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Published: August 20, 2024   |   Last Updated: August 20, 2024
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January 5, 2024

🥛 Bitcoin ETF, today? 🧐

Today’s edition is brought to you by Noom – Noom is more than just an app; it's a community that believes in science-driven behavior change for weight loss and lasting health. Claim your free 30–day trial! GM. This is Milk Road, where we knit the complex threads of crypto into a comfy sweater of understanding.......

January 4, 2024

Taiwan Police Bust Crypto Exchange in $32,100,000 Fraud Scheme

Criminal authorities in Taiwan arrested 14 employees of the leading cryptocurrency exchange ACE and alleged masterminds Lin Nan and Pan Nan on fraud charges totaling over $32.1 million. The company stands accused of using social media hype and misinformation to promote and list worthless "shitcoins" and extract funds from duped investors. Key Details: ACE allegedly......

January 4, 2024

Valkyrie Joins Grayscale, Files Securities Registration for Bitcoin ETF

Valkyrie has officially filed a registration of securities with the US Securities and Exchange Commission (SEC) for its Spot Bitcoin ETF. This development, coupled with similar filings from financial giants such as Fidelity, Grayscale, and VanEck, marks a potential turning point for Bitcoin ETF developments in the US. The flood of filings follows a pivotal......

January 4, 2024

How To Use DeFiLlama To Boost Your DeFi Research

SUMMARY This guide gives readers a complete overview of DeFiLama, one of the main components of the Milk Road On Chain Toolkit. DeFiLlama is a free platform that provides users with in-depth blockchain data and analytics. This guide also shows readers how to utilize DeFiLlama for their own research. Introduction We recently announced the Milk......

January 4, 2024

Gamma Strategies Offer Bounty After $3.4M Exploit Drain

Gamma Strategies suffered an attack this week exploiting vulnerabilities in its Ethereum-based liquidity vaults to steal $3.4 million in crypto assets. The team responded by freezing deposits to stem further losses. However, in a rare move, Gamma also messaged the hacker's wallet, seeking to negotiate a "bug bounty" for returning the stolen assets. Key Details:......

January 4, 2024

🥛 2 reasons prices crashed… 🤬

Today’s edition is brought to you by Spotlight by Vincent – a weekly newsletter that brings you the latest news and insights from the world of investing in alts. Learn what you need to know in a few minutes per week. GM. This is Milk Road, the newsletter that treats crypto news like a speed......

January 4, 2024

Solana Focused Wallet Drainers on the Rise, Security Platforms Warn

Blockchain security platforms Blockaid and CertiK this week spotlighted escalating threats targeting Solana ecosystems from sophisticated hacking kits dubbed "wallet drainers." These enable fraudsters to covertly drain wallets after deceiving victims into approving malicious transactions. Losses are already mounting into the hundreds of thousands of dollars. Additionally, developers are urging vigilance as threats migrate from......

January 4, 2024

dYdX Identifies YFI Attacker in Pump And Dump Scheme

Leading decentralized exchange dYdX released a detailed post-mortem dissecting an elaborate market manipulation scheme involving token YFI's 200%+ pump and 30% "crash" last week. The exchange traced activities across 100+ wallets to identify the likely perpetrator and assist law enforcement investigations. Key Details: The attacker opened substantial 5x leveraged YFI longs across multiple accounts during......

January 3, 2024

ENS Token Skyrockets 50% as Vitalik Buterin Highlights Its Significance

A tweet from Ethereum co-founder Vitalik Buterin ignited a 50% price surge in the ENS governance token in the last few hours. Buterin called the Ethereum Name Service "super important" while advocating expanded layer-2 functionality to boost affordability and access. Key Details: Buterin said direct layer-2 ENS integration is needed for wider ecosystem adoption. His......