The cryptocurrency community is grappling with a sobering security breach involving a Ledger Nano S wallet. A user known as “Anchor Drops” on X reported losing 10 Bitcoin (BTC) valued at around $1 million and $1.5 million in NFTs. Despite claims of keeping the seed phrase offline and untouched for
Leading manufacturer of hardware wallets for cryptocurrencies, Ledger, recently fixed a vulnerability in their Ledger Connect Kit. The firm has pledged to compensate any customers who have been impacted by this security incident in full, showing that it takes its responsibilities seriously. Quick action was taken by Ledger after user
The dYdX chain and DYDX token are now supported by the Ledger Live app. This means that users may stake and manage their Cosmos-based tokens securely using their private keys on the Ledger device. Owen Simonin, Founder & CEO at Meria stated: “We are thrilled to play a key role in facilitating the connection between
According to crypto researcher ZachXBT, over $600,000 in Bitcoin (BTC) was stolen from consumers who downloaded a bogus Ledger Live app on Microsoft’s app store. On November 5th, an on-chain researcher discovered a hoax called “Ledger Live Web3” that pretends to be a user interface for crypto hardware wallets made
Pascal Gauthier, CEO of Ledger, a producer of hardware crypto wallets, has announced a 12% reduction in employees. In a blog post published on October 5th, Gauthier said that layoffs had been made “for the longevity of the business” by noting the 2022 bear market and the failure of companies
Ledger, a crypto wallet provider, has announced a new on-ramp solution in partnership with PayPal. Bitcoin, Ethereum, Bitcoin Cash, and Litecoin may now be purchased using a PayPal account by Ledger Wallet owners. These purchases will be credited immediately to their Ledger wallets, skipping any intermediate accounts. Users who have
B2BinPay is thrilled to announce the newest partnership with Ledger, the global platform for digital assets. This groundbreaking collaboration offers customers an exclusive branded Ledger Nano X bearing the B2BinPay logo. Two different types of B2BinPay’s clients will be eligible to receive their branded Ledgers. Newly onboarded merchants and enterprise
As Q3 of 2023 is near completion, something huge awaits in Q4 from the hardware crypto wallet company. From the reports available, it is noted that the Ledger seed recovery tool is yet to launch though it has sustainable criticism. Charles Guillemet, the Chief Security Officer in the Ledger who
Ledger is one of the most popular hardware wallet manufacturers in the cryptocurrency realm. They have numerous wallet models available, depending on the requirements of the users. Even though hardware wallets are touted as one of the safest ways to store cryptocurrencies, a new tool has been released that could
Popular Crypto Wallets MetaMask and Ledger have begun educating the crypto community about what “address poisoning” scams are. Bankruptcies, liquidity crashes, hacks, exploits, and scams created a horrendous scene in the crypto market. From rug pulls, ponzis to phishing and cache poisoning, scams of every kind have spiked lately, wiping
