A researcher revealed questionable practices by Ledger that raises important privacy concerns about the leading crypto wallet. In a recent X thread a cryptocurrency researcher unveiled practices by Ledger that raise concerns about privacy for Ledger Live users. The researcher particularly raised concerns regarding how Ledger Live manages user data and the limited options for offline use on Ledger hardware wallets. According to @rektbuildr’s findings, Ledger Live actively monitors users and gathers data, performing a device check whenever a Ledger device connects. Ledger Live embeds the genuine check into the…
Tag: Live
Blast Hits $1.1B in Deposits More Than a Month Before It’s Due to Go Live
It’s worth noting that crypto asset prices have surged across this board this year. Bitcoin (BTC) has risen more than 150% to around $43,000 while ether (ETH) has doubled to $2,400. The increase has spurred a wave of optimism across investors, which is highlighted by the rapid rise of projects like Blast. Source
IOTA’s ShimmerEVM Bridge Goes Live in Strategic Linkup with LayerZero
The timing for the launch of the ShimmerEVM Bridge is a perfect one, considering the broader expansion underway in the IOTA ecosystem. The ShimmerEVM protocol from IOTA is advancing an impressive cross-chain interoperability protocol with the integration of LayerZero’s technology to enhance its bridging capabilities. As reported by Coindesk based on the scoop from the network’s developers, the Shimmer Bridge through which associated protocols can connect to other non-IOTA-based chains resident on LayerZero has officially gone live. As part of the Shimmer network, a testing ground for applications before they…
Rulematch, a Swiss Crypto Exchange for Banks, Goes Live With Spain’s BBVA Among Its Clients
“The crypto spot market is really dominated by players which do not really fulfill the very high requirements of a regulated participant,” CEO David Riegelnig said in an interview. “Primarily, the mix of functions that so-called crypto exchanges typically do, which makes them much more of a broker than actual exchange, was what triggered us to start rolling out Rulematch.” Source
Galaxy-Backed Gyroscope’s Decentralized Stablecoin GYD Goes Live on Ethereum (ETH) Mainnet
Backing assets are stablecoins deployed in certain strategies such as yield-generating sDAI and USDC in Flux, and also support automated market-making (AMM) strategies like LUSD and crvUSD. As the stablecoin scales, the reserve has been designed to a large variety of strategies and assets, the Gyroscope team explained. Source
Ethereum Layer-2 Blockchain Operator Mantle Pushes New LSP Live
Mantle LSP was deployed on Ethereum, and this will be the second core product of the Mantle ecosystem, according to a press release seen by CoinDesk. The main Mantle Network, launched in July, currently has more than $220 million of deposits known as total value locked or TVL, according to L2 Beat. Source link
New Zealand dollar stablecoin goes live through local crypto exchange
A New Zealand dollar-pegged stablecoin has gone live through a partnership with New Zealand crypto exchange Easy Crypto and Australian blockchain development firm Labrys. In a Nov. 22 announcement, Labrys and Easy Crypto said the NZDD will be backed 1:1 with cash in trust and regulated by the New Zealand Financial Markets Authority. It’s initially live on Ethereum but has plans to expand to Polygon, the BNB Smart Chain, Arbitrum, Optimism and Coinbase’s Base. Easy Crypto was motivated to launch the stablecoin as it claimed it was harder for New…
New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live
Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February. Source
Singapore central bank to trial live wholesale CBDC for settlements
A pilot program for a live Singapore dollar-based central bank digital currency (CBDC) was unveiled by Singapore’s central bank with a wholesale CBDC to be used by local banks for settlements. “I am pleased to announce that MAS will pilot the ‘live’ issuance of wholesale CBDCs to instantaneously settle payments across commercial banks,” MAS Managing Director Ravi Menon said on Nov. 16 at the Singapore Fintech Festival. The MAS had previously only simulated the issuance of a CBDC in test environments, Menon said the central bank would soon partner with…
Singapore’s Central Bank MAS to Start Tokenization and ‘Live’ Wholesale CBDC Trials
MAS’ Orchid Blueprint sets out the technology infrastructure required for digital money transfers in the future, and a new set of four trials involving industry players looks to test various components. One, looking at tokenized bank liabilities for retail payments, will first be trialed at the Singapore FinTech Festival 2023, happening now, according to the bank. Source