Ledger’s Charles Guillemet says artificial intelligence is making hacks cheaper and faster, forcing a rethink of how crypto systems stay secure.
The transaction comes years after Ledger’s last primary raise, which valued the company at $1.5 billion in 2023.
The move builds on earlier reports that Ledger is exploring a New York IPO that could value it at more than $4 billion.
The feature allows users to verify and sign every transaction generated by an AI agent using a Ledger hardware device, ensuring private keys never leave the hardware signer.
The security architecture surrounding Bitcoin continues to evolve as new infrastructure emerges to support self-custody and advanced on-chain protections. A notable step in this direction is the integration between Babylon Labs and Ledger. By combining Babylon’s protocol-level vault system with Ledger’s hardware wallet security, the collaboration seeks to strengthen how users store, manage, and interact with BTC in decentralized environments. How Babylon And Ledger Aim To Strengthen Bitcoin Self-Custody The Babylon platform is expanding access to Trustless Bitcoin Vaults through a new integration with Ledger. According to the Babylon Labs post on X, once the integration goes live in the second half of the year, users will be able to authorize BTCVault transactions directly from a ledger device using clear signing. This will allow 8 million Ledger users to review and approve vault operations on a secure hardware screen. Related Reading: Bitcoin On-Chain Data Identifies Unusual Market Cap Behavior – Details These Trustless BTC Vaults are anchored directly on the BTC base layer and enable external applications to verify that BTC collateral remains locked in place while enforcing predefined collateralization conditions. This vault architecture utilizes cryptographic mechanisms to execute rules, such as unlocking funds or triggering a liquidation event, rather than relying on discretionary control. By combining Babylon’s vault architecture with Ledger’s secure signing infrastructure, BTCVault workflows can connect with the hardware security that many BTC holders already rely on for self-custody. As part of the broader rollout, Ledger devices will also support Babylon’s native asset, BABY, on Ledger devices. A Familiar Pattern Emerges In Bitcoin’s Orderbook Data As noted by Crypto analyst Ardi, the latest order book data is showing a pattern that has appeared at key moments in the market before. Currently, asks on Bitcoin have climbed to a two-month high, with roughly $1.57 billion in sell-side liquidity stacked above the current price compared with about $1.125 billion in bids below. This shift indicates around 40% more supply than demand within 5% of the market price. Related Reading: No Rebound For Bitcoin Yet — Short-Term BTC Holders Continue Holding At A Loss Ardi pointed out that the last time the asks reached a similar high level was during the retest that followed the $98,000 fakeout in January. In that case, BTC briefly broke above the fakeout range, price re-entered it, and then retested the level while the sell-side liquidity accumulated heavily above the retest price. Now, the BTC market structure appears to be retesting after the $72,000 fakeout, with orderbook data showing a similar signature. In this setup, bids below the price act as a support cushion, while asks above the price form a resistance wall. When Asks liquidity spikes to multi-month highs during a retest, it suggests that participants are using price rebounds as opportunities to sell into strength. However, Ardi cautions that orderbook liquidity can be removed at any time, and the recurring pattern of elevated asks during post-fakeout retests has shown a specific track record on this chart. Featured image from Getty Images, chart from Tradingview.com
Ledger's Donjon team exposed a MediaTek Android flaw enabling attackers to extract PINs and wallet seed phrases in seconds.
The partnership aims to make native bitcoin usable as collateral in decentralized finance without giving up self-custody.
Tokenized funds and deposits are edging toward the mainstream, though regulation, infrastructure and security remain obstacles.
Ledger is working with Goldman Sachs, Jefferies and Barclays to list in New York, potentially tripling its last valuation, the Financial Times reported.
The French hardware wallet maker has engaged investment banks to explore a US initial public offering, the Financial Times reported.
Also: Starknet goes down, Vitalik Buterin's goals for Ethereum and ETH staking queues cleared.
Security researchers spoke to CoinDesk about how users can protect themselves after Monday’s breach.
The latest data exposure comes nearly six years after a leak that involved over 270,000 Ledger customers occurred in 2020.
Ledger is dealing with a new data exposure incident involving its third-party payment processor, Global-e.
Perpetrators use various tactics, including posing as delivery drivers or waiting at gyms, homes, or hotel rooms, to target victims and demand access to their wallets.
Ledger secures about $100 billion worth of bitcoin for its customers.
The hardware wallet manufacturer is having its best year yet, its CEO told the Financial Times, even ahead of an expected holiday season boost in sales.
UK citizens are currently blocked from viewing certain Ledger blog pages, including an educational post on multisig wallets, due to new compliance rules. When visiting these pages, users in the UK receive a message: “Due to new rules in the UK, certain Ledger.com webpages are restricted.” These restrictions affect crypto educational resources and are linked […]
The post Ledger pages blocked as UK’s crypto crackdown hits education, advertising, banking appeared first on CryptoSlate.
Also: BOB Unveils BTC Vault Liquidation Engine, Ledger’s Major Overhaul and Google Weighs In on Quantum Computing.
Ledger’s new multisig rollout sparked backlash from developers over added fees and lack of support for older Nano S devices.
Alongside, there's the Ledger Wallet, a reimagined version of the company's Ledger Live app, and Ledger Enterprise Multisig, a new platform for institutional asset management.
According to Guillemet, the malicious code — already pushed into packages with over 1 billion downloads — is designed to silently swap crypto wallet addresses in transactions. That means unsuspecting users could send funds directly to the attacker without realizing it.
Ledger will end software updates for its 9-year-old Nano S wallet, as the device’s 320 KB memory can’t support new security features, said CTO Guillemet.
The card, facilitated by crypto card enabler Baanx, offers users 1% cashback in bitcoin (BTC) or USDC on purchases, and the ability to directly deposit paychecks into the on-chain card account via bank transfer.
David Balland and his wife were rescued in a police operation involving elite units, Paris Prosecutor Laure Beccuau said.
The Bitcoin seized from former ICRF employee Marat Tambiev will be turned into Russian state revenue from a hardware crypto wallet.
Hardware wallet provider Ledger has linked a recent loss of funds by one of its users to a phishing attack in February 2022.
Topper’s crypto off-ramp solution is designed to allow anyone using a self-custodial wallet like MetaMask to convert their crypto into fiat.
Phishing attacks are a growing concern in the crypto industry, accounting for over $46 million worth of cryptocurrency stolen during September.
Topper’s on-ramp entrance to Ledger Live comes at a time when Ledger supports only one off-ramp solution.