Strive Launches Bitcoin-Backed Income Product With 15% Yield
- —Strive's preferred stock offers a 15% yield backed by Bitcoin
- —A user lost $5.2 million after buying a compromised Ledger wallet
- —Musician Garrett Dutton lost 5.9 BTC worth about $420K in a fake Ledger app scam
Why it matters: The product could draw institutional capital into Bitcoin even as hardware wallet security concerns persist.
Source: Coinfomania