Ledger CEO explains hack, calls it ‘isolated incident’
CEO and Chairman Pascal Gauthier says the company is working with law enforcement to “find this bad actor, bring them to justice.” Go to Source
Ledger
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Decentralized applications pause Ledger Connect as exploit fix deployed
Ledger has since attributed the exploit to a phishing attack on a former employee. Go to Source
Ledger attacker drained at least $484K
The hacker behind the attack on Ledger’s connector library had stolen at least $484,000, according to blockchain analysis platform Lookonchain. Go to Source
Multiple DApps using Ledger connector compromised
Multiple decentralized applications using Ledger’s connector library have been compromised, including SushiSwap and Revoke.cash, Go to Source
U.S. lawmakers introduce CLARITY Act to limit federal ties with Chinese blockchain
Furthermore, the act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether. Go to Source
Abu Dhabi pioneers DLT regulation for DAOs and Web3 innovations
Abu Dhabi aims to become a crypto hub alongside Dubai, in a move that’s part of a larger goal to foster initiatives in the broader blockchain and digital asset realm. Go to Source
Crypto Biz: BlockFi emerges from bankruptcy, Worldcoin halts USDC payments and more
This week’s Crypto Biz looks at BlockFi’s emergence from bankruptcy, BlackRock’s spot Bitcoin ETF developments, Worldcoin’s operator payment scheme upgrades and more. Go to Source
Ledger hardware wallet rolls out cloud-based private key recovery tool
Ledger emphasized that the ID checks required for its private key recovery tool are not like KYC checks as they require “much less” information. Go to Source
Ripple CTO seeks community consensus for XRPL AMM feature adoption
Schwartz stated that if the majority supports the amendment, the changes could be implemented in as little as two weeks. Go to Source
CoinShares’ crypto venture Komainu wins crypto registration in UK
Komainu is increasing its presence in the U.K. after making an agreement with authorities to store crypto seized during local investigations in 2021. Go to Source
