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Hardware Wallets

3 GoKawiil briefs on this topic

Tampered Ledger hardware wallets sold by third-party resellers drain over $93M in crypto

An ongoing investigation has found that counterfeit or tampered Ledger hardware wallets, sold through third-party resellers like Cryptobilis in Southeast Asia and elsewhere, contained hidden eSIM and LTE chips capable of capturing users' recovery phrases. Researchers say more than $93 million has already been stolen from affected users, while wallets purchased directly from Ledger remain unaffected. Cryptobilis has halted sales of all hardware wallet brands while the investigation continues.

Mark Karpelès alleges 'spy implants' in Ledger hardware wallets

Former Mt. Gox CEO Mark Karpelès has spent nearly a month publicly posting claims that he found hidden 'spy implants' inside Ledger crypto hardware wallets. He has not yet provided full technical documentation of the alleged findings in the reporting available.

Explainer: How cold wallets keep cryptocurrency private keys offline and secure

Cold wallets are cryptocurrency storage methods that never connect to the internet, protecting the private keys needed to prove ownership of blockchain assets. These range from simple paper wallets listing 12 or 24 recovery words to dedicated hardware devices that sign transactions internally before connecting briefly via USB, Bluetooth or NFC to authorize transfers.