CageChain Newsletter #251 | Ledger Clarifies Commitment to Security, Fast & Furious NFTs, SEC Reducing LBRY Fine and More...

CageChain Newsletter #251 | Ledger Clarifies Commitment to Security, Fast & Furious NFTs, SEC Reducing LBRY Fine and More...

By KHubbard | CageChain | 17 May 2023


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Ledger emphasized its commitment to self-custody of funds in response to ongoing criticism from customers on May 16. Earlier, the hardware manufacturer announced a feature called Recover that allows users to restore their seed phrase. This attracted backlash due to its security risks, as the seed phrase is all that is needed to access most crypto wallets. Now you can enter the world of the Fast and Furious-and it won't cost you the pink slip to your car. Timed alongside the release of the latest installment of the Fast & Furious film franchise, iconic toy maker Mattel is set to launch the newest edition of its Hot Wheels NFT Garage Series based on the global blockbuster series on May 22. The U.S. Securities and Exchange Commission (SEC) aims to reduce a fine that it previously tried to impose on LBRY, according to a May 12 court filing. The regulator originally wanted to impose a $22 million fine on the project. The SEC, with court permission, will withdraw its prior request for disgorgement and instead impose a civil penalty of $111,644. You can find these stories and more at the link below:


Newsletter #251

 

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KHubbard
KHubbard

Love contributing content to the Publish0x platform! You can find more about me at www.kamalrhubbard.com.


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