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 […]
According to VC data from Crypto Fundraising, the total funding for the week reached $382 million across various blockchain sectors, with World Liberty Financial securing $300 million through a public sale.
SoSoValue, a crypto market data provider known for its comprehensive analytics and indices, saw its newly launched token price jump 35.3% to $1.13 at the last check on Saturday. After launching on Jan. 24, the SOSO token hit an all-time…
The crypto VC funding sector touted a $150 million Series C round this past week, bringing total weekly investments to over $700 million. Payment solutions, wallet infrastructure, and financial services drew the most capital, according to Crypto Fundraising data. Let’s…
Gulf-based Sigma Capital has introduced a $100 million fund to invest in web3 sectors, from blockchain infrastructure to the metaverse. Sigma Capital, a private equity firm specializing in early-stage startups, has announced the launch of a $100 million fund to…
The second week of 2025 began with the $32.70 million sale of FTX EU to Backpack. Total known investments came in at roughly $189.96 million across various blockchain sectors. The activity shows steady capital flow in the early days of…
Offchain Labs has announced it hired Ira Auerbach, the former head of digital assets at Nasdaq, to lead its new venture capital arm, Tandem. The Offchain Labs team is a venture-backed group of developers contributing to the development of Ethereum…
San Francisco-based blockchain developer team Movement Labs is set to close a $100 million funding round as the company seeks fresh capital amid a resurgent crypto market. The Series B round will value the blockchain developer behind Movement, an integrated…
