Close-up of Trezor Safe 7 wallet highlighting TROPIC01 chip vulnerability without fund risk
Close-up of Trezor Safe 7 wallet highlighting TROPIC01 chip vulnerability without fund risk
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Trezor discloses TROPIC01 chip flaw in Safe 7 wallet

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Trezor has revealed a vulnerability in the TROPIC01 secure element chip used in its Safe 7 hardware wallet. The company said the issue does not put user funds at risk.

Trezor and its sister company Tropic Square disclosed the flaw after an audit by Ledger's Donjon security team. The vulnerability affects one security layer in the device but leaves others intact. An attacker would need physical access to the wallet along with specialized laboratory equipment and advanced expertise to exploit the issue. Trezor reported no evidence of real-world attacks or compromised devices. The disclosure came from a collaboration between the rival hardware wallet makers. Trezor CEO Matej Žák said the open process sets a model for the industry. No action is required from users, the company stated, because the Safe 7 relies on multiple independent security measures rather than any single chip.

Watu wanasema nini

Initial reactions on X highlight Trezor's disclosure of the TROPIC01 chip vulnerability in the Safe 7 wallet, discovered by Ledger's Donjon team, with emphasis that it requires physical access and specialized equipment, posing no risk to user funds due to multi-layer security. Official Trezor accounts urged against FUD and stressed independent protection layers, while Ledger-affiliated voices praised the collaborative disclosure process. Some users expressed skepticism about Trezor's hardware reliability and shipping practices, but most posts remained neutral, confirming no real-world exploits and funds' safety.

Makala yanayohusiana

Illustration of a cryptocurrency wallet hack on SecondFi draining 2.4 million ADA
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SecondFi wallet exploit drains 2.4 million in ADA

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SecondFi, the Cardano wallet formerly known as Yoroi, confirmed losses of 16 million ADA worth about 2.4 million dollars from 374 user wallets in three attacks. The firm secured an additional 129 million ADA before further drains occurred. A flaw in its proprietary wallet generation software caused the breach.

Zcash token ZEC dropped sharply after developers disclosed a vulnerability in the Orchard shielded pool that could have allowed undetected counterfeiting of tokens. The flaw, present since 2022, was found on May 29 using an AI model and patched by June 1. No evidence of exploitation was found, though privacy features prevent cryptographic proof.

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Security engineer Taylor Hornby used an AI model to identify a critical vulnerability in the Zcash cryptocurrency that had remained undetected since 2022. The flaw could have permitted unlimited creation of counterfeit tokens. Hornby has now added Monero to his list of planned audits.

New analysis reveals that over 30 percent of Bitcoin's supply sits in wallets vulnerable to future quantum attacks, with exchanges holding a disproportionate share of the exposure. A startup has proposed a soft-fork solution to protect even dormant holdings, including Satoshi Nakamoto's estimated 1.1 million coins.

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SecondFi says forensic investigations into a $2.4 million Cardano wallet exploit are complete. Users could begin receiving recovered assets in about two weeks.

Zcash has recovered about 45 percent from its recent low after developers proposed the Ironwood upgrade to address a supply verification issue. The privacy-focused cryptocurrency traded near $437 on Monday, though it remains down 22 percent for the week. The move comes after a patched bug in the Orchard pool triggered last week's sell-off.

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Executives at West Pharmaceutical Services revealed details of a recent cybersecurity breach during a fireside chat at the Bank of America Global Healthcare Conference. The company issued an 8-K filing the previous evening after detecting an intruder in its systems. Officials described shutting down global operations to assess the situation.

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