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The Ledger Flex is a new, cheaper hardware crypto wallet from French startup Ledger. Ledger finally released Stax, its long-anticipated hardware crypto wallet, and is shipping units out to people who preordered the product in May. In addition to raising the price for Stax, Ledger is also releasing a new crypto hardware wallet. The Ledger Flex features an E Ink screen, similar to the Ledger Stax. The Ledger Flex, which costs $249, is smaller than the Ledger Stax and comes with a 2.8-inch display.
Persons: Stax, Ledger, Tony Fadell, Ledger Stax, Pascal Gauthier, Ledger's Stax, Ledger's Gauthier, Foxconn Organizations: Stax, Ledger, Flex, Google, CNBC, Apple Locations: Ledger, solana, London, Vietnam
Ben Mcshane | Sportsfile | Getty ImagesBinance's agreement to salvage rival cryptocurrency exchange FTX from collapse shows how no one is safe from the chill of crypto winter, according to industry experts. "It shows that no one is too big to fail," said Pascal Gauthier, CEO of crypto wallet firm Ledger. On Monday, the CEO of cryptocurrency exchange FTX, Sam Bankman-Fried, took to Twitter in since-deleted tweets to play down concerns his crypto trading empire was at risk of collapsing. The debacle highlights how the crypto industry is becoming more centralized and straying from its decentralized roots, according to Gauthier. "FTX is a very big warning for everyone," Gauthier said in an interview on CNBC's Squawk Box Europe Wednesday.
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