TechZERO DAY1h ago
A look at a coordinated theft of ~$100M in crypto using hardware
A look at a coordinated theft of ~$100M in crypto using hardware backdoors planted in Ledger wallets sold by Malaysia-based authorized reseller CryptoBilis
TL;DRHackers stole $100M from Ledger wallets compromised by a Malaysian reseller through hardware backdoors.
Why it matters: Supply chain attacks on hardware wallets undermine the security model that makes crypto self-custody supposedly safe.
The theft last week of an estimated $100 million in crypto using a hardware backdoor planted in Ledger wallets points to a sophisticated …
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