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Ledger Reveals Five Vulnerabilities In Trezor Wallets |

Ledger reveals five vulnerabilities in trezor wallets |

Ledger Reveals Five Vulnerabilities In Trezor Wallets |

Ledger reveals five vulnerabilities in trezor wallets |

Ledger, one of the leading hardware wallet manufacturers, has discovered a number of vulnerabilities in devices created by its main competitor. The company says that there are five different security flaws distributed between the Trezor One and the Trezor Model T. However, Trezor has contested some of the bugs, so it is not clear how serious the issues are.

Ledger’s findings are the result of the company’s recently-formed “Attack Lab,” which works to bug-test the company’s own devices as well as those of its competitors. Ledger says that it gave Trezor about four months to fix the bugs. Now that the responsible disclosure period has ended, Ledger has decided to reveal its findings publicly.

The Bugs In Detail

One of the bugs has already been fixed by Trezor: A now-patched vulnerability could have allowed attackers to measure power consumption in a device in order to guess its PIN and gain access to its wallet. The fix for this bug lessens the impact of another still-unpatched bug, which allows attackers who know a device’s PIN to extract a secret key.

Two more vulnerabilities—or, rather, one bug in two different Trezor models—have also been found. These vulnerabilities could allow attackers to extract data from a device’s flash memory and drain the wallet’s funds. Solving this problem would require an entire design overhaul; however, users can prevent an attack by using a strong passphrase.

The Possibility of Counterfeiting

Finally, one vulnerability involves counterfeiting. Ledger shows that Trezor’s tamper-proof seal can be easily removed and reapplied. This would allow an attacker to open a Trezor device, then replace the hardware or install a backdoor. Ledger says that it was personally able to manufacture a convincing Trezor clone, and other counterfeit Trezor wallets have emerged in the past.

As such, this line of attack is plausible. However, Trezor suggests that this problem does not exist as long as users buy their hardware wallet from the official Trezor store. Ledger responds that attackers could buy a wallet, install a backdoor, and return it to the company—although it is not apparent that Trezor is reselling previously-owned devices.

Are the Problems Serious?

All of the above attacks (except for counterfeiting) require attackers to have direct physical access to their victim’s wallet. Ironically, Ledger has downplayed previous concerns about physical access, noting that using a camera to record user input is often more practical than exploiting various types of bugs.

Ledger’s article is not quite a “hit piece” on Trezor, but Ledger obviously has the upper hand when it comes to disclosing its findings. As of March 11, Trezor has not responded publicly to Ledger’s claims. However, Trezor’s latest firmware update fixes one of the bugs, along with a Wallet.fail bug and a third vulnerability.

The post Ledger Reveals Five Vulnerabilities In Trezor Wallets appeared first on UNHASHED.

Published at Wed, 13 Mar 2019 12:13:12 +0000

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ZebraPay to Support VEROS and Ether

Since entering the market in 2009, ZebraPay has acquired the largest self-service kiosk network in Romania boasting of over 2500 kiosks in 350 localities across the country.


ZebraPay is recognized as the fastest growing tech company in Romania and has seen extensive development throughout 2011-2014.

ZebraPay self-service kiosks support a myriad of different payment options including cash, NFC, mobile wallets, and bitcoin. Presently accepting only one cryptocurrency, ZebraPay plan to meet the demands of a growing market by expanding their services to support both Ether and VEROS (VRS). In the immediate future, customers will be able to purchase VEROS and Ether at ZebraPay self-service kiosks.

“Innovation is a milestone at ZebraPay, so through this partnership we increase our cryptocurrencies portfolio to meet the needs of the customers interested in this modern financial area and to increase accessibility to such services. The new cryptocurrencies that we introduced, VEROS and Ether, will bring the Romanian customers a step closer to the international trends”, declared Adrian Badea, CEO ZebraPay.

bitcoin-pr-buzz-zebrapay

Only several weeks into its infancy, the VEROS cryptocurrency has implemented a long-term mass adoption strategy to set itself apart from other similar market cryptocurrencies. As a part of the strategy, VEROS is launching its Crypto-One-Stop-Solution (COSS) platform soon.

To stimulate growth and assure mass adoption VEROS will offer its community the control over distribution and value of the digital currency, independent of centralized agglomerates like mining pools. The security of transactions in VEROS is guaranteed with smart contracts on Ethereum, governing the validation, distribution, and ownership of tokens.

The affiliate network behind VEROS is currently evolving a market suitable for all manner of projects involving crypto and fiat currencies with VRS used as the native token of this market.

Ether is the number two cryptocurrency in market capitalization (After bitcoin) and will soon be available for purchasing at ZebraPay kiosks as well. Although used as a store of value, Ether is also the token that fuels the Ethereum network. Ethereum platform developers, startups, and community members pay fees for the transactions and computational power consumed for all such operations on the network with Ether. Despite such technical application, ether can be traded and purchased alongside bitcoin on major exchanges.

ZebraPay has adopted three popular, highly accepted cryptocurrencies, (BTC ETH and VRS), each with its own unique attributes, resulting in the much-required diversification for cryptocurrency consumers. The VEROS development team believes this move as an important step towards a sustained growth of the cryptocurrency market. ZebraPay customers will be able to buy VEROS and Ether at self-service kiosks all around Romania from next week.

[Note: This content has been provided by bitcoin PR Buzz. Bitcoinist is not responsible for the accuracy of information provided in this press release.]


Images courtesy of Shutterstock, bitcoin PR Buzz

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