Hardware Wallet News
A hardware wallet is a device where a user’s cryptocurrency wallet and private keys are stored. Cryptocurrency hardware wallets are considered to be more secure than software wallets, as they are immune to most viruses and have no need to interact with potentially-vulnerable software. There are no well-known and proven cases of funds being stolen from Bitcoin hardware wallets. However, hardware wallets for Bitcoin do not make its user invulnerable to frauds or thefts. Hardware wallets can be compromised with insecure random number generators that are often implemented into hardware wallets for security, with compromised shipping and production processes and imperfect usage of the device. Bitcoin hardware wallets are currently made by various companies such as Ledger, TREZOR and BitLox.
Cointelegraph sat down with Trust Wallet CEO Eowyn Chen to talk about how Web3 can become a better experience for everyone.
Trust is the best strategy in crypto bear market — Trust Wallet CEO
The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado, where the suit was filed.
Atomic Wallet asks to toss suit over $100M hack, saying it has ‘no US ties’
NGRAVE, a digital asset security provider, offers user-friendly, self-custody solutions that combine offline key creation with advanced recovery options for cry...
Crypto wallet with zero connectivity: NGRAVE joins Cointelegraph Accelerator
Stefan Thomas, the former chief technology officer at Ripple, has an IronKey hard drive containing 7,002 BTC with only two attempts at guessing a password remai...
Recovery firm proposes cracking former Ripple CTO’s $244M Bitcoin hard drive
Ledger emphasized that the ID checks required for its private key recovery tool are not like KYC checks as they require “much less” information.
Ledger hardware wallet rolls out cloud-based private key recovery tool
Trezor is celebrating its 10th anniversary by releasing three new self-custody products, with a focus on providing entry-level devices.
Trezor releases new hardware wallet and metal private key backup
Ledger’s CEO says that, while it may take a few years, big money is getting into crypto.
ETF filings changed the Bitcoin narrative overnight — Ledger CEO