Grayscale Investments to Raise $250M

At the moment Grayscale Investments offers seven crypto-investment funds, the oldest and largest of which is the Bitcoin Investment Trust
19 July 2018   776

Investment company of Barry Silbert Grayscale Investments reported that in the first six months of this year, its clients invested $ 248.39 million in the company's crypto-currency products.

Grayscal Investment Twitter
Grayscal Investment Twitter

As stated in the report, this is a record amount for all previous six-month stretches of time since Grayscale Investments was founded in September 2013.

As the investment community knows, over the last six months, the digital asset market experienced one of the largest price drawdowns since the inception of Bitcoin in 2009. However, what is more interesting, and somewhat counterintuitive, is that the pace of investment into Grayscale products has accelerated to a level that we have not seen before. In fact, we raised nearly $250 million in new assets in the first half of this year, marking the strongest inflows of any six month period in the history of our business.
 

Grayscale Investment

At the moment Grayscale Investments offers seven crypto-investment funds, the oldest and largest of which is the Bitcoin Investment Trust. The second most popular is Ethereum Classic Investment Trust. Other funds are represented by such crypto-currencies as Zcash, Ethereum, Bitcoin Cash, Ripple and Litecoin. 

Ledger Team to Find Issue in New Nano S Software

Last update's security improvements have affected the amount of device memory
15 February 2019   114

Ledger hardware wallet developers stated that an unforeseen problem was found in software version 1.5.5 for the Nano S model. Improvements in the security context have affected the amount of device memory.

When planning for this update we didn’t anticipate the impact it would have on Ledger Nano S capacity. This was not planned obsolescence, simply put, we messed up. We apologize and we’re committed to making it right.
 

Ledger Team

The project team apologized for the incident and promised to fix the problem during the second quarter of 2019.

The project also announced the addition of Nano S support in the Ledger Live mobile app on Android.

Earlier, researchers at Wallet.fail discovered a number of vulnerabilities in the Trezor and Ledger hardware cryptocurrency wallets. As a result, they were able to conduct a series of successful attacks on wallets during the Chaos Communication Congress in Leipzig.