Currencies33855
Market Cap$ 3.46T+0.70%
24h Spot Volume$ 29.83B+6.53%
DominanceBTC61.76%-0.35%ETH8.51%-0.01%
ETH Gas0.33 Gwei
Cryptorank

Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’


by Gino Matos
for CryptoSlate
Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’

Eric Trump and Donald Trump Jr. denied involvement in Magic Eden’s June 3 announcement of a partnership to develop a “Trump Wallet.”

On June 3, Magic Eden announced it was developing a new Trump wallet and shared a landing page with a public waitlist. The page promoted $1 million in TRUMP memecoin payouts through a referral-based promotion that runs until July 4.

The website said the project was “the first and only crypto wallet for true fans” of President Donald Trump and lists NFT marketplace Magic Eden and trading app Slingshot Finance as partners.

Donald Trump Jr. wrote on social media that:

“The Trump Organization has zero involvement with this wallet product.”

He added that both him and his brother “know nothing about it” and are only working with World Liberty Financial, which is developing a wallet that has yet to be launched. 

Eric Trump, who oversees the Trump Organization, posted a separate message: 

“I run Trump [Organization] and I know nothing about this project!” 

Magic Eden not hacked

In multiple company feeds, Magic Eden reiterated the partnership, raising concerns about the company’s social media accounts potentially being hacked.

Magic Eden business lead Liz A, known as “Voh” on social media said the firm’s accounts were not compromised, and emphasized that the announcement was legitimate. 

The NFT marketplace’s head of community, Cole McMillian, known as “Papi,” told one user on Magic Eden’s Discord server:

“This is like… The most legal scrutiny we will ever have. So just need to be careful about responses”

Neither Magic Eden nor Slingshot has published technical details covering custody, supported blockchains, or geographic restrictions.

The post Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’ appeared first on CryptoSlate.

Read the article at CryptoSlate

Read More

Moonshot unveils memecoin creation with just a photo and Apple Pay

Moonshot unveils memecoin creation with just a photo and Apple Pay

Moonshot added Apple Pay support for launching new memecoins on June 27, expanding it...
ai16z moves $13.76 mln COMP to Coinbase: Is a market shift underway?

ai16z moves $13.76 mln COMP to Coinbase: Is a market shift underway?

Retail hype builds around COMP, but weakening whale support and technical barriers ch...

Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’


by Gino Matos
for CryptoSlate
Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’

Eric Trump and Donald Trump Jr. denied involvement in Magic Eden’s June 3 announcement of a partnership to develop a “Trump Wallet.”

On June 3, Magic Eden announced it was developing a new Trump wallet and shared a landing page with a public waitlist. The page promoted $1 million in TRUMP memecoin payouts through a referral-based promotion that runs until July 4.

The website said the project was “the first and only crypto wallet for true fans” of President Donald Trump and lists NFT marketplace Magic Eden and trading app Slingshot Finance as partners.

Donald Trump Jr. wrote on social media that:

“The Trump Organization has zero involvement with this wallet product.”

He added that both him and his brother “know nothing about it” and are only working with World Liberty Financial, which is developing a wallet that has yet to be launched. 

Eric Trump, who oversees the Trump Organization, posted a separate message: 

“I run Trump [Organization] and I know nothing about this project!” 

Magic Eden not hacked

In multiple company feeds, Magic Eden reiterated the partnership, raising concerns about the company’s social media accounts potentially being hacked.

Magic Eden business lead Liz A, known as “Voh” on social media said the firm’s accounts were not compromised, and emphasized that the announcement was legitimate. 

The NFT marketplace’s head of community, Cole McMillian, known as “Papi,” told one user on Magic Eden’s Discord server:

“This is like… The most legal scrutiny we will ever have. So just need to be careful about responses”

Neither Magic Eden nor Slingshot has published technical details covering custody, supported blockchains, or geographic restrictions.

The post Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’ appeared first on CryptoSlate.

Read the article at CryptoSlate

Read More

Moonshot unveils memecoin creation with just a photo and Apple Pay

Moonshot unveils memecoin creation with just a photo and Apple Pay

Moonshot added Apple Pay support for launching new memecoins on June 27, expanding it...
ai16z moves $13.76 mln COMP to Coinbase: Is a market shift underway?

ai16z moves $13.76 mln COMP to Coinbase: Is a market shift underway?

Retail hype builds around COMP, but weakening whale support and technical barriers ch...