Ledger launches new one-tap recovery key for crypto wallets – DL News

  • Ledger is introducing a new piece of crypto hardware.
  • Wallet maker strives to simplify access.
  • The France-based firm holds a massive share of the crypto market’s assets.

Ledger, a French crypto wallet provider, is launching a new recovery tool for owners of its fleet of hardware wallets, the company said Tuesday.

The recovery key, which resembles a credit card, offers users an alternative method for accessing their crypto without relying on the traditional 24-word seed phrases typically associated with hardware wallets.

Instead, after the key is paired with either the Ledger Flex or Ledger Stax wallets using near-field communication technology, users can then simply hold the key to the device, enter a short pin code, and unlock it….

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