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Ledger faces backlash for charging fees on ‘free’ security upgrade

Ledger fine print revealed that the “free” service would cost $10 per transaction or 0.05% of the amount transferred, on top of gas costs.

Tangem wallet brute force vulnerability revealed by rival Ledger

The security flaw allows hackers to brute force the PIN code of Tangem cold wallet cards by cutting off their source of power.

The letter claims to be from Ledger’s security team and asks users to give their recovery phrase in response to a “critical security update.”

Demand for private security among crypto professionals has reportedly “grown considerably” following the kidnapping of Ledger’s CEO.

David Balland, the Ledger co-founder who was reportedly held hostage for a large crypto ransom, was released by kidnappers on Wednesday.