Ledger advises strong security on secret recovery phrase amid rising scam threats

Traders Union
All News
Business & Wealth
Companies
Ledger issues security warning

Top Stories

Editors' Picks

Stocks

Crypto

Economics

Currencies

Commodities

Business & Wealth

Market Voices

Yaroslav Dmytrenko

29.05.2026

Ledger advises strong security on secret recovery phrase amid rising scam threats — Ledger issues security warning

Ledger issued a strong warning to its users, stating it will never ask for a secret recovery phrase and emphasizing the crucial role of safeguarding this information.

The company noted the importance of keeping the secret recovery phrase secure, underscoring its efforts to educate users about crypto safety. Ledger also revealed it created a song to raise awareness on the subject and cautioned users against falling victim to scams. The reminder highlights the ongoing risks in the digital asset space where security lapses can lead to irrecoverable losses for individuals.

View post on X Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

Ledger previously introduced signer and wallet tools designed to increase transparency for cryptocurrency transactions, according to its product launch announcement. The company also highlighted how signer devices could simplify transaction approvals for users, emphasizing secure asset management in a separate update. These moves target longstanding concerns over digital asset safety.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

Did you like the article?

#Ledger

Editor's Picks for You

Can Bitcoin make you a millionaire?

By Pavlo Kot
18 hours ago

Can Bitcoin make you a millionaire?

Editors' Picks

France's crypto market matures as regulation reshapes the industry

By Olena Litvinenko
Yesterday

France's crypto market matures as regulation reshapes the industry

Editors' Picks

SK Hynix’s rise reshapes the global chip industry and economy

By Dmytro Kharkov
Yesterday

SK Hynix’s rise reshapes the global chip industry and economy

Editors' Picks

All Editors' Top Picks

Latest Ledger News

Ledger introduces AI agent to assist with shopping and USDC payments

By Hanna Syniavska
28.10.2026

Ledger introduces AI agent to assist with shopping and USDC payments

Companies

Ledger unveils Security Key app to bolster email account security with hardware authentication

By Yulia Slavina
27.10.2026

Ledger unveils Security Key app to bolster email account security with hardware authentication

Companies

Ledger introduces Atom device with physical privacy switch for camera and microphone

By Igor Krasulya
26.10.2026

Ledger introduces Atom device with physical privacy switch for camera and microphone

Companies

All Ledger News

Pavlo Kot
18 hours ago

Can Bitcoin make you a millionaire?

Olena Litvinenko
Yesterday

France's crypto market matures as regulation reshapes the industry

Dmytro Kharkov
Yesterday

SK Hynix’s rise reshapes the global chip industry and economy

Eugene Komchuk
Yesterday

Binance hack: The biggest theft in crypto history

Ksenia Gerey
29.10.2026

From PlayStation to crypto: Why Sony is building its own blockchain

Hanna Syniavska
20 min ago

Concentrated funds face adverse selection versus desired deals, Harry Stebbings argues

Ksenia Gerey
1 hour ago

Simultaneous Chainalysis hack sought to stop stablecoin freezes, Caitlin Long notes

Alena Volkova
2 hours ago

Choosing channel peers carefully limits complications, Alex Bosworth notes

Daria Chernytska
2 hours ago

Difficulty obtaining refunds for misrepresented rentals, Lia Holmgren notes

Ksenia Gerey
2 hours ago

OpenAI lowers funding target by $10 billion, Jordan Kerridge notes

Top News

Ivan Andriyenko
10 hours ago

Apple overtakes Nvidia as world's most valuable company with market cap above $5 trillion

Apple overtakes Nvidia as world's most valuable company with market cap above $5 trillion

Daria Chernytska
10 hours ago

Intel shares plunge 29% after earnings report in worst drop since 1974

Intel shares plunge 29% after earnings report in worst drop since 1974

Anastasiia Chabaniuk
15 hours ago

Fitch cuts France's rating outlook to negative over deficit and debt risks

Fitch cuts France's rating outlook to negative over deficit and debt risks

Kyle Torpey
16 hours ago

Trump says U.S. probes possible North Korean role in $6.3 billion Binance hack

Trump says U.S. probes possible North Korean role in $6.3 billion Binance hack

Pavlo Kot
18 hours ago

Can Bitcoin make you a millionaire?

Can Bitcoin make you a millionaire?

Top 5 companies for you

United States

Live News

Andrey Mastykin
Now

Eurozone economy slows as France slips into recession fears

Anton Kharitonov
Now

EUR/USD recovery stalls near 1.1210 as dollar retains its fundamental advantage

Anastasiia Chabaniuk
Now

Binance launches stolen asset recovery and allocates $6.34 billion to cover losses

Mykhailo Ihnatenko
Now

AMD stock drops over 7% as Intel outlook hits semiconductor sentiment

Jose Antonio Gastelum
Now

Circle phases out old USDC bridge as CCTP V2 takes over

© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186

Risk disclosure:

Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.
Disclaimer:

Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.
Disclosure of advertisers and revenues:

All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.