Search
U.S. Firms Receive Subpoenas as SEC Seeks to Classify Ethereum as a Security
The U.S. Securities and Exchange Commission (SEC) has reportedly initiated a legal campaign to classify Ethereum, the world's second-largest cryptocurrency, as a security. According to a Fortune report, U.S. companies that have received subpoenas related to the investigation believe the SEC's actions are delivering a significant setback to the crypto industry's hopes for the approval......
🥛 Happy FOMC Day! 👀
Today's placement is brought to you by Mood – where you can order THC as easy as ordering groceries. Try now and get 20% off!GM. This is Milk Road. We drop off crypto insights right at your doorstep - no need to chase down the truck.Here’s what we got for you today:It’s FOMC Day. Here’s what......
Extradition of Do Kwon to South Korea Finalized
A Montenegro appeals court has denied Terraform Labs founder Do Kwon's bid to overturn a previous ruling that approved his extradition to South Korea. Released on Wednesday, the official notice confirms that Kwon will now face criminal charges in his home country related to the collapse of his multi-billion-dollar Terra-LUNA ecosystem. Key points: The Montenegro......
Ethereum Foundation Faces Investigation from State Authority
The Ethereum Foundation, a Swiss non-profit organization that plays a central role in the Ethereum ecosystem, has disclosed that it is currently the subject of an investigation by an undisclosed state authority. According to CoinDesk, on February 26, 2024, a commit on the organization's website's GitHub repository made the information public. The message stated that......
Robinhood Wallet Expands to Android Users Globally
Robinhood has announced the global release of its crypto wallet to all eligible Android users. The launch follows the successful introduction of Robinhood Wallet in 2023, which has already been downloaded hundreds of thousands of times across more than 140 countries. Key points: Robinhood Wallet is now available to all eligible Android users globally. Android's......
Apple Co-Founder Wins Crucial Appeal in YouTube Lawsuit Over Bitcoin Scam
Apple co-founder Steve Wozniak has prevailed in the latest round of his legal battle against YouTube. The legal dispute was regarding deepfake videos showcasing his appearance in a Bitcoin scam in 2020. According to Bloomberg, the San Jose appeals court overturned a lower court's decision that had previously acquitted YouTube of any responsibility in the......
Sam Bankman-Fried’s Defense Challenges DOJ’s 50-Year Sentence Proposal
In a letter submitted to District Judge Lewis Kaplan on Tuesday, defense team of Sam Bankman-Fried opposed the Department of Justice's (DOJ) recent sentencing memorandum. The DOJ recommended a prison term of 40 to 50 years for the FTX founder. The defense argued that the government's proposal was unjust and painted an inaccurate picture of......
Ledger To Launch Much-Anticipated Crypto Wallet in May
Ledger, a prominent manufacturer of crypto hardware wallets, has disclosed to CNBC that its much-awaited Ledger Stax will be available to the public in May. The iPod's creator, Tony Fadell, created the sleek, credit card-sized Stax. Despite facing several challenges, including shipment delays due to issues with the E-ink display and production bottlenecks, Ledger CEO......
Genesis Agrees to Pay $21 Million Penalty in SEC Settlement
Genesis has agreed to pay a civil penalty of $21 million and submit to a permanent injunction as part of a settlement with the U.S. Securities and Exchange Commission (SEC). According to a recent press release, the settlement resolves charges that Genesis engaged in the unregistered offer and sale of securities through its crypto asset......
🥛 Uh-oh! Prices are dropping… 👀
Today’s edition is brought to you by Phemex - a top 5 crypto exchange that has captivated the crypto community with the rollout of its innovative social trading platform, Phemex Pulse.Explore Trading Groups that Pay YOU!Milk Road here, where we break down the crypto market like a mechanic with an old truck – we know......
