The Protocol: Trump Makes More Pro-Crypto Appointments
Also in this issue: Aptos Labs’ leadership shift and Sonic’s airdrop to TikTok users.
1. Summary:
President-elect Donald Trump has made several pro-crypto appointments in his second term, including individuals who aim to integrate blockchain and decentralized finance into the U.S. economy. Additionally, Aptos Labs CEO and co-founder Mo Shaikh has stepped down, and Sonic on Solana blockchain plans to airdrop tokens to TikTok users to promote DeFi. Kraken’s layer-2 rollup network, Ink, has gone live ahead of schedule.
2. Key insights:
– Trump’s crypto appointments signal a shift towards embracing digital assets, with a focus on integrating blockchain and AI technologies into the U.S. economy.
– Aptos Labs’ leadership transition highlights the company’s focus on scalability, security, and innovation in blockchain technology.
– Sonic’s airdrop to TikTok users aims to introduce decentralized finance to a broader audience and promote the adoption of Layer 2 solutions on the Solana network.
– Kraken’s early launch of the layer-2 rollup network, Ink, built on the Ethereum blockchain, indicates the growing interest and development in layer-2 scaling solutions within the crypto industry.
