Ledger

Published: 24 Apr, 2025 | Author, @MrJangKen | ID: 766881381
With crypto adoption at an all-time high in 2025, more people than ever are buying, trading, and storing digital assets. But with growth comes risk — and wallet security is now a bigger deal than ever. One small mistake, and you could lose everything. 💸

You might think you're safe, but here's the truth:
👉 Most crypto holders are making critical security errors
👉 Hackers have gotten smarter — and your defenses might be outdated
So what are you doing wrong? Let’s break it down and show you how to truly protect your crypto in 2025. 🔍👇
🧠 Mistake #1: Keeping Everything on a Centralized Exchange
Yes, exchanges like Binance, Coinbase, and Kraken are convenient. But if you're storing all your funds there, you’re vulnerable to:🚫 Exchange hacks🔒 Frozen accounts📜 Regulatory clampdowns
Solution:
✅ Use exchanges only for trading, not for storage✅ Transfer funds to a non-custodial wallet for long-term holding
📱 Mistake #2: Using Only a Mobile Wallet
Mobile wallets are handy — but also more vulnerable to:Malware 🦠SIM-swapping attacks 📲Phishing apps disguised as wallet tools 🎣
Solution:
✅ Pair your mobile wallet with 2FA✅ Never store large amounts on mobile✅ Use a hardware wallet like Ledger, Trezor, or Keystone for big holdings
🧾 Mistake #3: Not Backing Up Your Seed Phrase Properly
Still storing your 12/24-word seed phrase in your phone’s notes app? ❌ That’s a disaster waiting to happen.Real-world horror stories in 2025:📉 Users losing $100k+ to a stolen phone💀 Families unable to access funds after a death🧨 Seed phrases getting hacked through iCloud backups
Solution:
✅ Write it down on paper or steel — NOT digitally✅ Store in two separate physical locations✅ Consider multi-sig wallets or social recovery options (like Safe or Argent)
💻 Mistake #4: Ignoring Software Wallet Updates
Outdated software = open door for exploits 🚪Some wallet bugs in 2024–25 led to millions in losses.
Solution:
✅ Regularly update your wallet apps✅ Follow dev teams on X/Discord for security notices✅ Avoid obscure wallets with poor maintenance history
🧩 Mistake #5: Falling for “Connect Wallet” Scams
In 2025, wallet-draining dApps are everywhere.Connect your MetaMask to the wrong site?💥 Your entire portfolio could vanish in seconds.
Solution:
✅ Use tools like Revoke.cash to manage approvals✅ Double-check URLs before connecting✅ Never approve access to unknown smart contracts

🔐 Best Practices for Wallet Security in 2025
Here’s your 2025 wallet safety checklist 🧾✅🔐 Use a hardware wallet for large funds🧠 Memorize + safely store your seed phrase📲 2FA everything — from emails to wallet logins🌍 Use VPNs to avoid IP leaks during trades🛡️ Stay updated on the latest scams + exploits🤝 Consider multi-sig wallets for team funds or inheritance planning
🚀 Pro Tip: Smart Security = Smart Gains
The safest investors in 2025?They’re not just good at picking coins… they’re good at defense.In the crypto world, you are your own bank. 🏦If you lose your keys, there's no customer service to call.Security is not optional — it’s your greatest alpha.

🧠 Final Thoughts
Crypto wallet security isn’t just about tools — it’s about habits.Most hacks happen because of simple mistakes — not advanced tech.In 2025, your best investment might not be a token — but a solid security routine. 🔁
💬 Got your own wallet security tip or horror story? Drop it below 👇
Let’s help the community learn — before it's too late. 💡
#CryptoSecurity #WalletTips #Ledger #SeedPhrase #CryptoScams

🚀 Big news in the crypto world! Mercuryo has rolled out Spend, a brand-new crypto debit card powered by Mastercard, now accessible via the Ledger Live app. 🌍💳

With Spend, Ledger users can instantly spend their digital assets like regular cash — all while keeping control of their funds through self-custody. No extra fees, no hassle. Just tap into your crypto and shop at over 150 million Mastercard-enabled merchants worldwide. 🛒💥

This is a major leap for over 7 million Ledger users looking to bridge the gap between crypto and everyday purchases.

#Ledger #Mercuryo #Mastercard #CryptoPayments

In a shocking turn of events, David Balland @Morveus , a co-founder of the French cryptocurrency firm Ledger, was kidnapped alongside his wife in central France. The incident, which unfolded on January 21, has raised concerns about the security risks faced by individuals associated with the rapidly growing crypto industry. Here's a detailed look at the events and their implications.
Key Highlights:
David Balland and Wife Abducted: The couple was kidnapped from their home and held captive at separate locations.Ransom Paid in Cryptocurrency: A portion of the ransom demanded by the kidnappers was paid in crypto, most of which was later traced and seized.Swift Police Action: Over 90 officers, including elite tactical units, were involved in the rescue operation.
Timeline of Events
The Kidnapping
On January 21, 2025, David Balland and his wife were forcibly taken from their home in central France. The kidnappers transported them to two separate locations, holding them captive. During the ordeal, the abductors demanded a ransom in cryptocurrency, leveraging the anonymity of digital assets to cover their tracks.
The Rescue
A high-stakes rescue operation commenced on January 22, involving more than 90 officers from France's GIGN tactical police unit. Mr. Balland was freed that day, while his wife was discovered uninjured in a vehicle on January 23. The swift response underscores the efficiency of French law enforcement in handling high-risk situations.
Injury and Aftermath
While Mr. Balland sustained injuries to one of his hands and required medical attention, his wife emerged physically unharmed. The psychological toll, however, remains immeasurable.
The Role of Cryptocurrency in the Incident
Cryptocurrency played a central role in the kidnapping, with the abductors demanding a ransom in digital assets. According to the Paris prosecutor, a portion of the ransom was paid, but most of it was successfully traced, frozen, and seized by authorities. This case highlights both the strengths and vulnerabilities of cryptocurrency, particularly its traceability and misuse in illicit activities.
CZ Binance Raises Concerns
The incident caught the attention of prominent figures in the cryptocurrency community, including Binance CEO Changpeng Zhao (CZ). CZ expressed his concern on social media, emphasizing the need for heightened security measures for individuals in the crypto space. His comments reflect the growing awareness within the industry about the physical risks faced by crypto entrepreneurs and investors.

In response to the incident, @cz_binance tweeted: "Thank God they are safe now. It must have been a horrible experience. Stay SAFU!" This message resonates with the crypto community’s ongoing efforts to ensure safety and security for its members.
The Risks of Flexing Crypto Gains
This incident serves as a grim reminder of the dangers associated with flaunting wealth, particularly in the volatile world of cryptocurrency. As the saying goes, "There are many psychos in this world." High-profile individuals should exercise caution and avoid publicizing their financial gains, as it can attract unwanted attention from malicious actors.
Who is David Balland?
David Balland co-founded Ledger in 2014, a pioneering company in the crypto space specializing in hardware wallets for secure storage of digital assets. However, Ledger clarified that Balland has not been associated with the company since 2021. Ledger’s current CEO, Pascal Gauthier, expressed relief over Balland’s rescue and reiterated the company’s commitment to safeguarding user assets and privacy.
Legal Implications
As of January 23, ten suspects, many of whom were already known to law enforcement, are being interrogated. If convicted, they face life imprisonment under French law. This serves as a stern warning to criminal elements targeting the crypto sector.
Lessons for the Crypto Community
This chilling incident underscores the need for heightened security measures for individuals and companies in the cryptocurrency space. Key takeaways include:
Physical Security: High-profile individuals in the crypto industry must prioritize personal and residential security.Crypto Ransom Risks: While cryptocurrency offers traceability, its misuse in criminal activities requires robust law enforcement capabilities.Community Vigilance: Awareness and education are essential to mitigate risks in this evolving landscape.
Conclusion
The kidnapping of David Balland and his wife serves as a stark reminder of the unique risks faced by those in the cryptocurrency industry. While the swift action of French authorities ensured a successful rescue, the event highlights the growing need for security measures in a rapidly digitizing world. As the crypto community reflects on this harrowing ordeal, the focus must remain on safeguarding both digital and physical assets.
Stay informed about the latest developments in cryptocurrency and security by subscribing to our newsletter. Share your thoughts on this incident in the comments below, and let us know how the crypto industry can enhance safety measures.
#DavidBalland #HardwareWallets #Bitcoin #ledger #cryptopatel $BTC $ETH $SOL

A cryptocurrency wallet type called a “cold storage wallet” is made to keep private keys offline, adding an extra degree of protection against viruses, hacking, and other security risks. To access and control cryptocurrency holdings, one needs private keys. Cold wallets increase the difficulty of hostile actors accessing your digital assets by holding them offline.
In this article, we will discuss the various types of cold storage wallets, along with their respective pros and cons.

1. Ledger Nano X-
Many people choose the Ledger Nano X cold hardware wallet for storing different cryptocurrencies, including Bitcoin, Ethereum, and other altcoins. It comes after the Nano S as the newest model in the Nano line.
A security-certified chip and a unique operating system on the Ledger Nano X provide enhanced security by preventing hackers and other potential risks from accessing your private keys. To protect your account, it uses a PIN code and a recovery phrase. With Nano X, you can manage your cryptocurrency holdings from any internet-enabled location by connecting it to your computer or mobile device via Bluetooth or a USB cord. The Nano X has a small display screen as well, which facilitates transaction confirmation and device navigation.
Additionally, Nano X makes it simple to store, send, and receive various cryptocurrencies by enabling the use of many cryptocurrency applications. It uses a 24-word recovery seed phrase that in the event that the device is misplaced, stolen, or breaks, will enable you to get your money back. All things considered, the Ledger Nano X cold storage wallet is one of the greatest hardware wallet choices available because of its strong security, adaptable use, and easy-to-use design.

2. Keepkey-
Another excellent option for a cold storage wallet is KeepKey. Unlike Ledger, which offers a variety of shiny models, KeepKey only offers one cold wallet device, but this one-dimensional approach to the product is quickly justified when you take into account that KeepKey is an all-in-one package with support for nearly all popular cryptocurrencies worldwide and its own standalone application.
To ensure your security, it has PIN protection and a 12-, 18-, or 24-word recovery phrase, depending on your preference. Additionally, it is the most transaction-friendly cold wallet available. Its programs let you conduct transactions, and its special interface lets you plan transactions ahead of time. KeepKey is the best option if you want to purchase a single cold storage wallet that takes care of everything.
3. Coldcard-
The goal of the Bitcoin hardware wallet ColdCard is to offer the best security possible for storing Bitcoin and Bitcoin alone. For those who are ardent supporters of Bitcoin and would rather hang onto their coins for extended periods of time, ColdCard is the ideal choice. With the newest ColdCard cold storage wallet, the ColdCard mark4, you can start storing your Bitcoin safely without ever using a computer. It makes use of the Bitcoin blockchain’s inherent PSBT (BIP174) algorithm.
It features an internal tamper-proof mechanism that erases the device’s memory if it detects an attempt to hack into it, along with a PIN code system. Because ColdCard can better meet Bitcoin’s unique criteria, its concentration on the cryptocurrency allows it to offer a high degree of security.
4. Bitbox02-
BitBox02, another cold storage wallet made and maintained by Shift, focuses only on how small it is and how well it works with the USB-C connector that it comes with. But this does not imply that the wallet’s other features are at risk. For instance, Shift has made the source code of their BitBox02 wallet publicly available as proof of their capacity to maintain security. Nobody has been able to complete this challenge to date, despite numerous attempts to crack it.
5. Trezor Model T-
A refined take on the original Trezor One wallet, the Trezor Model T is designed to be as intuitive as possible. With its color touchscreen display of 240 by 240 pixels, the Model T’s menus and settings are simple to use.
The Model T is compatible with a variety of devices, including desktops, laptops, smartphones, tablets, and mobile devices that connect to it by USB or Bluetooth.
More than 1,000 cryptocurrencies are supported by the Trezor Model T, including various altcoins and ERC-20 tokens in addition to all of the major cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Ripple.
Even for those who are unfamiliar with hardware wallets, the Model T boasts an intuitive user interface. If you have never used cold storage before, the Trezor Model T is an excellent place to start.

#Ledger #Keepkey #Bitbox #Trezor #Coldwallet

Trezor's Safe devices are vulnerable, a Ledger team has discovered a vulnerability in Trezor's Safe 3 and Safe 5 devices, according to a report published March 12 on

Site X. Ledger's research team, known as Donjon, discovered a flaw in the microcontroller of Trezor's Safe 3 and Safe 5 models; #Ledger found that despite Trezor's recent security improvements, cryptographic operations could be performed on the microcontroller.
You may know that @Ledger has a dedicated team, @DonjonLedger, that continually conducts open source security research.
@Ledger has a dedicated team, @DonjonLedger, that continually conducts open source security research.
BREAK Ledger Chief Technology Officer (CTO) Charles Guillemette said: We believe that making the ecosystem more secure will help everyone, and that's important as we look to increase adoption of #cryptocurrencies and #digital assets.
#Trezor has already implemented Secure Elements (SE). Secure Elements are chips designed to protect users' PINs and cryptographic secrets, and early Trezor devices could be hacked by modifying the software, allowing attackers to steal users' funds. effectively prevents low-cost hardware attacks, particularly voltage failures, and protects users' funds if the device is lost or stolen;
Trezor confirmed to X that users' funds are safe and no action needs to be taken. However, when asked if the issue could be resolved with a firmware update, the hardware wallet provider said
Read us at: Compass Investments
#FinTechInnovations

The story of rapper Sila is not only a story about crime, trap and a difficult fate, but also about how a person associated with illegal activities can influence big changes in the music industry. His work and life, despite the scandals, left a noticeable mark on Russian rap, and perhaps his experience can be correlated with the same explosive and risky movement in the financial world as cryptocurrency.

According to Cipollone, more than 60% of banks in the European Union are studying and experimenting with distributed ledger technology (DLT) and another 22% are already using it. However, while DLT makes it possible to achieve financial integration, it does not guarantee it, Cipollone said at a symposium organized by the German central bank. On the contrary.

Non-interoperable technology ecosystems in each country, shaped by different national regulatory regimes, create isolated pools of asset liquidity, further increasing fragmentation; DLTs are currently used mainly for asset #issuance , but expanding their use to negotiation, settlement and storage on a single platform This would reduce costs and enable 24/7 operations. It is not only investors who will benefit from the increased use of DLTs:
Our primary goal in this changing landscape is to ensure that central bank funds, the safest and most liquid settlement asset, remain the cornerstone of stability in the tokenized DLT-backed capital market.
A single #ledger is one in which cash and assets are held on a single platform. The concept has been endorsed by the Bank for International Settlements and central banks and has attracted the attention of many organizations, including SWIFT and JPMorgan. However, it may not be a panacea.
While European e-books will promote financial stability and integration, they also risk stifling innovation, especially in narrow application areas. For traditional finance, Cipollone says, it is better to utilize the flexibility offered by competing DLT platforms.
Read us at: Compass Investments
#TrendingTopic #TokenEconomy #MarketInsights