🚨NEW: Binance founder CZ says the Trezor data breach highlights a key privacy advantage of software self-custody wallets.
“Not a great month for hardware wallets,” says CZ, noting that software wallets avoid the need to purchase and ship a physical device, potentially linking a user’s identity and home address to crypto ownership.
CZ stressed that hardware wallets aren’t “bad,” but simply come with a different risk profile. $BNB $ETH $SOL
⚠️ ALERT: Trezor disclosed its first customer data breach since 2013, affecting 11,742 hardware wallet buyers.
An unauthorized actor accessed order data through fulfillment provider ShipMonk, exposing customers’ names, phone numbers, email addresses and home addresses. $SOL $BNB $ETH
JUST IN: 🇺🇸 White House Executive Director Patrick Witt says "The administration remains fully committed to getting the Clarity Act across the finish line in September."
"Durable rules, the kind only legislation can provide, are needed now more than ever." $BTC
LATEST: ⚡ Nvidia is partnering with six major financial firms — including BlackRock, Goldman Sachs, and KKR — to launch AI compute infrastructure financing platforms targeting over $500B in third-party capital. $NVDAB
BREAKING: 🇬🇧 UK asks major banks to explain their rules on the DEBANKING of crypto firms.
“We want to understand your approach to crypto firms and transactions, and whether it will change under the UK’s new regulatory regime,” the letter said.
They warn the restrictions could push legitimate businesses and investment out of UK. $BTC