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Solana Mobile has named Ledger its first hardware expansion partner, integrating its Seeker wallet and dApp store into the newly unveiled Ledger Atom device, announced days after Ledger disclosed a supply-chain attack on its products.
Reports of tampered Ledger devices sold through reseller CryptoBilis have prompted divergent responses from OneKey, Trezor and Tangem, while separate incidents suggest the problem extends beyond a single sales channel.
Hardware wallets with hidden chips capable of reading recovery phrases have now surfaced in the newer Ledger Flex model, undermining Ledger's claim that the tampering was confined to a single Southeast Asian reseller.
A user who bought a Ledger wallet at a Mediamarkt store reported finding a hidden spy component inside, extending a supply-chain attack previously tied only to an Asian reseller.
Tibane Labs, including former Mt. Gox CEO Mark Karpelès, says it has identified three generations of covert hardware implants in Ledger Nano X devices capable of capturing and transmitting recovery phrases, as Ledger investigates fund losses tied to a Southeast Asian distributor.
Ledger has asked reseller CryptoBillis to halt sales after reports that funds were drained from hardware wallets purchased through it, with an on-chain analyst estimating losses near $86 million.
Charles Guillemet dismissed warnings of an imminent AI-driven break of ECDSA signatures, arguing that recent mathematical advances remain theoretical and that a real collapse of asymmetric cryptography would take down far more than crypto wallets.
The French hardware wallet maker unveiled Crypto Loan at TOKEN2049 in Singapore, letting holders borrow USDC or USDT against wrapped bitcoin collateral while keeping custody on their device.
A class action filed in New York accuses the French hardware wallet maker of downplaying a December 2023 breach of its Connect Kit software, with a lead plaintiff claiming nearly $2 million in stolen crypto.