Seed Phrase
$4.8M in crypto stolen after Korean tax agency exposes wallet seed
Someone jumped at the opportunity to steal $4.4 million in crypto assets after South Korea’s National Tax Service exposed publicly the mnemonic recovery phrase of a seized cryptocurrency wallet. The funds were stored in a Ledger cold wallet seized in law enforcement raids at 124 high-value tax evaders that resulted in confiscating digital assets worth […]
Hackers use fake Ledger apps to steal Mac users’ seed phrases
Cybercriminal campaigns are using fake Ledger apps to target macOS users and their digital assets by deploying malware that attempts to steal seed phrases that protect access to digital cryptocurrency wallets. Ledger is a popular hardware-based wallet designed to store cryptocurrency offline (cold storage) and in a secure manner. A seed or recovery phrase is a set […]
New Crocodilus malware steals Android users’ crypto wallet keys
A newly discovered Android malware dubbed Crocodilus tricks users into providing the seed phrase for the cryptocurrency wallet using a warning to back up the key to avoid losing access. Although Crocodilus is a new banking malware, it features fully developed capabilities to take control of the device, harvest data, and remote control. Researchers at fraud prevention company […]