Exclusive: Why Ledger CEO Eric Larchevêque is Preparing ...

[Article] In the Cryptocurrency World, Your Security is in Greater Danger than on Facebook; CLEARS Can Help

Your data isn’t safe

If the now-infamous Facebook security breach has any silver lining, it’s the rise in awareness of digital threats.
Cambridge Analytica’s harvesting of user data and possible election manipulation has dominated the news, and rightfully so: [up to 87 million people](up to 87 million people) may have had personal information exposed to third parties without authorization.
And yet, in terms of threat to security, the Facebook breach pales in comparison to the dangers of the cryptocurrency world.

Hacking occurs in different shapes and sizes

Eric Larcheveque, CEO of crypto-security firm Ledger Wallet, makes a key distinction: If a criminal were “to steal a Social Security number or banking information — that’s not money, it’s information.”
But with cryptocurrency hacks? “It’s immediate. It’s already cash.”
And crypto-criminals are all too aware: “All the hackers in the world are targeting cryptocurrencies.”

Crypto hacks are a thing of the present

For instance, major Japanese cryptocurrency exchange Coincheck had over half a billion US dollars’ worth of NEM coins stolen earlier this year. The coins were taken from a so-called “hot wallet”, a web-based storage unit particularly useful for instant transfers. And, as it turns out, it’s particularly susceptible to hacks as well.
The result? “The biggest theft in the history of the world,” according to NEM.io Foundation President Lon Wong.
But Coincheck is far from alone. In 2017 alone:
And that’s only the tip of the iceberg.

Security measures leave much to be desired

Thus emerges the major pain point for cryptocurrency organizations and users alike: the ensured protection of users’ personal information.
But such security is woefully underdeveloped.
Crypto criminals currently enjoy a wealth of hacking options: exploiting insecure ICOs, manipulating digital wallets, interfering with payment gateways, obtaining user passwords or secret keys, and impersonating recipients’ addresses, to name a few. Regarding wallets specifically, software service Electrum and hardware storage Trezor each had unique vulnerabilities recently exposed.
Even our devices can’t be trusted, with “catastrophic” flaws dubbed Meltdown and Spectre discovered within universally used Intel CPU chips.
With so much volatility in the industry, concerns over sensitive personal documents and wallet security are both extremely well-founded.

Clears: Our mission to bolster cyber-security

With the crypto world growing at an exponential pace, we believe appropriate precautions must follow suit. Cryptocurrency exchange processes have a dire need for fortified security measures, hence the emergence of Clears.
Using the power of Blockchain, Clears carefully encrypts each Know Your Customer (KYC) process to the utmost security standards. We also:
“Security” isn’t just a buzzword; it’s the backbone of your digital identity and the stronghold of your wealth. Clears is committed to cultivating the security necessary in your cryptocurrency transactions. For more on how we do it, check out our CLEARS Medium.
submitted by CryptoPharaoh to ClearsConnect [link] [comments]

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Eric Larcheveque : Bitcoin eCommerce et Fintech. 20 octobre 2015. Le Bitcoin, crypto-monnaie dont on entend beaucoup parler, il à parfois mauvaise Presse. Curieux et intrigué par la fintech et la blockchain dont on parle de plus en plus, il me semblait nécessaire de tenter de l’expliquer simplement à une audience aussi curieuse que sceptique. Alors Bitcoin = Monnaie digitale mais il s ... Eric Larchevêque is the CEO and Co-founder of Ledger, a Bitcoin security company. He initially founded la Maison du Bitcoin, which in 2014 merged with BTChip and Chronocoin to become Ledger. He stores more than 1,000 bitcoins on his personal Ledger Nano. In a recent article published by CoinDesk, Eric Larcheveque talks about this issue and how hardware wallets are helping to solve this issue. Larcheveque is the CEO of Ledger, one of the most important hardware wallet manufacturers all over the world. According to Mr. Larcheveque, exchanges suffer from system risk. That means that they have to ... 30,000,000 FREE coin CRYPTO MINING-CONTRACT - 30 Million (FREE), Crypto Currency ... As the CEO of Ledger, perhaps the most secure hardware wallet in the world, you might think that Eric Larchevêque would send a spokesperson on his behalf. Yet the professional, poised, and, above all, humble Larchevêque is always willing to talk–especially if it helps the advancement of the bitcoin ... The crypto market leader Bitcoin will remain stable regardless of the prevailing economic crises, according to Eric Larcheveque, the Founder of the French and Business magazine Capital. Bitcoin vs State-backed Cryptos. Speaking during a recent interview, Larcheveque noted that emerging crises would have little impact on the price of Bitcoin.

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Bitcoin, la monnaie sans banque ni état Eric Larchevêque ...

Eric Larchevêque est le co-fondateur de Ledger. Ledger est le leader mondial des solutions de sécurité pour les applications de blockchain et cryptomonnaie. I currently get 619 MHash/s out of it maxed out Eric Larchevêque n’est pas un entrepreneur comme les autres. Il est animé par une farouche ambition de rendre à l’Europe une partie de sa souveraineté techno... Meet Eric Larchevêque, one of Ledger's co-founder and Executive Chairman: a look back on the past 5 years. This video is unavailable. Watch Queue Queue. Watch Queue Queue

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