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Metaplanet Secures ¥1 Billion Yen Loan To Purchase Bitcoin
Japanese investment firm Metaplanet has taken out a ¥1 billion ($6.8 million) loan to further increase its Bitcoin holdings. Metaplanet's announcement comes two days after the firm disclosed its plan to invest $58 million in Bitcoin via a stock rights offering. Key points of Metaplanet's recent actions: Secured a 1 billion yen ($6.8 million) loan......
XRP Surges 17% After Ripple Is Fined $125 Million in SEC Case
Ripple has been ordered to pay a $125 million fine by a U.S. federal court. This has concluded a prolonged legal struggle with the Securities and Exchange Commission (SEC). This ruling has had a positive impact on the price of XRP, which surged double digits after the announcement. Key points: Judge Analisa Torres imposed a......
🥛 Turning point: Japan says no more rate hikes (for now)! 🔺
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Michael Saylor Reveals His BTC Holdings: Says It’s Never a Bad Time to Buy Bitcoin
In a recent Bloomberg interview, Michael Saylor, co-founder and executive chairman of MicroStrategy, spoke about Bitcoin. Saylor addressed the recent market volatility, energy consumption concerns, and his company's investment strategy. Key points: MicroStrategy acquired 169 additional Bitcoin for over $11 million in July. Saylor personally holds over 17,000 Bitcoin. Bitcoin's volatility is described as a......
PlusToken Ponzi-Associated Wallets Move 789,533 Ethereum (ETH)
According to the latest details shared by on-chain analyst Lookonchain, hundreds of wallets associated with PlusToken Ponzi have begun moving 789,533 Ethereum after over 3.3 years of dormancy. Key points: Wallets associated with PlusToken Ponzi are on the move. Hundreds of wallets have come alive after 3.3 years of dormancy. The wallets are moving 789,533......
🥛 What was that, a pullback for ants? 🐜
Today’s edition is brought to you by Stier Trade– an innovative platform providing a seamless, automated self-custodial trading experience specifically designed for memecoins.Start trading memecoins with Stier!GM. This is Milk Road, the crypto newsletter as powerful as Hurricane Debby, but delivering insights instead of downpours.Here’s what we got for you today:✍️ It wasn’t that big......
Ronin Network Exploited for 4,000 Ethereum and 2M USDC; Hackers Respond
Adding to the list of ongoing crypto hacks recently, Ronin Network has reportedly been hacked for 4,000 Ethereum and 2 million USDC. According to the details shared by Ronin, the bridge lost a total of $12 million. Key points: Ronin Network was hacked for 4,000 Ethereum and 2M USDC. ZachXBT calls Ronin a cursed project.......
SEC Pushes Back on Coinbase’s Document Request
The U.S. Securities and Exchange Commission (SEC) has fired back against Coinbase's attempts to access its internal documents. The regulator is requesting the court deny the request by the crypto exchange. Key points: SEC opposes Coinbase's request for "essentially all documents" related to crypto assets. The agency claims Coinbase's demands are "extraordinary" and lack legal precedent.......
Binance Contests $86 Million Tax Notice from India: Report
In one of the latest developments between India and Binance's Tussle, the exchange has reportedly challenged India's tax notice. Key points: Binance received an $86 million tax showcause notice from Indian authorities The notice covers alleged tax evasion from July 2017 to March 2024 Binance reportedly earned over $476 million in transaction fees from Indian......
🥛 WTF just rocked the crypto world? 😣
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