Seed Phrase Financial News
14.07 / 00:59
Blockchain
wallet
Bitcoin Wallet
Seed Phrase
Hidden as colors, crypto seed phrases could hide in plain sight, says dev
A newly released tool called “BIP39 Colors” is turning Bitcoin (BTC) and other crypto wallet seed phrases into colors — giving users a potentially new way to hold their funds in cold storage.
25.10 / 02:11
business
Hardware Wallet
Private Keys
Ledger
Bitcoin
Seed Phrase
recovery
Ledger hardware wallet rolls out cloud-based private key recovery tool
Hardware wallet firm Ledger is rolling out its cloud-based private key recovery solution despite facing significant criticism from the crypto community.
12.10 / 09:15
business
Hardware Wallet
Trezor
Bitcoin
Self Custody
Seed Phrase
Trezor releases new hardware wallet and metal private key backup
Trezor, a major provider of hardware cryptocurrency wallets, is celebrating its 10th anniversary by releasing three self-custody products, including a new Trezor wallet, a proprietary private key backup solution and a Bitcoin (BTC)-only wallet.
12.08 / 05:39
Blockchain
Hackers
hacks
wallet
Tether
hot wallet
Seed Phrase
Exploit
Victim of 90 ETH exploit set to claw funds back after hacker was blacklisted
With the help of police and cyber authorities, a victim of a hack worth 90 Ether (ETH) has gotten the attacker’s Tether (USDT) address blacklisted. As a result, they may be able to get most of their funds back.
20.05 / 06:47
business
Adoption
Hardware Wallet
update
Ledger
Seed Phrase
Ledger co-founder clarifies "there is no backdoor" in Recover firmware update
The launch of Ledger Recover, a service that allows users of the Ledger hardware wallet to back up their secret recovery phrases, met with immense resistance from the crypto community. Ledger co-founder and ex-CEO Éric Larchevêque took the criticism against Ledger as “a total PR failure, but absolutely not a technical one.”
18.05 / 22:01
Adoption
wallet
Cybersecurity
security
Hardware Wallet
Private Keys
Seed Phrase
controversy
Ledger clarifies how its firmware works after deleted tweet controversy
On May 18, crypto hardware wallet provider Ledger clarified how its firmware works after a controversial May 17 tweet was deleted by the company. The deleted tweet, which Ledger said was written by a customer support agent, had stated that it was “possible” for Ledger to write firmware that could extract users’ private keys.
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