🔑Ledger’s Recovery Feature Sparks Community Backlash

GM Defiers!

Ledger faces scrutiny over its newly launched Recover feature, raising concerns about the exposure of private keys and potential security risks. Meanwhile, the SEC has responded to Coinbase's mandamus petition, signaling its intent to continue pursuing enforcement actions rather than providing clear regulatory guidelines for the digital asset industry. Finally, Lido deployed its v2 upgrade, introducing staked ETH withdrawals and taking steps to enhance decentralization of its validator set.

✍️ In today’s newsletter:

• Ledger insists that its new Recovery tool doesn't compromise wallet security
• SEC looks to shut down Coinbase's mandamus petition
• Lido enables staked ETH withdrawals

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