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   474

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.

Ledger Live to Receive New Update

Main new feature of version 1.9.1 is different language support, including Russian and Chinese
27 May 2019   286

The French manufacturer of hardware crypto wallets Ledger announced the release of a new version of its desktop application Ledger Live.

In Ledger Live 1.9.1, the following interface languages have become available to users: Russian, French, Spanish, Korean, Chinese, and Japanese.

To gain access to updated capabilities, users need to go to the Settings> Experimental Features tab.

The first release of Ledger Live took place last July. The application provides access to a single interface for managing Ledger devices using Mac OS, Windows, Linux, iOS and Android and eliminates the need to switch between different applications to work, for example, with BTC, ETH, XRP, etc.

Earlier this month, Ledger began shipping its wallets to the Nano X, after it solved the problems that had impeded their production.