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Ledger faces backlash for charging fees on 'free' security upgrade

Yesterday, hardware wallet manufacturer Ledger announced support for “clear signing” on its devices for multisig users. The move was initially praised as an important step to protect against attacks reliant on “blind signing” such as February’s $1.5 billion ByBit hack. However, the fine print revealed that the “free” service would actually cost $10 per transaction or 0.05% of the amount transferred, on top of gas costs. “Ledger Multisig is free.” it’s clearly not free? https://t.co/7SgHjCfY9L pic.twitter.com/LDxNEKjFBn — SS (@sshxbt) October 24, 2025 Read more: Crypto exchange Bybit hacked for over $1.4 billion Why ‘clear signing’? Multisig wallets are seen as highly secure; they require a specified threshold of signers to approve transactions. For this reason they’re used to hold vast quantities of funds across the decentralized finance (DeFi) sector. Safe{Wallet}, the most well-known multisig, claims that over $60 billion wort...

SWIFT Partners With 30 Banks To Build Blockchain-based Ledger Payments

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Leading payment messaging system SWIFT has partnered with over 30 banks to provide blockchain-based ledger payments. SWIFT announced the latest development on Monday during the Sibos conference in Frankfurt. The initiative aims to expand and leverage blockchain technology to deliver real-time, secure, 24/7 cross-border transactions. The payment messaging service confirmed that the development is in its early stages. They revealed that they are starting with a conceptual prototype by Consensys and will advance from thereon. The ongoing development is titled SWIFT phase one, and the next round of blockchain development will begin after the first phase is complete. Also Read: US Treasury’s Gold Reserves Have Surpassed $1 Trillion in Value “SWIFT will work at pace to complete the prototype in phase one and define its future phases of work,” the blockchain-based ledger announcement notes. The payment firm confirmed that organizations from over 16 countries will provide feedback and support...

Ledger Live brings crypto swaps to users via MoonPay partnership

Ledger and MoonPay have expanded their partnership to offer crypto swaps and buy via Ledger Live. The companies will also offer a custom Nano X for MoonPay. Ledger will offer access to instant crypto purchases to its Ledger Live users in its latest partnership with crypto payments firm MoonPay. The development is part of MoonPay’s expanded collaboration with the hardware wallet maker, according to details shared in a news release on Monday. Easy crypto swapping via Ledger Live MoonPay said in an announcement that the platform will become a Ledger feature partner, enabling the instant purchase of crypto. The partnership also brings MoonPay Swap and MoonPay Sell to Ledger Live, providing for crypto swaps and sell, with crypto-fiat transfers.  Coins that users can swap include Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) among others. Other milestones for the two companies will be the release of a custom Nano X for MoonPay. The limited-edition r...