Crypto
Ledger’s Ex-CEO Says “False Sense of Trustlessness Went Into Pieces” with New Feature
Ledger's ex-CEO stated his views on the recently launched feature in a Reddit post.
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ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
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DOGE$0.0789-3.56%
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LEO$9.49-0.84%
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Even open source, Ledger Recover's vulnerability lingers in other ways.
Ledger's ex-CEO stated his views on the recently launched feature in a Reddit post.
The optional subscription service to recover seed phrases is treading a fine line between convenience and controversy.
Ledger's valuation remains around the $1.4 billion mark after the first close of its $109m financing round.
Ledger chief of staff Jean-Michel Pailhon is leaving the company to focus on making NFTs and digital art "more accessible" to broader audiences.
Despite liquidity issues plaguing the crypto industry, makers of the Ledger hardware wallet seek new funding for planned growth.