The year-long mantra that the crypto market would see a blow-off top in December has proven to be a dud thus far and for the last week, most cryptocurrencies have been under sell pressure and Bitcoin (BTC) is encountering difficulty in trading above $47,000. That said, it's not all bad news for cryptocurrency holders on Friday because several altcoins have managed to post double-digit gains due to new exchange listings and protocol upgrades. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Flux (FLUX), SafePal (SFP) and Badger DAO (BADGER). FLUX benefits …

Major exchange Coinbase has announced it will begin to supporting crypto hardware wallets, starting with Ledger. The two companies made the announcement at the Ledger Open conference, which is taking place in Paris on Dec 9 and 10. Ledger is a major supplier of cold hardware wallets, which store users’ private keys more securely than hot online wallets. Users of the Coinbase Wallet browser extension will be able to connect their Ledger hardware wallets, maintaining self-custody and full controlover their assets. The partnership will be rolled out in phases, starting in the first quarter of 2022. Further down the track, …

Nearly every segment of the crypto sector underwent explosive growth in 2021. The steady inflow of institutional funds could possibly be interpreted as a signal that the best is yet to come. For new users, figuring out how to obtain cryptocurrency can be a tedious task, and the challenge of securing the assets off exchanges is another hurdle some investors find difficult to overcome. Here’s a rundown of some of the most used cryptocurrency soft wallets that support a wide swath of tokens and offer users access to decentralized finance (DeFi), nonfungible tokens (NFTs), staking opportunities and airdrops. MetaMask MetaMask …

Bitcoin (BTC) started the new month in strength and today's run up to $59,053 suggests that bulls are beginning to shake off the fears stirred up by the Federal Reserve's taper talks and the emergence of a new strain of Covid-19. Altcoins also saw their prices lift off and early hopes of a potential "Santa Claus rally" are making the rounds on crypto Twitter. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Request Network (REQ), Bifrost (BFC) and SafePal (SFP). Request Network transactions hit an all-time high Request Network is an …

United States cryptocurrency exchange Coinbase has rolled out a new standalone browser extension for its Coinbase Wallet, giving users the ability to more easily access thousands of digital assets on decentralized exchanges, commonly known as DEXs. Beginning Monday, Coinbase Wallet will be available as a standalone browser extension, which means new customers can download the tool for free on Chrome. New users also have the option of importing an existing Ethereum-based wallet, such as MetaMask, the company said. Existing customers who have been using the Coinbase Wallet through WalletLink will also have the opportunity to use the new feature by …

Are there use cases beyond crypto? The issues facing hardware wallets are not exclusive to the crypto sector by any means. Across multiple sectors around the world, there are a number of industries that have critical systems. They face the same challenge: Remaining up to date and fortified against attacks from the people who are trying to infiltrate. Every government runs critical systems — alongside the military, hospitals, space agencies, nuclear plants, airports, chemical plants, unmanned train networks, banks and stock brokers. The ramifications if these critical systems are compromised can be severe. Lives can be put at risk if …

A family that went all-in on Bitcoin (BTC) back in 2017 has revealed its secrets to safeguarding the asset now that it has increased in price by around 5,000%. The Dutch family of five’s storage plan includes a series of secret locations spread across four different continents. In 2017, the “Bitcoin family” liquidated all of its assets and went all-in on BTC when it was trading around $900. With BTC trading over $45,000 today, the family’s undisclosed fortune is substantially larger. Patriarch of the family, Didi Taihuttu explained that he has hidden the hardware wallets across several countries so that …

Digital payments firm Square is building a Bitcoin (BTC) hardware wallet, with CEO Jack Dorsey and hardware lead Jesse Dorogusker both confirming the plan on Twitter. The tech entrepreneur and Bitcoin proponent first teased the idea for a Square hardware wallet and custody service last month but revealed today that “we’re doing it.” We’re doing it #Bitcoin https://t.co/IwbKuBoXGv — jack (@jack) July 8, 2021 Dorogusker said on Twitter that Square wants to make Bitcoin custody more mainstream and outlined the pathway for the hardware wallet rollout: “We have a lot of questions and issues to reconcile and we’ll start with …

The consequences of Ledger’s major data breach continue to be felt almost a year later. One contributor to the r/Ledgerwallet forum on Reddit, writing under the tag u/jjrand and self-identified as one of those affected by the breach, has posted images of what appears to be a fake Ledger Nano X wallet received in the mail. Wrapped in seemingly authentic packaging, the device nonetheless included several tell-tale signs that sparked the contributor’s suspicion. Most jarringly, the package came together with a poorly written letter claiming to be signed by Ledger CEO Pascal Gauthier, telling its recipient: “For security purposes we …

Following a dramatic increase in its revenues in the first quarter, the cryptocurrency security and infrastructure company Ledger completed a new fundraising round led by 10T Holdings. Known for its Ledger Nano S and Nano X hardware wallets, Ledger announced the completion of a $380-million Series C fundraising round, which gave the company a valuation of $1.5 billion. Ledger’s Series B round investors Cathay Innovation, Draper Associates, Draper Dragon, Draper Esprit, DCG and Wicklow Capital attended the new fundraising. Tekne Capital, Uphold Ventures, Felix Capital, Inherent, Financiere Agache (Groupe Arnault) and iAngels Technologies were the new investors. Ledger CEO Pascal …

Ledger, a leading cryptocurrency security and infrastructure company, reported a dramatic increase in first-quarter sales, underscoring the strength of the bull market through the first three months of 2021. Revenues surged over 500% between January and March, the company reported Wednesday. Ledger said it was profitable during the quarter, but didn’t disclose actual figures. Ledger is the company behind the Ledger Nano S and Nano X hardware wallets, which allow users to self-custody digital assets such as Bitcoin (BTC). It competes for market share with Trezor and several other lesser-known wallets. “The entire industry is in hyper-growth, and we are …

A crypto app has warned that Bitcoin is facing a liquidity crisis — and the lack of supply on the open market could have ramifications for buyers and sellers alike. According to SwissBorg, the amount of Bitcoin held in exchanges’ wallets has decreased markedly in recent months. This has resulted in a number of major trading platforms suffering outages — with some forced to impose temporary limits on buy orders. Whereas many crypto apps rely solely on one exchange, SwissBorg is connected to four leading platforms: Binance, Kraken, HitBTC and LMAX. The company says this means there is a much …