Ledger and Treasure – Rivalry between hardware wallet manufacturers

Messages about Bitcoin on Twitter reach record levels

Exceeding the $ 10,000 level has catapulted Bitcoin (BTC) back into mainstream discussions, causing record levels of messages on Twitter.

Statistics released by Bitinfocharts reveal that Bitcoin mentions on Twitter have reached record highs for the past two years. On February 2, the number of these brines reached 75,000, the highest level since the beginning of 2018.

Google searches also increased this month. In the last week, users searched for the term “Bitcoin” more than at any time since August last year.

The BTC managed to stay above $ 10,000 on Tuesday, prompting many analysts to claim that we entered a bull market.

Binance adds support for another 15 fiat currencies through the Simplex payment processor

The Binance exchange added support for another 15 fiat currencies by integrating it with the Israeli fiat Simplex payment processor.

The new integration offers gateways for currencies such as the Swiss franc, the Korean won and the Australian dollar, as well as the Polish zloty and the South African row.

Simplex first partnered with Binance in January 2019, allowing users to purchase cryptocurrencies with credit and debit cards. Initially, it provided support for the euro, US and Canadian dollars and the Japanese yen.

Simplex charges a 3% fee – plus a flat rate of $ 10 for any purchase under $ 200. However, commissions are lower than those charged directly by banks or card providers.

Galaxy Digital reduces its number of employees by 15%

Crypto investment bank Galaxy Digital has fired 15% of the global workforce. The company run by Michael Novogratz had difficulties in generating profits last year. CoinDesk reported that reducing the number of employees was part of the “standard year-end activity”.

13 people were fired, so Galaxy Digital now has a total of 80 employees. The company is listed on the stock exchange, and the value of the shares has increased by 27% since the beginning of the year.

Ledger and Treasure, again in conflict

The rivalry between manufacturers of crypto Ledger and Trezor hardware wallets has been re-launched.
In a blog post, Ledger compared chips used by wallet makers, claiming that those used by Treasury are vulnerable.

SatoshiLabs co-founder and CEO Marek “Slush” Palatinus accused Ledger on Twitter that comparison is “dishonest” and does not say “the whole story.”

Ledger Posting has compared three types of internal chips common to hardware wallets: Microcontroller Units (MCUs), Safe Memory chips and Secure Elements own chips.

They argued that the MCUs found in Trezor wallets are intended for general devices, such as microwaves and TV remotes. They would not have built-in countermeasures against physical security attacks.

Treasury claims the posting is dishonest because the chips used by Ledger are produced under a confidentiality agreement. This means that the manufacturer has no possibility to detect any vulnerabilities.

Last March, Ledger published a similar post that outlined Treasury vulnerabilities.