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Vitalik Buterin Reflects on Evolution of Crypto and His Changing Role
In a recent blog post on his 30th birthday, Ethereum co-founder Vitalik Buterin highlighted some of the major shifts he has witnessed in the cryptocurrency community since first becoming involved over a decade ago. As one of the most prominent figures in the crypto industry, Buterin’s reflections offer valuable insights into how the industry and......
Terraform Labs Sees Bankruptcy as Key to Contest SEC’s Lawsuit
Collapsed stablecoin developer Terraform Labs filed for Chapter 11 bankruptcy protection on January 21st. The move was partly to boost prospects of appealing its ongoing fraud lawsuit from the SEC. In a filing Tuesday, CEO Chris Amani said bankruptcy shelters could enable challenging the case without needing to post bonded assets. Key Reasons: Allow an......
Ethereum Dencun Upgrade Goes Live on Sepolia Testnet
The Ethereum network’s hotly anticipated Dencun upgrade was successfully deployed on the Sepolia test blockchain on Tuesday. Dencun represents Ethereum’s biggest functional upgrade since Merge. The code changes introduce two key features: Proto-danksharding Cheaper data blobs Together, these technical improvements aim to bolster network capacity and reduce transaction costs as usage grows. https://twitter.com/parithosh_j/status/1752468658868126030 The test......
🥛Is it ETH’s time to shine? 📈
Today’s edition is brought to you by Harpie – the leading crypto security tool that protects your wallet from theft with always-on threat detection and real-time fund recovery.Secure your wallet for free →GM. This is Milk Road, your crypto news waterboy – hydrating your mind with refreshing facts.Here’s what we got today:5 reasons ETH could......
Germany Seizes Over 50,000 Bitcoin (BTC) in Copyright Case
German authorities recently seized over 50,000 Bitcoin worth approximately $2.16 billion that were allegedly purchased with the proceeds of an illegal copyright infringement operation dating back a decade. Law enforcement is touting the confiscation as both the largest cryptocurrency seizure in the country's history and one of the biggest globally. Key Details: 50,000+ BTC seized......
Vitalik Buterin Outlines Potential Crypto + AI Use Cases and Risks
Ethereum co-founder Vitalik Buterin recently explored emerging intersections between crypto and artificial intelligence in an extensive blog post. He argued that certain applications appear to be far more robust than others currently. Buterin categorized crypto + AI opportunities into four types, ordered by viability: Most Viable AI participates trustlessly in blockchain mechanisms as players. Rewarded......
Floki Team Pushes Back on Hong Kong Regulator Warning
The developers behind meme-inspired cryptocurrency Floki Inu responded to Hong Kong regulators listing its staking program as a “suspicious” investment product, predominantly over advertised yield levels. In a Medium post, the team highlighted steps taken while disagreeing with the “extreme measure” by the Securities and Futures Commission (SFC). Actions taken so far include: Blocking Hong......
DeFi Protocol Abracadabra Finance Suffers $6.4 Million Hack
DeFi lending protocol Abracadabra Finance appears to have suffered a security breach, leading to over $6.4 million drained from its smart contracts. Security researchers, including PeckShield, estimate total losses may still increase, with nearly $29 million in digital assets remaining at risk across its platform. https://twitter.com/peckshield/status/1752279373779194011 Key Details: The attack targeted and exploited the Abracadabra......
HyperFund Founders Charged with $1.89B Crypto Scam and Ponzi Scheme
The Department of Justice has announced criminal charges against two founders of the HyperFund crypto investment scheme, alleging the massive operation defrauded investors out of $1.89 billion. In parallel civil charges, the SEC accused HyperFund leaders of running an illegal pyramid scheme and falsely promising high yields from crypto mining revenues that didn't exist. Key......
