Ledger hits out at wallet.fail presentation

Move on, please, nothing to see here, it insists

Recently uncovered vulnerabilities in Ledger’s hardware wallets are not critical, the venture has insisted in a Medium post.

It was referring to the 35th Computer Chaos Congress, which took place this week in Leipzig and where Dmitry Nedospasov, Thomas Roth and Josh Datko gave a presentation entitled wallet.fail, looking at how to break the most popular cryptocurrency hardware wallets.

“Concerning Ledger, they presented three attack paths which could give the impression that critical vulnerabilities were uncovered on Ledger devices. This is not the case,” Ledger said.

“In particular they did not succeed to extract any seed nor PIN on a stolen device. Every sensitive assets stored on the secure element remain secure. Don’t worry, your crypto assets are still secure on your Ledger device.”

Read the Medium post here.

Trezor, meanwhile, has also responded to the presentation, with the following tweet.

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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