This project is a spin-off of Fartcoin. The instigator behind Fartcoin launched this token in response to a tweet from the President of Bone Fide Wealth, who mentioned, "A client just called and asked me if there’s going to be a Fartcoin ETF this year." The ongoing discussion around Elon Musk has contributed to the emergence of this token. It is tapping into various themes, including Fartcoin, SPX500, and other major memes associated with the Trump narrative.
Tesla and SpaceX committed $16.8B to build Musk's Terafab AI chip plant in Grimes County, Texas, after moving the project from Austin.

MARA posted a $611M Q2 loss as bitcoin holdings fell 29% to 35,577 BTC, while MARA and Riot Platforms sent 581 BTC to custodian NYDIG.

The Coldcard exploit hacker, holding roughly $130M in stolen bitcoin, moved 30.185 BTC to a new wallet in their first activity since the theft.

Malta has joined Italy, Portugal, and Spain to block a possible EU-wide online gambling levy, four diplomats told Politico.

