Cyber firm cracks OneKey crypto wallets, raises broader questions of hardware security
When it comes to privacy and security, many in the world of crypto have long touted hardware wallets as a superior option for holding Bitcoin and other digital assets. For proponents, the benefits of such wallets—small USB-like devices that connect to laptops or cell phones—lie in the fact they are physical devices that can be […]
They Cracked the Code to a Locked USB Drive Worth $235 Million in Bitcoin. Then It Got Weird
They lost the password to an encrypted USB drive holding 7,002 bitcoins. One team of hackers believes they can unlock it—if they can get Thomas to let them. At 9:30 am on a Wednesday in late September, a hacker who asked to be called Tom Smith sent me a nonsensical text message: “query voltage recurrence.” […]
Security firm Unciphered hacked into popular hardware wallet OneKey
Cybersecurity startup Unciphered demonstrated a hack of a notable hardware crypto wallet manufactured by OneKey, a Hong Kong-based firm that raised $20 million last year. The firm demonstrated in a video that it exploited the lack of encryption between the hardware wallet’s CPU and the secure element by using a field programmable gate array that […]
OneKey says it has fixed flaw that got its hardware wallet hacked in 1 second
Unciphered posted a video showing a “Massive critical vulnerability” in the OneKey Mini. The creators say it’s been patched and they are now working on further securing the wallet. Crypto hardware wallet provider OneKey says it has already addressed a vulnerability in its firmware that allowed one of its hardware wallets to be hacked in […]
Hacking Crypto Wallets Is Latest Strategy in Quest to Recover Lost Billions
A company called Unciphered works to recover lost crypto funds by auditing code and finding vulnerabilities in wallets. One of the downfalls of crypto is the costliness of user errors. If someone loses the keys to their crypto wallet, they could lose access to their crypto holdings forever. Luckily for them, there’s a growing cottage […]