Hardware Wallet Provider Trezor Sees 900% Jump in Sales amid Ledger Controversy

The controversy surrounding Ledger’s key-recovery service has boosted sales for its competitor Trezor. Besides, Trezor also addressed concerns over security and develops an auditable secure element through its sister company Tropic Square. The controversy surrounding Ledger’s recently released key-recovery service has ultimately benefitted hardware wallet competitor Trezor. Hardware wallet manufacturer Trezor recently reported a 900% … Read more

Crypto Hardware Provider Ledger Delays Its Key-Recovery Service after Uproar

After a strong community backlash, Ledger announced that they have already open-sourced part of the Ledger code. Crypto hardware wallet provider Ledger recently announced that it be delaying the launch of its key-recovery service. This measure comes following strong criticism from the crypto community. Ledger CEO Pascal Gauthier wrote to all Ledger users that the … Read more

Tencent Abandons VR Hardware Plans Due to Challenging Macroeconomic Parameters

Chinese tech giant Tencent is ‘shifting’ away from its VR hardware initiative to remain competitive on the metaverse front.  Tencent Holdings Ltd has scrapped plans to build virtual reality (VR) hardware amid a bleak economic outlook. According to reports, the Chinese multinational tech and entertainment conglomerate is looking to reduce costs and headcount at its metaverse unit. Tencent … Read more

Apple Inc’s Hardware Subscription Service Facing Setbacks Forcing Delays

The plan by Apple to launch the series of subscription services for its hardware product is the company’s own way to get a competitive advantage over other rivals in the space. American multinational technology giant Apple Inc (NASDAQ: AAPL) is recording a significant slowdown in its plans to launch a number of hardware subscription services. … Read more