On May 11, the trusted hardware wallet provider Ledger confirmed a security breach involving its official Discord server. One hacker was able to gain access to a moderator’s account and used it to post a phishing message in a channel on one of the servers. The message pretended to
The security of Ledger hardware wallet users has come under threat because scammers are now sending deceptive mail letters demanding users disclose their vital seed phrases. The fake official documents in which Ledger’s name appears try to obtain users’ digital asset keys by pretending to require security updates. Phishing Goes
As crypto users face growing concerns over the security of their assets, the question of who truly controls them has never been more critical. Exchange hacks are a constant reminder that convenience often comes at a cost. Users are exploring self-custody as an alternative mode to secure their assets. But
The collaboration will offer miners an institutional-grade self-custody solution via Ledger Enterprise, empowering them with cutting-edge hardware and robust digital asset protection. A successful pilot of a forthcoming zero-interest loan program is also underway. Uminers, a leading distributor of cryptocurrency mining equipment and pioneer in turnkey mining solutions, today announced
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
