• Milk Road
  • Posts
  • šŸ„› Er, did Trump just inside trade? šŸ‘€

šŸ„› Er, did Trump just inside trade? šŸ‘€

PLUS: Why weā€™re using Phantom to onboard our family from now on šŸ‘“

Todayā€™s edition is brought to you by Sui - the L1 thatā€™s leading the charge in web3 gaming. 

breaker

GM. This is Milk Road. The Robin to your Batman. The Chewie to your Han. The Spock to your Kirk.

(Weā€™ve got your back).

Hereā€™s what we got for you today:

breaker

DID TRUMPā€™S WORLD LIBERTY FINANCIAL JUST TRADE ON INSIDE INFORMATION? šŸ¤”

If you have an older brother ā€“ thereā€™s a good chance you can pinpoint the exact moment you lost a certain degree of trust in him as a kid.

For us, it was the time our older brother made us a milkshake, watched us gulp it down, then askedā€¦

ā€œYou like that? Yeah, well, I hucked a loogie in it.ā€

Boom! Just like that, distrust was sewn into any good deed he tried to do for us for the next decade or so.

Why are we telling you this? ā€˜Cause todayā€™s story hits similar beats.

Letā€™s start on a positive note ā€“ the ā€œwe just got a surprise milkshakeā€ part of the story:

D.O.G.E. is looking to use blockchain technology to bring greater transparency to government spending. šŸ‘‡

We can all agree that greater transparency on government spending is a good thing, right? And that blockchain technology might be used to do so is an extra cherry on top?

Nice! Ok, now allow us to huck a loogie in your milkshakeā€¦

Last night, as news started to break about these potential new transparency measures, it was announced that Movement ($MOVE) was one of the blockchains in discussion with D.O.G.E. šŸ‘‡

ā€¦and guess who bought $MOVE just minutes before the news broke? šŸ‘€

There are two points of irony here:

  1. A company that the President has a very public interest in may have just made a shady trade off the back of a government transparency initiative.

  2. Shortly after we posted this on X (the free speech platform) we lost our gold checkmark. šŸ˜‚

Now, much to the disappointment of our mothers: weā€™re not lawyers. So we donā€™t know if this is insider trading in a strictly legal sense.

But it sure feels like it! 

And even if there is a legal loophole at play here ā€“ politicians shouldnā€™t be able to trade on inside information. 

(Whether itā€™s Nancy Pelosi or Donald Trump).

Weā€™re sure youā€™ve heard of Sui - the fastest, infinitely scalable L1. 

But have you heard of SuiPlay0X1, the handheld gaming device built on Sui?

Packed with web3 games, this thingā€™s one of a kind. 

Hereā€™s why itā€™s šŸ”„:

  • Powerful and portable

  • Integrated with Steam & Epic

  • Exclusive AAA games

The best part? Every SuiPlay0X1 comes with a soul-bound Eternal NFT. 

This NFT unlocks access to:

  • Exclusive rewards

  • Premium content

  • Unique experiences

Ready to get your hands on this device?

breaker

PHANTOM WALLET JUST ADDED CROSS-CHAIN SWAPS šŸ¤

This new update from Phantom wallet massively reduces the onchain ā€œsee-watcha-gotta-doā€ factor.

What is that exactly? 

Allow us to answer your question, with another question:

You know how every time you bridge assets between chains, it feels like the stress might wipe years off your life expectancy? Say you want to swap some Ethereum-based $USDC for $SOL ā€“ you need to:

  1. Find/vet multiple bridging protocolsā€¦

  2. Send your Ethereum-based $USDC to the Solana address via said bridgeā€¦

  3. Wait for up to 30 mins for the transfer to Solana-based $USDC to be confirmedā€¦

  4. Take your Solana-based $USDC and swap it for $SOL.

Yeah ā€“ itā€™s not a fun experience. And doubly so if youā€™re new to crypto.

But if youā€™re a Phantom user, you can now swap tokens across Solana, Ethereum, and Base ā€“ all without having to manually bridge!

You just punch in the amount you want to swap, and Phantom takes care of the rest in the background (šŸ‘ˆ thatā€™s big ā€˜centralized exchangeā€™ energy right there).

Which means, as we continue to coax more and more of our friends and family into moving onchain, weā€™re going to spend way less time hovering over their shoulders muttering:

ā€œSee, whatcha gotta do isā€¦no, donā€™t click thatā€¦wait, donā€™t sign anythingā€¦here, give it to me.ā€

(@phantom: my dad says thanks).

breaker

WE JUST RATED THE MARKETā€™S HOTTEST TOKENS šŸ„‡

Tired of guessing which tokens are worth your time? Donā€™t worry, weā€™ve got you! We just launched the Milk Road PRO Token Centre, giving PRO members the inside scoop on the projects making waves in crypto.

Case in point: Usual Money. Itā€™s got big plans to revolutionize how money moves globally ā€“ making payments faster, more efficient, and accessible. But does it deserve your attention, or is it just another overhyped project? 

šŸ‘‰ Upgrade to Milk Road PRO to unlock the Token Centre and see where we stand on Usual Money.

breaker

BITE-SIZED COOKIES FOR THE ROAD šŸŖ

Walrus solves cryptoā€™s data problem. Storing data across decentralized nodes had been a major pain point until Walrus figured out a solution.*

Czech Central Bank proposes a $7B Bitcoin reserve. We almost skipped thisā€”because, honestly, Bitcoin reserve news is becoming daily routineā€”but Martin insisted it had to be in the newsletter. So here we are.

Gensler is heading back to MIT. After his villain arc as SEC chair, our favorite crypto nemesis is back to teaching.

Trump media launches Truth.fi. Another day, another POTUS-backed company that will buy crypto.

ai16z rebrands to ElizaOS. Thank god. The number of typos we made with a16z. Going to be so much easier to write about now.

Weā€™re hiring a social media manager! Youā€™ll be the voice of Milk Road across X, Instagram, Youtube and maybe even more. Oh, and weā€™re a blast to work with.

Swapping crypto onchain can be painful. Lucky for you, weā€™ve made a step-by-step guide on how to buy crypto through a DEX and your wallet.

*This is sponsored content.

breaker

MILKY MEMES šŸ¤£

breaker
breaker

RATE TODAYā€™S EDITION

What'd you think of today's edition?

Login or Subscribe to participate in polls.

ROADIE REVIEW OF THE DAY šŸ„›

VITALIK PIC OF THE DAY

breaker

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.