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🥛 What to expect in February 🗓️
Today’s edition is brought to you by ZKX – the OG Perps Exchange on Starknet. Gamified like never before! It’s time to trade (and win). GM. This is the Milk Road, we help you slice through crypto news like a game of Fruit Ninja. Here’s what we got for you today: What to expect in......
Binance Freezes $4.2M of Ripple Hack Proceeds, Aids Investigation
Cryptocurrency exchange Binance has helped secure over $4.2 million worth of XRP tied to the recent hack of Ripple co-founder Chris Larsen's personal crypto accounts. The exchange also stated they are supporting law enforcement's ongoing investigation. Highlights: Binance CEO says the team has frozen $4.2 million of XRP stolen in the Ripple hack. Hack drained......
Polygon Labs Lays Off 19% of Staff to Focus on Development
Polygon Labs, the core developer behind leading Ethereum scaling solution Polygon, laid off 19% of staff this week. The moves come as part of a restructuring aimed at focusing Polygon Labs on critical network development. Key changes at Polygon Labs: Layoffs impact roughly 60 employees, or about 19% of Polygon Labs staff. Separately spun off......
Binance Struggles to Re-enter UK Crypto Market Amid Regulatory Pushback
Binance, the world's largest cryptocurrency exchange, is facing significant obstacles in its efforts to re-establish operations in the UK market. The struggles are primarily due to continued regulatory reluctance to engage with the platform. Key points: Binance is seeking UK partners for communications under new crypto rules; at least 3 have declined. Rejections come after......
🥛5 cool things we saw on Twitter (X) 📰
Today’s edition is brought to you by Consensus – join the community of developers, investors, founders, brands, policymakers, and more who are taking crypto from the margins to the mainstream at the 10th annual Consensus, May 29 - 31 in Austin, Texas. Use code MILKROAD for 20% off. GM. This is Milk Road, your crypto......
Celsius Exits Bankruptcy, Will Distribute $3 Billion to Creditors
Embattled cryptocurrency lending platform Celsius Network formally emerged from bankruptcy this week. As part of its court-approved resolution, Celsius will distribute over $3 billion to creditors. Additionally, they plan to launch a new Bitcoin mining firm before moving to wind down its remaining operations. Key details on the firm's winding down and exit from bankruptcy:......
Best Crypto Tax Software 2025
This page contains all of the information you need to know about crypto taxes. We cover how different types of transactions are taxed, how to choose the right tax software and important terminology you may come across. Lastly, we compare a group of the most popular tax softwares....
🥛The biggest airdrop in history? 🪂
Today’s edition is brought to you by UpMarket – an alternative investment platform that enables individual accredited investors to access private market investment opportunities in pre-IPO companies, hedge funds, private equity, and other alternatives. Join for free to review UpMarket's current offerings. GM. This is Milk Road, your daily crypto relay – we pass you......
FTX Expects Full Repayment to Customers, Scraps Relaunch Plans
The fallout from the shocking implosion of cryptocurrency exchange FTX continues, as lawyers for the bankrupt firm updated proceedings Thursday with promising news for affected users. According to a new court hearing, FTX believes it can make customers whole by repaying account funds lost in the crash. Meanwhile, after failing to find a buyer, plans......
Ripple Co-Founder’s Personal XRP Accounts Hacked for Over $112 Million
Several personal XRP accounts belonging to Ripple co-founder Chris Larsen were hacked recently, resulting in the theft of around $112 million worth of the cryptocurrency. Key details on the Ripple hack: Over 213 million XRP tokens were stolen from Larsen's accounts, currently valued at $112.5 million. The stolen funds were quickly laundered through various exchanges......
