- Ledger grabbed headlines in the last two weeks over its Recover service.
- Bitfold Co-Founder Jakub Żurawiński spoke to DailyCoin about what businesses could learn from the debacle.
- Żurawiński believes Ledger could have handled the situation better.
The essence of cold wallet storage is to offer customers the ability to store crypto assets without trusting a third party.
This is according to Jakub Żurawiński, co-founder of Bitfold. The Polish crypto hardware wallet company claims to produce the world’s first “standalone private vault for digital assets and identity.
In an email interview with DailyCoin, Żurawiński spoke about the recent controversy surrounding the Ledger Recover Service. Ledger grabbed headlines over the last two weeks for introducing the new feature that could extract user key phrases from their hardware wallet for safekeeping by three different firms, including…