15-Year-Old Boy Hacks ‘Unhackable’ Crypto Trading Device: Recently, a 15-year-old from the UK, Saleem Rashid, hacked the market-leading Ledger Nano-S and says that many can do the same because these wallets are now sold through third-party sellers via the likes of Amazon and eBay.
The devices, according to the company, are “hack proof”. They are so secure that they were sold without any type of seal in the package because, according to the company, even if the packaging was violated, the invaders couldn’t compromise the device.
We all know that investors are now viewing Bitcoin and the rest as a kind of money. And money, can and does get stolen. That’s the reason why personal crypto-currency hardware wallet market has boomed, more than 20 million units of personal crypto-currency hardware wallet are sold at the start of this year.
The wallet, a cross between a thumb drive and a bank internet security device, can be plugged into a computer through which owner can trade cryptos. Rashid said that the hack was “trivial to perform” and he put a nifty 45-second video of his hack on YouTube.
Saleem Rashid describes himself as a Bitcoin enthusiast on Twitter who is fascinated by cryptocurrency and trustless system. He also said that he is also a security researcher and “an adversarial thinker”
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