😎 The Winklevoss brothers, the founders of the Gemini crypto exchange, were returned part of the funds that they donated in bitcoins to the Trump campaign due to exceeding the established limit
Cameron and Tyler Winklevoss, who made a fortune of $5.4 billion by buying BTC at $10 back in 2012, have repeatedly stated their strong support for Trump, believing that “Trump is a choice in favor of Bitcoin, cryptocurrencies and business.”
Both brothers donated $1 million in BTC to the Republican candidate's campaign, with a maximum allowable of $844 thousand
According to a Trump campaign spokesman, more than that amount was returned, but it was not specified whether the funds were returned in fiat or BTC.
Since May, Trump has been actively campaigning to attract cryptocurrency supporters, positioning himself as a crypto-friendly president.
He criticizes the "Gensler-Biden alliance", and it is likely that the issue of cryptocurrencies will be addressed in at least one of the two rounds of debates between Biden and Trump (The first debate will take place on June 27)
🤑 On June 21, USDT trading volume on the Tron network exceeded the total volume of Visa transactions, amounting to more than $53 billion
While Visa processed $14.8 trillion ($41.1 billion daily) in transactions for all of last year, USDT TRC20 trading volume exceeded that value by $12 billion the day before yesterday
However, despite the impressive numbers, the volume of USDT transfers, even without taking into account the network, is still significantly lower than the total volume of transactions processed by Visa (when comparing payment systems and stablecoins, it is better to compare the total volume of transfers, and the trading volume of USDT with regular USD)
USDT transfer volume peaked in May 2022, when a record $33.2 billion was sent in one day
🥵 The largest public mining company, Marathon Digital, has launched a pilot project to recycle the heat generated during BTC mining to heat a city of 11,000 people in Finland.
The project involves heating water and distributing it through underground pipes to heat local buildings
In the context of electricity consumption by mining farms in the EU, which accounts for 3% of total consumption, double that of the rest of the world, this initiative could be an example of a new approach to mining: one industry needs heat, while another, which consumes a lot of electricity, produces it for society
🆒 Using the heat generated by mining is also a form of recycling resources, which reduces the negative impact on the environment
Photo: “geniuses of the crypto market”
