Key Highlights: Hardware wallet manufacturer Ledger is facing scrutiny after reports emerged of devices allegedly altered with unauthorized components, including an LTE module. A customer reported that two units bought through a major retail network spanning 11 European countries featured unexpected modifications intended to exfiltrate user data. One compromised unit has been sent to former ...
Key Highlights: Binance founder Changpeng Zhao (CZ) advises cryptocurrency users to isolate new software and hardware wallets from primary funds for several weeks before moving substantial assets. The warning follows reports of between $86 million and $87 million in losses connected to a third-party Ledger reseller operating in Southeast Asia. Former Mt. Gox CEO Mark ...
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, ...
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 ...