Ledger


Tech

Ledger Recover Fiasco Exposes Gap Between Blockchain Ideals and Technical Reality

After a video went viral of what appears to be a hardware wallet getting smashed with a hammer and then blow-torched into a charred mass, Ledger (and all of the crypto industry) got a searing reminder on the importance of managing expectations.

Screen grab from video purporting to show a user smashing a hardware wallet with a hammer and then setting it ablaze with a blowtorch. (@oklahodl1/Twitter)

Consensus Magazine

Ledger's PR Struggle Reveals Uncomfortable Trade-Offs for Crypto Storage

In a series of media appearances, executives said the French wallet-maker would make part of its code open-source and add additional security protections.

Ledger CEO Pascal Gauthier at Web Summit 2021 in Lisbon, Portugal. (Harry Murphy/Web Summit via Sportsfile)

Videos

Ledger CEO Addresses the 'Mistake' Surrounding Its Key Recovery Service Plans

Last week, Ledger announced a service called Ledger Recover, which will allow users to store encrypted backups of their seed phrases with a set of three custodians. This was followed by harsh criticism from the crypto community. Ledger CEO and Chairman Pascal Gauthier said "the mistake was to release a technical note regarding the operating system, before we had actually released clear communication about the product."

Recent Videos

Advertisement
Videos

Ledger CEO on Fragility of Trust in Crypto Industry

Ledger CEO and Chairman Pascal Gauthier discusses the complexity of the crypto space and the fragility of trust in the industry, reacting to the recent criticism the hardware wallet provider received over its key recovery feature.

Recent Videos

Videos

Ledger CEO Addresses Key Recovery Rollout Delay

Hardware crypto wallet provider Ledger has pledged to accelerate their open-sourcing roadmap and delay the launch of its private key recovery service after criticism from the crypto community. Ledger CEO and Chairman Pascal Gauthier joins "First Mover" to address the privacy and data protection concerns raised surrounding Ledger Recover.

Recent Videos

Videos

Crypto Wallet Provider Ledger Delays Key-Recovery Service After Criticism

Hardware wallet provider Ledger will postpone the release of its key recovery feature following harsh criticism from the crypto community, according to a letter from Ledger CEO Pascal Gauthier to the users. "The Hash" panel weighs in on the latest developments.

Recent Videos

Finance

Crypto Wallet Provider Ledger Delays Key-Recovery Service After Uproar

After criticism from the crypto community, the firm pledged to open-source the Ledger Recover code before releasing the controversial update.

Ledger Wallet (Amjith S/Unsplash)

Advertisement

Opinion

Ledger’s Hard Lesson: Being Right Isn't Good Enough

Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way.

Ledger CEO Pascal Gauthier at Web Summit 2021 in Lisbon, Portugal. (Harry Murphy/Web Summit via Sportsfile)

Videos

Unpacking Ledger’s Controversial New Bitcoin Key Recovery Feature

Paris-based hardware wallet-maker Ledger announced a new key-recovery feature this week, allowing users to recover their private keys. But opponents say that the product isn’t compatible with the concept of a hardware wallet, which promises to ring-fence private keys from prying eyes. "The Hash" panel discusses the criticism around the launch of "Ledger Recover" and the implications of privacy in crypto.

CoinDesk placeholder image