Ledger, one of the leading security-focused hardware wallet suppliers, has sold more than one million hardware crypto wallets in 2017, earning a profit of $29 million, the firm said in an interview with Forbes July 9.
Having raised $75 million this January in a Series B funding round led by European venture capital firm Draper Esprit, the Paris-based company is planning to raise more funds this year.
Gauthier noted that the newly launched multi-user product Ledger Vault, which is designed for hedge funds and retail investors, has already caused a stir, with “literally clients queueing outside our office to buy it.” Apart from introducing Ledger Vault, the company has recently teamed up with Japanese global investment bank Nomura Bank to develop a crypto custody solution for institutional investors.
The new joint venture “Komainu” aims to deliver a digital asset infrastructure and operational framework for institutional investors.
In late 2017, Ledger’s hardware wallet Ledger Nano S made the top ten on Amazon’s best-seller list in the computer and accessories department, beating major competitors such as Trezor and KeepKey.
Having sold more than one million hardware wallets in 2017, Ledger to boost its business by attracting the interest of tech giants like Samsung and Siemens
Cryptocurrency industry commentators have poured scorn on decentralized exchange platform Bancor after hackers stole around $12 million July 9. Bancor Hack Cause Remains Unknown Bancor, which shot to fame in 2017 when it raised over $150 million in three hours during its ICO, confirmed the hack in an update Tuesday.
The United States Securities and Exchange Commission (SEC) is examining an application from the Chicago Board Options Exchange (CBOE) Global Markets which, if approved, could grant the company a coveted bitcoin ETF license, and bring new waves of institutional investors to the bitcoin arena.
Public filings released in late May establish the strongest link yet between Bitstamp and Korean gaming firm Nexon, which was rumored to have bought the cryptocurrency exchange earlier this year. Word of the acquisition also came months after Nexon bought a majority stake in crypto exchange Korbit for roughly $80 million in September 2017. Business
On 6th July, CEO Changpeng Zhao, in an interview with Bloomberg, said that Binance is expecting profits worth $1 billion in 2018. Binance, in just the first year of joining the market, has become a massive success story in the crypto industry with over 10 million users. Zhao started the venue in July of 2017 […]
The amount of stolen cryptocurrency in just six months of this year is significantly larger than the amount stolen last year. The total amount of stolen cryptocurrency in the entirety of 2017 has almost tripled in just the first half of 2018 so far.
The New York Posts John Crudele has published an article that discusses some reasoning for his theory that Bitcoin is about to fall out of itself and totally lose all value. Whilst this is a bold and frankly unrealistic claim, this is something that we should explore.
Police in Ruian, East China’s Zhejiang Province, arrested 16 suspects who allegedly implanted programs to secretly control computers in more than 30 cities for cloud mining. According to the police, the suspects controlled more than 100,000 computers and had mined more than 5.
The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust.
The accused were further alleged to have collected proceeds from drug sales in bitcoin between November 2013 and June 2017, which were seized by law enforcements. This is not the first time that U. S.
Witek Radomski — co-founder and CTO of Enjin Coin — has developed ERC-1155, a new standard for defining video game tokens on the Ethereum blockchain. Radomski’s journey to improve the gaming experience began 12 months ago in June 2017, when he created code for the first non-fungible token.
This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
The Japan-based Mt. Gox exchange had its bankruptcy stayed due to a petition filed by some of the creditors for the commencement of civil rehabilitation proceedings in Tokyo District Court on November 24, 2017, and heard today, June 22, 2018.
Mt. Gox creditors are one step closer to receive more than $ 450 per bitcoin lost. Gox. Gox Bitcoin Whale’ for selling $ 400 million in Bitcoin (BTC) and Bitcoin Cash (BCH) from December 2017 to February 2018.
Cryptocurrency has never been favoured or supported by the mainstream media, but this week’s news that an LA trader is facing jail time for their trading of Bitcoin, one of the biggest worldwide digital currencies, is bringing strange new attention to this new financial frontier.
In a first of its kind token swap, smart contracts Protocol ICON, will complete its first such massive transaction on Wednesday. The swap is for an estimated worth of $800 million. ICON is a smart contracts protocol that launched in 2017, with market capitalization of $800million.
The Capgemini World Wealth Report 2018 has revealed the rich are getting richer — and want better advice from their wealth managers on cryptocurrency investments. According to the report published June 19, 2018, high net worth individuals (HNWIs), with at least $1 million to invest outside of their main property investments, aren’t getting enough information about cryptocurrency investing from their wealth managers.
Turcoin, whose sales began in October 2017, was exposed as a Ponzi Scheme after the founders of the company reportedly fled the country, with Turkish Lira [TL] 100 million collected from 10,000 people.
Bancor has announced today it will launch a network of blockchain-based community currencies in Kenya. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration.
In order to continually improve the health of XRP markets globally, we share regular updates on the state of the market including quarterly sales, commentary on previous quarter market developments and company-related announcements.
An ICO backed by Tim Draper, built to solve governance protocols and incentivize innovation; this was Tezo’s pitch when they launched their ICO in July of 2017. Fast-forward a year later, investors have still not received their Tezzie [XTZ] tokens, after $232 million was raised in funds. Tezos promised to be a self-amending crypto ledger […]
Kalshi has just fended off a legal challenge from three California tribes, allowing the prediction market platform to continue offering sports-event contracts. Kalshi Inc., a U.S.-based prediction market platform, has successfully fended off a preliminary injunction sought by three California…
For fintech founder and investor Arthur Azizov, this current retrenchment marks a turning point. VCs, he says, are increasingly turning to infrastructure plays.
Crypto crowdfunding platforms are breaking venture capital’s hold, giving both institutions and communities a bigger role in funding web3. #projectreview
Kite, a company developing trust infrastructure for the agentic web, said it has raised $18 million in a Series A round, bringing its total funding to $33 million. The financing was led by PayPal Ventures and General Catalyst.
