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 …

A Greek member of the parliament (MEP) of the European Union, Eva Kaili, declared that central banks have too much control over people’s deposits, according to a post published on Ripple’s blog on Feb. 8. According to the post, Kaili made the comments at the Ripple Regionals event in London last week. The MEP said that she realized that central banks had too much control over people's funds after the debt crisis in Greece. During her talk — which was dedicated to how the EU will regulate blockchain and cryptocurrency — Kaili also stated that she believes blockchain technology will …

The Italian House of Representatives has approved a bill defining distributed ledger technologies (DLT) such as blockchain, Cointelegraph Italy reported on Feb. 7. With 275 votes in favor, 206 against and 27 abstentions, the bill dubbed “Semplificazioni” has moved forward. The Agenzia per l’Italia Digitale will now define the technical criteria that smart contracts will have to comply with in order to have legal validity. Maria Laura Mantovani, a member of the Italian Parliament in the Movimento 5 Stelle party, told Cointelegraph Italy that a favorable use case for blockchain is its application in online voting. However, Mantovani noted that …

A TD Bank survey revealed that 90 percent of treasury and finance professionals think that blockchain and distributed ledger technology (DLT) will positively affect the payments industry, according to a press release published on Feb. 6. The survey, conducted by top ten United States-based bank TD — a subsidiary of the Canadian multinational Toronto-Dominion Bank — involved 406 industry professionals at the 2018 AFP Conference held Nov. 5-6, 2018, in Chicago, Illinois. The answers collected reportedly also reveal that only 14 percent of the respondents said that their organization has training strategies for blockchain. Moreover, 45 percent of the respondents …

United States-based credit union service organization CULedger has raised $10 million in a Series A funding round for its credit union-focused blockchain platform, according to a press release published Jan. 29. The company, which is a member of R3’s global blockchain ecosystem, first announced its funding round and its goal of raising $10 million in October, 2017. According to the release, the now closed funding round included 40 investors, noting that the “majority of investors are credit unions.” Following a successful round, CULedger will soon launch its flagship product, MyCUID. According to the project’s website, it is a distributed ledger-based …

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 …

Crypto hardware wallet supplier Ledger has signed an agreement with crypto payment startup Crypto.com to allow users to pay for its products with crypto, according to a press release shared with Cointelegraph on Dec. 19. Hong Kong-based Crypto.com has reportedly signed a Memorandum of Understanding (MOU) with Ledger that will enable Ledger to adopt their service Crypto.com Pay. The payment platform will purportedly allow Ledger clients to pay for products with cryptocurrency. Crypto.com Pay will purportedly be incorporated into Ledger’s online store, where customers will able to make purchases via Crypto.com Wallet and Card application. While the press release does …

United States Securities and Exchange Commission (SEC) Chairman Jay Clayton has said that Initial Coin Offerings (ICOs) “can be effective” but that “securities law must be followed.” Clayton spoke on the subject during a speech, published in full on the SEC’s official website Dec. 6. In regards distributed ledger technology (DLT), digital assets and ICOs, Clayton stated that this is an “area where the Commission and staff have spent a significant amount of time.” He then further added that he expects “that this trend will continue in 2019.” Clayton underlined that there are “a number of concerns” relative to ICOs. …

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week US SEC Delays Bitcoin ETF Decisions, Changes Deadline to Late February The United States Securities and Exchange Commission (SEC) has again postponed its decision regarding approval for a Bitcoin (BTC) exchange-traded fund (ETF) this week. According to a document released by the SEC, the new deadline is Feb. 27, 2019, and they will …