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#HardwareWallets
Hardware wallets news and analysis from LC Insight: 2 stories, newest first.
Guides
Seed phrase and hardware wallet safety: the words that guard your crypto
Your seed phrase is the master key to your wallet: anyone who sees it can take everything, and if you lose it, nobody can restore it. A hardware wallet keeps keys offline, but only if the phrase stays offline too and the device is genuine.
Security
A spy chip in the box: $86.96 million drained from Ledgers sold by one reseller
Ledger says an implant hidden inside devices sold by Southeast Asian reseller CryptoBilis read the 24-word recovery phrase off the screen and sent it out over a mobile network. DeepSea puts the losses at $86.96 million. Ledger has confirmed no total.