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Published: August 20, 2024   |   Last Updated: August 20, 2024
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September 11, 2024

Solo Bitcoin Miner Strikes Gold with $181K Block Reward

A solo Bitcoin miner hit the jackpot by mining an entire block, securing a massive $181,000 reward, beating powerful mining pools. Key points: Lucky solo miner: Successfully mined block 860749, earning 3.125 $BTC. High hashrate environment: Larger mining pools like FoundryUSA dominate more than 50% of the hashrate. Small miners’ resurgence: New mining rigs offer......

September 11, 2024

Indonesian Crypto Exchange Indodax Shuts Down Amid $22M Hack

Indodax, a leading crypto exchange in Indonesia, lost $22M to a hack, prompting a temporary suspension of its services for investigation. Key points: $22M stolen: Hackers stole $BTC, $ETH, $TRX, $MATIC, and other tokens. Hot wallets breached: The attack focused on Indodax’s hot wallets. 150 suspicious transactions: Hackers transferred the stolen funds to $ETH. North......

September 11, 2024

Caroline Ellison Seeks to Seal Supporters’ Identities Ahead of Sentencing

Caroline Ellison, former Alameda Research CEO, asked the court to redact the names and personal details of her supporters ahead of her Sept. 24 sentencing. Key points: Sentencing date set: Ellison faces sentencing on Sept. 24, 2024. Redaction request: She wants to keep her supporters' names and details private. Harassment concerns: The request comes due......

September 10, 2024

🥛 $BTC doesn’t care who’s president, here’s proof 📊

Today's edition is brought to you by Origin Protocol. Earn real yield with Super OETH—enhanced liquid staking yield that has earned 13.1% APY over the last 14 days. Start earning today!GM. This is Milk Road. We're like a mother bird that chews up food and then—wait, no. Gross analogy. Point is: we make crypto news digestible.Here’s......

September 10, 2024

Paxos Expands to Arbitrum, Boosting Ethereum Layer 2 Ecosystem

Paxos is launching its stablecoins on Arbitrum One, bringing more services to Ethereum's Layer 2 network. Key points: Paxos enters Arbitrum One: Expands into Ethereum's Layer 2. Specific products not revealed: No clear details on the first launch. Arbitrum One has $2.5B TVL: A major player in Layer 2 solutions. Stablecoins available on other chains:......

September 10, 2024

Sony Bank and Soneium Partner to Launch Japan’s First Yen-Linked Stablecoin

Sony Bank partners with Soneium to launch a yen-backed stablecoin, aiming to lower transaction costs and improve financial efficiency in Japan. Key points: Sony Bank and Soneium collaboration: The two companies are developing a yen-linked stablecoin. Focus on blockchain: The stablecoin aims to reduce transaction costs and streamline payments. Compliance first: Sony Bank will run......

September 10, 2024

Japan’s Metaplanet Snaps Up $2M in Bitcoin Amid Ongoing Buying Spree

Japanese firm Metaplanet purchased an additional $2M worth of Bitcoin, bringing its total holdings to $26M. Key points: Another Bitcoin buy: Metaplanet purchased 38.4 $BTC, worth $2M. Growing reserves: Total holdings now stand at 398.8 $BTC, valued at $26M. Strategic treasury move: Metaplanet has been aggressively adding Bitcoin to its corporate treasury. Market position: The......

September 9, 2024

🥛 Stocks up, crypto down (what’s the hold up?) 🤔

Today's edition is brought to you by Origin Protocol. Earn real yield with Super OETH—no slippage, no risk, just pure rewards on Layer 2.Start earning today!GM. This is Milk Road. We monitor crypto news across 100+ browser tabs, so you don't have to!Here’s what we got for you today:✍️ Stocks up, crypto suffering. (Here’s why)✍️......