Hacking News
Keystone Bitcoin Hardware Wallets Destroyed After Factory Key Stolen
Keystone, a Bitcoin hardware wallet maker, has destroyed 18,835 unsold devices and suspended shipments due to an attacker obtaining the factory key that proves the hardware is genuine. This key, used for verification on the company's website, allowed the attacker to produce counterfeit wallets, potentially leading to asset theft. The affected buyer records total 25,964, spanning from 2024 to 2026, and include names, contact details, shipping addresses, and order information. The incident, which began on October 20, saw the price of Bitcoin drop from $84,800 to $79,600 over the following weeks, with the most recent 24-hour high at $80,573.