Category: Ledger

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CeFi Crypto News Crypto Wallets DeFi Ledger

Ledger Partners with Alkemi to Enable DeFi Lending to its 1.5 Million Users

Alkemi Network, a crypto lending platform that combines centralised finance (CeFi) with decentralised finance (DeFi), has announced a partnership with hardware wallet maker Ledger.

The integration with Alkemi Earn means that Ledger’s 1.5 million users will be able to earn yields with their ETH, wBTC (wrapped Bitcoin), or USDC directly on their wallets’ interfaces:

Bridging CeFi with DeFi

Since launching in April 2021, Alkemi Network claims it has received over US$50 million in gross deposits, and the integration with Ledger is expected to boost those numbers significantly.

Alkemi Network’s co-founder, Brandon Mahoney, highlighted the importance of allowing users to keep full control of their assets, adding that this integration differed from other products in the market.

‘Not your keys, not your coins’, as the saying goes. With this native integration into Ledger Live, Alkemi Earn unlocks a protocol-powered cash management experience for Ledger’s community. This is what bridging CeFi to DeFi is all about.

Brandon Mahoney, co-founder, Alkemi Network

Ledger Holding Firm Despite Market Downturn

Despite a bleeding crypto market, Ledger continues to work on behalf of the community. Last month, it launched an NFT-focused wallet to allow users to securely store their NFTs and install up to 100 apps.

In December last year, Ledger launched the Crypto Life card, a debit card that allows users to spend crypto on goods and services or use it as collateral for cash purposes.

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Crypto Hardware Wallets Crypto News DeFi Ledger NFTs

Ledger Launches NFT-Focused Hardware Wallet ‘Nano S Plus’

A new hardware wallet released by Ledger this week promises to let people securely explore more of Web3 by offering management tools for NFT collections and space to install up to 100 apps.  

The Nano S Plus improves on the popular Nano S – released five years ago – by adding a larger screen that makes it easier to make transactions as well as more memory, enabling the installation of up to 100 apps to manage over 5,500 digital assets:

Ledger flagged its intention to become a gateway for the broader digital asset ecosystem in June last year when it announced a US$380 million fundraising round. 

A Secure Wallet Designed to be DeFi and NFT-Friendly

Ledger said the new wallet provides offline security for investors’ crypto as well as the convenience to securely manage a range of other digital assets. 

By pairing the wallet with Ledger’s digital asset management app, Ledger Live, users can display and manage their NFTs with their private keys, including securely sending and signing NFT transactions. 

The Ledger Nano S Plus is a Nano S on steroids. It provides you with more space to freely enjoy the ever-expanding world of DeFi and NFTs. We keep improving our world-leading hardware devices to allow you to securely explore the Web3 ecosystem.

Pascal Gauthier, Ledger chairman and CEO

Nano S Plus is compatible with Desktop and Android Mobile with a USB cable, has a 128 x 64 pixel screen, a storage size of 1.5MB, and costs A$129. 

Ledger has sold more than 3 million Nano S devices around the world. All signs point to Nano S Plus being in strong demand too – a limited-edition release of the wallet in March sold out 10,000 units in one day.

This is despite issues that call into question Ledger’s security, such as data breaches in June last year that resulted in sophisticated fake hardware wallets being sent to exposed customers’ addresses.