If you agree, Ledger can hold some of your wallet's keys.
Ledger, one of the biggest wallet providers, has launched a new feature called Ledger Recover, and not everyone is happy about it. The private keys would be sent to three different companies by the tool. The three companies would use KYC information to verify wallet holders when they want to use the recovery tool.
I spent the evening educating myself, and now I'm in the "nvm it's fine" camp. Cold wallet are offline and self-custodied, compared to hot wallet, which are connected to the internet. A lot of people don't want anyone, including the company that sold them their wallet, to know their private keys. A lot of people think that this service lets them access their private keys, which the company previously said it wouldn't do.
People are not happy that the service requires users who may otherwise want to be anonymous to share their identities through a KYC process, not to mention some customers are wary of trusting the company with their information. Charles Guillemet, the firm's chief technical officer, put out a thread on Thursday to diffuse the fire. If you want to use Ledger Recover, you will have to consent on your device for the backup or the recovery process. In the U.
S., United Kingdom, Germany and Ireland, the company exclusively told TechCrunch+ that it will be available publicly today. Qiao Wang, a core contributor to Alliance DAO, said that the latest cohort makes for a good snapshot of what is happening in the industry at large. Many of the teams are looking at improving popular sub-sectors, like the Bitcoin network, appchains, rollups-as-a-service, zero-knowledge proofs, proof-of-physical-work and real-time blockchain data.
We have enough money to pay a lot of bounties. The security of the protocol is the most important thing. The reward money will come from the equity entity of the company. A few big players in the space are planning to do that.
Binance is banking big on M&A and VC deals. Yibo Ling is the company's chief business officer. I sat down with Ling at Consensus 2023 to learn more about the focus of the business, as well as a lot of other things. 100,000 toys will be priced at $5 to $35 and will be sold online and through retailers internationally.
Sergey Nazarov, co-founder of Chainlink, was interviewed on this week's episode of Netz. It has enabled over $7 trillion in transaction volume across Defi, gaming, NFTs and other major industries..