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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...
I run a Ledger competitor — but I support them in blow-up over keys
19.5.2023
Ledger’s latest update — aimed at making private seed phrases on its wallets recoverable — was simply an attempt to innovate and improve user security
Ledger clarifies how its firmware works after deleted tweet controversy
18.5.2023
Developers say third-party apps can’t access Ledger users’ keys without the owner’s consent
Ledger Continues to Defend Recovery System, Says It's Always 'Technically' Possible to Extract Users' Keys
18.5.2023
"Technically speaking it is and always has been possible to write firmware that facilitates key extraction. You have always trusted Ledger not to deploy such firmware whether you knew it or not," Ledger said on Twitter
GridPlus to open source wallet firmware in Q3 amid Ledger debacle
18.5.2023
As accusations are hurled at Ledger over a controversial update, one hardware wallet has decided to open-source its firmware. Others have turned it into a marketing opportunity
Ledger Hardware Wallet Addresses Criticism, Stands by New Wallet Recovery Service – What's Going On?
17.5.2023
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.
In a video posted on Tuesday, Ledger’s chief technology officer Charles Guillemet stressed that although the new wallet recovery...
Ledger Faces Backlash for Controversial Backup Tool as Crypto Community Expresses Discontent
17.5.2023
Hardware wallet maker Ledger is facing significant backlash for its recent introduction of a tool enabling users to back up their seed phrases through the transmission of encrypted key fragments to third-party firms. The crypto community has not embraced this new feature, with numerous digital...
Ledger launches Ledger Recover, offering enhanced protection for Secret Recovery Phrase
17.5.2023
Ledger has announced the launch of Ledger Recover, an optional subscription-based service that enables users to add an enhanced layer of security. Meaning their Secret Recovery Phrase will be protected under Ledger Recover. Ledger Recover is yet to be released; however, the community can expect...