Ledger, one of the leading security-focused hardware wallet suppliers, has sold more than one million hardware crypto wallets in 2017, earning a profit of $29 million, the firm said in an interview with Forbes July 9. Having raised $75 million this January in a Series B funding round led by European venture capital firm Draper Esprit, the Paris-based company is planning to raise more funds this year. Ledger’s president Pascal Gauthier revealed that while the January round was focused on venture capitalists, “who could advise on Ledger’s consumer Nano S business,” the new round intends to attract “industrial partners who …
Update: This article was based on Ledger's post on Medium.com, which insinuates that Ledger will integrate full FIDO features. We've been told that this is not true, however. Ledger says they will add U2F authentication, but not biometric. We apologize for the error. The next generation of Ledger, a smartchip-based Bitcoin hardware wallet similar to Trezor, will be compatible with the authentication features of Fido Alliance – namely external dongles and fingerprint readers. Ledger says they will employ Fido Alliance's Second Factor (U2F) and Passwordless (UAF) authentication types. Of U2F authentication, a Ledger spokesperson tells Medium: “[It] uses Elliptic Curve …
The hardware wallet Trezor has been integrated as a password-less login option to Bitex, Coinpayments, CoinSimple, Osclass, and Strip4Bit. The Trezor login replaces the traditional email/username/password approach, and developers hope that more sites will add Trezor as a login option. BitStamp, Drupal, Slush Pool, and even Wordpress are on the “planning to integrate” list. In addition, Trezor now supports Dash. This addition follows previously supported cryptocurrencies Litecoin, Viacoin, Mazacoin, and colored bitcoins. These coin types are supported via Trezor's integration with the wallets Coinprism, Electrum, Encompass, Multibit HD, and Mycelium (which Trezor staff now calls “Trezor apps”). Marek “Slush” Palatinus, …
Despite mounting pressure on many parts of the Chinese Bitcoin space, the country’s hardware industry continues to bring new innovation to the market. The latest offering from the sector is the Hardbit wallet, a hardware Bitcoin wallet due to receive its international launch today. The device, around the size of a credit card, includes a password-protected, fully integrated operaing system, two-way authentication and automatic back-ups. Payments are made by scanning a payment address and amount, then entering a password. The device launches into a market relatively unexplored in terms of Bitcoin innovation. There are several other hardware wallets in production, …