Market
Wallets
Trezor sales soar 900% amid Ledger’s seed recovery controversy
Trezor said a remote seed phrase extraction is impossible on its hardware wallets, adding that it would never implemented.
Exchanges
Binance temporarily suspends deposits for 10 Multichain-bridged tokens
Multichain blamed the protocol's unavailable cross-chain routes on "force majeure." Its MULTI token is down 13%.
Crypto
Bitcoin’s descent continues with brief capitulation to $25,890: CryptoSlate wMarket Update
The wMarket Update condenses the most important price movements in the crypto markets, published 07:45 ET on weekdays.
Bankruptcy
Fahrenheit wins auction for Celsius’ assets
If approved, the bankrupt crypto lender's assets will be sold off to form a new company.
Legal
Ripple CEO expects court ruling on SEC’s case in ‘weeks’
Ripple CEO said the US government placed politics ahead of smart policy, pushing several crypto firms to friendlier jurisdictions.
Legal
Montenegrin court revokes Do Kwon’s bail
The new ruling mean Terra's Do Kwon and his former CFO Han Chong-Joon would remain in jail until their trial.
Tokenization
Whales offload Multichain as network suffers delayed transactions
Multichain's MULTI token dumped 27% amid widespread concerns among users about their funds and the protocol's operation.
Crypto
Bitcoin loses $27k level in red market: CryptoSlate wMarket Update
The wMarket Update condenses the most important price movements in the crypto markets, published 07:45 ET on weekdays.
Exchanges
Gemini eyes UK as ‘second headquarters’
Gemini co-founder Cameron Winklevoss cited recent regulatory uncertainty in the U.S as one of the reasons it may expand.
Exchanges
Binance axes 8 Australian Dollar trading pairs
Binance announces the removal of several AUD trading pairs amid trouble on multiple fronts including the withdrawal of PayID ramping services.
Technology
Ledger backpedals on controversial key recovery feature following community backlash
Ledger would make the code for the core components of its OS, including Ledger Recover, publicly available.
Bankruptcy
FTX token jumps 12% after news of possible restart emerges
FTX CEO John Ray spent roughly seven hours on activities related to the exchange restart in April, for which he billed over $8,000.