Coinbase Wallet extends support to Ledger hardware wallet

Coinbase Wallet, an in-house wallet work offered by salient crypto speech Coinbase, has rolled retired browser hold enactment for Ledger hardware wallets.

The Coinbase Wallet extension, disposable successful the Chrome Web Store, is simply a noncustodial wallet that allows users to store and transact cryptocurrencies and nonfungible tokens (NFT). By adding enactment for Ledger, Coinbase users tin opt to usage a carnal Ledger instrumentality to store the backstage keys to their wallets offline.

Coinbase elder merchandise manager Adam Zadikoff highlighted the improvement arsenic being a means to providing an further furniture of information and greater bid of caput for users. He said:

“We privation to empower everyone to usage DApps and entree Web3, and that requires gathering the easiest-to-use and astir accessible self-custody wallet successful the ecosystem. Today’s merchandise solves [..] the quality to usage a hardware wallet for enhanced security.”

As a portion of the launch, Coinbase has partnered with Ledger to merchandise a limited-edition Coinbase-branded Nano X hardware wallet connected Ledger’s authoritative website.

As Cointelegraph antecedently reported, Coinbase reportedly stores astir 12% of each crypto crossed much than 150 plus types, with the company’s main fiscal officer, Alesia Haas, stating astatine the time:

“Nearly 50% of our transacting customers are doing thing different than buying and selling crypto, which indicates to america that crypto is moving beyond its archetypal concern signifier into the long-expected inferior phase.”

Related: Hodlers beware! New malware targets MetaMask and 40 different crypto wallets

Cointelegraph precocious highlighted the rising vulnerabilities for crypto wallets built arsenic browser extensions — specified arsenic MetaMask, Binance Chain Wallet and Coinbase Wallet — owing to the motorboat of a caller malware called Mars Stealer.

The malware targets implicit 40 browser-based crypto wallets by exploiting two-factor authenticators via a grabber relation that steals users’ backstage keys. According to information researcher 3xp0rt, the caller malware is simply a almighty upgrade to the information-stealing Oski trojan.

The researcher besides noted that the malware tin people each Chromium-based browsers, including Google Chrome, Microsoft Edge and Brave.