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SEC Charges ConsenSys Over Unregistered Crypto Brokerage and Securities Offerings
The SEC has filed a lawsuit against ConsenSys, the company behind the popular MetaMask wallet. The commission alleges that ConsenSys operated as an unregistered broker and engaged in the unregistered offer and sale of securities through its MetaMask Swaps and Staking services. Key points: SEC claims ConsenSys collected over $250 million in fees from unregistered......
Kraken Co-Founder Jesse Powell Makes $1M Crypto Donation to Trump
Crypto exchange Kraken co-founder Jesse Powell has announced a substantial donation to Donald Trump's presidential campaign. Powell mentioned in his tweet that he made the $1 million donation primarily in Ethereum (ETH). Key points: Jesse Powell donates $1 million in crypto to Donald Trump's campaign. The donation is largely in Ethereum (ETH). Powell cites regulatory......
🥛 Blast off! Is this L2 headed to the moon? 👀
Today's edition is brought to you by EVAA – the ultimate liquidity layer on TON, interconnecting DeFi protocols and offering exclusive lending services.Explore EVAA Protocol →GM. This is Milk Road, where crypto meets comedy for your daily blockchain fix.Here’s what we got for you today:✍️ $BLAST is here: What makes this L2 stand out?✍️ $ETH fees......
Crypto Industry Lost $572 Million to Hacks in Q2 2024: Immunefi
The crypto industry faced a storm of security breaches and hacks in the second quarter of 2024. The fleet of events resulted in a whopping $572.7 million in losses. The details were released by blockchain security firm Immunefi in its Q2 report. Key findings from the Immunefi report: Total losses reached $572,688,861 across 72 incidents......
Coinbase Takes Legal Action Against SEC and FDIC
Coinbase CLO Paul Grewal has announced the filing of lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). Grewal mentioned in his tweet that these legal actions were initiated under the Freedom of Information Act (FOIA). The company seeks to compel the agencies to release crucial information that could......
US Govt Moves $240M Worth of Silk Road Bitcoin to Coinbase: BTC Price Reacts
According to the latest on-chain data, the United States government has transferred 3,940 Bitcoin ($240 million) linked to Silk Road to Coinbase Prime. The move also represents one of the largest Bitcoin transactions by a government, following the BTC movement by German authorities. Key points: 3,940 BTC ($240 million) moved from US government wallets to......
🥛 Solana just launched on Twitter. Are we going mainstream? 🚀
Today's edition is brought to you by EVAA – the ultimate liquidity layer on TON, interconnecting DeFi protocols and offering exclusive lending services.Explore EVAA Protocol →GM. This is Milk Road, where we unravel the crypto maze with more flair than a magician at a kids' party.Here’s what we got for you today:✍️ Solana Actions: Crypto power......
Ripple CEO Says Biden Will Lose Election Because of SEC’s Gensler
In his interview on Bloomberg Live, SEC Chair Gary Gensler took another jab at the crypto industry. Gensler's recent statement pushed the Ripple CEO to speak about Gensler and his actions against the crypto industry. Key points from Gensler's statement: Thousands of tokens are being offered as investment contracts without proper disclosure. Intermediaries like exchanges......
Robert Kiyosaki Shares His Bitcoin Strategy Amid the Dip
Robert Kiyosaki, the author of "Rich Dad Poor Dad," has once again shared his insights on Bitcoin investment strategies. In his latest tweet, Kiyosaki spoke about the recent Bitcoin crash and what he is doing during this dip. Key points: Kiyosaki views market crashes as buying opportunities He advocates for a "buy and hold" strategy......
🥛 This $100B+ man has Bitcoin fever 🔥
Today’s edition is brought to you by Harpie – the leading crypto security tool that protects your wallet from theft with always-on threat detection and real-time fund recovery.Secure your wallet for free →GM. This is Milk Road, the crypto newsletter that's as enlightening as finally understanding the offside rule in soccer.Here’s what we got for......
