Ledger CTO Responds to Vulnerability FUD, Users Urged to Update Promptly
On August 27, Ledger's Chief Technology Officer Charles Guillemet stated that there has been recent FUD (Fear, Uncertainty, Doubt) in the market regarding Ledger, claiming that there is a vulnerability in the Ledger Ethereum application. Guillemet pointed out that the vulnerability is related to certain Clear Signing processes, which was discovered by Ledger's security research team, Donjon, using AI-driven tools. The issue was fixed and deployed two weeks ago. Users only need to promptly update their Ledger device firmware and applications to be protected. The relevant security company contacted its bug bounty program only after the vulnerability was fixed, failing to follow responsible disclosure processes, which implied that the issue was unresolved and created panic for attention. Guillemet reminded users to keep their device firmware and applications updated to automatically receive the latest security fixes, emphasizing that users should not be affected by FUD and should update their software and maintain safe practices promptly.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Injective Expands Support for Over 60 Chains in Partnership with LI.FI

Bitcoin ETF Net Assets Surpass $100.9 Billion

US Spot Ethereum ETF Sees $225.8 Million Net Inflow in a Single Day, Hitting 10-Month High

Lido Expands Ethereum Staking Credibility with Web3SOC Certification

Spark Launches New Domain spark.finance, Integrates Lending Features

Coinbase: "Finance Was Built for People Who Sleep"

Nillion Launches First Phase of Encrypted Markets Dusk on Sepolia Testnet

Ethereum and Solana Fees Covered by Intermediaries

Why Coinbase is Betting Big on Agentic Finance

Rayls Launches Private Blockchain Sovereign for Financial Institutions

Wall Street Increases Presence in Crypto, but Altcoin Capital Flows Become More Concentrated

TRON Proposal No. 107 Takes Effect, TVM Compatible with Prague and Osaka Features

The Gap Between South Korea and the Global Crypto Market Has Widened Since Four Years Ago

Solana Faces a Choice: Preserve Staking or Rarify SOL?

Building a Trust System in the Age of AI Trading

Fear and Greed Index at 72, Maintaining Greed Zone

XRP Ledger Surpasses 5 Billion Transactions: Rapid Influx of RWA Surpasses Ethereum and Accelerates Growth

Long-term Interest Rates Expected to Rise Again, Dependent on Warsh's Speech Signals

Ledger rejects hack claim after OneKey recreates bug

Stablecoin Payments Reach $10.2 Trillion, ETH and SOL Gas Fees Persist

$88,000 in Stolen Funds Flowed into KuCoin

8 Years of 'Friendship': Internet Celebrity Di Shi Reveals He Was Defrauded of Millions by Sun Zeyu

Ethereum Account Abstraction Proposal EIP-8141 Included in Hegotá Upgrade

Potential Taxable Activities for Cryptocurrencies in 2025 Estimated at Approximately 73 Trillion Yen = Chainalysis

Euro Stablecoin on Ethereum: $579 Million, More Than Double Solana and Base

Increase in Dollar Bullish Bets to 57.2%

Spark Reports $40.6 Million in Q2 Revenue, Negative Loan Margin

Bitmine Generates 98% of Revenue from Ethereum Staking

Loss of $5,699,22 Due to Weak Recovery Phrase










