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Tag Archives: ledger

Ledger Partners With iPhone Co-creator Tony Fadell To Launch Its New ‘Stax” Crypto Wallet

On December 6th, Ledger, the company behind the hardware wallets Ledger Nano S and Nano X, announced the launch of its new Ledger Stax wallet, which was developed in partnership with Tony Fadel, co-creator of the iPod and iPhone. The new Ledger wallet has a unique and innovative design in the style of high-end Samsung cell phones. It lets users view their NFT collections even when the wallet is off. According to Ledger, all of the improvements to the next-generation wallet...

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Ledger-Shopify Data Breach Saga Not Over Yet, Another Class Action Lawsuit Filed

A group of Ledger users has filed a class-action lawsuit in the United States District Court of Delaware against Global e-commerce platform Shopify, its third-party data consultant TaskUs as well as the hardware wallet maker itself. Another Lawsuit According to the official document, the plaintiffs accused Shopify and TaskUs of their “failure to exercise reasonable care in securing and safeguarding” user data connected to the 2020 data breach that affected Ledger SAS crypto...

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Beware: Scammers Send Fake Replacement Ledger Devices to Steal Cryptocurrencies

The troubles of customers using the services of the popular cryptocurrency wallet Ledger continue. After the security issues last year, users have now complained about receiving fake Ledger replacement devices that actually aim to steal their digital asset holdings. Fake Ledger Replacements Founded in 2014, Ledger develops hardware wallets enabling cryptocurrency investors to store their assets on offline devices. The company has enjoyed significant growth in the past several...

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Hardware Wallet Ledger Gets Its Hands On Nearly $400 Million in New Funding

Hardware wallet company Ledger has raked in $380 million thanks to a Series C funding round. The event marks the third largest crypto funding round in the history of the space. Ledger Wallet Has Earned Some Solid Money At the time of writing, Ledger boasts a valuation exceeding $1.5 billion. The latest funding event was led by a wide array of known crypto firms including 10T holdings, Draper Esprit, Draper Associates, DCG, and Cathay Innovation. Prior to this round,...

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Ledger Live Adds Self-Custody Staking for Polkadot (DOT)

The popular hardware wallet provider, Ledger, will add Polkadot to its wide variety of supported tokens as of March 4th. Additionally, Ledger will also enable users to stake DOT coins directly on the platform, thus increasing the total number of staking options to five.Ledger Adds Polkadot and DOT StakingFounded in 2014, Ledger is a digital asset wallet provider describing itself as the “global leader in security and infrastructure solutions for safeguarding critical” cryptocurrencies. In a...

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Ledger Admits: Users Data Leaked Amid The Shopify Incident in April & June 2020

In yet another somewhat disappointing turn of events for Ledger users, the company has just revealed that they’ve discovered that the customer records for 20,000 ‘new’ users has been leaked during an incident with Shopify from back in the summer of 2020.In its most recent update, the cryptocurrency hardware wallet manufacturer Ledger revealed that 20,000 users, aside from 93% of those whose information was exposed in a previous attack, have seen their records leaked.Recently, we shared news...

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Ledger User Database Dumped Online, Targeted Phishing Attacks Expected

A user on crypto twitter going by the handle ‘Jimmy McShill’ [@JimmyMcShill] posted screenshots of files that have been uploaded to forums purportedly contacting the ‘full database’ of Ledger customer’s emails, phone numbers, and addresses;⚠️⚠️ Uhh shiit! A hacker is dumping the full @Ledger database dump for free on raidforums! Emails, phone numbers and addresses!Get ready for a huge spam and phishing wave!#bitcoin #cryptcurrencies #phishing #security pic.twitter.com/XAQQHZ2wkW— Jimmy...

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Cryptocurrency Wallet Ledger Reports Data Breach Of 1 Million Emails

Leading cryptocurrency hardware wallet provider, Ledger, announced Wednesday that it suffered a data breach, which affected the personal information of thousands of users in late June.According to a detailed report published by Ledger today, the breach occurred on June 25. The attacker accessed a part of the company’s e-commerce and marketing database, containing mostly email addresses used for sending order confirmation and promotional emails.9,500 Users ExposedLedger further noted that the...

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Kraken Security Labs Identifies Ledger Nano X Vulnerabilities: Funds Not at Risk, Ledger CTO Says

Kraken Security Labs found some vulnerabilities in the hardware wallet Ledger Nano X. The wallet is regarded by many as one of the most secure storage devices.Attackers Can Tamper Wallet Devices to Steal Crypto FundsOn Wednesday, Kraken Security Labs – the exchange’s team that checks the security of crypto products – announced that it had detected two new potential attacks that could be executed against Ledger Nano X. If conducted successfully, Kraken claims that the attacks might put the...

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Japanese Banking Giant Nomura Partners With Ledger and CoinShares To Launch Bitcoin Custody

Nomura Holdings, one of Japan’s largest financial companies, has launched a Bitcoin custodial service for traditional investors through a joint venture with hardware wallet provider Ledger and investment company CoinShares.Digital Asset Custody Solution For InstitutionsThe partners have been working together to develop the digital asset custodian dubbed Komainu since 2018, and it was officially launched on Wednesday. The venture describes itself as the first regulated digital assets custody...

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