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Crypto Funds See Modest $176M Inflows, with Ethereum Benefiting the Most
According to the latest report from CoinShares, the crypto sector has seen a modest $176 million inflow of capital after last week's $528 million outflow. Key points: Crypto fund inflow hit $176 million as investors realized the buying opportunity. Ethereum attracted $155 million in inflows last week. Year-to-date inflow hits $862 million. Bitcoin weekly inflows......
🥛 How to get exposure to crypto w/o owning crypto! 🎯
Today’s edition is brought to you by Stier Trade– an account abstraction-powered trading & automation platform that merges the best features of CEXs with the privacy of DEXs. Join the new meta of memecoin trading!GM! This is Milk Road, the crypto newsletter that's like that first Friday sip of your favorite drink—smooth, refreshing, and just what......
🥛 WTF just rocked the crypto world? 😣
Today’s edition is brought to you by Global PYUSD Portal Hackathon - the online hackathon, in collaboration between PayPal and Portal built on Solana.Applications are open now until August 19 — register here!GM. This is Milk Road, where the crypto scoops are as wild as that weekend sell-off!Here’s what we got for you today:✍️ WTF......
Crypto Funds See $528M Outflows as Bitcoin and Ethereum Bleed
According to the latest report from CoinShares, the crypto sector has seen a $528 million outflow of capital as the market turned bearish. Key points: Crypto funds saw outflows for the first time in four years. Bitcoin saw outflows totaling $400 million. Ethereum outflows hit $146 million. Major altcoins show double-digit losses as the market cap drops......
SEC Charges BitClout Founder with $257 Million Crypto Fraud
The U.S. Securities and Exchange Commission (SEC) has filed charges against Nader Al-Naji. Al-Naji is the founder of the social media platform BitClout. The SEC accused Al-Naji of allegedly running a fraudulent cryptocurrency scheme. The regulator also claims that Al-Naji raised over $257 million through illegal sales of the platform's BTCLT tokens. Key allegations from......
Ethereum Remains Most Targeted Chain as Crypto Hackers Steal $572M in Q2
According to the latest report by Immunefi, losses due to crypto hacks and fraudulent activities rose during the second quarter of 2024. As per the data, total losses amount to a staggering $572.7 million in Q2 2024. This figure represents a 112% increase compared to the same period in 2023. Key points: Hacks accounted for......
Crypto Funds See Muted $254M Inflows, but There’s a Catch
According to the latest report from CoinShares, the crypto sector has seen a muted $254 million inflow of capital even though the market turned bullish. Key points: Total inflows into digital asset investment products reach $20.5 billion year-to-date. The inflows show a mixed picture for various cryptocurrencies. Trading volumes spiked to the highest levels since May.......
HSBC Australia Halts Crypto Exchange Payments Following $171M Scam
According to the latest details that surfaced, HSBC's Australian wing has sent an email to its customers saying that it will begin blocking payments to crypto exchanges. The bank had stated in the mail that it would begin on July 24. As per the report from Finance Magnets, the primary reason for the move is......
🥛 Top 3 crypto founders reshaping our future 🧑💼
Today’s edition is brought to you by Agoric – a web3 native, on-chain orchestration platform for chain abstracted applications.Innovate your applications with Agoric.GM. This is Milk Road, your daily dose of reliable crypto news—because unlike Windows computers, we never crash! 🟦 Here’s what we got for you today:✍️ Top 3 crypto founders💰 Funding Friday: Special edition🎙️......
🥛 Double your crypto? Sanctum tries a new airdrop strategy 🪂
GM. This is Milk Road, the crypto newsletter that’s more refreshing than jumping into a pool on a scorching summer day.Here’s what we got for you today:✍️ Top 3 index tokens✍️ Sanctum drops new airdrop meta🥛 PRO portfolio updates🎙️ The Milk Road Show: Blackrock CEO Larry Fink "Bitcoin is Legit" + ETH ETF Launch Date......