Home / Crypto News / Ledger claims that sales have doubled in response to Binance hacking

Ledger claims that sales have doubled in response to Binance hacking

HOME> News> CEO Ledger announces sales doubled following Binance hacking incident


kaz 【CRYPTO TIMES Official Writer】

kaz Coin Desk News

A university student who graduated from high school in Switzerland and attends an American university. We entered the cryptocurrency last June and started investing in it with its fun and attractiveness.

Pascal Gauthier, CEO of Ledger, who sells hardware wallets, has announced that terminal sales have doubled since the Binance hacking incident .

At a panel discussion on the future of money held within the Atomic Swap conference held by The Block, Pascal Gauthier spoke on the floor, saying:

Binance has been hacked and our sales have doubled on the day of the hacking incident.”

He mentioned the importance of security in cryptocurrency exchanges and argued that these are an integral part of the growth of cryptocurrency optimism.

“Ledger believes that the security to protect the cryptocurrency is inadequate. We think that cryptocurrency is a great technology, but private key and endpoint protection may be the only weakness.”

It is surmised that many cryptocurrency investors have withdrawn assets from the exchange and moved them to the hardware wallet as a result of Binance hacking damage.

Binance leaks 7,000 BTC due to hacking damage, client assets guaranteed by SAFU fund-CRYPTO TIMES

Stable coin, which is judged as a safety asset, is also reported to be distrusted to the tether ($ USDT) due to the bitfinex tether problem that is reported daily, which may have affected the increased demand for hardware wallet There is.

Bitfinex’s Tether (Tether) / $ USDT Looking back on the problem What is the beginning of the case that had a major impact on the cryptocurrency market-CRYPTO TIMES

Article Source: The Block

Related articles From the same writer

Popular articles of the same category

Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/ledgers-sales-doubled/

Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided provided for entertainment and informational purposes only.

Please check the articles which have not been reviewed and verified all articles posted on CoinNewsDesk.com. Please independent research and verify any information found here before relying on facts on the facts. No content on Coin News Desk makes up a recommendation to enter in any type of investment or any investment in any investment strategy presented on this website. before making any decision regarding investments or your personal finances.

About Coin News Desk Team