Category: Hardware Wallet Manufacturer

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Ledger Faces Backlash for Controversial Backup Tool as Crypto Community Expresses Discontent

May 17, 2023

Hardware wallet maker Ledger is facing significant backlash for its recent introduction of a tool enabling users to back up their seed phrases through the transmission of encrypted key fragments to third-party firms. The crypto community has not embraced this new feature, with numerous digital currency users venting their frustration on social media platforms. Ledger’s…
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Report: Crypto Hardware Wallet Maker Ledger Seeks $100 Million Capital Raise

August 2, 2022

The French cryptocurrency hardware wallet manufacturer Ledger is seeking to raise fresh new capital after raising $380 million in June 2021, according to sources familiar with the matter. The hardware wallet company Ledger is reportedly looking to raise at least $100 million from strategic investors. Crypto Hardware Wallet Manufacturer Ledger Is Reportedly Looking to Raise…
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