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The private ledger, which is based on the open-source XRP Ledger, claims to be 120,000 times more efficient than standard proof-of-work blockchains making it desirable for a carbon-neutral approach, according to the release. The ledger seeks to provide central banks with “flexibility” and “control” without sacrificing financial stability and monetary
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Ransomware, malicious software that encrypts computers and keeps them “locked” until a ransom is paid, is the world’s fastest-growing cyber threat, according to Coinfirm. Recent attacks on critical national infrastructure, like the Colonial Pipeline incursion that crippled oil and gas deliveries for a week along the U.S. East Coast, have
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Popular cryptocurrency exchange Coinbase recently amassed a panoply of customer service complaints regarding account locking, hacking and even lost funds.A recent tweet by crypto analyst Kaleo garnered hundreds of comments from users all sharing stories of their unfavorable experiences with the exchange. This isn’t the first time the firm has
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In a recent blog post, popular cryptocurrency hardware wallet Ledger announced a new partnership with Ethereum 2.0 staking solution Lido Finance in a move that claims greater accessibility and liquidity for independent stakers in the market.Staking is a niche method of investing within the cryptocurrency ecosystem which allows users to
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Ripple CTO David Schwartz said the firm is currently working on a non-fungible token (NFT) strategy. He added that based on observations, people care little about the underlying technology, only the NFT itself and the user experience. “Ripple is currently working on an NFT strategy. I think the key element here
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Ledger and Shopify have been hit by a class action lawsuit over a major data breach that saw the personal data of 270,000 hard wallet customers stolen between April and June 2020,Phishing scam victims John Chu and Edward Baton filed the lawsuit in California against the crypto wallet provider and
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Ledger's mobile app now allows users to connect to decentralized apps via an integration with open-source protocol WalletConnect. Source
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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
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As soon as he learned he was among the thousands of Ledger customers whose personal information had been published online Sunday, JimboChewdip, as he’s known on Twitter, acted fast. Not fast enough, however.JCD, as we’ll call him, spent Monday morning changing his passwords, only to get a notification a new
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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
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