Ledger SAS

French crypto‑hardware wallet maker Ledger is introducing a smartphone‑style device aimed at enhancing security for crypto holders following a major theft of about $90 million from its products. The new device merges the convenience of a phone with the safety of a hardware wallet.

Ledger SAS, the French maker of hardware wallets for cryptocurrencies, appointed a new security chief to unify its technology and security functions in response to a wave of AI‑powered crypto hacks that have resulted in roughly $1.4 billion in losses worldwide.