Cybersecurity firm Unciphered has posted a video in which it claims to have hacked a Trezor hardware wallet.
Cybersecurity startup Unciphered claims to have infiltrated the security of the popular Trezor T model hardware crypto wallet.
On May 24, the team posted a video of them extracting the wallet’s mnemonic seed phrase or private key.
The cryptocurrency recovery firm took the Trezor apart to remove the internal circuit board. It was connected to its lab equipment which enabled the extraction of the device’s firmware.
Trezor Vulnerability Revealed
It then used powerful GPUs (graphics processing units) to work on the extraction.
Unciphered co-founder Eric Michaud said:
“We uploaded the firmware we extracted onto our high-performance computing cracking clusters. We have about 10 GPUs … and it took a little while but we extracted the PIN.”
He also stated that the retrieval was made possible by an “exploit that we…
