7:15 PMPYMNTS
Crypto Hardware Wallets Become New Entry Point for Hackers
Summary
Ledger is investigating a hack that drained $90 million from its hardware wallets. The incident adds to a series of recent attacks showing that devices once considered among the safest ways to store digital assets can still be compromised.
The $90 million loss weakens the assumption that hardware wallets provide near-total protection from theft.
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Hardware wallets remain a core defense for crypto holders, but this attack shows that device ownership alone does not eliminate platform and software risk.