Peak traffic on Ledger left users unable to move crypto
A server outage at cold wallet provider Ledger had users panicking amid FTX’s downfall. Ledger’s tweet reminded some of Sam Bankman-Fried.
Cryptocurrency news by Protos · Protos
November 11, 20222m 21s
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Show Notes
As Sam Bankman-Fried’s crypto exchange FTX faces bankruptcy, users are scrambling to move cryptocurrency to cold wallets like Ledger and Trezor — but due to a sudden surge in traffic, Ledger experienced ‘downgraded server performance’ which left users unable to send or withdraw funds.
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