{"id":408634,"date":"2022-02-22T21:00:00","date_gmt":"2022-02-22T18:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/coinbase-wallet-extends-support-to-ledger-hardware-wallet\/"},"modified":"2022-02-22T21:00:00","modified_gmt":"2022-02-22T18:00:00","slug":"coinbase-wallet-extends-support-to-ledger-hardware-wallet","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/coinbase-wallet-extends-support-to-ledger-hardware-wallet\/","title":{"rendered":"# Coinbase Wallet extends support to Ledger hardware wallet"},"content":{"rendered":"

“# Coinbase Wallet extends support to Ledger hardware wallet <\/strong>”
\n<\/p>\n

Coinbase Wallet, an in-house wallet service offered by prominent crypto exchange Coinbase, has rolled out browser extension support for Ledger hardware wallets.<\/p>\n

The Coinbase Wallet extension, available in the Chrome Web Store, is a noncustodial wallet that allows users to store and transact cryptocurrencies and nonfungible tokens (NFT). By adding support for Ledger, Coinbase users can opt to use a physical Ledger device to store the private keys to their wallets offline.<\/p>\n

Coinbase senior product manager Adam Zadikoff highlighted the development as being a means to providing an additional layer of security and greater peace of mind for users. He said:<\/p>\n

\u201cWe want to empower everyone to use DApp<\/a>s and access Web3, and that requires building the easiest-to-use and most accessible self-custody wallet in the ecosystem. Today\u2019s release solves [..] the ability to use a hardware wallet for enhanced security.\u201d<\/p><\/blockquote>\n

As a part of the launch, Coinbase has partnered with Ledger to release a limited-edition Coinbase-branded Nano X hardware wallet on Ledger\u2019s official website. <\/p>\n

As Cointelegraph previously reported, Coinbase reportedly stores about 12% of all crypto across more than 150 asset types, with the company\u2019s chief financial officer, Alesia Haas, stating at the time:<\/p>\n

\u201cNearly 50% of our transacting customers are doing something other than buying and selling crypto, which indicates to us that crypto is moving beyond its initial investment phase into the long-expected utility phase.\u201d<\/p><\/blockquote>\n

Related: <\/strong>Hodlers beware! New malware targets MetaMask and 40 other crypto wallets<\/em><\/strong><\/p>\n

Cointelegraph recently highlighted the rising vulnerabilities for crypto wallets built as browser extensions \u2014 such as MetaMask, Binance Chain Wallet and Coinbase Wallet \u2014 owing to the launch of a new malware called Mars Stealer.<\/p>\n

The malware targets over 40 browser-based crypto wallets by exploiting two-factor authenticators via a grabber function that steals users\u2019 private keys. According to security researcher 3xp0rt, the new malware is a powerful upgrade<\/a> to the information-stealing Oski trojan. <\/p>\n

The researcher also noted that the malware can target all Chromium-based browsers, including Google Chrome, Microsoft Edge and Brave.<\/p>\n