milk

MilkyWay officially announced that it has officially initiated the process to shut down the L1 mainnet. Before the shutdown, the team completed an on-chain upgrade and safely migrated all user assets from the MilkyWay L1 chain back to their respective native chains. This initiative aims to ensure that user assets return to their original blockchain networks intact and securely.According to the announcement, users who previously held assets on MilkyWay should now be able to view the relevant assets on the corresponding original networks. For example, TIA assets that were cross-chained from Celestia to MilkyWay should now be re-displayed on the Celestia network. If users are unable to see their assets, the official team recommends submitting their wallet addresses to the official team or leaving a message under the announcement post for further assistance.

MilkyWay has completed the final protocol revenue distribution to the community, distributing a total of 92,708 USDC. This amount was converted from fees collected in the form of TIA, INIT, and BABY tokens. The distribution is based on the final protocol snapshot, and eligible participants include: MILK holders, MILK stakers, and liquidity providers. A minimum threshold of 1 USDC has been set for this distribution, and addresses with a distribution amount below 1 USDC will not receive any allocation.According to previous news from ChainCatcher, MilkyWay announced that it is gradually ceasing operations and will permanently shut down. MilkyWay stated that the demand and adoption of decentralized finance did not meet expectations, and WayCard was launched too late to alleviate the financial pressure in a timely manner.

MilkyWay Protocol has announced that it is gradually ceasing operations and will permanently shut down. MilkyWay stated that the demand and adoption of decentralized finance did not meet expectations, and WayCard was launched too late to alleviate the financial pressure in a timely manner.MilkyWay's revenue primarily comes from liquidity staking fees, of which the protocol retains 10%. As part of the shutdown process, the earned protocol fees will be returned to MILK token holders by proportionally distributing USDC to eligible snapshot holders.

Binance contracts will automatically settle the SXPUSDT and MILKUSDT U-based perpetual contracts on December 5, 2025, at 17:00, and will automatically settle the OBOLUSDT and TOKENUSDT U-based perpetual contracts at 17:30. After the settlement is completed, the above trading pairs will be delisted. Users are advised to close their positions before trading stops to avoid automatic liquidation of positions.

ChainCatcher message, the copyright holder of the "Nai Long" anime IP, Seventh Impression Company, announced that recently, some illegal individuals have been using the "Nai Long" image to engage in Bitcoin issuance, false advertising, and illegal financial activities, seriously misleading the public and damaging the brand's reputation. Seventh Impression emphasized that since its establishment, the company has never engaged in or authorized any units or individuals to participate in virtual currency-related businesses and firmly opposes all illegal activities. The company has now initiated a legal review process and will hold the relevant parties accountable according to the law, and will report to the public security authorities if necessary.

ChainCatcher news, according to OneKey's Chinese Twitter, regarding the recent "Milk Sad incident" involving a random number vulnerability, the OneKey team clarifies that this vulnerability does not affect the security of the mnemonic phrases and private keys of OneKey's software and hardware wallets.The vulnerability originates from the Libbitcoin Explorer (bx) version 3.x, which uses a pseudo-random number generator based on system time and the Mersenne Twister-32 algorithm, with a seed space of only 2³² bits. Attackers can derive private keys through prediction or brute force. The affected range includes some older versions of Trust Wallet and all products using bx 3.x or older versions of Trust Wallet Core. OneKey states that its hardware wallets use EAL6+ secure chips with built-in TRNG true random number generators; older devices also pass SP800-22 and FIPS140-2 entropy tests; the software wallet uses system-level CSPRNG entropy sources to generate random numbers, meeting cryptographic standards. The team emphasizes that users are advised to manage assets using hardware wallets and should not import mnemonic phrases generated by software wallets into hardware wallets to ensure the highest level of security.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, some smart money quickly sold after buying the Binance Alpha project at the opening surge. In the past month, low buying and high selling of 9 projects have accumulated a profit of $396,000, with a win rate of 87.5% (8 wins and 1 loss).Among them, MILK had a single profit of $237,000, while BDXN, which went live today, is the only project that incurred a loss.

ChainCatcher message, the Celestia liquidity staking protocol MilkyWay Foundation has released a reminder that the application deadline for the first airdrop is May 29 at 18:00 (UTC+8). All unclaimed MILK will be distributed to the community treasury.

ChainCatcher news, according to the official announcement, the Binance futures platform will launch perpetual contracts at the following times:May 6, 2025, 21:30 (UTC+8): B2USDT perpetual contract, with a maximum leverage of up to 50 timesMay 6, 2025, 21:45 (UTC+8): MILKUSDT perpetual contract, with a maximum leverage of up to 50 times

ChainCatcher news, according to market data from RootData, the MilkyWay token (MILK) briefly broke through $0.163 and is currently reported at $0.154, with a 24-hour increase of 23.36%.According to the Web3 asset data platform RootData, MilkyWay is a liquid staking solution within the Celestia ecosystem. When users perform liquid staking of TIA tokens on MilkyWay, they receive an on-chain representation of the TIA staking status, called milkTIA. This allows Celestia token holders to gain liquidity on their staked assets, enabling them to trade or use it as collateral for various DeFi products.

ChainCatcher message, MilkyWay announced that the airdrop claim is now open, and the claim will close on May 29, 2025, at 18:00.

ChainCatcher news, according to the official website, Binance Alpha has launched MilkyWay (MILK).

According to GMGN market data, the new TGE event project MilkyWay token MILK on Binance Wallet opened at a tentative price of $0.133.

ChainCatcher message, according to the official announcement, Binance Wallet has announced the participation threshold for MilkyWay TGE, and Alpha points must reach 75 points.

According to ChainCatcher news, the Celestia liquid staking protocol MilkyWay Foundation has announced the MILK token economics, with a total supply of 1 billion tokens, specifically allocated as follows:Core Contributors -- 200 million MILK (20.00%);Early Private Round Investors -- 134.2 million MILK (13.42%);Early Supporters -- 35.5 million MILK (3.55%);Foundation -- 80 million MILK (8.00%);Community Round -- 52.5 million MILK (5.25%);Binance Exclusive TGE (Token Generation Event) -- 20 million MILK (2.00%);Binance Web3 Wallet Marketing -- 20 million MILK (2.00%): allocated for future marketing activities of the Binance wallet, with specific details to be announced later;Ecosystem Growth -- 165 million MILK (16.50%);Massdrop -- 100 million MILK (10.00%): allocated to early users, including mPoint holders, Moolitia NFT holders, and milkINIT testers, released in four phases;Community Growth -- 192.8 million MILK (19.28%).

ChainCatcher news, Binance Wallet announced that on April 29th from 16:00 to 18:00 (Beijing time), it will launch the 13th MilkyWay token MILK exclusive TGE event through PancakeSwap. Participants need to confirm their Alpha Points threshold eligibility before the event starts. An additional 20 million MILK will be allocated for future marketing activities, with specific details to be announced later.

ChainCatcher news, according to official information, the liquidity staking protocol MilkyWay Foundation's official account @MilkyWayFDN has been registered and launched.