• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Hackers Target Ledger Wallets & Crypto Market Liquidation Soars To 1.2Bn: Read Why PlusWallet Is The Best Bet For Securing Crypto

December 25, 2024 By CryptoReporter

In recent weeks, Ledger Wallet news has taken the crypto world by storm. There have been reports of phishing attacks targeting owners of Ledger hardware wallets. Adding to the turbulence, crypto market liquidation hit a staggering $1.23 billion in just 24 hours. 

In a time when security and reliability are paramount, finding the best wallet for crypto becomes a critical decision. Solutions like PlusWallet stand out by offering encryption, locally stored private keys, and an intuitive user experience. PlusWallet has become a trusted companion by empowering users with full control over their assets while ensuring top-tier protection.

Is Your Ledger Wallet Safe? New Phishing Scams Emerge

The latest Ledger Wallet news reveals that users are facing a wave of phishing scams again. Hackers are deploying highly convincing scams, posing as official Ledger representatives and sending fake emails with alarming subjects like “Security Update: Data leak could expose your secret phrase.” 

These messages, sent via SendGrid, redirect unsuspecting users to a counterfeit website. It is designed to mimic the legitimate Ledger portal. Once there, users are tricked into entering their 24-word secret phrase under the guise of a “secure verification tool.” With this information, hackers gain complete control of the affected wallets, stealing all stored digital assets. While Ledger has confirmed no new data breaches, the company remains proactive in educating users. 

Crypto Market Liquidation Hits $1.2 Billion In One Day

The cryptocurrency market experienced a sharp spike in volatility, resulting in an unprecedented crypto market liquidation of $1.2 billion within 24 hours. This surge followed hawkish comments from Federal Reserve Chair Jerome Powell, which triggered uncertainty among traders. 

The $1.06 billion of these liquidations came from long positions, highlighting the risks of leveraged trading in an unpredictable market. Binance, recorded the highest crypto market liquidation of $548.95 million, with nearly 87% of the liquidated positions being long. 

These events highlight the importance of strategic portfolio management and the need for secure tools to weather market fluctuations. For traders, it’s a reminder to use platforms that ensure their assets remain protected, regardless of market movements.

PlusWallet Redefines Security & Passive Income 

As hackers target Ledger Wallet users and crypto market liquidation reaches new heights, PlusWallet emerges as the ultimate solution for those seeking security, convenience, and consistent rewards. PlusWallet offers a seamless experience that prioritizes user safety while delivering unmatched opportunities to earn. Security is at the heart of PlusWallet. Unlike traditional wallets that store private keys on external servers, PlusWallet ensures complete user control by locally storing these keys on devices. This design significantly reduces the risk of breaches. 

Additional safety measures like biometric authentication, including Face ID and PIN codes, provide an extra layer of protection, ensuring your assets remain inaccessible to unauthorized users even in the event of a device compromise. Beyond this, PlusWallet simplifies recovery for lost devices through a secure recovery phrase system, offering peace of mind for its users.

What sets PlusWallet apart is its rewarding ecosystem. Features like the “Swap to Earn” program turn every transaction into an opportunity to grow. PlusWallet places no limits on the number of swaps or rewards you can collect. Even better, the referral program ensures that you earn not only from your transactions but also from those of your referrals. 

With no cap on earnings, PlusWallet transforms every swap into a step toward financial growth and makes it the top choice for active traders. Whether you’re trading daily or exploring passive income streams, PlusWallet stands out as the best wallet for crypto, blending advanced security with innovative earning mechanisms. 

Navigating Cyber Threats & Market Liquidation 

Recent Ledger Wallet news has exposed the growing risks of phishing attacks. Meanwhile, crypto market liquidation reached $1.23 billion in a single day. These events highlight the importance of choosing a secure and reliable crypto wallet.

While hardware wallets like Ledger provide robust security, they are not immune to sophisticated scams. The need for comprehensive protection extends beyond just safeguarding private keys. In this environment, PlusWallet emerges as a clear winner, offering not just top-tier security but also unmatched rewarding features. As the best wallet for crypto, PlusWallet combines advanced encryption with an opportunity to maximize earning potential. 

Explore Plus Wallet:

Website: https://pluswallet.app/

Download: https://pluswallet.onelink.me/8QWS/install

Twitter: https://x.com/pluswalletapp

Instagram: https://www.instagram.com/pluswallet.app/

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: PlusWallet

Primary Sidebar

Follow Us

Press Releases

Trezor joins BTC Prague 2025 as one of the main partners

June 16, 2025

GCEX Appoints Stanislav Bunimovich as Managing Director, APAC and Strategic Adviser to the CEO

June 16, 2025

Dogecoin Price Prediction: DOGE Targets $0.30, While Shiba Inu (SHIB) and Little Pepe (LILPEPE) Heat Up

June 16, 2025

Ozak AI Advances in Presale Amid Surging Demand for AI Tokens

June 16, 2025

HBAR & TAO Plummet — Nexchain Is Leading the Charge For AI Utility Coins in Crypto Presale

June 16, 2025

TWS Conference

Merge Madrid

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter