Search
Trezor Sales Skyrocket by 900% Despite Reddit Scam Warnings
29.5.2023
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.
Reddit user bitcoin-o-rama warned Reddit users that the social media site allows scammers to pay to promote fake...
Ledger CEO says crypto key recovery service makes self-custody easier
29.5.2023
Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping crypto natives
Crypto Biz: Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down
27.5.2023
This week’s Crypto Biz explores Hotbit’s closure, Hong Kong’s licensing of crypto firms, Bitstamp’s acquisition by Ripple and Ledger’s branding crisis
Ledger Recover Fiasco Exposes Gap Between Blockchain Ideals and Technical Reality
24.5.2023
After a video went viral of what appears to be a hardware wallet getting smashed with a hammer and then blow-torched into a charred mass, Ledger (and all of the crypto industry) got a searing reminder on the importance of managing expectations
Ledger's PR Struggle Reveals Uncomfortable Trade-Offs for Crypto Storage
24.5.2023
Hardware wallet maker said full open sourcing is not an option as it needs to protect the security of its chip design
Pascal Gauthier Updates Community on Ledger Recover Concerns
24.5.2023
Ledger’s announcement about Ledger Recover has apparently been taken with mixed emotions by the community. That has precisely tasked Pascal Gauthier to come out and interact with the community, giving them assurance about how things will proceed from the current time. More specifically, Pascal’s...
Ledger key recovery service paused amid backlash, will open-source code
24.5.2023
In a May 23 Twitter Space, Ledger CEO Pascal Gauthier said the past week has been a “humbling experience.”
Charles Hoskinson of Cardano Highlights Open-Source Software and Security in Response to Ledger Controversy
23.5.2023
Cardano is one of the popular smart contract networks reputed for high transaction speeds and scalability.
The founder of Cardano, Charles Hoskinson, had claimed the network’s transaction speed to be quite outstanding and that Ethereum lags behind it despite the Merge.
However, the network...
Today in Crypto: FBI Issues Alert About Scam Crypto Job Ads, Binance Dismissed from a Tinder-Related Lawsuit, Hong Kong to Allow Licensed Platforms to Serve Retail Investors
23.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: FBI Issues Alert About Scam Crypto Job Ads, Binance Dismissed from a Tinder-Related Lawsuit, Hong Kong...
Crypto Wallet Provider Ledger Postpones Release of Key Recovery Service After Public Criticism
23.5.2023
After criticism from the crypto community, the firm pledged to open-source the Ledger Recover code before releasing the controversial update
Ledger CEO says ‘sharded’ wallet keys could be shared if subpoenaed
23.5.2023
The private seed phrases of Ledger users could be shared with governments if they are ordered to, but this is “not a real concern,” says CEO Paul Gauthier
Crypto Biz: Tether flees from banks, Ledger’s backdoor for seed phrases and more
20.5.2023
This week’s Crypto Biz explores Tether’s first quarter audit, Ripple’s partial victory against the SEC, Worldcoin fundraising and Ledger’s controversial recovery service
Ripple vs. SEC: Could newly released documents tip the balance?
20.5.2023
The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day
Ledger co-founder clarifies "there is no backdoor" in Recover firmware update
20.5.2023
Ledger Recover is an OTA firmware update, which would allow users to back up their seed phrases by third-party entities only if a user chooses to opt-in to the new service
Users will decide if they can still trust Ledger with their seed phrases
20.5.2023
Ledger’s decision to introduce a third party to your wallet seed phrase created an exploit that could appeal to both governments and hackers
Ledger’s Hard Lesson: Being Right Isn't Good Enough
19.5.2023
Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way
Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise Funds at $1BN Valuation, Ledger Co-founder Calls Recover Service Launch a 'Horrible Mess'
19.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise...
Is Ledger’s New Bitcoin Key Recovery Feature Safe? Experts Have Doubts
19.5.2023
Ledger believes the service will help attract customers turned off by crypto's unforgiving self-custody ethos. But critics wonder whether the concept is compatible with a real hardware wallet
Justin Sun comes out in defense of Ledger
19.5.2023
Justin Sun has extended their support in favor of Ledger by calling them a reliable partner. Highlighting that the collaboration with Ledger has indeed been long-standing and productive, Justin said that they are extending unwavering support to Ledger during times that can only be defined...
Hardware Wallet Rivals Offer Discounts in Wake of Ledger New Product Controversy
19.5.2023
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.
“Open...