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Published: August 20, 2024   |   Last Updated: August 20, 2024
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February 21, 2025

🥛 Crypto wins! SEC drops Coinbase case 🔥

Today’s edition is brought to you by Flare - a full-stack layer-1 blockchain designed for data intensive use cases, including DeFi for non smart contract assets.Check out Flare’s DeFi carnival live nowGM. This is Milk Road, your crypto referee (we tally the industry’s wins and losses, and send them straight to you).Here’s what we got......

December 3, 2024

🥛 There’s a new sheriff (SEC Chair) in town 🤠

Today’s edition is brought to you by Osprey Funds - your gateway to institutional-grade crypto products.Check out their products todayGM. This is Milk Road – “the cold pizza of crypto newsletters.” (Enjoyable, anytime).Here’s what we got for you today:✍️ 7 crypto bulls on Trump’s roster✍️ Forget L2’s – Superchains are where it’s at!🥛 Milk Road......

September 24, 2024

Celestia Foundation Secures $100M in Funding Round Led by Bain Capital Crypto

Celestia Foundation raised $100M in a funding round led by Bain Capital Crypto, bringing its total funding to $155M. Key points: $100M raised: Celestia’s total funding now stands at $155M. Bain Capital leads: Bain Capital Crypto spearheaded the latest round. Other investors: Syncracy Capital, 1kx, Robot Ventures, and Placeholder participated. Scalability focus: Celestia’s modular blockchain......

September 12, 2024

eToro Settles with SEC for $1.5M

eToro will pay a $1.5M fine to the SEC and reduce its crypto offerings in the U.S. after being accused of operating without proper registration. Key points: SEC fine: eToro will pay $1.5M to settle charges. Fewer crypto tokens: eToro will stop supporting several crypto tokens in the U.S. Limited U.S. offerings: Bitcoin, Ethereum, and......

August 29, 2024

🥛 OpenSea joins the SEC’s ‘Most Wanted’ list 🚨

Today's edition is brought to you by Caleb & Brown - helping you buy, sell, swap and safely store crypto, 24/7, through your very own personal crypto brokerSign up and meet your personal crypto broker todayGM! This is Milk Road—Thursday vibes are here, and so is the SEC. OpenSea’s on the hot seat, and we’re......

August 8, 2024

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......

August 8, 2024

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......

August 6, 2024

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.......