Crypto user warns about Ledger Wallet's latest firmware update, version 2.2.1.
The new update introduces a Recovery Seed Service, which broadcasts recovery seeds to undisclosed third parties.
The user urges the community to voice their concerns on the Ledger subreddit.
A cryptocurrency user has issued a critical warning to those using Ledger Wallets. The cause for concern? The latest firmware update, version 2.2.1. This update, according to the user, introduces a potentially troubling feature – the Recovery Seed Service.
Source : https://www.reddit.com/user/NckyDC/
Ledger, known for its hardware wallets, introduced this feature in the recent update. However, the functionality of this new service is not yet entirely clear. Ledger has indicated that this paid service will broadcast the recovery seed to undisclosed third-party companies. This raises a question of paramount importance: What happens to those who do not opt for this service? Could their seeds also be broadcasted unknowingly?
This update is causing a stir in the crypto community, with many feeling betrayed. Ledger has always emphasized that users should never share their keys online. Yet, this new feature appears to contradict this long-standing advice.
The upset user has urged fellow crypto enthusiasts to voice their concerns on the Ledger subreddit. It's a clear call to action for the community to ensure their concerns are heard and their security prioritized.
Recommended News :
Ledger Launches Its New Ledger Stax Wallet
RTFKT Partners With Ledger for Release of RTFKT-Designed Products
Bitcoin Wallet Company Ledger had a Record Week of Sales
ZeroSync & Blockstream to Boost Bitcoin via Satellite Broadcast
Beware of Address Poisoning Scams: Ledger Warning
The post Crypto User Warns Against Latest Ledger Wallet Firmware Update appeared first on Crypto News Land.
