Hacking News
Ledger hardware wallets compromised by physical implant, $93M stolen
Ledger hardware wallet users were targeted in a hack involving a physical implant inside signers sold through reseller CryptoBilis. The implant reads recovery phrases displayed on the device during setup and transmits them externally. The breach resulted in more than $93 million being drained from over 300 wallets. According to the report, the device software was never altered. The incident was discussed in a Defiant livestream on Wednesday, Oct. 14 at 1:00 pm ET.