[Erratum] - Will ‘Account Abstraction’ reshape crypto?

Check the best trends & indicators [View in Browser]( Say hello to our newest color - [the Ruby Red!]( The same security, now in a brilliant new color, is available for the Ledger Nano X and Nano S Plus. [Shop it here and receive this brand new edition within the next few days.]( [Get Yours Now →](  News Corner   [The Ledger Donjon again demonstrates its expertise in finding crypto vulnerabilities.]( Our internal attack lab, which hacks other wallets for a good cause, has again yet made an important achievement: they found a new vulnerability in the Coinkite Mk4 hardware wallet to enhance its security, and introduced a new methodology to attack secure chips using laser fault injection (LFI). [Karim Abdellatif]( and Olivier Heriveaux presented their attacks on DeepCover DS28C36B at [FDTC 2023]( in Prague. [Bitcoin’s price is correlated with tech stocks again.]( Ethereum’s founder defends a new project, “privacy pool,” a “privacy-enhancing protocol” that aims to separate transactions involving criminal activity from those from honest users. “All users with ‘good’ assets have strong incentives and the ability to prove their membership in a ‘good’-only association set,” the paper says. “Bad actors, on the other hand, will not be able to provide that proof.” [Deutsche Bank eyes crypto custody and tokenization.]( Germany's largest financial lender is edging closer to introducing crypto-related services following a strategic partnership with Taurus, which means the bank will be able to hold a range of digital assets for its clients and tokenized versions of traditional financial instruments. Deutsche Bank's global head of securities, Paul Maley, said that as crypto is "expected to encompass trillions of dollars of assets, it's bound to be seen as one of the priorities for investors and corporations alike."     Market Indicators  [7]( The number of months before the next and much-awaited Bitcoin halving, the event where the [Bitcoin network is]( cut in half. “Money will come in, the BTC demand will increase, while the supply has decreased, and the price will increase,” said a mining company executive. Will it kickstart a major run? [$3.1 Billion]( The all-time high value reached by Real-World Assets (RWAs) tokenization in August, with assets including gold, precious metals, equities, money markets, treasuries, and more. “The recent expansion of RWAs has been fueled by on-chain demand for off-chain sources of yield,” Galaxy Research revealed.   [-99,9%]( The drop in Ethereum’s energy consumption since the execution of The Merge, exactly one year ago. The protocol has also become deflationary, with 300,000 ETH (worth $488 million at current prices) burnt since the software transition.    Ledger Stories    [Ledger Live’s new ‘Earn’ Section is now available on Desktop]( letting you stake your digital assets, track your rewards, and discover new earning opportunities across multiple chains. Mobile is soon to follow.  Get your Ledger Nano Pod for 50% off now when you buy a Ledger Nano. [Don't miss out!](  Seth Hertlein, VP Global Head of Policy at Ledger, [joined the Bankless podcast]( to explain the modern financial surveillance apparatus, and why crypto is the way out of this system. Insight  How Account Abstraction Could Impact The Crypto Landscape? Back in the 2000s, the global internet revolution ushered in an unprecedented wave of digitization, and this wave is now spreading to the very concept of ownership with the rise of blockchain technologies. But as we navigate this transition from one Internet era to the next, from Web2 to Web3, the friction for users only seems to intensify. Blockchain interactions remain complex; they lack security and ease of use, deterring too many people from entering the crypto field. Account Abstraction, a blockchain-enabled technology allowing people to use smart contracts as their accounts and set their own flexible rules for wallet management, is a significant promise to alleviate this friction. [→]( [Read the full insight here.](   [Ledger]( Follow us on: [Ledger YouTube]( [Ledger Twitter]( [Ledger Instagram]( [Ledger Facebook]( [Ledger TikTok](ledger) & listen to our podcast [here](. This email was sent to you because you signed up at Ledger.com or purchased a Ledger product. We respect your right to privacy. Read our [Privacy Policy]( and [Cookie Policy](. © Ledger SAS. All rights reserved. Ledger brands are registered trademarks of Ledger SAS. Ledger SAS, 1 rue du Mail, 75002 Paris To unsubscribe from future emails or to update your email preferences, [click here](NAME}L86DBG?a=n&i=n&elqTrackId=7e9bde660abe4ef6aae1d6d4dcc02590&elq=acc0e966dadc4124ac9bbfe741baae16&elqaid=691&elqat=1&elqCampaignId=257).