The exploit has “renewed a focus on security,” which could be a “symptom of crypto’s own success,” he said. However, Zinder said, the Solana blockchain is not the problem.Unlike the hot wallets that are always connected to the internet, Zinder’s company, Ledger, provides “cold,” or external wallets, that are not connected to the internet but stores crypto key information on hardware, such as a USB-like external device.
The crypto industry’s growth could be based on partnerships between exchanges and hardware wallet providers, he said.The France-based wallet maker, now valued at $1.5 billion,While Zinder did not comment on whether his company has secured the it seeks, he said Ledger has sold more than 5 million hardware wallets that hold crypto, or about 15% of the world’s crypto asset holdings.. Here, too, he sees the need for security, especially for major corporations using NFTs to push their brands.
“If you do that incorrectly, if you compromise on security or you compromise on governance, you're putting that audience, community and your brand at risk fundamentally,” he said.
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