Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Wallets => Topic started by: Zed0X on February 10, 2020, 04:56:07 PM

Title: Vulnerability in Trezor Hardware Wallet
Post by: Zed0X on February 10, 2020, 04:56:07 PM
This is just a heads up to all Trezor users and those of you who are planning to buy.

Ledger and Kraken were able to find a way to hack Trezor and steal funds within fifteen minutes. But for that to happen, the hacker should physically hold the wallet. If you are keeping it in a safe place, then you shouldn't worry about your funds getting stolen. Another option (and I think every Trezor user should do) is to activate the BIP39 passphrase. That way, no one can access your funds even if you lose or misplace your Trezor.

Here's the article - Kraken Security Labs: Hackers can exploit Trezor hardware wallets with only 15 minutes of physical access to the device (https://www.theblockcrypto.com/post/54631/kraken-security-labs-hackers-can-exploit-trezor-hardware-wallets-with-only-15-minutes-of-physical-access-to-the-device)