Cryptocurrencies 18,106
Market Cap $2.25T
BTC Dominance 56.27 %

Cryptocurrencies : 18,106

Total Market Cap : $2.25T

BTC Dominance : 56.27 %

LIVE
Mkt Cap $2.25T BTC Dom 56.27 % BTC BTC $63,120.00 ▲ +0.60% ETH ETH $1,865.24 ▲ +1.10% USDT USDT $0.998978 ▲ +0.00% BNB BNB $585.56 ▲ +1.70% USDC USDC $0.999466 ▲ +0.00% XRP XRP $1.07 ▲ +1.20% SOL SOL $73.03 ▲ +1.20% TRX TRX $0.326142 ▼ -0.50% FIGR_HELOC FIGR_HELOC $1.00 ▼ -3.10% WBT WBT $54.92 ▲ +0.40% HYPE HYPE $52.23 ▲ +0.30% DOGE DOGE $0.070096 ▲ +1.10% USDS USDS $0.999962 ▲ +0.00% LEO LEO $9.75 ▲ +0.00% RAIN RAIN $0.012803 ▲ +4.30% ZEC ZEC $476.84 ▲ +3.50% ADA ADA $0.186103 ▲ +6.70% XMR XMR $364.84 ▲ +0.30% LINK LINK $8.31 ▲ +3.10% XLM XLM $0.172063 ▲ +1.00% DAI DAI $1.00 ▲ +0.00% CC CC $0.116229 ▼ -0.40% BCH BCH $211.67 ▲ +2.10% USD1 USD1 $0.998908 ▲ +0.00% GRAM GRAM $1.41 ▲ +1.30% Mkt Cap $2.25T BTC Dom 56.27 % BTC BTC $63,120.00 ▲ +0.60% ETH ETH $1,865.24 ▲ +1.10% USDT USDT $0.998978 ▲ +0.00% BNB BNB $585.56 ▲ +1.70% USDC USDC $0.999466 ▲ +0.00% XRP XRP $1.07 ▲ +1.20% SOL SOL $73.03 ▲ +1.20% TRX TRX $0.326142 ▼ -0.50% FIGR_HELOC FIGR_HELOC $1.00 ▼ -3.10% WBT WBT $54.92 ▲ +0.40% HYPE HYPE $52.23 ▲ +0.30% DOGE DOGE $0.070096 ▲ +1.10% USDS USDS $0.999962 ▲ +0.00% LEO LEO $9.75 ▲ +0.00% RAIN RAIN $0.012803 ▲ +4.30% ZEC ZEC $476.84 ▲ +3.50% ADA ADA $0.186103 ▲ +6.70% XMR XMR $364.84 ▲ +0.30% LINK LINK $8.31 ▲ +3.10% XLM XLM $0.172063 ▲ +1.00% DAI DAI $1.00 ▲ +0.00% CC CC $0.116229 ▼ -0.40% BCH BCH $211.67 ▲ +2.10% USD1 USD1 $0.998908 ▲ +0.00% GRAM GRAM $1.41 ▲ +1.30%
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Ledger Wallet Upgrades Its Software Suite To Prevent ‘Dusting Attack’

One of the leading hardware wallets Ledger has upgraded its software suite. This upgrade will ensure more privacy and control on crypto transfers to help prevent ‘dusting attacks’.

A dusting attack takes place when a malicious actor sends small amounts of Bitcoin to a wallet to break the privacy of users for further attacks.

Ledger Live version 2.11.1 has come up with a new feature called Coin Control. The new feature users can adjust the transaction settings for more privacy or optimal fee usage.

As per the announcement, the feature works through its ability to manage Hierarchical Deterministic (HD) wallets or multiple different Bitcoin addresses. Through Coin Control, users can now select the addresses they want to use for transactions instead of the previous default First-in, First-out (FIFO) method of automatically using the oldest address.

The replacement of the First-in, First-out (FIFO) method matters as it protects against third parties tracking those transactions through tiny amounts of BTC, called dust, which is worth less than the transaction fees. The dust can be used to track the owner’s identity through analysis since these tiny unspent transaction outputs (UTXOs) can accumulate. Back in August 2019, a large-scale dusting attack was carried out on litecoin users. 

Ledger says that with Coin Control, users can simply choose to not use this tiny UTXO:

 “As such, they cannot track any movements. In short: it can be a game changer when it comes to your privacy.” 

Other features that are upgraded on software includes an optimization of the network fee structure by permitting users to choose UTXOs with higher value, thus reducing the byte size of the transaction.

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