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📉Yesterday, outflows from spot ETFs continued
For Bitcoin, the outflow amounted to $277 million, for Ethereum — $75 million.
Nevertheless, the weekly dynamics remain positive for both assets. $ETH $BTC $SOL #ETH🔥🔥🔥🔥 #LEDGER #LONG📈 #binance #Robertkiyosaki
For Bitcoin, the outflow amounted to $277 million, for Ethereum — $75 million.
Nevertheless, the weekly dynamics remain positive for both assets. $ETH $BTC $SOL #ETH🔥🔥🔥🔥 #LEDGER #LONG📈 #binance #Robertkiyosaki
Share my holding position
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The sharp decline in the price of Ethereum (ETH) may be due to several factors:
1. Competition from other blockchain platforms: High-performance networks, such as Solana and BNB Chain, offer lower fees and high transaction speeds, attracting users and investors, thereby reducing demand for ETH.
2. Macroeconomic factors: The cryptocurrency market correlates with traditional financial indices, such as the S&P 500 and Nasdaq. Changes in U.S. monetary policy and global economic trends may exert pressure on the value of ETH.
2. Macroeconomic factors: The cryptocurrency market correlates with traditional financial indices, such as the S&P 500 and Nasdaq. Changes in U.S. monetary policy and global economic trends may exert pressure on the value of ETH.
#Ledger owners pay attention, please 👇
Binance News
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Ledger Users Warned Of Phishing Scam Targeting Wallet Keys
According to Odaily, Ledger users have reported a phishing scam where fraudsters impersonate the cryptocurrency hardware wallet provider's support emails to trick users into revealing their wallet keys. Screenshots shared on X and a report from BleepingComputer on December 17 highlight that the fraudulent email claims Ledger experienced a 'recent data breach' and urges recipients to verify their private seed phrases under the guise of 'protecting' their assets.
The email appears to originate from Ledger's legitimate support email but is actually sent via an email marketing platform. It directs recipients to a website that professionally mimics Ledger's official site, seemingly legitimate, and prompts visitors to 'verify your Ledger,' falsely claiming to check if the device is compromised. This prompt opens a pop-up window requesting the seed phrase, which, if shared, would give scammers full control over the wallet, allowing them to deplete its funds.
The email appears to originate from Ledger's legitimate support email but is actually sent via an email marketing platform. It directs recipients to a website that professionally mimics Ledger's official site, seemingly legitimate, and prompts visitors to 'verify your Ledger,' falsely claiming to check if the device is compromised. This prompt opens a pop-up window requesting the seed phrase, which, if shared, would give scammers full control over the wallet, allowing them to deplete its funds.
Who else keeps their crypto on a Ledger? You all remember your seed phrases, right? 😉 #BinanceTournament #ledger
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Ledger library hacked and the company warns against the use of decentralized applications
Hardware wallet maker Ledger has warned its users against connecting to decentralized applications (dapps), following the identification of a malicious version of the Ledger Connect Kit.
A Ledger spokesperson said it had identified and removed a malicious version of the Ledger Connect Kit. The malicious file is currently being replaced with an original copy. He advised against interacting with any decentralized applications at the present time.
The spokesperson added that Ledger devices and the Ledger Live app were not compromised, and that the company will continue to inform users of developments in the situation.
The spokesperson added that Ledger devices and the Ledger Live app were not compromised, and that the company will continue to inform users of developments in the situation.
The developer of the MetaMask wallet also warned users to stop using decentralized applications immediately after news of the attack circulated.
#news #metamask #ledger #cryptocurreny #cryptonews
Hardware wallet maker Ledger has warned its users against connecting to decentralized applications (dapps), following the identification of a malicious version of the Ledger Connect Kit.
A Ledger spokesperson said it had identified and removed a malicious version of the Ledger Connect Kit. The malicious file is currently being replaced with an original copy. He advised against interacting with any decentralized applications at the present time.
The spokesperson added that Ledger devices and the Ledger Live app were not compromised, and that the company will continue to inform users of developments in the situation.
The spokesperson added that Ledger devices and the Ledger Live app were not compromised, and that the company will continue to inform users of developments in the situation.
The developer of the MetaMask wallet also warned users to stop using decentralized applications immediately after news of the attack circulated.
#news #metamask #ledger #cryptocurreny #cryptonews
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🚨🚨🚨 This week, it was revealed that a hacker named Miembro gained access to the data request portal of the Binance cryptocurrency exchange and sold this access for 10 thousand dollars. This portal was created for law enforcement and government officials and contained sensitive information of Binance users.
According to the hacker, the stolen information includes users' e-mail addresses, phone numbers, wallet addresses and exchange IDs. However, as of now, there is no clear information about whether this data is sold or how much of it is sold.
Exact information on how access to Binance's data portal is provided is not yet available. Security researchers claim that Binance gave law enforcement access to Kodex Global, and the hacker took control of the portal by infecting computers in Taiwan, Uganda and the Philippines with malware.
Cyber security experts who contacted Binance have not yet received any official statement from the exchange. Although the stolen data does not allow direct manipulation of Binance accounts, users' private information is at risk and this may expose them to various cyber threats.
After the incident, Hudson Rock security team warned all Binance users to activate two-factor authentication (2FA) and update their passwords. A similar situation previously occurred when customer data of hardware wallet provider Ledger was stolen, and users received threats from hackers.
#binance
#hack
#ledger
According to the hacker, the stolen information includes users' e-mail addresses, phone numbers, wallet addresses and exchange IDs. However, as of now, there is no clear information about whether this data is sold or how much of it is sold.
Exact information on how access to Binance's data portal is provided is not yet available. Security researchers claim that Binance gave law enforcement access to Kodex Global, and the hacker took control of the portal by infecting computers in Taiwan, Uganda and the Philippines with malware.
Cyber security experts who contacted Binance have not yet received any official statement from the exchange. Although the stolen data does not allow direct manipulation of Binance accounts, users' private information is at risk and this may expose them to various cyber threats.
After the incident, Hudson Rock security team warned all Binance users to activate two-factor authentication (2FA) and update their passwords. A similar situation previously occurred when customer data of hardware wallet provider Ledger was stolen, and users received threats from hackers.
#binance
#hack
#ledger
How long will it take for bitcoin price to recover after halving?
The price of BTC usually drops before or immediately after a halving event. The problem lies in the time it takes for bitcoin to recover.
Bitcoin mining is the process by which transactions are verified and added to the #blockchain through computational work. Miners play a key role in maintaining the integrity, currency, and immutability of the blockchain #ledger . As a reward for their efforts, miners receive newly created bitcoins.
There have been four instances of #bitcoin being halved since its creation, the most recent of which occurred on April 19, 2024.
Read us at: Compass Investments
#CryptoUpdates #CryptoMarketTrends
Bitcoin mining is the process by which transactions are verified and added to the #blockchain through computational work. Miners play a key role in maintaining the integrity, currency, and immutability of the blockchain #ledger . As a reward for their efforts, miners receive newly created bitcoins.
There have been four instances of #bitcoin being halved since its creation, the most recent of which occurred on April 19, 2024.
Read us at: Compass Investments
#CryptoUpdates #CryptoMarketTrends
ECB official proposes single European digital asset registry
According to Cipollone, more than 60% of banks in the European Union are studying and experimenting with distributed ledger technology (DLT) and another 22% are already using it. However, while DLT makes it possible to achieve financial integration, it does not guarantee it, Cipollone said at a symposium organized by the German central bank. On the contrary.
Non-interoperable technology ecosystems in each country, shaped by different national regulatory regimes, create isolated pools of asset liquidity, further increasing fragmentation; DLTs are currently used mainly for asset #issuance , but expanding their use to negotiation, settlement and storage on a single platform This would reduce costs and enable 24/7 operations. It is not only investors who will benefit from the increased use of DLTs:
Our primary goal in this changing landscape is to ensure that central bank funds, the safest and most liquid settlement asset, remain the cornerstone of stability in the tokenized DLT-backed capital market.
A single #ledger is one in which cash and assets are held on a single platform. The concept has been endorsed by the Bank for International Settlements and central banks and has attracted the attention of many organizations, including SWIFT and JPMorgan. However, it may not be a panacea.
While European e-books will promote financial stability and integration, they also risk stifling innovation, especially in narrow application areas. For traditional finance, Cipollone says, it is better to utilize the flexibility offered by competing DLT platforms.
Read us at: Compass Investments
#TrendingTopic #TokenEconomy #MarketInsights
Non-interoperable technology ecosystems in each country, shaped by different national regulatory regimes, create isolated pools of asset liquidity, further increasing fragmentation; DLTs are currently used mainly for asset #issuance , but expanding their use to negotiation, settlement and storage on a single platform This would reduce costs and enable 24/7 operations. It is not only investors who will benefit from the increased use of DLTs:
Our primary goal in this changing landscape is to ensure that central bank funds, the safest and most liquid settlement asset, remain the cornerstone of stability in the tokenized DLT-backed capital market.
A single #ledger is one in which cash and assets are held on a single platform. The concept has been endorsed by the Bank for International Settlements and central banks and has attracted the attention of many organizations, including SWIFT and JPMorgan. However, it may not be a panacea.
While European e-books will promote financial stability and integration, they also risk stifling innovation, especially in narrow application areas. For traditional finance, Cipollone says, it is better to utilize the flexibility offered by competing DLT platforms.
Read us at: Compass Investments
#TrendingTopic #TokenEconomy #MarketInsights
🔐 Cybersecurity News (December 15, 2023):
1️⃣ Ledger: Hardware wallet developer #ledger has reported a compromise of the software library used by decentralized applications. A hacker managed to inject malicious code into their interfaces. On December 14, the attacker replaced the authentic Ledger Connect Kit with a fake one. The attack did not affect users' physical devices and the Ledger Live application. 🔒
2️⃣ Justice: The U.S. Department of Justice has unveiled charges against two men suspected of orchestrating a $25 million Ponzi scheme related to digital assets. According to court documents, David Gilbert Shaffron from Australia and Vincent Anthony Mazzotta Jr. from California conspired to defraud investors. Their scam scheme promised a "guaranteed income" of 300% in three weeks, equating to an annualized return of 186,000,000%. ⚖️
3️⃣ The Block: Due to a flawed multisig transaction scenario, DeFi protocol Yearn Finance lost 63% of treasury funds in the Lp yCRV pool. According to reports, the incident occurred during the "routine process of token conversion fees" and resulted in the exchange of 3,794,894 yCRV for 779,958 yvDAI. The losses amounted to $1.4 million. 💸
4️⃣ Justice: The #hacker responsible for hacking into the protocol of income farming service Nirvana Finance and an unnamed DEX has pleaded guilty and agreed to forfeit $12.3 million in stolen assets. According to the US Attorney's Office, 34-year-old senior security engineer Shakib Ahmed, 34, exploited a vulnerability in an unnamed exchange's smart contract in the summer of 2022. 🌐
5️⃣ TRM Labs: Cryptocurrency project losses from hacking incidents in 2023 have decreased by over 50% compared to the previous year. However, the number of attacks remains stable. This is largely attributed to enhanced #security measures, active involvement of law enforcement, and improved industry coordination in the digital asset sector. 🛡️
🚀 What's your perspective on the recent events?
1️⃣ Ledger: Hardware wallet developer #ledger has reported a compromise of the software library used by decentralized applications. A hacker managed to inject malicious code into their interfaces. On December 14, the attacker replaced the authentic Ledger Connect Kit with a fake one. The attack did not affect users' physical devices and the Ledger Live application. 🔒
2️⃣ Justice: The U.S. Department of Justice has unveiled charges against two men suspected of orchestrating a $25 million Ponzi scheme related to digital assets. According to court documents, David Gilbert Shaffron from Australia and Vincent Anthony Mazzotta Jr. from California conspired to defraud investors. Their scam scheme promised a "guaranteed income" of 300% in three weeks, equating to an annualized return of 186,000,000%. ⚖️
3️⃣ The Block: Due to a flawed multisig transaction scenario, DeFi protocol Yearn Finance lost 63% of treasury funds in the Lp yCRV pool. According to reports, the incident occurred during the "routine process of token conversion fees" and resulted in the exchange of 3,794,894 yCRV for 779,958 yvDAI. The losses amounted to $1.4 million. 💸
4️⃣ Justice: The #hacker responsible for hacking into the protocol of income farming service Nirvana Finance and an unnamed DEX has pleaded guilty and agreed to forfeit $12.3 million in stolen assets. According to the US Attorney's Office, 34-year-old senior security engineer Shakib Ahmed, 34, exploited a vulnerability in an unnamed exchange's smart contract in the summer of 2022. 🌐
5️⃣ TRM Labs: Cryptocurrency project losses from hacking incidents in 2023 have decreased by over 50% compared to the previous year. However, the number of attacks remains stable. This is largely attributed to enhanced #security measures, active involvement of law enforcement, and improved industry coordination in the digital asset sector. 🛡️
🚀 What's your perspective on the recent events?
7 Best Solana ( $SOL ) Wallets- #dyor
1. Phantom – The Most Popular Choice
2. Solflare – For The Most Experienced Users
3. Atomic Wallet – Higher Yields, Higher Cost
4. Exodus
5. Trust Wallet
6. MetaMask (Solflare Snap)
7. Mathwallet
Hardware Wallets Supporting Solana
1. Trezor
2. Ledger
#solana #ledger #trezor
1. Phantom – The Most Popular Choice
2. Solflare – For The Most Experienced Users
3. Atomic Wallet – Higher Yields, Higher Cost
4. Exodus
5. Trust Wallet
6. MetaMask (Solflare Snap)
7. Mathwallet
Hardware Wallets Supporting Solana
1. Trezor
2. Ledger
#solana #ledger #trezor
🔐 Cybersecurity News (December 20, 2023):
1️⃣ Zilliqa: Developers of the Zilliqa blockchain platform have restored the network's functionality, which had been unable to process blocks for over half a day. On December 18, the team reported a "critical situation" in the #blockchain that led to a halt in block production. They assured the safety of user assets but requested a temporary suspension of deposits and withdrawals. 🚀
2️⃣ BreachForums: An unusual announcement surfaced online: a cybercriminal is selling access to a data request panel used by law enforcement agencies. The perpetrator posted the corresponding message on the BreachForums website. The hacker is offering the compromised product for $10,000 in #bitcoin (BTC) or #monero (XMR). According to the post, this is private access used exclusively by law enforcement agencies. 🕵️♂️
3️⃣ OKX: The team at the OKX cryptocurrency exchange has fixed a vulnerability affecting the iOS wallet application. Developers thanked CertiK researchers for identifying the bug and urged users to promptly update the application to the latest version (6.45.0). 📱
4️⃣ Justice: A federal grand jury in Phoenix, Arizona, returned a 50-count indictment for fraud and money laundering against the founder of the mining company Dunamis Global Technologies. According to case materials, 45-year-old Jeremy Saurby deceived millions of dollars from at least 150 victims under the guise of cryptocurrency mining investment opportunities. ⚖️
5️⃣ Ledger: As a result of the compromise on December 14, the #ledger Connect Kit library incurred approximately $600,000 in damages to wallet users. According to the statement, the company will fully compensate the affected parties. The compensation process will be overseen by Ledger CEO Pascal Gauthier. 💼
🚀 Subscribe to our crypto channel for real-time updates from the world of cryptocurrencies!
1️⃣ Zilliqa: Developers of the Zilliqa blockchain platform have restored the network's functionality, which had been unable to process blocks for over half a day. On December 18, the team reported a "critical situation" in the #blockchain that led to a halt in block production. They assured the safety of user assets but requested a temporary suspension of deposits and withdrawals. 🚀
2️⃣ BreachForums: An unusual announcement surfaced online: a cybercriminal is selling access to a data request panel used by law enforcement agencies. The perpetrator posted the corresponding message on the BreachForums website. The hacker is offering the compromised product for $10,000 in #bitcoin (BTC) or #monero (XMR). According to the post, this is private access used exclusively by law enforcement agencies. 🕵️♂️
3️⃣ OKX: The team at the OKX cryptocurrency exchange has fixed a vulnerability affecting the iOS wallet application. Developers thanked CertiK researchers for identifying the bug and urged users to promptly update the application to the latest version (6.45.0). 📱
4️⃣ Justice: A federal grand jury in Phoenix, Arizona, returned a 50-count indictment for fraud and money laundering against the founder of the mining company Dunamis Global Technologies. According to case materials, 45-year-old Jeremy Saurby deceived millions of dollars from at least 150 victims under the guise of cryptocurrency mining investment opportunities. ⚖️
5️⃣ Ledger: As a result of the compromise on December 14, the #ledger Connect Kit library incurred approximately $600,000 in damages to wallet users. According to the statement, the company will fully compensate the affected parties. The compensation process will be overseen by Ledger CEO Pascal Gauthier. 💼
🚀 Subscribe to our crypto channel for real-time updates from the world of cryptocurrencies!
White House policy team says digital assets and DLT are important to U.S. national security.
A White House policy committee on Monday highlighted new technologies that are critical to U.S. national security in its latest report.
The subcommittee's report on fast-tracking distributed #ledger technology (DLT), #digital assets and digital payment technologies is categorized as "data privacy, data security and cybersecurity technologies. " In addition, privacy-enhancing technologies, artificial intelligence, advanced computing and human-machine interfaces were categorized as other key areas.
The list released Tuesday is not the first time the policy group has mentioned digital assets, though the categorization has been updated.
Yesterday, @WhiteHouse updated its list of critical and emerging technologies. This is not a list of critical technologies compiled by @DoDCTO, but a list of critical technology areas under the CHIPS and Science Act.
The National Science and Technology Council first created this subcommittee in 2020. Its purpose was to identify critical and emerging technologies relevant to national security; in its last update in 2022, the subcommittee categorized digital assets and DLT as "financial technologies.
Divyansh Kaushik, associate director for emerging technologies at the Federation of American Scientists, emphasized that the list provides insight into how Congress and the executive branch prioritize investment and workforce development in specific areas.
The list focuses on innovative technologies that are shaping innovation in the U. S. and enhancing national security. It also serves as a roadmap for enhancing U. S. technology leadership, strengthening alliances, attracting a diverse workforce, and addressing security threats.
Stephen Welby, OSTP deputy director for national security, said: "This list supports our efforts to develop and strengthen U. S. technology leadership.
The White House's attention to emerging technologies has impacted industry policy and asset values.
Read us at: Compass Investments
#DigitalCurrency #BlockchainFuture #CryptoTrends
The subcommittee's report on fast-tracking distributed #ledger technology (DLT), #digital assets and digital payment technologies is categorized as "data privacy, data security and cybersecurity technologies. " In addition, privacy-enhancing technologies, artificial intelligence, advanced computing and human-machine interfaces were categorized as other key areas.
The list released Tuesday is not the first time the policy group has mentioned digital assets, though the categorization has been updated.
Yesterday, @WhiteHouse updated its list of critical and emerging technologies. This is not a list of critical technologies compiled by @DoDCTO, but a list of critical technology areas under the CHIPS and Science Act.
The National Science and Technology Council first created this subcommittee in 2020. Its purpose was to identify critical and emerging technologies relevant to national security; in its last update in 2022, the subcommittee categorized digital assets and DLT as "financial technologies.
Divyansh Kaushik, associate director for emerging technologies at the Federation of American Scientists, emphasized that the list provides insight into how Congress and the executive branch prioritize investment and workforce development in specific areas.
The list focuses on innovative technologies that are shaping innovation in the U. S. and enhancing national security. It also serves as a roadmap for enhancing U. S. technology leadership, strengthening alliances, attracting a diverse workforce, and addressing security threats.
Stephen Welby, OSTP deputy director for national security, said: "This list supports our efforts to develop and strengthen U. S. technology leadership.
The White House's attention to emerging technologies has impacted industry policy and asset values.
Read us at: Compass Investments
#DigitalCurrency #BlockchainFuture #CryptoTrends
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*** LEDGER ***
HOW SECURE IS THIS HARDWARE WALLET?
Today I would like to talk to you about my experience.
We know how indispensable hardware wallets are nowadays, especially when we need to make differentiated investments on various platforms.
In 2019 I purchased a "ledger nano x", it seemed very useful and comfortable, in reality it was. If it weren't for the fact that in June 2020 the sensitive data databases of Ledger customer users were violated and over 1 million emails were stolen, as well as the sensitive data of 220,000 users (emails, telephone numbers and physical address of their home ). I am among the 220,000 users from whom sensitive data was stolen. How did the company react? He only admitted the theft he had received and stated that they would be more careful in the future. No compensation, no gifts, no nothing. They tried to belittle what happened by trying to cover up what happened. In 2023 the company received a new hacker attack and had 484.000$ stolen due to the negligence of a ledger employee.
MEANWHILE HACKERS HAVE PUT SENSITIVE DATA FOR SALE.
In 2020, they put the data of these 220,000 users up for sale on cybercrime platforms
So in 2024, despite having thrown away the ledger wallet, I continue to receive phishing emails and even threatening phone calls where they say they know where I live and try to extort passwords and money from me, I obviously close the communication, but honestly it bothers me that these criminals they know where I live. All this is the fault of the ledger who had superficial behavior and belittled everything. I believe that LEDGER is a company that does not protect its customers and is not at all reliable and safe.
If you too have been a victim of this crime, write your comment, let me know if you have participated in a class action or if you intend to do so. Unfortunately there isn't much information about it. The only certainty is that LEDGER is very dangerous for your investments.
#ledger
HOW SECURE IS THIS HARDWARE WALLET?
Today I would like to talk to you about my experience.
We know how indispensable hardware wallets are nowadays, especially when we need to make differentiated investments on various platforms.
In 2019 I purchased a "ledger nano x", it seemed very useful and comfortable, in reality it was. If it weren't for the fact that in June 2020 the sensitive data databases of Ledger customer users were violated and over 1 million emails were stolen, as well as the sensitive data of 220,000 users (emails, telephone numbers and physical address of their home ). I am among the 220,000 users from whom sensitive data was stolen. How did the company react? He only admitted the theft he had received and stated that they would be more careful in the future. No compensation, no gifts, no nothing. They tried to belittle what happened by trying to cover up what happened. In 2023 the company received a new hacker attack and had 484.000$ stolen due to the negligence of a ledger employee.
MEANWHILE HACKERS HAVE PUT SENSITIVE DATA FOR SALE.
In 2020, they put the data of these 220,000 users up for sale on cybercrime platforms
So in 2024, despite having thrown away the ledger wallet, I continue to receive phishing emails and even threatening phone calls where they say they know where I live and try to extort passwords and money from me, I obviously close the communication, but honestly it bothers me that these criminals they know where I live. All this is the fault of the ledger who had superficial behavior and belittled everything. I believe that LEDGER is a company that does not protect its customers and is not at all reliable and safe.
If you too have been a victim of this crime, write your comment, let me know if you have participated in a class action or if you intend to do so. Unfortunately there isn't much information about it. The only certainty is that LEDGER is very dangerous for your investments.
#ledger
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$LDO #ledger #Binance
Agreed with Ledger cold wallet
#Solana and #Ethereum✅ are Staking Platforms. I think it can be expected in the long term.
Agreed with Ledger cold wallet
#Solana and #Ethereum✅ are Staking Platforms. I think it can be expected in the long term.
Ledger announced its new device in Bitcoin 2024
Cryptocurrency hardware wallet manufacturer Ledger announced its new device Ledger Flex today. Announced at the Bitcoin 2024 event, the device was also opened for order on the same day.
Ledger, the world's largest cryptocurrency hardware wallet manufacturer, unveiled its new device, Ledger Flex at the Bitcoin 2024 conference held in the USA.
Ledger Flex has E-Ink touch screen technology, which is stated to make it easier to use without sacrificing security, as in the Ledger Stax, which the French company launched in recent months.
“I am proud to say that we have raised the bar again after a decade of setting the standard for security and self-custody in crypto and digital assets,” Ledger CEO Pascal Gauthier said in a press release shared with Uzmancoin.
Ledger Flex, which comes with black color, also carries steel materials in its case. Featuring a high-resolution 2.8-inch display, the device also uses energy more efficiently, and the battery lasts for weeks or even months on a single charge. Flex, which carries Ledger's Secure OS operating system, will also be able to connect to Ledger Live with mobile and desktop applications.
Founded in 2014, Ledger has sold more than six million hardware wallets to date. According to the press release, the keys of more than 20 percent of all digital assets are stored with Ledger.
As of today, Flex is available on Ledger.com for $249. There is also a special version of the new device called Ledger Flex BTC Edition.
$ledger #ledger #Bitcoin_Coneference_2024
Cryptocurrency hardware wallet manufacturer Ledger announced its new device Ledger Flex today. Announced at the Bitcoin 2024 event, the device was also opened for order on the same day.
Ledger, the world's largest cryptocurrency hardware wallet manufacturer, unveiled its new device, Ledger Flex at the Bitcoin 2024 conference held in the USA.
Ledger Flex has E-Ink touch screen technology, which is stated to make it easier to use without sacrificing security, as in the Ledger Stax, which the French company launched in recent months.
“I am proud to say that we have raised the bar again after a decade of setting the standard for security and self-custody in crypto and digital assets,” Ledger CEO Pascal Gauthier said in a press release shared with Uzmancoin.
Ledger Flex, which comes with black color, also carries steel materials in its case. Featuring a high-resolution 2.8-inch display, the device also uses energy more efficiently, and the battery lasts for weeks or even months on a single charge. Flex, which carries Ledger's Secure OS operating system, will also be able to connect to Ledger Live with mobile and desktop applications.
Founded in 2014, Ledger has sold more than six million hardware wallets to date. According to the press release, the keys of more than 20 percent of all digital assets are stored with Ledger.
As of today, Flex is available on Ledger.com for $249. There is also a special version of the new device called Ledger Flex BTC Edition.
$ledger #ledger #Bitcoin_Coneference_2024
Understanding blockchain: how it works and why it's important
Blockchain is a secure digital ledger system that is revolutionizing the industry by providing transparent, decentralized, and tamper-proof transactions.
The #blockchain technology has become widely known, especially in discussions around cryptocurrencies such as #bitcoin . However, its concepts and functions are often misunderstood. At its core, blockchain is a decentralized digital #ledger system that records, verifies, and protects transactions across a network of computers, making alteration and hacking virtually impossible. The decentralized nature of this ledger ensures that no single entity controls the data, making it transparent, reliable, and very secure.
The #blockchain technology is a structure that records transactions, known as blocks, linked to a chain of databases in a network of nodes. Each transaction is authorized by the owner's digital signature, which guarantees the integrity and authenticity of the data and prevents tampering or manipulation. Simply put, blockchain works like a shared Google spreadsheet.
This technology is becoming increasingly popular due to its high security, decentralized nature and automation capabilities. Traditional transaction methods rely on intermediaries such as banks, brokers and lawyers, which is costly and time-consuming. Transactions in blockchain, on the other hand, are verified by mutual agreement between network participants, which reduces transaction time and increases security. This has led to blockchain being used not only in finance, but also in supply chain management, healthcare, and even the Internet of Things (IoT).
Contrary to popular belief, blockchain is not synonymous with bitcoin.
While bitcoin uses blockchain technology to secure transactions, blockchain itself is also used in a variety of industries. Its advantages include resistance to fraud, faster data processing, and reduced reliance on third parties.
The basic structure of a blockchain consists of three main elements: a header, a data partition and a hash.
Read us at: Compass Investments
#CryptoUpdates
The #blockchain technology has become widely known, especially in discussions around cryptocurrencies such as #bitcoin . However, its concepts and functions are often misunderstood. At its core, blockchain is a decentralized digital #ledger system that records, verifies, and protects transactions across a network of computers, making alteration and hacking virtually impossible. The decentralized nature of this ledger ensures that no single entity controls the data, making it transparent, reliable, and very secure.
The #blockchain technology is a structure that records transactions, known as blocks, linked to a chain of databases in a network of nodes. Each transaction is authorized by the owner's digital signature, which guarantees the integrity and authenticity of the data and prevents tampering or manipulation. Simply put, blockchain works like a shared Google spreadsheet.
This technology is becoming increasingly popular due to its high security, decentralized nature and automation capabilities. Traditional transaction methods rely on intermediaries such as banks, brokers and lawyers, which is costly and time-consuming. Transactions in blockchain, on the other hand, are verified by mutual agreement between network participants, which reduces transaction time and increases security. This has led to blockchain being used not only in finance, but also in supply chain management, healthcare, and even the Internet of Things (IoT).
Contrary to popular belief, blockchain is not synonymous with bitcoin.
While bitcoin uses blockchain technology to secure transactions, blockchain itself is also used in a variety of industries. Its advantages include resistance to fraud, faster data processing, and reduced reliance on third parties.
The basic structure of a blockchain consists of three main elements: a header, a data partition and a hash.
Read us at: Compass Investments
#CryptoUpdates
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Ledger: the ultimate solution to secure your cryptos 🔐
Managing and securing your digital assets is a priority for any crypto investor, beginner or experienced. Ledger, the world leader in hardware wallets, offers simple and reliable tools to protect your funds against cyberattacks.
How does it work?
👉 Total security: Your private keys (access to your cryptos) are stored offline, in a hardware wallet like the Ledger Nano X or Nano S Plus. No direct connection to the Internet = no hackers!
👉 Wide compatibility: Ledger supports more than 5,500 assets, including Bitcoin, Ethereum, BNB, and your favorite tokens. It is also compatible with DeFi, NFTs and platforms like Binance.
👉 Easy to use: Thanks to the Ledger Live application, manage your wallets, send and receive cryptos or interact with DeFi protocols with ease.
Why choose Ledger?
• Enhanced security: Protect your funds from attacks, even if your computer or smartphone is compromised.
• Total autonomy: You are the only one in control of your cryptos. No need to depend on an exchange or a third party.
• Long term: Ideal for hodlers, but also users active in DeFi or NFTs.
An essential tool for trading on Binance!
Whether it's to keep your gains safe after a trade on Binance or to explore DeFi projects connected to your wallet, Ledger offers the flexibility and protection needed to take full advantage of the crypto ecosystem. 🚀
Are you using Ledger? Share your experience or ask your questions! 🤔 #Crypto #Ledger #Sécurité
Managing and securing your digital assets is a priority for any crypto investor, beginner or experienced. Ledger, the world leader in hardware wallets, offers simple and reliable tools to protect your funds against cyberattacks.
How does it work?
👉 Total security: Your private keys (access to your cryptos) are stored offline, in a hardware wallet like the Ledger Nano X or Nano S Plus. No direct connection to the Internet = no hackers!
👉 Wide compatibility: Ledger supports more than 5,500 assets, including Bitcoin, Ethereum, BNB, and your favorite tokens. It is also compatible with DeFi, NFTs and platforms like Binance.
👉 Easy to use: Thanks to the Ledger Live application, manage your wallets, send and receive cryptos or interact with DeFi protocols with ease.
Why choose Ledger?
• Enhanced security: Protect your funds from attacks, even if your computer or smartphone is compromised.
• Total autonomy: You are the only one in control of your cryptos. No need to depend on an exchange or a third party.
• Long term: Ideal for hodlers, but also users active in DeFi or NFTs.
An essential tool for trading on Binance!
Whether it's to keep your gains safe after a trade on Binance or to explore DeFi projects connected to your wallet, Ledger offers the flexibility and protection needed to take full advantage of the crypto ecosystem. 🚀
Are you using Ledger? Share your experience or ask your questions! 🤔 #Crypto #Ledger #Sécurité