Crypto hardware wallets are often touted as the most secure means of storage. These physical devices, designed to protect digital assets from online threats, have been the go-to for crypto investors seeking safety for their investments.
They offer the allure of cold storage, where private keys – the cryptographic proof of ownership – are held offline, rendering them impervious to cyber-attacks. Still, recent revelations challenge the invulnerability of these “impregnable fortresses.”
Unveiling the Vulnerabilities of Crypto Hardware Wallets
Contrary to popular belief, hardware wallets are not infallible. They have exhibited vulnerabilities that attackers could exploit, putting investors’ funds at risk. Even the most sophisticated hardware wallets can be compromised by hackers through various means.
One significant vulnerability stems from the very process of manufacturing the wallets.
Ledger’s Nano X, a popular hardware…
