Porter.

The Daily Shib has reached out to Fairshake for a comment.

Fairshake is flush with cash: it recently raised about $85 million from crypto insiders, data from Opensecrets.org show. That includes $5 million last week from the Winklevoss Twins, the founders of the Gemini crypto exchange. Among the other crypto biggies backing Fairshake are as Andreessen Horowitz (a16z) and ARK Invest.

And Fairshake is pulling no punches. “Despite her claims, Porter has taken campaign cash from the big banks, big pharma, and big oil and her super PAC is spending big to mislead Californians about her record,” it said in a statement.

A recent television ad it took out screams: “We won’t be fooled Katie Porter!”

The left flank of the Democratic party has been largely against crypto, pushing for regulations that could hit at the very idea of freedom the crypto industry projects. 

But there are also progressives who recognize the importance and role of crypto in freeing the world from the clutches of centralized actors: “In recent months, a number of progressive commentators have attacked the very idea of decentralization, arguing that it’s a distraction from other political goals. This has also led to progressives making crypto a favorite target and, bizarrely, taking the positions of big banks, which are notoriously monopolistic,” Sheila Warren and Justin Slaughter wrote in an opinion piece in Fortune last year.

The authors, who call themselves progressives, said: “Crypto is an exception to so much technology because it runs on blockchain and no single person or corporation can control it. We value a world where power is dispersed to the people, where no one is so powerful that they can dictate terms to the rest of us when it comes to civil rights and civil liberties. That is a decentralized world.”

Porter is not among the progressives who viscerally hate crypto, like Sen. Elizabeth Warren, D-Mass., or strong opponents, like Sen. Bernie Sanders, D-Vermont. But her hopes of joining the leagues of Warren and Sanders could remain just dreams if Fairshake succeeds!

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The post Crypto Super PAC Close To Knocking Out Progressive Katie Porter From Senate Race first appeared on The Shib Daily.

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The post It’s Time to Duel! first appeared on The Shib Daily.

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