After the hardware wallet Ledger launched a key recovery service and caused controversy, its competitor GridPlus announced that it will open source the firmware of all its encrypted wallets in the third quarter of this year to propose transparency. GridPlus also stated: “As an industry, we must uphold the highest standards and we call on all other hardware wallet manufacturers to also open source their firmware for the benefit of our ecosystem.” Previous news on May 16, the hardware wallet Le...
