Ledger news-Page 4
Former Apple Music exec joins crypto firm Ledger as head of NFT division
Apple Music veteran Parker Todd Brooks is leaving the company to join Ledger, one of the biggest providers of cryptocurrency hardware wallets. According to a Friday announcement, Brooks will now head Ledger’s nonfungible token division as the company expands its support for the storage, display, management and security of NFT pieces. Brooks is joining Ledger after spending the last seven years with Apple Music, helping launch Apple Music and music radio station Beats 1 after Beats Music was acquired by Apple in 2014. Prior to his role at Beats Music as director of artist integrations, he worked at Topspin Media, …
Music / April 2, 2021
Secure Bitcoin self-custody: Balancing safety and ease of use
Bitcoin’s supply is capped at 21 million, but a significant proportion of that total sum is likely lost forever. This situation is due to a variety of reasons such as lost private keys and discarded storage devices containing substantial amounts of Bitcoin (BTC). When Bitcoin owners are not being careless with their wallet passwords, they can sometimes be targeted by hackers looking to steal their precious crypto. Those who utilize third-party custodial solutions place their Bitcoin fortune at the mercy of the security protocols adopted by such services. Indeed, several attack vectors are constantly being utilized to try and gain …
Technology / Jan. 17, 2021
Ledger owners report chilling threats after 20K more records leaked
Ledger users are receiving threatening emails in the wake of the hardware wallet manufacturer reporting that 20,000 more of its customers have been affected by another massive data breach. One or more extortionists using the names Darrin Burlew and Denni Hornig have reportedly sent emails to users who say their personal information was released as a result of the data breach at Ledger in June and July of last year. Reddit user Crypthomie, a former flight attendant based in the United Arab Emirates, said his Ledger owning father received a message today. The email included his name, home address, and …
Business / Jan. 15, 2021
Ledger data leak: A ‘simple mistake’ exposed 270K crypto wallet buyers
The hacker likely responsible for Ledger’s security breach in July recently dumped a large amount of data exposing the personal information of over 270,000 customers, including phone numbers and physical addresses. The leak also included 1 million emails of Ledger wallet owners and customers that were signed up to the company’s newsletter service. Amid the furor caused by the incident, Ledger says its focus is on improving its security infrastructure rather than reimbursing users for any losses that may occur. Meanwhile, some affected customers are reportedly considering taking legal action against the company in the form of a class-action lawsuit. …
Bitcoin / Dec. 24, 2020
Doxxed Ledger users in danger of physical harm
While users affected by the Ledger data dump are threatening legal action, some wallet owners might be at the risk of being visited by criminals. According to a Redditor named "u/relephants," some users have begun receiving threatening emails demanding a $500 payment or else risk being attacked in their homes. This development opens up another risk factor for Ledger users whose private information has been leaked by the hacker. Apart from home invasions, the affected Ledger owners also have to deal with phishing and SIM swapping exploits, among others. Actual robberies connected to Bitcoin (BTC) are not uncommon, especially when …
Technology / Dec. 21, 2020
Ledger users threaten legal action after hacker dumps personal data
The hacker that breached hardware wallet provider Ledger’s marketing database earlier this year has released personal data for thousands of users, prompting many to threaten the firm with a class-action lawsuit. According to a tweet from network security firm Hudson Rock's Alon Gal, a hacker allegedly behind the breach of personal data from hardware wallet Ledger in June has made all the information they obtained available online. This reportedly includes 1,075,382 email addresses from users subscribed to the Ledger newsletter, and 272,853 hardware wallet orders with information including email addresses, physical addresses, and phone numbers. ALERT: Threat actor just dumped …
Technology / Dec. 20, 2020
The Giving Block and Cointelegraph to host first ‘Crypto’s Biggest Brain’ trivia contest
Want to flex your crypto brain power while supporting charities over the holiday season? The Giving Block and Cointelegraph will host the first Crypto’s Biggest Brain trivia tournament on Friday, December 18 at 7pm ET. The tournament brings together key stakeholders in the cryptocurrency ecosystem while raising awareness and donations for crypto-friendly nonprofits. The tournament will also be sponsored by some of the biggest names in crypto, with Gemini, Ledger and more participating in the event. They’re teaming up with The Giving Block and Cointelegraph to spread the word about how you can contribute to crypto-friendly charities. Trivia game participants …
Business / Dec. 15, 2020
Bitcoin Tuesday aims to raise $1M for good causes today
Bitcoin Tuesday, a crypto-based charity event hosted by The Giving Block, is looking to raise at least $1 million in donations today and over the rest of the month of December. The fundraising target makes Bitcoin Tuesday one of the largest crypto-based charity events ever. The Giving Block has secured partnerships with over 120 nonprofits and 30 blockchain companies to spearhead the charity drive. Some of the biggest names in crypto will participate, including: Gemini Ledger Blockfolio Maker Celsius Network Flexa 0x Along with many other blockchain companies, they are stepping up to help charities collect Bitcoin (BTC) and other …
Business / Dec. 1, 2020
Former digital head at luxury brand group LVMH takes role at Ledger
The revolving door between traditional finance and the crypto space is well established. Now, executives from the luxury goods sector appear to be following in their steps. Ian Rogers, formerly the chief digital officer at LMVH, is taking on a new role as “chief experience officer” at Ledger, the well-known French crypto hardware and software maker. LMVH was formed in 1987 from the merger of high fashion house Louis Vuitton and Moët Hennessy, which itself formed from a merger of champagne maker Moët & Chandon and cognac producer Hennessey, back in 1971. The newly-created role of chief experience officer involves …
Business / Nov. 30, 2020
Simple in practice: Crypto education is key to curbing phishing scams
As the global crypto economy continues to prosper, with Bitcoin (BTC) currently occupying the $15,500 region, questions regarding the overall safety and security of digital assets continue to persist, especially in the wake of a new scam whereby hackers made use of a phishing email to direct users to a fake Ledger website. According to various reports, victims were scammed to the tune of 1,150,000 XRP, worth approximately $290,000. Dave Jevans, CEO of blockchain intelligence firm CipherTrace and chairman of Anti-Phishing Working Group, told Cointelegraph, “Ledger should clearly have a more aggressive defensive domain acquisition strategy, as look-alike domains were …
Technology / Nov. 11, 2020
Ledger owners lose 1.1 million XRP to scam site
Phishing attempts and scams against Ledger wallet owners are on the increase with one such scam netting more than 1,150,000 XRP from its victims. The scam used a phishing email that directed users to a fake version of the Ledger website that substituted a homoglyph in the URL — in this case a letter that looked like the letter ‘e’ but wasn’t. On the fake site, victims were fooled into downloading malware posing as a security update which drained the balance from their Ledger wallet. I got a txt message last night with my full name saying ledger security alert....to …
Altcoin / Nov. 6, 2020
Ledger’s recent security audit was unconnected to their data breach in June
Popular hardware wallet company Ledger recently announced that they had passed a notable security evaluation, known as SOC 2 Type 1. This certification came following a significant data breach the company suffered in June. Ledger did not, however, decide to conduct its security audit because of the breach, according to comments from a Ledger representative. "Ledger is always seeking to raise the security standards and has been working on getting the attestation prior to the data breach," the representative told Cointelegraph. News of Ledger's completed SOC 2 Type 1 audit came in October, essentially giving the market a level of …
Business / Oct. 16, 2020