Wallet security was in the spotlight after the announcement of Ledger Recover, but the crypto community doesn’t need to “freak out,” according to Itai Turbahn, cofounder and CEO of Dynamic Labs, and Ouriel Ohayon, CEO of ZenGo.
The two CEOs join the show to talk about the challenges of bringing self-custody to the masses. For many, “not your keys, not your coins” is actually “your keys, your problem.”
💰 Following the SEC's lawsuit against Binance for alleged securities law violations, crypto traders endured $320 million in losses due to market declines and the liquidation of positions.
⏳ The mediation period between insolvent crypto lender Genesis and its creditors was extended to June 16 by U.S. Bankruptcy Court Judge Sean Lane.
🔮 Berenberg analyst Mark Palmer suggested that the recent SEC lawsuit against Binance may foreshadow similar legal challenges for rival crypto exchange Coinbase.
📉 Citing prolonged crypto winter and regulatory ambiguity, Arca let go of 30% of its workforce to preserve capital and resources.
🥽 As traders anticipate Apple's VR headset launch, the virtual reality crypto sector experienced an 8% rise, boosting trading volume for related tokens to $905 million.
💱 Jeffrey Wilcke, cofounder of Ethereum, moved $41 million worth of ether to a Kraken address, his first such transfer in over two years.
Today in Crypto Adoption...
🔐 Zodia Custody, in partnership with Blockdaemon, plans to provide institutional clients with cryptocurrency staking services, capitalizing on the heightened interest since Ethereum's shift to a proof-of-stake system.
The $$$ Corner…
🌋 Tether invested in startup Volcano Energy's initial $250 million funding round, supporting its ambition to establish a Bitcoin mining farm in El Salvador.
🎙️ Behind-the-scenes interviews, in which I talk with crypto experts and entrepreneurs to learn all about the latest developments in the industry.
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📰 Transcripts of all the shows, for subscribers only.
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