Results For: Cryptocurrencies
Tether (USDT) Leads Cryptocurrencies in Illegal Transactions: TRM Labs
A recent report by blockchain analytics firm TRM Labs sheds light on the state of illicit activity within the cryptocurrency ecosystem in 2023. The report, titled “The Illicit Crypto Economy,” reveals that the total amount of illicit funds in the crypto space has decreased by 9% compared to 2022. However, criminals still managed to handle …...
🥛 58% of cryptocurrencies are dead. Here’s why… 👀
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 the Milk Road. Crypto can be a hard nut to crack – let us crack it for you. …...
India’s SEBI Recommends Multi-Regulator Approach for Crypto Oversight
The Securities and Exchange Board of India (SEBI) has recommended that multiple regulators should oversee various aspects of crypto trading in the country. This stance, revealed in documents seen by Reuters, marks the strongest indication to date that at least some Indian authorities are open to allowing the use of private virtual assets. Key points: …...
North Korea Laundered $147.5 Million Via Tornado Cash: UN
United Nations sanctions monitors have revealed information about North Korea’s illicit financial activities in a confidential report that Reuters saw on Tuesday. The report, submitted to a U.N. Security Council sanctions committee on Friday, details how the nation laundered $147.5 million through Tornado Cash in March. Key findings from the report: Also read: Sonne Finance …...
Sonne Finance Falls Victim to $20M Hack, Forcing Protocol to Pause Operations
Lending protocol Sonne Finance has suspended its operations following a hack that resulted in the theft of $20 million worth of cryptocurrencies from the platform. The incident, which occurred on May 14 at approximately 10:30 p.m. UTC, was first detected by Web3 security firm Cyvers. The firm noted an ongoing attack targeting Sonne Finance’s USD …...
🥛 4 KEY things to watch this week 🔑
Today’s edition is brought to you by MetaMask – the leading self-custodial wallet to manage your identity, digital assets and to explore web3. Secure your crypto journey today!...
🥛 FTX Creditors Rejoice❓
Today’s edition is brought to you by Safe{Wallet} – a decentralized custody protocol and collective asset management platform that secures over $100 billion in digital assets with multi-layered security. Secure your digital future — explore Safe{Wallet} today. GM. This is Milk Road, welcome back to your DAILY crypto news and please excuse the sour milk in yesterday’s …...
Donald Trump’s Potential Return Could Boost Bitcoin: Standard Chartered
In a recent research report, Standard Chartered, a prominent investment bank, highlighted the growing risk of U.S. fiscal dominance and its potential impact on the cryptocurrency market. The report suggests that the monetization of government debt by the Federal Reserve could drive investors towards alternative assets, such as cryptocurrencies. Key points: According to Geoff Kendrick, …...
Robinhood To Prevail Against SEC Despite Wells Notice: KBW
The Securities and Exchange Commission’s (SEC) recent issuance of a Wells Notice to Robinhood (HOOD) has taken analysts at Keefe, Bruyette & Woods (KBW) by surprise. KBW released a research report on Monday, highlighting Robinhood’s conservative approach to digital asset listings. Key points: According to the KBW report, Robinhood distinguishes itself from its competitors by …...
🥛 5 things to watch this week 👀
Today’s edition is brought to you by Consensus – join the community of developers, investors, founders, brands, policymakers, and more who are taking crypto from the margins to the mainstream at the 10th annual Consensus, May 29 – 31 in Austin, Texas. Use code MILKROAD for 20% off. GM. This is Milk Road, welcome back to your …...
