ByBit gets hacked for $1.4B, The SEC drops its case against Coinbase, and Jack Dorsey is Satoshi Nakamoto?
February 23, 2025 | Read Online | 🥛 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. | Check out the Crypto.com Debit Card | | 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). | Read the full newsletter here! |
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| | | | | 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. | Read the full newsletter here! |
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| | | | | 🚨 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. | Watch it on YouTube! |
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| | | | | 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. 👇 | Read the full report here. |
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| | | | | Agoric Introduces Fast USDC | Agoric launches Fast USDC—cross-chain transfers in seconds. No more delays, no more missed opportunities. | Learn more about Fast USDC here. |
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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... | Read the full newsletter here! |
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| | | | | 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 |
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| | 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. | | MILKY MEMES OF THE WEEK 🤣 | | | | | RATE TODAY’S EDITION | What'd you think of today's edition? | | | 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. |
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