Trezor sales soar 900% amid Ledger’s seed recovery controversy
Trezor sales soar 900% amid Ledger’s seed recovery controversyTrezor said a remote seed phrase extraction is impossible on its hardware wallets, adding that it would never implemented.
Happy Friday!The global crypto market cap is $1.12 trillion, with a 24-hour volume of $28.66 billion. The price of Bitcoin is $26,816.67, and BTC market dominance is 46.3%. The price of Ethereum is $1,830.07, and ETH market dominance is 19.6%. The best-performing sector is Entertainment, which gained 78%. The Crypto Fear & Greed Index is currently Neutral (49). Top News
Trezor sales soar 900% amid Ledger’s seed recovery controversyTrezor said a remote seed phrase extraction is impossible on its hardware wallets, adding that it would never implemented. Algorand Foundation CEO says ‘we don’t think about price’Algorand Foundation CEO Staci Warden addressed difficult questions regarding price, regulatory pressure, and security. Morgan DF Fintoch goes radio silent after rugging $31.6MMorgan DF Fintoch's $31.6 million exit scam exposes fake CEO, false claims, and triggers a warning from Singapore's watchdog. Latest Insights
More NewsHex market cap loses $4 billion in a weekHex's market cap dropped to as low as $2.41 billion on May 25 from a peak of $6.62 billion, according to CryptoSlate's data. Circle CEO says that AI bots are transacting USDC, creating walletsJeremy Allaire said that his firm is "already hearing" about AI applications. Stably introduces #USD, the first Bitcoin network stablecoinStably USD will be the first Bitcoin-based stablecoin and unlock new possibilities thanks to the Taproot upgrade. Blockchain.com CEO says there’s never been ‘as high a chance’ of US default, while Tether CTO considers it unlikelyExecutives from both firms have commented on the looming debt default. Binance to halt Bitcoin spot trading with Australian DollarBinance said it would remove its BTC/AUD trading pair amid continued decline in its Bitcoin spot trading market share.
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Lawsuit against US Treasury argues the government overreached by sanctioning Tornado Cash
Thursday, May 25, 2023
The lawsuit backed by Coinbase claims the Treasury overstepped legal requirements and violated the First Amendment by banning Tornado Cash.
Prometheum becomes first crypto company to be approved by SEC, FINRA as special-purpose broker-dealer
Wednesday, May 24, 2023
Prometheum Ember Capital has secured approval to become a "qualified custodian" for digital assets considered securities by the SEC.
Join Us at BlockDown Festival 2023: Unforgettable Web3 Experience in Algarve, Portugal!
Wednesday, May 24, 2023
CryptoSlate is excited to announce our participation in BlockDown Festival 2023, taking place in the breathtaking Algarve, Portugal this July 10th - 12th.
Ledger CEO says ‘sharded’ recovery seeds could be disclosed on subpoenaes
Tuesday, May 23, 2023
The wallet company has admitted that any government could force it and other parties powering Ledger Recover to surrender user wallet seeds.
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.
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