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

imageCryptocurrency8 hours ago (Aug 05, 2020 02:00PM ET)

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

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:

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

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