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Crypto hacks surge, fueling record demand for offline wallets like Ledger
Rising crypto thefts are driving investors toward hardware wallets that keep digital assets offline, the Financial Times reported Sunday. Ledger, a Paris-based maker of cold-storage devices resembling USB sticks, says 2025 is shaping up to be its strongest year ever. Chief executive Pascal Gauthier told the FT that revenues have reached the “hundreds of millions,” adding that cyberattacks on financial and crypto accounts are growing more frequent and are unlikely to slow down. Blockchain analytics firm Chainalysis estimates that about $2.2 billion in crypto has been stolen so far this year, already surpassing ... (full story)
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