Capital de TokensThe crypto wallet that may have spied on its owner’s secret phrase
Watch on YouTube Someone starts using a new hardware wallet to store their cryptocurrency. During setup, a recovery phrase appears on the screen. If someone has installed a circuit capable of reading that screen before the wallet reaches its owner, the secret could be exposed on that first use. That is the mechanism
Someone starts using a new hardware wallet to store their cryptocurrency. During setup, a recovery phrase appears on the screen. If someone has installed a circuit capable of reading that screen before the wallet reaches its owner, the secret could be exposed on that first use. That is the mechanism being investigated following a series of thefts allegedly linked to Ledger devices sold by CryptoBillis. Has a circuit actually been found inside a wallet? Yes, in at least one. Ledger confirmed that one of the affected users’ devices contained an unauthorized hardware implant. It also asked CryptoBillis to pause sales of its wallets while it investigates.
Full episode: https://youtu.be/7aoUTl7V-f0
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