CryptoWatch: Ledger's New Crypto Wallets, Mastercard's P2P Network, Gemini Earn Refunds

The past week saw the rise and fall of crypto wallets and networks, with CryptoWatch giving you the latest updates in the industry centered on the new French startup Ledger introducing its crypto wallets. Mastercard's latest peer-to-peer (P2P) crypto network launch is available for countries across Europe and Latin America.

Moreover, there is also good news for Gemini Earn users as the company is now returning the cryptocurrency they kept under the program two years after it froze the accounts.

Ledger Crypto Wallet Now Available from French Startup

The French startup Ledger has begun shipping its new crypto wallets to users 18 months after it first announced the Ledger Stax devices centered on hardware wallets. The new wallets feature a new e-Ink display designed in collaboration with Tony Fadell, the renowned "father of the iPod," to deliver the new look.

The company recently shipped Ledger Stax crypto wallets under preorders to fulfill the previous purchases by users who initially bought them. Those looking to buy one now would have to wait for an update from Ledger's website for information on new stock.

This new hardware crypto wallet offers a hands-on approach to managing one's cryptocurrency and NFT assets, which can be stored on the device. It can be connected to a computer with USB-C via the Ledger Live app and to mobile devices via Bluetooth on the Ledger Live Mobile.

Mastercard's P2P Crypto Network Now Live

The renowned fintech and credit card company Mastercard has launched its much-awaited P2P crypto network for users in select European and Latin American countries. This network offers the capability to send and receive digital assets more directly, done through the Mastercard Crypto Credential aliases, which allow users to create a unique name for their transactions.

According to Mastercard, this will simplify the transactions done on the blockchain and leave behind the complex addresses for asset transfers. The company's verification system assures a secure transaction between accounts, offering worry-free transfers for users.

This also promises faster transactions between accounts, with Mastercard helping with the metadata exchange through this simpler approach.

Gemini Earn Returns Crypto Holdings

Gemini is back, not for its operations but for the defunct and bankrupt crypto exchange platform to return customer assets under the Earn program after around two years of freezing users' money. As much as $2.18 billion in cryptocurrency is being returned to their rightful owners, as it was previously known that withdrawals were prohibited amidst the company's fiasco.

According to Gemini, they are doing customers better with these returns, as they will also include the earnings and growth they received since they invested their money in the program.

The almost $2.2 billion figure is only 97 percent of the digital assets they are returning, and customers who have holdings under Gemini Earn may now check their accounts to get their money back.