hardware supply chain attack on crypto wallets
2026-10-12 18:10:52.41636+02 by Dan Lyke 0 comments
A friend on a Slack channel posted Eric Parker: The most INSANE Hardware Supply Chain Compromise (YouTube video) which I'm letting play as I get my morning started. It's about a dedicated crypto ledger that's had a supply chain attack.
It's derived from a bunch of Twitter posts and Tibane: Ledger Nano X: the spy implant,
Lots of discussion about company acquisitions and whatnot about whether you can trust devices, but I think what's most fascinating is that in the end he comes down to the idea that individuals people shouldn't manage their own crypto wallets, and if you want to invest in cryptocurrencies you should buy into an ETF.
Also some interesting discussion about attack surfaces of phones vs dedicated cryptocurrency hardware, not that there was any real insight in the video, but interesting to ponder mass market devices which attackers are able to compromise some cross-section of, vs dedicated devices where an attack can be very specific.
Which both puts specific words to the lie of the original promises of cryptocurrencies, and... "if you want to invest in extortion and repressive regimes bypassing sanctions, this is your investment vehicle".