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Monday, June 17, 2024
HomeNewsUnciphered Highlights Vulnerability In Trezor T Hardware Wallet

Unciphered Highlights Vulnerability In Trezor T Hardware Wallet

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TL;TD:

Unciphered, a cybersecurity firm, claims to have hacked the Trezor T hardware wallet by exploiting a hardware vulnerability. The hack requires physical possession of the wallet and specialized equipment. Unciphered demonstrated the hack in a YouTube video, extracting the mnemonic seed phrase. They state that the vulnerability cannot be fixed without recalling all Trezor T wallets.

Unciphered previously demonstrated a similar hack on the OneKey hardware wallet. Trezor responded, acknowledging the vulnerability and stating that it requires physical theft and advanced knowledge to exploit. Hardware wallets’ reputation for security has been challenged recently, with events like Ledger’s Recover feature raising concerns about third-party access to private keys.

Facts

  • 💻 Cybersecurity firm Unciphered claims to have hacked the Trezor T hardware wallet.
  • 🔐 The hack requires physical possession of the wallet and specialized equipment.
  • 🎥 Unciphered demonstrated the hack in a YouTube video, extracting the mnemonic seed phrase.
  • 🔓 The vulnerability exploited by Unciphered cannot be fixed without recalling all Trezor T wallets.
  • 🔁 Unciphered previously demonstrated a similar hack on the OneKey hardware wallet.
  • 💬 Trezor acknowledged the vulnerability, stating it requires physical theft and advanced knowledge to exploit.
  • 💡 Recent events, including Ledger’s Recover feature, have challenged the security reputation of hardware wallets.

Source: Cryptodaily

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