👯‍♀️ Refer Unchained with a friend and earn a Premium subscription

Gevulot is the universal proving infrastructure for ZK. Try ZkCloud with free usage, plus extended grant opportunities for premier customers, until 'Q1 2025.

Build app-specific rollups with Web2 tooling without the constraints of Web3! Explore grants of up to $50,000 to bootstrap your project and start building! Learn more.

Iggy Azalea on Memes, OnlyFans, and Her Plans to Make MOTHER a Success

The Australian rapper tells the origin story of the $MOTHER token, explains the “beef” between her and Vitalik Buterin, and reveals that, so far, she has made no money from her celeb coin.

Iggy Azalea joins Unchained to share the story of how the $MOTHER token got started (spoiler: there was a brush with a potential scammer), her stresses during the launch, and what she plans to do about the price slumping over 60% since the all-time high. A master of memes and OnlyFans, she talks about how she is using her experience in both realms to make MOTHER a success, even though she has yet to make any money from the token.

She also discusses her beef with Ethereum creator Vitalik Buterin, the allegations that there was insider trading of MOTHER, and how she plans to avoid regulatory action.

What’s Poppin’?

by Sage Young and Juan Aranovich

Iggy Azalea Denies Dumping $2 Million Worth of MOTHER on Retail

The creator of the $MOTHER coin on Solana says that the allegations were “crazy” and made her “so annoyed.”

LI.FI Drained of More Than $10 Million Via Wallets With Infinite Approval Settings

The wallet address that exploited the DeFi protocol’s smart contract has since transferred out the vast majority of the drained funds.

Bitcoin Ecosystem Is Best Performer Among Crypto Sectors Over Last 7 Days

While the overall crypto market is currently in an upswing, protocols dedicated to the Bitcoin ecosystem such as Stacks have seen the largest climb in their fully-diluted market capitalization, according to Artemis data.

Daily Bits… ✍️✍️✍️

• ⚖️ FTX and the CFTC agreed on a $12.7 billion settlement after months of negotiations, which allows FTX to pay creditors up to that amount if they comply with their reorganization plan.

• 💸 Kraken received Bitcoin and Bitcoin Cash transfers from the Mt. Gox Rehabilitation Trustee, with funds expected to be credited to creditor accounts within 7-14 days following a significant movement of bitcoin by Mt. Gox wallets.

• 🇺🇸 Former U.S. President Donald Trump emphasized the need for the US to lead in the crypto space before China, and teased a fourth NFT launch.

• ⏳ Solana's Sanctum project will double airdrop rewards for users who wait to claim, aiming to create a more stable and sustainable token launch.

• 🖥️ Uniswap Labs launched its wallet browser extension, supporting 11 blockchains including Ethereum and Arbitrum, which had over 793,000 users on its waitlist.

• 🔓 Worldcoin announced token unlocks for early contributors, while extending the unlock period for most tokens held by Tools for Humanity team members from three years to five years.

• 🇳🇬 Detained Binance executive Tigran Gambaryan, who is suffering from severe health issues, appeared in a Nigerian court in a wheelchair amid ongoing legal troubles and deteriorating conditions in custody.

• 🏦 Former U.S. President Donald Trump’s campaign raised $3 million in cryptocurrency donations last quarter, attracting contributions from major industry players such as the Winklevoss twins and Kraken’s Jesse Powell.

Today in Crypto Adoption...

• 💳 Stripe enabled cryptocurrency purchases, including bitcoin and ether, for European users through a widget for online vendors.

The $$$ Corner…

• 🤖 Crypto-AI startup Mira raised $9 million in a seed funding round co-led by Bitkraft Ventures and Framework Ventures to build a decentralized AI infrastructure platform for developers.

What Do You Meme?

📈 Your Market Update 📉

• BTC is up 1.7%, trading at $64,883

• ETH is up 1.1%, trading at $3,456

• BTC dominance: 51.2%

• Crypto market cap: $2.5T

*All data as of today, 07:34 am ET. Source: CoinGecko

Recommended Reads

1. Coinbase Ventures: ELI5 L3s

2. The Block: The battle for NFT marketplace dominance is heating up again

3. DL News: Experts say these four factors are driving Bitcoin’s rally. Will it break $70,000 in July?

We Are Hiring!

1. A Bitcoin Reporter to cover all things Bitcoin. See the details and apply here. 

2. A Regulatory Reporter to cover regulatory topics in the space. See the details and apply here.

3. A Senior Editor to help assign and edit daily news stories, as well as work on features and other editorial projects as needed. See the details and apply here.

4. An Audience Development Director to broaden the reach of the publication’s content, whether through the web, social media, newsletters, podcast platforms, or videos. See the details and apply here.

🔝 Are you hiring and want to promote the postings in the Unchained newsletter? Let us know!

Thank you for reading Unchained. This post is public so feel free to share it. 📩📤