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🥛$ETH outperforms $BTC & $SOL 📈 No, seriously!
Today’s edition is brought to you by Eigenpie - the go-to platform for stacking yield on your $ETH and liquid staking tokens.Start earning more with Eigenpie!GM. This is Milk Road. The ‘DoorDash’ of crypto — delivering you daily insights, with a side of laughs.Here’s what we got for you today:✍️ Last week’s top gainers ($ETH......
Coinbase Launches cbBTC Wrapped Bitcoin on Solana, Expanding its Crypto Reach
Coinbase's wrapped Bitcoin product, cbBTC, is coming to the Solana network, allowing users to utilize Bitcoin for decentralized finance (DeFi) applications. Key points: Coinbase expands cbBTC: Coinbase announced plans to bring cbBTC to Solana at Breakpoint 2024. Wrapped Bitcoin for DeFi: Users will retain control of Bitcoin while using it as collateral in DeFi. Solana......
Kamala Harris Pledges Support for Crypto Innovation, Consumer Protection at Wall Street Fundraiser
Vice President Kamala Harris promised to promote AI and crypto while protecting consumers during a Wall Street fundraiser. Key points: Crypto-friendly policies: Harris vows to promote AI and digital asset innovation. Consumer protection focus: She emphasized strong protections for consumers and investors. "Opportunity Economy" vision: Harris aims to unite various sectors to boost U.S. competitiveness.......
Bitfarms and Riot Platforms Resolve Takeover Dispute
Bitfarms and Riot Platforms reached a settlement, limiting Riot's stake in Bitfarms to 20% unless approved by the board. Key points: Hostile takeover halted: Riot’s attempt to acquire Bitfarms has paused. Board changes: Bitfarms co-founder steps down; Amy Freedman joins. Ownership cap: Riot can't own more than 20% without approval. Shareholder meeting: May be delayed,......
🥛 Crypto might have lost me my inheritance 😔
GM. This is Milk Road, welcome to a surprise Sunday edition that’ll hit you like accidentally sending your boss a meme instead of a work file—awkward, but unforgettable.FIXING CRYPTO’S USABILITY PROBLEM 🔧“Chain abstraction.” Silly name. Very important solution.It’s the process of making crypto work without the need for an instruction manual. That means: No needing to check which......
Is Solana about to be dethroned? 👑
GM! Welcome to Milk Road PRO – the newsletter that collects crypto market insights, like a magpie collects shiny objects.Solana holders…how often are you pinching yourselves?It’s wild to think back to the start of 2023, when you could pick up $SOL for ~$10 per token.While nigh on a year later, its year-to-date (YTD) range is......
🥛 Q4 = Crypto Christmas 🎅 Here’s why…
Today's edition is brought to you by Gemini – your trusted US-based crypto exchange, whether you're new to the game or a pro. Start trading and snag $15 in $BTC just for getting started!GM. This is Milk Road – call us ‘Crypto Santa Claus,’ cause we're delivering the gift of positive crypto news!Here’s what we got......
Ethereum’s Pectra Upgrade Set to Roll Out in Two Stages
Ethereum’s next upgrade, Pectra, will be split into two forks to implement over 20 Ethereum Improvement Proposals (EIPs) without delays. Key points: Split into two forks: Pectra 1 and Pectra 2. Pectra 1 includes 8 EIPs: These are undergoing tests on Devnet 3. Pectra 2: Includes PeerDAS and 12 other EIPs. Developer debate: Some opposed......
BingX Crypto Exchange Suffers $43M Loss in Hack
Hackers attacked BingX’s hot wallet and stole $43M. The exchange is working to resolve the issue and compensate users. Key points: Hackers target hot wallet: Hackers breached BingX’s hot wallet, causing a major loss. $43M stolen: PeckShield estimates $43M in cryptocurrencies were taken. Quick detection: BingX’s team spotted the breach on September 20 and acted......
MicroStrategy Raises $1.01B for Massive Bitcoin Purchase
MicroStrategy raised $1.01 billion through convertible senior notes to fund Bitcoin acquisitions, continuing its aggressive crypto strategy. Key points: $1.01B raised: MicroStrategy completed a convertible note offering of $1.01 billion. Bitcoin focus: Proceeds will fund Bitcoin purchases and debt repayment. Debt repayment: $500M of secured notes will be redeemed. Note details: 0.625% interest, maturing in......
