RATE Group | Ledger Wallet Bug Causes Losses in Ethereum Chrome App
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Ledger Wallet Bug Causes Losses in Ethereum Chrome App

04 Aug Ledger Wallet Bug Causes Losses in Ethereum Chrome App

Posted at 03:35h in Ethereum News by

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The crypto company said the bug was a technical issue, not a hack, and the losses will be covered.

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Ledger, one of the leading software developers for cryptocurrency wallets, experienced glitches on Friday morning UTC that triggered losses for its Ethereum Chrome application and disruptions across the Ethereum (ETH) and Ethereum Classic (ETC) network, Ledger revealed without further specifying. All financial losses will be repaid to customers, the France-based company said.

Ledger reported about the issues on Twitter and claimed that the problems are not a security breach.

 “There is currently an issue on the Ledger Wallet Ethereum Chrome application, showing on screen a static address (same for all users). This looks more like a bug than a compromission. Engineering is working on it, we’ll know more soon. PLEASE USE ONLY LEDGER LIVE / MEW MEANWHILE,” the company said.         

Around 10 minutes later, Ledger confirmed that there is no hack attack and reported…

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