A Newly Discovered Vulnerability in Ledger Wallet Could Be Disastrous If Not Properly Fixed

Cointelegraph

Published Aug 05, 2020 12:21PM ET

Updated Aug 05, 2020 02:00PM ET

A recent report contends that the Ledger app has failed to fix a major vulnerability that allows for a “Bitcoin Fork” attack.

Mo Nokhbeh has claimed that Ledger’s wallet fails to properly isolate the apps responsible for authorizing the transactions of different assets. This creates a vulnerability where a user’s wallet can be fooled into authorizing a transaction for a less valuable asset — such as Litecoin (LTC), Bitcoin Cash (BCH) or any other Bitcoin fork coin — when in reality, a Bitcoin (BTC) transaction is being released. Nokhbeh told Cointelegraph:

Continue Reading on Coin Telegraph