PLUS: 5 things you need to keep your eyes on the rest of this week ð September 12, 2023 | [Read Online]( Todayâs edition is brought to you by [Evolve Markets]( - the top place for leveraged trading of crypto, stocks, commodities, and forex in the most private and secure way. [Start Trading!]( GM. This is Milk Road, the daily newsletter that surfs the crypto waves with more style than a penguin in a tuxedo. Hereâs what we got today: - Twitter users are in danger ð¨ - Graph of the Day: Weekly crypto funds flow report ð - 5 things you need to watch the rest of this week ð - PayPal launches a new crypto âoff-rampâ ðª
[Prices as of 9 AM ET. Click here for our Fear & Greed Index]( TWITTER USERS ARE IN DANGER ð¨ A few days ago, Vitalik Buterin - the founder of Ethereum and Milk Road hero - got hacked on Twitter. (turns out he bleeds just like the rest of us) Yesterday, we found out how it happenedâ¦
[Source: @Vitalik.eth]( There were 2 big lessons: 1/ Vitalik uses T-Mobile. (Weâre deducting 20 Milk Points after seeing thisâ¦ð¤ ) 2/ Twitter users are vulnerable through their phone numbers.
[Source: @TimBeiko]( Turns out thereâs a big vulnerability on Twitter where hackers can bypass two-factor authentication and reset your password - just by using your phone number. So, what should you do? Remove your phone number from the app altogether. Hereâs how: - Go to âSettingsâ - Go to âYour Accountâ - Click on âAccount Informationâ - Click on âPhoneâ (if your phone number is connected, it should appear) - If your phone number appears, delete it! P.S. - Twitter Blue users need to enter a phone number when they sign up, but this can be removed after the sign-up is complete. P.P.S. - There are rumors that Twitter Blue users who remove their phone numbers get limited features (i.e. you canât participate in Community Notes, etc.) - but in our opinion, the trade-off is worth it. Milk Road Rule #56: Treat security like your teeth - keep âem clean or things get nasty! [LEVEL UP YOUR TRADING GAME]( The Milk Manâs got a new favorite [trading platform](. Weâre calling it the Amazon of crypto over at Milk Road. Thatâs because itâs fast, cheap, and always delivers. And just because [Evolve Markets]( accels in speed and cost, doesnât mean they are cutting corners anywhere else. [Evolve Markets](: - Allows users to get started in minutes with a simple crypto deposit, keeping userâs privacy top of mind - Brings some of the best trading conditions in the industry: ZERO deposit, withdrawal, or conversion fees, low trading fees, and the narrowest spreads - Offers the ability to trade high leverage on crypto, stocks, indices, commodities, and forex And when you convert more than $50 of funds on Evolve, youâll instantly receive a bonus ranging from $1-10. You can convert between BTC, ETH, SOL, LTC, and USD. [Start trading like a pro on Evolve Markets!]( *Evolve Markets is not available for citizens or residents of the United States, and certain jurisdictions, including where restrictions may apply. GRAPH OF THE DAY: WEEKLY CRYPTO FUNDS FLOW REPORT Â ð
[Source: CoinShares]( The latest [Weekly Crypto Funds Report]( recently dropped. The results? $59M in total outflows. Here are some of the biggest takeaways: - [BTC]( saw the bulk of outflows, totaling $69M (giggity). To add salt to the wound, short-Bitcoin products saw inflows of $15M.  - [ETH]( has become the âleast loved digital assetâ amongst institutional investors. ETH has seen $108M in outflows this year - 2x more than any other asset. (#2 on the list: Tron with $51M in outflows) - Weekly trading volume is decreasing. According to the report, weekly trading volume dropped 73% compared to the week before. This was the 4th straight week that crypto funds have sold off more than they bought - bringing the total outflows to $294M. Ouch. Analysts believe this is due to a mix of regulatory worries and a recent recovery in the dollar strength. Weâll see if the streak of outflows gets broken next week. 5 THINGS YOU NEED TO WATCH THE REST OF THIS WEEK ð Ladies and gents, the rest of this week is jam-packed with action. Congressional hearings. Token unlocks. Crypto events. Macro stuff. You name it. Lucky for you, weâve got your back. Hereâs a list of all the big things you NEED to be watching this week: - September 12 (today): Gary Gensler - the head of the SEC and ACC (aka the Anti-Crypto Club) - is speaking before the U.S. Senate Banking Committee to argue why most cryptocurrencies are securities and why the SEC should be in charge of regulating the industry. - September 13: The U.S. will release the Consumer Price Index (CPI) data for August. - September 13: The Delaware Bankruptcy Court will vote on whether to approve/deny [FTXâs liquidation plan](. - September 16: $APE (the native token for the Bored Apes ecosystem) will unlock 11% of its supply - worth $47.5M. Itâs one of the biggest token unlocks of the year! On top of that, [big crypto events]( like Permissionless II and TOKEN2049 are kicking off this week. Fun fact: Crypto projects usually drop big announcements like new products, services, etc. at these events. Not-So-Fun-Fact: Crypto prices [usually drop]( during conferences. As always, weâll keep you updated on all the big news that happens! (All you gotta do is check those inboxes) BITE-SIZED COOKIES ðª [ZKX, an omnichain perpetual exchange, has introduced its ZKX Appchain.]( This move is a key element of their long-term strategy aimed at bridging the gap between traders' performance and security. * [PayPal is rolling out a new crypto âoff-rampâ](. The new feature will help users easily convert their crypto back into USD. [Apple paid $5M to buy the rights to Michael Lewisâ upcoming book about Sam Bankman-Fried](. The book is called Going Infinite: The Rise and Fall of a New Tycoon and will be released on October 3. [Northern Trust is launching a new platform for institutional carbon credit transactions](. The global financial services firm is looking to bridge the gap between institutional buyers and project developers. [SushiSwap is expanding to the Aptos blockchain](. The popular decentralized exchange will soon be available on Ethereum and Aptos. #2Chainz [Bitget (a crypto exchange) is launching a $100M fund called EmpowerX.](The fund will invest in crypto exchanges, data analytics firms, media companies, and more. *This is sponsored content MILKY MEMES ð¤£
[Source: @AlanCarroII](
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- [ð¥ You didn't bring the heat]( ROADER REVIEW OF THE DAY VITALIK PIC OF THE DAY [tw profile: Milk Road Images] Milk Road Images @MilkRoadImages [tw] Bucket hat game: 12/10 Sep 12, 2023 0 Likes 0 Retweets 0 Replies 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. [tw]( [ig]( [yt]( [tk]( [in]( Update your email preferences or unsubscribe [here]( © Milk Road 603 Munger Avenue Suite 100 #1006
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