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🥛 Down goes Solana!
Today’s edition is brought to you by Shardeum - a linearly scalable EVM-based layer 1 blockchain that provides low gas fees forever while maintaining true decentralization and solid security. Scale with them now. GM. This is Milk Road, your daily dose of crypto vitamins (the OG Flintstones ones). Here’s what we got for you today:......
Ripple Gearing Up for US Market Entry Despite SEC Lawsuit
Blockchain payments company Ripple has hinted at an upcoming push into the US market that could dramatically expand adoption of its transaction solutions. The announcements come even as a legal battle with securities regulators continues to play out. Key developments stoking anticipation of Ripple's US expansion: Ripple executive say they will announce new product updates......
Solana Restarts After 5 Hours Of Outage, SOL Reacts
The Solana blockchain suffered a major outage recently that prevented transactions and halted block production for nearly five hours before engineers identified and patched a core software issue. Key details on the Solana disruption: The network went dark around 9:53 AM UTC Tuesday and lasted 5 hours. Engineers traced the cause to a software glitch......
SEC Wins Financial Data Access Against Ripple in Ongoing XRP Lawsuit
The Securities and Exchange Commission has bagged a win against Ripple Labs this week, gaining access to confidential corporate information as both sides prepare for the remedies phase of their landmark cryptocurrency case. Key lawsuit updates: The judge orders Ripple to provide financial statements and post-suit XRP contracts. SEC also wins data on institutional token......
Crypto Funds Witness $708,000,000 Inflows; Here’s Why
The latest data reveals investors piled back into crypto investment funds last week. Investors have injected $708 million amidst a prolonged market rebound. The surge brings total year-to-date inflows close to $1.6 billion, according to researcher CoinShares. Key details on the state of crypto investment fund flows: Crypto funds booked $708 million in inflows last......
🥛The crypto app everyone is talking about 📲
Today’s edition is brought to you by LMNT – an electrolyte drink mix with everything you need & nothing you don't. No sugar. No artificial ingredients. No fillers. Receive a free LMNT sample pack with any order. GM. This is Milk Road, your crypto cheat sheet - because who wants to read the textbook? Here’s......
Ethereum Name Service (ENS) and GoDaddy Collaborate to Link Domains with Crypto Wallets
Ethereum Name Service (ENS), the leading blockchain domain protocol, has partnered with internet domain giant GoDaddy to let owners easily link their sites to crypto wallets. The integration arrives even as a lawsuit between both parties proceeds following the sale of an ENS domain. Key details on ENS and GoDaddy's new tie-up: GoDaddy is adding......
Binance Addresses Privacy Concerns Over Alleged KYC Document Leak
Cryptocurrency exchange Binance moved swiftly to dismiss privacy fears over the weekend after reports surfaced that extensive customer KYC documents were being freely distributed through hacker channels on the dark web and GitHub. The exchange says it investigated but found no evidence that any internal systems were breached. Key details: Crypto sleuths flagged alleged leaks......
Operator Flex Block
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SEC Charges Crypto Trader With Defrauding Students of $1.2 Million
The U.S. Securities and Exchange Commission (SEC) charged crypto trader Brian Sewell and his firm Rockwell Capital Management with fraudulently soliciting $1.2 million from students under false pretenses and losing the money to hackers. Key details of the SEC complaint: Sewell allegedly promised students AI-powered crypto hedge fund returns through his "Rockwell Fund." 15 students......
