Cybersecurity

Who Is Planting Backdoors in Ledger Crypto Wallets?

An investigation by researchers has found that Ledger, a popular cryptocurrency wallet manufacturer, has been shipping its hardware wallets with backdoors that can be exploited by hackers. The backdoors were discovered in the Ledger Live software, which is used to manage Ledger's hardware wallets. The backdoors allow an attacker to remotely access and control the wallet, which can be used to steal funds. The researchers also found that the backdoors were not a result of a deliberate design choice, but rather a mistake by a third-party developer who worked on the Ledger Live software. The incident has sparked concerns about the security of Ledger's hardware wallets and the potential for similar backdoors to exist in other devices.

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