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The crypto industry has its first federally chartered bank: Anchorage.

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The line of sight on U.S. inflation is anything but clear after the Labor Department reports the CPI’s smallest yearly gain since 2015. So what does it mean for bitcoin?

Ledger, the crypto wallet firm, has put up a bitcoin bounty worth approximately $350,000 for information on the attackers behind a series of data leaks.

The company has published a detailed blog post laying out the recent history of leaks and phishing attacks that have compromised the personal information of hundreds of thousands of its customers in recent months.

The situation began in last summer with a breach of Ledger’s e-commerce and marketing database, with the most recent incident coming in December, when Ledger was informed by Shopify that a “rogue member” of the e-commerce giant’s support team had obtained customer transactional records relating to Ledger and other firms.

Since the summer, the number of phishing attacks against its customers has spiked.

In response, Ledger has taken a series of steps including filling a wallet with 10 BTC which it will reward to anyone who can provide information that leads to the identification, arrest and successful prosecution of the cyber-criminals. The company is also hoping to persuade others in the crypto industry to contribute to the initiative.

Ledger is also hiring additional private investigators and making changes to the way it handles information, which includes the launch of a new technical solution that will pave the way for funds insurance for individual customers.

“We are all here for the same reason: we are long-time believers in the value and future of cryptocurrency and digital assets,” said Ledger in a statement, adding:

“We at Ledger have learned very important lessons and will continue to work hard to ensure your trust is well-placed in us. We are humbled. We are becoming stronger and more resilient as a result.” 

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Durante el año 2020, Colombia experimentó un gran incremento del uso de criptomonedas como reserva de valor y con fines transaccionales.

In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction.

“Money might be controlled by a handful of elites,” the departing bank regulator said at a Wednesday event. “Crypto is about freedom.”

Quick Take

• The amount of money stolen via DeFi hacks has increased significantly in the past few months, and many of the attacks exploited price oracles.
• How to set up a secure and trustworthy price oracle remains a subject of healthy debate.

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