Ledger Introduces "Difficult to Hack" Bitcoin Wallet
French startup Ledger has introduced a new multisig bitcoin wallet that they're claiming is practically immune to hackings and malicious attacks. Known as the Ledger Wallet Nano, the device enforces an impenetrable chip or smartcard known as the Secure Element, which can also be found in items such as bank cards and mobile phones. Users' bitcoins, according to the company, remain safe through the implementation of private codes, which enable one to gain access to their currency. The wallet currently runs for about $36 USD (or 0.1213 BTC), which Ledger feels is an affordable price for all....
Related News
The Bitfinex hack was an unfortunate time for Bitcoin users as the exchange had lost roughly $70 million USD in customer funds. Thus, the topic of security is on everyone’s lips as two hardware wallet manufacturers — Trezor and Ledger — are claiming that the hack could have been prevented with one affordable device. Trezor Wants to Stop Bitcoin Exchange....
Famous crypto hardware wallet provider ‘Ledger’ has announced that version 4.0.0 of the Cardano (ADA) app will now be available and accessible on Ledger live. This development introduces the smart contract functionality of the ADA ecosystem, which is one of its new features. What this means for users is that they shall be able to […]
The Ledger wallet is a new hardware Bitcoin wallet that has generated a lot of buzz in the Bitcoin community. Bitcoinist.net, in partnership with Ledger, will be giving away three Ledger wallets for free to our readers! Ledger is a France-based startup that provides an innovative new hardware wallet that allows Bitcoiners to safely store their coins. The wallets utilize Ledger OS, an “elegant and innovative design” that stores private keys in an “impenetrable zone” and signs transactions in a “secure environment.” Ledger believes that providing highly-secure ways to store Bitcoin is....
The Bitcoinist.net Ledger Wallet giveaway has come to a close, and we have picked three winners to receive a Ledger Wallet! These winners will be able to use their Ledger wallets as a safe and reliable method of hardware Bitcoin storage. To ensure fairness in this giveaway, we used Random.org to arrange a randomized list that we used to pick our three winners. For the sake of privacy, we will not publish the winners’ names, but they will receive notification via email. Ledger operates out of France, and works to provide the Bitcoin industry with innovative hardware wallet technology that....
Bitstamp has announced integration with the Ledger hardware wallet platform, allowing users to send their BTC directly to and from cold storage. Bitstamp Integrates Ledger Wallet’s BOLOS Protocol. This summer’s Bitfinex hack, resulting in the loss of $70 million USD in bitcoin, has shaken the entire community. However, it has also led some exchanges to....