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🥛 Is Uniswap the Amazon of crypto? 🤔
Today's edition is brought to you by Pyth Network - the leading blockchain oracle that has powered over $700B in transaction volume across 400+ applications and 70+ blockchains. Get rewarded for protecting DeFi with Pyth.GM. This is Milk Road – the Sharpie that connects the dots of the crypto world!Here’s what we got for you today:✍️......
China Eyes $142 Billion Lifeline for Struggling Banks
China plans to inject $142 billion into its top state banks to boost their lending capacity and support the faltering economy. Key points: $142 billion boost: China plans to inject 1 trillion yuan into major banks. Economic challenges: Rising bad debt, low profits, and slow growth put pressure on the banks. Bond funding: Special sovereign......
Ethena Launches New UStb Stablecoin Backed by BlackRock’s Tokenized Fund
Ethena will release $UStb, a stablecoin backed by BlackRock's tokenized U.S. Treasuries fund, BUIDL. It offers a safer alternative to its current $USDe. Key points: Introducing $UStb: Ethena plans to launch $UStb, partnering with Securitize. Backed by BlackRock's BUIDL fund: $UStb ties directly to tokenized U.S. Treasuries. Separate from $USDe: $UStb provides a different risk......
🥛$ETH’s fees are back baaaby! 📈 We have the charts to prove it…
Today's edition is brought to you by Blockscout - the block explorer that’s smoother than your morning milk. Browse dApps and data across 600+ EVM chains, and start your day right.Explore like never before with Blockscout.GM. This is Milk Road – the all-in-one body wash of crypto (news, insights, laughs).Here’s what we got for you......
Caroline Ellison Sentenced to Two Years for Role in FTX Collapse
Former Alameda CEO Caroline Ellison will serve two years in prison for her involvement in the collapse of FTX, following her cooperation with authorities. Key points: Two-year sentence: Ellison received two years for her role in FTX's downfall. Pled guilty in 2022: She admitted to conspiracy and fraud charges. Forfeiting $11 billion: She must give......
Visa to Pilot Tokenized Asset Platform on Ethereum Blockchain in 2025
Visa will launch a pilot project in 2025 to help banks tokenize fiat currency on Ethereum, making transactions faster and more secure. Key points: Visa launches new platform: The Visa Tokenized Asset Platform (VTAP) allows banks to experiment with blockchain-based tokens. Pilot starts in 2025: The initial rollout will happen on the Ethereum blockchain. Fiat-backed......
🥛 Is China about to pump $ETH & $BTC? ⛽
Today's edition is brought to you by Pyth Network - the leading blockchain oracle that has powered over $700B in transaction volume across 400+ applications and 70+ blockchains. Get rewarded for protecting DeFi with Pyth.GM. This is Milk Road. We print crypto insights faster than a central bank prints cash!Here’s what we got for you today:✍️......
Polymarket Targets $50M Amid 2024 U.S. Election Betting Surge, Token Launch Expected
Polymarket is raising $50M as election betting on its platform hits new highs. The company is also planning a token launch to enhance real-world event validation. Key points: $50M funding goal: Polymarket aims to secure new capital during the U.S. election betting frenzy. Potential token launch: A new token could simplify event outcome verification and......
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......
EigenLayer Airdrop Season 2 Just Dropped – Claim Safely with Verified Links
EigenLayer’s Season 2 airdrop is live! If you've staked or contributed to the protocol, claim your $EIGEN tokens now using the official links below before the March 2025 deadline. Key points: EigenLayer season 2 airdrop is officially open. Eligible stakers, ecosystem partners, and community members can claim their rewards. Claim window runs through March 16,......