Ledger to Delay Nano X Supply

As an apology for the incident, Ledger will add the Nano S wallet to customers' orders that ordered Nano X before today's notice
22 March 2019   330

Ledger reported that customers who ordered its new device model Nano X, will have to wait longer than the previously announced period.

Due to unexpected production issues that surfaced at the last moment, we are sorry to let you know that our Ledger Nano X units will not be shipped this week as expected. We are doing everything we can to get our Nano X units shipped as soon as possible, but as of today, we are delayed by at least one month and possibly more. We will keep you updated as we learn more
 

Ledger Team

Until today on the order page Ledger Nano X it was reported that the first owners will receive new devices in early April. According to the updated information on the same page, it will not happen until the end of May.

The company explains that it received parts that were to be used to assemble the first batch of wallets, but was forced to reject them, as they did not meet its quality standards. This in turn led to a violation of the terms.

As an apology for the incident, Ledger will add the Nano S wallet to customers' orders that ordered Nano X before today's notice. Additional wallet is proposed to be used as a backup for the main device.

At the beginning of the month, a bug was detected, due to which the Monero application on the Nano S wallets did not work correctly, which in some cases could lead to a loss of cryptocurrency.

Ledger May Lay Off 10% Staff

Currently, the total staff of the company is 200 people, so 20 people can lose their jobs
12 April 2019   298

Ledger hardware cryptocurrency wallets manufacturer is considering reducing 20 employees. It is reported by CCN with reference to the French edition of Presse Citron.

Currently, the total staff of the company is 200 people. Thus, the state can be reduced by 10%.

In 2017 Ledger’s monthly income from sales was about 10 million euros. The company’s website states that over 1.4 million Nano S devices have been sold so far, which makes Ledger the world leader in its market niche. The price of hardware wallets, depending on the model, is in the range of $ 60-270.

However, despite some deterioration in financial position, Ledger does not stop there, creating new products and services. So, in March, the company announced the launch of the Ledger Vault custodial service, which allows you to manage multi-signature wallets, as well as securely and efficiently store digital assets, including ERC-20 bitcoin and tokens.

In January, the French company introduced the Ledger Nano X - an improved version of the Ledger Nano S, with an enlarged screen, more storage space and Bluetooth support.