Ledger Financial News

21.06 / 15:13

business Hardware Wallet Private Keys Ledger Bitcoin recovery Ledger releases white paper for hardware wallet seed recovery tool

Major hardware cryptocurrency wallet provider Ledger is getting closer to launching its planned solution to allow users to back up and recover a Ledger device seed.

20.06 / 19:07

CBDC Adoption IMF Digital Asset DLT Ledger BIS Cross-border BIS releases unified-ledger proposal for cross-border, tokenized asset transactions

The Bank for International Settlements (BIS) has released a chapter of its annual report early. That chapter, on the future of the monetary system, discusses “a new type of financial market infrastructure — a unified ledger.” The chapter was published June 20, one day after the International Monetary Fund (IMF) released a paper describing its “single ledger” cross-border payments concept.

30.05 / 17:51

security Hardware Wallet Hardware Ledger controversy recovery Ledger’s CEO Claims New Key Recovery Service Streamlines Crypto Self-Custody Amid Ongoing Controversy

Crypto hardware wallet provider Ledger believes its recently-launched “Recover” product makes self-custody easier.

29.05 / 15:57

Hardware Wallet Ledger Trezor Crypto wallet Trezor Sales Skyrocket by 900% Despite Reddit Scam Warnings

Hardware wallet maker Trezor’s sales just skyrocketed by 900% week-over-week, despite Reddit users warning that fake Trezor phishing websites are being promoted across social media.

27.05 / 15:15

business Blockchain Ripple BitStamp Ledger CEX recovery Crypto Biz: Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down

Another centralized exchange (CEX) bites the dust, with Hotbit announcing it will close operations due to adverse business conditions. As is common among CEX collapses in recent months, the crypto firm mentioned FTX, the ongoing banking system crisis, and even a probe, as reasons for its cash flow problems.

24.05 / 07:17

business Blockchain Adoption Hardware Wallet Ledger Open Source LedgerX recovery open Ledger key recovery service paused amid backlash, will open-source code

Hardware wallet company Ledger is postponing the launch of Ledger Recover following an intense week of criticism from the crypto community.

22.05 / 01:31

business defi ConsenSys Taxes Ledger MetaMask NOT Customers Is MetaMask withholding customers' crypto for taxes? No, it’s not.

ConsenSys, the company behind the crypto wallet MetaMask has hosed down rumors that it collects taxes from cryptocurrency users.

20.05 / 20:47

business Ripple Tether Ledger Bitcoin Crypto Biz: Tether flees from banks, Ledger’s backdoor for seed phrases and more

Banks want to reduce exposure to crypto businesses, just as crypto businesses are seeking to reduce exposure to the ongoing banking crisis. Tether’s latest audit report shows that the stablecoin issuer withdrew over $4.5 billion from banks in the first quarter to reduce counterparty risk following Circle’s troubles during the collapse of Silicon Valley Bank.

20.05 / 06:47

business Adoption Hardware Wallet update Ledger Seed Phrase Ledger co-founder clarifies "there is no backdoor" in Recover firmware update

The launch of Ledger Recover, a service that allows users of the Ledger hardware wallet to back up their secret recovery phrases, met with immense resistance from the crypto community. Ledger co-founder and ex-CEO Éric Larchevêque took the criticism against Ledger as “a total PR failure, but absolutely not a technical one.”

19.05 / 09:15

wallet Hardware Ledger Trezor controversy Discounts Hardware Wallet Rivals Offer Discounts in Wake of Ledger New Product Controversy

In response to the latest controversy related to hardware wallet specialist Ledger and its new service, competitors are taking advantage of the worries expressed by some users. Among others, hardware producer Trezor hopes to capitalize on Ledger’s trouble by offering a discount to buyers.

18.05 / 22:59

business wallet Hardware Wallet Ledger Cold Storage LedgerX Bitcoin Wallet Support I run a Ledger competitor — but I support them in blow-up over keys

It’s counterintuitive for a CEO to defend a competitor, particularly when that competitor is rolling out a feature similar to one we pioneered years ago. But given the debacle around Ledger’s new “Ledger Recover” feature, it’s time to provide a balanced perspective.

18.05 / 05:19

business Blockchain Hardware Wallet Hardware Ledger Cold Storage Q3 open GridPlus to open source wallet firmware in Q3 amid Ledger debacle

Amid fallout over Ledger’s controversial decision to allow private keys to be “recovered” from its devices, cold storage competitor GridPlus has announced that it will move to “open source” the firmware of its crypto wallets.

17.05 / 18:35

Provident Twitter Extreme Aware Nano Ledger Bitcoin recovery Ledger Hardware Wallet Addresses Criticism, Stands by New Wallet Recovery Service – What's Going On?

The popular hardware wallet maker Ledger has addressed some of the concerns from the community, after it introduced a new and controversial wallet recovery service.

16.05 / 18:27

business Blockchain Hardware Wallet Hardware Digital Asset Ledger recovery Crypto community reacts to Ledger wallet's secret recovery phrase service

Several crypto community members, including Ledger wallet owners, have taken to social media to express their discontent following the release of Ledger's latest feature. The newly introduced retrieval solution for itshardware crypto wallets, known as Ledger Recover, aims to offer a safeguard in case users misplace their seed phrase.

03.05 / 10:59

wallet FTX Ledger MetaMask Trezor Hardware Wallets Gain Popularity as FTX Collapse Pushes Users to Self-Custody

The FTX collapse pushed many users away from exchanges and into storing their own crypto. But the potential issue of human error remains.

26.04 / 09:57

business Adoption NFT Metaverse partnership Ledger businesses The Sandbox partners with Ledger Enterprise to secure metaverse businesses

A decentralized Metaverse platform, The Sandbox, will partner with security solution provider Ledger Enterprise to develop security integration for its partners. The latter will get their nonfungible token (NFT) collections migrated to the Ledger wallet.

21.04 / 15:59

Blockchain Altcoin Polygon coinbase Ledger MetaMask Staking stake How to stake Polygon (MATIC)

The Polygon network, formerly the Matic network, is an Ethereum-scaling protocol that reduces cost and embeds high security. In a short span, Polygon has gained a high level of traction.

31.03 / 10:13

wallet Investment Ledger Crypto Wallet Maker Ledger Raises $109 Million in Latest Funding Round – Is the Bull Market Back?

Major crypto wallet maker Ledger announced its Series C funding round, raising $108.8 million.

30.03 / 17:53

business Adoption wallet Hardware Wallet Ledger Cold Storage Crypto wallet provider Ledger raises $109M as demand for self-custody soars

Hardware wallet provider Ledger has raised 100 million euros ($109 million) in a Series C funding round extension, placing its valuation at 1.3 billion euros ($1.4 billion), in line with its previous funding in June 2021, Bloomberg reported on March 30. The funding is the first of three investment rounds.

23.03 / 17:07

Blockchain Ledger Bitcoin Self Custody Ledger CEO: The collapse of banks is a ‘crash course to Bitcoin’ | PBW 2023

The collapse of major banks highlights the need for Bitcoin (BTC) and self-custody according to Pascal Gauthier, the CEO and Chairman of hardware wallet provider Ledger.

28.02 / 20:45

Binance security Hardware Wallet Ledger Trust Wallet Support Ledger Releases Hardware Support for Trust Wallet's Browser Extension to Bring Added Security

Ledger has released hardware support for the Trust Wallet Browser Extension, a multi-chain crypto wallet that acts as a gateway to thousands of Web3 decentralized applications (dApps).

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