Trezor trims dealer network after Ledger finds hidden seed-word transmitter
$2.3 trillion Wells Fargo accelerates tokenized deposit drive after earnings beat.
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Some days crypto news is quiet. Today was not one of them.
Banks and brokers are rolling out new ways to earn, move and hold digital assets, while hardware wallet makers are scrambling to secure their supply chains.
Over in London, a court is weighing who gets to keep billions in seized Bitcoin.
Here is your three-minute market catch-up.
Trezor shrinks its reseller network after Ledger supply-chain attack
Trezor will end authorization for some distribution partners starting in 2027.
The move follows supply-chain breaches at rival Ledger that shook user confidence.
For hardware wallet buyers, fewer middlemen means fewer chances for tampering.
Markets

Bitcoin treads water as traders eye inflation data
Bitcoin hovered just above $83K as markets await Wednesday's US CPI report.
Core inflation is expected to tick up to 2.5%, keeping Fed rate-cut odds in flux.
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Separately, a UK court ruled Chinese law applies to a $5B Bitcoin seizure case.
That decision could let the UK government keep 61,000 BTC linked to a Ponzi scheme.
BTC sat near $83K, ETH held around $2,500, and SOL traded close to $107.
Wells Fargo is building stablecoin tools despite murky US use cases
Wells Fargo's CEO confirmed the $2.3T bank is developing a stablecoin product.
The effort sits alongside tokenized deposit work already underway at the firm.
Corporate adoption of stablecoins still faces real hurdles, making this a long bet.
Interactive Brokers now lets you stake ETH, because why stop at just trading it
Interactive Brokers clients can now earn staking rewards on their Ethereum holdings.
The brokerage partnered with ZeroHash to offer the service through a new dashboard.
It's another sign that traditional platforms are turning idle crypto into yield-generating tools.
On Our Radar
Micro-payments just got real: stablecoins and cheap networks finally make $3 transactions worth it.*
The tokenization wave hits the big leagues: Federated Hermes launches crypto-powered fund infrastructure.
Tokenization gets serious: S&P DJI launches institutional swaps on Canton network.
*sponsored
ICYMI
The ice cream shop that makes money when it's cold
28 Wishes sells ice cream in Los Angeles. Below 70°F, sales fall about 20%. So the owners put about $20 a day into Kalshi weather markets, taking the cold side. The days that keep customers away now pay something back. See how other owners are doing it
Meme of the Day
That’s a wrap.
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