Billionaire Kishu BLK | $300k MC | Staking platform & Nft marketplace Live✅ | Kyc audit with techrate | ⚡️ Next Moonshot x1000 | 🔒 LP locked for 77years | safest play on bsc | Dev based | Safest play on Bsc | Active Community | Active Telegram | Experienced Developers
„Several firms have this year filed spot bitcoin ETFs for listing on Nasdaq (NDAQ.O) or CBOE Global Markets , including BlackRock (BLK.N), the world's largest asset manager, Fidelity, WisdomTree (WT.N), VanEck, Bitwise and Invesco.“ All those firms filed for a Bitcoin ETF. That’s huge. I‘m pretty hyped for the next years.
These is the strategy by BLK, before the ETF approve. First make people scary so they sell… they buy on cheap price… controlling the majority of the market capital. When the SEC will approve.. the price will go to mars, because offer and demand.
>Financial institutions are becoming increasingly interested in crypto, fueling fresh speculation of a new bull-run. The recent spot bitcoin exchange-traded fund (ETF) filings (BTC-USD) by major fund managers, such as Fidelity (FNF) and BlackRock (BLK) have caused a paradigm shift in how digital assets are perceived by traditional finance incumbents. Added to this was BlackRock CEO Larry Fink's July interview with CNBC concerning the depreciation of the dollar, and how "an international crypto product can really transcend that". Yeah we need hopium like that and hopefully those big institution will bring big inflow of money to crypto.
Your post implied it's their money and now you think it's the investors' money. As in whoever owns BLK shares. Or at least you are terrible at communicating clearly. It's customers' money. They are not allocating shit unless customers buy the ETF. And everyone can buy the ETF on whatever broker they use. Robinhood and Ameritrade and Vanguard and whatever. So go ahead and expand your fantasy to random percentage of basically every dollar in any brokerage account.
tldr; Crypto Set To Outshine Global Currencies, BlackRock CEO Predicts - BlackRock (NYSE:BLK) BlackRock CEO Larry Fink believes that cryptocurrency will surpass international currencies due to its global demand. He referred to cryptocurrency as "digital gold" and emphasized Bitcoin's global allure. BlackRock is in the process of filing for the establishment of the U.S's first spot Bitcoin ETF. Traditional finance institutions, including BlackRock and Fidelity, have also expressed interest in entering the crypto market. Fink believes that cryptocurrency is a "global asset" with the potential to surpass any single current valuation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
BLK cares to create a Crypto ETF, not because they want to necessarily take direct advantage of Crypto price increases, but because they want to get more AUM under their umbrella. Crypto prices rising would just be a collateral effect.
"Banking giant Deutsche Bank said Tuesday that it had applied for a digital asset custody license in Germany. Crypto exchange EDX Markets, which received funding from financial heavyweights including Charles Schwab (SCHW), Citadel Securities and Fidelity Digital Assets, started offering trading with BTC and ether (ETH) on the same day. Last week, investment management giant BlackRock (BLK) surprised markets by filing for a spot BTC exchange-traded fund (ETF)." They all want to stick their fingers in the crypto pie. RIP to anyone who sold during last couple of weeks due to fud.
BLK has been in crypto for some time now and has been a promoter for some time. It’s not new but they are creating new funds for crypto specific investments. It definitely lends credibility to this type of asset when someone like BLK gets involved. Their top dog and founder, Larry Fink, has been interested in crypto all a long.
Correct. This is Blackrock finally capitulating to Bitcoin and Bitcoin demonstrating its dominance over Blackrock, not a hostile action by Blackrock. Several people here don’t seem to understand that Assets Under Management (AUM) are *debts* on their balance sheet owed to clients under strict regulatory restrictions. Almost all of that $10T in AUM Blackrock (BLK) has don’t belong to them! The market cap of BLK is only a little over $100b. Bitcoin’s is 5x that during a “Bitcoin winter” when BLK’s stock is doing well and not in a “winter”. Furthermore, that is BLK’s market cap. They actually only have $5.5b in liquid reserves/cash on their balance sheet. Conspiracy theorists who are smart theorize about plausible conspiracies that sometimes turn out to be true. Conspiracy theorists who are just mentally deficient think Blackrock “owns the world” and is in “cahoots” with the SEC. *Not even close to being accurate or possible.*
Blackrock doesn’t care about the direction of prices short term. They care about volume of assets. They want more NAV so they get more fees. They would prefer generally more money to flow into their managed assets. I don’t buy the conspiracy theories here. Follow the money. BLK makes money with more money in bitcoin with an ETF. Binance is going down, Coinbase is being sued. Blackrock smells an opportunity. Bitcoin can already be shorted in size on CME. A spot bitcoin ETF has to be arbed with physical more frequently than the CME futures, so it would be tied to the chain more directly than anything else. The amount of money potentially allocatable into an IBTC ETF is tremendous. Conventional asset allocators using even 1% is important.
>They have filed for a Bitcoin Fund and are probably buying the dip big time right now. They have alreqdy long been buying the dip [Aug 11 (Reuters) - BlackRock Inc (BLK.N), the world's biggest asset manager, has launched a spot bitcoin private trust for institutional clients in the United States, according to a blog post on its website.](https://www.reuters.com/technology/blackrock-launches-spot-bitcoin-private-trust-us-clients-2022-08-11/)
After a surprising twist in which the cryptocurrency community saw the world’s largest asset manager, BlackRock (NYSE: BLK), file for a spot Bitcoin (BTC) exchange-traded fund (ETF), the public has learned about its impressive record of ETF approvals. As it happens, BlackRock’s record of the United States Securities and Exchange Commission (SEC) approving its ETFs is 575-1, which Bloomberg’s senior ETF analyst Eric Balchunas says was “another reason this is so big, they don’t play around,” in a tweet published on June 16.
Post I just made in the daily: USD that was a $BLK share this morning, was converted into XLM in Robinhood and instantly transferred to Coinbase to sit on some limit orders incase we pull back more. Alternatively, I could have sent the USD to my bank, waited 3-5 business days. Meanwhile, give Plaid all of my usernames and passwords so Coinbase can know what stores I shop at. If my history is insufficient, I would have to wait 5-7 more days to wait for the funds to clear. 5 minutes vs 2 weeks.
Gotta love crypto. USD that was a $BLK share this morning, was converted into XLM in Robinhood and instantly transferred to Coinbase to sit on some limit orders incase we pull back more. Alternatively, I could have sent the USD to my bank, waited 3-5 business days. Meanwhile, give Plaid all of my usernames and passwords so Coinbase can know what stores I shop at. If my history is insufficient, I have to wait 5-7 more days to wait for the funds to clear. 5 minutes vs 2 weeks.
Paywall dodge: —— 'Why aren't you in jail already?' Internet erupts after Sam Bankman-Fried confirms participating in New York Times' DealBook -Barbara Kollmeyer “ “How did this dude steal billions of dollars and is now speaking at a summit as a free man? Make it make sense.” ” That was Twitter user @WSBChairman responding to a late Wednesday tweet by disgraced FTX founder Sam Bankman-Fried, who confirmed that he will participate in the New York Times’ DealBook Summit in November, where he will be interviewed by journalist Andrew Ross Sorkin. “Scam man. I lost everything because of you,” anotherTwitter user @Alexand56464660 replied to SBF. In a separate tweet, Sorkin said “nothing is off limits,” when it comes to interviewing SBF. “There are a lot of important questions to be asked and answered,” said the journalist. The furious responses triggered by tweets from both SBF and Sorkin — who also got suggestions on questions to ask — were just a taste of the boiling rage from the investment world that the former CEO who is accused of mismanaging billions of dollars would appear at the prestigious DealBook gathering of high level executives, business and cultural leaders. The 29-year old will be appearing alongside Larry Fink, chairman and CEO of BlackRock BLK, +0.33%, Reed Hastings, Netflix founder and CEO NFLX, -2.23%, Andy Jassy, Amazon.com’s AMZN, -0.59% president and CEO, Treasury Secretary Janet Yellen and Ukraine President Volodymyr Zelensky, to name a few. Galaxy Digital CEO Mike Novogratz is among those echoing that “why is he not in jail?” question, given his firm doesn’t expect to recover some $77 million in cash and digital assets it had in FTX when the whole enterprise fell apart. “I think his day will come,” he said Wednesday in an interview. SBF has been accused of treating FTX as a ‘personal fiefdom’, in addition to potentially sparking more fallout, with Binance CEO Changpeng Zhao saying telling Bloomberg on Thursday that he expects to see “a little bit of contagion.” Crypto trading firm Genesis has also been at the center of bankruptcy worries recently. But those hoping to come face to face with SBF may be out of luck as a spokesman for the New York Times told MarketWatch that he is expected to be “participating in the interview from the Bahamas.”
I guess neither do you. Assets under management, are very different than assets. Assets under management we would include all user deposits at Binance. Assets we just count Binances cash, crypto, properties etc That is a very important definition. [https://finance.yahoo.com/quote/BLK/balance-sheet/](https://finance.yahoo.com/quote/BLK/balance-sheet/) Blackrocks balance sheet is public. How do you not understand the difference between assets and AUM?
I don't know, you tell me? Assets under management, are very different than assets. Assets under management we would include all user deposits at Binance. Assets we just count Binances cash, crypto, properties etc That is a very important definition. [https://finance.yahoo.com/quote/BLK/balance-sheet/](https://finance.yahoo.com/quote/BLK/balance-sheet/) How do you not understand the difference between assets and AUM?
BLK. It was a quarter a piece at one point. Then a dollar. So you YOLO a bunch of money into it at a quarter again just to see it locked away in a terrible wallet and you can't do anything with it because the wallet was so terrible. Not t like squidgame but still terrible. And you watch its price crash from thousands and stay crashed to a penny and practically worthless.
tldr; Alphabet invested $1.56 billion in blockchain companies between September 2021 and June 2022 with four rounds, taking the lead among publicly listed firms investing in the sector, according to research published by Blockdata. During the period, Blackrock (NYSE: BLK), with three rounds, invested $3.17 billion, followed by Morgan Stanley (2 rounds) and Samsung (13 rounds). *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Interesting to see how much is being pumped into the sector. "Alphabet (NASDAQ: GOOGL) invested $1.56 billion in blockchain companies between September 2021 and June 2022 with four rounds, taking the lead among publicly listed firms investing in the sector, research published by Blockdata on August 11 indicates. During the period, Blackrock (NYSE: BLK), with three rounds, invested $1.17 billion, followed by banking giant Morgan Stanley (NYSE: MS) at $1.1 billion with two rounds. Elsewhere, electronic giant Samsung leads in the number of funding rounds at 13 with $979 million, while Goldman Sachs (NYSE: GS) occupies the fifth spot at $698 million. "
> The trust is available to U.S. institutional clients, the investment firm said on Thursday. BlackRock (ticker: BLK) didn’t disclose other details, including fees or minimum investment requirements. In other words, it's not available to normal investors
This means that BLK will let it’s clients accumulate BTC before they let it run up. I guess we all know that Blackrock, alongside Vanguard and State Street control and dictate the markets? So called manipulation in their favor, driven by algos and bots. After all they answer for 50% of corporate America. All the rest follows.
I'd guess BlackRock (entity behind circle) would be able to provide some liquidity in case it was needed since they have have few hundred million in various currencies and around 10B in USD according [to this website I found :p](https://www.macrotrends.net/stocks/charts/BLK/blackrock/cash-on-hand) they can keep their pet project alive oh right circle, let's take a look at their [April report](https://www.centre.io/hubfs/PDF/2022%20Circle%20Examination%20Report%20April%202022.pdf?hsLang=en) uhh can't find their total value of the assets they back usdc with but I suppose circle would be able to keep it backed 100% *grabs popcorn*
Blackrock, the most liberal and woke company on earth, has skin in USDC, are you telling me the U.S gov is going to ban crypto?, if BLK is out of the game then that’s your first warning, you realize the amount of $ there is in crypto even at these levels?, there’s always two sides to a trade, capitalism and greed man, crypto isn’t going anywhere Fidelity is allocating to retirement plans, only the coins with utility will survive this or future value, although market manipulation is cause for concern esp. when you have rumors that institutions are praying on inexperienced developers/ retail investors in the space but that’s why its decentralized , it’s suppose to be volatile, it’s suppose to be unforgiving, and most importantly unmerciful, TUSD was clearly not battle tested enough, all jokes aside, or if it was, it clearly was a flawed plan.
K, lets break this down: > “Goldman Sachs (GS) has offered its first bitcoin-backed loan in the latest sign that Wall Street is moving further into crypto. Bloomberg first reported on the news.” Bloomberg didn’t “report”….Goldman’s PR team reported TO Bloomberg. > “Goldman’s secured lending facility allowed a borrower to use bitcoin (BTC) as collateral for a cash loan.” Soooo…..like everyone else.…go on? > "We recently extended a secured lending facility where we lent fiat collateralized on BTC; BTC being owned by the borrower," a Goldman spokeswoman told CoinDesk in an email. "The interesting piece for us was the structure and the 24-7-365 day risk management." Think of this like listening to your child tell you about a science project. Just nod your head, smile, and pretend to be excited… > “Goldman, which has a dedicated digital assets team, traded its first over-the-counter bitcoin options to Galaxy Digital last month.” That’s sooo great,honey….I love your project! > “Goldman is following in the footsteps of other traditional finance giants moving further into crypto. Last month, Cowen launched a digital assets unit and BlackRock (BLK) participated in the $400 million funding round for USDC stablecoin creator Circle. Earlier Thursday, news broke that private equity investment behemoth Apollo Global Management had hired former JPMorgan (JPM) executive Christine Moy to serve as its first head of digital assets strategy.” > ooohhh my god honey! Your project is soo going to be the most amazing! Don’t get discouraged by what those other kids are doing. Just be proud of yourself!!! #AvoidtheCucks
PAYWALL OVERRIDE COPY AND PASTE: BlackRock Inc's (BLK.N) chief executive, Larry Fink, said on Thursday that the Russia-Ukraine war could end up accelerating digital currencies as a tool to settle international transactions, as the conflict upends the globalization drive of the last three decades. In a letter to the shareholders of the world's largest asset manager, Fink said the war will push countries to reassess currency dependencies, and that BlackRock was studying digital currencies and stablecoins due to increased client interest. "A global digital payment system, thoughtfully designed, can enhance the settlement of international transactions while reducing the risk of money laundering and corruption", he said. That appeared to strike a different tone from May of last year, when Fink raised some concerns around volatility and said it was too early to determine whether cryptocurrencies were just a speculative trading tool. read more In the letter on Thursday, the chairman and CEO of the $10 trillion asset manager said the Russia-Ukraine crisis had put an end to the globalization forces at work over the past 30 years. Access to global capital markets was a "privilege, not a right," he said, adding BlackRock had suspended the purchase of any Russian securities in its active index portfolios following Moscow's invasion of Ukraine. "Over the past few weeks, I’ve spoken to countless stakeholders, including our clients and employees, who are all looking to understand what could be done to prevent capital from being deployed to Russia. We believe this is the definition of our fiduciary duty," Fink said. BlackRock Inc's total client exposure to Russia had declined to less than $1 billion earlier this month from $18 billion before Moscow's invasion of Ukraine led to Western sanctions and the closure of the Russian stock market, according to figures supplied by the asset manager this month. read more Russia calls its actions in Ukraine a “special operation.” The conflict's impact on global supply chains - already hammered over the past two years because of the coronavirus crisis - is expected to contribute to inflationary pressures that are pushing global central banks to tighten monetary policies and reverse COVID-19-driven accommodative measures. "While companies’ and consumers’ balance sheets are strong today, giving them more of a cushion to weather these difficulties, a large-scale reorientation of supply chains will inherently be inflationary," said Fink. He said central banks were dealing with a dilemma they had not faced in decades, having to choose between living with high inflation or slowing economic activity to contain price pressures. Energy prices have jumped as sanctions on Moscow prompted companies and countries to reassess supply chains and to try to reduce dependence on Russian commodities. "Energy security has joined the energy transition as a top global priority," Fink said.
[Zero data backing it up](https://public.flourish.studio/visualisation/8229832/) and [more](https://coinmarketcap.com/historical/) zero historical data. Holding has made *plenty* people rich yes, how many you think lost money on countless coins/crypto projects? Also, you are the one spouting conjecture though? Cause you are the one obviously [cherry picking](https://en.wikipedia.org/wiki/Cherry_picking) ![gif](emote|emo_pack_1|dancing_wojak) Ask the people who held some MAID, BLK, ARK, XPM, FRC, NMC, OMNI, BTS, DASH, STEEM and some other shit few years ago.
Won't ever buy: Tether. Why? It's been a source of FUD for many years, the lack of transparency and backing continues to fuel this FUD and it does serious harm to crypto. No one should buy it. Ever. There are many great alternative stablecoins, no excuses. First crypto: Blackcoin (ok, really it's Bitcoin, but that's boring, BLK is the second).
tldr; BlackRock (BLK) has revealed major investments of $384 million through its ETFs in cryptocurrency mining companies. The $9 trillion multinational investment manager also has a 6.71% stake in Marathon Digital Holdings (MARA) and $176 million stake in Riot Blockchain (RIOT). BlackRock has also been exploring crypto futures. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Findings: >BBC-01 : Lack Of Input Validation BBC-02 : Variable Declare as `Immutable` BBD-01 : Centralization Risk BLC-01 : Lack Of Input Validation BLC-02 : Variable Declare as `Immutable` BLK-01 : Potential Edge Case in Claimable Amount BLK-02 : Centralization Risk BLK-03 : Lack Of Input Validation BSC-01 : Lack Of Input Validation BSC-02 : Variable Declare as `Immutable` BTC-01 : Delegation Should Move Along Fund Transfer BTC-02 : Lack of Check for Integer Overflow DBD-01 : Centralization Risk DBD-02 : Lack of Event Emission for Significant Transactions MDD-01 : Centralization Risk MTL-01 : Centralization Risk MTL-02 : Lack of Check for Integer Overflow MTL-03 : Unrestricted Privilege Function TCK-01 : Incorrect Reference URL In Comment TDC-01 : add() Function Not Restricted TDC-02 : Centralization Risk TDC-03 : Over Minted Token TDC-04 : Incompatibility With Deflationary Tokens TDC-05 : Lack of Event Emission for Significant Transactions TDC-06 : Misleading Result of Multiplier Calculation TDC-07 : Inconsistent Checks-effects-interactions Pattern TDC-08 : Potential Loss of Pool Rewards TFC-01 : Centralization Risk TFC-02 : Lack of Event Emission for Significant Transactions TFC-03 : Potential Sandwich Attack UVF-01 : Centralization Risk UVF-02 : Reusable Code UVF-03 : Lack of Event Emission for Significant Transactions UVP-01 : Lack of Input Validation I think I'll pass, no dogs for me
> attached external hd Use a computer with an internal HDD. Ideally, use a HDD to store the blocks files and a SSD to store the indexes. The indexes (especially the UTXO database) have high read/write I/O https://np.reddit.com/r/Bitcoin/comments/i5028m/improve_sync_speed/ If you have enough RAM, increase dbcache to 1.2GB less than your RAM - for 4GB of RAM, set dbcache to 2800; 8GB -> 6800. This allows the UTXO set to be stored and updated in RAM instead of disk I/O Blocks are written to the end of the currently open BLK file, and read frequently. A HDD is suitable, but not if it's connected externally. SSD is more expensive and slightly faster Make sure your disk isn't full When the initialization is complete, the node should run OK on an external HDD and with the default `dbcache=450`
WallStreetBets will ban posts mentioning certain ticker symbols now. I posted a picture of a 1oz Silver coin with the WSB symbol and rocket in fluoside that had $AMC $GME $BB $BBBY $BLK and the robot said they're weren't allowed! 🤣
I believe that PoS coins will skyrocket in the near future. With ETH moving to a PoS protocol, many other coins will benefit. My favorite one is Blackcoin, BLK, available on Bittrex, it’s one of the very first PoS being around since 2014, it’s still very cheap. I buy regularly, I’m staking on pi4, stakes nicely accumulate...
Hello All, Hopefully, someone can shed some light on this for me. Or possibly that this post will help someone else. I funded my Binance smart chain wallet with Bnb, then swapped that for BLK on pancake swap. 4 hours later the BLK was sent from my wallet to another wallet. This was not my doing. I hadn't manually added the asset to Binance smart chain wallet yet, but I still don't think that someone should have been able to transfer the tokens out of my wallet. I've looked at the wallet address that my tokens were transferred to on BSCscan and over the course of a week it seems many tokens were transferred to this wallet from lots of different addresses then transferred back to pancake swap, then Bnb being transferred back to this wallet. The wallet address is 0x4e198EF69962D997801B3a09af6295f0cEab4bC9 Did this happen because I didn't manually add the asset to my wallet? or is there nothing I could have done to stop this?
Sorry to hit you up so much. You mentioned BLK. Blink or BlackCoin? I looked at Blackcoin it looks like it might moon soon. It's also around .10. Is there something I should know about it? I'd still buy DGB and let it hit that ATH again, but I'm interested in BLK now...
Some notes after doing my own DD: MC for blink is in the 30M range. Wink is in the 400M range (there is some funny business with WINKs numbers - they include a ton of coins as "circulating" that probably shouldn't be IMO). The thing I can't quite figure out is what "should" the MC be for each. These platforms do apparently generate revenue - wink does like 100M usd in volume per month, per dappradar (I don't *think* those numbers can be cooked or manipulated, but maybe I'm wrong?). And that probably translates to over 1M a month in profit. The question is, can wink/blink ramp that up to 10x those numbers? I'm not sure. The UX is pretty bad at the moment - you need to pay gas and sign the transaction every time you spin a slot wheel, which is very obtrusive. The plus side is that you as a user keep total custody of all your funds while you play. I think if they can solve those kinds of sticky issues they can become a force as an online gaming platform. And I think BLK is the play, giver that BSC is like 7 times the MC of TRON, and has a community that is already very degen/gambling/shitcoin moonshot heavy. One potential issue with BLK is that 50% of blinks rewards go to wink holders. So wink holders get ALL of WINKs rewards, plus half of BLINKs. And blink holders just get 50% of their own rewards. If both platforms generated equal revenue in the future (unlikely) wink holders would get 3x the rewards as blink holders. Of course, if blink wildly surpasses wink, I could see them altering this in the future - even if it pisses off the wink holders (they did similar things when tronbet rebranded as wink, so I think if their BSC baby becomes their cash cow they may do similar in the future). In any case, I am long blink atm based on its greater immediate growth prospects relative to wink.
I realize this thread is a bit old, but can anyone explain to me how to use pancakeswap without losing a ridiculous chunk of your funds? There are a couple coins I wanted to (and did) buy on pancakeswap recently (bogged, blink)... and good lord was it complicated. 1) buy BNB on [binance.us](https://binance.us) 2) transfer BNB to binance chain wallet extension 3) internal transfer on BC wallet extension to BSC 4) BSC to MetaMask 5) finally connect MetaMask to PancakeSwap and make the purchase The fees for all those transactions weren't great, but they weren't horrible, either. What really screwed me was the actual purchase on PancakeSwap. ​ For some reason, when trading my BNB for BOG/BLK, its like the price of BOG/BLK on pancake swap was WAY higher than the market price. I received \~half as much BLK as I would have expected (given market price), and probably about 2/3s as much BOG as I would have expected (given market price). I know that PancakeSwap tells you how much of a coin you'll be receiving before you agree to the trade... but WHY am I being proposed such a shitty trade? There doesn't seem to be any option for me to set my purchase/exchange price, and PancakeSwap doesn't seem to have any issue arranging a trade from hell, so what can I do to purchase tokens without losing so much of my money? I'd like to buy the dip right now but not when it means banking on a 200% rise in market price just to see a return on my initial investment.... ​ Thanks!
i feel you. im running a little experiment right now to try and see if theres any profit to be made, at least for the devs, and throwing down tiny sums like $3 & $5 on some of these shitcoins the day they launch, to try and keep tabs on where they go, and if they get shilled into pump and dumps 10 or 20 almost identical shitcoins, that do the exact same nothing all launched today on binance, immediately tradable on pancakeswap..im curious if its all just the same dev pump them out, maybe delegating tasks to freelancers on fiverr or something regardless, the only one thats turned a profit is blink (BLK) $5 turned into $90 the other day, then corrected back around $60... but i also didnt buy blink on its launch date. and it turns out it may not actually be a shitcoin at all. so theres that,ha
This was sent last December... Did you receive this notification? It says the hardware wallets were not affected, but perhaps this yields information on an attack vector related to your situation. \*\*\*\* **Security Notice** What happened? We contacted our customers last July to tell them that part of our e-commerce marketing database had been leaked. Yesterday we were informed about the dump of the content of a Ledger customer database on Raidforum. We believe this to be the contents of our e-commerce database from June, 2020. For specific questions please refer to the [FAQ](http://links.ledger.com/u/click?_t=62c6a4ea5484430dbb7571e36c7bde50&_m=60822b8ccefc468d99b322777d6c43bb&_e=Gu3uBP31mpmzO4SAH_EyjgkKJ5McDTDxoXJf8xeLaaqghUUGFV-z6w97plxF0TFdfeTWZp0_B-QOfZyfr400yriz4YFDvYd27TdA1Gj9DoQk51dW-gGg5AUOe3kLJsyW_Tp7C0klWCRAN2CJ8-IKW0geLEcS-xWKF8K3hQR4pm0TetSXcwXYmPV4JmXUkTCwlDq5i8RWLWhCVc-5DVkQqooFNYVEghfs1J1HucF7Ve5YmcVlpEqOQu7HCLuj3Gbt-VEj9Fy7CEaFs7FnjKjvcDrAc3iHAycBeVtX8q1ICVNGNS3lpPrG-9sjKB_UVUEfF26_eeWnlDb3RerT-WtM1ve3k9096eXhcJTH_QF37liK3CpWoKFYXBEMaohGfiAVStFtyhe2nsoSUk55CxdeNj45x9BfbWo4dYr4K6Z2K4jd3z0n26yUD2i2mHCj7gf4), which we will continue to update to address your concerns. What information was involved? At the time of the incident, in July, we engaged an external security organisation to conduct a forensic review of the logs available. This review of the logs enabled us to confirm that approximately 1 million email addresses had been stolen as well as 9,532 more detailed personal information (postal addresses, name, surname and phone number) that we were able to specifically identify. The database publicly released yesterday shows that a larger subset of detailed information has been leaked, approximately 272,000 detailed information such as postal address, last name, first name and telephone number of our customers. These details are not available in the logs that we were able to analyse. **If you are part of the detailed personal information subset, you will receive a specific email notifying you within the next 24 hours (check your spam box).** **It is important to note that this data breach is not linked to our hardware wallets nor Ledger Live security and your crypto assets are safe and not in peril of being compromised. Due to our comprehensive security scheme, attackers cannot steal your sensitive information like recovery phrases and private keys unless you give it to them. You are the only one in control and able to access this information. DO NOT GIVE YOUR 24 WORDS TO ANYONE. Ledger will NEVER ask you for your 24 words.** What we are doing Since July, we notified our clients in several [communications](https://server228.web-hosting.com:2096/cpsess7001564079/3rdparty/roundcube/#NOP) via email, blog posts, and Twitter. We are doing everything possible to make Ledger stronger for the future. We have hired a new Chief Information Security Officer (CISO). We are further hardening our already strong systems and have thoroughly reviewed our data policy. We executed penetration tests and forensic analysis with external security firms to test these and find any additional vulnerabilities on our e-commerce systems. We are continuously working with law enforcement to prosecute hackers and stop these scammers. We have taken down more than 170 phishing websites since the original breach. We have notified the French data protection authority regarding the data breach and are working with other data protection authorities across the world. Our Customer Support team is working 24/7 to answer your questions. We are doing everything we can to proactively deal with this critical situation and prevent anything similar in the future. We wish we could turn back the hands of time and make this problem disappear. Unfortunately we cannot, so we are focused on today and the future. Please be sure we are more focused than ever on security in every part of our customer experience. What you can do We recommend you exercise caution -- always be mindful of phishing attempts by malicious scammers. **Ledger will never ask you for the 24 words of your recovery phrase, not even in Ledger Live. Ledger will never contact you via text messages or phone call.** Furthermore, while we do all we can, we suggest you visit [the security section of Ledger Academy](http://links.ledger.com/u/click?_t=62c6a4ea5484430dbb7571e36c7bde50&_m=60822b8ccefc468d99b322777d6c43bb&_e=Gu3uBP31mpmzO4SAH_EyjoflH55lKqedUk031fVaNr443nb54pMEAB5HD6522lWGO3jQWcAMqXIwU5ZdVu5WZw-JQfIkNuacPMrr2fOib1btwE9IL5VVZo2Ib4jwOqwpahjMcDQq-rGm9-sQdj1lvZ2XSN8lbGYrisvmpfWwjp-QhQ92B-IH52eSwjmBPY4eZv_JA7qSxDaWk_EyndVno4wjhP-sz4rh2BtwCZaBZQnmcvGOhXAY3JxrrwT_GiAzZoLBj76cqZaGuabw9lK8iHOp_FjP65EHVeGfinJJcWl6LB9BLK9FiML6Ik37G-rQ6_DFoVXtrbKarEmJoeUrituwq-XjiI8Fe_zy7XQgcZ4%3D) to educate yourself on general security principles and more precisely our article about phishing attacks. Also, familiarize yourself with the anatomy of these ongoing phishing campaigns and report any phishing you experience on [this dedicated page](http://links.ledger.com/u/click?_t=62c6a4ea5484430dbb7571e36c7bde50&_m=60822b8ccefc468d99b322777d6c43bb&_e=Gu3uBP31mpmzO4SAH_EyjlAs5ilz-RDWawMfSXMzeFbCpgocgtZ-RYoqwh67uR-tdX04MkNMn7K8P1ymPWKnv5h6kK7I42fkzzG-d7AXQr1_sbcq1zByXVFNc1XnYiGYMcYyVkR5W9tbj_i8VGaKrjcvMJ3O0TpzHodl-0u0MEQBny4T_nefUib71_FQlsTya0J3M6SQEvMDEcfsIKxz4G3QR6i7oMZI13HTjPhdS5VzRYceYGH_B0_UZr1PTsvkRHznjmPaY_S-ubn27z2b_4UQSWo2GIpu0OyWdWXXhe295z7oGKHiJ2_Xz_bCnhnoaMBTpN9OUm5C2HKjbS8lHFpJICge0hQbGetixHj7a7kopVtgUnDSfhvDmzfTlqkX). If you want to know if your information may have been exposed previously head to https://haveibeenpwned.com/ We have taken immediate action to resolve the damage, and are diligently working to protect all customer information. We are extremely regretful that this incident impacts our customers and recognize it will take time to restore your confidence. We will do everything in our power to show you that this has made Ledger better, stronger, and more secure. Sincerely, Pascal Gauthier CEO, Ledger