Last week, cryptocurrency hardware wallet company Ledger said it was investigating a hack that drained $90 million from its devices.
Last week, cryptocurrency hardware wallet company Ledger said it was investigating a hack that drained $90 million from its devices.
As Bloomberg News reported Sunday (Oct. 18), this reprsents the latest example of a vulnerability in what was once believed to be the safest tool for digital assets.
Numerous hacks in recent months have illustrated that physical devices created to protect digital money from cybercriminals can still be compromised, in some cases before they’re even used, the report said.
“This reveals that crypto storage is an operational risk, not just a cryptographic one,” said Esme Pau, head of capital markets and policy at blockchain security company CertiK. “Real-world security depends on the entire…







