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HomeNFTLedger releases advance version of crypto hardware wallet

Ledger releases advance version of crypto hardware wallet

Ledger has released the next version of its crypto hardware wallet, the Ledger Nano S Plus, which prioritises the needs of NFT collectors, among other features.

According to the statement made on April 5, the new hardware wallet supports clear signing through the company’s web interface to ensure the safety of NFT collectors while signing transactions. Clear signing is part of a rising trend among hardware and software wallet makers to ensure that users understand the nature of the transactions they are carrying out.

According to Ian Rogers, chief experience officer at Ledger, the clear signing feature will assist collectors avoid falling victim to NFT frauds.

Apart from being an NFT-focused wallet, the Ledger Nano S has a 1.5 megabyte storage capacity and can host up to 100 applications. In March, the firm sold 10,000 wallets in three days as part of a limited-edition offering.

In response to wallet owners’ security concerns, Rodgers stated that Ledger remained a safe solution to protect digital assets against theft. “As long as you don’t divulge your 24 words or pin with anyone, you’re providing yourself the greatest prevention possible with a Ledger.”

In the past, Ledger has been the target of many data breaches, with user information stolen from the company. Trezor, another hardware wallet company, recently had its customers targeted in a phishing attack linked to the MailChimp data breach.

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Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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