Technology Updates : Hardware wallet Ledger helps competitor Trezor resolve security vulnerability

Source : 

https://cointelegraph.com/news/trezor-resolves-security-flaw-identified-by-ledger

Apple Intelligence : 

• Security Flaw Discovered: Ledger’s open-source research arm discovered a security vulnerability in Trezor’s Safe 3 and 5 models.

• Vulnerability Details: Cryptographic operations could be performed on the microcontroller, potentially making the devices vulnerable to advanced attacks.

• Patch Implemented: Trezor has patched the vulnerability, addressing the security flaw found by Ledger.

• Trezor Security Issue: Ledger demonstrated a vulnerability in Trezor’s firmware integrity check, allowing attackers to bypass it.

• Trezor’s Response: Trezor confirmed the issue was resolved but didn’t disclose the method used. They also stated that user funds remained safe and no action was required.

• Ledger’s Security Breaches: Ledger has also faced security breaches, including a hacker stealing $484,000 worth of crypto assets in December 2023 and another threat actor publishing the mailing addresses of 270,000 customers in June 2020.