In a recent interview, Ledger CEO Pascal Gauthier highlighted the importance of strong security measures in the cryptocurrency industry. He warned that while Bitcoin itself is secure, crypto exchanges where digital assets are stored remain prime targets for hackers. Gauthier emphasized the need for users to practice self-custody and not leave their coins on exchanges unless the security measures are highly robust. He mentioned that Ledger has spent the last decade refining their security protocols and offers reliable self-custody solutions. Gauthier also drew parallels with traditional banking practices, noting that secure alternatives to self-custody exist for digital assets. These remarks came after a recent $1.5 billion hack of Bybit, which was linked to North Korea's Lazarus Group. Gauthier emphasized that Ledger's technology, with its proven track record and eight million hardware wallets sold, provides a superior option to outdated methods.



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