Cryptocurrency news

Drake Is Rooting for BTC

The world-famous rapper has been a Bitcoin (BTC) ambassador since 2021, when he wagered over $1 billion of cryptocurrency on the Super Bowl and cashed in a pair of massive UFC bets, later developing a partnership with Stake. Besides, Drake and fellow music magnate Snoop Dogg supported several million dollars into MoonPay earlier this year.

Nevertheless, this time a sponsorship deal is distinct. Ledger officially noted that they don’t have a partnership deal with Aubrey Graham, better known as Drake. Ariel Wengroff, the Vice President of Ledger’s communications department, remarked that Ledger doesn’t have a deal with Drake and didn’t give him that Ledger. However, it’s not a surprise Drake gets the option of self-custody and protecting his assets. Nowadays, the rapper’s net worth is $260M. It’s unknown how many More Ms he maintains in the shiny Ledger.

The Crypto Halloween went all in when the second biggest crypto platform, FTX, and its original token, FTX (FTT), went to pieces within a week. This has recently sent the Crypto Fear & Greed Index to unseen Extreme Fear levels as investors rushed to crypto platforms to cash out.

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Using Wallet

As self-sovereignty is becoming an ultimate priority for crypto fans and heavy investors, cold storage wallets supply an opportunity to remain extra safe. The self-custodied wallets contain the CC EAL5+ Certified Secure Chip, suggesting it would be extremely hard to catch it away, even for the most creative crypto tricksters.

Eventually, the hip-hop world used the Ledger wallet, as the Ledger Nano device was in Doja Cat and Saweetie’s music videos. At the same time, Gunna swung the iced-out chain with a Diamond Ledger charm at the Met Gala. This arrives at a time when centralized exchanges are questioned by the public, therefore why it may set a new security measure for crypto enthusiasts.

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