Damus
Matt · 153w
Did something new happen with Ledger?
Guy Swann profile picture
a new "feature" where you can recover your keys from some centralized institutions if you KYC because the software can extract your private key and upload it to external servers.... which so purely and idiotically defeats the purpose of a hardware wallet that it's hard to comprehend WTF they were thinking.

Basically they built a backdoor into their own device to extract the private key and are calling it a feature.
3❤️1🤙3
ContrarianAgrarian · 153w
https://decrypt.co/140317/ledger-crypto-wallet-under-fire-over-seed-phrase-recovery-service
Paula Livingstone · 153w
So fki g centralised!!
btconboard #LNHANCE or #CTV · 153w
This is insane. They’ve already had a data breach where they doxxed their customers. Though it seems if you don’t update the firmware you *might* be safe. The whole idea of opening an API to pull out your seed phrase is terrifying, and the exact opposite of what most customers want/expect. Any ...