19.01.2021

Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens

In a blog post published on Sept. 5, Ledger announced the version 1.14.0 of its Ledger Live software that now supports over 1,250 Ethereum-based ERC-20 tokens. The update has already been released for both mobile and desktop versions of the software.

French hardware wallets manufacturer Ledger announced that its cryptocurrency management software Ledger Live now supports Ethereum (ETH) ERC-20 tokens.

More assets to be supported in the future

The Ledger Live application allows users of the company’s hardware wallets such as Ledger Nano S or Ledger X to manage their devices and cryptocurrencies. The firm also promises to add support for more assets in the future:

“While the ERC-20 token integration has brought a plethora of new cryptocurrencies to Ledger Live, we still aim to add even more crypto assets to the platform.”

As Cointelegraph reported, in March Ledger has unveiled vulnerabilities in its direct competitor Trezor’s devices. Prague-based crypto wallet manufacturer Trezor, on the other hand, has responded to Ledger’s report by claiming that none of these weaknesses are critical.

Largest Tencent Shareholder Leads $15M Round in Blockchain Game Developer

Naspers, the largest shareholder of Chinese Internet giant Tencent, participated in a $15 million investment in blockchain game developer Immutable.

Key investors

Immutable, a Sydney-based blockchain gaming startup, completed a new funding round led by Naspers and Mike Novogratz’s crypto investment bank Galaxy Digital, the company announced in a blog post on Sept. 23.

As reported by the Australian Financial Review (AFR), other investors also included Sydney-based VC firm Reinventure and American private investment firm Apex Capital.

Scaling from 13,000 to 1 million gamers projected

According to the report, Immutable’s flagship game Gods Unchained has made over $4.5 million in revenue in just over a year, despite it is being played by a closed group of 13,000 gamers.

Founded by brothers Robbie and James Ferguson in July 2018, Immutable reportedly expects to grow Gods Unchained from the current 13,000 to 1 million players with the new investment, James stated in an interview with AFR.

Based on the Ethereum blockchain, Gods Unchained is a trading card game that has reportedly overtaken other popular TCGs such as Artifact, Faeria and Kards, Immutable stated. In February 2019, Gods Unchained’s unique digital card Hyperion became the world’s second most expensive card ever sold after selling for137.8 Ether (ETH), or $62,000 at the time of auction.

On Sept. 17, the Worldwide Asset eXchange (WAX) announced that one of the largest decentralized apps in the world, online real-time economic strategy game Prospectors, was launching on the WAX blockchain.

JPMorgan May Merge Its Blockchain Project With Ethereum Studio Consensys

Banking giant JPMorgan Chase may soon merge its Quorum blockchain project with ConsenSys, the ethereum-focused software developer and investor.

According to a Reuters report Tuesday citing “people familiar with the plans,” while the terms of the deal currently under discussion are still not agreed, the merger might happen within the next six months.

Quorum was first reported in 2016, creating a wave of excitement as it officially connected the bank with ethereum, even if it was a private version of the tech. The firm suggested at the time that the open source project was a first step toward building a system that could connect private institutions via distributed networks.

Since then, Quorum has had privacy features from ethereum added to it and a major revamp based on the Java programming language in a bid to make it easier for businesses to use and deploy.

It’s also been used as the basis for JPM’s Interbank Information Network, which now has over 365 banks on board. The platform is aimed to allow member banks to exchange information in real time, allowing them to verify payments has been approved

In May 2019, staff at the bank suggested Quorum might be spun off, though it was uncertain if that would be the case at the time.

Reuters sources added that the Quorum unit currently employs roughly 25 people globally, and it’s not yet clear if they would become part of ConsenSys’ team after the merger.

CoinDesk reached out to both parties to confirm the report. JPMorgan declined to comment.

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