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Ledger announces secure touchscreen devices options

Webp pascal
Pascal Gauthier, CEO at Ledger | LinkedIn

Ledger has announced its next-generation devices, Ledger Stax and Ledger Flex, featuring secure touchscreens. Ledger Stax provides a premium option, while Ledger Flex offers comparable features at a more accessible price.

According to Ledger, the company has introduced its next-generation hardware wallets, Ledger Stax and Ledger Flex, both utilizing Secure Element chips and secure operating systems to enhance digital asset protection. These devices incorporate advanced technology to provide secure and user-friendly experiences.

Both Ledger Stax and Ledger Flex feature larger, improved displays that enhance user interaction by making it easier to read and verify transaction details. This is crucial for preventing crypto theft, as smaller screens can obscure transaction information, leading to increased risk. The larger screens offer a clearer view and a more intuitive user experience, akin to using a smartphone, thereby reducing potential errors and misunderstandings.


Pascal Gauthier, CEO at Ledger | LinkedIn

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Ledger’s new devices boast the world’s first secure E-Ink touchscreens, which are directly driven by the Secure Element chip. This setup prevents the common vulnerabilities associated with traditional screens, which are prone to malware attacks. By utilizing tamper-resistant technology, Ledger Flex and Ledger Stax allow users to confidently verify transaction details, minimizing the risk of falling victim to spoofing or phishing schemes. This advancement aims to provide safer digital transactions compared to standard devices reliant on general-purpose chips.

Founded in 2014, Ledger specializes in developing products and services for securely managing digital assets. With over 700 employees across multiple global offices, the company is known for its devices powered by a Secure Element chip and a proprietary operating system. These devices, along with the Ledger Live app, are designed to protect and manage cryptocurrencies and other digital assets. The company also offers customizable infrastructure solutions for enterprises, including banks and hedge funds, to safeguard crypto assets.

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European banking authority issues new guidelines for crypto providers to comply with restrictive measures

On November 14, the European Banking Authority (EBA) released comprehensive guidelines for Payment Service Providers (PSPs) and Crypto-Asset Service Providers (CASPs) to ensure alignment with European Union (EU) and national restrictive measures. These guidelines aim to reduce risks and strengthen compliance when transferring funds or crypto assets.

Nov 22, 2024

New crypto regulations aim to keep startups from 'sailing away' to the U.S.

The UK government is set to introduce new cryptocurrency regulations aimed at countering the growing appeal of the United States as a destination for crypto businesses. In response to concerns of regulatory delays following Brexit, the legislation focuses on establishing a clearer framework for stablecoins and staking activities, with the goal of strengthening the UK’s position as a global hub for digital assets.

Nov 22, 2024

OpenAI chooses Paris as its new home base

OpenAI, the world’s largest artificial intelligence company, has announced it will establish a new base in Paris.

Nov 20, 2024

Crypto investors sound alarm on UK’s capital gains tax hike and regulatory pressure

On October 30, UK Chancellor Rachel Reeves announced a capital gains tax (CGT) rate increase for high-income individuals, raising it to 24%. This change has raised concerns in the cryptocurrency community, where some investors fear that increased tax and regulatory pressures will diminish the UK's appeal for digital asset investment.

Nov 20, 2024

UK’s digital assets bill brings much-needed clarity to digital asset regulation

On November 6, the UK government issued an updated version of the Property (Digital Assets Etc.) Bill, clarifying its approach to defining digital assets, including crypto tokens, as recognized property under English law. The update aims to provide greater security and clarity for individuals and businesses engaging with digital assets.

Nov 20, 2024

Outlier Ventures CCO: People may use a 'more efficient, much less costly system to achieve the same user benefit'

Matt Law, Chief Commercial Officer at Outlier Ventures, said that it would not "surprise" him if many people embrace "more efficient," cost-effective systems like tokenization to gain the "same user benefit."

Nov 16, 2024

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