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Crypto firms put IPO plans on ice as listed companies tank

Crypto wallet firm Ledger has joined Kraken in pausing its IPO offering due to unfavourable market conditions.

Ledger confirms customer data leaked in third-party Global-e breach

Global-e hasn’t said how many users have been affected but Ledger says the incident “remains separate to the operations of any Ledger device.”

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.

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.”