South Korea's BDACS launches KRW1, the first stablecoin backed by the Korean won, on Avalanche

Bitcoin and cryptocurrency mining stocks experienced a notable rally last week, driven by fresh investor interest following disclosures of significant holdings by major trading firms. The momentum continued into Friday, as market participants responded positively to these developments, reinforcing the growing importance of institutional interest in the crypto space. Jane Street disclosed sizable passive holdings [...]

The post Ledger’s Multisig Update Draws Crypto Backlash Over Fees and Privacy Concerns appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → Ledger’s new multisig feature enables secure multi-party transaction approvals through its backend, but it introduces per-transaction fees starting at $10, sparking widespread criticism from the crypto community for prioritizing profits over open principles. Ledger Multisig Feature: Allows multiple signers to verify transactions securely without third-party tools. The update coincides with the launch of the Nano Gen5 device and a revamped wallet app, enhancing user interface but excluding older models like the Nano S. Backlash centers on new fees—$10 flat for crypto transfers and 0.05% for tokens—viewed as a departure from Ledger’s community-focused roots, with over 6 million units sold historically. Discover Ledger’s controversial multisig feature rollout and community backlash. Explore fees, new hardware, and privacy concerns in this 2025 update for secure crypto storage. What is Ledger’s New Multisig Feature? Ledger’s multisig feature is an integrated system that lets multiple users sign and verify cryptocurrency transactions directly through the company’s secure backend, eliminating the need for external open-source tools. Released in 2025 alongside the Nano Gen5 hardware wallet and an updated app, it aims to simplify multisig processes while…

DraftKings buys Railbird, Canaan rebounds from near-delisting, and Zelle embraces stablecoins in this week's Public Keys.