GET 10% OFF ON YOUR FIRST ORDER. FOR A LIMITED TIME ONLY. Use code: WELCOME on checkout
Press Release

CoinsDo Assures Safety and Security of CoinWallet Amidst Ledger Module Incident

CoinsDo, a leading player in the cryptocurrency wallet and blockchain services sector, wishes to address concerns arising from recent news about the Ledger module, as reported by Yu Xian of SlowMist. On the evening of the 14th, it was reported that the Ledger module had been hijacked and tampered with in the supply chain, potentially affecting numerous DApps that rely on the affected Ledger Connect Kit. CoinsDo understands the gravity of this situation and the concerns our users may have regarding the security and integrity of their digital assets. We want to assure our users and partners that our CoinWallet and plug-in versions remain secure and untouched by this incident. CoinWallet’s infrastructure is not built using the Ledger module, and therefore, our systems have not been compromised in this security breach. CoinWallet’s technology is distinct and independent from the Ledger module. Our MPC-powered wallet was developed in-house, with an emphasis on robustness and resilience against external threats. Furthermore, we actively monitor our systems for any unusual activity and are committed to providing timely updates. Our security team is vigilant and equipped to handle emerging threats, ensuring the safety of our users’ assets. While CoinWallet’s services remain secure, we urge our users to exercise caution, especially when interacting with DApps. We recommend verifying the security of DApps before conducting any transactions. CoinWallet stands with the broader crypto community during these challenging times. We remain dedicated to providing a secure and reliable crypto wallet for our users. Our commitment to security and trust is unwavering, and we will continue to uphold the highest standards in protecting our users’ assets. About CoinsDo: CoinsDo is a Singaporean company at the forefront of non-custodial digital asset management solutions. With a focus on security and scalability, CoinsDo provides the infrastructure that companies and individuals alike require to enter and thrive in the web3 space. Media Contact: Weh Ming Business Development Manager, CoinsDo [email protected] Useful Links: Website: https://coinsdo.com X (Twitter): https://x.com/CoinsDogroup LinkedIn: https://www.linkedin.com/company/coinsdo/

Disclaimer: This is a paid press release! Chain.Buzz does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Chain.Buzz is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Latest Press

post-thumbnail
News
1 hour ago
Get Wealthy by Election Day: Top 5 Altcoins to Invest in Right Now
The post Get Wealthy by Election Day: Top 5 Altcoins to Invest in Right Now appeared first on Coinpe...
READ MORE
post-thumbnail
News
1 hour ago
MANTA and Raboo Fuel Market Excitement As Shiba Inu Falls Behind With Lacklustre Performance
The post MANTA and Raboo Fuel Market Excitement As Shiba Inu Falls Behind With Lacklustre Performanc...
READ MORE
post-thumbnail
News
1 hour ago
Ethereum Price Stays Quiet Amid $107 Million Net Inflow And Rising Bitcoin Volatility: What’s Next For ETH Price?
The post Ethereum Price Stays Quiet Amid $107 Million Net Inflow And Rising Bitcoin Volatility: What...
READ MORE
post-thumbnail
News
1 hour ago
Russia’s Crypto Approval: The Start of a Global Financial Shake-Up?
The post Russia’s Crypto Approval: The Start of a Global Financial Shake-Up? appeared first on Coi...
READ MORE
post-thumbnail
News
1 hour ago
Franklin Templeton Endorses Solana, Sparks Solana ETF Speculations!
The post Franklin Templeton Endorses Solana, Sparks Solana ETF Speculations! appeared first on Coinp...
READ MORE
post-thumbnail
News
1 hour ago
This is Why Crypto Bull Run is Imminent in 2024; Here’s How You Prepare For It
The post This is Why Crypto Bull Run is Imminent in 2024; Here’s How You Prepare For It appeared f...
READ MORE
post-thumbnail
News
1 hour ago
Essential Cryptos to Buy for Best Profits in August
The post Essential Cryptos to Buy for Best Profits in August appeared first on Coinpedia Fintech New...
READ MORE
post-thumbnail
News
1 hour ago
Top Altcoins to Lock In Before Ethereum ETF Launch
The post Top Altcoins to Lock In Before Ethereum ETF Launch appeared first on Coinpedia Fintech News...
READ MORE
post-thumbnail
News
1 hour ago
Best New Cryptocurrency for Instant 25x Profits in July 2024
The post Best New Cryptocurrency for Instant 25x Profits in July 2024 appeared first on Coinpedia Fi...
READ MORE
post-thumbnail
News
1 hour ago
JD Taps into Hong Kong’s Digital Asset Hub with New Stablecoin
The post JD Taps into Hong Kong’s Digital Asset Hub with New Stablecoin appeared first on Coinpedi...
READ MORE

Publish an article now

Unlock the power of media for instant visibility to the target audience, major SEO boost, greater website traffic and conversion rates.

click here to get started