Ledger lays off 12% of staff, citing ‘macroeconomic headwinds’
The wallet manufacturing firm reportedly had roughly 734 employees at the time of publication, suggesting that roughly 88 people may have lost their jobs. Go to Source
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ETF filings changed the Bitcoin narrative overnight — Ledger CEO
Ledger’s CEO says that, while it may take a few years, big money is getting into crypto. Go to Source
Nomura, CoinShares, Ledger joint venture Komainu wins Dubai crypto license
Komainu attained the final step in VARA’s licensing process nearly 10 months after securing its MVP license in November 2022. Go to Source
Ledger announces U.S. PayPal integration, lets users buy crypto from within app
Through the new integration, verified PayPal users in the United States will be able to buy BTC, ETH, BCH, and LTC directly through Ledger Live. Go to Source
Ledger releases white paper for hardware wallet seed recovery tool
Despite facing notable criticism over the Ledger seed recovery tool, the hardware crypto wallet firm expects to launch the Ledger Recover tool in Q4 2023. Go to Source Powered by WPeMatico
BIS releases unified ledger proposal for cross-border, tokenized asset transactions
Like the IMF’s single ledger proposal released a day earlier, BIS’ unified ledger uses familiar concepts, such as tokenization, without the blockchain. Go to Source Powered by WPeMatico
Ledger CEO says crypto key recovery service makes self-custody easier
Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping crypto natives. Go to Source Powered by WPeMatico
Crypto Biz: Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down
This week’s Crypto Biz explores Hotbit’s closure, Hong Kong’s licensing of crypto firms, Bitstamp’s acquisition by Ripple and Ledger’s branding crisis. Go to Source Powered by WPeMatico
Ledger key recovery service paused amid backlash, will open-source code
Ledger CEO Pascal Gauthier says the past week has been a “humbling experience” and apologized for the firm’s “miscommunication.” Go to Source Powered by WPeMatico
Crypto Biz: Tether flees from banks, Ledger’s backdoor for seed phrases and more
This week’s Crypto Biz explores Tether’s first quarter audit, Ripple’s partial victory against the SEC, Worldcoin fundraising and Ledger’s controversial recovery service. Go to Source Powered by WPeMatico
