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Trezor Wallets Can Be Hacked, Kraken Reveals

Published 01/31/2020, 12:59 PM
Updated 01/31/2020, 02:42 PM
Trezor Wallets Can Be Hacked, Kraken Reveals

Kraken Security Labs revealed on Jan 31. that Trezor hardware wallets and their derivatives can be hacked to extract private keys. Though the procedure is quite involved, Kraken claims that it “requires just 15 minutes of physical access to the device.”

The attack requires a physical intervention on the Trezor wallet by either extracting its chip and placing it on a special device or soldering a couple of critical connectors.

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