Popular hardware wallet manufacturer Coldcard has released new firmware versions to address a seed phrase exposure vulnerability. According to CryptoSlate, versions 5.6.1 and 1.5.1Q significantly harden the new wallet creation process. Users must now press keys 65 times when initializing a new wallet, a measure designed to strengthen entropy sources and narrow potential attack vectors.

The most critical aspect of the update is the warning that seed phrases created on affected firmware versions cannot be repaired. Users who initialized wallets using the vulnerable releases must move their funds to a secure wallet. This highlights that hardware wallet security requires both software patches and user action.

Security researchers note that such vulnerabilities typically require physical access but still pose serious risks. The Coldcard team maintained transparent communication throughout the detection and patching process. Users can download firmware updates through official channels to secure their devices.

This incident demonstrates that security auditing of crypto custody solutions is an ongoing process. For hardware wallet users, regular firmware monitoring and following official announcements remains essential.

#Coldcard #HardwareWallet #Security

Sources: CryptoSlate

This news digest was compiled with AI assistance; it is not financial advice. Always do your own research (DYOR).