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Solana Foundation Weighs In on Racist Meme Coin Controversy
The recent proliferation of meme coins on the Solana blockchain with racist themes and offensive names has ignited a heated debate within the cryptocurrency community. During a panel discussion at the BUIDL Asia summit in Seoul, experts weighed in on the issue. They discussed whether wallet apps, decentralized exchanges, and nodes should take steps to......
🥛 March Recap: 3 big winners 👀
Today’s edition is brought to you by CoinTracker – a crypto tax solution that simplifies filing with thousands of seamless integrations and auto-import to TurboTax. Generate accurate reports and file in minutes today! GM. This is Milk Road, where we deliver your crypto insights like the paperboy – right to your digital front porch, every......
UK Judge Freezes $7.6M of Craig Wright’s Assets Amid Satoshi Nakamoto Claim Fallout
A UK judge has approved the freezing of £6 million ($7.6 million) worth of assets belonging to Craig Wright. Wright is an Australian computer scientist who claimed to be Satoshi Nakamoto, the creator of the Bitcoin network. Judge James Mellor issued the court order to stop Wright from moving his assets offshore and avoid court......
Ethereum Co-Founder Vitalik Buterin Calls for Positive-Sum Meme Coins
In a recent blog post, Ethereum co-founder Vitalik Buterin called for a more positive approach to meme coins and crypto games. Buterin also urged developers to create projects that contribute positively to the ecosystem and the world at large. Buterin's post comes amidst growing concerns about the rise of meme coins, particularly on the Solana......
Detained Binance Executive Sues Nigerian Authorities
Tigran Gambaryan, a detained executive from the global cryptocurrency exchange Binance, has filed a lawsuit against Nigeria's National Security Adviser and the Economic and Financial Crimes Commission (EFCC). Gambaryan accused the government of allegedly violating his basic human rights. Local sources state that Gambaryan's move alleges violations of the Nigerian constitution in relation to his......
🥛 1 BIG thing you need to watch tomorrow 👀
GM. This is Milk Road, we bring you crypto insights like a hit from a Capri Sun after soccer practice - refreshing and rewarding. Here’s what we got for you today:$15.2B in quarterly options contracts are expiring 👀It’s official: The Milk Man’s gone PRO 😎VCs are ‘aggressively’ returning to crypto 🍪Prices as of 12:30 PM......
US and UK Investigate $20B USDT Transactions Linked to Russia’s Garantex
The US and the UK are currently reviewing more than $20 billion worth of USDT transactions that have passed through Garantex, a Russia-based crypto exchange, according to Bloomberg. This investigation is part of the ongoing efforts by the allies to clamp down on sanctions evasion that has been supporting Russian President Vladimir Putin's war in......
$336.3M Lost in Crypto Hacks and Fraud in Q1 2024: Immunefi
In a recent report, Immunefi, a leading web3 bug bounty and security services platform, stated that the crypto ecosystem experienced a 23.1% decrease in losses during the first quarter of 2024 compared to the same period in 2023. Despite this decline, the report highlights that the industry still lost $336.3 million to hacks and fraud......
Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud
Sam Bankman-Fried, the disgraced founder and former CEO of the now-defunct cryptocurrency exchange FTX, has been sentenced to 25 years in prison by a Manhattan court. The sentencing comes after Bankman-Fried's conviction in November on seven counts of fraud and conspiracy related to the operation and subsequent collapse of FTX. The collapse of FTX resulted in the......
Nexo Introduces Free, Instant Crypto Transfers via Email And Phone
Nexo has announced a new feature that allows users to send and receive cryptocurrencies and stablecoins between accounts instantly and without fees. This addition to the platform enables individuals to transfer crypto by simply entering the recipient's Nexo platform-registered email or phone number, facilitating seamless peer-to-peer (P2P) transactions. Read more: Dutch Prosecutors Recommend 64-Month Jail......
