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“# Wallet provider Ledger raises $380M to welcome DeFi ecosystem ” Following a dramatic increase in its revenues in the first quarter, the cryptocurrency security and infrastructure company Ledger completed a new fundraising round led by 10T Holdings. Known for its Ledger Nano S and Nano X hardware wallets, Ledger announced the completion of a…
“# Crypto wallets in 2021: From hot to cold, here are the options ” After another jump in the price of major cryptocurrencies at the end of 2020, crypto enthusiasts began to mine, sell and buy currencies with renewed vigor — which means that nowadays, the topic of custodying cryptocurrencies is more relevant than ever….
“# Chinese bank tests biometric hardware wallet for digital yuan payments ” China’s large-scale digital yuan testing across several cities continues to gather pace with some financial institution leading the development of hardware wallets for the central bank digital currency. According to news agency Xinhua, the Postal Savings Bank of China has created a biometric…
“# Hardware wallet for digital yuan debuts in Xiong’an New Area ” A Chinese banking institution has completed the development of a hardware wallet for the country’s central bank digital currency, the digital yuan According to a Feb. 7 announcement by Xiong’an authorities, the Xiong’an branch of the Agricultural Bank of China in Hebei has…
“# Trezor crypto wallet warns users of doppelgänger scam app on Google Play ” Trezor, a major hardware cryptocurrency wallet supplier, has warned its users about a fake Trezor application on Google Play. According to Trezor, the fake app is malicious and has no relation to Trezor or SatoshiLabs, a company that created the Trezor…
“# Secure Bitcoin self-custody: Balancing safety and ease of use ” Bitcoin’s supply is capped at 21 million, but a significant proportion of that total sum is likely lost forever. This situation is due to a variety of reasons such as lost private keys and discarded storage devices containing substantial amounts of Bitcoin (BTC). When…
“# Ledger data leak: A ‘simple mistake’ exposed 270K crypto wallet buyers ” The hacker likely responsible for Ledger’s security breach in July recently dumped a large amount of data exposing the personal information of over 270,000 customers, including phone numbers and physical addresses. The leak also included 1 million emails of Ledger wallet owners…
“# Doxxed Ledger users in danger of physical harm ” While the affected users are threatening legal action in the Ledger data dump, some wallet owners might be at the risk of being visited by criminals. According to a Redditor named “u/relephants,” some users have begun received threatening emails demanding a $500 payment or risk…
“# Ledger users threaten legal action after hacker dumps personal data ” The hacker that breached hardware wallet provider Ledger’s marketing database earlier this year has released personal data for thousands of users, prompting many to threaten the firm with a class-action lawsuit. According to a tweet from network security firm Hudson Rock’s Alon Gal,…
“# Founder of DeFi protocol Nexus Mutual gets hacked for $8M ” An unknown attacker stole $8 million from the personal wallet of Hugh Karp, the CEO of DeFi coverage platform Nexus Mutual. According to a disclosure by Nexus Mutual, the funds were drained on Monday morning UTC by compromising Karp’s personal device. The hacker…