Ledger Launches $899 Security Device After $90 Million Heist

Published 6h ago · Latest report 2h ago · Product launch

Covered in 2 countries

AI summary34s readNegative

Ledger introduces an $899 secure device following a massive $90 million crypto theft.

Cryptocurrency hardware maker Ledger released an $899 smartphone-like device designed for secure tasks. The launch follows a sophisticated $90 million cyber theft involving hidden password readers inside USB tools. The new product aims to protect individuals and businesses from similar attacks.

The device costThe new hardware tool is priced at $899.
The attack methodCriminals stole funds by concealing password readers within USB-like devices.
Company assessmentLedger described the security breach as one of the most advanced attacks in the industry.

Why it matters

Cryptocurrency hardware wallets are widely considered safer than software alternatives, but high-profile thefts continue to test consumer trust. Companies are racing to develop specialized tools that isolate sensitive transactions from everyday devices.

By the numbers2

$899device price

$90Mcrypto theft total

How outlets cover it

What outlets agree on

Ledger has unveiled an $899 smartphone-like security device in the wake of a $90 million cryptocurrency theft executed via compromised USB tools.

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