Ledger wallets sales rose sharply after the attack on Binance

The recent hacker attack on the Binance cryptocurrency exchange had a positive effect on sales of hardware wallets Ledger. This was stated by CEO Pascal Gautier during the Atomic Swap conference, reports The Block .

Thus, the corresponding figures doubled immediately after hacking .

According to Gauthier, the attack on Binance is a direct evidence of how young the technologies that ensure the safety of participants in the cryptocurrency market are still young.

“We at Ledger are convinced that the current level of security is not enough to protect cryptocurrency funds. We believe that this is an excellent technology, but it has one weakness – the security of finite elements and private keys, ”said Ledger CEO.

After hacking, the exchange has upgraded the security system, within which it will also add support for hardware wallets from YubiKey and other similar devices.

Recall that on the eve of the exchange resumed trading and partially opened the withdrawal of funds.

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