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Hardware purses Ledger added support for cryptocurrency Monero (XMR)



The manufacturer of hardware cryptographic products company Ledger has announced an update to support the anonymous cryptocurrency Monero (XMR) for its device Ledger Nano S. Now their devices models Ledger Nano S are compatible with the application Monero GUI version 0.13.

“We are pleased to welcome one more of the top ten cryptocurrencies on the Ledger platform, ” said Eric Larshvek, CEO of Ledger. With the latest expansion, Ledger devices now cover 90% of the total capitalization of the cryptocurrency market. We will continue to implement support for new cryptocurrency assets in the future, both through our own developments and within the framework of Crypto Tuesdays, the monthly release of applications created by our great community. ”

Ledger Nano S users can already install the application to work with Monero through Ledger Live. At the end of October, Ledger’s intention to expand support for the steellcoins in their devices became known.

In the framework of “Crypto Tuesday” at the beginning of this month, Ledger devices received support:

  • Lisk ,
  • Musicoin
  • Factom,
  • MIX Blockchain,
  • Gamecredits
  • EtherGem.

Like its competitors, Ledger focuses on adding as many popular cryptocurrencies as possible, while storage security is becoming an even more important factor for investors.

Earlier this week, Ledger announced the company's launch in New York as a development project for the institutional repository Ledger Vault. Ledger, who opened a preliminary access to the Ledger Vault in May, appointed former top manager of the Intercontinental Exchange (ICE) Demetrios Skalkotos (Demetrios Skalkotos) as the head of this project.

“New York is the center of the financial world, so Ledger Vault’s natural product operation is a natural desire ,” said Ledger head Pascal Gauthier.

As the trend towards serving institutional investors in cryptoindustrial is evolving, Ledger joined non-cryptocurrency operators such as ICE, setting the stage for growing demand from corporate clients.

As we already wrote, the speech of the US Securities and Exchange Commission Chairman (SEC) Jay Clayton at the CoinDesk Consensus: Invest conference was an important event for the entire cryptocurrency community. Three experts decided to clarify the key points presented by the head of the financial regulator and determine what was hidden between the lines of Clayton's statements.