Bitcoin24h $122,702.71-1.32%

Ethereum24h $4,491.04-4.24%

BNB24h $1,321.14+3.02%

XRP24h $2.87-3.49%

Solana24h $221.52-4.14%

Dogecoin24h $0.2493-4.38%

TRON24h $0.3371-2.23%

Cardano24h $0.8214-4.14%

Hyperliquid24h $46.18-0.14%

Chainlink24h $22.00-3.07%

Tangem wallet brute force vulnerability revealed by rival Ledger

The security flaw allows hackers to brute force the PIN code of Tangem cold wallet cards by cutting off their source of power.

Ledger scammers are sending letters to steal your recovery phase

The letter claims to be from Ledger’s security team and asks users to give their recovery phrase in response to a “critical security update.”

Demand for private security among crypto professionals has reportedly “grown considerably” following the kidnapping of Ledger’s CEO.

David Balland, the Ledger co-founder who was reportedly held hostage for a large crypto ransom, was released by kidnappers on Wednesday.

An active investigation involving Ledger co-founder Éric Larchevêque is reportedly ongoing with some speculating about a kidnap situation.