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Ledger Reduces Workforce By 12%, Cites Macroeconomic Difficulties
Friday, October 6, 2023 - 11:22am | 495Ledger CEO Pascal Gauthier announced the company will trim 12% (almost 80 employees) from the ranks of its more than 700 employees. The Paris-based, crypto security company will consider local employment laws related to employees' departure. What Happened: “Macroeconomic...
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Ledger Teams Up With PayPal To Streamline Bitcoin, Ether Purchases
Wednesday, August 16, 2023 - 2:17pm | 517In a bid to enhance user experience, hardware wallet provider Ledger on Wednesday announced its integration with PayPal (NYSE: PYPL) to simplify the process of buying cryptocurrencies, including Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), for U.S.-based users via the Ledger Live...
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EXCLUSIVE: Ledger CEO Says Open-Sourcing Does Not Equal Better Security
Wednesday, May 24, 2023 - 3:44pm | 614Ledger CEO Pascal Gauthier says open-sourcing the company's Recover code does not equal better security, but ensures more transparency so people can verify the code is secure. Gauthier spoke with Benzinga regarding the roll-out of the Ledger Recover service after the Paris-based company...
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Ledger Delays Launch Of 'Recover' Following Uproar, Will Give Users Option To Build Their Own Backup
Tuesday, May 23, 2023 - 4:12pm | 405Cryptocurrency hardware wallet provider Ledger has decided to postpone the launch of its highly anticipated Ledger Recover service following a wave of criticism on social media. The company faced significant backlash due to what its CEO, Pascal Gauthier, referred to as an "unintentional...
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Will Ledger's New Feature Compromise Your Crypto Stash? CEO Says It Will Onboard 'Hundreds Of Millions' To Crypto
Tuesday, May 16, 2023 - 3:25pm | 747Crypto wallet producer, Ledger, has drawn flak for introducing an update enabling its devices to transmit encoded fragments of users' seed phrases to others. The Paris-based firm has asserted that this move aims to facilitate the recovery of seed phrases, akin to passwords, for users....