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- š„ Er, did Trump just inside trade? š
š„ Er, did Trump just inside trade? š
PLUS: Why weāre using Phantom to onboard our family from now on š“
Todayās edition is brought to you by Sui - the L1 thatās leading the charge in web3 gaming.
GM. This is Milk Road. The Robin to your Batman. The Chewie to your Han. The Spock to your Kirk.
(Weāve got your back).
Hereās what we got for you today:
āļø Did World Liberty just trade on insider info?
āļø Phantom just added cross-chain swaps
šļø The Milk Road Show: Is It Time to Sell All Your Ethereum? w/ Michael Nadeau
šŖ Weāre hiring a Social Media Manager at Milk Roadāapply here!
DID TRUMPāS WORLD LIBERTY FINANCIAL JUST TRADE ON INSIDE INFORMATION? š¤
If you have an older brother ā thereās 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¦
āYou 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? āCause todayās story hits similar beats.
Letās start on a positive note ā the āwe 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. š
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. š
ā¦and guess who bought $MOVE just minutes before the news broke? š
There are two points of irony here:
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.
Shortly after we posted this on X (the free speech platform) we lost our gold checkmark. š
Now, much to the disappointment of our mothers: weāre not lawyers. So we donāt 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 shouldnāt be able to trade on inside information.
(Whether itās Nancy Pelosi or Donald Trump).
Weāre sure youāve heard of Sui - the fastest, infinitely scalable L1.
But have you heard of SuiPlay0X1, the handheld gaming device built on Sui?
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Integrated with Steam & Epic
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The best part? Every SuiPlay0X1 comes with a soul-bound Eternal NFT.
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Ready to get your hands on this device?
PHANTOM WALLET JUST ADDED CROSS-CHAIN SWAPS š¤
This new update from Phantom wallet massively reduces the onchain āsee-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:
Find/vet multiple bridging protocolsā¦
Send your Ethereum-based $USDC to the Solana address via said bridgeā¦
Wait for up to 30 mins for the transfer to Solana-based $USDC to be confirmedā¦
Take your Solana-based $USDC and swap it for $SOL.
Yeah ā itās not a fun experience. And doubly so if youāre new to crypto.
But if youāre 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 (š thatās big ācentralized exchangeā energy right there).
Which means, as we continue to coax more and more of our friends and family into moving onchain, weāre going to spend way less time hovering over their shoulders muttering:
āSee, whatcha gotta do isā¦no, donāt click thatā¦wait, donāt sign anythingā¦here, give it to me.ā
(@phantom: my dad says thanks).
WE JUST RATED THE MARKETāS HOTTEST TOKENS š„
Tired of guessing which tokens are worth your time? Donāt worry, weāve 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. Itās 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?
š Upgrade to Milk Road PRO to unlock the Token Centre and see where we stand on Usual Money.
Walrus solves cryptoās 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 thisābecause, honestly, Bitcoin reserve news is becoming daily routineābut 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.
Weāre hiring a social media manager! Youāll be the voice of Milk Road across X, Instagram, Youtube and maybe even more. Oh, and weāre a blast to work with.
Swapping crypto onchain can be painful. Lucky for you, weāve made a step-by-step guide on how to buy crypto through a DEX and your wallet.
*This is sponsored content.
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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.