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- 🥛 What you missed this week 👀
🥛 What you missed this week 👀
ByBit gets hacked for $1.4B, The SEC drops its case against Coinbase, and Jack Dorsey is Satoshi Nakamoto?
Today’s edition is brought to you by Crypto.com - a leading exchange that offers the OG crypto card.
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GM. This is Milk Road, the newsletter that’s here to catch you up on the good, the bad, and the ugly of this past week in crypto!
Huge legal wins for the world’s largest publicly traded crypto company? Presidential memecoin scams? Grand conspiracy theories?
This week had ‘em all! Let’s dive in…
WHAT YOU MISSED THIS WEEK
Crypto wins and losses: The SEC drops its Coinbase case 👍! The same day, ByBit is hacked for $1.4B 👎
On Friday morning, SEC staff agreed to dismiss their lawsuit against Coinbase, an hour later, news broke that ByBit got hacked for $1.4B (Yin, meet Yang).
Jack Dorsey = Satoshi Nakamoto? 🤔
Does this theory rely on an insane amount of vague, coincidental evidence? Yes. Is it still going to suck you down one helluva rabbit hole? Also yes.
🚨 FLASH UPDATE: Time to get greedy 🎙️
Kyle Reidhead, owner of Milk Road, decided it was time to record a video speaking directly to the entire Milk Road community, sharing our exact thoughts on the current market. It’s a banger! You don’t want to miss it.
When will markets move again? (The Business Cycle is giving us some hints) ⏰
This report covers: the catalyst needed for the next crypto pump, why everyone is looking in the wrong place for it, and what is likely going to happen next. 👇
Agoric Introduces Fast USDC
Agoric launches Fast USDC—cross-chain transfers in seconds. No more delays, no more missed opportunities.
The easiest way to make money in crypto? Get it for free.
One of the best ways to stack free crypto? Crypto cards.
And one of the best crypto cards out there? Crypto.com’s Visa Debit Card.
We could list all the perks—like up to 8% cashback or free Netflix (and chill 😉)—but let’s be real, the best thing about this card is:
It looks sleeeek. 💅
With 6+ stylish options to choose from, you’ll look pretty fkn cool every time you pay.
If you’re gonna spend, might as well earn free crypto (and look good doing it).
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AUDIENCE FAVORITES 🥇
Our weekly roundup of our top content — decided by you! Featuring the most-opened newsletter, most-viewed podcast, and most-viral tweet.
Newsletter: The biggest rug pull in history? 😳
The tally of celebrities and Presidents around the world tarnishing crypto’s reputation with memecoin frauds continues to grow...
PODCAST: Is the Traditional 4-Year Cycle Over in Crypto? w/ The Bitwise Boyz
The Bitwise Boyz think we could see the next crypto pump in just a few weeks, and that the crypto cycle is about to break its 4-year pattern! Click below to hear them lay out their theory.
Watch or listen on:
YouTube | Spotify | Apple Podcasts
TWEET:
Alright, we’re just about done yappin’!
Now it’s your turn to talk — which story from this past week will have the biggest impact on crypto moving forward?
ByBit getting hacked for $1.4B
The SEC dropping its case against Coinbase
The Jack Dorsey / Satoshi Nakamoto conspiracy theory
👉 Reply to this email with your answer! We want to hear your thoughts.
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MILKY MEMES OF THE WEEK 🤣
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RATE TODAY’S EDITION
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.