Ledger CEO says ‘sharded’ recovery seeds could be disclosed on subpoenaes
Ledger CEO says ‘sharded’ recovery seeds could be disclosed on subpoenaesThe wallet company has admitted that any government could force it and other parties powering Ledger Recover to surrender user wallet seeds.
Happy Tuesday!The global crypto market cap is $1.14 trillion, with a 24-hour volume of $30.32 billion. The price of Bitcoin is $27,299.83, and BTC market dominance is 46.4%. The price of Ethereum is $1,855.52, and ETH market dominance is 19.6%. The best-performing sector is Media, which gained 33%. The Crypto Fear & Greed Index is currently Neutral (50). Top News
Ledger CEO says ‘sharded’ recovery seeds could be disclosed on subpoenaesThe wallet company has admitted that any government could force it and other parties powering Ledger Recover to surrender user wallet seeds. Stablecoin exchange balance drops below $20BCryptoSlate Insight reports that exchange liquidity for stablecoins like USDT and USDC are now at lows not seen since early 2021. Dash experiences outage lasting over 18 hoursNode operators must upgrade to a new client version en masse to restore activity. Latest Insights
More NewsTreasury Secretary Yellen repeats warning of US debt defaultSecretary of the Treasury Janet Yellen said that her agency could be unable to pay the bills of the U.S government by early June. Binance regularly commingled customer funds with corporate revenue in 2020 and 2021: ReutersBinance has denied the allegations in a new Reuters story claiming the exchange commingled corporate and user funds in its Silvergate accounts. On-chain Cardano analysis highlights ‘positive trends’Analysis by IntoTheBlock suggested Cardano's On-Chain Metrics Signal Optimism with Stable Transactions, Rising Volume, and Whale Activity CryptoSlate wMarket update: Bitcoin reclaims $27,000 amid flat marketThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. South Korean exchange Coinone execs indicted in paid listing, market manipulation scandalCoinone leaders were paid to list at least 46 cryptocurrencies.
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Biden opposes agreement that could protect “tax cheats and crypto traders”
Monday, May 22, 2023
The Biden administration previously said that cutting tax loopholes could save $18 billion despite competing proposals from the Republican party.
Tether’s Bitcoin bet puts it in competition with MicroStrategy, has potential to cause market volatility
Sunday, May 21, 2023
CryptoSlate's latest market report dives deep into Tether's plan to buy Bitcoin every month and analyzes the impact it could have on the market.
Cardano’s Hoskinson calls Ethereum Classic ‘scam’ after Ergo’s exclusion from Proof-of-Work Summit
Saturday, May 20, 2023
Cardano founder Charles Hoskinson said Ergo is what Ethereum Classic should have been because it "continues to innovate [and] has a purpose."
PSYOP memecoin faces identity crisis amidst questionable token launch
Friday, May 19, 2023
Explore the PSYOP token drama as its creator accuses a rival of imitation, and an independent media studio condemns the project as a scam from top to bottom.
Bitboy dumps eponymous crypto tokens after promising not to sell
Thursday, May 18, 2023
Bitboy defended his sales, saying the BEN token has a new backer struggling to move funds through traditional accounts.
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