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Crypto Funds Record $500 Million in Net Outflows Last Week
Crypto funds recorded net outflows globally last week totaling $500 million, according to the latest analysis from CoinShares. Outflows are centered on the U.S., Switzerland, and Germany. Key Takeaways: $500 million in total net outflows last week. Grayscale Bitcoin Trust (GBTC) saw $2.2 billion exits. U.S. spot Bitcoin ETFs added $1.8 billion. GBTC outflows are......
Amazon Developing A Film Based on $3B Bitfinex Bitcoin Heist
Amazon's MGM Studios is reportedly in early development on a feature film dramatizing the story of Ilya Lichtenstein and Heather Morgan's role in laundering billions worth of Bitcoin stolen in the 2016 Bitfinex exchange hack. According to a report by Deadline, the movie titled "Razzlekhan" will adapt a 2022 New York Times article dubbing the......
🥛 The #1 thing to avoid in crypto ✋
Today’s edition is brought to you by 5ire - a next-gen Layer 1 ecosystem with dual chain capabilities; including EVM compatibility and a unique consensus model (SPoS) with built-in sustainability.Explore how 5ire is designed for real-world impact.GM. This is Milk Road, your crypto training camp – building your financial muscles one insight at a time.Here’s......
SEC Unlikely To Greenlight Ethereum ETF Until Late 2025: TD Cowen
Investment bank TD Cowen has pushed back its predicted timeline for U.S. approval of a spot Ethereum exchange-traded fund (ETF) until late 2025 at the earliest. Key Predictions: Spot Ether ETF decision not expected before late 2025. SEC Chair Gensler has no political incentive to accelerate. Seeks to avoid fighting with progressives critical of crypto......
73% of Europeans Optimistic About Crypto: Binance
A recent survey by crypto exchange Binance reveals the widening integration of cryptocurrencies into European finance and society. The report shows that over half of respondents utilize them for routine purchases. Key Findings: 73% are optimistic about crypto's future prospects in Europe. 55% use cryptos for regular daily transactions. 10% make weekly crypto payments. While......
$2.61 Billion Lost in Crypto Hacks and Scams In 2023: PeckShield
Blockchain security firm PeckShield has released its 2023 analysis of major crypto hacks, scams, and stolen funds flowing from criminal exploits. https://twitter.com/PeckShieldAlert/status/1751788344281886726 Per the report's findings: Over $2.61 billion was lost from 600+ incidents. A decrease of 28% versus 2022 thefts However, DeFi protocols remained disproportionate targets. 67% of stolen value is sourced from DeFi......
UK Dark Web Dealer Surrenders $340 Million in Bitcoin Under Plea Deal
A British resident has agreed to forfeit over $340 million worth of Bitcoin (8,100+ BTC) as part of a plea agreement related to selling illegal drugs via dark web marketplaces. U.S. authorities stated the voluntary surrender likely comprises the Drug Enforcement Agency's biggest ever cryptocurrency seizure, according to a recent report by The Washington Post.......
🥛 Lessons from a $4.4M mistake 🤕
Today’s edition is brought to you by Bahamut – an innovative EVM-based, layer 1 public blockchain with smart contract capabilities, advanced security, and a unique POSA consensus. And ALSO, a foundation providing grants through its 10 million $FTN fund.Unlock Your Potential with Bahamut Grants!GM. This is Milk Road, we turn crypto into an easy-to-follow recipe.......
Cristiano Ronaldo Hosts NFT Holders for Friendly Match Amid Binance Lawsuit
Soccer legend Cristiano Ronaldo recently hosted several NFT holders for a friendly match. Through his collaboration with cryptocurrency exchange Binance to offer exclusive access, the most recent video from Binance delivers on its promises. This latest video comes at a time when he is facing an ongoing lawsuit in Florida alleging illegal promotion of securities.......
Worldcoin to Launch Sleeker ‘Apple-Like’ Orb Device This Year
Worldcoin, the crypto startup aiming to give every human a digital identity, plans to release a redesigned version of its controversial Orb iris scanning device in the first half of 2024. Co-founder Alex Blania revealed to TechCrunch that the next model will shift to a more subdued look and multiple colors to appear friendlier and......
