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TEL Token Dips 30% Following $1.3M Exploit; Telcoin Commits to Wallet Restoration
The Monetary Authority of Singapore-regulated payment institution Telcoin suffered a security exploit this week. The exploit resulted in over $1.3 million worth of crypto assets being drained from its Polygon-based wallet application. The breach triggered a temporary freeze of the app by the team. The native TEL token also plunged over 32% in price. Telcoin......
🥛 Ethereum has a BIG upgrade coming soon… 🔧
Today’s edition is brought to you by Metal X - the all-in-one crypto platform equipped with trading, lending, borrowing and yield farming, and powered by the XPR Network and the expertise of Metallicus.Enhance your DeFi experience!GM. This is Milk Road, the newsletter that’s like a piñata - whack it open and savor the sweet, sweet......
Tim Draper Predicts When Bitcoin Will Hit $250,000
Venture capitalist and longtime Bitcoin bull Tim Draper reiterated his forecast for Bitcoin to hit $250,000 in 2024. Draper maintains that this price target will likely arrive soon and spur further exponential growth as adoption expands. Draper says he stands by the $250K BTC price forecast for 2024. Sees mass adoption driving prices to "go......
Mt. Gox Creditors Report Receiving Payouts for 2014 Bitcoin Hack; Some Receive Double
Almost a decade after the largest cryptocurrency hack in history, creditors of the defunct Mt. Gox exchange are finally seeing the first reimbursements. The exchange witnessed the theft of approximately 800,000 Bitcoin now worth over $34 billion. Mt. Gox creditors receive payouts following the 2014 BTC hack. Over $34 billion was stolen from the exchange.......
Stryke Review 2026
Our Take On Stryke THE BOTTOM LINE: Stryke (formerly known as Dopex) is a decentralized options exchange focusing on calls and puts across Arbitrum and Polygon. As a result of its clever derivatives products, the protocol markets itself to traders with a healthy risk tolerance. In addition to a wide range of options vaults, Stryke......
WebAuth Wallet Review 2026
Our Take On WebAuth Wallet THE BOTTOM LINE: The WebAuth Wallet has carved out a unique spot for itself, utilizing its native XPR blockchain to support cryptocurrencies across a number of different blockchains. Featuring gas-free transfer with their wrapped tokens and a system where wallet addresses are just simple text names, WebAuth has created a......
SEC Apologizes to Judge For ‘Shortfalls’ in DEBT Box Case
Attorneys from the Securities and Exchange Commission (SEC) formally apologized for their admitted shortfalls in seeking an asset freeze against crypto firm DEBT Box. The confession comes after a Utah judge rebuked the agency for "materially false" statements undermining case integrity. SEC lawyers apologize for misstatements in the DEBT Box case. Made "false representations" on......
Paxos Gains Approval to Bring Regulated Stablecoin to Solana
Stablecoin issuer Paxos has received regulatory approval to expand its dollar-pegged token, USDP, to the Solana blockchain. The move is set to launch on January 17, 2024, according to the details shared exclusively with Fortune. Paxos gains NY approval to launch the USDP stablecoin on Solana. Seen as a major coup amid the battle with......
Gensler’s Crypto Comments Draw Backlash from Ripple CEO
Securities and Exchange Commission (SEC) Chairman Gary Gensler sparked controversy this week over his video about the crypto industry. Gensler claimed in the video that widespread noncompliance in the crypto realm is undermining market integrity and confidence. The SEC chair's comment provoked backlash from leading crypto figures, who accused Gensler of hypocrisy and failing to......
🥛 Solana is on FIRE! 🔥
Today’s edition is brought to you by Coinbase Wallet - a self-custodial wallet designed for an easy user experience, and backed by one of the biggest names in the industry.Send money to anyone instantly with a link!GM. This is Milk Road, the newsletter that helps you unwrap crypto faster than a 6-year-old unwraps their presents......
