3min chapter

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The Ugly Tradeoffs of Ledger’s New Recovery Service - Ep. 494

Unchained

CHAPTER

Bitcoin's Daily Transaction Volume Hits an All-Time High

Dogecoin's daily transaction volume hit an all-time high, briefly surpassing that of Bitcoin and Litecoin after the introduction of DRC-20s. Bankrupt crypto lender Celsius reportedly transferred its 428,000 staked ETH valued at around $780 million to another wallet just before Lido activated withdrawals. Voyager Digital is commencing its liquidation process with customers poised to recover around 35% or $1.33 billion of their cryptocurrency deposits. BlockFi is set on liquidating its lending platform.

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