Topic Archive

#Hardware wallet security

11 Stories Found

Coins•Oct 14, 2026

“Not a sell-off”: Ethena CEO Clarifies Investor’s On-Chain Transfers Were Security Precautions

Key Highlights: Large token movements from a major Ethena holder were confirmed to be protective asset migrations rather than sell-offs, following recent hardware wallet security issues. The precautions stem from a physical supply-chain breach affecting Ledger hardware wallets distributed by Southeast Asian reseller CryptoBilis, where covert chips intercepted seed phrases. Hardware wallet security concerns have ...

5 min readRead

Coins•Oct 13, 2026

Ledger Says ‘Spy’ Chip in CryptoBilis Devices Transmitted Wallet Keys Over Mobile Network

Key Highlights: Hardware security company Ledger confirmed that covert hardware implants were placed inside devices sold by Southeast Asian reseller CryptoBilis to steal user seed phrases. The rogue microcontroller scraped 24-word recovery phrases directly from the device screen during setup and transmitted the data to attackers via cellular LTE using an integrated eSIM. Ledger clarified ...

4 min readRead

Coins•Oct 12, 2026

OneKey Drops CryptoBilis and Offers Replacements After $86M Ledger Incident

Key Highlights: Hardware wallet manufacturer OneKey has introduced a direct replacement program for all devices purchased through Southeast Asian reseller CryptoBilis between March 1 and October 12, 2026. The response follows an ongoing investigation into Ledger hardware compromises, in which blockchain investigator Specter estimated total losses surpassing $86 million from tampered devices distributed by CryptoBilis. ...

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Coins•Oct 10, 2026

New Details Emerge on the Ledger Hack as Investigators Reveal “Why Now?”

Key Highlights Compromised Ledger hardware wallets bypassed the company’s official Genuine Check test due to physical modifications made without altering the original secure element chip. Attackers reportedly gathered user recovery phrases over an extended timeline before executing rapid, coordinated asset thefts across multiple wallets. Investigators suspect a supply chain tampering attack occurred prior to delivery, ...

4 min readRead

Coins•Oct 9, 2026

Ledger Wallet Mystery Deepens as Suspected Losses Reach $93.4M

Key Highlights: Blockchain intelligence firm Bitquery estimates that roughly $92.9 million was drained across 311 unique wallet addresses, aligning closely with findings from on-chain analyst Kamal. Former Mt Gox CEO Mark Karpelès highlighted that altered Ledger devices bought via third-party sellers could contain hidden surveillance hardware capable of capturing seed phrases during initialization. While an ...

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Coins•Sep 26, 2026

Prosecutors Allege Cybercriminal Directed $2.6M Crypto Heist From Prison

Key Highlights Incarcerated cybercriminal Robert Barr directed a crypto-theft syndicate from HMP Edinburgh between January and April 2024, targeting a local entrepreneur’s holdings valued at over $2.6 million. Two home-invasion attempts failed: the first in January netted a hardware wallet but no PIN or recovery phrase; the second in April was foiled when the homeowner ...

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Coins•Sep 14, 2026

EU Cyber Resilience Act Requires 24-Hour Exploit Disclosure From Crypto Wallet Makers

EU Cyber Resilience Act Imposes 24-Hour Vulnerability Reporting on Crypto Wallet Makers Crypto wallet manufacturers operating in Europe now face a strict 24-hour deadline to notify regulators when a vulnerability in their products is actively exploited. The requirement stems from Article 14 of the European Union’s Cyber Resilience Act (CRA), the bloc’s flagship cybersecurity legislation ...

3 min readRead

Coins•Sep 10, 2026

Trezor Warns Users After Hackers Breach Email Provider to Send Phishing Alerts

Trezor Warns Users of Phishing Campaign Exploiting Legitimate Email Infrastructure Hardware wallet manufacturer Trezor alerted users on Wednesday, September 9, 2026, about a sophisticated phishing campaign that exploited the company’s third-party email provider to distribute a fraudulent security notice. While Trezor wallets themselves remained unaffected, the attack targeted something more difficult to secure than software: ...

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Coins•Sep 9, 2026

Solana Foundation Assesses $116M Coldcard Wallet Breach Impact

Coldcard Wallet Breach Drains $116 Million, Exposing Seed Phrase Vulnerabilities A significant security breach targeting Coldcard hardware wallets has resulted in approximately $116 million in losses, drawing sharp attention to fundamental weaknesses in crypto wallet security practices. The Solana Foundation disclosed the incident, attributing the exploit to guessable seed phrases that allowed attackers to compromise ...

2 min readRead

Coins•Aug 28, 2026

Ledger Denies Hack Claims as Patched Ethereum App Vulnerability Emerges

Ledger has denied hacking allegations following the publication of a laboratory demonstration showing a technical flaw in an outdated version of its Ethereum application. The…

3 min readRead

Coins•Aug 27, 2026

Sparrow Bitcoin Privacy Wallet Releases Update After AI Flags Security Issues

Privacy-focused Bitcoin wallet Sparrow Wallet released version 2.5.4 on Thursday following an AI-assisted code review that produced the majority of the update’s fixes, developer Craig Raw told Decrypt. AI Review Prompted by Evolving Threat Landscape Raw said the review was driven primarily by the release of unrestricted Chinese AI models and the new ability to ...

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