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Ledger CTO questions seed generation security after Coldcard and Trust Wallet incidents

Ledger CTO questions seed generation security after Coldcard and Trust Wallet incidents
Ledger CTO warns on seed security

Ledger CTO explores the essential role of randomness in seed generation following recent security concerns involving Coldcard and Trust Wallet.

In a new blog post, the company draws parallels between the Coldcard incident and the 2023 Trust Wallet vulnerability, stressing that inadequate randomness in generating cryptographic seeds can compromise user funds. The post urges the crypto community to scrutinize randomness processes to mitigate risks. Ledger continues to advocate for stricter standards in hardware wallet security.

Ledger has previously introduced a $20 free Bitcoin promotion with select devices to highlight device security, according to company announcements. The company also recently reinforced the importance of user confirmation as AI agents demonstrate the capability to trigger wallet transfers, as reported in earlier coverage. These efforts are part of Ledger’s ongoing focus on wallet security and user protection.

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.

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