Ledger Mobile App to be Available

Ledger Live app allows transactions to be performed via Bluetooth using a Ledger Nano X 
29 January 2019   377

Ledger announced the release of mobile applications for iOS and Android devices. This is reproted in official company's Twitter account.

French company says that using the Ledger Live application, users of Ledger Nano S and Ledger Blue have the opportunity to view their balances by scanning the QR code available in the desktop version of the product.

Currently, the application is in consultation mode, but it allows transactions to be performed wirelessly (via Bluetooth) using a Ledger Nano X device. In the future, Ledger Nano S users will also be able to carry out transactions via an OTG cable. This feature, as noted, will only be available for Android smartphones.

It is also planned to expand these functions to the desktop application.

Ledger Live mobile apps are compatible with devices on iOS 9+ or Android Lollipop (5) and above.

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   288

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.