Major hardware wallets manufacturer Ledger has unveiled vulnerabilities in its direct competitor Trezor’s devices, according to a report published on Monday, March. 11. As of press time, Trezor was not immediately available to comment on Ledger’s findings. The study states that the vulnerabilities were found by Attack Lab, the company’s department that hacks into both its own and competitors’ devices to improve security. Ledger claims that it has repeatedly addressed Trezor about weaknesses in their Trezor One and Trezor T wallets, and has decided to make them public after the responsible disclosure period ended. The first issue is related to …

French cryptocurrency hardware wallet company Ledger published a post on its official blog on Feb. 14 apologizing for issues with a recent firmware update for its Ledger Nano S. Specifically, the update reportedly decreased the device’s storage capacity, which the firm has promised to remedy. “This was not planned obsolescence, simply put, we messed up. We apologize and we’re committed to making it right,“ the post states. Some users had interpreted the firmware version 1.5.5 update as a way to bring planned obsolescence to the Ledger Nano S. The reason for the suspicion is that the update was released shortly …

French cryptocurrency hardware wallet manufacturer Ledger has released a dedicated mobile app for some of its products, the company confirmed in a blog post Jan. 28. Dubbed Ledger Live, the app previously available for desktop is now available for Android and iOS mobile devices, the company reports. According to the blog post, the app allows users of Ledger Nano X wallets to use their wallet without the need for a cable via their mobile device and a Bluetooth connection. The first incarnation of the app primarily serves Nano X holders, while those with older Nano S or Ledger Blue can …

Cryptocurrency hardware wallet firm Ledger has unveiled a new Bluetooth-based wallet today, Jan. 7, according to a press release shared with Cointelegraph. The wallet, called the Ledger Nano X, was shown at the CES 2019 conference in Las Vegas. At the same time, the firm has announced mobile app set to go live on Jan. 28, allowing its users to manage their transactions and check their balances from a mobile device. The Ledger Nano X will have the capacity to store 100 crypto assets. At the end of November, Ledger Nano S had begun to support altcoin Monero (XMR). In …

Ledger claimed that recently uncovered vulnerabilities in its hardware wallets are not critical in an official Medium blog post on Dec. 28. Yesterday at the 35C3 Refreshing Memories conference in Berlin, researchers claimed that they were able to hack the Trezor One, Ledger Nano S and Ledger Blue cryptocurrency wallets. In the post, the company explains that there appeared to be “three attack paths which could give the impression that critical vulnerabilities were uncovered,” but according to them “this is not the case.” The reason Ledger says that the vulnerability is not critical is that “they did not succeed to …

Researchers have reportedly shown how they were able to hack the Trezor One, Ledger Nano S and Ledger Blue at the 35C3 Refreshing Memories conference. The demonstration of the hacks was published in a video on Dec. 27. The research team behind the dubbed “Wallet.fail” hacking project is made up of hardware designer and security researcher Dmitry Nedospasov, software developer Thomas Roth and security researcher and former submarine officer Josh Datko. During the conference, the researchers announced that they have been able to extract the private key out of a Trezor One hardware wallet after flashing — overwriting existing data …

Vctrade, a crypto exchange recently launched by Japanese financial giant SBI Holdings, has implemented Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) deposits. The company has revealed this in a press release published Dec. 21. The announcement further notes that the exchange — which was launched in July — is considering adding Bitcoin Cash (BCH) deposits after further evaluation of the cryptocurrency. SBI has also explained that cryptocurrency withdrawals will not be available until late January 2019, and will be limited to a hardware wallet that the company refers to as “designated wallet.” The ability to only use one specific wallet, …

Cryptocurrency hardware wallet manufacturer Ledger has updated its support of altcoin Monero (XMR) for its Nano S device, the company confirmed in a press release shared with Cointelegraph Nov. 29. The French company, which along with Trezor and KeepKey is one of the oldest hardware wallet manufacturers in the industry, said the Nano S was already compatible with Monero’s latest GUI 0.13 release. “We are thrilled to welcome another top-ten cryptocurrency to the Ledger platform with Monero,” CEO Eric Larchevêque commented, adding: “With this addition, Ledger devices now cover 90% of the entire crypto market capitalization.” Like its competitors, Ledger …

A platform which aims to demystify crypto and bring it to the masses through a suite of blockchain-driven financial services has launched its latest product: a hardware wallet that combines “institutional-grade security with a consumer-friendly user experience, beautiful design and premium materials.” In a promotional video not dissimilar from the sleek ads released by tech giants such as Apple, Coinvest unveiled the Coinvest Vault – which is designed for storing digital assets. The company says the hardware wallet provides a “one-of-a-kind security architecture” and supports the transfer of hundreds of different assets – and a special emphasis has been placed …

Cryptocurrency hardware wallet manufacturer Ledger announced it is expanding to New York as part of its development of institutional custody offering Ledger Vault, according to a press release shared with Cointelegraph Nov. 26. Ledger, which launched pre-access for Ledger Vault in May, has appointed former Intercontinental Exchange (ICE) executive Demetrios Skalkotos to lead the global business unit operations for the project. “New York City is the center of the financial world, hence having our Ledger Vault operations based in the region was a natural fit,” Ledger CEO Pascal Gauthier commented in the release. As the trend for businesses to serve …

Crypto software company Blockchain.com has launched a new hardware device that integrates with its existing online wallet, developed in partnership with crypto hardware security firm Ledger, according to a press release shared with Cointelegraph today, Oct. 25. A hardware crypto wallet is a form of so-called “cold storage,” which allows users to keep their crypto holdings and private keys offline in order to safeguard against theft via a remote attack. The new device, dubbed “Blockchain Lockbox,” is reportedly only compatible with the company’s online Blockchain Wallet, and has been designed to allow users to store all or a portion of …

The research arm of Japanese technology giant Sony announced it had created a contactless cryptocurrency hardware wallet in a press release Tuesday, Oct. 23. The as yet unnamed device utilizes IC smart card technology popular in Japan to communicate with the Bitcoin (BTC) or other cryptocurrency network. The advantages, according to developers from Sony Computer Science Labs (SCSL), lie in dispensing with the need to attach the wallet to a host device via USB, as is the current standard for the industry. “In addition, it is possible to securely generate and store a private key with a highly reliable tamper-proof …